HVAC Air Quality Monitoring Market Size & Share 2023 to 2032

Market Size by Product (Portable, Stationary), by Pollutant (Chemical, Physical {Particulate Matter[PM10, PM2.5, PM1, TSP]}, Biological), by Application (Industrial, Commercial, Institutional, Residential) & Forecast.

Report ID: GMI3153

Published Date: April 2023

Report Format: PDF

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HVAC Air Quality Monitoring Market Size

HVAC Air Quality Monitoring Market size surpassed USD 40 billion in 2022 and is anticipated to register 5% CAGR from 2023 to 2032 attributed to the surging installation rate of indoor air quality monitors.

HVAC Air Quality Monitoring Market

The increasing focus on facilitating enhanced health & well-being of occupants across the commercial and residential sectors has spurred the need for improving the overall air quality. Thus, the adoption of indoor air quality monitors is gaining significant momentum as they offer real-time data on air quality while assisting building owners and managers in identifying potential problems for taking appropriate actions for ensuring the proper functioning of the HVAC systems.

Escalating installation costs to restrict product espousal

Higher prices incurred during fitting of these systems may pose as a considerable challenge for the HVAC air quality monitoring market expansion. The ordination process of air quality monitors is complex as it requires specialized equipment and professional expertise. This has led to the significantly increased cost of installation, turning the monitors prohibitively expensive for customers.

HVAC Air Quality Monitoring Market Analysis

Global HVAC Air Quality Monitoring Market, By Pollutants

HVAC air quality monitoring market size from the chemical segment is poised to register 5% growth during 2023-2032. The surging levels of chemical air pollutants and their subsequent awareness across the globe are adding to the increased need of air quality monitoring systems in the chemical sector. These systems detect all the chemical pollutants harming the environment and human health, including volatile organic compounds (VOCs), CO2, and heavy metals released by several modes of transportation. The increasing prominence of trains, ships, and airplanes along with the subsequently rising rate of pollutants will drive the product preference.

HVAC air quality monitoring market valuation from industrial applications had reached over USD 1.2 billion revenue in 2022. The increasing activities across chemical plants and mines have contributed to the presence of rising concentrations of harmful pollutants, further necessitating air quality monitoring. Several pollutants, including VOCs and NOx & Cox are largely emitted by volatile chemical product usage, construction materials, and industrial processes. The thriving concerns regarding the accumulation of chemical pollutants driven by insufficient ventilation facilities leading to adverse impacts on health of workers will further push the product demand.

North America HVAC Air Quality Monitoring Market

North America HVAC air quality monitoring industry is slated to exceed USD 1.6 billion by of 2032. The growth can be mainly credited to the increasing number of government initiatives to improve air quality monitoring in the U.S. For instance, the U.S. Environmental Protection Agency (EPA), in November 2022, secured USD 53.4 million from the president’s Inflation Reduction Act and American Rescue Plan for spearhing nearly 132 air monitoring projects across 37 states. Besides helping in improving the air quality monitoring within the country, the projects focused on individuals that are marginalized, underserved, and heavily affected by the pollution.

HVAC Air Quality Monitoring Market Share

Some of the leading industry players include:

Honeywell
Siemens
PerkinElmer Inc
Teledyne Technologies
Thermo Fisher
Emerson Electric Co.,
Agilent.

These firms are working on new product launches, partnerships, acquisitions, and capacity expansions to increase their global presence and attain competitive edges. For instance, Honeywell, in February 2022, unveiled a new indoor air quality monitor for measuring important IAQ parameters, including relative humidity and temperature & indoor air pollutants. The new device offers indexed results to assess the health of the indoor environment along with detecting improvement opportunities.

This market research report on HVAC air quality monitoring includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments:

Market, By Product

Portable
- PM Sensor
- Other
Stationary

Market, By Pollutant

Chemical
- NOx
- SOx
- COx
- VOCs
- Others
Physical
- Particulate matter
  - PM10
  - PM2.5
  - PM1
  - TSP
- Others
Biological

Market, By Application:

Industrial
Commercial
Institutional
Residential

The above information has been provided for the following regions and countries:

North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
Asia Pacific
- China
- India
- Japan
- South Korea
- Oceania
- Indonesia
- Malaysia
- Singapore
- Vietnam
Latin America
- Brazil
- Mexico
- Colombia
MEA
- UAE
- Saudi Arabia
- South Africa
- Kuwait

Authors: Suraj Gujar, Ankita Chavan

HVAC Air Quality Monitoring Market Scope

HVAC Air Quality Monitoring Market Size
HVAC Air Quality Monitoring Market Trends

HVAC Air Quality Monitoring Market Analysis
HVAC Air Quality Monitoring Market Share

Report Content

Chapter 1 Methodology and Scope

1.1 Market scope & definitions

1.2 Base estimates and calculations

1.3 Forecast calculations

1.4 Data Sources

1.4.1 Primary

1.4.2 Secondary

1.4.2.1 Paid sources

1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 HVAC air quality monitoring industry 360° synopsis, 2018-2032

2.2 Business trends

2.2.1 Total Addressable Market (TAM), 2023-2032

2.3 Product trends

2.4 Pollutant trends

2.5 Application trends

2.6 Regional trends

Chapter 3 HVAC Air Quality Monitoring Market Industry Insights

3.1 Impact of COVID-19

3.1.1 North America

3.1.2 Europe

3.1.3 Asia Pacific

3.1.4 Latin America

3.1.5 MEA

3.2 Russia- Ukraine war impact

3.3 Industry ecosystem analysis

3.3.1 Raw material suppliers

3.3.2 Manufacturers

3.3.3 Distributors

3.3.4 End-users

3.3.5 Profit margin analysis

3.3.6 Vendor matrix

3.4 Technology & innovation landscape

3.4.1 IoT-based air pollution monitoring system

3.4.2 Mobile air quality monitoring

3.4.3 Stationary monitoring with low-cost air sensors

3.5 Patent analysis

3.6 Key initiative and news

3.7 Regulatory landscape

3.7.1 North America

3.7.2 Europe

3.7.3 Asia Pacific

3.7.4 Latin America

3.7.5 MEA

3.8 Industry impact forces

3.8.1 Growth drivers

3.8.1.1 Growing installation of indoor air quality monitors

3.8.1.2 Rising adoption of sensors in air quality monitors for the commercial and household sectors

3.8.1.3 Increasing awareness of rising air pollution

3.8.1.4 Surging need for smart home appliances

3.8.1.5 Government regulations on sustainable appliances

3.8.2 Industry pitfalls & challenges

3.8.2.1 High cost of product installation

3.8.2.2 The use of advanced technology for air quality measurement is still limited

3.9 Growth potential analysis

3.10 Porter's analysis

3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction

4.2 Company market share, 2022

4.3 Competitive analysis of major market players, 2022

4.3.1 Honeywell

4.3.2 Teledyne Technologies

4.3.3 Emerson Electric Co.

4.3.4 Siemens AG

4.3.5 PerkinElmer Inc.

4.3.6 Agilent Technologies

4.4 Competitive positioning matrix

4.5 Strategic outlook matrix

Chapter 5 HVAC Air Quality Monitoring Market, By Product

5.1 Key trends, by product

5.2 Portable

5.2.1 Market estimates and forecast, 2018-2032

5.2.2 PM Sensor

5.2.2.1 Market estimates and forecast, 2018-2032

5.2.3 Others

5.2.3.1 Market estimates and forecast, 2018-2032

5.3 Stationary

5.3.1 Market estimates and forecast, 2018-2032

Chapter 6 HVAC Air Quality Monitoring Market, By Pollutant

6.1 Key trends, by pollutant

6.2 Chemical

6.2.1 Market estimates and forecast, 2018-2032

6.2.2 NOx

6.2.2.1 Market estimates and forecast, 2018-2032

6.2.3 SOx

6.2.3.1 Market estimates and forecast, 2018-2032

6.2.4 COx

6.2.4.1 Market estimates and forecast, 2018-2032

6.2.5 VOCs

6.2.5.1 Market estimates and forecast, 2018-2032

6.2.6 Others

6.2.6.1 Market estimates and forecast, 2018-2032

6.3 Physical

6.3.1 Market estimates and forecast, 2018-2032

6.3.2 Particulate matter

6.3.2.1 Market estimates and forecast, 2018-2032

6.3.2.2 PM10

6.3.2.2.1 Market estimates and forecast, 2018-2032

6.3.2.3 PM2.5

6.3.2.3.1 Market estimates and forecast, 2018-2032

6.3.2.4 PM1

6.3.2.4.1 Market estimates and forecast, 2018-2032

6.3.2.5 TSP

6.3.2.5.1 Market estimates and forecast, 2018-2032

6.3.3 Others

6.3.3.1 Market estimates and forecast, 2018-2032

6.4 Biological

6.4.1 Market estimates and forecast, 2018-2032

Chapter 7 HVAC Air Quality Monitoring Market, By Application

7.1 Key trends, by application

7.2 Industrial

7.2.1 Market estimates and forecast, 2018-2032

7.3 Commercial

7.3.1 Market estimates and forecast, 2018-2032

7.4 Institutional

7.4.1 Market estimates and forecast, 2018-2032

7.5 Residential

7.5.1 Market estimates and forecast, 2018-2032

Chapter 8 HVAC air quality monitoring Market, By Region

8.1 Key trends, by region

8.2 North America

8.2.1 Market estimates and forecast, by product, 2018-2032

8.2.2 Market estimates and forecast, by pollutant, 2018-2032

8.2.3 Market estimates and forecast, by application, 2018-2032

8.2.4 U.S.

8.2.4.1 Market estimates and forecast, by product, 2018-2032

8.2.4.2 Market estimates and forecast, by pollutant, 2018-2032

8.2.4.3 Market estimates and forecast, by application, 2018-2032

8.2.5 Canada

8.2.5.1 Market estimates and forecast, by product, 2018-2032

8.2.5.2 Market estimates and forecast, by pollutant, 2018-2032

8.2.5.3 Market estimates and forecast, by application, 2018-2032

8.3 Europe

8.3.1 Market estimates and forecast, by product, 2018-2032

8.3.2 Market estimates and forecast, by pollutant, 2018-2032

8.3.3 Market estimates and forecast, by application, 2018-2032

8.3.4 UK

8.3.4.1 Market estimates and forecast, by product, 2018-2032

8.3.4.2 Market estimates and forecast, by pollutant, 2018-2032

8.3.4.3 Market estimates and forecast, by application, 2018-2032

8.3.5 Germany

8.3.5.1 Market estimates and forecast, by product, 2018-2032

8.3.5.2 Market estimates and forecast, by pollutant, 2018-2032

8.3.5.3 Market estimates and forecast, by application, 2018-2032

8.3.6 France

8.3.6.1 Market estimates and forecast, by product, 2018-2032

8.3.6.2 Market estimates and forecast, by pollutant, 2018-2032

8.3.6.3 Market estimates and forecast, by application, 2018-2032

8.3.7 Italy

8.3.7.1 Market estimates and forecast, by product, 2018-2032

8.3.7.2 Market estimates and forecast, by pollutant, 2018-2032

8.3.7.3 Market estimates and forecast, by application, 2018-2032

8.3.8 Spain

8.3.8.1 Market estimates and forecast, by product, 2018-2032

8.3.8.2 Market estimates and forecast, by pollutant, 2018-2032

8.3.8.3 Market estimates and forecast, by application, 2018-2032

8.3.9 Netherlands

8.3.9.1 Market estimates and forecast, by product, 2018-2032

8.3.9.2 Market estimates and forecast, by pollutant, 2018-2032

8.3.9.3 Market estimates and forecast, by application, 2018-2032

8.4 Asia Pacific

8.4.1 Market estimates and forecast, by product, 2018-2032

8.4.2 Market estimates and forecast, by pollutant, 2018-2032

8.4.3 Market estimates and forecast, by application, 2018-2032

8.4.4 China

8.4.4.1 Market estimates and forecast, by product, 2018-2032

8.4.4.2 Market estimates and forecast, by pollutant, 2018-2032

8.4.4.3 Market estimates and forecast, by application, 2018-2032

8.4.5 India

8.4.5.1 Market estimates and forecast, by product, 2018-2032

8.4.5.2 Market estimates and forecast, by pollutant, 2018-2032

8.4.5.3 Market estimates and forecast, by application, 2018-2032

8.4.6 Japan

8.4.6.1 Market estimates and forecast, by product, 2018-2032

8.4.6.2 Market estimates and forecast, by pollutant, 2018-2032

8.4.6.3 Market estimates and forecast, by application, 2018-2032

8.4.7 Oceania

8.4.7.1 Market estimates and forecast, by product, 2018-2032

8.4.7.2 Market estimates and forecast, by pollutant, 2018-2032

8.4.7.3 Market estimates and forecast, by application, 2018-2032

8.4.8 Indonesia

8.4.8.1 Market estimates and forecast, by product, 2018-2032

8.4.8.2 Market estimates and forecast, by pollutant, 2018-2032

8.4.8.3 Market estimates and forecast, by application, 2018-2032

8.4.9 Malaysia

8.4.9.1 Market estimates and forecast, by product, 2018-2032

8.4.9.2 Market estimates and forecast, by pollutant, 2018-2032

8.4.9.3 Market estimates and forecast, by application, 2018-2032

8.4.10 South Korea

8.4.10.1 Market estimates and forecast, by product, 2018-2032

8.4.10.2 Market estimates and forecast, by pollutant, 2018-2032

8.4.10.3 Market estimates and forecast, by application, 2018-2032

8.4.11 Singapore

8.4.11.1 Market estimates and forecast, by product, 2018-2032

8.4.11.2 Market estimates and forecast, by pollutant, 2018-2032

8.4.11.3 Market estimates and forecast, by application, 2018-2032

8.4.12 Vietnam

8.4.12.1 Market estimates and forecast, by product, 2018-2032

8.4.12.2 Market estimates and forecast, by pollutant, 2018-2032

8.4.12.3 Market estimates and forecast, by application, 2018-2032

8.5 Latin America

8.5.1 Market estimates and forecast, by product, 2018-2032

8.5.2 Market estimates and forecast, by pollutant, 2018-2032

8.5.3 Market estimates and forecast, by application, 2018-2032

8.5.4 Brazil

8.5.4.1 Market estimates and forecast, by product, 2018-2032

8.5.4.2 Market estimates and forecast, by pollutant, 2018-2032

8.5.4.3 Market estimates and forecast, by application, 2018-2032

8.5.5 Mexico

8.5.5.1 Market estimates and forecast, by product, 2018-2032

8.5.5.2 Market estimates and forecast, by pollutant, 2018-2032

8.5.5.3 Market estimates and forecast, by application, 2018-2032

8.5.6 Colombia

8.5.6.1 Market estimates and forecast, by product, 2018-2032

8.5.6.2 Market estimates and forecast, by pollutant, 2018-2032

8.5.6.3 Market estimates and forecast, by application, 2018-2032

8.6 MEA

8.6.1 Market estimates and forecast, by product, 2018-2032

8.6.2 Market estimates and forecast, by pollutant, 2018-2032

8.6.3 Market estimates and forecast, by application, 2018-2032

8.6.4 UAE

8.6.4.1 Market estimates and forecast, by product, 2018-2032

8.6.4.2 Market estimates and forecast, by pollutant, 2018-2032

8.6.4.3 Market estimates and forecast, by application, 2018-2032

8.6.5 Saudi Arabia

8.6.5.1 Market estimates and forecast, by product, 2018-2032

8.6.5.2 Market estimates and forecast, by pollutant, 2018-2032

8.6.5.3 Market estimates and forecast, by application, 2018-2032

8.6.6 South Africa

8.6.6.1 Market estimates and forecast, by product, 2018-2032

8.6.6.2 Market estimates and forecast, by pollutant, 2018-2032

8.6.6.3 Market estimates and forecast, by application, 2018-2032

8.6.7 Kuwait

8.6.7.1 Market estimates and forecast, by product, 2018-2032

8.6.7.2 Market estimates and forecast, by pollutant, 2018-2032

8.6.7.3 Market estimates and forecast, by application, 2018-2032

Chapter 9 Company Profiles

9.1 3M

9.1.1 Business Overview

9.1.2 Financial Data

9.1.3 Product Landscape

9.1.4 Strategic Outlook

9.1.5 SWOT Analysis

9.2 Aeroqual

9.2.1 Business Overview

9.2.2 Financial Data

9.2.3 Product Landscape

9.2.4 Strategic Outlook

9.2.5 SWOT Analysis

9.3 Airveda

9.3.1 Business Overview

9.3.2 Financial Data

9.3.3 Product Landscape

9.3.4 Strategic Outlook

9.3.5 SWOT Analysis

9.4 Dylos Corporation

9.4.1 Business Overview

9.4.2 Financial Data

9.4.3 Product Landscape

9.4.4 Strategic Outlook

9.4.5 SWOT Analysis

9.5 Emerson Electric Co.

9.5.1 Business Overview

9.5.2 Financial Data

9.5.3 Product Landscape

9.5.4 Strategic Outlook

9.5.5 SWOT Analysis

9.6 Forbix Semicon Pvt. Ltd.

9.6.1 Business Overview

9.6.2 Financial Data

9.6.3 Product Landscape

9.6.4 Strategic Outlook

9.6.5 SWOT Analysis

9.7 Honeywell International Inc.

9.7.1 Business Overview

9.7.2 Financial Data

9.7.3 Product Landscape

9.7.4 Strategic Outlook

9.7.5 SWOT Analysis

9.8 Horiba

9.8.1 Business Overview

9.8.2 Financial Data

9.8.3 Product Landscape

9.8.4 Strategic Outlook

9.8.5 SWOT Analysis

9.9 Kanomax USA, Inc

9.9.1 Business Overview

9.9.2 Financial Data

9.9.3 Product Landscape

9.9.4 Strategic Outlook

9.9.5 SWOT Analysis

9.10 Metrohm AG

9.10.1 Business Overview

9.10.2 Financial Data

9.10.3 Product Landscape

9.10.4 Strategic Outlook

9.10.5 SWOT Analysis

9.11 Sensirion AG

9.11.1 Business Overview

9.11.2 Financial Data

9.11.3 Product Landscape

9.11.4 Strategic Outlook

9.11.5 SWOT Analysis

9.12 Siemens

9.12.1 Business Overview

9.12.2 Financial Data

9.12.3 Product Landscape

9.12.4 Strategic Outlook

9.12.5 SWOT Analysis

9.13 Testo SE & Co. KGaA

9.13.1 Business Overview

9.13.2 Financial Data

9.13.3 Product Landscape

9.13.4 Strategic Outlook

9.13.5 SWOT Analysis

9.14 Thermo Fisher Scientific

9.14.1 Business Overview

9.14.2 Financial Data

9.14.3 Product Landscape

9.14.4 Strategic Outlook

9.14.5 SWOT Analysis

9.15 TSI Incorporated

9.15.1 Business Overview

9.15.2 Financial Data

9.15.3 Product Landscape

9.15.4 Strategic Outlook

9.15.5 SWOT Analysis

9.16 Ventilation Control Products

9.16.1 Business Overview

9.16.2 Financial Data

9.16.3 Product Landscape

9.16.4 Strategic Outlook

9.16.5 SWOT Analysis

9.17 Veris Industries

9.17.1 Business Overview

9.17.2 Financial Data

9.17.3 Product Landscape

9.17.4 Strategic Outlook

9.17.5 SWOT Analysis

Authors: Suraj Gujar, Ankita Chavan

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Premium Report Details

Base Year: 2022

Companies covered: 17

Tables & Figures: 598

Countries covered: 24

Pages: 138

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