Product Overview

The wellbeing, comfort, and health of the people inside the building is affected by indoor air quality. The nearby air pollution has its own set of regulations characterized and monitored in countries around the world. The air quality monitoring system is aimed at preventing hazardous air pollution by people and the environment. In the last few years, the market for indoor air quality monitoring systems showed substantial growth and is projected to increase during the forecast period.

Market Highlights

Global Indoor Air Quality Market is expected to project a notable CAGR of 10.6% in 2030.

Global Indoor Air Quality Market to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of 10.6% in the coming years, i.e., 2021-30. The increased public awareness of air pollution and its impact on health and the environment is one of the major elements going to boost the market growth. Additional aspects for the market growth include rising smart home's popularity, efficient policy controls and surveillance of indoor air pollution, and increased R&D funding for appropriate air pollution monitoring.

Global Indoor Air Quality Market: Segments

Continuous segment to grow with the highest CAGR during 2020-30

Global Indoor Air Quality Market is segmented by sampling method Type into continuous, passive, intermittent, manual, and stack sampling. During the projected timeline, the Continuous segment is expected to have the highest market share. The largest proportion was represented in 2020 by the continuous sampling method segment. The results are the rapid improvement of advanced sustained monitoring systems and the large installed base of air monitoring stations, which can be directly linked to the implementation of supported government regulations on efficacious air pollution monitoring throughout other large market areas.

Government agencies segment to grow with the highest CAGR during 2020-30

Global Indoor Air Quality Market is divided by Application into the pharmaceutical industry, government agencies and academic institutes, commercial and residential users, petrochemical industry, power generation plants, smart city authority, and others. The largest proportion was accounted for in 2020 by government agencies and academic institutions. The large proportion of this segment is due to strict environmental regulation, increased government investment in efficacious AQM, and enhanced installation of AQM stations around the world.

Market Dynamics

Drivers

Increased public awareness

Increased public awareness of air pollution and its impact on health and the environment is one of the major elements going to boost the market growth. Additional aspects for the market growth include rising smart home's popularity, efficient policy controls and surveillance of indoor air pollution, and increased R&D funding for appropriate air pollution monitoring.

Introduction of green buildings

Green buildings are increasingly being built, one of the factors that drive growth in the global air quality market. Green buildings are efficient and high-performance buildings that contribute to the efficient use of water, electricity, and other resources to reduce environmental stress. They also boost the effectiveness of employees through the protection of occupants' health. High-performance buildings are being developed through the installation of air quality indoor and complex models for sources of ventilation, thus stimulating the growth of the indoor air quality market in the next few years.

Restraint

Lack of regulation

Rising cost and high maintenance of products, technical restrictions on these devices, and lack of knowledge in emerging economies are some of the key constraints on the indoor air quality monitor market.

Global Indoor Air Quality Market: Key Players

Aprilaire

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Camfil

Carrier Global Corp.

Daikin Industries Ltd.

General Filters Inc.

Gree Electric Appliances Inc.

Honeywell International Inc.

Johnson Controls International Plc

Lennox International Inc.

LG Electronics Inc.

Mann+Hummel

Munters Ab

Other Prominent Players

Global Indoor Air Quality Market: Regions

Global Indoor Air Quality Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa.

During the projected timeline, APAC ought to have the highest share in the total market for Indoor Air Quality. This market has been segmented into China, Japan, South Korea, and APAC's Rest (RoAPAC). RoAPAC contains Singapore, Thailand, Malaysia, India, New Zealand, and Australia. China is the nation's biggest APAC market. The market for air quality control systems is divided into four main regions: North America, Europe, Asia, and the Pacific, and the rest of the world. One of the main revenue-generating areas on the market is the Asia Pacific region. In the coming years, this market is anticipated to witness high growth, mainly because of the large-scale industrializations in the developing APAC countries, growing tightly regulated air pollution, and constant government support to develop and market sophisticated AQM products in that region.

Global Indoor Air Quality Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey,, and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Global Indoor Air Quality Market report also contains analysis on:

Indoor Air Quality Segments:

By Sampling Method:

Continuous, passive

Intermittent

Manual

Stack sampling

By Application

Pharmaceutical industry

Government agencies and academic institutes

Commercial and residential users

Petrochemical industry

Power generation plants

Smart city authority

Others

Indoor Air Quality Market Dynamics

Indoor Air Quality Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Indoor Air Quality Market Report Scope and Segmentation:

Frequently Asked Questions

How big is the Indoor Air Quality market

What is the Indoor Air Quality market growth

Which segment accounted for the largest Indoor Air Quality market share

Who are the key players in the Indoor Air Quality market

What are the factors driving the Indoor Air Quality market

Contents

1. Executive Summary

2. Global Indoor Air Quality Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Indoor Air Quality Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Indoor Air Quality Market

1. Market Size & forecast, 2020A-2030F

1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12. Global Indoor Air Quality Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Sampling Method: Market Share (2020-2030F)

1. continuous, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. passive, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. intermittent, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. manual, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. stack sampling, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. By Application: Market Share (2020-2030F)

1. pharmaceutical industry, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. government agencies and academic institutes, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. commercial and residential users, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030

4. petrochemical industry, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. power generation plants, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030

6. smart city authority, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030

7. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030

Company Profile

1. Aprilaire

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. Camfil

3. Carrier Global Corp.

4. Daikin Industries Ltd.

5. General Filters Inc.

6. Gree Electric Appliances Inc.

7. Honeywell International Inc.

8. Johnson Controls International Plc

9. Lennox International Inc.

10. LG Electronics Inc.

11. Mann+Hummel

12. Munters Ab

13. Other Prominent Players

Consultant Recommendation

**The above-given segmentation and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)