Market Research Report
Global Indoor Air Quality Monitor Market, By Product, By Pollutant Type, By Application, By Region, Competition, Forecast & Opportunities, 2025
|Global Indoor Air Quality Monitor Market, By Product, By Pollutant Type, By Application, By Region, Competition, Forecast & Opportunities, 2025|
Published: February 1, 2021
Content info: 174 Pages
Delivery time: 2-3 business days
Global Indoor Air Quality Monitor Market, By Product (Fixed Indoor Monitors and Portable Indoor Monitors), By Pollutant Type (Chemical, Physical and Biological), By Application (Government Buildings, Industrial, Private Establishments, Commercial, Residential and Others), By Region, Competition, Forecast & Opportunities, 2025.
Global indoor air quality monitor market was valued USD 3796.50 Million in 2019 and is expected to grow at a formidable rate of over 8% during the forecast period. The global indoor air quality monitor market is driven by the growing awareness among the population pertaining to different environmental issues and associated health hazards. Additionally, growing popularity of green buildings and increasing need to attain sustainability is expected to increase the demand for air quality monitors thereby driving the market growth through 2025. Furthermore, supportive government policies & schemes and grants for adhering to air quality standards are further expected to fuel the market growth. Moreover, increasing demand for air quality monitors by different enterprises, corporates, academic institutions, malls & shopping centers, among others further bolsters the market growth over the next few years. However, high costs associated with the installation and purchase of air quality monitors can hamper the market growth during the forecast period. Also, associated technical limitation can further restrict the market growth. Besides, lack of awareness especially in the emerging countries pertaining to air quality monitors is further expected to restrict the market growth over the next few years.
The global indoor air quality monitor market is segmented based on product, pollutant type, application, company and region. Based on pollutant type, the market can be split into chemical, physical and biological. The chemical pollutant type is expected to dominate the market attributable to stringent government regulations set by different governments and pollution control boards for controlling industrial pollutant emissions and adhering to the air quality standards.
Regionally, the indoor air quality monitor market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the market on account of the widespread adoption and use of indoor air quality monitors to maintain the air quality standards. Additionally, rapid adoption of gas analyzers and ongoing technological advancements are further expected to propel the market growth. Asia Pacific is expected to witness significant growth in the overall indoor air quality monitor market owing to the increasing problem of air pollution and greenhouse gas emissions in the region especially in the countries like China and India.
The major players operating in the indoor air quality monitor market are Thermo Fisher Scientific Inc, Siemens AG, Emerson Electric Co, 3M Company, TSI Inc, Horiba Ltd, Honeywell International Inc., Testo SE & Co. KGaA, Envea SA, Aeroqual Ltd and others. Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global indoor air quality monitor market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global indoor air quality monitor market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Fixed Indoor Monitors
Portable Indoor Monitors
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in global indoor air quality monitor market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: