Andrea Alms Video:  Money In Motion 22 - The Air Quality Market - Part 2

TRANSCRIPT:

Hello. My name is Andrea Alms and I am technology investor and financial manager and this is your money in motion. On the last episode I introduce air and air quality. My research showed that millions of people die every year from air pollution. This is a result. This has resulted in a demand for smart air quality monitoring equipment that can communicate across cities, countries, and one day the entire planet. As a recap, the air quality solution market value is to grow to 9.5 billion at over 6%. Compound average growth rate during 2020 and 2024 33% of the market growth to originate from Asia Pacific. On this episode, we take a closer look based on product type, the market is segmented into indoor and outdoor monitoring systems. The outdoor segment dominates the market in 2018 as a result of the increased integration of activities of these systems with other smart city infrastructure, such as smart poles, traffic systems and streetlight solutions. Government mandates for the use of air quality monitoring devices in industries such as oil, gas, pharmaceuticals are another factor driving it. The outdoor segment is split into two categories Fixed and portable fixed systems account for a larger share, fueled by the need for air quality stations and public places. Indoor indoor monitoring system is increasingly being adopted as a result of growing popularity, smart homes and green buildings. Most people spend about 75 to 85% of their time indoors daily. Of course, several of these indoor impurities can cause respiratory distress, allergies and other ailments. Fixed air. Indoor air quality monitoring devices account for the largest share, so in both indoor and outdoor fixed is the largest share. These systems include such as analog, digital output, limited sample volume required for air quality analysis and real time monitoring capabilities. The areas of caution in indoor devices that is portable. This is expected to gain significant in the future due to the rise in the emissions of volatile organic compounds or voces and the growing awareness of the health risk rise to viruses. This report, again, is by product type. However, this report is about percent of end user. As you can see, the dominant end user varied dominant end user is residential when it comes to residential and indoor. This report suggests the three major air quality solutions market players are 3M, Activia and Camphill. However, this report suggests a major market players are. This is based on the analysis presented in the cardinal mix and they are Honeywell Thermo Fisher three AB Siemens and both reports. 3M comes up again and again, albeit $1,000,000,000 market in the single digits and growth rate in the single digits. It is of interest. Let's keep an eye on it. Thank you. This is your money. Your money in motion.