Indoor Air Quality Monitor Market to Surpass the USD 4.6 Bn Mark by 2022, Forecasts M&M in New Report Available at MarketPublishers.com29 Nov 2016 • by Natalie Aster
LONDON – Globally, the demand for smart homes is increasing, and this increase ignites the demand for indoor air quality monitors. Other important drivers of the indoor air quality monitor marketplace comprise: emerging “green” industries, government support, growing funding for effective monitoring of air pollution, and more.
This market is predicted to showcase a CAGR of slightly over 9% in the offing. It is expected to reach a value of above USD 4.6 billion by 2022. Still there are some restraints that hit this market, and high costs associated with solutions of such a type are one of major ones. Technical limitations relative to air quality monitoring products are another restraint.
Emerging markets offer untapped opportunities to players. The growing industrial sector also creates new opportunities for the future growth.
As of 2015, fixed indoor monitors formed the largest segment of the worldwide market.
In the meantime, the IAQM market for physical pollutants are is set to showcase the highest growth race in the offing.
APAC will be the fastest growing regional marketplace owing to large-scale industrialization that takes place in this region. Stringent pollution regulations across it also encourage the growth.
3M Company, TSI and Siemens are some of major players in the global space.
New research report “Indoor Air Quality Monitor Market - Global Forecast to 2022” developed by M&M offers a comprehensive discussion of the current state of the worldwide IAQM marketplace. The study starts with an all-inclusive overview of the global market.
It throws light on factors that drive change: be they drivers, restraints or challenges. The report concentrates on opportunities of the marketplace, as well. The research study comprises detailed insights into the industry performance.
It insightfully examines this marketplace on the basis of an array of factors: products, end-use applications, etc. The research report looks at regional marketplaces, besides casting light on top countries.
The study limelights the competitive environment and includes detailed profiles of market leaders. Future projections are on hand in the report, too.
Other reports by the publisher are available in the M&M catalogue.