The Indoor Air Quality Meters Market is being driven by Increased health concerns
The Indoor Air Quality Meters Market is expected to grow at a CAGR of 8.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2407.4 million. The global indoor air quality meters market is experiencing significant growth due to the increasing adoption of green buildings. Indoor air quality is a critical factor in determining the health, comfort, and productivity of building occupants. Regulations vary by country for characterizing and monitoring local air pollution. The implementation of green building technologies, including air quality monitoring, ventilation management, humidity control, and indoor dust and gas level management, is driving market expansion. Green buildings, recognized as sustainable and high-performance structures, prioritize architectural designs for efficient use of resources and optimal indoor air quality.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
225 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.7% |
Market growth 2025-2029 |
USD 2407.4 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
7.9 |
Key countries |
US, China, UK, Canada, Germany, Japan, South Korea, France, Brazil, India, US, China, UK, Germany, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Indoor Air Quality (IAQ) Meters Market encompasses sensors with high accuracy and calibration for measuring IAQ. Sensor longevity is crucial, along with data visualization and interpretation through Air Quality Index (AQI), sensor networks, and air quality management systems. IAQ improvement includes air purification, control, and optimization of occupancy and airflow for energy savings. Health risks, allergy prevention, and asthma management are addressed, as well as sick building syndrome prevention. IAQ meters provide microbial detection and VOCs analysis using techniques like gas chromatography, mass spectrometry, electrochemical sensors, and optical sensors. Low-power consumption, portable and handheld meters, multi-parameter meters, data storage, security, cloud computing, edge computing, and big data analytics are essential features.
Indoor air quality (IAQ) monitoring is a significant subsegment of the global household appliances market. This segment encompasses the sales revenue generated by manufacturers of air quality meters and related products. IAQ monitoring involves the detection of particles and volatile organic compounds (VOCs) to ensure healthy living environments. The market for IAQ monitoring solutions is a subset of the major household appliances segment, which also includes other appliances like water heaters, refrigerators, and washing machines. The global household appliances market, excluding television sets, consumer electronics, personal computers, machine tools, agriculture equipment, and garden improvement tools, is segmented into major household appliances, small household appliances, hand tools, power tools, and indoor air quality monitoring.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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