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On the basis of product, the air quality monitoring market is categorized into indoor and outdoor air quality monitors. Indoor air quality monitors held a larger share in the market in 2017, accounting for 70.6%. This leading position of the category is attributed to its advantages over outdoor air quality monitor. For instance, indoor air quality monitors can measure several pollutants such as carbon monoxide, aldehydes, particulate matter, and nitrogen oxides. In addition, these monitors have high adoption in pharmaceutical and other industries, that require a controlled environment.
Among the varied sampling methods, continuous sampling method held the largest share in the air quality monitoring market in 2017, with a contribution of 39.0%. The share is expected to increase to 41.0% by 2023. It is a high-resolution method that provides continuous record of contaminant levels. The continuous sampling method has advantages over other methods such as remote communication and high degree of measurement precision. Also, it can operate over extended periods (weeks or months) with minimal operator intervention.
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In order to increase their market share, key players of the air quality monitoring industry are entering into partnerships and making acquisitions to offer cost-effective and at-home therapy products. For instance, in April 2018, 3M Company entered into a partnership agreement with Amazon to offer Filtrete Smart Air Filter. The product is integrated with Amazon Dash Replenishment service for the easy reordering of air filters when customers need replacing.
Some of the other key players operating in the global air quality monitoring market are General Electric Company, Merck KGaA, Siemens AG, Teledyne Technologies Incorporated, Horiba Limited, and Emerson Electric Co.
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