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The North American air quality monitoring market is classified on the basis of pollutant into type and class. Further, on the basis of class, the industry is sub-classified into chemical, physical, and biological pollutants. The market for monitoring products to reduce chemical pollutants is expected to witness the fastest growth, exhibiting a CAGR of 9.5%, during the forecast period. This growth is attributable to the increasing adoption of monitoring products by governments in the region, for the detection of harmful gases present in the atmosphere.
In terms of monitoring, the North American air quality monitoring market is categorized into ambient, on-road, emissions, mobile, and satellite monitoring equipment. Ambient AQM equipment are estimated to generate the largest sales in 2018, with more than $500 million revenue. This is due to the rising adoption of various regulatory standards in the region, to maintain the air quality levels.
In the North American AQM industry, the U.S. market is expected to observe faster growth during the forecast period, with 9.0% CAGR, owing to the increasing prevalence of respiratory diseases, technological advancements in monitoring products, and high prevalence of smoking in the country.
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Companies operating in the North American air quality monitoring market are launching a number of AQM products, in order to attain larger market share in the region. For instance, in October 2018, Honeywell International Inc. launched air pressure sensors, TruStability RSC Series and HSC Series, that can be used to measure airflow with high accuracy. Moreover, in May 2018, HORIBA Ltd. developed a Smart Emission Measurement System that aims to collect and analyze emission data, improving real driving emissions test procedures. The compact-sized system processes data from measurements taken during normal road use and from a statistically reliable amount of collecting vehicles. This combined data is then used to fulfil customer requirements like individual trip reports or field pollution reports.
Some of the other key players in the North American AQM industry are Thermo Fisher Scientific Inc., Merck KGaA, TSI Incorporated, 3M Company, Teledyne Technologies Incorporated, Siemens AG, ECOTECH GROUP, Emerson Electric Co., and Primex Wireless Inc.
Source: P&S Intelligence
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