Europe Air Quality Monitoring System Market Size & Outlook
Europe air quality monitoring system market, 2017-2030 (US$M)
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Europe air quality monitoring system market highlights
- The Europe air quality monitoring system market generated a revenue of USD 1,715.0 million in 2023.
- The market is expected to grow at a CAGR of 7.9% 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.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,715.0 million |
| Market revenue in 2030 | USD 2,925.4 million |
| Growth rate | 7.9% (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, Europe region accounted for 31.5% 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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Europe 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 65.81% in 2023. Horizon Databook has segmented the Europe 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 market growth can be attributed to rising government regulations aimed at controlling air pollution levels. Moreover, the growing public awareness about the health impacts of air pollution has created a need for more comprehensive monitoring solutions.
The rise in industrial activities and urbanization across European countries is also driving the demand for effective air quality control measures. Technological advancements in monitoring systems have made them more efficient and accessible, contributing to their high demand in the region.
For instance, in March 2024, Panasonic Holdings Corporation announced plans to introduce commercial air-to-water heat pumps utilizing natural refrigerants in Europe by September 2024. These eco-friendly products will cater to multi-dwelling units, stores, offices, and other light commercial properties.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe air quality monitoring system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe air quality monitoring system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe air quality monitoring system market size, by country, 2017-2030 (US$M)
Europe Air Quality Monitoring System Market Outlook Share, 2023 & 2030 (US$M)
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