Indoor Air Quality Monitor Market to Hit 9.22% CAGR to 2022 Driven By Smart Homes

PUNE, India, November 22, 2016 /PRNewswire/ --

The global indoor air quality monitor market (IAQM) is expected to be valued at USD 4.63 billion by 2022, growing at a CAGR of 9.22% during the forecast period dominated by fixed indoor monitors while IAQM market for physical pollutant to grow at the highest rate during the forecast period.

Complete report on global indoor air quality monitor market spread across 183 pages, profiling 11 companies and supported with 65 tables and 79 figures is now available at http://www.reportsnreports.com/reports/758289-indoor-air-quality-monitor-market-by-product-fixed-and-portable-indoor-monitor-pollutant-type-chemical-physical-and-biological-end-user-application-government-buildings-industrial-commercial-residenti-st-to-2022.html .

Supportive government regulations for effective indoor air pollution monitoring and control, growing popularity of smart homes/green buildings, ongoing government initiatives toward the development of environment-friendly industries, increasing public-private funding for effective air pollution monitoring, rising level of air pollution worldwide, and increasing public awareness related to healthcare and the environmental implications of air pollution are some of the key factors fueling the growth of the market. However, factors such as high product costs and technical limitations associated with indoor air quality monitoring products are restraining the growth of the market.  

Fixed indoor monitors accounted for the largest share of the IAQM market in 2015. The growth in the market for fixed indoor monitor scan be attributed to the growing installation of AQM stations; their technological benefits such as real-time monitoring capability, options for analog or digital output, and limited sample volume required for air quality analysis; and the continuous initiatives to raise awareness regarding the rising indoor air pollution levels and their health implications.

The IAQM market for physical pollutants is expected to grow at the highest rate during the forecast period. The market growth is mainly driven by factors such as the increasing number of stringent regulatory guidelines that mandate the regular monitoring of physical pollutants in key industries such as power plants and petrochemical industries as well as the growing availability of particulate matter sensors in the major markets.

The significant increase in the demand for indoor air quality monitoring products among residential users is mainly because of the growing public awareness about the health implications of indoor air pollution (coupled with  the increased level of indoor or house-hold air pollution), rising adoption of green building & smart home technologies across developed countries worldwide, and recent technological advancements in the field of indoor air monitoring (such as wearable devices and mobile-based software).

The IAQM market in APAC is expected to grow at the highest ratebetween2016 and2022. This market growth can be attributed to the large-scale industrialization in the region, implementation of stringent air pollution regulations across major Asian countries, growing emphasis of the governments on industry compliance with safety environment regulations, and continuous government support for the development and commercialization of advanced IAQM products.

The report also profiles the key players in the indoor air quality monitor market and analyzes their market ranking. The prominent players profiled in this report are Thermo Fisher Scientific, Inc. (U.S.), Siemens AG (Germany), Emerson Electric Co. (U.S.), 3M Company (U.S.), TSI, Inc. (U.S.),  Ingersoll Rand Plc. (Ireland), HORIBA, Ltd. (Japan), Testo AG (Germany), Aeroqual (U.S.), and Nest Labs Inc. (U.S.), among others. Order a copy of Indoor Air Quality Monitor Market by Product (Fixed, and Portable Indoor Monitor), Pollutant Type (Chemical, Physical, and Biological), End-User Application (Government Buildings, Industrial, Commercial, Residential) - Global Forecast to 2022 research report available at http://www.reportsnreports.com/purchase.aspx?name=758289 .

The report includes in-depth competitive analysis of these key players in the indoor air quality monitor market, with their company profiles, SWOT analysis, recent developments, and key market strategies. In the process of determining and verifying, the global indoor air quality monitor market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (45%), Tier 2 (35%) and Tier 3 (20%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level Executives (50%), Managers (30%) and others (20%) from various key organizations operating in the global indoor air quality monitor market. The primary interviews were conducted worldwide covering regions such as North America (50%), Europe (25%), APAC (20%) and RoW (5%).

On a related note, another research on Air Quality Monitoring Market Forecast to 2021 says, North America is estimated to command the largest share of the global air quality monitoring market in 2016, followed by Europe. The global AQM market is estimated to grow at a high CAGR of 8.5% from 2016 to 2021 to reach USD 5.64 billion by 2021. Companies like Teledyne Technologies Inc. (U.S.), Siemens AG (Germany), Emerson Electric Co. (U.S.), General Electric Company (U.S.), 3M Company (U.S.), HORIBA, Ltd. (Japan), Servomex (U.K.), MERCK KGaA (Germany), TSI, Inc. (U.S.), Servomex Group Ltd. (U.K.), and Testo AG have been profiled in this 180 pages research report available at http://www.reportsnreports.com/reports/360190-air-quality-monitoring-equipment-market-by-product-portable-fixed-gas-dust-particulate-monitors-end-user-commercial-residential-power-pharmaceutical-academia-component-physical-chemical-biological-global-forecast-to-2019.html .

Explore more reports on the Semiconductor and Electronics market at http://www.reportsnreports.com/market-research/semiconductor-and-electronics/ .

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