[FURL=https://www.industryarc.com/Report/19233/particulate-matter-sensor-market.html]Particulate Matter Sensor Market[/FURL] is expected to reach $2.5 billion by 2025 at a CAGR of 5.6% during the forecast period 2020-2025. Owing to the advantages the dramatic decline in the air quality across the globe is expected to be the primary driver for the growth of the particulate matter sensor market. Similarly, rising health concerns among the individuals arising due to the poor quality is also one of the factors assisting the market growth. Moreover, the governments of various countries across the globe are taking severe measures in order to combat pollution. These governments conduct tests at various locations with the help of air quality monitoring systems and impose restrictions in order to prevent air pollutants from exceeding the prescribed limits. Hence these initiatives and benefits accelerate the particulate matter sensor size in the forecast period 2020-2025.Key Takeaways
PM2.5 is growing at a highest CAGR of 8.5% in the forecast period owing to the advantages of performing more accurately in a variety of tough industrial environments and having ability to respond any environmental conditions in real-time.
North America dominated the market by a market share of more than 39% in 2019, owing to stringent and well-established pollution control laws and regulations by the U.S. Environmental Protection Agency (EPA) and Canada’s Canadian Environmental Assessment Agency (CEAA).
Government of India is aiming to install 300 real-time air quality monitoring systems across the country by 2024 as a part of the National Clean Air Programme (NCAP) initiated in 2017
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By Geography - Segment Analysis
North America dominated the market by a market share of more than 39% in 2019, owing to stringent and well-established pollution control laws and regulations by the U.S. Environmental Protection Agency (EPA) and Canada’s Canadian Environmental Assessment Agency (CEAA). According to World Health Organization (WHO) reports airborne particulate matter has the biggest environmental risk to health, with responsibility for about one in every nine deaths annually. Hence in order to reduce the effect, EPA, CEAA and other control laws have been implementing several regulations. I
Drivers – Particulate Matter Sensor Market
Stringent government regulations
Rising adoption and easy integration of Particulate matter sensor
Particulate Matter Sensor top 10 companies include Infineon Technologies AG, Sensidyne, AMETEK Land, Delphi Technologies, Robert Bosch GmbH, Thermo Fisher Scientific, Yokogawa Electric Corporation, Tritech, Airy Technology, Inc., and Honeywell among others.
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