Authored By: Sarah
20 Jun 2024

 Indoor Air Quality (Iaq) Solution Market to grow by USD 12.4 billion between 2024-2028

According to a research report “ Indoor Air Quality (Iaq) Solution Market” by Product (Equipment, Services) Type (Fixed, Portable) 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 12.4 billion at a CAGR of  6.61% during the forecast period. The Indoor Air Quality (IAQ) solution market is experiencing significant growth due to new product launches and technological advancements. Notable vendors, such as Trane Technologies and Daikin Industries Ltd., have introduced innovative offerings. Trane's Wellsphere Digital IEQMS provides building managers actionable insights for healthier indoor spaces, while Daikin's new air purifier series caters to the Middle East and Africa region. These developments underscore the industry's commitment to enhancing air quality and promoting occupant well-being..

Browse market data tables, figures, and in-depth TOC on “Indoor Air Quality (Iaq) Solution Market” by Product (Equipment, Services) Type (Fixed, Portable) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028.

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By Product, the Equipment segment is projected to dominate the market size in 2024.

In the business realm, the Indoor Air Quality (IAQ) Solution Market holds significant importance due to the increasing awareness of employee health and productivity. Companies are investing in advanced technologies, such as air filtration systems and biophilic design, to enhance IAQ and foster a healthier work environment. This proactive approach not only benefits employees but also reduces potential absenteeism and associated costs.

By Type, Fixed  segment is expected to hold the largest market size for the year 2024.

In the business realm, the Indoor Air Quality (IAQ) Solution Market holds significant importance due to the increasing awareness of employee health and productivity. Companies are investing in advanced technologies, such as air filtration systems and biophilic design, to enhance IAQ and foster a healthier work environment. This proactive approach not only benefits employees but also reduces potential absenteeism and associated costs.

North America is forecasted to hold the largest market size by region in 2024.

In the business realm, the Indoor Air Quality (IAQ) Solution Market holds significant importance due to the increasing awareness of employee health and productivity. Companies are investing in advanced technologies, such as air filtration systems and biophilic design, to enhance IAQ and foster a healthier work environment. This proactive approach not only benefits employees but also reduces potential absenteeism and associated costs.

The Indoor Air Quality (Iaq) Solution 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:

  • 3M Co.
  • Aeroqual Ltd.
  • Camfil AB
  • Carrier Global Corp.
  • ClimateCare
  • Daikin Industries Ltd.
  • Ferguson plc
  • Germguard Technologies M Sdn. Bhd.
  • Honeywell International Inc.
  • Johnson Controls International Plc.
  • Lennox International Inc.
  • LG Electronics Inc.
  • MANN HUMMEL International GmbH and Co. KG
  • Panasonic Holdings Corp.
  • Perfect Pollucon Services
  • Sensirion AG
  • SGS SA
  • Spectro Analytical Labs Pvt. Ltd.
  • Trane Technologies Plc
  • UL Solutions Inc.
.

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Research Analysis Overview

Indoor Air Quality (IAQ) solutions have gained significant attention due to the rising concerns over air quality regulations and the impact of pollutants on human health. The market encompasses various technologies designed to mitigate different types of pollutants, including biological, physical, and chemical pollutants. Key solutions include ozone generators, carbon monoxide alarms, ultraviolet (UV) lamps, dehumidifiers, air filters, ventilation systems, humidifiers, air purifiers, and portable indoor monitors. These technologies address pollutant types such as particulate matter (PM), volatile organic compounds (VOCs), and biological contaminants. IAQ management systems, building automation, and LEED certification are also integral to the market, incorporating technologies like UVGI, HEPA filters, HVAC systems, and WELL Building Standards to ensure optimal indoor air quality. Public-private funding and air pollution monitoring initiatives further drive the growth of the IAQ solution market.

Market Research Overview

Indoor Air Quality (IAQ) solutions play a crucial role in ensuring the health and well-being of occupants in various establishments, including residential buildings, commercial establishments, and industrial establishments. IAQ issues can arise from various pollutant types, such as biological, physical, and chemical pollutants. To mitigate these issues, several technologies are employed, including air filters, ventilation systems, humidifiers, air purifiers, and carbon monoxide alarms. Ozone generators and ultraviolet (UV) lamps are used to eliminate biological pollutants, while dehumidifiers and humidifiers help maintain optimal humidity levels. Air quality sensors and portable indoor monitors are essential for IAQ monitoring and management. New equipment, such as IAQ management systems and HEPA filters, are integrated into HVAC systems to ensure efficient air filtration and circulation. Government buildings, long-term care communities, hotels and restaurants, office buildings, retail, schools and universities, general manufacturing, power and energy, chemical, coal and mining, oil and gas, apartments, private homes, and others all benefit from these IAQ solutions. Public-private funding and building automation are essential for the implementation and maintenance of these systems, adhering to air quality regulations and certifications like WELL Building Standards, LEED, and IAQM.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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