$SRMX Good morning!Stats that state there is a big
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According to Allied Market Research, the Air Quality Monitoring market is expected to garner $6.9 billion by 2022, registering CAGR of 9.2% during the forecast period 2016-2022. Outdoor air quality monitors are the devices used to detect and monitor the level of pollutants in outdoor environments. They detect the levels of pollutants such as carbon monoxide, sulfur dioxide, nitrous oxide, particulate matter, and volatile organic compounds (VOCs). The need to maintain the increased monitoring of outdoor air quality has fostered the demand for smart IoT air quality monitors that transmit data on a real time basis, as polluted air contains several harmful and potentially dangerous elements that cause health problems. These toxic pollutants are released in air through emission from various industries, vehicles, or combustion of fossil fuels in residential areas. Municipalities are now very anxious to install IoT Outdoor Air Quality Monitors so that neighboring residents and businesses in affected areas can be warned as timely as possible to take remedial action. Increase in levels of outdoor air pollution has triggered the spread of disease such as asthma, chronic obstructive pulmonary disease, lung cancer, and cardiovascular problems. The rise in awareness towards the adverse effects of polluted air on health has propelled the growth of the outdoor air quality monitoring market. In addition, the supportive government regulations pertaining to monitoring and control of outdoor air pollution and increase in public–private partnership for air quality monitoring have supplemented the demand for cost effective IoT air quality devices.