Market Size of Europe Air Quality Monitoring Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 10.60 Billion |
| Market Size (2029) | USD 11.39 Billion |
| CAGR (2024 - 2029) | 1.45 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Air Quality Monitoring Market Analysis
The Europe Air Quality Monitoring Market size is estimated at USD 10.60 billion in 2024, and is expected to reach USD 11.39 billion by 2029, growing at a CAGR of 1.45% during the forecast period (2024-2029).
- Over the long term, strict government-mandated emission norms in industrial and commercial operations are expected to drive the market during the forecast period.
- On the flip side, the growing impetus to the renewable energy industry leading to a closure of coal and natural gas-fired power plants is expected to result in a decrease in air pollution levels across the region, restraining the demand for air quality monitoring devices during the forecast period.
- Nevertheless, technological advancements in monitoring equipment to monitor levels of trace contaminants are expected to be a significant growth opportunity for the market during the forecast period.
