Global Indoor Air Quality Monitors Strategic Markets Report 2023: Market to Reach $8.3 Billion by 2030 - Rise in Allergies Sets the Tone for Product Adoption & Market Growth


Dublin, Feb. 28, 2023 (GLOBE NEWSWIRE) -- The "Indoor Air Quality Monitors: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Indoor Air Quality Monitors Market to Reach $8.3 Billion by 2030

The global market for Indoor Air Quality Monitors estimated at US$4.5 Billion in the year 2022, is projected to reach a revised size of US$8.3 Billion by 2030, growing at a CAGR of 8% over the analysis period 2022-2030.

Fixed Indoor Monitors, one of the segments analyzed in the report, is projected to record 7.7% CAGR and reach US$5.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Portable Indoor Monitors segment is readjusted to a revised 8.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 9.6% CAGR

The Indoor Air Quality Monitors market in the U.S. is estimated at US$1.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$609.7 Million by the year 2030 trailing a CAGR of 9.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.1% and 7.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Metrics

Report AttributeDetails
No. of Pages494
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$4.5 Billion
Forecasted Market Value (USD) by 2030$8.3 Billion
Compound Annual Growth Rate8.0%
Regions CoveredGlobal

Key Topics Covered:

MARKET OVERVIEW

  • Rising Air Pollution Exposing More than of the World Population to Health Risks Provides the Foundation for the Growth of Indoor Air Quality Monitors
  • Why Indoor Air Quality Matters?
  • Global Indoor Air Pollution Related Fatalities by Health Condition
  • How Air Quality Monitoring Can Help?
  • What's the Prognosis on the Pandemic? Here's What Everyone Should Know About the Dynamics of the Ongoing Multiwave Pandemic & Its Impact on the Economy
  • With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking Amid Waning Vaccine Immunity. But How Practical Is It to Implement Them?
  • With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness, but this Strategy is Not Within Reach for Most Countries
  • Split Scenarios Unfold: The Great Vaccine Divide Emerges
  • With Low Vaccination Rates in Africa Emerging Into a Global Security Issue, Vaccine Imbalances Will Stretch the Pandemic Further into 2022
  • The Great Vaccine Controversy & Growing Anti-Vaccination Movement Aggravates the Divide Between the Vaccinated & the Unvaccinated
  • The Verdict's Out - The Pandemic Cannot Be Ended But Can be Maneuvered to Become Endemic and More Manageable
  • Amid this Prolonged Pandemic, Why Should Businesses Care About Progress on Vaccinations?
  • Competition
  • Indoor Air Quality Monitors - Global Key Competitors Percentage Market Share in 2022 (E)
  • Indoor Air Quality Monitors (IAQM): Definition, Overview & Importance
  • World Brands
  • Recent Market Activity

MARKET TRENDS & DRIVERS

  • After a Sharp Decline in 2020, Growing Understanding of the Importance of Improving Indoor Air Quality (IAQ) to Reduce Risk of COVID-19 Spread Leads to Demand Spike in 2021
  • Tracing Market Dynamics Now & Beyond
  • Rise in Allergies Sets the Tone for Product Adoption & Market Growth
  • Indoor Spaces in Residential, Commercial, Industrial & Healthcare Settings Witness Strong Demand for Indoor Air Quality Monitors
  • Rise in Smart Homes Strengthens the Business Case for Smart Indoor Air Quality Monitors
  • Smart Homes Emerge as a Disruptive Trend Enhancing Lives of Homeowners & Also Creating New Market Opportunities for Smart Indoor Air Quality Monitors: Smart Home Penetration Rate (%) by Region/Country for the Year 2022
  • Continuous Technology Innovations Remains Crucial to Future Growth
  • Stringent Regulations & Establishment of Standards to Benefit Growth in the Market
  • Role of Artificial Intelligence in Indoor Air Quality Monitors Gets Bigger
  • In Focus: IoT Based Indoor Air Quality Monitoring
  • Green Building Strategies and Focus on Ventilation Management Bodes Well
  • Role of Indoor Air Quality Monitoring in Optimizing Building Automation
  • Navigating Through Myriad Challenges is Vital for Players in the Market

FOCUS ON SELECT PLAYERS (Total 101 Featured)

  • 3M Company
  • Aeroqual Limited
  • Awair Inc.
  • Camfil AB
  • Daikin North America LLC.
  • Emerson Electric Co.
  • Horiba, Ltd.
  • Lennox International Inc.
  • Panasonic Corporation
  • Siemens AG
  • Teledyne Technologies Incorporated
  • Testo SE & Co. KGaA
  • Thermo Fisher Scientific Inc.
  • Trane Technologies plc
  • Trion, Inc.
  • TSI Incorporated

For more information about this report visit https://www.researchandmarkets.com/r/iypohs-air?w=12

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Attachment

 
Global Market for Indoor Air Quality Monitors

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