IAQ Monitor Market size is estimated to be USD 3.5 Billion in 2024 and is expected to reach USD 7.2 Billion by 2033 at a CAGR of 8.5% from 2026 to 2033.
The Indoor Air Quality (IAQ) monitor market was valued at approximately USD 3.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030. The increasing awareness regarding the health impacts of poor air quality, combined with rising industrialization and urbanization, is driving the demand for IAQ monitoring solutions. North America currently holds a significant market share, accounting for around 40% of the total revenue in 2022. This region’s dominance can be attributed to stringent government regulations and a growing focus on air quality standards across commercial, residential, and industrial sectors. The market in North America was valued at roughly USD 1.4 billion in 2022, with expectations for steady growth in the coming years.
Asia Pacific is anticipated to exhibit the highest growth rate during the forecast period, with a projected CAGR of 9.2% from 2023 to 2030. The rapidly expanding manufacturing sector in countries like China and India, coupled with increasing levels of pollution and urbanization, is expected to drive the demand for IAQ monitoring systems in this region. The market size in Asia Pacific was valued at approximately USD 1 billion in 2022. Europe also holds a significant portion of the market, driven by the stringent environmental and health regulations in countries like Germany and the UK. The regional market in Europe was valued at around USD 700 million in 2022, showing steady growth prospects as more businesses and consumers seek effective IAQ monitoring solutions to mitigate health risks associated with indoor air pollution.
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TSI
Honeywell
Aeroqual
3M
PPM Technology
Kanomax
Durag Group
HORIBA
Thermo Fisher Scientific
Ingersoll Rand
Testo
Emerson Electric
Testo AG
Aeroqual
Macro Technology Instruments
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global IAQ Monitor Market
Standalone Indoor Air Quality Monitors
Smartphone-Connected IAQ Monitors
Integrated IAQ Sensors for HVAC Systems
Portable IAQ Monitors
Multiparameter IAQ Monitors
Electrochemical Sensors
Optical Sensors
Photoionization Detectors (PID)
Metal Oxide Sensors (MOS)
Laser-Based Sensors
Residential
Commercial
Industrial
Healthcare Facilities
Educational Institutions
Homeowners
Facility Managers
Building Owners and Operators
Environmental Researchers
Government Agencies
Wireless (Wi-Fi, Bluetooth)
Wired (USB, Ethernet)
Cloud-Connected Devices
IoT-integrated Systems
Non-Connected Monitors
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global IAQ Monitor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global IAQ Monitor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global IAQ Monitor Market, By Type
6. Global IAQ Monitor Market, By Application
7. Global IAQ Monitor Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global IAQ Monitor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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