Indoor Environmental and Air Quality Technologies Market to Exceed $7 Billion by 2024
New technologies improve indoor conditions while decreasing ventilation volumes and energy use
BOULDER, Colo. — Healthy and green buildings rely on good indoor environmental and air quality (IEAQ) to maintain the wellness and productivity of their occupants, notes Navigant Research. Related IEAQ technologies can provide the measurement and verification of ventilation and moisture management, indicating whether appropriate conditions have been achieved and maintained indoors. According to a new report from the research firm, the global IEAQ market is expected to grow from $4.2 billion in 2015 to $7.1 billion by 2024.
“In order to effectively maintain a healthy indoor environment without compromising energy efficiency, building owners are turning to many new IEAQ technologies,” said Anne Wrobetz, research associate with Navigant Research. “IEAQ systems are developing rapidly, and the most sophisticated ones integrate with building energy management systems (BEMS) and heating, ventilation, and air conditioning (HVAC) systems to improve IEAQ without increasing the carbon footprint.”
While the meaning of good IEAQ has traditionally been restricted to the volume of outdoor air circulated in a room, many technologies now improve conditions indoors while lowering ventilation volumes and the energy used to ventilate a building, according to the report. These technologies include carbon dioxide (CO2) sensors, demand-controlled ventilation, energy recovery ventilators, dedicated outdoor air systems, ultraviolet germicidal irradiation, and displacement ventilation, all of which have growing markets.
The report, Indoor Environmental and Air Quality, analyzes the global market for IEAQ technologies that are currently available and being used in both new construction and retrofit applications. The study provides an analysis of the market conditions for IEAQ monitoring and management and the drivers and barriers for wider adoption of the technologies.
An executive summary of the report is available here.
Publication date: 1/18/2016