Duct Air Quality Sensors Market Report: Trends, Forecast and Competitive Analysis to 2030
Duct Air Quality Sensors Trends and Forecast
The future of the global duct air quality sensors market looks promising with opportunities in the residential and commercial markets. The global duct air quality sensors market is expected to reach an estimated $0.7 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are increasing awareness of indoor air quality, favourable government regulations for air pollution monitoring, and rising adoption of smart building solutions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Duct Air Quality Sensors by Segment
The study includes a forecast for the global duct air quality sensors by type, application, and region.
Duct Air Quality Sensors Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Multi-Gas Monitor
- Single-Gas Monitor
Duct Air Quality Sensors Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Duct Air Quality Sensors Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Duct Air Quality Sensors Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies duct air quality sensors companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the duct air quality sensors companies profiled in this report include-
- Schneider Electric
- Siemens
- Airflow Developments
- AMETEK
- Amphenol
- Building Automation Products
- FuehlerSysteme
Duct Air Quality Sensors Market Insights
Lucintel forecasts that multi-gas monitor is expected to witness higher growth over the forecast period due to detect and measure multiple gases simultaneously within indoor environments.
Within this market, commercial will remain the larger segment due to growing integrationof duct sensor in offices, malls, and shopping malls. in industrial facilities, from manufacturing plants to chemical processing units to meet the cleaningness of air quality.
North America is expected to witness highest growth over the forecast period due to stringent regulations by government agencies and growing awareness of the health impacts of indoor air pollutants.
Features of the Global Duct Air Quality Sensors Market
Market Size Estimates: Duct air quality sensors market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Duct air quality sensors market size by type, application, and region in terms of value ($B).
Regional Analysis: Duct air quality sensors market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the duct air quality sensors market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the duct air quality sensors market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the duct air quality sensors market size?
Answer: The global duct air quality sensors market is expected to reach an estimated 0.7 billion by 2030.
Q.2 What is the growth forecast for duct air quality sensors market?
Answer: The global duct air quality sensors market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the duct air quality sensors market?
Answer: The major drivers for this market are increasing awareness of indoor air quality, favourable government regulations for air pollution monitoring and rising adoption of smart building solutions.
Q4. What are the major segments for duct air quality sensors market?
Answer: The future of the duct air quality sensors market looks promising with opportunities in the residential and commercial markets.
Q5. Who are the key duct air quality sensors market companies?
Answer: Some of the key duct air quality sensors companies are as follows:
- Schneider Electric
- Siemens
- Airflow Developments
- AMETEK
- Amphenol
- Building Automation Products
- FuehlerSysteme
Q6. Which duct air quality sensors market segment will be the largest in future?
Answer: Lucintel forecasts that multi-gas monitor is expected to witness higher growth over the forecast period due to detect and measure multiple gases simultaneously within indoor environments.
Q7. In duct air quality sensors market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast perioddue to stringent regulations by government agencies and growing awareness of the health impacts of indoor air pollutants.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the duct air quality sensors market by type (multi-gas monitor and single-gas monitor), application (residential and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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