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DUBLIN--(BUSINESS WIRE)--Oct 26, 2022--
The SBS)+and+Importance+of+Indoor+Air+Quality+Drives+Demand+&utm_exec=como322prd" rel="nofollow" shape="rect">"Air Quality Monitoring Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Air Quality Monitoring Systems Market to Reach $6.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Air Quality Monitoring Systems estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$6.2 Billion by 2027, growing at a CAGR of 6.9% over the period 2020-2027. Indoor, one of the segments analyzed in the report, is projected to record a 6.7% CAGR and reach US$4.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Outdoor segment is readjusted to a revised 7.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 8.6% CAGR
The Air Quality Monitoring Systems market in the U.S. is estimated at US$1.5 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$541.6 Million by the year 2027 trailing a CAGR of 8.6% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 6.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.
Wearables Segment to Record 6.3% CAGR
In the global Wearables segment, USA, Canada, Japan, China and Europe will drive the 6.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$146.2 Million in the year 2020 will reach a projected size of US$224 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
Select Competitors (Total 110 Featured)
What's New for 2022?
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit SBS)+and+Importance+of+Indoor+Air+Quality+Drives+Demand+&utm_exec=como322prd" rel="nofollow" shape="rect">https://www.researchandmarkets.com/r/4ftlnt
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SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 10/26/2022 08:14 AM/DISC: 10/26/2022 08:14 AM
http://www.businesswire.com/news/home/20221026005569/en