Particulate Matter Sensors Market Scope
Particulate matter sensors are commonly used for air monitoring. The particulate matter sensor is based on laser technology and offers real-time data at low cost and consume low power. The size of the sensor is small that enables portability. Diameter about 2.5 microns and 10 microns are considered as dangerous air pollutants that cause serious of diseases such as lung cancer, heart disease, stroke, chronic obstructive pulmonary diseases, respiratory infections, and others. Thus, increasing health awareness due to increasing respiratory diseases and infections are demanding particulate matter sensor to monitor air pollutant. Low Cost and Low Power Consumption of Sensor with real-time Monitoring is boosting the growth of the market. Additionally, increasing adoption of particulate matter sensors in the smart cities in developing countries particularly in Asian countries has been supplementing the growth of the market. However, high manufacturing and initial cost for manufacturing image sensors, unable to perform in harsh environmental condition as the sensors used for air monitoring are the factors for limiting the growth of the market. Moreover, government initiatives for controlling air pollution will add more value to the market in the coming years.
According to AMA, the Global Particulate Matter Sensors market is expected to see growth rate of 12.23% Research Analyst at AMA estimates that United States, European and Asian Players will contribute to the maximum growth of Global Particulate Matter Sensors market throughout the predicted period.
Infineon Technologies AG (Germany), Land Instruments International (United Kingdom), Schauenburg International GmbH (Sensidyne) (Germany), Delphi Technologies (United Kingdom), Robert Bosch GmbH (Germany), Thermo Fisher Scientific (United States), Yokogawa Electric Corporation (Japan), CENTRALSQUARE (United States) and Honeywell (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Shinyei Technology (Japan), Mouser Electronics (United States) and Hitachi Automotive Systems (Japan).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Particulate Matter Sensors market by Type (PM2.5, PM10, PM1.0 and PM4.0), by Application (Air Purifiers, HVAC Equipment, Demand-Controlled Ventilation Systems, Air Conditioners, Air Quality Monitor, Smart Home and IoT Devices and Others) and Region with country level break-up.
On the basis of geography, the market of Particulate Matter Sensors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On November 2018, the Sensirion AG Switzerland had launched new particulate matter sensor with a new technological breakthrough in optical PM sensors. The new sensor named as SPS30 is based on laser scattering with contamination-resistance technology
Market Trend
- Rising Trend of Miniaturization in Semiconductor Industry
- Increasing Technological Advancement in Sensing Technologies
Market Drivers
- Increasing Demand Due To Low Cost and Low Power Consumption of Sensor with Real-Time Monitoring
- Increasing Adoption of Particulate Matter Sensors in the Smart Cities
Opportunities
- Increasing Diseases such as Lung Cancer, Heart Disease, Stroke, Chronic Obstructive Pulmonary Diseases and Respiratory Infections due to Air Pollutants
- Government Initiatives for Controlling Air Pollution
- Increasing Investment by Key Players in the Research and Development Activities
Restraints
- High Manufacturing and Initial Cost for Manufacturing Image Sensors
- Intense Competition among Key Players
Challenges
- Unable to perform in Harsh Environmental Condition as the Sensors use for Air Monitoring
Key Target Audience
Particulate Matter Sensor Manufacturers, Raw Material Suppliers, Suppliers and Distributors, Government Agencies, Private Research organization, Investors and Others