Canada Air Quality Monitoring System Market Size & Outlook
Canada air quality monitoring system market, 2017-2030 (US$M)
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Canada air quality monitoring system market highlights
- The Canada air quality monitoring system market generated a revenue of USD 550.7 million in 2023 and is expected to reach USD 823.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.9% 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.
Air quality monitoring system market data book summary
| Market revenue in 2023 | USD 550.7 million |
| Market revenue in 2030 | USD 823.2 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Outdoor air quality monitoring systems |
| Fastest growing segment | Indoor Air Quality Monitoring Systems |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 10.1% of the global air quality monitoring system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. air quality monitoring system market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 823.2 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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Canada 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 65.86% in 2023. Horizon Databook has segmented the Canada 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.
The government's initiatives focusing on environmental protection and an emphasis on sustainable development are the key factors driving market growth. Furthermore, the rising demand for air quality monitoring in industrial and residential sectors due to health concerns is supporting market growth in Canada.
The Canadian government is actively investing in numerous initiatives, including the Active Transportation Fund and Zero Emission Transit Fund, to protect individuals against the adverse effects of air pollution.
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Target buyers of Canada 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada air quality monitoring system market , including forecasts for subscribers. This country databook contains high-level insights into Canada air quality monitoring system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada air quality monitoring system market size, by product type, 2017-2030 (US$M)
Canada Air Quality Monitoring System Market Outlook Share, 2023 & 2030 (US$M)
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