Report Description Table of Contents The indoor air quality monitor market was worth USD 4.2 billion in 2023 and will be worth USD 7.6 billion by 2030, growing at a CAGR of 8.7% during the forecast period. The global Indoor Air Quality Monitor is propelled by rising health consciousness and global apprehensions about poor air quality, especially within cities, and consciousness about indoor pollutants such as VOCs, PM2.5, and CO2. Air pollution was also found to have led to an estimated seven million deaths annually globally in 2023 by the World Health Organization, which forced governments and organizations to put in place better air quality management benchmarks and monitoring systems. COVID-19 has also drawn more attention to proper air quality within the home, working spaces, and hospitals. One of the recent additions is the IoT connected air quality sensors, which send updated information on pollutants, humidity, and temperature enabling corrective action to be implemented. For instance, North American and European smart buildings and green construction projects have raised the importance of Health Check Air Quality monitors to ensure healthy indoor spaces. There are significant prospects for market growth in smart home infrastructure and the Internet of Things recently entering the Indoor Air Quality Monitor market. Smart air quality monitors, which can be managed via smartphones and connected with other smart home devices such as thermostats and heating, ventilation, and air conditioning systems, are another interesting market for smart home technologies: according to the, more than 40% of households in the USA had adopted smart home technologies by 2023. One recent advancement is the integration of AI in air quality monitoring devices that monitor air quality, predict trends, and control HVAC systems. For instance, smart devices in smart offices assist in controlling air flow and enhancing efficiency through the management of appropriate air quality. Market Segmentation By Product Type: Fixed Indoor Monitors Portable Indoor Monitors Wearable Indoor Monitors By Pollutant Type: Particulate Matter (PM2.5, PM10) Volatile Organic Compounds (VOCs) Carbon Dioxide (CO2) Carbon Monoxide (CO) Radon Nitrogen Dioxide (NO2) Others (e.g., Ozone, Sulfur Dioxide) By End-user: Residential Commercial (Offices, Retail, Hospitality) Industrial Government Buildings Educational Institutions Healthcare Facilities By Application: HVAC Systems Air Purifiers Smart Homes Green Buildings Public Infrastructure By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA Segment Analysis of the Indoor Air Quality Monitor Market By Product Type: Leading Segment: Fixed Indoor Monitors Fixed indoor air quality monitors dominate the market with a revenue share of approximately 50%, driven by widespread adoption in commercial & industrial settings. These systems provide continuous monitoring of air quality parameters, making them a preferred choice for workplaces, hospitals & government buildings. Honeywell's fixed indoor monitors are widely used in smart buildings to ensure air quality compliance. The segment is expected to grow at a CAGR of 8.5%, supported by increasing regulations on indoor air quality. Fastest-Growing Segment: Wearable Indoor Monitors Wearable indoor monitors are quickly becoming popular, growing over 12% each year. People want to keep an eye on their health, and these small devices, like the Atmotube Pro, show real-time data on air pollutants such as VOCs and CO2. With more respiratory diseases and awareness about air pollution, especially in cities and high-risk jobs, more people are using these monitors. By Pollutant Type: Leading Segment: Particulate Matter (PM2.5 & PM10) Particulate Matter (PM) monitoring accounts for over 40% of the market, as PM2.5 and PM10 are among the most hazardous air pollutants affecting indoor environments. Government agencies, such as the EPA and WHO, emphasize monitoring PM levels due to their impact on respiratory diseases. For example, IQAir has launched smart PM sensors integrated with IoT for real-time monitoring in workplaces and homes. Fastest-Growing Segment: Volatile Organic Compounds (VOCs) The VOC monitoring segment is growing at a CAGR of 11%, fueled by the increasing concern over indoor air pollutants from paints, furniture, and cleaning products. VOC levels can be 2-5 times higher indoors than outdoors, leading to a surge in demand for advanced monitoring devices. Companies like Airthings are developing smart sensors capable of detecting VOCs in real-time, especially for homes & green buildings. By End-User: Leading Segment: Commercial (Offices, Retail, Hospitality) The commercial sector holds the largest share, around 38%, as businesses increasingly adopt indoor air quality monitoring to comply with air quality regulations & improve employee productivity. Companies like Siemens and TSI Incorporated provide comprehensive indoor monitoring solutions for office buildings, hotels, and retail spaces to maintain healthier indoor environments. Fastest-Growing Segment: Healthcare Facilities The healthcare segment is growing at a rate of 12.5% per year because hospitals, clinics, and labs need to keep air quality under strict control. Airborne contaminants in these places can affect both patient recovery & staff health. Top hospitals like Mayo Clinic & Cleveland Clinic are using advanced air quality monitoring systems to keep their environments sterile. By Application: Leading Segment: HVAC Systems HVAC-integrated indoor air quality monitors account for 35% of the market, as these systems help maintain clean air circulation in buildings. Smart HVAC systems, such as Trane’s air monitoring solutions, use IoT & AI-driven sensors to optimize air filtration & ventilation based on real-time data. Fastest-Growing Segment: Smart Homes Smart homes are the fastest-growing application, with a CAGR of 13%, as consumers increasingly seek indoor air quality solutions for healthier living. The integration of smart sensors in home automation systems, such as those by Nest & Dyson, is driving demand. These devices provide real-time air quality insights & automated purification through IoT-based controls. By Region: Leading Region: North America North America holds over 40% of the market share, driven by stringent environmental regulations & growing consumer awareness of air quality issues. The U.S. EPA has established guidelines for indoor air quality in commercial & residential buildings, pushing companies to adopt advanced monitoring solutions. Smart air quality monitoring adoption is widespread in the U.S. & Canada, with major companies like Honeywell and Awair leading the market. Fastest-Growing Region: Asia Pacific Asia Pacific is the fastest-growing region, with a CAGR of 14%, due to increasing urbanization, industrial pollution, and government initiatives to improve indoor air standards. Countries like China & India face severe air pollution, driving demand for smart air quality monitoring systems in homes, schools & workplaces. China’s Blue Sky Initiative has led to a surge in indoor air quality investments, boosting demand for IoT-enabled air monitors from companies like Xiaomi and Sharp. Key Players Thermo Fisher Scientific Inc. Honeywell International Inc. Airthings ASA Siemens AG Aeroqual Ltd. TSI Incorporated 3M Company Awair Inc. Netatmo (Legrand) Teledyne Technologies Incorporated Indoor Air Quality Monitor Market Report Coverage Report Attribute Details Forecast Period 2023 – 2030 Market Size Value in 2023 USD 4.2 billion Revenue Forecast in 2030 USD 7.6 billion Overall Growth Rate CAGR of 8.7% Base Year for Estimation 2022 Historical Data 2017 – 2021 Unit USD Billion, CAGR (2023 - 2030) Segmentation By Product Type, By Pollutant Type, By Application, By End-user, By Region By Product Type Fixed Monitors, Portable Monitors, Wearable Monitors By Pollutant Type Particulate Matter, Carbon Monoxide, Volatile Organic Compounds, Others By Application Residential, Commercial, Industrial By End-user Government Agencies, Manufacturing Companies, Commercial Facility Owners By Region North America, Europe, Asia-Pacific, LAMEA Country Scope US, Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Australia, etc. Pricing and Purchase Options Avail customized purchase options to meet your exact research needs. Frequently Asked Question About This Report How big is the Indoor Air Quality Monitor Market? The indoor air quality monitor market was valued at USD 4.2 billion in 2023 and is projected to reach USD 7.6 billion by 2030, growing at a CAGR of 8.7% during the forecast period. What are the key factors driving the growth of the Indoor Air Quality Monitor Market? The market is driven by rising health consciousness and global concerns about poor air quality, especially within cities, and awareness about indoor pollutants such as VOCs, PM2.5, and CO2. The World Health Organization estimated that air pollution led to approximately seven million deaths annually worldwide in 2023, prompting governments and organizations to implement better air quality management standards and monitoring systems. Which application had the largest Indoor Air Quality Monitor Market share? The HVAC systems segment dominates the market, reflecting the high demand for air quality monitors to ensure healthy indoor environments. Who are the major players in the Indoor Air Quality Monitor Market? Key players include Thermo Fisher Scientific Inc., Honeywell International Inc., Airthings ASA, and Siemens AG. Which region held the largest Indoor Air Quality Monitor Market share? North America is the largest market, owing to the increasing adoption of smart and energy-saving kitchen ventilation systems in residential and industrial use. Source- https://www.epa.gov/indoor-air-quality-iaq https://www.honeywellbuildings.in/assets/images/iax/iaq_sensoruser_manual.pdf https://atmotube.com/atmotube-pro https://www.iqair.com/in-en/air-quality-monitors?srsltid=AfmBOooUfltUODYorG1KXPM1-n9zJxK7AiLTNy-wJ69uevTkpusrWixi https://www.iea.org/policies/8508-three-year-action-plan-for-cleaner-air-also-called-the-blue-sky-war https://www.airthings.com/en/ Table of Contents 1. INDOOR AIR QUALITY MONITOR MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. INDOOR AIR QUALITY MONITOR MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. Europe 2.3. Asia Pacific 2.4. Latin America 2.5. Middle East & Africa 3. MARKET SHARE ANALYSIS – INDOOR AIR QUALITY MONITOR MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By Product Type of Indoor Air Quality Monitor and End Use Outlook Analysis 4. HISTORIC TRENDS IN INDOOR AIR QUALITY MONITOR MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA INDOOR AIR QUALITY MONITOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America Indoor Air Quality Monitor Historical Market ($MILLION), (2017 – 2023) 6.2. North America Indoor Air Quality Monitor Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type 6.3.1. Fixed Indoor Monitors 6.3.2. Portable Indoor Monitors 6.3.3. Wearable Indoor Monitors 6.4. North America Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Pollutant Type 6.4.1. Particulate Matter (PM2.5, PM10) 6.4.2. Volatile Organic Compounds (VOCs) 6.4.3. Carbon Dioxide (CO2) 6.4.4. Carbon Monoxide (CO) 6.4.5. Radon 6.4.6. Nitrogen Dioxide (NO2) 6.4.7. Others (e.g., Ozone, Sulfur Dioxide) 6.5. North America Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 6.5.1. HVAC Systems 6.5.2. Air Purifiers 6.5.3. Smart Homes 6.5.4. Green Buildings 6.5.5. Public Infrastructure 6.6. North America Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry 6.6.1. Residential 6.6.2. Commercial (Offices, Retail, Hospitality) 6.6.3. Industrial 6.6.4. Government Buildings 6.6.5. Educational Institutions 6.6.6. Healthcare Facilities 6.7. North America Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.7.1. USA 6.7.2. Canada 6.7.3. Rest of North America 7. USA INDOOR AIR QUALITY MONITOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE INDOOR AIR QUALITY MONITOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe Indoor Air Quality Monitor Historical Market ($MILLION), (2017 – 2023) 8.2. Europe Indoor Air Quality Monitor Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type 8.4. Europe Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Pollutant Type 8.5. Europe Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 8.6. Europe Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry 8.7. Europe Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.7.1. Germany 8.7.2. France 8.7.3. UK 8.7.4. Italy 8.7.5. Spain 8.7.6. Rest of Europe 9. APAC INDOOR AIR QUALITY MONITOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC Indoor Air Quality Monitor Historical Market ($MILLION), (2017 – 2023) 9.2. APAC Indoor Air Quality Monitor Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type 9.4. APAC Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Pollutant Type 9.5. APAC Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 9.6. APAC Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry 9.7. APAC Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.7.1. China 9.7.2. Japan 9.7.3. South Korea 9.7.4. India 9.7.5. Australia 9.7.6. Rest of APAC 10. LATIN AMERICA INDOOR AIR QUALITY MONITOR MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America Indoor Air Quality Monitor Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America Indoor Air Quality Monitor Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type 10.4. Latin America Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Pollutant Type 10.5. Latin America Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 10.6. Latin America Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use Industry 10.7. Latin America Indoor Air Quality Monitor Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.7.1. Brazil 10.7.2. Argentina 10.7.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. Thermo Fisher Scientific Inc. 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. Honeywell International Inc. 11.3. Airthings ASA 11.4. Siemens AG 11.5. Aeroqual Ltd. 11.6. TSI Incorporated 11.7. 3M Company 11.8. Awair Inc. 11.9. OTHER MARKET PLAYERS