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Type: PDF
Status: Syndicate
Categories: Semi Conductor & Electronics
Report Code : SE23
No. of Pages : 150
Air quality sensors are the devices utilized to detect and monitor the level of pollutants in indoor along with the outdoor environments. Air quality sensor are available in several types, as few are specialized in some aspects, and most of them emphasize on five components such as ozone, particulate matter, carbon monoxide, sulfur dioxide, and nitrous oxide. Key factor which is driving the growth of the air quality sensor market is growing airborne diseases and fatalities owing to them.
The global air quality sensors market in 2023 was approximately USD 4.3billion. The market is expected to grow at a CAGR of 7.8% and is anticipated to reach around USD 6.9billion by 2030.The growth in the market size is expected to be driven by the increasing demand from end user industries and advancement of innovative technologies.
Drastically, increasing urbanization, and economic and population growth is leading to an increase in industrial activities, vehicle use and energy consumption in cities across the world, resulting in pervasive urban air pollution. Rising environmental pollution has become a worldwide problem; the state, local governments at all levels are majorly focusing on environmental management in their jurisdictions and increases investment in environmental monitoring and emergency monitoring. However, the high cost of air quality sensor will hamper the market.
Historically, three variables have been used to define indoor air quality; temperature, humidity and CO2. The air quality sensors are consumer-grade, “internet of things”-enabled devices which often link with the smartphone or tablet.They are also known as intelligent indoor air quality monitors.Residential air quality sensors are defined as standalone, self-contained devices utilized for indoor applications that have sensors for the following types of air pollution.
Key players in the air quality sensors market are Sensirion AG, Zhengzhou Winsen Electronics Technology Co. Ltd., Honeywell International Inc., Schneider Electric SE, Energomonitor S.R.O., Aeroqual Limited, Alltech, Cyanotech, DIC Corporation, Seaweed Energy Solutions, Sapphire, Solazyme, PT. IndonusaAlgaemas Prima, PT. AgarindoBogatama, TAAU Australia.
Asia Pacific accounted for the most important share within the global market, in terms useful, in 2020, due to the rising health awareness. The wide acceptance and availability of air quality sensors, especially in countries like Korea, Japan, China, and India, alongside their growth potential, are the main drivers contributing to the penetration of the market within the Asia Pacific air quality sensors.
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