Indoor Air Quality Meters Market Size to grow by USD 2256.9 million between 2024-2028
According to a research report “ Indoor Air Quality Meters Market” by Product (Fixed, Portable) End-user (Government, Commercial and residential, Energy and pharmaceuticals, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 2256.9 million, at a CAGR of 8.8% during the forecast period. In developing nations, a significant portion of the population relies on low-quality fuels for cooking and heating in poorly ventilated indoor spaces. This practice disproportionately affects the low socioeconomic status population, particularly in Africa and South Asia. More than half of these nations' residents utilize solid fuels such as wood, charcoal, coal, cow dung, and crop waste on traditional stoves and open fires. The resulting air quality in these confined areas is compromised due to insufficient ventilation and the emission of harmful pollutants from burning these fuels. Women and young children, who spend a considerable amount of time indoors, are most susceptible to the adverse health effects of inhaling these gases.
Browse market data tables, figures, and in-depth TOC on “Indoor Air Quality Meters Market” by Product (Fixed, Portable) End-user (Government, Commercial and residential, Energy and pharmaceuticals, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By Product, the Fixed segment is projected to dominate the market size in 2024
In response to the escalating industrial and commercial activities and expanding vehicular populations in urban areas, government agencies are implementing measures to mitigate the impact on air quality. This includes the installation of both ambient air quality monitoring stations and indoor air quality meters in offices and high-traffic locations. Utilizing advanced monitoring technology, such as lab-grade beta attenuation mass meters, enables governments to collect highly accurate air quality data over a broader range, informing targeted actions aimed at minimizing public exposure to pollution.
By End-user, Government segment is expected to hold the largest market size for the year 2024
Indoor air quality (IAQ) regulations remain fragmented and incomplete, with both the government and regulatory bodies, such as OSHA, actively working on drafting new rules and guidelines. These initiatives aim to address the health concerns associated with subpar IAQ, driving market growth for manufacturers providing monitoring and pollutant removal solutions. The real estate sector's space crunch, resulting from increased construction, has led to buildings being constructed in close proximity, exacerbating the need for effective IAQ management systems. OSHA, as a regulatory group, plays a crucial role in enforcing IAQ standards and raising awareness about potential health hazards. This regulatory landscape presents a significant opportunity for businesses specializing in indoor air quality solutions.
North America is forecasted to hold the largest market size by region in 2024
Indoor air quality (IAQ) meters are essential tools for businesses seeking to ensure a healthy and productive work environment. These devices measure various pollutants, including volatile organic compounds (VOCs), carbon dioxide, and particulate matter, to help companies maintain optimal IAQ levels. The global market for IAQ meters is expected to grow significantly due to increasing awareness of indoor environmental health and stricter regulations. Businesses investing in IAQ meters can enhance employee well-being, reduce absenteeism, and improve overall operational efficiency.
The Indoor Air Quality Meters Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
Indoor air quality (IAQ) meters have gained significant importance in recent years due to the growing concern over indoor air pollution. The residential category is a major market for IAQ meters as homeowners seek to ensure a healthy living environment. IAQ meters measure various parameters such as temperature, humidity, and particulate matter (PM). Fixed IAQ monitors and wireless IAQ monitors are popular choices for homeowners, while multi-parameter monitors with chemical sensors cater to industries like petrochemical and academic institutes. IAQ meters are also used by government agencies for monitoring pollutants. Sampling methods and monitoring stations play a crucial role in data management. Advanced AQM systems using nanotechnology and wearable monitors are emerging trends. Public awareness and funding from both public and private sectors are driving the growth of the Indoor Air Quality Meters Market. Air pollution from outdoor sources also influences indoor air quality, making it essential to monitor both indoor and outdoor air quality.
Market Research Overview
The Indoor Air Quality (IAQ) Meters Market is experiencing significant growth due to the increasing awareness of the health impacts of indoor air pollution. IoT technology plays a crucial role in this market, enabling data analytics and real-time monitoring of air quality variations. Sensor technologies, such as chemical sensors for detecting contaminants like CO2, allergens, and PM, are integrated into smart building technologies to ensure optimal ventilation, temperature, and humidity levels. Industrialization and pollution levels in industries like power generation plants, petrochemical industry, and academic institutes have led to a rise in demand for IAQ monitors. Homeowners are also investing in fixed and wireless IAQ monitors for their smart home systems to monitor temperature, humidity, and air quality. Advanced AQM systems using nanotechnology and data management tools are being developed to detect pollutants and monitor pollution levels in real-time. Smart city authorities and government agencies are investing in monitoring stations to ensure public health and safety. Wearable monitors and outdoor monitors are also gaining popularity for personal health monitoring. Public awareness and funding from private and public sources are driving the growth of the IAQ meters market.
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