Market Overview:
The global indoor air quality market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing awareness about the importance of indoor air quality and rising demand for energy-efficient equipment. However, high installation and maintenance costs may restrain the growth of this market during the forecast period. On the basis of type, the global indoor air quality market is segmented into services and equipment. The services segment is projected to leadthe global indoor air quality market duringthe forecast period owingto its growing demand for energy-efficient equipment.
Product Definition:
Indoor air quality is the measure of the quality of air inside a building. The most important factor in indoor air quality is the amount of pollutants in the air.
Service:
Service is the invisible component in indoor air quality market which provides value to customer by improving indoor air quality. It's a process of modifying, maintaining and repairing of ventilation systems that are used to remove contaminants from exhausts. Service helps in reducing concentration of contaminants inside a building or any other structure.
It plays an important role in controlling the environment inside commercial, industrial and residential areas through proper filtration system. Ventilation system includes fans, filters service etc.
Equipment:
Equipment is used for measuring and analyzing the quality of air in indoor areas. It includes instruments, such as sensors, meters, and analyzers. The global market for equipment is expected to witness significant growth over the forecast period owing to increasing awareness among consumers regarding indoor air pollution caused by various industrial sources coupled with stringent government regulations on emission standards across the globe.
Application Insights:
The commercial application segment led the global indoor air quality market in 2017 and is projected to witness significant growth over the forecast period. Increasing number of construction projects for new commercial spaces, rapid urbanization, and rising disposable income are expected to drive the demand for air purifiers in this segment.
Residential applications include householders installing air purifiers at their homes as well as HVAC (heating, ventilation and cooling) system manufacturers incorporating these devices into their products. The increasing prevalence of allergies caused due to dust particles or animal dander inside a house coupled with growing concerns regarding indoor health is anticipated fuel product demand in this segment over the forecast period.
Rising awareness among consumers regarding cleanliness within households coupled with government initiatives encouraging installation of advanced HVAC systems is expected fuel product demand in Asia Pacific during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to rapid urbanization, increasing population, rising disposable income levels, and government initiatives for improving indoor air quality in commercial as well as residential areas. The demand for HVAC systems is also projected to increase due to climatic changes and growing energy consumption requirements of a large population. Moreover, stringent government regulations regarding Indoor Air Quality (IAQ) are anticipated to drive product adoption across numerous industries including construction, manufacturing etc., which will further propel industry growth over the next eight years.
Europe accounted for more than 25% of total market share in terms of revenue owing to high awareness levels about indoor air pollution caused by gas turbines coupled with strict emission norms set by European Union (EU).
Growth Factors:
- Increasing awareness about the importance of indoor air quality and its impact on human health is driving the market growth.
- Rising demand for energy-efficient and eco-friendly buildings is also propelling the market growth.
- Stringent government regulations pertaining to indoor air quality are motivating building owners to adopt better IAQ solutions.
- Rapid urbanization and growing construction industry are providing opportunities for market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Indoor Air Quality Market Research Report
By Type
Service, Equipment
By Application
Commercial, Residential
By Companies
Honeywell, M, Aeroqual Ltd., Camfil AB, FLUKE, Green Home Solutions, Lennox International Inc., Panasonic, Trion IAQ, TSI Inc., Dynamic AQS, Macro Technology Instruments, PPM Technology, Kanomax, AAF International, TESTO, Rotronic, CEM, Extech, E Instruments, Amphenol (Telaire), GrayWolf, DWYER, CETCI, MadgeTech, Sainawei
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Indoor Air Quality Market Report Segments:
The global Indoor Air Quality market is segmented on the basis of:
Types
Service, Equipment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell
- M
- Aeroqual Ltd.
- Camfil AB
- FLUKE
- Green Home Solutions
- Lennox International Inc.
- Panasonic
- Trion IAQ
- TSI Inc.
- Dynamic AQS
- Macro Technology Instruments
- PPM Technology
- Kanomax
- AAF International
- TESTO
- Rotronic
- CEM
- Extech
- E Instruments
- Amphenol (Telaire)
- GrayWolf
- DWYER
- CETCI
- MadgeTech
- Sainawei
Highlights of The Indoor Air Quality Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Service
- Equipment
- By Application:
- Commercial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Indoor Air Quality Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Indoor air quality is the quality of air inside a building.
Some of the key players operating in the indoor air quality market are Honeywell, M, Aeroqual Ltd., Camfil AB, FLUKE, Green Home Solutions, Lennox International Inc., Panasonic, Trion IAQ, TSI Inc., Dynamic AQS, Macro Technology Instruments, PPM Technology, Kanomax, AAF International, TESTO, Rotronic, CEM, Extech, E Instruments, Amphenol (Telaire), GrayWolf, DWYER, CETCI, MadgeTech, Sainawei.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Indoor Air Quality Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Indoor Air Quality Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Indoor Air Quality Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Indoor Air Quality Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Indoor Air Quality Market Size & Forecast, 2020-2028
4.5.1 Indoor Air Quality Market Size and Y-o-Y Growth
4.5.2 Indoor Air Quality Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Service
5.2.2 Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Indoor Air Quality Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Indoor Air Quality Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Service
9.6.2 Equipment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Service
10.6.2 Equipment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Service
11.6.2 Equipment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Service
12.6.2 Equipment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Service
13.6.2 Equipment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Indoor Air Quality Market: Competitive Dashboard
14.2 Global Indoor Air Quality Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 M
14.3.3 Aeroqual Ltd.
14.3.4 Camfil AB
14.3.5 FLUKE
14.3.6 Green Home Solutions
14.3.7 Lennox International Inc.
14.3.8 Panasonic
14.3.9 Trion IAQ
14.3.10 TSI Inc.
14.3.11 Dynamic AQS
14.3.12 Macro Technology Instruments
14.3.13 PPM Technology
14.3.14 Kanomax
14.3.15 AAF International
14.3.16 TESTO
14.3.17 Rotronic
14.3.18 CEM
14.3.19 Extech
14.3.20 E Instruments
14.3.21 Amphenol (Telaire)
14.3.22 GrayWolf
14.3.23 DWYER
14.3.24 CETCI
14.3.25 MadgeTech
14.3.26 Sainawei
