Authored By: Sarah
12 Feb 2025

Latest News- Indoor Air Quality (IAQ) Solution Market: Equipment is expected to lead the Product segment during 2025-2029

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. The indoor air quality (IAQ) solution market has experienced significant growth in recent years due to escalating indoor air pollution levels, surpassing those of outdoor air. With approximately 90% of the global population residing indoors, the demand for advanced IAQ systems is increasing. Technological innovations, such as IoT-based monitoring systems, cyber-physical systems, and advanced sensor networks, are driving the installation of IAQ systems across various applications. Furthermore, the manufacturing industry and power plants are adopting Industry 4.0-related IAQ solutions to prioritize employee health and well-being. The market for portable indoor air quality monitors is also witnessing increasing demand. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

  • Product
    • Equipment
    • Services
  • Type
    • Fixed
    • Portable
  • Pollutant Type
    • Chemical pollutants
    • Physical pollutants
    • Biological pollutants
  • Geography
    • North America
      • Canada
      • US
    • Europe
      • Germany
      • UK
      • France
    • APAC
      • China
      • Japan
      • South Korea
    • South America
      • Brazil
    • Middle East and Africa

    According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

    • New air quality product launches
    • Increasing number of government regulations and projects
    • Increased air pollution and related health concerns

    However, the market also witnesses some limitations, which are as follows:

    • High competition among market vendors
    • Lack of universal regulations on indoor air quality
    • Lack of awareness regarding indoor air pollution

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    Market Scope in Indoor Air Quality (IAQ) Solution Market Research Report

    Market Scope

    Report Coverage

    Details

    Page number

    203

    Base year

    2024

    Historic period

    2019-2023

    Forecast period

    2025-2029

    Growth momentum & CAGR

    Accelerate at a CAGR of 6.9%

    Market growth 2025-2029

    USD 13.9 billion

    Market structure

    market_structure.ucfirst

    YoY growth 2024-2025(%)

    6.3

    Key countries

    US, China, UK, Japan, Brazil, Germany, South Korea, Canada, Saudi Arabia, and France

    Competitive landscape

    Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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    Find out which segment is leading the market by accessing the free PDF report

    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

    The Indoor Air Quality (IAQ) Solutions market refers to the business sector dedicated to generating revenue from the manufacturing and sale of appliances and related products designed to improve indoor air quality. This market encompasses air purifiers, humidifiers, dehumidifiers, and ventilation systems, excluding consumer electronics such as televisions and personal computers, as well as industrial machinery like machine tools and agriculture equipment. The IAQ Solutions market is segmented into air purifiers, humidifiers, dehumidifiers, and ventilation systems.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


    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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