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Product Overview
The wellbeing, comfort, and health of the people inside the building is affected by indoor air quality. The nearby air pollution has its own set of regulations characterized and monitored in countries around the world. The air quality monitoring system is aimed at preventing hazardous air pollution by people and the environment. In the last few years, the market for indoor air quality monitoring systems showed substantial growth and is projected t- increase during the forecast period.
Market Highlights
Global Indoor Air Quality Market is expected t- project a notable CAGR of 10.6% in 2030.
Global Indoor Air Quality Market t- surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of 10.6% in the coming years, i.e., 2021-30. The increased public awareness of air pollution and its impact on health and the environment is one of the major elements going t- boost the market growth. Additional aspects for the market growth include rising smart home's popularity, efficient policy controls and surveillance of indoor air pollution, and increased R&D funding for appropriate air pollution monitoring.
Global Indoor Air Quality Market: Segments
Continuous segment t- grow with the highest CAGR during 2020-30
Global Indoor Air Quality Market is segmented by sampling method Type int- continuous, passive, intermittent, manual, and stack sampling. During the projected timeline, the Continuous segment is expected t- have the highest market share. The largest proportion was represented in 2020 by the continuous sampling method segment. The results are the rapid improvement of advanced sustained monitoring systems and the large installed base of air monitoring stations, which can be directly linked t- the implementation of supported government regulations on efficacious air pollution monitoring throughout other large market areas.
Government agencies segment t- grow with the highest CAGR during 2020-30
Global Indoor Air Quality Market is divided
By Application int- the pharmaceutical industry, government agencies and academic institutes, commercial and residential users, petrochemical industry, power generation plants, smart city authority, and others. The largest proportion was accounted for in 2020 by government agencies and academic institutions. The large proportion of this segment is due t- strict environmental regulation, increased government investment in efficacious AQM, and enhanced installation of AQM stations around the world.
Market Dynamics
Drivers
Increased public awareness
Increased public awareness of air pollution and its impact on health and the environment is one of the major elements going t- boost the market growth. Additional aspects for the market growth include rising smart home's popularity, efficient policy controls and surveillance of indoor air pollution, and increased R&D funding for appropriate air pollution monitoring.
Introduction of green buildings
Green buildings are increasingly being built, one of the factors that drive growth in the global air quality market. Green buildings are efficient and high-performance buildings that contribute t- the efficient use of water, electricity, and other resources t- reduce environmental stress. They als- boost the effectiveness of employees through the protection of occupants' health. High-performance buildings are being developed through the installation of air quality indoor and complex models for sources of ventilation, thus stimulating the growth of the indoor air quality market in the next few years.
Restraint
Lack of regulation
Rising cost and high maintenance of products, technical restrictions on these devices, and lack of knowledge in emerging economies are some of the key constraints on the indoor air quality monitor market.
Global Indoor Air Quality Market: Key Players
Aprilaire
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Camfil
Carrier Global Corp.
Daikin Industries Ltd.
General Filters Inc.
Gree Electric Appliances Inc.
Honeywell International Inc.
Johnson Controls International Plc
Lennox International Inc.
LG Electronics Inc.
Mann+Hummel
Munters Ab
Other Prominent Players
Global Indoor Air Quality Market: Regions
Global Indoor Air Quality Market is segmented based on regional analysis int- five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa.
During the projected timeline, APAC ought t- have the highest share in the total market for Indoor Air Quality. This market has been segmented int- China, Japan, South Korea, and APAC's Rest (RoAPAC). RoAPAC contains Singapore, Thailand, Malaysia, India, New Zealand, and Australia. China is the nation's biggest APAC market. The market for air quality control systems is divided int- four main regions: North America, Europe, Asia, and the Pacific, and the rest of the world. One of the main revenue-generating areas on the market is the Asia Pacific region. In the coming years, this market is anticipated t- witness high growth, mainly because of the large-scale industrializations in the developing APAC countries, growing tightly regulated air pollution, and constant government support t- develop and market sophisticated AQM products in that region.
Global Indoor Air Quality Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey,, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - North Africa, Israel, GCC, South Africa and Rest of MENA
Global Indoor Air Quality Market report als- contains analysis on:
Indoor Air Quality Segments:
By Sampling Method:
Continuous, passive
Intermittent
Manual
Stack sampling
By Application
Pharmaceutical industry
Government agencies and academic institutes
Commercial and residential users
Petrochemical industry
Power generation plants
Smart city authority
Others
Indoor Air Quality Market Dynamics
Indoor Air Quality Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Indoor Air Quality Market Report Scope and Segmentation:
Frequently Asked Questions
How big is the Indoor Air Quality market?
What is the Indoor Air Quality market growth?
Which segment accounted for the largest Indoor Air Quality market share?
Wh- are the key players in the Indoor Air Quality market?
What are the factors driving the Indoor Air Quality market?