January 24, 2023 19:30 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.

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DUBAI, United Arab Emirates, Jan. 24, 2023 (GLOBE NEWSWIRE) -- The global air quality monitoring equipment market is expected to reach US$ 6.6 billion in 2023 and is predicted to record a CAGR of 7.3%. The market could reach a valuation of US$ 13.3 billion by 2033.

Air Pollution turns Detrimental to Public Health

Increasing air pollution levels has become a matter of public health concern. High levels of air pollution have led to a rise in pulmonary diseases, lung cancer, and cardiovascular ailments globally. This has called for a need to maintain precise air quality control measures. Hence, for the purpose of public welfare, it is mandated by the government to make meticulous air quality detection practices for factories and automobiles. Therefore, investments by automobiles and organizations in high-quality air quality monitoring equipment is increased to assure abidance by government safety regulations.  

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Smart Cities Carve out Lucrative Market Prospects

Estimated smart cities are becoming important for the significant countries of the world. Large amount was invested in the smart city projects of the nation like nearly US$ 0.50 billion was invested in June 2021 in the nation’s smart city projects. For smart city projects, high precision air quality monitoring systems play an important role and consequently cound impel innovations by the leading players enhancing the market growth. 

Market players need to introduce affordable product variations to monitor air quality, which are easy to maintain and use. Since air quality control is rapidly emerging as a necessity of the modern world, key players are enegaged in developing affordable product variations, that require less maintenance and are more efficient.

Key Takeaways from the Report:

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Air Quality Monitoring Equipment Outlook by Category

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4. Global Market Analysis 2017 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) Analysis, 2017 to 2022

    4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033

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