The very air we breathe in is of a vital essence for all human beings on the earth. With the advent of time, the quality of air in the environment has deteriorated owing to several polluting factors. The global pollution levels are reaching mammoth levels and raising serious concerns over the quality of air we breathe in. A significant rise in the number of chemical, oil & gas, power, pharmaceuticals, and automotive industries have propelled the need to keep close tabs on the pollution levels. The air quality monitoring market is expanding rapidly to meet these demands.
The rapid rate of industrialization has contributed to the rise in pollution levels. Many governments and regulatory bodies are making the deployment of air quality monitors a mandate in various commercial and industrial complexes. Moreover, the enhanced awareness among people about the hazards of indoor air pollution has augmented the demand for domestic air quality monitors. The entire air quality monitors market is expected to earn $6,889 million by 2022. According to expert analysts at Allied Market Research, the industry will exhibit a growth of 9.2% during the period 2016–2022. This points towards a dynamic market landscape in the immediate future.
Tech partnerships: Fueling market dynamics
Close monitoring of the air and its levels of pollutants, dust, and toxicity has become essential for governments of major cities. This is mainly due to concerns by world environmental regulatory bodies who are stressing on the significance of clear quality air. The need for systems that monitor the levels of different pollutants in the air and relay these data to surveying systems has pushed the demand for efficient and precise air monitoring systems. Many manufacturers in the market are adopting different strategies to stay ahead of their game. By incorporating the latest technology and software in the monitor systems, their product offerings are providing a dynamic competitive landscape. The use of software applications triggered by the smartphone and devices trend has also gained popularity.
The market is for air quality monitoring systems faces significant growth due to the innovative partnerships between competitors and regulatory mandates by the government.
For instance, a tech company called Drayson Technologies recently partnered up with a public transit application named Moovit for enabling the monitoring of air pollution levels by the people. The app is named The Cleanspace Tag, collects data about hyper-local air pollution while the users travel withing cities. The Moovit customer is various cities, such as London, San Francisco, Los Angeles, and Mexico City can view air pollution levels in their cities by linking to air pollution maps made by CleanSpace.
The tech company collaborated with the Environmental Research Group based at King’s College, London (KCL) and the National Physical Laboratory for testing the resolution and performance accuracy of CleanSpace Tag. The most hazardous pollutant, carbon monoxide is the overall indicator of air pollution for the app’s smart sensors. This is mainly because the element of CO is relevant to indoor as well as outdoor air pollution. What is even more innovative is that the MOOvit community members equipped with these tags can crowd-source the air pollution data, thereby building an entire map of air pollution.
“Air pollution is a global health issue, but by providing environmental data from CleanSpace, we will help our riders across the world make smarter travel decisions when it comes to their personal air pollution exposure,”said Yovav Meydad, Moovit’s vice-president of Products & Marketing. Such dynamics by similar competitors eventually lead to a surge in demand for innovative systems in the air quality monitoring market.
Proactive government protocols propel market demand
The issues related to environmental pollution and concerns over the general public health has made governments conscious about the quality of air in their countries. In many developed and developing economies the regulatory mandates require the setting up of special sensors and monitors for examining the quality of air in each part of the city. This will allow them to enforce better laws and initiatives for maintaining the ecological sustainability of their nations. Awareness programs and sincere efforts by the federal system has pushed the demand for air quality monitors in the local and global markets. The relaying of data and taking proactive measures to combat the same are the focus of many regulatory bodies.
The environment within the global scenario experiences rapid changes owing to industrialization and urbanization. Developing as well as developing nations are adopting initiatives to regulate the toxicity of air contaminants after constant monitoring of pollution levels. Once available at a high cost, these devices are now widely produced since the number of market entrants has increased. Competitors are bringing the best monitoring and air particle sensor technologies to develop superior quality products in the market, and cater to an ever-growing customer-base. All these factors point towards a tremendous growth for indoor and outdoor air quality monitoring market, in the immediate future.