Recent market reports forecast significant growth in the global IAQ systems industry over the next decade. Current projections estimate the market value will increase by approximately $8.0 million annually to reach an average compound growth rate of 6.9% by 2029.
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Indoor air quality refers to the air circulating within and around occupied structures. The various parameters utilised to gauge IAQ include carbon dioxide, relative humidity, volatile organic compounds, and particulate matter such as PM2.5 and PM10. Regulatory bodies prescribe limits for these factors that are often challenging to achieve in practice, as inadequate ventilation permits external pollutants to infiltrate while conditions allow internal buildup. Without adequate countermeasures, pollutants proliferating in indoor environments must unfortunately be addressed through alternative means.
Achieving acceptable IAQ proves crucial to occupational and public health yet remains elusive without targeted solutions. Symptoms tied to subpar air quality such as headaches, fatigue, eye/throat irritation, and impaired concentration underscore the necessity of effective remediation. Manufacturers are thus racing to develop innovative monitoring devices and air scrubbing systems qualified to mitigate dangerous contaminants at their source. As regulatory compliance becomes ever more rigorous worldwide and scientific understanding of risks evolves, industries serving IAQ needs will undoubtedly continue to innovate and grow.
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Market Segmentation
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region.
Segmentation by Product: air cleaners/air purifiers, air filters, carbon monoxide (CO) detectors, dehumidifiers, humidifiers, software/analytics, ultraviolet (UV) lamps, ventilators
Segmentation by End user: commercial, institutional, residential, others
Segmentation by Region: Asia-Pacific, Europe, North America, Rest of the World (RoW)
The public health consequences of deteriorating urban air quality both indoors and outside have amplified demand for effective IAQ remediation solutions. Recent investigations link substandard air to an array of chronic and acute illnesses, making air purification a higher priority for households near major pollution hotspots. Furthermore, events like the unforeseen COVID-19 pandemic that revealed indoor aerosol transmission risks raised consumer awareness of airborne disease prevention through proper ventilation and filtration.
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Scope of the Report
To analyse and forecast the market size of the global IAQ systems market.
To classify and forecast the global IAQ systems market based on product, end user, region.
To identify drivers and challenges for the global IAQ systems market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global IAQ systems market.
To identify and analyse the profile of leading players operating in the global IAQ systems market.
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Why Choose This Report
Gain a reliable outlook of the global IAQ systems market forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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TABLE OF CONTENT:
PART 1. INTRODUCTION
Description
Objectives of The Study
Market Segment
Years Considered for The Report
Key Target Audience
PART 2. RESEARCH METHODOLOGY
Primary Research
Secondary Research
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
Introduction
Drivers
Restraints
PART 5. GLOBAL INDOOR AIR QUALITY SYSTEMS MARKET BY PRODUCT
Air cleaners/air purifiers
Software/analytics
Air filters
PART 6. GLOBAL INDOOR AIR QUALITY SYSTEMS MARKET BY END USER
PART 7. GLOBAL INDOOR AIR QUALITY SYSTEMS MARKET BY REGION
PART 8. COMPANY PROFILES
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