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Air Quality Monitoring Systems Market Expected to Reach $10.54 Billion by 2029 at a 10.4% CAGR

21 Jan, 2025

What Was the Growth Analysis of the Air Quality Monitoring System Market Size Over the Years?

The Air Quality Monitoring System Market size has shown remarkable growth over the years.
• In 2024, the market size was $6.54 billion which grew to $7.09 billion in 2025, displaying a solid compound annual growth rate (CAGR) of 8.4%.
This growth was influenced by the rising concern about air pollution and environmental health, stringent government regulations, increased awareness of indoor air quality (IAQ) issues, growth in the incidence of respiratory disorders and allergies, and rapid urbanization.

What is the Forecasted Market Size and Growth Rate of the Air Quality Monitoring System Market?

The air quality monitoring system market is predicted to witness rapid growth in the near future.
• The market size is expected to grow to $10.54 billion in 2029 at a CAGR of 10.4%.
This growth can be credited to factors like public awareness, demand for real-time air quality data, integration with IoT and smart building systems, increasing health concerns in commercial spaces, government initiatives for air quality improvement, and market expansion in developing economies.

What Is Driving the Growth of the Air Quality Monitoring System Market?

The growth of the air quality monitoring system market is significantly propelled by the increasing levels of air pollution worldwide. Air pollution, characterized by the introduction of pollutants such as carbon dioxide, methane gases, and a variety of chemically-infused gases into the atmosphere, catalyzes the need for air quality monitoring systems that measure pollutant levels. For instance, the World Health Organization reported approximately 7 million deaths annually due to air pollution. Additionally, the American Lung Association's 2021 report indicated that about 135 million Americans, or four out of ten, live in counties with harmful levels of air pollution.

What Are the Key Segments of the Air Quality Monitoring System Market?

The air quality monitoring system market report covers the following segments:
1) By Product Type: Indoor, Outdoor
2) By Component: Hardware, Software
3) By Pollutant: Chemical, Physical
4) By End User: Industrial, Commercial, Residential

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Which Trends Are Shaping the Air Quality Monitoring System Market?

Technological advancements are playing a critical role in shaping the air quality monitoring system market. Major companies are striving to develop technological solutions. For example, in August 2024, Renesas Electronics Corporation introduced the RRH62000, a multi-sensor air quality module that accurately detects various particle sizes, volatile organic compounds, and harmful gases.

Who Are The Main Players Driving the Air Quality Monitoring System Market?

Major players driving the air quality monitoring system market include:
• Thermo Fisher Scientific Inc.
• Emerson Electric Co.
• General Electric Company
• Siemens Aktiengesellschaft
• Teledyne Technologies Incorporated
• PerkinElmer Inc.
• Agilent Technologies Inc.
• TE Connectivity Ltd.
• 3M Company
• Honeywell International Inc.

Which Region Dominates the Air Quality Monitoring System Market?

North America stood as the largest region in the air quality monitoring system market in 2024. The other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East and Africa.