The global air quality sensor market is anticipated to grow at a significant CAGR of 9.7% during the forecast period. Air quality sensors are components of air purifiers that detect and monitor air pollution in a specific area whether it is an indoor or an outdoor environment. The major factors augmenting the growth of the market include the rise in pollution levels which has led to an increase in the number of air-borne diseases. The diseases include asthma, chronic obstructive pulmonary disease, lung cancer, and cardiovascular problems among others. This has eventually led to a rise in awareness of the adverse impact of hazardous gases. In addition to this, a rise in government regulations to limit air pollution and initiatives toward the development of environment-friendly industries are expected to fuel the growth of the air quality sensor market in the forecast period.
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However, certain factors are affecting the growth of the market. High prices, complexity in technologies and shorter lifespan of air quality sensors are some of the key factors that may restrain the growth of the air quality sensor market. The need of monitoring the air quality in enclosed spaces, such as offices, homes, classrooms, and other indoor areas has also made a significant impact on the growth and can act as an opportunity for the growth of the market in the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Air Quality Sensor Market Report Segment
By Product type
- Fixed Device
- Portable Device
By Location of Sensors
- Indoor
- Outdoor
By Application
- Residential
- Commercial
- Others
Global Air Quality Sensor Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global air quality sensor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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