Particulate Matter Monitoring Market - By Monitoring Type (Manual, Real-time, Remote), By Particle Size, By Application (Indoor Air Quality Monitoring, Outdoor Air Quality Monitoring), By End-use Industry & Forecast, 2023 – 2032
Report ID: GMI7112
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Published Date: October 2023
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Report Format: PDF
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Premium Report Details
Base Year: 2022
Companies covered: 16
Tables & Figures: 347
Countries covered: 20
Pages: 220
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Particulate Matter Monitoring Market Size
Particulate Matter Monitoring Market was valued at over USD 1 billion in 2022 and is anticipated to grow at a CAGR of over 12% between 2023 and 2032. The increasing government laws and standards for air quality monitoring are driving the particulate matter monitoring industry growth.
Stringent regulations require industries to monitor and reduce PM emissions to safeguard public health and the environment. The compliance with these standards necessitates the adoption of advanced PM monitoring systems. As governments worldwide have imposed stricter air quality requirements, industries are investing in reliable monitoring solutions to meet these standards. The growing demand for PM monitoring technology is propelling market expansion with companies developing innovative sensors & systems to aid in pollution control and ensure adherence to air quality regulations. For instance, in September 2022, The United Nations General Assembly declared that access to clean air and a healthy environment is a universal human right.
PM monitoring refers to the process of measuring and analyzing airborne particles or particulates suspended in the atmosphere. These particles can vary in size and composition and include dust, soot, and various pollutants. PM monitoring systems use specialized sensors and instruments to assess the concentration, composition, and distribution of these particles in the air.
The diverse environmental conditions across monitoring locations require specialized equipment, which makes the selection of devices complex. Ensuring precise calibration and consistent data accuracy demands expertise & resources. Maintaining continuous, reliable operations, especially in remote or harsh environments, necessitates frequent maintenance and quality control. The data management and interpretation can be complex, which demands skilled personnel. These challenges in installation, maintenance, and operations can pose hurdles for organizations seeking to establish and sustain effective PM monitoring systems, potentially limiting the growth & effectiveness of the particulate matter monitoring industry.
COVID-19 Impact
The COVID-19 pandemic had mixed impacts on the particulate matter monitoring market. The pandemic heightened the awareness about respiratory health, increasing the demand for air quality monitoring systems to track airborne particulate pollutants. This droves the sale of indoor air quality monitoring systems, especially for businesses and homes. However, on the industrial side, economic slowdowns and lockdowns temporarily reduced industrial emissions, reducing the demand for certain industrial-grade PM monitoring solutions. Overall, the pandemic accelerated the adoption of indoor air quality monitoring technology but caused fluctuations in the demand for industrial PM monitoring systems, influencing the market dynamics.
Particulate Matter Monitoring Market Trends
The growing awareness about the health impacts of air pollution is driving the demand for PM monitoring devices, especially in urban areas with high PM. Governments and organizations worldwide are investing in air quality monitoring to reduce these risks. The innovations in sensor technology have led to more compact, accurate, and cost-effective PM monitoring devices. They have enabled the broader deployment of PM monitoring systems.
The development of wearable PM monitors empowers individuals to actively monitor their personal exposure to PM. These devices are integrated into watches or small wearable units and offer a new level of awareness. They allow people to make informed decisions about outdoor activities and personal health, especially in urban environments with varying air quality conditions. This trend aligns with the broader interest of people in health and well-being. The growing environmental and health consciousness among the public is fueling the adoption of PM monitoring devices and influencing their purchasing decisions.
Particulate Matter Monitoring Market Analysis
Based on particle size, the market is segmented into PM 1 (1 micrometer or less) Dia, PM 2.5 (2.5 micrometer or less) Dia, PM 5 (5 micrometer or less) Dia, and PM 10 (10 micrometer or less) Dia. The PM 10 Dia segment dominated the market in 2022 with a market share of over 30%.
Based on monitoring type, the market is divided into manual monitoring, real-time monitoring, and remote monitoring. The remote monitoring segment is anticipated to register a CAGR of over 13.5% through 2032.
North America dominated the global particulate matter monitoring market with a market share of over 30% in 2022. North American regions, especially the U.S. and Canada, have stringent environmental regulations aimed at controlling air pollution. These regulations require industries, municipalities, and other entities to monitor and control PM emissions. As regulations become stricter, there is a growing need for more advanced and accurate PM monitoring systems and equipment. The concerns regarding air quality and its impacts on public health are increasing in North America. PM, which includes fine particles and pollutants, is known to be harmful to respiratory health. As a result, there is a greater emphasis on monitoring and reporting of air quality to protect the well-being of the population.
Particulate Matter Monitoring Market Share
The players operating in the market focus on implementing different growth strategies to strengthen their offerings and expand market reach. These strategies involve new product development & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. The players also heavily invest in R&D to introduce innovative and technologically advanced solutions in the market. The major market players are mentioned below:
Particulate Matter Monitoring Industry News
The particulate matter monitoring market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD million) from 2018 to 2032 for the following segments:
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Market, By Monitoring Type
Market, By Particle Size
Market, By Application
Market, By End-use Industry
The above information is provided for the following regions and countries: