Frequently asked questions
The global indoor air quality monitor market was valued at USD 4684.5 Million in 2022.
The indoor air quality monitor market is expected to grow at a CAGR of 8.6% between 2023 and 2030, reaching USD 9063.6 Million in 2030.
Chemical sensors are the leading segment by type of IAQ monitor, holding over 34% share in value in 2022.
The fixed IAQ monitors segment governs the global demand for indoor air quality monitors, holding a massive share of over 36% in 2022.
The healthcare application segment will post the highest CAGR over the projection period.
With more than one-third of the market in 2022, North America is driving the expansion of the indoor air quality monitor industry.
The top players include 3M Company, Agilent Technologies Inc, Acoem Group, Bacharach Inc, Aeroqual Limited, Ambient Weather, Awair Inc, Airboxlab SA (Foobot), Airveda Technologies Pvt Ltd, Alpha Controls & Instrumentation Inc, Autotronic Enterprise Co. Ltd, AZ Instrument Corp., Airthings, Aircuity Inc, AMETEK MOCON, and Others.
Major market drivers of the indoor air quality monitoring industry include increasing health & wellness awareness, regulatory initiatives for air quality standards, and the rise of smart buildings with IoT integration.
Major market restraints of the indoor air quality monitoring industry comprise the high cost of advanced monitoring solutions, limited consumer awareness, and a lack of stringent air quality regulations in some regions.
Major market opportunities for the indoor air quality monitoring industry are driven by the growing focus on healthy indoor environments and the integration of IoT technology into smart buildings to enable real-time monitoring and automated air quality improvements.