Particulate Matter Sensor Market Size

Particulate Matter Sensor Market size was over USD 2.56 billion in 2023 and is likely to exceed USD 5.6 billion by the end of 2036, witnessing over 6.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of particulate matter sensor is evaluated at USD 2.69 billion.

The increasing amount of air pollution and the need to systems to measure the air quality of a region are expected to aid the growth of the particulate matter sensor market. The particulate matter sensors are capable of monitoring particles of various sizes ranging from 10PM, 2.5PM and even smaller. 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. The growth of the market can be attributed to the growing need to measure the pollutants present in the air. In this regard, stringent government regulations imposed by many countries to curb the levels of air pollution originating from various industries is increasing the deployment of PM sensors in the industries and driving the particulate matter sensor market. 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.