Global Indoor Air Quality Monitor Market - By Pollutant Type (Physical, Biological, And Chemical), By Product (Portable Indoor Monitor And Fixed Indoor Monitors), By End-User Application (Industrial, Government Buildings, Residential, And Commercial), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Global Indoor Air Quality Monitor market, which was estimated at 2.12 (USD Billion) in 2019 and is predicted to accrue earnings worth 5.09 (USD Billion) by 2026, is set to record a CAGR of nearly 8.9% over 2020-2026.

20-Oct-2020 | Number of pages: 110 | Report Code: ZMR-1769 | Report Format : | Status : Published

Abstract

The global Indoor Air Quality Monitor market, which was estimated at 2.12 (USD Billion) in 2019 and is predicted to accrue earnings worth 5.09 (USD Billion) by 2026, is set to record a CAGR of nearly 8.9% over 2020-2026. The report offers valuation and analysis of Indoor Air Quality Monitor market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

Introduction

Indoor air quality is the key factor that affects health and comfort of the tenants or residents of the building. Furthermore, the key aim of the air quality monitoring is to protect the people as well as the environment from air pollution. Additionally, a large number of persons spent a major part of their time indoors during emergencies, lockdowns, and old age or disease. Air impurities can result in the allergies and respiratory ailments in such persons and hence there is a need for detecting the air quality indoors. This is likely to add towards the global popularity of indoor air quality equipment.

Moreover, owners of the building and facility & admin personnel are likely to deploy air quality monitors in commercial as well as residential constructions to help the inhabitants & occupants breathe clean air and stay in good health. Apparently, indoor air quality monitors are utilized for determining the proportion of pollutants present in external environment and in the house. The product can detect the bacteria in the air pollutant and can help in preventing airborne diseases. Furthermore, it helps in detecting sulfur particulates, carbon particulates, and nitrogen particulates as well as volatile organic composites present in air in the form of impurities.

Market Growth Drivers

Public awareness pertaining to air pollution and its impact on health as well as environment will prompt the business growth over the forecasting timespan. In addition to this, surge in the smart home constructions and rise in the trend of installing indoor air pollution monitors will proliferate the expansion of indoor air quality monitor industry over the estimated timeframe. Furthermore, increase in the fund allocation for research activities to manufacture devices used for monitoring air pollution is predicted to generate new growth avenues for the market over the forthcoming years.

Apparently, a prominent rise in the number of government schemes initiated & aimed at creating healthy & pollution-free environment in the factories will generate a plethora of growth opportunities for market in the years ahead. In addition to this, growing health awareness coupled with the need for reducing the environmental pollution has resulted in massive product demand across the globe. Apart from this, growing trend of green constructions has further added to the market size in the recent years. Nonetheless, bulging prices of the product and high maintenance costs can prove to be detrimental to the growth of the market in the upcoming years.

North America To Retain Market Dominance Over 2020-2026

The growth of the indoor air quality monitor industry in North America over the period from 2020 to 2026 is ascribed to launching of new indoor air quality monitors, embedding of new features in the particulate sensors & gas analyzers, and supportive government policies in the countries like the U.S. In addition to this, a prominent increase in respiratory ailments witnessed in the region will contribute majorly towards the regional market share over the assessment period. In addition to this, growing awareness about green environment and health & fitness will enhance the product penetration in the countries like Canada and the U.S.

Key players profiled in the report include TSI, Inc., Siemens AG, Nest Labs Inc., Thermo Fisher Scientific, Inc., HORIBA, Ltd., 3M Company, Testo AG, Emerson Electric Co., Ingersoll Rand Plc., and Aeroqual.

The global indoor air quality monitor market is segmented as follows:

By Product

  • Fixed Indoor Monitors
  • Portable Indoor Monitors

By Pollutant Type

  • Chemical Pollutant
  • Physical Pollutant
  • Biological Pollutant

By End-Use Application

  • Government Buildings
    • Government Offices
    • Government Schools
    • Others
  • Industrial
    • Oil and Petrochemical
    • Chemical Plants
    • Power Plants
    • Manufacturing
    • Others
  • Private Establishments
    • Private Offices
    • Private Schools
    • Others
  • Commercial
    • Malls
    • Hotels
    • Departmental Stores
    • Restaurants and Cafes
  • Residential
    • Society Apartments
    • Private Houses
  • Others
    • Wearable
    • In-Vehicle

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

Public awareness pertaining to air pollution and its impact on health as well as environment will prompt the business growth over the forecasting timespan. In addition to this, surge in the smart home constructions and rise in the trend of installing indoor air pollution monitors will proliferate the expansion of indoor air quality monitor industry over the estimated timeframe. Furthermore, increase in the fund allocation for research activities to manufacture devices used for monitoring air pollution is predicted to generate new growth avenues for the market over the forthcoming years.

According to Zion market research report, the global Indoor Air Quality Monitor market, which was estimated at 2.12 (USD Billion) in 2019 and is predicted to accrue earnings worth 5.09 (USD Billion) by 2026, is set to record a CAGR of nearly 8.9% over 2020-2026.

North America is likely to make noteworthy contributions towards overall market revenue. The growth of the market in the region over 20520-2026 can be credited to launching of new indoor air quality monitors, embedding of new features in the particulate sensors & gas analyzers, and supportive government policies in the countries like the U.S. In addition to this, a prominent increase in respiratory ailments witnessed in the region will contribute majorly towards the regional market share over the assessment period.

The key players profiled in the report include TSI, Inc., Siemens AG, Nest Labs Inc., Thermo Fisher Scientific, Inc., HORIBA, Ltd., 3M Company, Testo AG, Emerson Electric Co., Ingersoll Rand Plc., and Aeroqual.

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