Global Air Quality Monitor Market 2016-2020
About Air Quality Monitor
Locomotives, highway vehicles, and aircraft release pollution in the form of gases and particulate matters, which affects the air quality. CO emissions can harm the oxygen availability, NO₂ can affect lung functioning and immune system, SO₂ and NOx can lead to acid rain, which will damage crops and vegetation. Pollutants smog is formed with the mixture of CO, O₃, hydrocarbons, NO, SO₂, water, and other chemical. The emissions from vehicles exhaust can cause respiratory problems, skin irritations, eyes inflammations, blood clotting, and various types of allergies. Apart from outdoor pollution, indoor pollution also harms the environment which requires air quality monitor.
Technavio’s analysts forecast the global air quality monitor market to grow at a CAGR of 7.57% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global air quality monitor market for 2016-2020. To calculate the market size, the report considers the demand for an air quality monitor worldwide.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Air Quality Monitor Market 2016-2020
Technavio recognizes the following companies as the key players in the global air quality monitor market: Aeroqual, HORIBA, Teledyne Technologies, Thermo Fisher Scientific, and TSI.
Other Prominent Vendors in the market are: 3M, Honeywell, Siemens, Testo (India), Tisch Environmental, Vaisala, Ecotech, Cerex Monitoring Solutions, Emerson Electric, Servomex, and Merck.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing HVAC market. Heating, ventilation, and air conditioning (HVAC) is a technology that provides environmental comfort either inside a building, home, or a vehicle. It provides thermal comfort and acceptable indoor air quality. The use of high-performance HVAC equipment can result in considerable energy savings, reduced emissions, and cost savings up to 10%-40%. The building can also provide for extended comfort zones which can further save up to 40% to 70% of the cost.”
According to the report, one of the major drivers for this market is increasing air pollution. The public is becoming aware of the health risks and economic costs of air pollution. Poor air quality is linked to millions of deaths each year, and 96% of people in the major cities are exposed to pollution that are above the actual standards. As the awareness about air pollution has increased, many vendors have jumped at the opportunity to produce products that will help people to track their exposure to pollution every day.
Further, the report states that one of the major factors hindering the growth of this market is lack of awareness about indoor pollution. Indoor air quality is the nature of air that affects the health of individuals, occupying a space. In developed countries, people spend up to 90% of their time indoors but are unaware of the combination of pollutants that they breathe. In less developed countries, the situation is more critical where about three billion people use solid fuels for energy needs. These fuels, when burnt in open air, leads to high levels of pollution.
Aeroqual, HORIBA, Teledyne Technologies, Thermo Fisher Scientific, TSI, 3M, Honeywell, Siemens, Testo (India), Tisch Environmental, Vaisala, Ecotech, Cerex Monitoring Solutions, Emerson Electric, Servomex, Merck.