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Home Latest News

Global Indoor Air Quality Solutions Market 2020-2024 | Rising Demand for Smart Air Quality Monitoring Equipment to Boost Market Growth | Technavio | Business

globalresearchsyndicate by globalresearchsyndicate
March 5, 2020
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Global Indoor Air Quality Solutions Market 2020-2024 | Rising Demand for Smart Air Quality Monitoring Equipment to Boost Market Growth | Technavio | Business
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LONDON–(BUSINESS WIRE)–Mar 5, 2020–

The indoor air quality solutions market is expected to grow by USD 9.54 billion during 2020-2024, according to the latest market research report by Technavio. Request a free sample report

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200304005885/en/

Technavio has announced its latest market research report titled Global Indoor Air Quality Solutions Market 2020-2024 (Graphic: Business Wire)

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 technologies such as the IoT and Industry 4.0 is 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. This smart air monitoring equipment uses sensors to collect and process live indoor air data that can be analyzed, stored, and displayed directly on a smartphone or tablet.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40422

As per Technavio, the increasing emphasis on advanced HVAC will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Indoor Air Quality Solutions Market : Increasing Emphasis on Advanced HVAC

The global indoor air quality solutions market is witnessing increased use of smart and advanced HVAC systems in commercial and residential buildings owing to their low cost and higher efficiency. HVAC systems are used to regulate and control indoor air quality and temperature. Advanced HVACs use various green technologies to maintain indoor air quality and ensure efficient energy saving. The focus is on components such as sensors, field devices, and floor-level controllers. Advanced HVAC technologies such as thermal-driven air conditioning and ice-powered air conditioning have made significant contributions to the field of advanced HVACs, resulting in improved air quality. Thus, the increasing emphasis on advanced HVAC is expected to drive the growth of the market.

“Rising manufacturing of portable air quality monitors and the increasing demand for low-cost indoor air quality sensor platforms will have a positive impact on the growth of the indoor air quality solutions market value during the forecast period,” says a senior analyst at Technavio.

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Indoor Air Quality Solutions Market: Segmentation Analysis

This market research report segments the indoor air quality solutions market by product (equipment and services), and geography (APAC, Europe, MEA, North America and South America).

The North American region led the indoor air quality solutions market in 2019, followed by Europe, APAC, South America, and MEA. However, the APAC region is expected to register the highest incremental growth due to factors such as the rising pollution in countries such as Singapore and Malaysia, the advent of technologically advanced indoor air quality solutions and growing presence of global companies in the region .

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Some of the key topics covered in the report include:

Product

Geographic Segmentation

  • APAC
  • Europe
  • MEA
  • North America
  • South America

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200304005885/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: BUILDING SYSTEMS MANUFACTURING INTERIOR DESIGN OTHER MANUFACTURING CONSTRUCTION & PROPERTY

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 03/05/2020 01:00 AM/DISC: 03/05/2020 01:00 AM

http://www.businesswire.com/news/home/20200304005885/en

Copyright Business Wire 2020.

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