Indoor Air Quality Monitor Market

Market Overview

Quality of air inside the living premises, where an average person spends most of their time, is known as indoor air quality. Aim of indoor air quality monitoring is to achieve a healthy and safe indoor air environment, that means to check whether there is an adequate ventilation, temperature and humidity level at preferable point.

Ventilation is a major factor of indoor air quality as it is a process of bringing in outside air, conditioning the air and then mixing with indoor air, distributing that air throughout the environment and moving some portion of indoor air outside.

If any of this process is not performed well the quality of indoor air is affected. Many pollutants impact indoor air quality which includes volatile organic compounds, carbon monoxide, carbon dioxide, methane and others.

Poor indoor air quality can impact health which can lead to decreased productivity absenteeism and possible litigation. To improve the quality of air, air quality monitoring solutions are used to create safe and energy efficient indoor spaces.

Indoor air quality is a major factor that can affect health, comfort and productivity of the occupants. The goal of air quality monitoring is to protect people and environment from harmful air pollution.

Impact of COVID-19 Pandemic Outbreak on Indoor Air Quality Monitor Market

During the COVID-19 pandemic the death rate due to coronavirus is higher in polluted places. According to studies there is correlation between quality of air waves and death rate caused by corona virus.

Poor air quality itself possess risk to health of the people. Air pollution kills an approximately 7 million people globally. The higher concentration of toxic particles in the air is responsible for spreading the virus which results in multiplying the amount of people infected by the virus.

Due to COVID-19 pandemic companies are getting involved in tackling air pollution and have got opportunity to innovate sustainable products, clean-air solutions to do good for environment.Adoption of air quality monitoring equipment is increasing.

The market for indoor air quality monitor has increased 12% Y-o-Y in last two years. However, the longevity of the COVID-19 crisis will lead to adoption of air quality monitoring equipment for creating safe and clean environment so there would be surge in demand for air quality monitor market in 2021 as well.

Indoor Air Quality Monitor Market: - Market Dynamics

Increasing concern regarding health issues due to indoor air pollution is Spurring the Market Growth

Due to increasing public awareness about the health issues because of indoor air pollution, the adoption of air quality monitoring devices is increasing. Indoor air quality is affected by pollutants that penetrate the building environment or enter the building through windows.

Exposure to indoor air pollution can lead to chronic and acute respiratory illness such as lung cancer, systemic hypertension, humidifier fever, asthma, and others due to which people are adopting air quality monitoring devices.

The air quality monitoring devices are used to measure parameter of the indoor air quality and to detect bacteria that are air-borne that are formed from outside pollutants.

However due to increasing level of awareness among the public about the hazard of pollution is resulting in increasing adoption of Indoor air quality monitor market.

High Initial & Maintenance Cost of Air Quality Monitoring Equipment Is Restricting the Market Growth

Cost is important factor while deciding on whether to install an indoor air quality monitor in commercial building. As commercial buildings are constructed with purpose of providing dividends for their shareholders.

So it is therefore important to take cost in to consideration before making any decision. Due to high initial cost and maintenance cost of air quality monitoring equipment, it is not affordable for commercial buildings to install the air quality monitoring equipment.

Hence, due to high initial and maintenance cost of air quality monitoring equipment the market growth is restricted.

Indoor Air Quality Monitor Market: - Key Players

The key players in the Indoor

• Air Quality Monitor are Siemens
• AG, Emerson Electric
• Aeroqual
• Nest Labs 
• Thermo fisher Scientific Inc.
• 3M Company
• TSI Inc.
• Ingersoll Rand Plc.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global Indoor Air Quality Monitor market.

The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with Indoor Air Quality Monitor market attractiveness as per segments. The report on Indoor Air Quality Monitor market also maps the qualitative impact of various factors on Indoor Air Quality Monitor market segments and geographies.

Indoor Air Quality Monitor Market- Report Highlights:

• A detailed overview of parent market of Indoor Air Quality Monitor market
• Changing Indoor Air Quality Monitor market dynamics in the industry
• In-depth segmentation of the Indoor Air Quality Monitor market
• Historical, current, and projected Indoor Air Quality Monitor market size by value
• Recent industry trends and developments in Indoor Air Quality Monitor market
• Competitive landscape of the Indoor Air Quality Monitor market
• Strategies for key players in Indoor Air Quality Monitor and solutions and services offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on Indoor Air Quality Monitor market performance
• Must-have information for Indoor Air Quality Monitor market players to sustain and enhance their market footprint