Indoor Air Quality Systems Market to Grow at a CAGR of 7.9% till 2026 - COVID-19 Termination Technologies Will Be in Great Demand
Dublin, March 12, 2021 (GLOBE NEWSWIRE) -- The "Focus on Wellness Inside Buildings Powering the Global Indoor Air Quality Systems Market, 2026" report has been added to ResearchAndMarkets.com's offering.
The global market for IAQ systems stood at $7 billion in 2019 and is estimated to expand at a CAGR of 7.9% over the next 6 years, up to 2026.
The air around us is getting more polluted due to various reasons including high urbanization, emissions from vehicles, tobacco smoking, stubble burning, and natural calamities like forest fires and sandstorms. While the awareness about outdoor air pollution is relatively high, indoor pollution is often ignored.
One common misconception is that indoors are safe spaces for occupants. However, according to Environmental Protection Agency (EPA), the air we breathe indoors is 2 to 5 times more polluted than that outdoors and, in some cases, records 100 times the pollution level seen outdoors. We also spend over 90% of our time indoors - inside buildings or in transit.
Of late, the indoor air quality (IAQ) systems market has witnessed increased attention from several verticals
This report analyses the different IAQ systems and products and their adoption in vertical markets and geographies. The report also highlights areas with high PM2.5 concentration and companies that are leaders in technology, innovation, and growth.
The North American region, comprising the United States and Canada, is the current market leader and is set to remain so during the forecast period as well. Asia-Pacific (APAC) is estimated to register the highest growth over the forecast period, driven by poor air quality resulting in increased demand for air monitoring systems from Southeast Asian countries and China. The region is also expected to be the second largest in terms of market share, surpassing Europe, in 2026.
Key air purification technologies include HEPA filters, activated carbon, ionization, and ultraviolet germicidal irradiation (UVGI). There are new technologies that are developed to filter harmful viruses and kill them. With the possibility of airborne transmission of COVID-19 increasing, technologies that could terminate viruses will be in great demand.
Some of the key IAQ monitors and indoor air purifiers highlighted in the report include products from companies such as Airthings, Airthinx, Aura Air, Blue Air, Dyson, Honeywell, Philips, and Molekule.
Key Issues Addressed
Is the market growing, how long will it continue to grow, and at what rate?
What is the future growth potential for IAQ systems? What are the major drivers and trends influencing the market?
What is the segmentation by type of product, region, and vertical market?
Who are the major players across regions? Which are the 'Companies to Watch'?
What is the current distribution structure and how is it going to change in the future?
Key Topics Covered
Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8
The Impact of the Top Three Strategic Imperatives on the Indoor Air Quality Systems Industry
Growth Opportunities Fuel the Growth Pipeline Engine
Growth Opportunity Analysis
Definition and Scope
IAQ Systems Market Discussion
Indoor Air Quality Systems Market Segmentation
Regional Segmentation
Key Competitors in the Indoor Air Quality Systems Market
Key Growth Metrics
Indoor Air Quality Systems Market Distribution Channels
Growth Drivers for Indoor Air Quality Systems Market
Growth Restraints for Indoor Air Quality Systems Market
Air Purification Technologies
Revenue and Unit Shipment Forecast - IAQ Systems Market
Revenue Forecast by Product - IAQ Systems Market
Revenue Forecast by Region - IAQ Systems Market
Revenue Forecast by Vertical - IAQ Systems Market
Revenue Forecast Analysis - IAQ Systems Market
Revenue Forecast Analysis by Product - IAQ Systems Market
Revenue Forecast Analysis by Region - IAQ Systems Market
Revenue Forecast Analysis by Vertical - IAQ Systems Market
Pricing Forecast - IAQ Systems Market
Pricing Trends and Forecast Analysis - IAQ Systems Market
Competitive Environment - IAQ Systems Market
Revenue Share - IAQ Systems Market
Revenue Share Analysis - IAQ Systems Market
Companies to Watch
Global PM2.5 Exposure by Region
World's Most Polluted Countries and Cities 2019 (PM2.5)
Growth Opportunity Analysis - IAQ Systems Market: North America
Key Growth Metrics for IAQ Systems Market - North America
Key Findings
Revenue Forecast for IAQ Systems Market - North America
Forecast Analysis for IAQ Systems Market - North America
Revenue Forecast by Vertical - North America
Forecast Analysis by Vertical - North America
Growth Opportunity Analysis - IAQ Systems Market: Europe
Key Growth Metrics for IAQ Systems Market - Europe
Key Findings
Revenue Forecast for IAQ Systems Market - Europe
Forecast Analysis for IAQ Systems Market - Europe
Revenue Forecast by Vertical - Europe
Forecast Analysis by Vertical - Europe
Growth Opportunity Analysis - IAQ Systems Market: Asia-Pacific
Key Growth Metrics for IAQ Systems Market - APAC
Key Findings
Revenue Forecast for IAQ Systems Market - APAC
Revenue Forecast Analysis for IAQ Systems Market - APAC
Revenue Forecast by Vertical - APAC
Forecast Analysis by Vertical - APAC
Growth Opportunity Analysis - IAQ Systems Market: Rest-of-World
Key Growth Metrics for IAQ Systems Market - RoW
Key Findings
Revenue Forecast for IAQ Systems Market - RoW
Forecast Analysis for IAQ Systems Market - RoW
Revenue Forecast by Vertical - RoW
Forecast Analysis by Vertical - RoW
Growth Opportunity Universe - IAQ Systems Market
Growth Opportunity 1: Focus on Expanding in Countries Affected Highly Due to Indoor Air Pollutants
Growth Opportunity 2: Investment in Technology to Roll Out New Products that are Better Suited for Different Vertical Markets
Growth Opportunity 3: Launch of Widespread Community-led Initiatives to Monitor Air Quality in the Environment
Growth Opportunity 4: Directives at the EU and Regional Level to Improve Air Quality in Specific Regions
Next Steps
Your Next Steps
List of ExhibitsFor more information about this report visit https://www.researchandmarkets.com/r/onav6g
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