North America Air Quality Monitoring Market By Product (Indoor, Outdoor), Particulate Type (Coarse Particulates, Fine Particles), Pollutant (Class, Type), Monitoring (Ambient, Mobile, On-Road, Satellite, Emissions), Sampling Method (Manual, Continuous, Passive, Intermittent), End User (Government Agencies & Academic Institutes, Commercial & Residential Sectors, Petrochemical Industry, Power Generation Plants, Pharmaceutical Industry), Geographical Outlook, Industry Trends and Growth Forecast to 2024

North America Air Quality Monitoring Market Overview

The North American air quality monitoring market is estimated to generate $1,590.7 million revenue in 2018 and is predicted to progress at a CAGR of 8.8% during 2019–2024. Stringent regulatory framework for reducing air pollution levels, rising awareness regarding harmful effects of air pollution, and surge in air pollution levels in the region are the prime factors driving the market growth.

Based on product, the North American air quality monitoring market is bifurcated into indoor and outdoor, with indoor monitoring products holding larger share in the industry. This is mainly due to a number of pollutants generated in several indoor facilities, such as asbestos, bacteria and viruses, carbon monoxide, dust mites and dust, lead, formaldehyde, mold and dampness, and secondhand smoke. Moreover, the outdoor air quality monitoring market is subcategorized into portable, fixed, dust and particulate, and AQM stations. The market for fixed monitoring equipment is expected to witness the fastest growth in North America.

Based on particulate type, the North American air quality monitoring market is bifurcated into coarse particulates and fine particles, with coarse particulate monitoring equipment holding larger share in the market. Furthermore, the AQM industry for fine particulates is subcategorized into combustion particles, secondarily formed aerosols, and other particulates. The demand for monitoring equipment used for the removal for combustion particles is expected to progress at the fastest CAGR during the forecast period.

The North American air quality monitoring market is classified on the basis of pollutant into type and class. Further, based on type, the AQM pollutant industry in North America is primarily sub-classified into lead, sulphur dioxide (SO2), nitrogen dioxide (NO2), particulate matter 2.5 (PM2.5), carbon monoxide (CO), ozone, arsenic, nickel, PM10, ammonia (NH3). Among these, lead is expected to be the leading pollution causing agent in the region, in the coming years. The market for monitoring equipment used for monitoring of lead is expected to progress at a CAGR of 9.6% during the forecast period.

On the basis of monitoring, the North American air quality monitoring market is classified into ambient, on-road, emissions, mobile, and satellite. The market for mobile monitoring equipment is expected to witness the fastest growth in the region, characterized by a CAGR of 9.4% during the forecast period.

In terms of sampling method, the North American air quality monitoring market is categorized into continuous, manual, passive, and intermittent. The market for monitoring products in intermittent sampling method is expected to witness considerable growth in the coming years.

In terms of end user, the North American air quality monitoring market is majorly differentiated into government agencies and academic institutes, commercial and residential sectors, petrochemical industry, power generation plants, and pharmaceutical industry. During the historical period, government agencies and academic institutes as an end-user category held the largest share in the market.

In the North American air quality monitoring market, the U.S. held larger share in 2017. This is attributable to increasing smoking and pollution levels in the country. Owing to the increasing pollution levels, residents of the country have developed serious respiratory problems over decades. According to the American Thoracic Society (ATS), asthma costs the U.S. economy more than $80 billion annually in medical expenses, missed work and school days, and deaths. Thus, factors like rise in the number of respiratory diseases cases, coupled with increase in air pollution are expected to drive the demand for monitoring products in the country.

North America Air Quality Monitoring Market Dynamics

Growth Drivers and Restraints

The industrial revolution has not only paved a way for improved technology, but has also led to problems associated with air pollution. People living in high-polluted areas are more likely to be affected from cancerous disease compared to people living in an area with controlled quality environment. The World Health Organization (WHO) arranged a global platform on air quality and health with key industrial experts, including academia and government, to improve methods of global, regional, and national AQM and the level of air pollution exposures, ensuring open-access to air quality data across the globe.

Governments in the region are involved in various initiatives to promote awareness about adverse effects of air pollution. For instance, the United Nations Environment Programme (UNEP), North America’s office is seeking to promote 2030 Sustainable Development Agenda, to protect and restore the quality of natural environment in the region.

Moreover, rapidly growing urban population is leading to the deterioration of quality of environmental conditions; and increase in the level of air pollution, through the use of natural resources and producing huge amount of waste. Industrialization and urbanization in mega cities have led to an increase in vehicular traffic, resulting in high atmospheric pollution. According to the Government of Canada, pollution is mostly caused by forest fires, volcano eruptions, and emissions of volatile organic compounds (VOCs) from vegetations. This is also a prime factor for increasing the sales of equipment used for monitoring the air quality in the region.

However, escalating costs of monitoring products and challenges associated with the operation of AQM devices pose a major threat to the North American air quality monitoring market, and may restrict their overall market growth in the coming years.

North America Air Quality Monitoring Market Competitive Landscape

Key players in the North American air quality monitoring market are investing in acquisitions to gain larger share in the market. For instance, in December 2017, Thermo Fisher Scientific Inc. completed the acquisition of certain assets of EPTEK Technology Co. Ltd. and several of its related entities with offices in Taiwan and mainland China. The assets acquired include VOC continuous emission monitoring systems (CEMS), used to measure and analyze air quality across a range of industrial applications.

Some of the other key manufacturers in the North American air quality monitoring market are Merck KGaA, TSI Incorporated, 3M Company, Teledyne Technologies Incorporated, Siemens AG, ECOTECH GROUP, Emerson Electric Co., HORIBA Ltd., Honeywell International Inc., and Primex Wireless Inc.