The presence of supportive government regulations for effective air pollution monitoring and control, ongoing government initiatives towards the development of environment-friendly industries, increasing public-private funding for effective air pollution monitoring, rising global levels of air pollution, and increasing public awareness related to healthcare and the environmental implications of air pollution are some key factors fueling the growth of the market.
Emerging markets including China, India, and Korea are offering high growth opportunities for market players in the air quality monitoring industry. Large-scale industrialization, implementation of stringent air pollution regulations across major Asian countries, growing government emphasis on industry compliance with safety regulations, and continuous government support for the development & commercialization of advanced AQM products are the key factors propelling the demand for air quality monitoring in emerging nations. In order to leverage the high growth opportunities in these emerging nations, leading market players are expanding their presence in these countries.
Source : Markets and Markets