South Korea Air Quality Monitoring System Market Size & Outlook
South Korea air quality monitoring system market, 2017-2030 (US$M)
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South Korea air quality monitoring system market highlights
- The South Korea air quality monitoring system market generated a revenue of USD 170.6 million in 2023 and is expected to reach USD 328.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 9.8% 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 170.6 million |
| Market revenue in 2030 | USD 328.6 million |
| Growth rate | 9.8% (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, South Korea accounted for 3.1% 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 Asia Pacific, China air quality monitoring system market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 387.1 million by 2030.
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Air Quality Monitoring System Market Scope
Air Quality Monitoring System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 64.89% in 2023. Horizon Databook has segmented the South Korea 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.
South Korea's market growth is significantly influenced by the growing need among individuals for better environmental transparency and the government's commitment to improving air quality.
Policies such as the Clean Air Conservation Act have been instrumental in establishing a robust network of air quality monitoring stations, focusing on both urban and industrial regions to ensure regulatory compliance and public safety.
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Target buyers of South Korea 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea air quality monitoring system market , including forecasts for subscribers. This country databook contains high-level insights into South Korea air quality monitoring system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea air quality monitoring system market size, by product type, 2017-2030 (US$M)
South Korea Air Quality Monitoring System Market Outlook Share, 2023 & 2030 (US$M)
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