Scienza e Tecnologia
Particulate Matter Monitoring Market Growth to Reach $2.2 Billion
The Particulate Matter Monitoring Market is poised for substantial growth, projected to increase from USD 1.3 billion in 2022 to USD 2.2 billion by 2027, registering a CAGR of 10.8% during the forecast period. This growth is driven by increasing environmental regulations and public awareness regarding air quality and health.
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The rise in industrial activities, urbanization, and vehicular emissions has heightened the need for effective air quality monitoring systems. Technological advancements in monitoring equipment, such as improved sensor accuracy and data analytics capabilities, are further propelling market demand. As governments and organizations worldwide intensify efforts to combat air pollution, the particulate matter monitoring market is set to experience significant expansion, ensuring better air quality and public health protection.
The particulate matter sensor plays a crucial role in detecting leakage in diesel particulate filters within the automotive and transportation sectors. These sensors are essential for monitoring non-volatile particulate matter mass concentration in aircraft engines, ensuring compliance with stringent environmental standards. Technological advancements in these sectors are driving the growth of the Particulate Matter Monitoring Market. Innovations in sensor technology, enhanced accuracy, and integration with advanced analytics are improving the efficiency of particulate matter detection. As the automotive and transportation industries continue to evolve, the demand for reliable and effective particulate matter monitoring solutions is expected to rise, supporting market expansion during the review period.
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The market for indoor monitoring is expected to grow at a highest CAGR during the forecast period
The indoor monitoring market is anticipated to grow at the highest CAGR during the forecast period, driven by the increasing necessity to assess contaminants in indoor air that can impact occupant productivity and well-being. Indoor air quality monitoring is critical for residential, commercial, and industrial settings, including cleanrooms in the semiconductor, food & beverage, aerospace, and healthcare industries, as well as hospitals, schools, and offices. The US Environmental Protection Agency (EPA) notes that indoor air contaminant levels can be up to 100 times higher than outdoor levels, posing significant health risks to individuals in polluted environments. In commercial buildings, indoor air quality systems are essential for tracking pollutant levels on shop floors and in office spaces, ensuring a healthier and more productive environment for all occupants.
The market for opacity technology is expected to grow at a significant CAGR during the forecast period
The market for opacity technology is projected to grow at a significant CAGR during the forecast period, driven by its essential role in managing higher dust loadings generated by unabated combustion processes in industries such as power, cement, and steel. Traditional opacity technology-based instruments measure the intensity of received light to assess particulate levels, but dynamic opacity technology offers a significant advancement. Dynamic opacity technology measures the ratio of signal scintillation to absolute light intensity, providing more accurate readings that are not affected by lens contamination. This ratiometric measurement capability gives dynamic opacity technology a considerable edge over traditional methods, ensuring more reliable monitoring and compliance with environmental standards in heavy industrial applications.
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North America accounted for the largest share of the Particulate Matter Monitoring Market in 2021
North America accounted for the largest share of the Particulate Matter Monitoring Market in 2021. Ensuring human health and a healthy ecosystem is a fundamental priority for countries in this region, leading to increased efforts to install particulate matter monitors. Key industries such as oil & gas, mining, petroleum, and automotive are experiencing robust growth, driving the demand for particulate matter monitoring. Additionally, the Environmental Protection Agency (EPA), along with state, tribal, and local agencies, is actively collecting data from particulate matter monitors to ensure air quality levels are maintained to protect public health and the environment. This comprehensive approach underscores the region's commitment to mitigating pollution and safeguarding its residents.
The major players include Thermo Fisher Scientific, Inc. (US), AMETEK (US), Spectris plc (UK), ACOEM Group (France), and Siemens (Germany).
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