Air Quality Control Systems Market Size

Q: What is the key market trend for Air Quality Control Systems Market?

Advancements in AQM Technology Driving Market Growth: The current market research and development associated with improvements in AQM systems, such as nanotechnology-based systems and remote sensing instruments, are predicted to provide improved growth prospects for both established and up-and-coming competitors in this market. The commercialization and development of cutting-edge AQM products is therefore a constant focus of several research groups and industry entities. Examples of procedural advantages offered by AQM products based on nanotechnology efforts and advances include device shrinking, real-time monitoring capabilities, and improved analytical efficacy.

Air Quality Control Systems Market Insights

Air Quality Control Systems Market size was valued at USD 110.0 billion in 2023 and is poised to grow from USD 117.37 billion in 2024 to USD 197.18 billion by 2032, growing at a CAGR of 6.7% during the forecast period (2025-2032).

The growing concerns regarding environmental pollution and government actions to curb the same are driving the market. Stringent international and government regulations, such as, the Clean Air Act (CAA), and the Mercury and Air Toxics standard enforce the installation of systems that monitor and curb emissions to bring them to a safer level, in power generation companies using fossil fuels.

Monitoring of air quality serves as a method for providing data on the amount and location of pollutants. It serves as a tool for spreading knowledge about effective ways to enhance air quality for sustainable development. Indoor, outdoor, and portable monitoring systems can all be used to keep an eye on the air quality. Particulate matter, sulfur dioxide, nitrogen oxide, carbon monoxide, and other quantities are among the substances that these monitoring devices are intended to find. These devices help to determine the presence of pollutants like nitrous oxide, carbon monoxide, particulate matter, sulfur dioxide, and other harmful pollutants which can cause health problems.

The market is significantly impacted by strict emission laws. To reduce the amount of air pollution coming from industrial locations, local governments in each region created various restrictions. Thus, to manage and monitor the level of pollutants, oil and gas production facilities as well as power generation facilities are required to abide by these standards. Developing nations have also made efforts to track the quantity of air pollution. Government rules are therefore expected to increase demand for air quality monitors worldwide. Additionally, the degree of air pollution has increased due to the addition of pollutants including sulfur dioxide, carbon monoxide, carbon dioxide, and particulate matter due to the expansion in industrialization around the world. The rate of industrialization has accelerated recently as a result of improving economic conditions in developing countries, which has led to an increase in air pollution levels. As a result, the demand for air quality monitoring systems has increased to manage and monitor the degree of air pollution in the surrounding environment.

There is a demand for air quality monitors in residential, commercial, and industrial applications. Regulations have been created by the government regarding the installation of air quality monitors in industrial buildings. Such monitors are now being installed by both commercial and residential clients to track the number of air pollutants in the area. However, the expensive cost of air quality monitors has hampered market growth. The price of air quality monitors is expected to decrease during the forecast period due to ongoing technological progress.

Market Key Attributes

In June 2022, Hexagon, a multibillion-dollar market leader in sensor, software, and digital reality solutions, is supporting start-ups to boost productivity and ESG. Hexagon Manufacturing Intelligence Division awarded SmartParts and RIIICO recognition. The manufacturing sector's efficiency and sustainability will rise thanks to the open innovation platform's assistance in scaling startups and expanding connectivity with top-tier businesses.

In June 2022, Construct Helix was introduced by Bentley Acceleration Initiatives, the company's internal incubator for strategic investments. Bentley Systems is a provider of infrastructure engineering software. By offering SaaS solutions that will enable a connected data environment, it is specifically designed to digitalize the flow of construction project workflows.

FAQs

Global Air Quality Control Systems Market size was valued at USD 57.46 Billion in 2023 and is poised to grow from USD 61.32 Billion in 2024 to USD 103.09 Billion by 2032, growing at a CAGR of 6.71% in the forecast period (2025-2032).

The global air quality control systems industry is highly competitive, with key players focusing on innovation, regulatory compliance, and strategic expansion. Mitsubishi Heavy Industries (Japan) leads with advanced air pollution control technologies, including electrostatic precipitators and flue gas desulfurization systems. GE Vernova Inc (U.S.) specializes in industrial air quality solutions, leveraging IoT for real-time emissions monitoring. GEA Group (Germany) provides air filtration and dust control solutions, prioritizing sustainability and compliance with stringent European regulations. 'Thermo Fisher Scientific (US)', 'Emerson Electric (US)', 'General Electric (US)', 'Siemens AG (Germany)', 'Teledyne Technologies (US)', 'PerkinElmer, Inc. (US)', 'Agilent Technologies, Inc. (US) ', 'Spectris plc. (UK)', '3M Company (US)', 'Honeywell International Inc. (US)', 'HORIBA, Ltd (Japan)', 'Merck KGaA (Germany)', 'TSI Incorporated (US)', 'Tisch Environmental (US)', 'Testo (Germany)', 'Hawa Dawa GmBH (Germany)', 'LumaSense Technologies, Inc. (US)', 'Aeroqual Limited (New Zealand)'

Several positive activities are being implemented by the regional government, non-governmental organizations, and the commercial sector to reduce air pollution through public awareness programs and campaigns. Since more people are becoming aware of the negative effects that inhaling contaminated air may have on their health, the market for air quality monitoring has expanded. For example, in November 2021, the Pune Municipal Corporation (PMC) in India began activities under the Union government's National Clean Air Program (NCAP). This project intends to develop and expand the air quality monitoring network across the nation by raising public awareness and ensuring the strict implementation of measures for the abatement, prevention, and control of air pollution levels. Additionally, the supportive government rules related to the monitoring and control of air pollution as well as the rise in public-private partnerships for AQM solutions have boosted the demand for air quality monitors.

Advancements in AQM Technology Driving Market Growth: The current market research and development associated with improvements in AQM systems, such as nanotechnology-based systems and remote sensing instruments, are predicted to provide improved growth prospects for both established and up-and-coming competitors in this market. The commercialization and development of cutting-edge AQM products is therefore a constant focus of several research groups and industry entities. Examples of procedural advantages offered by AQM products based on nanotechnology efforts and advances include device shrinking, real-time monitoring capabilities, and improved analytical efficacy.

Asia-Pacific is projected to dominate the global market. In Asia, air pollution is reaching alarmingly high levels, which is very bad for the locals' health. The current situation is mostly a result of the expanding industrialization of developing nations, which has increased the number of chemical pollutants in the countries, some of which are also lethal. According to the World Air Quality Report 2020, 37 of the top 40 most polluted cities in the world are in South Asia. In addition, China, Japan, and India have high air pollution levels. The countries in the region are doing everything they can to deal with the current situation. In recent years, air quality monitoring systems have been implemented in numerous local businesses and communities throughout the region.