Indoor Air Quality Market Scope
The Indoor air quality is used for measuring the parameter of air quality and level of pollutants in outdoor as well as indoor environments. Air impurities contain pollutants such as particulate matter, sulfur dioxide, carbon monoxide, volatile organic compounds, and nitrous oxide. It also detects an airborne bacterium that is created from the pollutants which are present outside and protect from affecting serious health issue. It has been observed that increasing number of industrial hygienists have installed air quality monitors for healthy nature is expected to flourish the Indoor air quality in future. The manufacturers of Indoor air quality are expanding their businesses in Asia-Pacific countries as these countries are focused towards green building technologies and smart homes.
The market study is being classified by Type (Continuous Monitoring, Manual Monitoring, Passive Monitoring and Intermittent Monitoring), by Application (Government Agencies & Academic Institutes, Commercial & Residential Users, Petrochemical Industry, Generation Plants, Pharmaceutical Industry and Others) and major geographies with country level break-up. According to AMA, the Global Indoor Air Quality market is expected to see growth rate of 6.2%
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Indoor Air Quality market throughout the predicted period.
Thermo Fisher Scientific, Inc. (United States), Siemens AG (Germany), Emerson Electric Co. (United States), 3M Company (United States), TSI, Inc. (United States), Ingersoll Rand Plc. (Ireland), HORIBA, Ltd. (Japan), Testo AG (Germany), Aeroqual (United States) and Nest Labs Inc. (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Merck KGaA (Germany), Servomex Group Ltd. (United Arab Emirates) and General Electric Company (United States).
AdvanceMarketAnalytics has segmented the market of Global Indoor Air Quality market by Type, Application and Region. On the basis of Type, Product Type are dominating the market in the year 2018
On the basis of application, Application segment is dominating the market in the year 2018 where as Commercial & Residential Users segment stood as second largest market.
On the basis of geography, the market of Indoor Air Quality has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
In September 2018, Mclaren acquired American Environmental Group. This acquisition is beneficial in expansion of full suite of indoor air quality environmental testing and consulting services that support insurance industry and corporate risk managers across a range of industries and government agencies.
In 22 March 2019, Ikea introduced a Curtain that is beneficial in reduces air pollution at home. It also offers mineral based photo catalyst coating applied to the textile that leads to a process like photosynthesis found in nature.
“According to WHO (World Health Organization) guidelines, it conveyed protection of public health from risks due to a number of chemicals commonly present in indoor air. The guidelines are targeted at public health professionals involved in preventing health risks of environmental exposures, as well as specialists and authorities involved in the design and use of buildings, indoor materials and products”.
- Increase demand due to wireless communication technologies in indoor air quality.
- Value for Customer Reference.
- Increase in Demand of Indoor Air Quality at Residential and Commercial Purposes.
- Rise in Demand of Technology Advancements Leads to Better Product Portfolio.
- Increase in Public Awareness Related to Air Pollution and its Effect on Health And Environment.
- Rise in Funding at Research and Development for Effective Air Pollution Monitoring.
- High Cost Associated With Indoor Air Quality Products.
- Lack of Awareness in the Developing Economics.
- Skilled Professional Required for Installations and Maintenance of Air Quality Devices.
Key Target Audience
Indoor Air Quality Manufacturers, Indoor Air Quality Traders, End-Use Market Participants of Different Segments of Indoor Air Quality, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others
Customization available in this Study:
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