BOULDER, Colo.--(BUSINESS WIRE)--A recent report from Navigant Research examines the market for indoor environmental and air quality (IEAQ) technologies used in new construction and retrofit applications, with global forecasts for revenue, segmented by region, building type, and technology, through 2024.
Green buildings rely on good IEAQ to maintain the health and productivity of staff, but as building envelopes are tightened in favor of increasing energy efficiency, air quality can be compromised. Technologies that allow building owners and managers to measure and verify ventilation and moisture levels in a workspace can serve as proof that healthy conditions are being maintained for staff. Click to tweet: According to a recent report from @NavigantRSRCH, revenue from IEAQ technologies is expected to total $55.4 billion from 2015 to 2024.
“The IEAQ market heavily depends on the building technology value chain, which consists of architects, engineers, real estate management professionals, and building owners and managers,” says Anne Wrobetz, research analyst with Navigant Research. “IEAQ tends to become less of a priority after construction is finished, but an evolution in the marketplace could change this perception and lead to more interest in technologies providing advanced air ventilation and filtration.”
Monitoring IEAQ has a direct effect on the health and comfort of building occupants, a major goal of many green building rating systems and certifications, according to the report. High rankings in Leadership in Energy and Environmental Design (LEED) and other certifications can add to the appeal of IEAQ technologies for a building owner, especially a commercial building owner that depends on occupation for revenue.
The report, Indoor Environmental and Air Quality, analyzes the global market for IEAQ technologies that are currently available and being used in both new construction and retrofit applications. The study provides an analysis of the market conditions for IEAQ monitoring and management and the drivers and barriers for wider adoption of the technologies. Global market forecasts for IEAQ technologies revenue, segmented by region, building type, and technology, extend through 2024. The report also examines the key categories of IEAQ 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 Energy Technologies, Utility Transformations, Transportation Efficiencies, and Buildings Innovations sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.
Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.
* The information contained in this press release concerning the report, Indoor Environmental and Air Quality, 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.