HVAC Air Quality Monitoring Market Report to 2025 | Future Developments Analysis by Leading Players
Category: #reports  By Rahul Varpe  Date: 2020-04-20
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HVAC Air Quality Monitoring Market Report to 2025 | Future Developments Analysis by Leading Players

The HVAC Air Quality Monitoring Market size was estimated at USD 3.5 billion in 2018 and is projected to surpass USD 6 billion by the year 2025. During the period of 2019-2025, the HVAC Air Quality Monitoring Market is anticipated to expand with a CAGR of 7%.

A major percentage of those deaths occur in low and middle-income countries, where facilities to monitor the quality of air is typically limited. For instance in India and China, where urbanization has been developing at a pace almost unmatched by anywhere else on the planet, the air is often heavy with smog. The threat of air pollution in China is so severe that in Beijing recently an urgent alert has been sounded which advised children and the elderly to remain indoors. This has made it imperative that the indoor air quality should be maintained at safe levels and HVAC air quality monitoring market, in this context, has gained major impetus.

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A device that had taken the HVAC air quality monitoring market by storm when it was first launched was Speck 2.0 which was developed by a Carnegie Mellon University spinoff called Airviz Inc. The device could be easily installed in homes and constantly displays air particulate matter that helps residents to adjust indoor activities or air ventilation to bring down particulate matter to safe levels. According to the WHO 4 million deaths are caused worldwide by poor indoor air quality conditions that is often caused by simply cooking on the stove or lighting a fire with improper ventilation and can lead to serious disabilities like asthma, autism and ADHD.

Commercial property owners have shown interest in learning what can put residents and customers in danger and the ability of modern devices to unveil risk factors in indoor air quality has brought greater demand in the market for HVAC installers. Air quality reports can encourage brand loyalty and recommend HVAC systems if consumers enjoy clean air.

The rise of air-influenced maladies along with increasing number of tech savvy consumers has pointed out to all HVAC companies that they need to need to join the air monitoring bandwagon sooner as soon as possible to remain competitive in a fast-evolving market. Including IAQ and OAQ monitoring on all units would make it possible for businesses to get ahead of the curve and the competition in the HVAC air quality monitoring market, by not only offering peace of mind for businesses and but also by taking steps to decrease the environmental impact of existing units.

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International agencies are also coming up with new devices to measure the air quality as the number of deaths and disability caused by air pollution becomes alarming. For instance, in 2015, UN Environment launched a device for air quality measurement, that was ground-breaking and affordable at the same time. Being significantly less expensive than the mainstream solutions, the device is expected to revolutionize air quality measurement across the developing world. The device can measure the concentration of particulate matter besides concentration of Sulphur and nitrogen oxides. As it comes with a GPS tracker, it can pinpoint the source of the pollution.

Know about Market growth in New Research and its Top growing factors by Key Companies like: -

The  , M Company, Emerson Electric Co., Testo Ltd., Siemens Ltd., Honeywell International Inc., Thermo Fisher Scientific, TSI Incorporated, Aeroqual Ltd., Air Monitors, Biovac System Inc., Kanomax USA, Inc., Forbix Semicon, Ventilation Control Products, Dylos Corporation, Veris Industries

Split by application, the market is divided into: -

  1. Industrial
  2. Commercial
  3. Institutional
  4. Residential

Market Report Includes

  1. An exhaustive analysis regarding the present market scenario along with the growth opportunities, major players, target audience, and market forecast until 2025
  2. A thorough gist of the market including growth projection, market size, prominent contenders, and market evaluation till 2025
  3. A documentation of the growth forecast, returns, growth opportunities, and Forecast 2019-2025
  4. Summary of Primary and Secondary Research, alongside Consumption Analysis, Market Segmentation, and Forecast until 2025
  5. A comprehensive evaluation with regards to Export Research Report, Emerging Growth Factors, Market Dynamics, and Forecast 2019-2025
  6. Data pertaining to Strategic Developments, Market Assessment, and Forecast until 2025
  7. Information regarding market trends, product applications, ongoing demand, technological developments and Forecast till 2025

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Key Reasons to Purchase the Market Report

  1. The report is inclusive of detailed analysis of the global market with respect to end-use spectrum, product terrain, market opportunities, along with regional demand by 2025
  2. An exhaustive data review, in consort with the systematic assessment of the market with regards to the regions and global vendors – until 2025
  3. All-detailed documentation of the parameters which will influence the market significantly, alongside the preventive strengths and their impact on the global market.
  4. The study further focuses on identifying the concealed growth opportunities of the market while delivering data on increasing CAGR through 2025
  5. The report evaluates basis issues, solutions, in tandem with product developments to address the expansion threat.

About Author

Rahul Varpe

Email: [email protected]   

Rahul Varpe

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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