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Deteriorating Air Quality Levels Fueling Sales of Air Quality Monitoring Systems

Posté le: Nov-02-2020 | vue (26) fois | Word Count article: 374 |

Global air quality monitoring market size is forecasted to reach $6.5 billion by 2023, according to P&S Intelligence.
The rising urbanization and industrialization in several countries is massively pushing up the air pollution levels. As per the findings of the World Health Organization (WHO), “more than 50% of the world’s population live in urban areas.” Furthermore, the organization estimates that this share would rise to 70% by 2050. Increasing urbanization is usually associated with surging construction activities, rapid industrialization, and rising road traffic, which are some of the biggest emitters of hazardous and toxic gases.

Air pollution claimed the lives of 3.4 million people in Asia in 1990, while in 2016, this number increased to 4.2 million. In Asia, South Asia recorded the highest number of deaths because of air pollution in 2016. As per the World Health Organization (WHO), “out of 8.8 million deaths caused by all cancer types, 1.7 million deaths occurred due to lung cancer in 2015, globally.” This is making air quality monitoring extremely essential in today’s world.

Hence, with the rising sales of air quality monitoring systems, the revenue of the global air quality monitoring market is predicted to grow considerably in the coming years. Outdoor and indoor are the two most commonly sold variants of air quality monitors across the world. Between them, the usage of the outdoor air quality monitors is predicted to rise rapidly in the forthcoming years. This will boost the sales of these systems in the future years.

Geographically, the Asia-Pacific (APAC) air quality monitoring market will be very lucrative in the upcoming years, as per the forecast of P&S Intelligence, a market research firm based in India. The market will be driven by the rising incidence of respiratory diseases, increasing pollution, and the soaring industrialization in the regional countries. Additionally, the implementation of strict regulations regarding air pollution and the growing public awareness of environmental pollution will boost the advancement of the market in the near future.

Hence, it can be said with surety that the demand for air quality monitoring systems will swell all over the world and especially in the Asian countries in the years to come, primarily because of the growing pollution levels, on account of the rising industrialization, urbanization, and increasing construction activities, all around the world.

Source: P&S Intelligence

Source de l'article : Air Quality Levels Fueling Sales of Air Quality Monitoring Systems_1004.aspx

auteur ressource :
P&S Intelligence
International: +1-347-960-6455
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Mots-clés : Healthcare, Medical, Research Report,

Catégorie : Writing et Parler : Rédaction

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