Air Quality Monitoring Equipment Market: Impact of Regulatory Changes and Environmental Policies

 The global air quality monitoring equipment market size was estimated at USD 4,930.0 million in 2024 and is projected to reach USD 7,297.5 million by 2030, growing at a CAGR of 6.9% from 2025 to 2030. The increasing awareness of the health impacts of poor air quality is driving both government and private sector investments in monitoring technologies.

 

With rising pollution levels in urban areas, there is a growing demand for real-time monitoring solutions that can track air quality parameters such as particulate matter, gases, and volatile organic compounds.

 

Furthermore, government regulations and stricter air quality standards worldwide are pushing industries to adopt these monitoring systems to comply with regulations. Advancements in sensor technology and the decreasing cost of air quality monitoring devices are also making these solutions more accessible and attractive to businesses and consumers alike.

 

Key Market Trends & Insights

• The market in North America dominated in terms of global revenue share, accounting for 36.1% of the market. The region’s air quality monitoring equipment market is driven by stringent environmental regulations and policies that mandate the monitoring of air pollution levels. The increasing frequency of wildfires, particularly in the U.S., and the rising awareness of health risks associated with poor air quality are also pushing demand for these monitoring systems.
• The industry in the U.S. is projected to expand at a CAGR of 6.8% over the forecast period, driven by strict government regulations, increasing awareness of health risks from air pollution, and growing urbanization.
• Based on equipment type, the gas analyzers segment dominated the market in 2024, accounting for 34.7% of the market share, driven by increasing concerns about air quality and the need to comply with environmental regulations. These devices are essential in monitoring harmful gases such as nitrogen oxides and carbon monoxide, which can significantly impact human health and the environment.
• Based on end use, the industrial segment dominated the market in 2024, accounting for 32.0% of the market share, driven by regulatory requirements aimed at reducing emissions and improving worker health and safety. Industries like manufacturing, mining, and oil and gas need to continuously monitor pollutants to comply with environmental standards. Furthermore, industrial facilities are increasingly adopting automated systems for better monitoring and predictive maintenance, pushing the growth of the air quality monitoring equipment market.
• Based on type, the fixed segment dominated the market in 2024, accounting for 64.3% of the market share, driven by the growing demand for continuous and reliable air quality data in urban and industrial areas. These systems provide long-term monitoring solutions, ensuring compliance with air quality standards and enabling city planners and industries to assess pollution levels over time.

 

Order a free sample PDF of the Air Quality Monitoring Equipment Market Intelligence Study, published by Grand View Research.

 

Market Size & Forecast

• 2024 Market Size: USD 4,930.0 Million
• 2030 Projected Market Size: USD 7,297.5 Million
• CAGR (2025-2030): 6.9%
• North America: Largest market in 2023

 

Key Companies & Market Share Insights

Some of the key players operating in the market include Honeywell International Inc. and Siemens AG, among others.

• Honeywell International Inc. operates through four reportable business segments: aerospace, building technologies, performance materials & technologies, and safety & productivity solutions. The company has a global presence in North America, Asia, Europe, South America, Australia, and Africa, with operations in over 80 countries and 750 sites.
• Siemens AG is a global technology company that focuses on intelligent infrastructure for buildings and decentralized energy systems, as well as automation and digitalization in the process and manufacturing industries. The company is one of the largest industrial manufacturing entities in Europe and holds a prominent position in industrial automation and software.

 

Key Players

• Siemens AG
• Honeywell International Inc.
• Aeroqual
• TSI Incorporated
• Emerson Electric Co.
• KUNAK TECHNOLOGIES SL
• Airthings
• Merck KGaA
• Testo SE & Co. KGaA
• Thermo Fisher Scientific Inc.
• HORIBA Group
• 3M
• CODEL International LTD
• Modcon Systems Ltd

 

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.

 

Conclusion

The air quality monitoring equipment market is poised for significant growth, driven by increased awareness of environmental health issues, regulatory pressures, and technological advancements. As urbanization continues and pollution levels rise, the demand for effective monitoring solutions will only intensify, making this an essential sector for future investment and development.

Centrifugal Pump Market Outlook: Future Prospects and Growth Opportunities

 The global centrifugal pump market was valued at approximately USD 39.80 billion in 2024 and is anticipated to grow to USD 50.54 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4.2% from 2025 to 2030. The industry is currently experiencing several significant trends that are driving its expansion.

One key trend is the heightened focus on energy efficiency and sustainability. This has prompted manufacturers to create pumps that consume less energy while delivering optimal performance. Moreover, technological advancements, including the integration of IoT and smart monitoring systems, are improving operational efficiency and enabling predictive maintenance, thereby reducing downtime.

The centrifugal pump market is expected to benefit from increased investments in exploration and production activities by oil and gas companies. Additionally, the growing number of infrastructure upgrades, particularly the replacement or installation of new pipelines, is likely to positively influence market growth. The United Nations Sustainable Development Goal 6, which aims to ensure access to water and sanitation for all by 2030, is encouraging governments to implement initiatives that further support the centrifugal pump industry.

 

Key Market Trends & Insights

• Market Dominance: The Asia Pacific region led the centrifugal pump market with a revenue share of 46.4% in 2024, fueled by rapid industrialization in countries such as India, China, and Japan.
• Leading Market: China accounted for 35.4% of the revenue share in the Asia Pacific centrifugal pump market in 2024, driven by extensive industrial activities in sectors like chemicals, oil, gas, and power.
• Configuration Preference: The single-stage configuration segment dominated the market with a 60.4% revenue share in 2024, owing to its reliable performance and low-pressure requirements for high flow rates. This configuration is commonly used in industrial, slurry, and sewage pumping applications.
• Design Leadership: The radial flow pump design segment led with a revenue share of 62.6% in 2024. Radial flow pumps function by directing water toward the outer edge of a revolving impeller, converting kinetic energy into pressure energy before discharge.
• End Use: The agriculture segment held the largest share at 24.7% in 2024, driven by the benefits of reduced emissions and increased efficiency in various applications.

 

Order a free sample PDF of the Centrifugal Pump Market Intelligence Study, published by Grand View Research.

 

Market Size & Forecast

• 2024 Market Size: USD 39.80 Billion
• 2030 Projected Market Size: USD 50.54 Billion
• CAGR (2025-2030): 4.2%
• Asia Pacific: Largest market in 2024

 

Key Companies & Market Share Insights

Notable companies in the centrifugal pump market include Grundfos, Xylem, Flowserve, and ITT Corporation.

• Grundfos: Renowned for efficient water solutions across various applications, including wastewater treatment and HVAC systems. The company operates in 56 countries with a diverse product portfolio.
• Xylem: Focused on engineered solutions for the water industry, Xylem addresses issues of water scarcity and quality across the water cycle, serving customers in approximately 150 countries.
• Flowserve: Offers comprehensive flow control systems and aftermarket services globally, with a strong presence in over 50 countries and a diverse client base spanning multiple industries.
• Kirloskar Brothers Limited (KBL): An established Indian engineering firm specializing in fluid management systems, KBL has a significant global footprint and is committed to sustainable practices and innovation.

 

Key Players

• Grundfos
• Xylem
• Flowserve
• ITT Corporation
• CIRCOR International
• Baker Hughes
• Gardner Denver
• Ebara Corporation
• Kirloskar Brothers Limited
• Tsurumi Manufacturing

 

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.

 

Conclusion

The centrifugal pump market is poised for substantial growth, driven by advancements in technology, increased industrial activities, and a commitment to sustainability. As emerging trends shape the industry, companies that adapt to these changes and invest in innovative solutions will likely gain a competitive edge in the evolving market landscape.

Biogas Market Analysis, Regional Developments and Competitors

 The global biogas market was valued at USD 65.53 billion in 2023 and is projected to reach USD 87.86 billion by 2030, growing at a CAGR of 4.2% from 2024 to 2030. This growth is driven by rising product demand across various application segments, including heat, electricity, upgraded biogas, vehicle fuel, and cooking gas.

Additionally, the increasing emphasis on renewable energy, especially in the electric power sector, has significantly boosted biogas demand for electricity applications. The growing necessity to reduce reliance on fossil fuels is also creating lucrative opportunities for biogas in vehicle fuel applications.

In North America, the U.S. has emerged as one of the largest biogas markets in 2023 and is expected to experience substantial revenue growth over the forecast period. The U.S. government has implemented various regulations aimed at decreasing dependence on conventional fuels and achieving its zero carbon emissions target. Key factors influencing market growth include favorable regulatory and political support, environmental initiatives, customer demand, geopolitical factors, and agricultural and economic support.

The demand for biogas in North America is predominantly driven by the U.S. The increasing need for applications such as cooking gas, electricity, vehicle fuel, and heat is projected to positively impact industry growth throughout the forecast period. Major factors supporting the regional market include a high demand for green fuels, stringent environmental regulations, and increased investment in refinery development.

Key Market Trends & Insights

• Europe was the leading regional segment, capturing approximately 41% of the revenue share in 2023. The growth of the European biogas sector is fueled by technological advancements and increased investments in the refinery industry. Companies across Europe are committing substantial capital to research and develop biogas production from existing sources, with plans to expand their feedstock share in the coming years.

• The growth of Italy's biogas market is largely driven by government initiatives aimed at decarbonization. For example, in March 2021, Eni SpA (BIT: ENI) announced its intention to acquire an Italian biogas company from FRI-EL Greenpower, a holding of the Gostner family, through its circular economy subsidiary, Ecofuel. This acquisition is still pending approval from the relevant antitrust authorities.

• In terms of application, the electricity segment led the market, accounting for around 30% of the revenue share in 2023. The growing emphasis on renewable energy, particularly in the electric power sector, has significantly boosted the use of biogas for electricity generation.

• By source, municipal sources represented the largest revenue share at 41.35% in 2023. The increasing utilization of municipal solid waste (MSW) for biogas production, aimed at reducing landfill usage and greenhouse gas emissions, is anticipated to drive market demand throughout the forecast period.

 

Order a free sample PDF of the Biogas Market Intelligence Study, published by Grand View Research.

 

Market Size & Forecast

• 2023 Market Size: USD 65.53 Billion
• 2030 Projected Market Size: USD 87.86 Billion
• CAGR (2024-2030): 4.2%
• Europe: Largest market in 2023

 

Key Companies & Market Share Insights

• Biogas industry is highly competitive due to the global presence of major companies. Key biogas solutions & service providers include Air Liquide, PlanET Biogas, Wartsila, EnviTech Biogas AG, Robert Bosch GmbH, Asia Biogas, and Schmack Biogas GmbH. Air Liquide, PlanET Biogas, Wartsila, and EnviTech Biogas AG are full-scale manufacturers and leaders in terms of investment in R&D.
  
  
• Spanish companies are taking active steps to drive the adoption of biogas in the country. For instance, Repsol, a Spanish fuel company, in June 2020, announced the development of an industrial-scale biogas project.

 

Key Players

• Agrinz Technologies GmbH
• Air Liquide
• DMT International
• Gasum Oy
• HomeBiogas Inc.
• PlanET Biogas
• Scandinavian Biogas Fuels International AB
• Schmack Biogas Service
• Total
• Xebec Adsorption Inc.

 

Conclusion

The biogas market is positioned for significant growth as it adapts to the rising demand for renewable energy solutions. The U.S. leads the charge in North America, driven by regulatory support and a move towards sustainable energy practices. As various applications expand, the biogas industry is set to play a crucial role in reducing fossil fuel dependency and contributing to a greener future.

 

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.

Battery Recycling Market: Legislative Changes and Their Effects on Industry

 The global battery recycling market size was estimated at USD 1.83 billion in 2023 and is projected to reach USD 17.08 billion by 2030, growing at a CAGR of 37.6% from 2024 to 2030. The industry is expected to grow rapidly during the forecast period owing to increasing popularity of electric vehicles (EVs) and renewable energy storage systems leading to a higher demand for batteries, and, in turn, driving the need for recycling. Governments globally are implementing regulations to promote the recycling of batteries and reduce environmental impact, which is expected to boost industry growth.

 

The U.S. emerged as the largest market in North America in 2023. Increasing sales of EVs in the U.S. owing to the formulation of supportive federal policies, such as the Responsible Battery Recycling Act of 2022 California, and presence of leading industry players are expected to drive demand for batteries in the country over the forecast period. Responsible Battery Recycling Act of 2022 California instructs each battery retailer in the state to have a system for collection of used rechargeable batteries for recycling and reusing purposes.

 

The U.S. has emerged as a growing market for the recycling of li-ion batteries owing to the presence of large-scale li-ion recycling facilities in the country. For instance, Li-cycle Corp. inaugurated its new li-ion recycling facility with 120,000 square feet of warehousing space. This facility can process 10,000 tons of battery material for electric vehicles annually. The company possesses the capacity to recycle 60,000 electric vehicle batteries.

Key Market Trends & Insights

 

• Asia Pacific is expected to account for the largest revenue share of over 40.0% in 2023. Asia Pacific is also expected to register the fastest CAGR over the forecast period. Countries, such as China, India, Australia, and Japan, are expected to witness high growth rates owing to rising demand from growing end-use industries, such as automotive, consumer electronics, and industrial.
• North America occupied a significant revenue share in 2023, with the U.S. being a major contributor to industry growth. A surge in usage of li-ion batteries in smartphones to extend their shelf life and enhance their efficiency is expected to drive growth of the market in North America in the coming years.
• Based on chemistry, the lead-acid segment dominated the market for a revenue share of more than 84.0% in 2023.Lead-acid batteries are suitable for recycling compared to other batteries owing to an extensive usage of reusable lead and plastics for manufacturing. Battery recycling companies collect used batteries from consumers for recycling and reusing purposes. Used batteries are first broken into pieces. Plastics are sent for recycling into a plastic recycler and then given shape by process of extrusion.
• Based on application, the transportation segment dominated the market for the largest revenue share of more than 73.0% in 2023.Lithium-ion, lead-acid, and nickel metal hydride batteries are extensively used in the transportation industry. Various types of lead-acid batteries such as flooded and valve-regulated types are used as automotive batteries. These batteries are robust, low maintenance, cheap, corrosion-resistant, and durable. Hence, lead-acid batteries hold the largest applications among the rest of the battery chemistries available in the market.

 

Order a free sample PDF of the Battery Recycling Market Intelligence Study, published by Grand View Research.

 

Market Size & Forecast

• 2023 Market Size: USD 1.83 Billion
• 2030 Projected Market Size: USD 17.08 Billion
• CAGR (2024-2030): 37.6%
• Asia Pacific: Largest market in 2023

 

Key Companies & Market Share Insights

Market is highly competitive and consolidated due to the presence of a large number of well-established players. Dominant trend in operations of these battery recycling companies includes collaborations, mergers & acquisitions, and expansions, which facilitate competition in the industry. 
In November 2023, Redwood Materials announced their expansion for battery recycling in line with the increasing demand for recycling of electric vehicle batteries.

 

Key Players

• Call2Recycle
• Exide Technologies
• Gravita India Ltd.
• Glencore
• Cirba Solutions
• American Battery Technology Company
• Gopher Resource
• East Penn Manufacturing Co.
• Aqua Metals

 

Conclusion

The battery recycling market is poised for significant expansion, driven by increasing battery demand from the EV sector and supportive regulatory frameworks. As environmental concerns continue to rise, the emphasis on recycling and sustainable practices will play a crucial role in shaping the industry's future. With major regions like North America and Asia Pacific leading the charge, the market is likely to see innovative solutions and technologies emerge to meet the growing challenges and opportunities in battery recycling.

 

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.

Alternative Fuels Market: The Role of Technology in Fuel Production

 The global alternative fuels market was valued at USD 294.0 million in 2024 and is anticipated to reach USD 512.4 million by 2030, growing at a CAGR of 9.8% from 2025 to 2030. This growth is fueled by the rising demand for cleaner and more sustainable energy sources.

Governments around the world are enacting stringent environmental regulations and establishing ambitious carbon reduction targets, prompting industries and consumers to embrace alternative fuels. This transition is crucial as governments aim to lower greenhouse gas emissions and reduce reliance on fossil fuels. Consequently, investments in the research and development of alternative fuels like biofuels, hydrogen, and electric fuels are expected to increase significantly in the coming years.

Another significant factor driving industry growth is the rapid technological advancements in fuel production and infrastructure. New technologies are enhancing the efficiency, accessibility, and cost-competitiveness of alternative fuel options compared to traditional fuels. For instance, improvements in battery technology are boosting the efficiency and range of electric vehicles, making them more appealing to consumers. Likewise, innovations in biofuel production are enhancing the sustainability of biofuels by utilizing waste materials and agricultural by-products, thereby reducing environmental impact and production costs.

Key Market Trends & Insights

• Asia Pacific led the global alternative fuels market in 2024, holding the largest revenue share of over 43.0%. This leadership is primarily attributed to the region's rapid economic growth, increasing industrialization, and heightened demand for cleaner energy sources.

• The U.S. alternative fuels market is experiencing substantial growth, mainly driven by government initiatives and incentives aimed at lowering carbon emissions.

• The industry is categorized by type into natural gas, biodiesel, ethanol, hydrogen, and others. Natural gas emerged as the largest segment, accounting for over 31.04% of the market share in 2024.

• By end-use, the market is divided into transportation, chemical, agricultural, industrial, and others. The transportation segment was the largest, capturing more than 53.0% of the global alternative fuels market share in 2024.

• In terms of vehicle type, the industry is segmented into light commercial vehicles, heavy commercial vehicles, and luxury vehicles. The light commercial vehicle segment emerged as the largest, holding over 54.0% of the market share in 2024.

Order a free sample PDF of the Alternative Fuels Market Intelligence Study, published by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 294.0 Million
• 2030 Projected Market Size: USD 512.4 Million
• CAGR (2025-2030): 9.8%
• Asia Pacific: Largest market in 2024

Key Companies & Market Share Insights

The competitive landscape of the alternative fuels market is rapidly changing, fueled by the increasing global demand for sustainable energy solutions in sectors such as transportation, industry, and agriculture. Key participants include both established energy giants and new startups, all vying to leverage the rising trend toward cleaner fuels like biofuels, hydrogen, natural gas, and electric vehicles (EVs). Market dynamics are influenced by government policies and incentives that promote renewable energy technologies, encouraging innovation and investment in alternative fuel solutions. Companies in the Asia Pacific region, especially in China and Japan, are at the forefront of developing and adopting alternative fuels, while North America and Europe concentrate on enhancing domestic production capabilities and decreasing reliance on foreign sources. Forming strategic partnerships with automotive manufacturers, energy providers, and infrastructure developers is becoming essential for strengthening market positions, as price competition, technological advancements, and regulatory compliance continue to enhance market competitiveness.

• In April 2023, Iwatani Corporation entered into an agreement with the New Energy and Industrial Technology Development Organization (NEDO) for a project aimed at the technical development of hydrogen systems and creating a business model for energy reuse.

• In April 2023, Linde plc announced a long-term agreement with Evonik, a specialty chemicals manufacturer, to distribute and supply green hydrogen in Singapore. This agreement is expected to help Linde plc expand its presence in the Asia Pacific market to meet the rising demand for hydrogen in the region.

Key Players

• BP Plc
• Sasol Ltd.
• General Electric Company
• EI DuPont
• ExxonMobil Corporation.
• Cosan
• Gushan Environmental Energy
• Archer Daniel Midland
• Neste
• INEOS Enterprises

Browse Horizon Databook for Global Alternative Fuels Market Size & Outlook

Conclusion

Governments are implementing strict environmental regulations and carbon reduction targets, encouraging the adoption of alternative fuels. This shift is expected to boost investments in biofuels, hydrogen, and electric fuels significantly. Technological advancements in fuel production and infrastructure are enhancing efficiency and cost-competitiveness, particularly in electric vehicle battery technology and sustainable biofuel production using waste materials.