Indoor Air Quality Solutions Market by Product and Geography - Forecast and Analysis 2021-2025
- Published: Apr 2021
- Pages: 120
- SKU: IRTNTR40422
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Indoor Air Quality Solutions Market - 2021-2025
The indoor air quality solutions market size is expected to reach a value of USD 10.27 billion during 2021-2025 at a CAGR of 6.30%. This research study helps in deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as increasing demand for smart air quality monitoring devices are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.
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Indoor Air Quality Solutions Market Segments
Navigate through market segmentations by product (equipment and services) and geography (North America, Europe, APAC, South America, and MEA) in this indoor air quality solutions market report to pursue growth opportunities.
Get actionable insights on the indoor air quality solutions market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic indoor air quality solutions market predictions on demand changes for 2021-2025? You can buy the report now with one easy click.
Indoor Air Quality Solutions Market Vendors and Competitive Analysis
The indoor air quality solutions market is fragmented and the vendors are deploying growth strategies such as making significant investments in R&D to gain competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.
The unprecedented outbreak of COVID19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID19 impact update.
Buy the full indoor air quality solutions market forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.
Indoor Air Quality Solutions Market - Region Opportunities 2021-2025
39% of the indoor air quality solutions market growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for the indoor air quality solutions in APAC. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!.
APAC has been exhibiting significant growth rate for indoor air quality solutions market vendors. Factors such as the advent of technologically advanced indoor air quality solutions and the growing presence of global companies are accelerating the indoor air quality solutions market growth in APAC. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.
The indoor air quality solutions market share growth in APAC will be slower than the growth of the market in APAC and South America. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Indoor Air Quality Solutions Market Insights by Product
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The indoor air quality solutions market share growth by the equipment segment will be significant during the forecast period. Indoor air quality solutions equipment generally includes air monitor sensors, HVAC equipment, and air conditioners. The global indoor air quality solutions market by equipment is expected to record a rapid growth during the forecast period, propelled by high demand for smart and low-cost air monitoring sensors. This report provides an accurate prediction of the contribution of all the segments to the growth of the indoor air quality solutions market size.
From the indoor air quality solutions market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID19 impact on each segment.
Indoor Air Quality Solutions Market Drivers & Trends
While it is crucial to have a solid understanding of the drivers and trends, it is also imperatve that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding indoor air quality solutions market growth is high competition. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.
The drastic rise in the number of indoor pollutants across regions has propelled the demand for smart air quality monitors in residential and commercial buildings. Advanced technology such as the Internet of Things (IoT) and Industry 4.0 are making new breakthroughs in the standards and functioning of indoor air quality solutions equipment. One such advancement is the advent of automated equipment for monitoring dust, CO2, and radon. Some of the most commonly used smart indoor air quality monitoring equipment include smoke detectors and CO alarms by Nest; Bitfinder's Awair for tracking five major factors of air quality — dust, chemicals, CO2, relative humidity, and temperature. These technologically advanced indoor air quality monitoring equipment are expected to strongly boost the growth of the global indoor air quality solutions market.
The rising demand for portable air quality monitors is one of the key indoor air quality solutions market trends. Vendors are offering advanced technologies with accurate monitoring abilities, which helps in improving efficiency in deliveries. Also, vendors are offering products at competitive rates to increase their customer base. The popularity of portable air quality monitoring devices is growing owing to the rising concerns about the ill effects of vehicular and industrial emissions.
This indoor air quality solutions market analysis report provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies acorss regions and segmentations.
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Indoor Air Quality Solutions Market Report Outlook
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive indoor air quality solutions market growth during the next five years
- Precise estimation of the indoor air quality solutions market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the indoor air quality solutions market across North America, Europe, APAC, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of indoor air quality solutions market vendors
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- South Korea (Republic of Korea)
- Increasing demand for smart air quality monitoring equipment
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