In terms of the health and comfort of building inhabitants, indoor air quality (IAQ) refers to the quality of air within and outside of buildings and structures. Systems, sensors, platforms, and other tools are part of the IAQ monitoring solutions. These are necessary for a hygienic interior environment. These devices protect humans and the environment from harmful air pollutants while maintaining clean indoor air quality.

The market for IAQ monitoring solutions in Europe is expected to increase significantly in the forecast period. The market will continue to grow due to factors like rising awareness, stricter regulations, and technological developments. IAQ monitoring systems that are more advanced and effective will be made possible by the convergence of AI, IoT, and cloud technologies. Furthermore, the focus on occupant health and sustainable building practises will open up new business prospects for IAQ monitoring solution suppliers. In order to fully realise the potential of the market, industry participants must innovate, work together, and inform end consumers of the value of preserving a healthy indoor air quality. Furthermore, the most vulnerable populations i.e. elderly people and small children in particular spend a larger percentage of their time indoors than their more resilient peers. Therefore, exposure to interior air pollution rather than outdoor pollution may pose health hazards for a large number of people. The demand for Indoor Air Quality (IAQ) monitoring systems from associated downstream industries, such as residential and commercial buildings, has increased dramatically due to the quick rise in indoor contaminants. 

However, the high cost of manufacturing smart IAQ monitoring systems is impeding market progress. Moreover, many end users in Europe replace it with low-cost IAQ monitoring equipment, which, because of its limited environmental efficacy, has a detrimental effect on working conditions in commercial, residential, and industrial contexts. Reduced replacement costs lead to an increase in particulate matter being transported throughout the structures, hence causing indoor air pollution. Additionally, a major factor hindering the market's expansion is the lack of awareness among the locals regarding the detrimental effects of polluted air on their health.

The market for IAQ monitoring solutions in Europe has been greatly influenced by the COVID-19 outbreak. IAQ monitoring systems are becoming more and more in demand across a range of industries as a result of growing knowledge regarding the spread of viruses through the air. In order to reduce the risk of viral transmission, organisations and public institutions have made air quality management a priority. IAQ monitoring systems that can detect viruses, like those that track CO2 levels and air filtration effectiveness, are becoming more and more popular. Furthermore, the pandemic has accelerated the introduction of cloud-based IAQ monitoring technology and remote monitoring in an effort to ensure passenger safety and minimise in-person engagement.

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; 3M, Aeroqual, Airthings, ENVIRA IOT, Honeywell International, InsightAir, IOT Factory, ROTRONIC AG, Testo SE & Co. KGaA, Vaisala, Others.

By Type: Based on the Type, Europe Indoor Air Quality Monitoring System Market is segmented as; Fixed Indoor Monitor, Portable Indoor Monitor.

By Product Type: Based on the Product Type, Europe Indoor Air Quality Monitoring System Market is segmented as; Hardware (Detectors, Monitors, Sensors), Services (Consulting, Installation, Maintenance), Software (Data Analytics, Reporting, Visualization).

By End User: Based on the End User, Europe Indoor Air Quality Monitoring System Market is segmented as; Commercial, Government Buildings, Industrial, Residential, Others.

By Region: This research also includes data for France, Germany, Italy, Russia, Spain, Sweden, U.K. and rest of Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.