BOULDER, Colo.--(BUSINESS WIRE)--Employing an array of technologies to create more effective ventilation than conventional heating, ventilation, and air conditioning (HVAC) systems, indoor air quality (IAQ) monitoring and management systems can provide a healthy and productive indoor environment while saving both energy and money. While adoption is somewhat limited by the rate of the global economic recovery, new standards and regulations, as well as a heightened sensitivity to how the health and comfort of office workers affects productivity, is driving greater use of these technologies. Click to tweet: According to a new report from Navigant Research, worldwide revenue from indoor air quality systems will grow from $3.3 billion in 2014 to nearly $5.6 billion by 2020.
“The spread of indoor air quality technology requires a change in mindset on the part of architects, engineers, and building owners regarding the way buildings are designed and built,” says Benjamin Freas, research analyst with Navigant Research. “As IAQ monitoring moves away from passive systems and toward intelligent systems, accurate feedback will help building operators achieve and maintain the desired performance both initially and over the life of the buildings.”
The key technologies that support IAQ systems, according to the report, include carbon dioxide sensors and demand-controlled ventilation (which matches the delivery of the ventilated air supply to the actual occupancy levels of the building spaces). In addition, energy recovery ventilation systems recycle the energy associated with the thermally conditioned air being exhausted from a building to precondition the incoming air, and dedicated outdoor air systems decouple ventilation and thermal comfort so that they no longer compete with each other.
The report, “Indoor Air Quality Monitoring and Management”, analyzes the global market for indoor air quality technologies that are currently available and being used in both new and retrofit applications. The study provides an analysis of the market conditions for IAQ monitoring and management and the drivers and barriers for wider adoption of the technologies. Global market forecasts for IAQ technologies revenue, segmented by region, building type, and technology, extend through 2020. The report also examines the key categories of IAQ improvements and the related technologies, as well as the competitive landscape. An Executive Summary of the report is available for free download on the Navigant Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Smart Utilities, Smart Transportation, and Smart Buildings sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.
Navigant is a specialized, global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Through senior level engagement with clients, Navigant professionals combine technical expertise in Disputes and Investigations, Economics, Financial Advisory and Management Consulting, with business pragmatism in the highly regulated Construction, Energy, Financial Services and Healthcare industries to support clients in addressing their most critical business needs. More information about Navigant can be found at www.navigant.com.
* The information contained in this press release concerning the report, “Indoor Air Quality Monitoring and Management,” is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.