Asia Pacific Air Quality Monitoring System Market Size & Outlook
Asia Pacific air quality monitoring system market, 2017-2030 (US$M)
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Asia Pacific air quality monitoring system market highlights
- The Asia Pacific air quality monitoring system market generated a revenue of USD 1,369.2 million in 2023.
- The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, outdoor air quality monitoring systems was the largest revenue generating product type in 2023.
- Indoor Air Quality Monitoring Systems is the most lucrative product type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,369.2 million |
| Market revenue in 2030 | USD 2,459.3 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Outdoor air quality monitoring systems |
| Fastest growing segment | Indoor Air Quality Monitoring Systems |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Indoor Air Quality Monitoring Systems, Outdoor Air Quality Monitoring Systems |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.1% of the global air quality monitoring system market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,459.3 million by 2030.
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Air Quality Monitoring System Market Scope
Air Quality Monitoring System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific air quality monitoring system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to air quality monitoring system market will help companies and investors design strategic landscapes.
Outdoor air quality monitoring systems was the largest segment with a revenue share of 65.68% in 2023. Horizon Databook has segmented the Asia Pacific air quality monitoring system market based on indoor air quality monitoring systems, outdoor air quality monitoring systems covering the revenue growth of each sub-segment from 2017 to 2030.
This growth is attributed to the rising incidence of respiratory and cardiovascular diseases due to air pollution in numerous cities across the region. In 2022, 24 out of 30 cities with the worst Air Quality Index (AQI) worldwide were from Asia Pacific.
In addition, supportive government policies are expected to drive market growth in the region. For instance, the Government of India requires manufacturing companies to provide real-time air quality data to the Central Pollution Control Board (CPCB).
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Target buyers of Asia Pacific air quality monitoring system market databook
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Our clientele includes a mix of air quality monitoring system market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific air quality monitoring system market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific air quality monitoring system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific air quality monitoring system market size, by country, 2017-2030 (US$M)
Asia Pacific Air Quality Monitoring System Market Outlook Share, 2023 & 2030 (US$M)
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