The North American air quality monitoring market is expected to generate $2,628.5 million in revenue by 2024

NEW YORK, Nov. 19, 2019 /PRNewswire/ --

North America Air Quality Monitoring (AQM) Market (2014-2024)

According to the report, the North American air quality monitoring market is expected to generate $2,628.5 million in revenue by 2024. Due to increasing air pollution levels and growing awareness about its effects on human health and environment, and stringent regulatory framework for air pollution reduction, the market is advancing steadily.

Read the full report: https://www.reportlinker.com/p05760342/?utm_source=PRN

On the basis of product, the North American air quality monitoring market is divided into indoor and outdoor products. The market for outdoor monitoring products is anticipated to experience faster growth during the forecast period (2019–2024), at a CAGR of over 10.0%. Due to increasing acid rain problem and industrialization in the region, the demand for outdoor monitoring products is expected to rise. Further, looking at the indoor category, the market is subdivided into fixed and portable products, out of which the fixed indoor monitoring product category is presently leading it.

Now, coming to the particulate type, the North American air quality monitoring market is classified into fine particles and coarse particulates. The demand for monitoring products that detect fine particle levels, eventually helping people in reducing these, is projected to experience faster growth during 2019–2024 at a CAGR of 10.3%. The growth can be attributed to the increasing amount of particulate matter 2.5 (PM2.5) being discharged by vehicles and industries, which is leading to the rapid adoption of equipment that can detect it.

Further, the AQM industry for coarse particulates is subdivided into earth crustal materials, road vehicles dusts, and other particulates. Among these, the road vehicles dusts subcategory is presentl holding the largest market share. In the North American air quality monitoring market, the U.S. is expected to witness faster growth during the forecast period at a 9.0% CAGR. The reason behind such a growth would be the increasing prevalence of respiratory diseases, rising number of smokers, and technological advancements in monitoring products.

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