Indoor Air Quality Monitor Market by Product (Fixed, and Portable Indoor Monitor), Pollutant Type (Chemical, Physical, and Biological), End–User Application (Government Buildings, Industrial, Commercial, Residential) - Global Forecast to 2022

“Growing demand for smart homes and presence of supportive government regulations for effective air pollution monitoring are fueling the growth of the indoor air quality monitor market.”
The global indoor air quality monitor market (IAQM) is expected to be valued at USD 4.63 billion by 2022, growing at a CAGR of 9.22% during the forecast period. Supportive government regulations for effective indoor air pollution monitoring and control, growing popularity of smart homes/green buildings, ongoing government initiatives toward the development of environment-friendly industries, increasing public-private funding for effective air pollution monitoring, rising level of air pollution worldwide, and increasing public awareness related to healthcare and the environmental implications of air pollution are some of the key factors fueling the growth of the market. However, factors such as high product costs and technical limitations associated with indoor air quality monitoring products are restraining the growth of the market.
“Fixed indoor monitors dominated the market for indoor air quality monitor in 2015”
Fixed indoor monitors accounted for the largest share of the IAQM market in 2015. The growth in the market for fixed indoor monitors can be attributed to the growing installation of AQM stations; their technological benefits such as real-time monitoring capability, options for analog or digital output, and limited sample volume required for air quality analysis; and the continuous initiatives to raise awareness regarding the rising indoor air pollution levels and their health implications.
“IAQM market for physical pollutant to grow at the highest rate during the forecast period”
The IAQM market for physical pollutants is expected to grow at the highest rate during the forecast period. The market growth is mainly driven by factors such as the increasing number of stringent regulatory guidelines that mandate the regular monitoring of physical pollutants in key industries such as power plants and petrochemical industries as well as the growing availability of particulate matter sensors in the major markets.
“Growing popularity of smart homes is expected to drive the IAQM market for residential applications during the forecast period”
The significant increase in the demand for indoor air quality monitoring products among residential users is mainly because of the growing public awareness about the health implications of indoor air pollution (coupled with the increased level of indoor or house-hold air pollution), rising adoption of green building & smart home technologies across developed countries worldwide, and recent technological advancements in the field of indoor air monitoring (such as wearable devices and mobile-based software).
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“IAQM market in APAC is likely to grow at the highest rate during the forecast period”
The IAQM market in APAC is expected to grow at the highest rate between 2016 and 2022. This market growth can be attributed to the large-scale industrialization in the region, implementation of stringent air pollution regulations across major Asian countries, growing emphasis of the governments on industry compliance with safety environment regulations, and continuous government support for the development and commercialization of advanced IAQM products.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key people in the indoor air quality monitor industry. The break-up of primary participants for the report has been given below.
‧ By Company Type: Tier 1 – 45 %, Tier 2 – 35%, and Tier 3 – 20%
‧ By Designation: C-Level Executives – 50%, Managers – 30%, and Others – 20%
‧ By Region: North America – 50%, Europe – 25%, APAC – 20%, and RoW – 5%
The report also profiles the key players in the indoor air quality monitor market and analyzes their market ranking. The prominent players profiled in this report are Thermo Fisher Scientific, Inc. (U.S.), Siemens AG (Germany), Emerson Electric Co. (U.S.), 3M Company (U.S.), TSI, Inc. (U.S.), Ingersoll Rand Plc. (Ireland), HORIBA, Ltd. (Japan), Testo AG (Germany), Aeroqual (U.S.), and Nest Labs Inc. (U.S.), among others.
Research Coverage:
This research report categorizes the global indoor air quality monitor market on the basis of product, pollutant type, end-use application, and geography. The report also provides the Porter’s five forces analysis, along with a description of each of its forces and their respective impact on the indoor air quality monitor market. It also includes major drivers, restraints, challenges, and opportunities pertaining to the market; value chain analysis; and market ranking analysis.
Reasons to buy the Report
The report would help leaders/new entrants in this market in the following ways.
1. This report segments the indoor air quality monitor market comprehensively and provides the closest market size estimation for all subsegments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with the information on the key drivers, restraints, challenges, and opportunities for the market.
3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions of the companies.

TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 STUDY SCOPE 17
1.3.1 MARKETS COVERED 17
1.3.2 YEARS CONSIDERED FOR THE STUDY 18
1.4 CURRENCY 18
1.5 LIMITATIONS 18
1.6 STAKEHOLDERS 19
2 RESEARCH METHODOLOGY 20
2.1 RESEARCH DATA 20
2.1.1 SECONDARY DATA 22
2.1.1.1 Key data from secondary sources 22
2.1.2 PRIMARY DATA 23
2.1.2.1 Key data from primary sources 23
2.1.2.2 Key industry insights 24
2.1.2.3 Breakdown of primary interviews 24
2.2 DEMAND ANALYSIS 25
2.2.1 INTRODUCTION 25
2.2.2 DEMAND-SIDE ANALYSIS 25
2.2.2.1 Demand-side variables considered: 25
2.2.2.2 Rising levels of air pollution worldwide 25
2.2.2.3 Growing demand from the real estate industry 26
2.3 MARKET SIZE ESTIMATION 27
2.3.1 BOTTOM-UP APPROACH 27
2.3.2 TOP-DOWN APPROACH 28
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 29
2.5 RESEARCH ASSUMPTIONS 30
2.5.1 ASSUMPTIONS 30
3 EXECUTIVE SUMMARY 31
3.1 INTRODUCTION 31
3.2 CURRENT SCENARIO 31
3.3 FUTURE OUTLOOK 32
3.4 CONCLUSION 36

4 PREMIUM INSIGHTS 37
4.1 ATTRACTIVE OPPORTUNITIES IN THE INDOOR AIR QUALITY MONITOR MARKET 37
4.2 HIGH GROWTH OPPORTUNITIES FOR THE INDOOR AIR QUALITY MONITOR MARKET IN APAC DURING THE FORECAST PERIOD 38
4.3 INDOOR AIR QUALITY MONITOR MARKET FOR PHYSICAL POLLUTANTS TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 39
4.4 INDOOR AIR QUALITY MONITOR MARKET FOR RESIDENTIAL END-USE APPLICATIONS TO GROW AT THE HIGHEST RATE BETWEEN 2016 AND 2022 40
4.5 INDOOR AIR QUALITY MONITOR MARKET, BY PRODUCT AND REGION 41
4.6 INDOOR AIR QUALITY MONITOR MARKET, BY GEOGRAPHY 42
5 MARKET OVERVIEW 43
5.1 INTRODUCTION 44
5.2 MARKET SEGMENTATION 44
5.2.1 INDOOR AIR QUALITY MONITOR MARKET, BY PRODUCT 44
5.2.2 INDOOR AIR QUALITY MONITOR MARKET, BY POLLUTANT TYPE 44
5.2.3 INDOOR AIR QUALITY MONITOR MARKET, BY END-USE APPLICATION 45
5.2.4 INDOOR AIR QUALITY MONITOR MARKET, BY GEOGRAPHY 45
5.3 MARKET DYNAMICS 46
5.3.1 KEY MARKET DRIVERS 46
5.3.1.1 Growing popularity of smart homes/ambient assisted living 46
5.3.1.2 Supportive government regulations for effective air pollution monitoring and control 47
5.3.1.3 Emerging environment friendly industries 48
5.3.1.4 Increasing public-private funding for effective air pollution monitoring 48
5.3.1.5 Increasing public awareness pertaining to healthcare and environmental implications of air pollution 49
5.3.2 KEY MARKET RESTRAINTS 50
5.3.2.1 High costs associated with air quality monitoring solutions 50
5.3.2.2 Technical limitations pertaining to air quality monitoring products 50
5.3.3 KEY MARKET OPPORTUNITIES 51
5.3.3.1 Tapping the emerging markets 51
5.3.3.2 Technological advancements in the field of air pollution monitoring 51
5.3.3.3 Growing industrial sector to drive the need for indoor air quality monitoring 52
5.3.4 KEY MARKET CHALLENGES 53
5.3.4.1 Complex nature of indoor pollutants 53
6 INDUSTRY INSIGHTS 54
6.1 INTRODUCTION 54
6.2 VALUE CHAIN ANALYSIS 54
6.3 KEY INDUSTRY FOCUS AREA 55
6.3.1 GROWING ADOPTION OF GREEN BUILDING TECHNOLOGIES 55
6.4 PORTER’S FIVE FORCES ANALYSIS 57
6.4.1 THREAT OF NEW ENTRANTS 58
6.4.2 THREAT OF SUBSTITUTES 59
6.4.3 BARGAINING POWER OF SUPPLIERS 60
6.4.4 BARGAINING POWER OF BUYERS 61
6.4.5 INTENSITY OF COMPETITIVE RIVALRY 62
7 INDOOR AIR QUALITY MONITOR MARKET, BY PRODUCT 63
7.1 INTRODUCTION 64
7.1.1 FIXED INDOOR MONITOR 67
7.1.2 PORTABLE INDOOR MONITOR 69
8 INDOOR AIR QUALITY MONITOR MARKET, BY POLLUTANT TYPE 71
8.1 INTRODUCTION 72
8.2 CHEMICAL POLLUTANT 74
8.3 PHYSICAL POLLUTANT 76
8.4 BIOLOGICAL POLLUTANT 78
9 INDOOR AIR QUALITY MONITOR MARKET, BY END–USE APPLICATION 80
9.1 INTRODUCTION 81
9.2 GOVERNMENT BUILDINGS 83
9.2.1 GOVERNMENT OFFICES 86
9.2.2 GOVERNMENT SCHOOLS 87
9.2.3 OTHERS 87
9.3 INDUSTRIAL 88
9.3.1 OIL AND PETROCHEMICAL 90
9.3.2 CHEMICAL PLANTS 92
9.3.3 POWER PLANTS 93
9.3.4 MANUFACTURING PLANTS 95
9.3.5 OTHER INDUSTRIAL END-USE APPLICATIONS 96
9.4 PRIVATE ESTABLISHMENTS 97
9.4.1 PRIVATE OFFICES 100
9.4.2 PRIVATE SCHOOLS 100
9.4.3 OTHER PRIVATE ESTABLISMENTS 101
9.5 COMMERCIAL 101
9.5.1 MALLS 103
9.5.2 HOTELS 104
9.5.3 DEPARTMENTAL STORES 105
9.5.4 RESTAURANTS AND CAFES 105

9.6 RESIDENTIAL 106
9.6.1 SOCIETY APARTMENTS 108
9.6.2 PRIVATE HOUSES 109
9.7 OTHERS 109
9.7.1 WEARABLE DEVICES 111
9.7.2 IN-VEHICLE 112
10 REGIONAL ANALYSIS 114
10.1 INTRODUCTION 115
10.2 NORTH AMERICA 117
10.2.1 U.S. 120
10.2.2 CANADA 120
10.2.3 MEXICO 121
10.3 EUROPE 122
10.3.1 GERMANY 126
10.3.2 U.K. 126
10.3.3 FRANCE 126
10.3.4 REST OF EUROPE (ROE) 126
10.4 ASIA-PACIFIC 129
10.4.1 JAPAN 132
10.4.2 CHINA 132
10.4.3 INDIA 133
10.4.4 REST OF ASIA-PACIFIC (ROAPAC) 133
10.5 REST OF THE WORLD (ROW) 135
11 COMPETITIVE LANDSCAPE 140
11.1 OVERVIEW 140
11.2 KEY PLAYERS IN THE INDOOR AIR QUALITY MONITOR MARKET, 2015 142
11.3 COMPETITIVE SCENARIO 144
11.3.1 NEW PRODUCT LAUNCHES 145
11.3.2 PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS 147
11.3.3 EXPANSIONS 148
11.3.4 ACQUISITIONS 148

12 COMPANY PROFILES 149
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
12.1 INTRODUCTION 149
12.1.1 GEOGRAPHIC BENCHMARKING 149
12.2 THERMO FISHER SCIENTIFIC INC. 150
12.3 SIEMENS AG 154
12.4 EMERSON ELECTRIC CO. 158
12.5 3M COMPANY 161
12.6 TSI, INC. 164
12.7 INGERSOLL RAND PLC 167
12.8 HORIBA, LTD. 169
12.9 TESTO AG 171
12.10 AEROQUAL LTD. 173
12.11 NEST LABS INC. 174
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
13 APPENDIX 175
13.1 INSIGHTS OF INDUSTRY EXPERTS 175
13.2 DISCUSSION GUIDE 176
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 179
13.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 181
13.5 AVAILABLE CUSTOMIZATIONS 182
13.6 RELATED REPORTS 182
13.7 AUTHOR DETAILS 183