Air Quality Monitoring acts as a tool to helps in measuring the level of pollution in relation to the ambient air quality standards. It is a monitoring systems which is used to detect the concentrations of particulate matter, sulfur dioxide, carbon monoxide, and others.
According to MarkNtel Advisors’ research report titled “Latin America Air Quality Monitoring Market Analysis, 2020”, the Air Quality Monitoring market is projected to register a CAGR of around 6% during 2020-25. The Peru Air Quality Monitoring market is gradually growing due to increasing concerns toward the deteriorating air quality in the country. In 2018, the air quality index of Peru was 173 thereby establishing itself as one of the major air polluted countries in the world. Moreover, Peru is the second-largest copper producer in the world. The operations involved in mining such as drilling, blasting, hauling, collection, and transportation are some of the major sources for emissions of air pollution in the country. Hence, the mining sites would require the installation of air quality monitoring equipment and is anticipated to surge the growth of Peru Air Quality Monitoring market.
The active sampling method acquired the highest market share in the Latin America Air Quality Monitoring market in 2019 owing to the increased demand for active sampling methods in air quality monitoring system for immediate measurement of pollutants and the hourly storage of data. Moreover, the shift from conventional air quality monitoring systems to IoT-enabled monitoring systems has positively impacted the replacement demand for the equipment, thereby surging the growth of the Latin America Air Quality Monitoring market.
According to MarkNtel Advisors, the key players capturing a considerable market share in the Latin America Air Quality Monitoring market include Thermo Fisher Scientific, Teledyne Technologies, Horiba, Cerex Monitoring Solutions, Aeroqual, Ecotech ACOEM Group, General Electric, etc. Several companies are introducing a new product range to expand their business in the market.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Latin America Air Quality Monitoring Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Latin America Air Quality Monitoring Market during 2020-25?
A. The growth rate of Latin America Air Quality Monitoring Market during 2020-25 is forecast to be around 6%.
Q. Who are the key competitors or players operating in Latin America Air Quality Monitoring Market?
A. Thermo Fisher Scientific, Teledyne Technologies, Horiba, Cerex Monitoring Solutions, Aeroqual, Ecotech ACOEM Group, General Electric are few of the leading players in the Latin America Air Quality Monitoring Market.
Q. Does the report scope cover product & service wise market statistics also?
A. Yes, the scope of the report encompass detailed Product & service wise statistics such as market size, market segmentation based on various subcategories.
Q. Which Sampling method would emerge as an opportunity area for players in Latin America Air Quality Monitoring Market during 2020-25?
A. The active sampling method are expected to attain the highest CAGR growth during 2020-25, due to its feature of immediate measurement of pollutants and the hourly storage of data.
