The Particulate Matter Monitoring by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Particulate Matter Monitoring , The particulate matter monitoring market size has grown rapidly in recent years. It will grow from $1.4 billion in 2023 to $1.57 billion in 2024 at a compound annual growth rate (CAGR) of 12.5%. The growth in the historic period can be attributed to industrial emissions control, urbanization and population growth, public awareness and environmental concerns, government initiatives for air quality improvement, development of smart cities.
The particulate matter monitoring market size is expected to see rapid growth in the next few years. It will grow to $2.48 billion in 2028 at a compound annual growth rate (CAGR) of 12.1%. The growth in the forecast period can be attributed to global efforts to combat climate change, focus on environmental data integration, public health initiatives, focus on indoor air quality, global health crises preparedness, advancements in data analytics. Major trends in the forecast period include integration of sensor technologies, air quality monitoring networks, technological advancements in monitoring devices, collaborations and partnerships, use of satellite-based monitoring, real-time data visualization.
The growing oil and gas industry is expected to propel the growth of the particulate matter monitoring market going forward. The oil and gas industry is the sector that deals with a multi-stage process that includes discovering a resource, conveying it to a refinery, and processing it into a finished product. In the oil and gas sectors, a continuous emission monitoring system (CEMS) is required to determine a gas or particulate matter concentration or emission rate. For example, in March 2021, according to the International Energy Agency (IEA), a France-based autonomous international body, predicts that world oil consumption would rise every year through 2026, reaching 104 million barrels per day (mb/d). Additionally, British Petroleum, a UK-based oil and gas company, natural gas consumption worldwide increased by 5.3% in 2021, surpassing the 4 trillion cubic meters mark for the first time. Therefore the growth of the oil and gas industry is driving the growth of the particulate matter monitoring market.
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The particulate matter monitoring market covered in this report is segmented –
1) By Product Type: Indoor Monitoring, Outdoor Monitoring
2) By Particle Size: PM1, PM2.5, PM5, PM10
3) By Technology: Light Scattering, Beta-Attenuation, Gravimetric, Opacity, Other Technologies
4) By Application: Process Industries, Ambient Air Monitoring, Indoor Air Monitoring, Healthcare, Other Applications
Top Major Players:
- Aeroqual Ltd.
- Met One Instruments Inc.
- Rupprecht & Patashnick Co. Inc.
- Aerojet Rocketdyne, Pegasor Oy
- Ecotech Pty Ltd.
North America was the largest region in the particulate matter monitoring market in 2023.
Advancements in particulate matter monitoring are a key trend gaining popularity in the particulate matter monitoring market. Major companies operating in the market are moving toward the use of advanced solutions for the particulate matter monitoring market. For instance, in May 2022, TSI, a US-based company operating in particulate matter monitoring launched enhancements in respirable silica monitoring on its SidePak™ AM520 Personal Aerosol Monitor. The unique features of the product include an ability to store up to 10 custom calibration factors on the instrument, a dual display and data logging of mass concentration for respirable silica, and other Diesel Particulate Monitoring (DPM) applications with enhanced alarm features to set both the mass concentration and response concentration (i.e., action limit) alarm values.
The particulate matter monitoring market report table of contents includes:
1. Executive Summary
2. Particulate Matter Monitoring Market Characteristics
3. Particulate Matter Monitoring Market Trends And Strategies
4. Particulate Matter Monitoring Market – Macro Economic Scenario
5. Global Particulate Matter Monitoring Market Size and Growth
…….
26. Particulate Matter Monitoring Market Competitive Benchmarking
27. Global Particulate Matter Monitoring Market Competitive Dashboard
28. Key Mergers and Acquisitions Particulate Matter Monitoring Market
29. Particulate Matter Monitoring Market Future Outlook and Potential Analysis
30. Appendix
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