The North American Air Quality Monitoring Market market valued $1.4 billion in 2015 and is expected to attain a value of $2.5 billion by 2022, growing at a CAGR of 8.5% during the period 2016–2022. Between the two types of AQM products, indoor monitors accounted for the larger share in the North American AQM market in 2015, due to their high rate of adoption in pharmaceutical and other industries owing to the need for controlled environment. Based on the type of pollutants monitored in 2015, chemical pollutants monitoring generated the largest revenue in the AQM market, followed by physical and biological pollutants monitoring.
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Among the various sampling methods employed for AQM, the continuous sampling method accounted for the largest share in the North American AQM market in 2015; it is also expected to witness the highest growth in demand, during the forecast period. Government agencies and academic institutes, commercial and residential sectors, petrochemical industry, power generation plants, pharmaceutical industry, and others constitute the end users for AQM products in the region, with government agencies and academic institutes being the largest end users.
Indoor air quality monitors are the focus area of many key players in the AQM market because of increasing demand for these monitors for commercial and residential buildings. For instance, in April 2017, Honeywell International Inc. launched laser air quality monitors, with a new sensor based on laser light scattering, designed to help building owners and consumers monitor air for potentially harmful pollutants or airborne particles.
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Some of the other key players operating in the North American AQM market are the 3M Company, General Electric, Thermo Fisher Scientific Inc., TSI Inc., Emerson Electric Co., Teledyne Technologies Inc., Cerex Monitoring Solutions LLC, PerkinElmer, Inc., and Tisch Environmental Inc.
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