Indoor Air Quality Monitoring Device Market By Product (Fixed Indoor Monitors, Portable Indoor Monitors); By Pollutant Type (Chemical Pollutant, Physical Pollutant, Biological Pollutant); By End-Use Application (Government Buildings, Industrial, Private Establishments, Commercial, Residential); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2022-2032

Indoor Air Quality Monitoring Device Market Overview

The global indoor air quality monitoring device market size was valued at around USD 452.4 million in 2022 and is projected to grow at a compound annual rate of growth (CAGR) of around 4.3% from 2022 to 2032.The market size is projected to succeed in USD 875,4 million by 2032.

Indoor Air Quality (IAQ) involves the physical, biological, and chemical aspects of indoor air within and around the buildings and structures. It is known to largely affect the health, comfort, and well-being of the inhabitants.

IAQ can be affected by gases, particulates, microbial contaminants or any mass or energy stressor which penetrate the building environment or enter the building through windows.

Poor IAQ can induce adverse health conditions and can lead to chronic and acute respiratory illness and allergies. It can also trigger sick building syndrome, absenteeism and also reduce productivity.

Indoor air quality monitoring devices with embedded sensors are therefore utilized for the determination of the proportion of pollutants and impurities present in the indoor environment. The key purpose of air quality monitoring devices is to protect the people as well as the environment from air pollution. These devices also check whether there is adequate ventilation, temperature and humidity level at preferable point in the premises or not.

The global indoor air quality monitoring device market is anticipated to grow at a CAGR of around 8.1% over the period of next 5 years.

Indoor Air Quality Monitoring Device Market Drivers

The growth of this market is attributed towards major pertaining factors including; the surging level of air pollution worldwide, the growing number of indoor air pollutants around the globe, the increasing presence of supportive government regulations for effective air pollution monitoring & control, the rising trend of installing indoor air pollution monitors and the increasing public awareness pertaining to air pollution and its impact on health as well as the environment etc.

Additionally, governments of all regions, alongside the stringent regulations on environmental pollution are also emphasizing on the formulation and issuance of supportive policies, schemes and grants for the increased adherence to these air quality standards. With that said, they are also effectively bringing out several new initiatives towards the development of environment-friendly industries and for creating healthy & pollution-free environment in the factories. Owing to this, various industries including the food processing, chemicals and other process industries are projected to generate long term demand for indoor air quality monitoring devices, especially after a temporary lull in 2020 due to the outbreak of the COVID-19 pandemic.

Moreover, proliferation in the allocation of funds by both public-private sectors for research activities to manufacture devices used for monitoring air pollution effectively is leading to the introduction of new products in the market which are technologically advanced. Also with that, the advent of IoT and Industry 4.0 is revolutionizing the standardizing and functioning of indoor air quality solutions equipment massively. For instance, the recent introduction of an automated equipment for monitoring dust, CO2, and radon which uses sensors to collect and process live indoor air data that can be analyzed, stored, and displayed directly on a smartphone or tablet effectively can be taken into account. This is set to enhance the growth of the overall IAQ monitoring device market substantially over the next few years.

Furthermore, other factors such as the surging need to attain global sustainability, the growing popularity and demand for smart homes, the rising demand for air quality monitors by different enterprises, corporates, academic institutions, malls & shopping centers, among others will further bolsters the growth of this market in the coming years.

However, factors such as the high cost and maintenance of these devices, the technical limitations of these devices and the lack of awareness in the developing economies regarding these devices hinder the growth of this market.

Indoor Air Quality Monitoring Device Market Segmentation

By Product

• Fixed Indoor Monitors
• Portable Indoor Monitors

By Pollutant Type

• Chemical Pollutant
• Physical Pollutant
• Biological Pollutant

By End-Use Application

• Government Buildings
  • Government Offices
  • Government Schools
  • Others
• Industrial
  • Oil and Petrochemical
  • Chemical Plants
  • Power Plants
  • Manufacturing
  • Others
• Private Establishments
  • Private Offices
  • Private Schools
  • Others
• Commercial
  • Malls
  • Hotels
  • Departmental Stores
  • Restaurants and Cafes
• Residential
  • Society Apartments
  • Private Houses
• Others
  • Wearable
  • In-Vehicle

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Indoor Air Quality Monitoring Device Market Regional Insight

The North American region holds the largest share in the indoor air quality monitoring devices market followed by Europe and is projected to continue to the lead the market in the forthcoming years. The growth in this region can be attributed to factors such as; the rising prevalence of respiratory ailments in the region, the increasing adoption of new and advanced indoor air quality monitoring technologies in the region, the growing technological advancements in the field of gas analyzers and particulate sensors in industries and the growing awareness regarding green environment and health & fitness in the region etc. Furthermore, the rising funding and investments for promoting indoor and outdoor air pollution monitoring and presence of supporting government regulations also contribute to the growth of the market in this region. The major contributors in the region include the U.S and Canada.

The Asia Pacific region is the fastest growing regional market for indoor air quality monitoring devices. The region is projected to witness massive growth in the upcoming years owing to factors such as the proliferation of large-scale industrialization across major economies in the region, the surging implementation of stringent air pollution regulations in the region coupled with the growing government emphasis on industry compliance with these regulations and the consistent government support for the development and commercialization of advanced IAQM products etc. The major contributors in the region include India and China.

FEW KEY PLAYERS IN INDOOR AIR QUALITY MONITORING DEVICE MARKET:

• Thermo Fisher Scientific Inc.
• 3M Company
• TSI Inc.
• Testo AG
• Aeroqual
• Nest Labs Inc.
• AZ Instruments
• Awair
• Siemens AG
• Emerson Electric Co.
• Ingersoll Rand Plc.
• HORIBA Ltd.
• Other Players

RECENT DEVELOPMENTS:

• In January 2021, Kronos Advanced Technologies, Inc. announced the availability of the first of its kind personal smart sensor, optimized for detection of micro bio-aerosols and air quality. This revolutionary product was developed and is manufactured by Israeli hi-tech startup, Canario LTD and is exclusively marketed in North America by Kronos Advanced Technologies Inc.
• In February 2021, uHoo, a global indoor air quality management company, announced the launch of uHoo Aura, the best-in-class indoor environmental quality monitor that provides real-time data and actionable insights on key indoor environmental quality factors to help businesses and building owners create a healthy, safe, and productive workplace.

Research Methodology

Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Indoor Air Quality Monitoring Device Market
3. Global Indoor Air Quality Monitoring Device Market Trends
4. Opportunities in Global Indoor Air Quality Monitoring Device Market
5. Recent Industry Activities, 2019
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Indoor Air Quality Monitoring Device Market Size (USD Million), Growth Analysis and Forecast, (2019-2025)

9. Global Indoor Air Quality Monitoring Device Market Segmentation Analysis, By Type
9.1. Introduction
9.2. Market Attractiveness, By Type
9.3. BPS Analysis, By Type
9.4. Fixed Market Size & Forecast (USD Million), 2019-2025
9.5. Portable Monitors Market Size & Forecast (USD Million), 2019-2025

10. Global Indoor Air Quality Monitoring Device Market Segmentation Analysis, By Application
10.1. Introduction
10.2. Market Attractiveness, By Application
10.3. BPS Analysis, By Application
10.4. Residential Market Size & Forecast (USD Million), 2019-2025
10.5. Commercial Market Size & Forecast (USD Million), 2019-2025
10.6. Industrial Market Size & Forecast (USD Million), 2019-2025
10.7. Private Establishments Market Size & Forecast (USD Million), 2019-2025
10.8. Government Buildings Market Size & Forecast (USD Million), 2019-2025
10.9. Others Market Size & Forecast (USD Million), 2019-2025

11. Geographical Analysis
11.1. Introduction
11.2. North America Market Size (USD Million), 2019-2025
11.2.1. By Type
11.2.1.1. Introduction
11.2.1.2. Market Attractiveness, By Type
11.2.1.3. BPS Analysis, By Type
11.2.1.4. Fixed Market Size & Forecast (USD Million), 2019-2025
11.2.1.4.1.1. Portable Monitors Market Size & Forecast (USD Million), 2019-2025
11.2.2. By Application
11.2.2.1. Introduction
11.2.2.2. Market Attractiveness, By Application
11.2.2.3. BPS Analysis, By Application
11.2.2.4. Residential Market Size & Forecast (USD Million), 2019-2025
11.2.2.5. Commercial Market Size & Forecast (USD Million), 2019-2025
11.2.2.6. Industrial Market Size & Forecast (USD Million), 2019-2025
11.2.2.7. Private Establishments Market Size & Forecast (USD Million), 2019-2025
11.2.2.8. Government Buildings Market Size & Forecast (USD Million), 2019-2025
11.2.2.9. Others Market Size & Forecast (USD Million), 2019-2025
11.2.3. By Country
11.2.3.1. Market Attractiveness, By End-user
11.2.3.2. BPS Analysis, By End-User
11.2.3.3. U.S. Market Size (USD Million), 2019-2025
11.2.3.4. Canada Market Size (USD Million), 2019-2025

11.3. Europe Market Size (USD Million), 2019-2025
11.3.1. By Type
11.3.1.1. Introduction
11.3.1.2. Market Attractiveness, By Type
11.3.1.3. BPS Analysis, By Type
11.3.1.4. Fixed Market Size & Forecast (USD Million), 2019-2025
11.3.1.4.1.1. Portable Monitors Market Size & Forecast (USD Million), 2019-2025
11.3.2. By Application
11.3.2.1. Introduction
11.3.2.2. Market Attractiveness, By Application
11.3.2.3. BPS Analysis, By Application
11.3.2.4. Residential Market Size & Forecast (USD Million), 2019-2025
11.3.2.5. Commercial Market Size & Forecast (USD Million), 2019-2025
11.3.2.6. Industrial Market Size & Forecast (USD Million), 2019-2025
11.3.2.7. Private Establishments Market Size & Forecast (USD Million), 2019-2025
11.3.2.8. Government Buildings Market Size & Forecast (USD Million), 2019-2025
11.3.2.9. Others Market Size & Forecast (USD Million), 2019-2025
11.3.3. By Country
11.3.3.1. Market Attractiveness, By Country
11.3.3.2. BPS Analysis, By Country
11.3.3.3. Germany Market Size (USD Million), 2019-2025
11.3.3.4. United Kingdom Market Size (USD Million), 2019-2025
11.3.3.5. France Market Size (USD Million), 2019-2025
11.3.3.6. Italy Market Size (USD Million), 2019-2025
11.3.3.7. Spain Market Size (USD Million), 2019-2025
11.3.3.8. Russia Market Size (USD Million), 2019-2025
11.3.3.9. Rest of Europe Market Size (USD Million), 2019-2025

11.4. Asia Pacific Market Size (USD Million), 2019-2025
11.4.1. By Type
11.4.1.1. Introduction
11.4.1.2. Market Attractiveness, By Type
11.4.1.3. BPS Analysis, By Type
11.4.1.4. Fixed Market Size & Forecast (USD Million), 2019-2025
11.4.1.4.1.1. Portable Monitors Market Size & Forecast (USD Million), 2019-2025
11.4.2. By Application
11.4.2.1. Introduction
11.4.2.2. Market Attractiveness, By Application
11.4.2.3. BPS Analysis, By Application
11.4.2.4. Residential Market Size & Forecast (USD Million), 2019-2025
11.4.2.5. Commercial Market Size & Forecast (USD Million), 2019-2025
11.4.2.6. Industrial Market Size & Forecast (USD Million), 2019-2025
11.4.2.7. Private Establishments Market Size & Forecast (USD Million), 2019-2025
11.4.2.8. Government Buildings Market Size & Forecast (USD Million), 2019-2025
11.4.2.9. Others Market Size & Forecast (USD Million), 2019-2025
11.4.3. By Country
11.4.3.1. Market Attractiveness, By Country
11.4.3.2. BPS Analysis, By Country
11.4.3.3. China Market Size (USD Million), 2019-2025
11.4.3.4. India Market Size (USD Million), 2019-2025
11.4.3.5. Japan Market Size (USD Million), 2019-2025
11.4.3.6. South Korea Market Size (USD Million), 2019-2025
11.4.3.7. Indonesia Market Size (USD Million), 2019-2025
11.4.3.8. Taiwan Market Size (USD Million), 2019-2025
11.4.3.9. Australia Market Size (USD Million), 2019-2025
11.4.3.10. New Zealand Market Size (USD Million), 2019-2025
11.4.3.11. Rest of Asia Pacific Market Size (USD Million), 2019-2025

11.5. Latin America Market Size (USD Million), 2019-2025
11.5.1. By Type
11.5.1.1. Introduction
11.5.1.2. Market Attractiveness, By Type
11.5.1.3. BPS Analysis, By Type
11.5.1.4. Fixed Market Size & Forecast (USD Million), 2019-2025
11.5.1.4.1.1. Portable Monitors Market Size & Forecast (USD Million), 2019-2025
11.5.2. By Application
11.5.2.1. Introduction
11.5.2.2. Market Attractiveness, By Application
11.5.2.3. BPS Analysis, By Application
11.5.2.4. Residential Market Size & Forecast (USD Million), 2019-2025
11.5.2.5. Commercial Market Size & Forecast (USD Million), 2019-2025
11.5.2.6. Industrial Market Size & Forecast (USD Million), 2019-2025
11.5.2.7. Private Establishments Market Size & Forecast (USD Million), 2019-2025
11.5.2.8. Government Buildings Market Size & Forecast (USD Million), 2019-2025
11.5.2.9. Others Market Size & Forecast (USD Million), 2019-2025
11.5.3. By Country
11.5.3.1. Market Attractiveness, By Country
11.5.3.2. BPS Analysis, By Country
11.5.3.3. Brazil Market Size (USD Million), 2019-2025
11.5.3.4. Mexico Market Size (USD Million), 2019-2025
11.5.3.5. Rest of Latin America Market Size (USD Million), 2019-2025

11.6. Middle East & Africa Market Size (USD Million), 2019-2025
11.6.1. By Type
11.6.1.1. Introduction
11.6.1.2. Market Attractiveness, By Type
11.6.1.3. BPS Analysis, By Type
11.6.1.4. Fixed Market Size & Forecast (USD Million), 2019-2025
11.6.1.4.1.1. Portable Monitors Market Size & Forecast (USD Million), 2019-2025
11.6.2. By Application
11.6.2.1. Introduction
11.6.2.2. Market Attractiveness, By Application
11.6.2.3. BPS Analysis, By Application
11.6.2.4. Residential Market Size & Forecast (USD Million), 2019-2025
11.6.2.5. Commercial Market Size & Forecast (USD Million), 2019-2025
11.6.2.6. Industrial Market Size & Forecast (USD Million), 2019-2025
11.6.2.7. Private Establishments Market Size & Forecast (USD Million), 2019-2025
11.6.2.8. Government Buildings Market Size & Forecast (USD Million), 2019-2025
11.6.2.9. Others Market Size & Forecast (USD Million), 2019-2025
11.6.3. By Country
11.6.3.1. Market Attractiveness, By Country
11.6.3.2. BPS Analysis, By Country
11.6.3.3. GCC Market Size (USD Million), 2019-2025
11.6.3.4. North Africa Market Size (USD Million), 2019-2025
11.6.3.5. South Africa Market Size (USD Million), 2019-2025
11.6.3.6. Rest of Middle East & Africa Market Size (USD Million), 2019-2025

12. Competitive Landscape
12.1. Market Share of Key Players
12.2. Market Positioning of Major Players in Global Indoor Air Quality Monitoring Device Market
12.3. Company Profiles
12.3.1. AZ Instruments
12.3.2. Thermo Fisher Scientific, Inc.
12.3.3. Siemens AG
12.3.4. Emerson Electric Co.
12.3.5. 3M Company
12.3.6. TSI, Inc.
12.3.7. Ingersoll Rand Plc.
12.3.8. HORIBA, Ltd.
12.3.9. Testo AG
12.3.10. Aeroqual
12.3.11. Awair
12.3.12. Other Prominent Players