Europe Indoor Air Quality Monitoring System Market Introduction and Overview
According to SPER Market Research, the Europe Indoor Air Quality Monitoring System Market is estimated to reach USD 1.74 billion by 2033 with a CAGR of 7.12%.
The report includes an in-depth analysis of the Europe Indoor Air Quality Monitoring System Market, including market size and trends, product mix, Applications, and supplier analysis. The term indoor air quality (IAQ) describes the quality of the air inside and surrounding buildings and structures, with a focus on the comfort and health of building inhabitants. Systems, platforms for monitoring, sensors, and other components are part of the IAQ monitoring solutions. To keep an indoor atmosphere healthy, these are required. By maintaining a clean indoor air quality and protecting people and the environment from harmful air pollution, these systems seek to protect public health.
- September 2020: An IAQ device that displays a virus transmission risk index based on environmental factors was introduced by ENVIRA IOT. It monitors air quality in addition to offering good interior air quality.
- August 2021: Through a strategic cooperation with Sinay, Envira IoT increased its market share in France by providing wireless monitoring air quality networks.
- July 2022: Airthings worked with Neogreen experts to gather and integrate the necessary equipment to supply Airthings air quality monitors to nine French schools.
Market Opportunities and ChallengesOver the course of the projection period, it is expected that the growing popularity of smart home building in various nations such as the U.K., Germany, Sweden, Italy, France, Russia, and others will support the need for monitoring systems. The smart Indoor Air Quality (IAQ) monitoring system is anticipated to be enhanced by contemporary technological developments in wearable technology and smartphone-based software for indoor air quality monitoring. The need for indoor air quality (IAQ) monitoring technology in residential and commercial settings, such as homes, multi-story buildings, hotels, shopping centres and other institutions, has significantly increased in European countries in recent years. This aspect is primarily related to rising household air pollution and public awareness of the health risks associated with indoor air pollution, which is further creating opportunities in fuelling the expansion of the indoor air quality (IAQ) monitoring solution market in Europe.
The increasing awareness of fresh indoor air quality is driving up demand for IAQ monitoring technologies. However, the expansion of the market is being hampered by the high cost of production of smart IAQ monitoring systems. Furthermore, a number of end users in Europe purchase inexpensive IAQ monitoring equipment in its place, which negatively impacts the working conditions in commercial, residential, and industrial settings due to its low environmental efficacy. Reduced replacement costs lead to an increase in particulate matter being transported throughout the structures, hence causing indoor air pollution. Additionally, a major factor hindering the market's expansion is the lack of awareness among the locals regarding the detrimental effects of polluted air on their health.
Market Competitive Landscape
There is fierce competition among the major players in the Europe IAQ monitoring solution market as they compete for market share. To improve their market position, these businesses concentrate on strategic alliances, product innovation, and mergers and acquisitions. Companies can also create cutting-edge IAQ monitoring systems and obtain a competitive edge by forming alliances with government agencies and academic institutions. The market is defined by intense competition, with players investing in R&D to offer distinctive products and grow their customer base. The major players in the Europe Indoor Air Quality Monitoring System market include: 3M, Aeroqual, Airthings, ENVIRA IOT, Honeywell International, InsightAir, IOT Factory, ROTRONIC AG, Testo SE & Co. KGaA, Vaisala, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Product Type, By End User
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| Regions covered | France, Germany, Italy, Russia, Spain, Sweden, U.K. and rest of Europe
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| Companies Covered | 3M, Aeroqual, Airthings, ENVIRA IOT, Honeywell International, InsightAir, IOT Factory, ROTRONIC AG, Testo SE & Co. KGaA, Vaisala, Others
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COVID-19 Impact on Europe Indoor Air Quality Monitoring System Market
The COVID-19 pandemic has had a moderate influence on the Indoor Air Quality (IAQ) monitoring solutions market in Europe, which has prompted manufacturers to build cutting-edge solutions to handle the coexisting coronavirus issues. The pandemic has created a generalised need for improved indoor air quality, with particular attention to different settings such as public spaces, individual residences, and communal living establishments. Overcoming obstacles pertaining to occupant well-being, energy efficiency, climate adaptability, pandemic resistance, and total indoor environmental quality (IEQ) is necessary to achieve healthy IAQ. Industry participants predict growing demand despite the pandemic's effects on manufacturing, positioning the IAQ monitoring solution market for stable future growth.
Key Target Audience:
- Commercial and Industrial Businesses
- Educational Institutions
- Environmental NGOs and Advocacy Groups
- Government and Regulatory Bodies
- Healthcare Institutions
- HVAC (Heating, Ventilation, and Air Conditioning) System Providers
- Technology Providers
- Others
Our in-depth analysis of the Europe Indoor Air Quality Monitoring System Market includes the following segments:
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By Type:
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Fixed Indoor Monitor
Portable Indoor Monitor
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By Product Type:
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Hardware
Services
Software
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By End User:
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Commercial
Government Buildings
Industrial
Residential
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Key Topics Covered in the Report:
- Europe Indoor Air Quality Monitoring System Market Size (FY’2023-FY’2033)
- Overview of Europe Indoor Air Quality Monitoring System Market
- Segmentation of Europe Indoor Air Quality Monitoring System Market By Type (Fixed Indoor Monitor, Portable Indoor Monitor)
- Segmentation of Europe Indoor Air Quality Monitoring System Market By Product Type (Hardware, Services (Hardware, Services, Software)
- Segmentation of Europe Indoor Air Quality Monitoring System Market By End User (Commercial, Government Buildings, Industrial, Residential, Others)
- Statistical Snap of Europe Indoor Air Quality Monitoring System Market
- Expansion Analysis of Europe Indoor Air Quality Monitoring System Market
- Problems and Obstacles in Europe Indoor Air Quality Monitoring System Market
- Competitive Landscape in the Europe Indoor Air Quality Monitoring System Market
- Impact of COVID-19 and Demonetization on Europe Indoor Air Quality Monitoring System Market
- Details on Current Investment in Europe Indoor Air Quality Monitoring System Market
- Competitive Analysis of Europe Indoor Air Quality Monitoring System Market
- Prominent Players in the Europe Indoor Air Quality Monitoring System Market
- SWOT Analysis of Europe Indoor Air Quality Monitoring System Market
- Europe Indoor Air Quality Monitoring System Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data Source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Indoor Air Quality Monitoring System Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Indoor Air Quality Monitoring System Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Indoor Air Quality Monitoring System Market
7. Europe Indoor Air Quality Monitoring System Market, By Type (USD Million)
7.1. Europe Indoor Air Quality Monitoring System Market Value Share and Forecast, By Type, 2023-2033
7.2. Fixed Indoor Monitor
7.3. Portable Indoor Monitor
8. Europe Indoor Air Quality Monitoring System Market, By Product Type (USD Million)
8.1. Europe Indoor Air Quality Monitoring System Market Value Share and Forecast, By Product Type, 2023-2033
8.2. Hardware
8.2.1. Detectors
8.2.2. Monitors
8.2.3. Sensors
8.3. Services
8.3.1. Consulting
8.3.2. Installation
8.3.3. Maintenance
8.4. Software
8.4.1. Data Analytics
8.4.2. Reporting
8.4.3. Visualization
9. Europe Indoor Air Quality Monitoring System Market, By End User (USD Million)
9.1. Europe Indoor Air Quality Monitoring System Market Value Share and Forecast, By End User, 2023-2033
9.2. Commercial
9.3. Government Buildings
9.4. Industrial
9.5. Residential
9.6. Others
10. Europe Indoor Air Quality Monitoring System Market Forecast, 2019-2033 (USD Million)
10.1. Europe Indoor Air Quality Monitoring System Market Size and Market Share
11. Europe Indoor Air Quality Monitoring System Market, By Type, 2019-2033 (USD Million)
11.1. Europe Indoor Air Quality Monitoring System Market Size and Market Share By Type (2019-2026)
11.2. Europe Indoor Air Quality Monitoring System Market Size and Market Share By Type (2027-2033)
12. Europe Indoor Air Quality Monitoring System Market, By Product Type, 2019-2033 (USD Million)
12.1. Europe Indoor Air Quality Monitoring System Market Size and Market Share By Product Type (2019-2026)
12.2. Europe Indoor Air Quality Monitoring System Market Size and Market Share By Product Type (2027-2033)
13. Europe Indoor Air Quality Monitoring System Market, By End User, 2019-2033 (USD Million)
13.1. Europe Indoor Air Quality Monitoring System Market Size and Market Share By End User (2019-2026)
13.2. Europe Indoor Air Quality Monitoring System Market Size and Market Share By End User (2027-2033)
14. Europe Indoor Air Quality Monitoring System Market, By Region, 2019-2033 (USD Million)
14.1. Europe Indoor Air Quality Monitoring System Market Size and Market Share By Region (2019-2026)
14.2. Europe Indoor Air Quality Monitoring System Market Size and Market Share By Region (2027-2033)
14.3. France
14.4. Germany
14.5. Italy
14.6. Russia
14.7. Spain
14.8. Sweden
14.9. U.K.
14.10. Rest of Europe
15. Company Profile
15.1. 3M
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Aeroqual
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Airthings
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. ENVIRA IOT
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Honeywell International
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. InsightAir
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. IOT Factory
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. ROTRONIC AG
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Testo SE & Co. KGaA
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. Vaisala
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
