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Global Indoor Air Quality Solutions Market 2018-2022 | Increasing Emphasis on Advanced HVAC to Boost Demand | Technavio

The global indoor air quality solutions market 2018-2022 is expected to post a CAGR of close to 6% during the forecast period, according to the latest market research report by Technavio.

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Technavio predicts the global indoor air quality solutions market to post a CAGR of close to 6% by 2 ...

Technavio predicts the global indoor air quality solutions market to post a CAGR of close to 6% by 2022. (Graphic: Business Wire)

A key factor driving the growth of the market is increasing demand for smart air quality monitoring equipment. 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 technology 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 market research report on the global indoor air quality solutions market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

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In this report, Technavio highlights the increasing emphasis on advanced HVAC as one of the key emerging trends in the global indoor air quality solutions market:

Global indoor air quality solutions market: Increasing emphasis on advanced HVAC

The global indoor air quality solutions market is seeing 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 HVAC use 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 HVAC, resulting in improved air quality,” says a senior analyst at Technavio.

Global indoor air quality solutions market: Segmentation analysis

This market research report segments the global indoor air quality solutions market by product (equipment and services) and geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of close to 41%, followed by APAC and EMEA respectively. However, the APAC and EMEA region is expected to witness significant growth during the forecast period, owing to the increasing demand for innovative and cost-effective indoor air quality solutions equipment and services.

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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.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

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 focuses 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 10,000 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.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts:

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

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