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HVAC Air Quality Monitoring Market Share

Report ID: GMI3153
Published Date: Apr 2023
Report Format: PDF

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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.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of HVAC air quality monitoring exceeded USD 40 billion in 2022 and will observe 5% CAGR from 2023 to 2032 due to the surging focus on facilitating enhanced health & well-being of occupants across the commercial and residential sectors.

The industry valuation from industrial applications reached over USD 1.2 billion in 2022 with the rising activities across chemical plants and mines.

North America HVAC air quality monitoring industry size in is poised to reach USD 1.6 billion 2032 owing to the increasing number of government initiatives for improving air quality monitoring in the U.S.

Honeywell, Siemens, PerkinElmer Inc., Teledyne Technologies, Thermo Fisher, Emerson Electric Co., and Agilent are the major players operating in the industry’s competitive landscape.