Europe Indoor Air Quality Monitoring Solution Market to

Pune, India, Sept. 29, 2022 (GLOBE NEWSWIRE) — The Europe Indoor Air Quality (IAQ) monitoring solution market size was valued at USD 779.0 million in 2021. The market is expected to grow from USD 830.6 million in 2022 to USD 1,321.4 million by 2029, exhibiting a CAGR of 6.9% during the forecast period. Increasing smart home constructions and the rising adoption of UN frameworks to reduce greenhouse gas emissions are expected to fuel market progress. Fortune Business Insights™ provides this information in its report titled “Europe Indoor Air Quality (IAQ) Monitoring Solution Market, 2022-2029.”

COVID-19 Impact:

Constant Demand for Optimum Air Quality Fueled Market Progress

The market was positively impacted during the COVID-19 pandemic due to the rising demand for optimum air quality as the sudden spike in COVID-19 infections contaminated the air. Furthermore, manufacturers opted for online retail to improve their sales and continue operations. Moreover, manufacturers opted for reduced capacities, advanced production techniques, and part-time shifts to enhance their growth prospects. These factors fueled the Indoor Air Quality (IAQ) monitoring solution industry’s growth during the pandemic.

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Segments

Fixed Indoor Monitor Segment to Dominate Owing to Increasing Installations Across Industrial and Commercial Applications

By type, the market is segmented into portable indoor monitor and fixed indoor monitor. The fixed indoor monitor segment is expected to dominate owing to rising installations across industrial and commercial applications.

Residential Segment to Dominate Owing to Extensive Demand for Fresh Indoor Air Quality (IAQ)

Based on application, the market is segregated into government buildings, residential, commercial, industrial, and…