Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Portable Air Quality Monitor Market Overview
Portable air quality monitors are handheld devices which are used for surveying air pollutants. It can be used in both outdoor and indoor environments. Portable air quality monitor is very useful for those who have asthma and allergy related problems. It can monitor the quality and safety of the air and also helps in breathing cleaner and healthier. These portable air quality monitors are designed especially for those places where air concentrations need to be controlled. Portable air quality monitor can track air temperature, relative humidity and carbon dioxide levels in both outdoor and indoor environment.
Market Size & Forecast
Global portable air quality monitor market is anticipated to witness a robust growth over the forecast period 2017-2024. Rising need to maintain the air quality is anticipated to foster the growth of global portable air quality monitor market during the forecast period.
Geographically, global portable air quality monitor market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, North America is expected to be the largest regional market for portable air quality monitors by 2024. Technological advancements, rapid adoption of air quality monitoring devices and high public private funding for air quality control are some of the major factors which are expected to contribute for significant growth in North America region.CLICK TO DOWNLOAD FREE SAMPLE REPORT
Asia Pacific air quality monitor market is expected to be the fastest growing market in the next few years. Rising level of air pollution owing to the factors such as industrialization, urbanization and new developing industries is expected to drive the growth of portable air quality monitor market in this region. Supportive government rules & regulations in different countries of Asia Pacific region are also anticipated to foster the growth of portable air quality monitor in Asia Pacific region. Beside this, Europe region is also anticipated to witness a satisfactory growth over the forecast period.
Market Segmentation
Our-in depth analysis of the global portable air quality monitor market includes the following segments:
By Pollutants
By Distribution Channel
By End User
By Region
Global portable air quality monitor market is further classified on the basis of region as follows:
Growth Drivers & Challenges
Rising air pollution and supportive government rules & regulations to maintain the air quality are some of the major reasons escalating the demand for portable air quality monitors all across the globe. Government across various countries promoting air quality monitor system and pushing different industries to install such systems in order to decrease the air pollution. Such factors are expected to escalate the demand for portable air quality monitor in near future. Moreover, global portable air quality monitor market is driven by rising respiratory diseases due to air pollutants and increasing health consciousness among people across the globe.
Rapid industrialization and urbanization in developing countries such as India and China and rising need for air quality control are some of the major factors which are expected to create adequate opportunities for manufacturers of portable air quality monitor market. Apart from this, growing concern about indoor air quality is also anticipated to foster the growth of portable air quality monitor market during the forecast period. Along with this, technological advancements and rising adoption of smart homes are fostering the demand for portable air quality monitors in various countries.
Besides this, significant adoption of portable air quality monitor in petrochemical and pharmaceutical industries is also one of the major factors anticipated to expand the growth of portable air quality monitor market over the next few years.
However, high cost of portable air quality monitors is anticipated to dampen the growth of global portable air quality monitor market. Moreover, lack of awareness among consumers towards portable air quality monitor is also expected to hamper the growth of global portable air quality monitor market in near future.
Key Players
Scope & Context
Overview of the Parent Market
Analyst View
Segmentation
The global portable air quality monitor market is segmented as follows:
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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