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| Report Code: A10715 | Nov 2023 | Pages: NA | ||
| Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Hvac Air Quality Monitoring Market
Request Now !Air quality monitoring systems are used for measurement and control of air pollution. Air pollution is currently considered to be the biggest environmental threat to human health. According to the United Nations Economic Commission for Europe, air pollution accounts for roughly 7 million deaths globally per year. Air pollution is known to cause and/or exacerbate a number of diseases, ranging from asthma to cancer, pulmonary illnesses, and heart disease. Rise in levels of air pollution has led to implementation of stringent government regulations for effective air pollution monitoring and control across the globe. Awareness of rise in levels of air pollution has resulted in initiatives by various industries toward development of environment-friendly technology and processes. Environment-friendly policies by industries and governments alike as well as increasing public awareness related to effects of air pollution on health and the environment are some of the important drivers of the market. Indoor air quality (IAQ) refers to quality of air that is circulated inside a building. Since indoor air is continuously being recycled by HVAC systems, this can cause build-up of pollutants in air inside a building. It is thus crucial to monitor quality of indoor air as people are inside of buildings for majority of their days. Spending large amounts of time inside buildings and continuously breathing air that is polluted or compromised in quality may lead to development of severe health problems and aggravation of existing conditions. Polluted or low-grade can also adversely affect the comfort and work performance of people inside the building. Indoor air quality monitoring measures not only concentrations of pollutants in indoor air, but also temperature and humidity of indoor air.
COVID-19 scenario analysis:
Top impacting factors: Market Scenario Analysis, Trends, Drivers, Opportunities, Restraints, and Impact Analysis
HVAC air quality monitoring are used in buildings to monitor the quality of air being circulated inside the building. Rising global population, urbanization, and increase in investments in development of infrastructure around the world are important factors behind growth of the market. In addition, increase in global construction activities in both commercial and residential sectors is expected to help boost the market. Increase in regulations regarding the operational standards of HVAC equipment and the rising awareness regarding the importance of air quality monitoring to reduce health problems caused by the harmful effects of air pollution are also important driving factors for the market. The restraints for the market come from the high initial cost of HVAC air quality monitoring equipment. The growing importance of sterile and contaminant free air in healthcare facilities, medical & pharmaceutical research laboratories, and other industries such as the hospitality sector including hotels and food service establishments is expected to help the global HVAC air quality monitoring market grow in the future is expected to boost sales and provide new growth opportunities to the global HVAC air quality monitoring market.
The global HVAC air quality monitoring market trends are as follows:
Stringent environmental regulations
Rise in levels of air pollution has led to implementation of stringent government regulations for effective air pollution monitoring and control across the world. Awareness of the rising levels of air pollution has resulted in initiatives by various industries towards the development of environment-friendly technology and processes. Environment-friendly policies by industries and governments alike as well as increasing public awareness related to the effects of air pollution on health and the environment are some of the important drivers of the market. HVAC air quality monitoring market is also aided by the growing popularity of green buildings due to the rising awareness regarding health and environmental implications of indoor air pollution. Governments and regulatory bodies in many developed nations especially have introduced stringent regulations regarding the quality control of indoor air. For example, the Indoor Air Quality Association (IAQA), Environmental Protection Agency (EPA) and the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) have formulated in detailed guides and regulations for the inspection of mold and moisture in schools and other educational facilities. Prolonged exposure to biological contaminants like mold and fungi can cause health complications like asthma and allergic reactions. Leadership in Energy and Environmental Design (LEED) which is the certification and rating system for green buildings in 165 countries around the world also employ and impose the ASHRAE regulations to monitor indoor air quality. As a result, most green buildings are installed with HVAC air quality monitoring systems to comply with these standards and regulations.
Growth of global construction industry
Growth in population, urbanization, and increase in standard of living of consumers around the world, the global HVAC air quality monitoring market is expected to expand. These factors are expected to aid the global HVAC air quality monitoring grow as the growth of the global HVAC industry goes hand in hand with growth of urbanization. With rising disposable income, consumers are increasingly looking for increased comfort in their living or working conditions. A HVAC air quality monitoring system that is capable of monitoring the quality of air being circulated can make the living conditions healthier, more comfortable and prevent serious health conditions or the aggravation of pre-existing conditions. Temperature control is important to maintain optimal living conditions and provide comfort. Contaminated air, fumes, dust and other forms of pollutants can enter the building, causing respiratory diseases, aggravation of diseases such as asthma, allergic reactions and other related health problems. Everyday appliances such as water heaters, clothes dryers, and furnaces release poisonous gases like carbon monoxide. Leaky ductwork in the heating and cooling system may cause back drafting, where these gases are drawn back into the living space. These factors are expected to help grow the demand of HVAC in the global food and beverages industry and thus help the global HVAC air quality monitoring industry grow. With rising global population and increasing number of nuclear families around the world, the HVAC air quality monitoring market is also expected to flourish. The residential construction sector is growing around the world and the demand for HVAC air quality monitoring is expected to continue to grow with this. The number of industrial plants and commercial office spaces, shopping malls, libraries, public infrastructure projects and private real estate development are growing globally as global population and urbanization increases. Schools, hospitals and other public facilities are being built, expanded or updated. These factors are expected to help grow the demand for HVAC systems around the world and thus in turn help the global HVAC actuators market grow.
Key benefits of the report:
HVAC Air Quality Monitoring Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
| Aspects | Details |
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| By Pollutant Type |
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| By Application |
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| By Industry verticals |
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| Key Market Players | Thermo Fisher Scientific, Oizom Instruments, TSI Incorporated, Siemens, M Company, Emerson Electric, Air Monitors, Testo, Aeroqual Ltd, Honeywell International |
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