Chemical Market ShareAnalysis Air Quality Monitoring Systems Market Analysis, De | Page 2

initiatives for framing stringent legislative regulations to curb air toxification, is creating lucrative growth opportunities
in these countries.
The market offers a multitude of challenges for the industry participants and the gaining decisive understanding of
these challenges have impelled the players to pander strategic merger & acquisition activities with their fellow
contenders. They have identified the sales volume, former growth statistics, cost of resources, and future prospects.
The competitive landscape showcases the profiles and business strategies of the major players, along with their recent
developments. Some of the dominant players operating in this market include Thermo Fisher Scientific Inc., HORIBA
Ltd., Merck KGaA, Teledyne Technologies Incorporated, TSI Incorporated, Siemens AG, 3M Company, Aeroqual
Limited, Autotronic Enterprise Co. Ltd., and ECOTECH GROUP among others.
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The emerging companies have registered the key raw material suppliers, buyers, research investors and distributors
of the air quality monitoring systems market. Stakeholders and investors are increasing their spending on research
and development activities to scale the latest technologies in their system engineering process. The competitors are
profiling their business expansion strategies by incorporating collaborations, and joint ventures with the fellow
contenders. They have inspected the assorted threats and evolving disruptive technologies to shape the supply and
demand of the air quality monitoring systems market in the forthcoming years.
Intergovernmental Panel on Climate Change (IPCC), has launched the Fifth Assessment Report, which directly
identified that an average individual spends 90 percent of his time indoors and is considered fatal as compared to
outdoor pollution levels. Reduced ventilation, excessive use of electronic devices, and unacceptable levels of dust
accumulation have introduced new sources and materials that cause indoor pollution.
The industry vendors have been impelled the redesign of buildings to enhance the indoor air quality (IAQ) monitoring
system. MQ2 Gas Sensor is a low-cost CO sensitive device that is characterized by its feature for detecting i-butane,
propane, and methane to monitor indoor LPG pollutants and industrial smoke.
Market Segment:
Leading players of Air Quality Monitoring Systems including:
• Aeroqual
• 3M
• Honeywell