Market Overview:
The global indoor air quality monitoring solution market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about the importance of indoor air quality and rising concerns about health and safety among consumers. Additionally, growing demand for portable indoor air quality monitors is also propelling the growth of this market. However, high installation and maintenance costs may restrain the growth of this market to some extent during the forecast period. On basis of type, fixed indoor air quality monitors held a larger share in 2017 and are expected to continue its dominance during the forecast period as well. This can be attributed to their low cost as compared to portable monitors and easy installation process.
Product Definition:
Indoor air quality monitoring solution is used to measure and monitor the quality of air inside a building or home. The importance of indoor air quality monitoring is that it can help identify and solve problems with the air quality in a building, which can improve the comfort and health of the people who live or work there.
Fixed:
The global fixed, it's usage and growth factor in indoor air quality monitoring solution market size was valued at USD 6.5 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period on account of increasing need for real-time environmental monitoring coupled with growing health awareness among people across the world.
Portable:
Portable air quality monitor is a device used to measure the concentration of pollutants in indoor environments. It is also capable of measuring the concentration of gases such as oxygen, carbon dioxide, and nitrogen oxide among others. The portable air quality monitor consists of two parts - sensor and transmitter which are connected by wireless technology. The transmitter part has an ability to send real-time data about the ambient environment including temperature, humidity along with pollutant concentrations to an application on mobile phone or tablet etc.
Application Insights:
The commercial sector accounted for the largest share of over 70.0% in 2017 and is expected to continue its dominance over the forecast period. The growing number of hospitals, hotels, restaurants and other food processing industries are driving the demand for continuous monitoring systems in this segment. Furthermore, government initiatives such as Clean Air Zones (CAZ) across various countries are promoting investments by companies operating in these zones which is further driving market growth. For instance, a company called DBTECH developed an air purification system that meets EPA standards after receiving funding from India¢â‚¬â„¢s Department of Science & Technology through Indiaspace technology incubators program to establish itself as a reliable supplier in clean air technologies industry globally.
Residential application segment is expected to expand at CAGR of XX% from 2018 to 2030 owing to rising awareness about indoor pollutants including VOCs, particulate matter (PM), carbon monoxide (CO).
Regional Analysis:
Asia Pacific region dominated the global indoor air quality monitoring solution market in 2016 and is expected to continue its dominance over the forecast period. This can be attributed to growing industrialization, rapid urbanization, and increasing population across this region. In addition, countries such as China and India are witnessing high levels of pollution due to various factors such as vehicular emissions, coal burning for cooking purposes or industrial processes etc. These factors are creating a need for Indoor Air Quality Monitoring (IAQM) solutions in this region which will lead to an increase in demand for sensors & software components that can measure pollutants inside buildings’ premises thereby driving growth of the regional market during the forecast period.
Europe also accounted for a significant share of revenue generated by indoor air quality monitoring solution industry owing to growing awareness about health risks associated with exposureto outdoor particulates at work place or while commuting coupled with stringent government regulations regarding emission control standards 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 demand for indoor air quality monitoring solutions.
- Rapid urbanization and growing construction activities are leading to an increase in the number of buildings, which are resulting in poor indoor air quality. This is fueling the demand for indoor air quality monitoring solutions.
- The increasing adoption of green building concepts is also contributing to the growth of the market for indoor air quality monitoring solutions.
- Stringent government regulations pertaining to ambient air pollution levels are prompting organizations to adopt effective indoor air quality monitoring solutions in order to ensure compliance with these regulations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Indoor Air Quality Monitoring Solution Market Research Report
By Type
Fixed, Portable
By Application
Residential, Commercial, Industrial
By Companies
Testo SE, Airthings, 3M, Vaisala, Honeywell International, Graywolf Sensing Solutions, E Instruments International, Renesas Electronics, InsightAir, IOT Factory, Aeroqual, Fluke Corporation, ROTRONIC, TSI, Awair, Dwyer Instruments, Extech, Critical Environment Technologies, Emerson Electric, Thermo Fisher Scientific
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Indoor Air Quality Monitoring Solution Market Report Segments:
The global Indoor Air Quality Monitoring Solution market is segmented on the basis of:
Types
Fixed, Portable
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
Residential, Commercial, Industrial
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:
- Testo SE
- Airthings
- 3M
- Vaisala
- Honeywell International
- Graywolf Sensing Solutions
- E Instruments International
- Renesas Electronics
- InsightAir
- IOT Factory
- Aeroqual
- Fluke Corporation
- ROTRONIC
- TSI
- Awair
- Dwyer Instruments
- Extech
- Critical Environment Technologies
- Emerson Electric
- Thermo Fisher Scientific
Highlights of The Indoor Air Quality Monitoring Solution 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:
- Fixed
- Portable
- By Application:
- Residential
- Commercial
- Industrial
- 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 Monitoring Solution 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.
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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?
An indoor air quality monitoring solution is a device or system that can be used to measure the levels of pollutants in an indoor environment. These systems can be used to help identify potential sources of pollution and make changes to improve air quality.
Some of the key players operating in the indoor air quality monitoring solution market are Testo SE, Airthings, 3M, Vaisala, Honeywell International, Graywolf Sensing Solutions, E Instruments International, Renesas Electronics, InsightAir, IOT Factory, Aeroqual, Fluke Corporation, ROTRONIC, TSI, Awair, Dwyer Instruments, Extech, Critical Environment Technologies, Emerson Electric, Thermo Fisher Scientific.
The indoor air quality monitoring solution market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Indoor Air Quality Monitoring Solution 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 Monitoring Solution Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Indoor Air Quality Monitoring Solution 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 Monitoring Solution 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 Monitoring Solution Market Size & Forecast, 2018-2028 4.5.1 Indoor Air Quality Monitoring Solution Market Size and Y-o-Y Growth 4.5.2 Indoor Air Quality Monitoring Solution Market Absolute $ Opportunity
Chapter 5 Global Indoor Air Quality Monitoring Solution 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 Indoor Air Quality Monitoring Solution Market Size Forecast by Type
5.2.1 Fixed
5.2.2 Portable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Indoor Air Quality Monitoring Solution 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 Indoor Air Quality Monitoring Solution Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Indoor Air Quality Monitoring Solution 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 Monitoring Solution 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 Indoor Air Quality Monitoring Solution Analysis and Forecast
9.1 Introduction
9.2 North America Indoor Air Quality Monitoring Solution 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 Indoor Air Quality Monitoring Solution Market Size Forecast by Type
9.6.1 Fixed
9.6.2 Portable
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 Indoor Air Quality Monitoring Solution Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
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 Indoor Air Quality Monitoring Solution Analysis and Forecast
10.1 Introduction
10.2 Europe Indoor Air Quality Monitoring Solution 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 Indoor Air Quality Monitoring Solution Market Size Forecast by Type
10.6.1 Fixed
10.6.2 Portable
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 Indoor Air Quality Monitoring Solution Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
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 Indoor Air Quality Monitoring Solution Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Indoor Air Quality Monitoring Solution 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 Indoor Air Quality Monitoring Solution Market Size Forecast by Type
11.6.1 Fixed
11.6.2 Portable
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 Indoor Air Quality Monitoring Solution Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
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 Indoor Air Quality Monitoring Solution Analysis and Forecast
12.1 Introduction
12.2 Latin America Indoor Air Quality Monitoring Solution 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 Indoor Air Quality Monitoring Solution Market Size Forecast by Type
12.6.1 Fixed
12.6.2 Portable
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 Indoor Air Quality Monitoring Solution Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
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) Indoor Air Quality Monitoring Solution Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Indoor Air Quality Monitoring Solution 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) Indoor Air Quality Monitoring Solution Market Size Forecast by Type
13.6.1 Fixed
13.6.2 Portable
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) Indoor Air Quality Monitoring Solution Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
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 Monitoring Solution Market: Competitive Dashboard
14.2 Global Indoor Air Quality Monitoring Solution Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Testo SE
14.3.2 Airthings
14.3.3 3M
14.3.4 Vaisala
14.3.5 Honeywell International
14.3.6 Graywolf Sensing Solutions
14.3.7 E Instruments International
14.3.8 Renesas Electronics
14.3.9 InsightAir
14.3.10 IOT Factory
14.3.11 Aeroqual
14.3.12 Fluke Corporation
14.3.13 ROTRONIC
14.3.14 TSI
14.3.15 Awair
14.3.16 Dwyer Instruments
14.3.17 Extech
14.3.18 Critical Environment Technologies
14.3.19 Emerson Electric
14.3.20 Thermo Fisher Scientific