The Particulate Matter Monitoring Market is expected to grow significantly over the next several years, rising from USD 1.3 billion in 2022 to USD 2.2 billion by 2027, or a significant compound annual growth rate of 10.8%.
Growing public consciousness of environmental issues and air quality serves as a strong indicator of this growth trajectory. Requirements for reliable real-time data, health and safety laws, and a growing global emphasis on pollution control are driving demand for effective particulate matter monitoring solutions. Particulate matter monitoring is becoming increasingly important in tackling environmental issues as a result of stricter air quality regulations and technological developments in monitoring equipment, which are driving the market's growth.
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In the automotive and transportation industries, the particulate matter sensor is essential for identifying leaks in diesel particulate filters. It can also be used to measure the mass concentration of non-volatile particulate matter in aircraft engines. Particulate matter monitoring market growth is predicted to be tightly linked to continuous technological improvements in the transportation and automotive industries. The need for precise and effective monitoring solutions is anticipated to grow as these industries continue to change, which will support the market's progress in the near future.
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The market for indoor monitoring is expected to grow at a highest CAGR during the forecast period
In the particulate matter monitoring market, the indoor monitoring segment is anticipated to grow at the fastest rate (CAGR) throughout the projected period. Monitoring indoor air quality is essential for determining whether pollutants are present in indoor environments that affect occupants' health and productivity. In a variety of contexts, including as residential, commercial, and industrial structures, this monitoring is crucial. Indoor monitors are widely used in hospitals, schools, businesses, and clean rooms in semiconductor, food & beverage, aerospace, and healthcare industries. Regulation agencies such as the US Environmental Protection Agency (EPA) emphasise that interior air can have a concentration of pollutants up to 100 times higher than outdoor air, highlighting the importance of indoor air quality.
The market for opacity technology is expected to grow at a significant CAGR during the forecast period
Over the course of the forecast period, the opacity technology category is expected to increase at a strong Compound Annual Growth Rate (CAGR). Opacity technology—which includes both static and dynamic opacity technologies—offers a well-known and tested way to handle increased dust loadings brought on by combustion processes in steel, cement, and power sectors, among other industries. While dynamic opacity technology brings a novel technique by measuring the ratio of signal scintillation to absolute light intensity, traditional opacity technology devices measure the intensity of received light. This provides a significant benefit over conventional techniques because the ratiometric measurement is not impacted by lens contamination, improving the precision and dependability of opacity assessments in industrial settings.
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North America accounted for the largest share of the particulate matter monitoring market in 2021
In the market for particulate matter monitors, North America was the market leader in 2021. Because the region places a high priority on environmental sustainability and public health, particle matter sensors have been installed widely. The market for particulate matter monitoring is growing as a result of the strong growth of industries like mining, oil and gas, automotive, and petroleum. Particulate matter monitor data is actively collected by regulatory agencies, such as the Environmental Protection Agency (EPA) and state, tribal, and local agencies, to guarantee adherence to air quality requirements that protect public health and the environment. This coordinated effort is a reflection of North America's dedication to promoting sustainable development and preserving the quality of the air.
The major players includes Thermo Fisher Scientific, Inc. (US), AMETEK (US), Spectris plc (UK), ACOEM Group (France), and Siemens (Germany).
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