COVID creates long-term growth opportunities for the indoor air quality market

2021-11-22 09:02:49 By : Ms. Sophy Feng

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Cleveland, November 19, 2021/PRNewswire/--According to a new analysis by the Freedonia Group, the COVID-19 pandemic has given new importance to indoor air quality, and the sales of IAQ systems in 2020 have increased nearly compared to 2019 25%:

As the COVID-19 crisis continues and people’s awareness of the health effects of poor air quality continues to increase, it is expected that strong growth will continue in 2021. With the support of the CDC Indoor Air Quality Guidelines, retailers and installers will be the key to promoting the benefits of installing indoor air quality systems to consumers and businesses.

The indoor air quality system market will reach 5.6 billion U.S. dollars in 2025

The demand for indoor air quality equipment—including air purifiers/cleaners, mechanical ventilation equipment, and replacement filters—is expected to grow at an average annual rate of 2.1% to reach US$5.6 billion by 2025. Although the growth will continue until 2021, the demand for most indoor air quality equipment will return to normal in the second half of the forecast period, and replacement of filters will provide the only sustained growth.

However, the overall level of demand will still be much higher than in the pre-pandemic period, partly due to continued concerns about respiratory diseases related to air quality and the increase in building construction. As demand is expected to remain high, many suppliers will continue to expand their business by hiring more workers or increasing manufacturing capabilities.

Indoor air quality equipment covers the U.S. indoor air quality equipment market. Provides historical data for 2010, 2015, and 2020, as well as the unit and current U.S. dollar (not adjusted for inflation) demand for indoor air quality equipment demand for 2025 and 2030 by product, market, and technology. It also includes consumer survey insights and corporate analysis including market share.

Products within the scope of this report include central systems and local units (room-specific or location-specific, including portable). Also includes:

Technologies used in indoor air quality equipment include:

About Freedonia Group-Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company that provides our customers with product analysis, market forecasts, industry trends and market share information. From single-person consulting companies to global corporate groups, our analysts provide companies with fair and reliable industry market research and analysis to help them make important business decisions. We publish more than 100 studies every year, supporting more than 90% of the industrial Fortune 500 companies. Find a ready-made study on https://www.freedoniagroup.com/ or contact us for a customized study: 1 440.842.2400.

Press contact: Corinne Gangloff 1 440.842.2400 [email protection]

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