The Indoor Air Quality (IAQ) Solution Market is being driven by New air quality product launches
The Indoor Air Quality (IAQ) Solution Market is expected to grow at a CAGR of 6.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 13.9 billion. Indoor air quality (IAQ) has emerged as a significant concern due to the alarming rise in indoor pollution levels, which are now reported to be twice that of outdoor air. With approximately 90% of the global population spending a substantial amount of time indoors, the demand for effective IAQ solutions is surging. This trend is particularly noticeable in industries such as real estate, education, and healthcare, where maintaining optimal indoor air quality is essential. Technological advancements, including IoT-based monitoring systems and cyber-physical systems for real-time IAQ monitoring, are driving the growth of the IAQ solution market. Moreover, the integration of Industry 4.0 principles in indoor air quality management systems is gaining traction in manufacturing industries and power plants, where employee health and safety are paramount. The demand for portable IAQ monitors is also on the rise, as individuals and businesses seek to take proactive measures to ensure the health and wellbeing of their workforces and families. Overall, the IAQ solution market is poised for significant growth in the coming years, as the importance of maintaining healthy indoor environments becomes increasingly recognized.
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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 |
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Report Coverage |
Details |
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Page number |
203 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.9% |
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Market growth 2025-2029 |
USD 13.9 billion |
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Market structure |
fragmentation |
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YoY growth 2024-2025(%) |
6.3 |
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Key countries |
US, China, UK, Japan, Brazil, Germany, South Korea, Canada, Saudi Arabia, France, UAE, US, China, UK, Japan, Brazil, Germany, South Korea, Canada, Saudi Arabia, and France |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Indoor Air Quality (IAQ) solutions encompass various technologies and systems designed to enhance and maintain healthy indoor environments. These include HVAC systems, HEPA filters, IAQ management systems, building automation, and WELL Building Standards. Air pollution monitoring is crucial, with portable indoor monitors detecting pollutant types such as chemical, physical, and biological contaminants. Public-private funding supports research and implementation of solutions like air purifiers, ventilation systems, air filters, UV lamps, carbon monoxide alarms, and PM sensors. Regulations ensure compliance with air quality standards, addressing concerns from pollutants like ozone generators and chemical, physical, and biological agents.
The Indoor Air Quality (IAQ) Solution Market encompasses offerings from manufacturers supplying systems and technologies that enhance and maintain optimal air quality within commercial and residential buildings. Key components of this market include HVAC systems, HEPA filters, IAQ management systems, and building automation. HVAC systems regulate temperature and humidity, while HEPA filters trap airborne pollutants. IAQ management systems monitor and control air quality, and building automation integrates these systems for energy efficiency and occupant comfort. Adherence to WELL Building Standards further boosts market growth, prioritizing human health and productivity. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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