Indoor Air Quality Monitor market to reach $9.38 billion by 2032, driven by health awareness

From GlobeNewswire: 2025-06-25 09:00:00

The Indoor Air Quality Monitor Market was valued at USD 5.03 billion in 2023 and is projected to reach USD 9.38 billion by 2032, growing at a CAGR of 8.09%. Key driving forces include rising respiratory diseases, air pollution control, and focus on workplace safety. North America leads with 40% of global revenue, while Asia Pacific is the fastest-growing region due to urbanization and deteriorating air quality.

In 2023, chemical sensors dominated the market with a 54% revenue share, while physical sensors are expected to witness the fastest growth. Fixed IAQ monitors held a 69% share, with portable monitors projected to be the fastest-growing segment. Commercial buildings led with a 45% revenue share, while the industrial segment is expected to be the fastest-growing due to regulatory norms and smart monitoring.

Recent developments include HORIBA India’s opening of the first Hydrogen Internal Combustion Engine Test Bed Facility and Panasonic’s launch of a Smart Home Experience Centre in India. These initiatives reflect a commitment to green mobility and advanced air quality solutions. Overall, the Indoor Air Quality Monitor Market is driven by increasing awareness of health issues related to indoor air quality and the adoption of smart building systems.



Read more at GlobeNewswire: Indoor Air Quality Monitor Market Size to Hit USD 9.38