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Particulate Matter Sensor Market Size, Key Players, Latest Trends, Regional Insights, and Global Industry Dynamics By 2029

The particulate matter sensor market is projected to grow with a moderate CAGR during the forecast period, i.e., 2021-2029 on account of the increasing amount of air pollution regulations along with the application of particulate matter sensors in air quality management systems. As per IBM, 2.5 Quintillion bytes of data are generated each day. As per OurWorldInData.org, air pollution is responsible for 5 million deaths each year, almost 9% (nearly 1 out of 10) deaths – this varies from 2% to 15% by country

Increasing Amount of Air Pollution Regulations to Drive Market Growth

The United States Environmental Protection Agency has developed the National Ambient Air Quality Standards (NAAQS) set attainment thresholds for sulfur dioxide, particulate matter (PM10 and PM2.5), carbon monoxide, ozone, nitrogen oxides NOx, and lead (Pb) in outdoor air throughout the United States.

The Airborne Pollution Prevention and Control Action Plan by China aimed for a 25% reduction in air pollution by 2017 from 2012 levels with funds of USD 277 billion, the action plan targets PM 2.5 particulates which affect human health

Research Nester released a report titled “Particulate Matter Sensor Market: Global Demand Analysis & Opportunity Outlook 2029”which delivers detailed overview of the global particulate matter sensor market in terms of market segmentation by type, end user and region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

Get Sample Copy of This Report @ https://www.researchnester.com/sample-request-2932

The market is segmented by type into PM2.5, PM10 & others. Among these segments, the PM2.5 segment is anticipated to hold the largest share by the end of 2021 in the particulate matter sensor market as a result of the higher risk involved from inhalation of PM2.5 that block the inner parts of lung, posing a high health risk.

On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which, the particulate matter sensor market in the Asia Pacific is projected to grow at the highest CAGR throughout the forecast period. Currently, the market in North America holds the largest share. This can be attributed to the presence of stringent and well established laws and regulations by the U.S. EPA (Environmental Protection Agency) and Canada’s CEAA (Canadian Environmental Assessment Agency).

The health and environmental risks posed by poor air quality has led to a rise in regulations for the reduction of air pollution by governments and regulatory bodies globally. The PM2.5 and PM10 are supposed to be the most dangerous air pollutants to human life and pose a serious threat of disease such as stroke, heart disease, lung cancer, chronic obstructive pulmonary diseases and respiratory infections among the humans, which is expected to boost the market growth in upcoming years. However, the high costs of maintenance and presence of cheap alternatives are some of the factors that are estimated to restrain market growth in the near future.

This report also provides the existing competitive scenario of some of the key players of the global Particulate Matter Sensor market which includes company profiling of Delphi (NYSE: DLPH), Honeywell (NYSE: HON), Sensirion AG (SWX: SENS), Sensidyne, Sensware Inc., Robert Bosch GmbH (NASDAQ: BSWQY), Aeroqual, Shinyei Technology Co., Ltd. (TSX: 3004.T), Yokogawa Electric Corporation (TYO: 6841), Hitachi Automotive Systems (OTCMKTS: HTHIY), and others.

Get Sample Copy of This Report @ https://www.researchnester.com/sample-request-2932

The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global particulate matter sensor market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Research Nester:

Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

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Email: info@researchnester.com

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Research Nester is a one-stop service provider, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives to make wise decisions for their future investment and expansion by providing them qualitative market insights and strategies while avoiding future uncertainties. We believe in honesty and sheer hard work that we trust is reflected in our work ethics. Our vision is not just limited to gain the trust of our clients but also to be equally respected by our employees and being appreciated by the competitors.

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