Allied Market Research
Loading...
0
Allied Market Research

HVAC Air Quality Monitoring Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A10715
Pages: NA
Aug 2021 | 231 Views
   
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the HVAC Air Quality Monitoring Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

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.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD Millions)

  Segments covered

Product Type, Pollutant Type, Application, Industry Verticals and Region

  Regions covered

North America (US, Mexico, and Canada), Europe (Germany, UK, Netherlands, Italy, and France), Asia-Pacific (China, Japan, South Korea, Sri Lanka, and India), LAMEA (Latin America, Middle East, and Africa)

  Companies covered

The key players in the HVAC air quality monitoring market include 3M Company, Testo, Emerson Electric, Siemens, TSI Incorporated, Honeywell International, Thermo Fisher Scientific, Air Monitors, Aeroqual Ltd and Oizom Instruments among others.

 

COVID-19 scenario analysis:

  • COVID-19 pandemic has forced many companies including manufacturers and service providers in the HVAC market to halt their business operations to comply with new government rules and regulations. This halt in operations directly impacts the revenue flow of the market players and thereby the global HVAC market. 
  • Moreover, research scientists are unable to rule out the possibility of spread of coronavirus through heating, ventilation, and air conditioning (HVAC) systems. 
  • Consumers around the world are confused whether HVAC air filtration systems can protect them from COVID-19 exposure. 
  • Some systems like germicidal wavelength UV fixtures were capable of filtering air in previous cases of SARS and MERS viruses but the same cannot be scientifically claimed for COVID-19, as research is still ongoing.
  • Installation and servicing operations would be impeded as contact prevention norms reduce the number of orders that can be handled per day by HVAC companies.
  • Therefore, the HVAC air quality monitoring market is expected to get negatively affected in 2020.

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 segments covered:

Segments

Subsegments

  Product Type

  • Portable
  • Stationary

  Pollutant Type

  • Chemical
  • Biological
  • Physical

  Application

  • Institutional
  • Industrial
  • Commercial
  • Residential

 

  Industry verticals

 

  • Construction
  • Healthcare
  • Hospitality
  • Pharmaceutical
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global HVAC air quality monitoring industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global HVAC air quality monitoring market share.
  • The current market is quantitatively analyzed from 2019 to 2027 to highlight the global HVAC air quality monitoring market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global HVAC air quality monitoring market analysis based on competitive intensity and how the competition will take shape in coming years.
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
HVAC Air Quality Monitoring Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers