DUBLIN--(BUSINESS WIRE)--The "Indoor Air Quality Monitors - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Indoor Air Quality Monitors estimated at US$3 Billion in the year 2020, is projected to reach a revised size of US$5.5 Billion by 2026, growing at a CAGR of 9.9% over the analysis period.
Fixed Indoor Monitors, one of the segments analyzed in the report, is projected to grow at a 9.5% CAGR to reach US$3.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Portable Indoor Monitors segment is readjusted to a revised 10.7% CAGR for the next 7-year period. This segment currently accounts for a 34.5% share of the global Indoor Air Quality Monitors market.
The Indoor Air Quality Monitors market in the U.S. is estimated at US$1.3 Billion in the year 2021. The country currently accounts for a 39.3% share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of US$397.9 Million in the year 2026 trailing a CAGR of 12.9% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 9.4% respectively over the analysis period.
Within Europe, Germany is forecast to grow at approximately 9.5% CAGR while Rest of European market (as defined in the study) will reach US$557.5 Million by the end of the analysis period. The indoor air quality monitors market in North America and Europe is anticipated to be bolstered by favorable regulations, growing adoption of sophisticated systems and technological advances related to gas analyzers and particulate sensors.
Select Competitors (Total 67 Featured):
- 3M Company
- Aeroqual Ltd.
- Camfil AB
- Daikin North America LLC.
- Emerson Electric Co.
- Horiba, Ltd.
- Lennox International Inc.
- Panasonic Corporation
- Siemens AG
- Teledyne Technologies Incorporated
- Testo SE & Co. KGaA
- Thermo Fisher Scientific Inc.
- Trane Technologies plc
- Trion, Inc.
- TSI Incorporated
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Air Quality Monitors- Critical to Creating Healthy and Safe Spaces
- Impact of Covid-19 and a Looming Global Recession
- 2020 Marked as a Year of Disruption & Transformation
- The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed?
- Progress on Vaccinations, Why Should Businesses Care?
- With IMF's Upward Revision of Global GDP Forecasts for 2021, Most Companies Are Bullish About an Economic Comeback Despite a Continuing Pandemic
- COVID-19 Outbreak Opens Opportunities for Indoor Air Quality Monitors
- Correlation between Air Quality & Health Enable Indoor Air Quality Monitors to Enjoy Limelight amid COVID-19
- NDI Sensors Suitable for Tracking COVID Risks
- Resumption of Economic Activity Needs Creation of Safe, Healthy Indoor Environments
- Key Air Quality Metrics to Alleviate Risk of COVID-19 Transmission Indoors
- Strategies to Ensure Proper Monitoring of Indoor Air Quality for Fight against COVID-19
- COVID-19 Makes Indoor Air Quality Monitoring to Warrant Needed Attention
- Focus on Air Quality in Schools Rises among Parents, Spurs Demand for Monitors
- An Overview of Indoor Air Quality Monitors (IAQM)
- Poor Air Quality: Effects on Health
- Enhancing Indoor Air Quality
- Brief Note on Technology Used in IAQM
- Selecting the Right Air Quality Monitor
- Gripping Air Pollution Helps Global Air Quality Monitors Market to Maintain Momentum with More Fervor
- Prominent Drivers Propelling Indoor Air Quality Monitors Market to Run a Marathon
- Technological Developments to Drive IAQ Monitoring Systems' Market Growth
- Product Type: Portable Indoor Monitors Grows the Fastest
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Awareness About Ambient Indoor Air Quality Augurs Well
- Deteriorating Air Pollution Levels & Rising Need to Improve Air Quality Spur Demand
- A Glimpse at Common Air Pollutants
- Major Indoor Pollutants and their Impact on Health: A Snapshot
- Rising Incidence of Asthma and Air Borne Allergies Provide the Perfect Platform for Market Expansion
- Rising Emphasis on IAQ in Commercial Environments Underpins Revenue Growth
- Residential Buildings: The New Growth Vertical
- Popularity of Smart Homes Drives Demand
- Relevance in Industrial Environments Bodes Well
- Novel Opportunities in Healthcare Sector
- Construction Spending Patterns Influence Uptake of IAQ Monitors
- Favorable Demographic and Socio-Economic Trends Strengthen Market Prospects
- Growing Population & Urban Sprawl
- Aging Population: A Weighty Demographic Driver
- Technology Advancements & Innovations Spur Demand
- A Review of Select Technologically Advanced IAQ Monitors
- Mobile Apps Simplify the IAQ Monitoring Process
- Select Innovations and Advancements
- Growing Demand for IoT IAQ Devices Utilized in Indoor Air Monitoring
- Air Quality Regulations & Standards Favor Growth
- United States
- Select Other Countries
- International Air Quality Agreements
- Online Channels Enhance Product Promotion & Distribution Strategies
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/a0yc3i
