Air Quality Monitoring System Market Size Analysis and Top Companies
The global air quality monitoring system market size is estimated to hit around USD 11.20 billion by 2033 increasing from USD 5.41 billion in 2023, with a CAGR of 7.56%. The top companies in the air quality monitoring system market are 3M Company, Aeroqual, Agilent Technologies Inc, Airveda, Chemtrols, Emerson Electric Co, ENVEA, Envire Global, Honeywell Internation, HORIBA, Oizom, Renesas Electronics Corporation, SIEMENS AG, Teledyne Technology, Thermo Fisher Scientific, TSI Incorporated, and Others.
Market Report Coverage
| Report Attributes |
Details |
| Market Size by 2033 |
USD 11.20 Billion |
| Market Size in 2023 |
USD 5.41 Billion |
| Market Growth Rate from 2023 to 2033 |
CAGR of 7.56% |
| Largest Market |
North America |
| Base Year |
2023 |
| Forecast Period |
2023 to 2033 |
| Segments Covered |
Product Type, Pollutant, Component, End-Use, and Regions |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East, and Africa |
Air Quality Monitoring System Key Players
- 3M Company
- Aeroqual
- Agilent Technologies Inc
- Airveda
- Chemtrols
- Emerson Electric Co
- ENVEA
- Envire Global
- Honeywell Internation
- HORIBA
- Oizom
- Renesas Electronics Corporation
- SIEMENS AG
- Teledyne Technology
- Thermo Fisher Scientific
- TSI Incorporated
Latest Announcements by Industry Leaders
- In August 2024, Uwe Guenther, Sr. Director of the Modules and Solutions Product Line at Renesas said, “The RRH62000 module represents the next step in sensor fusion technology, which combines data from multiple sensors and turns it into comprehensive and actionable insights for environmental monitoring,” he further adds, “The company is dedicated to providing integrated sensing solutions that simplify development for customers and will continue to drive innovation in sustainable products that reduce environmental impact and enhance safety and comfort in our lives.”
- In May 2024, Srinath Venkatesh, Managing Director, India & South Asia, Thermo Fisher Scientific, talks about the significance of launching Support Clean Air Initiatives, stating, “Air pollution remains a major challenge in India, impacting the health and well-being of millions. By investing in localized capabilities, the company strives to strengthen the partnership with government and regulatory stakeholders for action-oriented measures towards a healthier, cleaner, and safer India.”
Recent Developments
- In November 2024, Thermo Fisher Scientific, an America-based life science and clinical research company, launched its ‘Make in India’ Class 1 analyser-based Continuous Ambient Air Quality Monitoring System (CAAQMS). This action encourages the growth of India in manufacturing in India and for the world.
- In August 2024, Renesas Electronics Corporation, A global leader in microcontrollers, analogue, power and SoC products launched RRH62000, an advanced all-in-one sensor module designed for indoor air quality monitoring. Multiple sensor parameters are tailored into a compact model which accurately detects different particle sizes, volatile organic compounds, and gasses harmful to human health.
- In October 2024, Treinetic, a Sri Lankan software company, partnered with the Central Environmental Authority (CEA) to create a new air quality monitoring system. This collaboration aims to address air pollution issues by providing real-time data and insights.
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