Asia-Pacific Air Quality Monitoring (AQM) System Market – Analysis and Forecast (2019-2024)

1. Asia-Pacific Air Quality Monitoring (AQM) System Market

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3. Asia-Pacific Air Quality Monitoring (AQM) System Market The Asia-Pacific air quality monitoring (AQM) system market size is anticipated to reach USD 1,529.6 million by 2024, growing at a CAGR of 7.3% during the forecast period. The Asia-Pacific market is driven by the high level of air pollution in the region and increasing initiatives taken by the local governments in the region. Different types of products contributed to the air quality monitoring system market size. The market has witnessed higher growth in demand for outdoor AQM monitors due to the increasing government initiatives and favorable regulations in the region.

4. Asia-Pacific Air Quality Monitoring (AQM) System Market Moreover, to counter this, different governments are framing regulations and taking initiatives to monitor and regulate air pollution in the region. The high product cost, slow implementation of air pollution control reforms and technical limitations are the major factor hindering the growth of air quality monitoring system market. Geographically, Japan is the largest market for the AQM system in Asia-Pacific; however, with the proactive initiatives taken by the Chinese government will make country the largest market by the end of the year 2022. Moreover, India is anticipated to account for the fastest growth in demand for the AQM system in the region.

5. Asia-Pacific Air Quality Monitoring (AQM) System Market Teledyne Technologies Incorporated, 3M Company, Thermo Fisher Scientific Inc., Emerson Electric Co., Siemens AG, ECOTECH GROUP, Merck KgaA, General Electric Company, Horiba Limited, TSI Incorporated, Autotronic Enterprise Co. Ltd., and Aeroqual Limited are the key players offering air quality monitoring system.

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