Air Quality Monitoring Software Market 2021 Industry Challenges, Top Manufacturers, Key Countries with Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for Air Quality Monitoring Software Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Air Quality Monitoring Software Market products.

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A report onAir Quality Monitoring Software Market has been added by Kenneth Research into its market research repository. The report provides an extensive analysis of the market by determining the relationship between the dependent and independent variables through correlation and regression for the forecast period, i.e., 2021 2030. The report on Air Quality Monitoring Software Market further provides the supply and demand risks associated with the growth of the market, and consists of macro-economic indicators that are contributing to the market growth. The Global Air Quality Monitoring Software Market was valued at USD 372.01 million in 2016 and is projected to reach USD 685.08 million by 2025, growing at a CAGR of 7.02% from 2017 to 2025.The market is further estimated to attain a market revenue of USD XXX in the year 20XX. The market is thriving on account of the growing trade on fuel worldwide, backed by the rising demand for energy from the end-users.

According to the statistics by the World Bank, exports of fuel increased from 12.91% of merchandise exports in 2001 to 14.25% of merchandise exports in 2018. Additionally, imports of fuel registered a growth by 1.28x between the years 2001 and 2018. In 2001, the import of fuel was 10.30% of merchandise exports whereas in 2018, it was 13.19% of merchandise exports. On the other hand, the increasing focus of the players in the energy and power industry to lower their cost of operations so as to enhance their profitability, is also anticipated to contribute to the market growth. The natural gas rents, which is defined as the difference between the total cost of production of natural gas and the production value at world prices, decreased significantly from 0.40% of GDP in 2001 to 0.18% of GDP in 2017. Alternatively, the oil rents, which increased from 1.09% of GDP in 2001 to 1.30% of GDP in 2019, portrays the need amongst the players to enhance their focus in reducing the cost of production of oil.

The Global Air Quality Monitoring Software Market was valued at USD 372.01 million in 2016 and is projected to reach USD 685.08 million by 2025, growing at a CAGR of 7.02% from 2017 to 2025.

An Air Quality Monitoring Software is a system that measures the level of common air pollutants. Softwares are available for both indoor and outdoor settings. Benefits of includes – reduced pollution, reduced maintenance cost, highly reliable, real time data accuracy, time and location-based trend analysis, easy to use data gathering tools, low cost implementation.

The Final Report will cover the impact analysis of COVID-19 on this industry:

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Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Rising industrial sector to drive the need for air quality monitoring
1.2 Increasing initiatives for the development of environment-friendly industries
1.3 Advancements in the field of air pollution monitoring
1.4 High public awareness related to healthcare and environmental implications of air pollution
1.5 Government regulations for effective air pollution monitoring and control
2. Market Restraints
2.1 Ineffective implementation of pollution control reforms
2.2 Availability of alternatives and adoption of renewable sources of energy
2.3 Costly products

Market Segmentation:
The Global Air Quality Monitoring Software Market is segmented on the type, end user, and region.

1. Type:
1.1 Indoor Air Quality Monitoring Software
1.2 Outdoor Air Quality Monitoring Software

2. By End User:
2.1 Commercial Bodies
2.2 Industries
2.3 Government Agencies and Research Institutes
2.4 Urban Air Quality Monitoring Agencies
2.5 Others

3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Cambridge Environmental Research Consultants Ltd
2. Kisters AG
3. Teledyne Technologies Incorporated
4. Horiba, Ltd.
5. Lakes Environmental Software
6. Brüel & Kjær Sound & Vibration Measurement A/S
7. IPS Meteostar, Inc.
8. Environnement S.A
9. 3M Company
10. Robert Bosch GmbH
11. Aeroqual Limited
12. OPSIS AB
13. Air Monitors Ltd
14. Lumasense Technologies, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global Air Quality Monitoring Software Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.

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Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.

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