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 8.8% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 2256.9 million. The global indoor air quality meters market is experiencing significant growth due to the increasing adoption of green buildings, which prioritize indoor air quality as a key factor in determining occupant health, comfort, and productivity. Regulations governing local air pollution vary by country, necessitating the use of indoor air quality monitoring technologies. Green building initiatives, including air quality management, ventilation optimization, humidity control, and indoor dust and gas level monitoring, are driving market expansion. Green buildings, recognized for their sustainable and high-performance design, focus on efficient use of resources and architectural designs that promote 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 |
181 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.8% |
Market growth 2024-2028 |
USD 2256.9 million |
Market structure |
market_structure.ucfirst |
YoY growth 2023-2024(%) |
7.49 |
Key countries |
US, China, UK, Germany, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
Indoor Air Quality Meters Market: Measuring and Improving Airborne Particles, VOCs, and CO2 Levels in Buildings The Indoor Air Quality Meters Market focuses on technologies that measure and manage Airborne Particles, Volatile Organic Compounds (VOCs), and Carbon Dioxide (CO2) levels in indoor environments. Sensor Calibration, Data Visualization, and Air Quality Reports facilitate Air Quality Improvement, Indoor Environment Control, and Building Performance Optimization. Sustainable Building Practices, Indoor Climate Control, and Air Quality Awareness are key drivers. Regulations, Legislation, and Certification ensure Workplace Safety and Health Risk Assessment. Smart Building Technologies, including Smart Sensors, Low-power Sensors, Sensor Networks, Edge Computing, Cloud Data Storage, and Remote Access, enable Real-time Data Analysis, Automated Reporting, User-friendly Interfaces, Mobile App Access, Data Security, and Data Privacy.
Indoor Air Quality (IAQ) meters are specialized tools used within the Air Quality Monitoring segment of the global market. These meters are essential for measuring and assessing the quality of air within enclosed spaces, ensuring compliance with regulatory standards and maintaining optimal health conditions. IAQ meters incorporate various sensors, such as Particle Sensors for measuring particulate matter, VOC Sensors for Volatile Organic Compounds, and CO2 Sensors for carbon dioxide levels. The market for IAQ meters falls under the Small Household Appliances category within the global household appliances market, which also includes other appliances like water purifiers and humidifiers. This segment generates revenue for manufacturers producing these appliances and related products. The market's growth is driven by increasing awareness of indoor air pollution and its health effects, as well as stringent regulations.. 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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