According to our latest market study on “Air Quality Sensor Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Air Quality Sensor Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by: Type, Location, End-User, and Geography” the market was valued at US$ 878.62 million in 2019 and is projected to reach US$ 1,266.07 million by 2027; it is expected to grow at a CAGR of 6.1% during the forecast period. The report highlights key factors driving the market growth, and prominent players and their developments in the market.
A large number of people spend most of their time indoors, and indoor air quality has a momentous impact on their comfort and health. Poor air quality can make the room stuffy and uncomfortable. Indoor pollutants such as radon, mold, pressed wood products (which might contain formaldehyde), and secondhand smoke may lead to health issues, such as lung cancer and asthma among individuals. Moreover, the deficient indoor air quality (IAQ) negatively impacts the productivity, cognitive function, health, and well-being of the indoor occupants. Owing to this factor, air quality has become an important concern. Environmental Protection Agency (EPA) states that the worker’s productivity at the workplace can be improved by 5–6% when air pollution levels are set optimum. As balanced and increased ventilation optimizes indoor air quality, the demand for air quality sensors is rising significantly in various sectors, ranging from residential to commercial and industrial sectors.
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Due to the growing significance of air quality, the development of low-cost air quality sensors equipped with remote sensing technology gives a new platform to enhance air quality. The low-cost sensors are becoming popular among citizen scientists and communities to track air quality conditions in varied societies. The low-cost air quality sensors are relatively innovative technology costing less than old air quality monitors, which measures specific air pollutants such as particulate matter and gaseous pollutants. Development in low-cost sensor technologies has facilitated the advancement of indoor air quality monitors for consumers available for less than US$ 300, which reports the concentration of temperature, particulate matter, humidity, carbon dioxide, and volatile organic compounds. The low-cost sensors help in expanding access to air quality monitoring systems and play a critical role in tracking air quality. The Great Basin Unified Air Pollution Control District (California regional government agency) has received a contract from the California Air Resources Board to install a network of Purple Air low-cost sensors across Mono, Inyo, and Alpine Counties. These sensors provide particulate matter data for dust and smoke in areas without regulatory monitors. Therefore, the rising need for air quality in the countries will help in increasing the adoption of low-cost indoor and outdoor air quality sensors.
The proposed Air Quality Sensor Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes a detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.
The Air Quality Sensor Market sample report includes an exclusive analysis of the COVID-19 pandemic on the market space under scrutiny. The sample represents the format of the overall study which is designed to provide clarity on the structure of the report and some data points demonstrated in an attempt to provide insights into the study quality.
Furthermore, the Air Quality Sensor Market full research study is designed on account of the fact that each segment is individually assessed and then collated to form the whole market, the study can be tailor-made to fit your exact requirements.
The Structure of The Air Quality Sensor Market Report Can Be Categorized into the Following Sections:
Section 1: Scope of the Report & Research Methodology
Section 2: Key Takeaways
Section 3: Market variables & their impact on growth and analytical tools providing High-Level Insights into the Market Dynamics and Growth Pattern
Section 4: Market Estimates and Forecasts (with the base year as 2019, historic information of 2016 & 2018 and forecast from 2020 to 2027). Regional and Country Level Estimates and Forecasts for each category are summed up to form the Global Market.
Section 5: Competitive Landscape. Attributes such as Strategy Framework, Competitor Categorization are included to provide elaborate details on the Market Structure & Strategic Undertakings as well as their impact.
The Prominent/Emerging Players In The Air Quality Sensor Market Research Include:
- Energy monitors.r.o
- Met One Instruments Inc.
- Renesas Electronics Corporation
- Sensirion AG
- Zhengzhou Winsen Electronics Technology Co., Ltd
- Aeroqual Ltd
- Siemens AG
- Honeywell International Inc.
- Schneider Electric
The Air Quality Sensor Market Company Profiles are individually represented for all major participants and indices such as Financial Performance, Strategic Initiatives, Product Portfolio & Company Overview.
Provision Environment Standards for Environment Safety
Implementation of various environmental standards to minimize the emission of harmful gases in the environment is another major driver for increased adoption of air quality sensing technology. For instance, the Clean Air Act demands EPA establish National Ambient Air Quality Standards for the pollutants endangering the lives of people and affecting the environment. The Act has established primary and secondary national air quality standards. The primary standard has set the limit to protect the health of children, the elderly population, and asthmatics people. Whereas, the secondary standards set the limits to protect animals, agricultural yields, and buildings from air pollutants. In addition to standards, the EPA Office of Air Quality Planning and Standards (OAQPS) has formed a National Ambient Air Quality Standards for the six common pollutants also known as criteria pollutants — particle pollution, ground-level ozone, sulfur dioxide, carbon monoxide, lead, and nitrogen dioxide. Standards for the protection of the environment will help in encouraging the air quality sensor market.
Company overview provides information about the location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.
Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the subtitle “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.
Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in the market are covered under the strategic initiatives section.
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The Air Quality Sensor Market research study is designed to keep in focus all the major countries. Although all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries that are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.
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