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.”