The global pollution monitoring equipment market is poised to register a 7.3% CAGR, capturing a revenue share of US$ 7,665 million in 2022, to reach US$ 15,445 million by 2032.
Growing awareness of air pollution and its adverse effects on human health has contributed to the growth of the pollution monitoring equipment market share. Following this, there is an increasing demand for pollution monitoring equipment for clean energy and a stringent set of regulations across the globe.
Pollution monitoring equipment is designed with sensors and software, which helps to monitor water, soil, and noise pollution. Air pollution monitoring equipment is majorly used to monitor the quality of the air in various indoor and outdoor environments. Due to rising oil & gas sector demand, the gas analyzers and detectors segment is expected to grow at the highest CAGR during the forecast period.
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Water pollution monitoring equipment is widely used in the municipal and industrial sectors. Soil monitoring equipment is predominately used in agriculture and municipal solid waste treatment. Noise pollution control is widely used by the municipal and industrial sectors. The demand for pollution monitoring equipment is anticipated to rise as it can provide intelligent data and enable real-time analysis, which helps to make critical decisions on environmental protection measures.
What are the Key Pollution Monitoring Equipment Market Dynamics?
The demand for pollution monitoring equipment is primarily driven by the rising level of pollution in numerous major cities across the globe. Different government agencies have developed and enforced stringent environmental regulations, resulting
Also, rising health concerns related to air pollution, growing awareness of green building technologies, and increasing focus on utilizing emissions real-time data & analytics solutions to improve efficiency are further expected to fuel the sales of pollution monitoring equipment in higher requirements for monitoring and assessing air quality.
Pollution monitoring equipment has seen a rise in outdoor applications during the last decade. As a result, the demand for outdoor pollution monitoring equipment is expected to grow rapidly during the forecast period.
It has become imperative for various end-use industries to measure and monitor air quality in a variety of facilities as a result of stringent workplace safety and environmental compliance policies.
Therefore, industries such as pharmaceuticals, chemicals, heavy industries, and food and beverages have increased the demand for pollution monitoring equipment.
What are the Restraints for Pollution Monitoring Equipment Market Dynamics?
The penetration of cleaner sources of energy like renewables and nuclear energy is expected to hinder the pollution monitoring equipment market growth. This is a primary factor in decreasing the sales of pollution monitoring equipment.
High deployment costs to integrate with the existing system and lack of awareness regarding the potential benefits of pollution monitoring systems are the factors identified as restraints likely to deter the progression of the global pollution monitoring equipment market.
What are the Opportunities of Pollution Monitoring Equipment Market Dynamics?
Technological advancements in the pollution monitoring equipment market present enormous opportunities for the development of devices and their applications. Currently, IoT-based equipment, which operates more interactively and uses cutting-edge technologies to deliver data, is the rage. These systems are called next-generation pollution monitoring systems and are becoming a focus of research for many research and development professionals in this area.
Regional Analysis:
How is the North America Pollution Monitoring Equipment Market Evolving?
Due to stringent government regulations on pollution control and continuous government initiatives to reduce pollution levels, the demand for pollution monitoring equipment has increased in the North American region. North America is anticipated to control a pollution monitoring equipment market share of 31.1% in 2022.
In the last decade, the US government has successfully reduced the average PM 2.5 concentration to 8.02 micrograms per cubic meter, a 41% reduction. To achieve the targets, regulations for air quality standards were implemented in various sectors. This ultimately led to the widespread deployment of pollution monitoring equipment at the grassroots.
What is the Growth Outlook for the Europe Pollution Monitoring Equipment Market?
Europe’s pollution monitoring equipment is predicted to experience significant growth and hold a market share of 24.3% in 2022 owing to growing environmental concerns coupled with stringent regulations about emission control, which are aimed at reducing pollution levels in the atmosphere.
As an illustration in 2021, the European Parliament assessed its “EU policy on air quality”. The policy’s broad objectives include monitoring and assessing air quality and establishing standards for air quality. A network of air quality measuring stations was ordered to be established by the member states in various zones or agglomerations. An assessment was conducted to ensure compliance by cities/towns.
Start-Up Ecosystem:
How is the Start-up Ecosystem in the Pollution Monitoring Equipment Market?
The start-up ecosystem in the pollution monitoring equipment market is clouded with multiple new entrants trying to make a breakthrough as many industries and many local colonies or areas in the region have been installed with air quality monitoring systems in recent years.
- In 2022, Hawadawa, a company that manufactures air quality monitoring equipment, will form a strategic partnership with Thies Clima to provide a one-stop solution to determine air quality and weather conditions for better insight into air quality status and deliver the most insightful data to IT tools such as dashboards.
- Mecklenburg County Air Quality Monitoring (MCAQ) (U.S.) installed various air quality monitoring systems under its 2021-2022 Annual Monitoring Network Plan. With the MCAQ Plan, an additional near-road NO2 measuring station will be added to the MCAQ monitoring network before July 2022.
How is the Competition Landscape in the Pollution Monitoring Equipment Market?
The pollution monitoring equipment market is consolidated with the presence of a few strong players from around the globe.
Some of the prominent players in the global pollution monitoring equipment market include Robert Bosch Engineering and Business Solutions Private Limited, Aeroqual, TSI, Air Monitors, Environment SA, Enviro Technology Services, Sonitus Systems., Pulsar Instruments Plc., and Gradko International Ltd.
Emerging trends in the pollution monitoring equipment market are brought about as a result of the major players’ adoption of several growth strategies, including product launches, acquisitions, and collaborations.
Recent Developments in the Pollution Monitoring Equipment Market:
- In February 2021, the Madhya Pradesh Pollution Control Board (MPPCB) launched a tender to erect air quality monitoring stations in a number of cities in Madhya Pradesh, India. The qualified bidders will supply, install, and commission pollution monitoring systems at 9 Ambient Air Quality Monitoring Stations. In addition, they are responsible for the systems for transmitting online data to CPCB and MPPCB servers.
- In November 2021, the Vietnamese government announced a revised plan for the country’s air quality management. The National Plan for Air Quality Management (2021-2025) includes emission controls from sources like industries, transport, agriculture, and construction activities, by installing continuous automatic emissions monitoring equipment.
Key Players:
- Robert Bosch Engineering and Business Solutions Private Limited
- Aeroqual, TSI, Air Monitors
- Environment SA
- Enviro Technology Services
- Sonitus Systems
- Pulsar Instruments Plc.
- Gradko International Ltd.
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Key Segments in the Pollution Monitoring Equipment Market
By Product Type:
- Indoor Monitor
- Outdoor Monitor
By Pollutant Type:
- Chemical Pollutants
- Physical Pollutants
- Biological Pollutants
By Sampling Method:
- Manual
- Continuous
- Intermittent
By End User:
- Petrochemicals
- Residential
- Commercial
- Power Generation
- Other End Users
By Region:
- North America
- Latin America
- Asia Pacific
- Europe
- Middle East and Africa(MEA)
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