Dublin, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The "Indoor Air Quality Monitors - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Indoor Air Quality Monitors estimated at US$4.5 Billion in the year 2022, is projected to reach a revised size of US$8.3 Billion by 2030, growing at a CAGR of 8% over the analysis period 2022-2030.
Fixed Indoor Monitors, one of the segments analyzed in the report, is projected to record 7.7% CAGR and reach US$5.3 Billion by the end of the analysis period. Growth in the Portable Indoor Monitors segment is estimated at 8.5% CAGR for the next 8-year period. 
The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 9.6% CAGR
The Indoor Air Quality Monitors market in the U.S. is estimated at US$1.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$609.7 Million by the year 2030 trailing a CAGR of 9.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.1% and 7.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR.
Market Trends & Drivers
- After a Sharp Decline in 2020, Growing Understanding of the Importance of Improving Indoor Air Quality (IAQ) to Reduce Risk of COVID-19 Spread Leads to Demand Spike in 2021
- Tracing Market Dynamics Now & Beyond
- Rise in Allergies Sets the Tone for Product Adoption & Market Growth
- Indoor Spaces in Residential, Commercial, Industrial & Healthcare Settings Witness Strong Demand for Indoor Air Quality Monitors
- Rise in Smart Homes Strengthens the Business Case for Smart Indoor Air Quality Monitors
- Smart Homes Emerge as a Disruptive Trend Enhancing Lives of Homeowners & Also Creating New Market Opportunities for Smart Indoor Air Quality Monitors: Smart Home Penetration Rate (%) by Region/Country for the Year 2022
- Continuous Technology Innovations Remains Crucial to Future Growth
- Stringent Regulations & Establishment of Standards to Benefit Growth in the Market
- Role of Artificial Intelligence in Indoor Air Quality Monitors Gets Bigger
- In Focus: IoT Based Indoor Air Quality Monitoring
- Green Building Strategies and Focus on Ventilation Management Bodes Well
- Role of Indoor Air Quality Monitoring in Optimizing Building Automation
- Navigating Through Myriad Challenges is Vital for Players in the Market
Key Report Features
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Companies Profiled:
- 3M Company
- Agilent Technologies
- Acoem Group
- Bacharach
- Aeroqual
- Ambient Weather
- Awair Inc.
- Airboxlab SA (Foobot)
- Airveda Technologies
- Alpha Controls & Instrumentation
- Autotronic Enterprise
- AZ Instrument
- Airthings
- Aircuity
- AMETEK MOCON
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 494 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $4.5 Billion |
| Forecasted Market Value (USD) by 2030 | $8.3 Billion |
| Compound Annual Growth Rate | 8.0% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Rising Air Pollution Exposing More than of the World Population to Health Risks Provides the Foundation for the Growth of Indoor Air Quality Monitors
- Why Indoor Air Quality Matters?
- Global Indoor Air Pollution Related Fatalities by Health Condition: Percentage Breakdown of Deaths for ALRI, COPD, Ischemic Heart Disease, Lung Cancer, and Stroke for the Year 2021
- How Air Quality Monitoring Can Help?
- What's the Prognosis on the Pandemic? Here's What Everyone Should Know About the Dynamics of the Ongoing Multiwave Pandemic & Its Impact on the Economy
- After Omicron, Comes Stealth Omicron & Deltacron Fueling Fresh Waves of Infections Across the Globe
- With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking Amid Waning Vaccine Immunity. But How Practical Is It to Implement Them?
- With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness, but this Strategy is Not Within Reach for Most Countries: Number of Booster Doses Administered Per 100 People by Country as of March 2022
- At the Dawn of 2022 After Numerous New Strains & Millions of Deaths, Challenges in Vaccine Production, Supply, Access & Technology Sharing Continue to Remain
- How & When Will the World Be Vaccinated? Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
- Split Scenarios Unfold: The Great Vaccine Divide Emerges
- With Low Vaccination Rates in Africa Emerging Into a Global Security Issue, Vaccine Imbalances Will Stretch the Pandemic Further into 2022: Global Percentage (%) of Population Administered With Vaccines by Region as of March 2022
- The Great Vaccine Controversy & Growing Anti-Vaccination Movement Aggravates the Divide Between the Vaccinated & the Unvaccinated
- Top Reasons for Unwillingness & Uncertainty Towards COVID-19 Vaccines Among the By-Choice Unvaccinated People: % Share of Various Reasons as of the Year 2022
- The Verdict's Out - The Pandemic Cannot Be Ended But Can be Maneuvered to Become Endemic and More Manageable
- Amid this Prolonged Pandemic, Why Should Businesses Care About Progress on Vaccinations?
- Dragging Pandemic, New Virus Strains, Fresh Societal Risks, Renewed Economic Disruptions Bring Weaker Growth in 2022 as Compared to 2021
- Uncertain, Uneven & Bumpy Recovery Shaped by New Variants Comes Into Play, Lowering Growth Expectations for 2022 & 2023: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
- Persistently High Unemployment Indicates Long-Term Scarring from the COVID-19 Pandemic, Wage Inequality & Uneven Economic Recovery. Tough Times to Continue for Industries Reliant on Consumer Discretionary Incomes Until 2023: Global Number of Unemployed People (In Million) for Years 2019 Through 2023
- New Bursts of Food & Energy Inflation Triggered by Russia-Ukraine War to Threaten Economic Recovery
- Competition
- Indoor Air Quality Monitors - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Indoor Air Quality Monitors (IAQM): Definition, Overview & Importance
- World Brands
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/ut3rga
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