With a strong compound annual growth rate (CAGR) of 10.8%, the Particulate Matter Monitoring Market is expected to rise from USD 1.3 billion in 2022 to USD 2.2 billion by 2027.
This prediction is predicated on information from a recent MarketsandMarketsTM study. The market is expected to rise as a result of increased adoption of strict environmental rules worldwide, growing concerns about air quality, and pollution control efforts. Particulate matter monitoring systems are vital tools for governments, businesses, and environmental organisations because they are critical to evaluating and controlling air quality. The requirement for sophisticated particulate matter monitoring systems is anticipated to increase in response to growing awareness of the harmful health impacts of airborne particles and the necessity of real-time monitoring. This will help to fuel the market's significant growth in the upcoming years.
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Particulate matter sensors play a vital role in detecting leaks in diesel particulate filters, especially in the transportation and automotive industries. This technique is used, especially in aircraft engines, to detect and measure the mass concentration of non-volatile particulate matter. The particulate matter monitoring market is expected to increase, and this growth is closely related to the continuous technical advancements in the transportation and automotive industries. The need for effective and precise particulate matter sensors is anticipated to grow as these industries develop more, which will support the market's overall growth for particulate matter monitoring 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
Over the course of the projection period, the indoor monitoring segment is expected to display the highest Compound Annual Growth Rate (CAGR) in the particulate matter monitoring market. The primary reason for this growth is the growing importance of indoor air quality monitoring, which is an essential procedure for determining the amounts of contaminants in indoor environments. To protect inhabitants' health and productivity, efficient indoor air quality monitoring is necessary for residential, commercial, and industrial facilities. Indoor monitors are used by many industries, such as semiconductor clean rooms, food and beverage, aerospace, and healthcare, to guarantee hygienic conditions. The significance of interior air quality is emphasised by the US Environmental Protection Agency (EPA), which points out that indoor pollutants can have concentrations up to 100 times higher than outdoor ones.
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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 grow at a significant Compound Annual Growth Rate (CAGR). Opacity technology, which includes both static and dynamic opacity technologies, provides a tried-and-true method for controlling higher dust loadings brought on by ongoing combustion operations in steel, cement, and power industries. While dynamic opacity technology offers an improved method by evaluating the ratio of signal scintillation to absolute light intensity, traditional opacity technology depends on detecting the intensity of received light. This invention offers a significant benefit over traditional opacity techniques because ratiometric readings are not impacted by problems like lens contamination. This distinction contributes to more efficient emission control and monitoring by improving the precision and dependability of opacity measurements in industrial operations.
North America accounted for the largest share of the particulate matter monitoring market in 2021
North America became the industry leader in particulate matter monitoring in 2021. The region has prioritised environmental and human health, which has led to efforts to install particulate matter monitors. The growth of the particulate matter monitoring market in North America is largely due to the rise of industries including mining, oil & gas, automotive, and petroleum. Regulatory organisations that actively gather data from particle matter monitors include the Environmental Protection Agency (EPA) and state, tribal, and municipal agencies. This cooperative effort demonstrates the region's dedication to preserving a healthy ecosystem by ensuring that airborne particulate matter stays within thresholds that protect environmental integrity and public health.
The major players includes Thermo Fisher Scientific, Inc. (US), AMETEK (US), Spectris plc (UK), ACOEM Group (France), and Siemens (Germany).
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