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NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The global indoor air quality (IAQ) solution market size is estimated to grow by USD 12.4 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.61% during the forecast period. New air quality product launches is driving market growth, with a trend towards technological advances in indoor air quality solutions. However, high competition among market vendors poses a challenge.Key market players include 3M Co., Aeroqual Ltd., Camfil AB, Carrier Global Corp., ClimateCare, Daikin Industries Ltd., Ferguson plc, Germguard Technologies M Sdn. Bhd., Honeywell International Inc., Johnson Controls International Plc., Lennox International Inc., LG Electronics Inc., MANN HUMMEL International GmbH and Co. KG, Panasonic Holdings Corp., Perfect Pollucon Services, Sensirion AG, SGS SA, Spectro Analytical Labs Pvt. Ltd., Trane Technologies Plc, and UL Solutions Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Indoor Air Quality (Iaq) Solution Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 6.61% Market growth 2024-2028 USD 12.4 billion Market structure Fragmented YoY growth 2022-2023 (%) 5.78 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 44% Key countries US, China, UK, Japan, and South Korea Key companies profiled 3M Co., Aeroqual Ltd., Camfil AB, Carrier Global Corp., ClimateCare, Daikin Industries Ltd., Ferguson plc, Germguard Technologies M Sdn. Bhd., Honeywell International Inc., Johnson Controls International Plc., Lennox International Inc., LG Electronics Inc., MANN HUMMEL International GmbH and Co. KG, Panasonic Holdings Corp., Perfect Pollucon Services, Sensirion AG, SGS SA, Spectro Analytical Labs Pvt. Ltd., Trane Technologies Plc, and UL Solutions Inc. Market Driver Indoor Air Quality (IAQ) solutions have gained significant attention due to increasing concerns over indoor pollution. HVAC systems, HEPA filters, and IAQ management systems are popular solutions for maintaining healthy indoor environments. Building automation and LEED, WELL Building Standards, and IAQM are key certifications for ensuring optimal IAQ. Air pollution monitoring is essential for identifying pollutant types, including chemical, physical, and biological pollutants. Public-private funding is driving innovation in IAQ solutions for government buildings, industrial establishments, commercial establishments, and residential buildings. Air purifiers, humidifiers, ventilation systems, air filters, dehumidifiers, UV lamps, carbon monoxide alarms, and air quality sensors are common IAQ solutions for residential and commercial spaces. Pollutant sources include oil and gas, coal and mining, chemical, power and energy, general manufacturing, schools and universities, hospitality, retail, office buildings, hotels and restaurants, long-term care communities, and others. New equipment, service, and maintenance are crucial for maintaining IAQ. Air quality regulations continue to evolve, driving demand for advanced IAQ solutions. Portable indoor monitors offer flexibility for monitoring IAQ in various settings. Overall, the IAQ solution market is poised for growth as businesses and individuals prioritize healthy indoor environments. Indoor air quality (IAQ) has emerged as a significant concern due to the increasing time spent indoors and the rise in indoor air pollution levels, which are now double that of outdoor air. With nearly 90% of the global population residing indoors, the demand for IAQ solutions is surging in various industries, including homes, schools, offices, and factories. Technological advancements, such as IoT-based monitoring systems and real-time cyber-physical systems, are driving the installation of IAQ systems. Furthermore, the manufacturing sector and power plants are adopting Industry 4.0-related IAQ solutions to prioritize employee health. The market for portable IAQ monitors is also experiencing significant growth due to the need for individual monitoring and real-time analysis. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This indoor air quality (iaq) solution market report extensively covers market segmentation by 1.1 Equipment- Indoor air quality is a critical factor influencing the health and well-being of people. To ensure optimal indoor air quality (IAQ), it's essential to regularly test for allergens, radon, CO2 emissions, gases like chlorofluorocarbons (CFCs) and hydrofluorocarbons (HFCs), and volatile organic compounds (VOCs) from electronic devices. Indoor air quality solutions include air monitor sensors, air purifiers, and humidifiers. The global market for indoor air quality solutions is growing rapidly due to the demand for smart and affordable air monitoring sensors. Vendors are launching innovative and smart indoor air quality solutions, such as Honeywell's new range of air purifiers with UV LED, ionizer, and humidifier functionalities. Climate Care offers indoor air quality systems that eliminate up to 99.3% of contaminants. Indoor pollution sources include asbestos, biological pollutants, air fresheners, formaldehyde/pressed wood products, and CO emissions. To address indoor pollution, establishments should invest in air pollution monitoring kits and equipment that effectively control air pollution levels. Companies like Carrier and TSI offer a range of air quality monitoring equipment and solutions, including air purifiers, humidifiers, dehumidifiers, ventilators, CO alarms, and UV air purifiers. TSI's precision air quality instruments and air quality monitoring solutions enable real-time air quality measurements. The availability of a wide range of innovative indoor air quality equipment is driving market growth. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis Indoor Air Quality (IAQ) solutions refer to technologies and systems designed to improve the air quality within and around buildings. IAQ issues can arise from various pollutant types, including Volatile Organic Compounds (VOCs), chemical, physical, and biological pollutants. HVAC systems, HEPA filters, UVGI, IAQ management systems, and building automation are essential solutions for mitigating indoor air pollution. LEED and WELL Building Standards promote IAQ as a critical component of sustainable building design. IAQM, air pollution monitoring, and portable indoor monitors help identify pollutant sources and levels. Public-private funding and air quality regulations drive the market for IAQ solutions. Other solutions include air purifiers, humidifiers, ventilation systems, air filters, dehumidifiers, ultraviolet (UV) lamps, carbon monoxide alarms, and particulate matter (PM) sensors. Ozone generators, while once popular, have been largely replaced due to health concerns. Regulations and industry best practices continue to evolve, ensuring a dynamic and innovative IAQ solutions market. Market Research Overview Indoor Air Quality (IAQ) solutions encompass various technologies and systems designed to maintain and improve the air quality within buildings. These solutions include HVAC systems, HEPA filters, IAQ management systems, building automation, and LEED, WELL Building Standards, and IAQM certification. Air pollution monitoring is crucial, with options ranging from stationary monitors to portable indoor monitors. Pollutants can be chemical, physical, or biological, affecting diverse sectors like government buildings, industrial establishments, private and commercial establishments, and residential buildings. Solutions include air purifiers, humidifiers, ventilation systems, air filters, dehumidifiers, ultraviolet (UV) lamps, carbon monoxide alarms, and air quality sensors. Regulations, such as Particulate Matter (PM) standards, guide the implementation of these solutions. Other IAQ solutions include air quality regulations, pollutant type-specific equipment, and services. Industries like oil and gas, coal and mining, chemical, power and energy, general manufacturing, schools and universities, hospitality, retail, office buildings, hotels and restaurants, and long-term care communities all benefit from these IAQ solutions. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/indoor-air-quality-iaq-solutions-market-to-grow-by-usd-12-4-billion-2024-2028-boosted-by-new-product-launches-ai-impacting-market-trends---technavio-302311488.html SOURCE Technavio
By Don Urquhart, Times Chronicle The Oliver Fire Department raised a total of $1,500 for Oliver’s Starfish Pack Program at its 10th Annual Drive-Thru Breakfast on Saturday morning (Nov. 23). “A big thank you to everyone who came out to the Drive Thru-Breakfast,” said the Oliver Fire Department (OFD) on social media. Fill ur boots – Oliver Fire Chief Bob Graham collects donations in a fireman’s boot. Don Urquhart photo The breakfast by donation consisted of a breakfast sandwich (English muffin, egg, cheese and ham), hash brown, apple and coffee or orange juice, all served up to the car window by Oliver firefighters inside the firehall. Fire Chief Bob Graham told the Times Chronicle that the event started off a bit slower than previous years, lacking the early rush which possibly explains the slightly lower donations than the $2,000 that is typically raised at the event. When it was suggested that the weather, cold and rainy, might be to blame for the lack of early morning rush Graham laughed and recounted the various cold and snowy drive-through events in past years, including one year in which everyone’s windows were frozen shut requiring them to open their doors to get the breakfast items. Last stop on the line for choice of beverage. Don Urquhart photo All proceeds go to the Starfish Pack Program which ensures students who rely on school breakfast and lunch programs on school days don’t go hungry on weekends. Each week, volunteers fill backpacks with 2 breakfasts, 2 lunches, 2 dinners, and snacks and then deliver them to local schools for the students to take home on the weekend. The students return the empty backpacks to the school the following week, and our volunteers pick them up to be refilled for the following weekend. It costs approximately $600 to fill a backpack for a student for the full school year. For more information visit the Oliver Starfish or general Starfish website . Don Urquhart photo To contact the Oliver Starfish Pack Volunteer Coordinator, Sam Marsel, email [email protected] or call 250-488-7700. A donor form can be downloaded here .Every Black Friday, there’s a number of viral products that everyone has on their Christmas wish list, and we don’t expect this year to be any different. However, not all of these popular items are going to stay in stock, and we have some insight on the ones that won’t. Black Friday is big business, and last year shoppers spent $222.1 billion during the entire holiday shopping season, according to Queue-it. Sales on Black Friday reached $16.4 billion (online and in stores), and this was a 9% increase from the year before. While it comes as no surprise that electronics are the most sought-after products of the holiday season, Queue-it said this accounts for the majority of holiday sales, jumping to $50.8 billion in 2023. Apparel, furniture, groceries and toys are the other hot sellers of Black Friday. Together, these five categories accounted for 65% of sales during the holidays last year and is only expected to grow in 2024. While many items that sell out over Black Friday are driven by a good deal, we also know that a hot product is just that — a gift that most people want to open on Christmas Day. So, here are our picks for the top 10 hot-ticket items that could sell out over Black Friday. Samsung 98-inch QLED TV The holidays are ripe for TV deals, and we expect shoppers to buy a ton of them in 2024, especially at Walmart. Consumers are trending toward bigger TVs and the super low-price deals over Black Friday force many models to sell out. This is especially true of popular models from Samsung, Hisense, LG and more favorites. Apple Watch Series 9 Apple's smartwatches are a top pick among Apple fans. We’ve seen prices on the Apple Watch continue to trend downward, which was only spurred by the release of the new Apple Watch 10 in September. This pushed down prices on earlier models, with the best deals coming on the Apple Watch SE and Apple Watch 9. For Black Friday, we think the prices will drop even lower and sell out due to high demand. Beats Solo3 Wireless headphones are one of the most popular products of 2024, and Beats are one of the top brands. We’re already seeing big markdowns on Beats Wireless Headphones, and we expect these price drops to continue into Black Friday. The Beats Solo3 is likely to be on sale for even cheaper than we’ve already seen, and we think they will sell out for Black Friday, with the possibility of other popular Beats headphones joining them. Apple AirPods (3rd gen) If you haven’t picked up a pair of Apple AirPods yet, this could be your year to do it. With Apple launching a fourth generation of AirPods earlier this year, the price on prevvious models are creeping lower. We think over Black Friday they’ll be at their cheapest price ever, with the AirPods (3rd Gen) likely to sell out. JBL Flip 6 Bluetooth speakers are a must-have for many this year, and with the big sound that comes from JBL’s speakers, it’s easy to see why they might sell out for Black Friday. These popular speakers come in a variety of portable sizes and waterproof designs. We expect big deals on JBL’s top-rated Clip 5 and Flip 6 Bluetooth speaker models. Apple iPad (10th Gen) One of Apple’s most sought-after products of the year was the iPad, and we saw the 9th Gen and 10th Gen models drop to their lowest prices ever. We think this year will bring some iPad bliss with even better discounts, but these deals will disappear just as fast as they arrive. We think that mega discounts on the iPad (9th Gen) and iPad (10th Gen) could cause sell outs, especially on Amazon. Dyson Airwrap The Dyson Airwrap just might be the top product of Black Friday, as this is one of the rare times there’s a discount on the beloved hair styling tool. At $600, the Airwrap carries a hefty price tag, so any discount presented is a welcome surprise. But as we’ve seen in the past, any Black Friday deal on the Dyson Airwrap causes a crush of interest that’s followed by a sell out. Ugg Tasman slippers If you’ve tried to scoop up the UGG Tasman Slippers in previous years, you already know they never stay in stock for long. As the “it” slipper of the holiday season, UGG’s Tasman sells out multiple times over the holidays, even without a discount offered. We think that this year will be similar, with popular sizes and colors of the Tasman Slipper snatched up fast over Black Friday. Bissell Little Green The Bissell Little Green carpet cleaner is a popular home product that just can’t seem to stay in stock. With prices falling under $90, this mighty machine can be a blessing for pet owners and parents, as its compact size makes it easy to store and use when needed. We’ve seen the Little Green Machine sell out before, and we’d be surprised if it didn’t do it again over Black Friday. Furby Galaxy Edition We’d be remiss if we didn’t include a top toy that we think will be hard to find and gift this year. Our pick is the Furby Galaxy Edition. This glow-in-the-dark Furby is based on the original Furby from the late ’90s with even more features, interactive modes and more fun. Making a comeback in 2023, we saw the revival of this popular toy sell out last year, and we expect the new Furby Galaxy Edition to do the same. For the holidays: Get inspiring home and gift ideas – sign up now!