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Indoor Air Quality (IAQ) Solutions Market to Grow by USD 13.9 Billion (2025-2029), Driven by New Product Launches, Report Highlights AI Impact on Trends – Technavio

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NEW YORK, Jan. 24, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global indoor air quality (IAQ) solution market size is estimated to grow by USD 13.9 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 6.9% 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 Corp., 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..

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Indoor Air Quality (IAQ) Solution Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 6.9%

Market growth 2025-2029

USD 13.9 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.3

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 38%

Key countries

US, China, UK, Japan, Brazil, Germany, South Korea, Canada, Saudi Arabia, and France

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 Corp., 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 in various sectors due to growing concerns over indoor pollution. HVAC systems with HEPA filters and IAQ management systems are popular solutions. Building automation and LEED, WELL Building Standards, and IAQM are driving demand. Air pollution monitoring tools like indoor monitors, portable monitors, and sensors measure pollutant types such as chemical, physical, and biological pollutants. Public-private funding and government initiatives are boosting the market. IAQ solutions include air purifiers, humidifiers, ventilation systems, air filters, dehumidifiers, UV lamps, carbon monoxide alarms, and more. Applications span from government buildings and industrial establishments to commercial and residential buildings. Air quality regulations drive demand in sectors like oil and gas, coal and mining, power and energy, general manufacturing, schools and universities, hospitality, retail, office buildings, hotels and restaurants, and long-term care communities. New equipment, service, and maintenance are key areas for growth. 

Indoor air quality (IAQ) has emerged as a significant concern due to the increasing time spent indoors and rising indoor pollution levels, which are now double that of outdoor air. According to recent statistics, approximately 90% of the global population spends most of their time indoors. This trend is driving the demand for IAQ solutions in various industries, including homes, schools, offices, and factories. Advancements in technology, such as IoT-based monitoring systems and cyber-physical systems for real-time IAQ monitoring, along with advanced sensor networks, are promoting the installation of IAQ systems across applications. Furthermore, the manufacturing industry and power plants are adopting Industry 4.0-related IAQ solutions to prioritize employee health. Additionally, there is a growing demand for portable IAQ monitors in the market as people seek to monitor and maintain healthy indoor environments in their homes and workplaces. These devices provide real-time data on air quality, enabling users to take necessary actions to improve IAQ and protect their health. Overall, the IAQ solution market is poised for significant growth in the coming years. 

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Market Challenges

Indoor Air Quality (IAQ) is a significant concern for various establishments, including government buildings, industrial sites, commercial spaces, and residential buildings. HVAC systems, a common source of IAQ issues, require regular maintenance and upgrades to HEPA filters and IAQ management systems. Building automation and LEED, WELL Building Standards, and IAQM certification can help improve IAQ. Indoor monitors, including portable ones, are essential tools for detecting pollutants like chemical, physical, and biological pollutants. Public-private funding and government regulations are driving the market for IAQ solutions, including air purifiers, humidifiers, ventilation systems, air filters, dehumidifiers, and UV lamps. Air quality sensors, PM measurement, and CO alarms are also crucial components. The market for IAQ solutions is vast and diverse, encompassing sectors like oil and gas, coal and mining, power and energy, general manufacturing, schools and universities, hospitality, retail, office buildings, hotels and restaurants, long-term care communities, and residential spaces like private homes and apartments. New equipment, service, and maintenance are ongoing needs for this market.The Indoor Air Quality (IAQ) solution market faces intense competition due to the presence of numerous regional and international vendors. This fragmented vendor landscape poses challenges for global players looking to maintain their market position. Local vendors offer affordable indoor air quality solutions and equipment, including air filters, air purifiers, and humidifiers, forcing global vendors to match their pricing. This competition negatively impacts the market growth for indoor air quality solutions, equipment, and services.

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Segment Overview

This indoor air quality (IAQ) solution market report extensively covers market segmentation by

Product 1.1 Equipment1.2 ServicesType 2.1 Fixed2.2 PortableGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and AfricaPollutant Type

1.1 Equipment- Indoor air quality (IAQ) is a critical factor influencing the health and well-being of people. To maintain optimal IAQ levels, it’s essential to regularly test indoor environments for allergens, radon, CO2 emissions, and volatile organic compounds (VOCs) from electronic devices. Indoor air quality solutions encompass air monitor sensors, air purifiers, and humidifiers. The global IAQ solution market by equipment is poised for significant growth due to the increasing demand for smart and cost-effective air monitoring sensors. Vendors focus on providing equipment that eliminates maximum contaminants, such as Honeywell’s new range of air purifiers with UV LED, ionizer, and humidifier functionalities. Indoor pollution sources include asbestos, biological pollutants, air fresheners, formaldehyde/pressed wood products, and CO emissions. To address this, establishments should invest in air pollution monitoring kits and other equipment. Companies like Carrier Global Corp. And TSI offer a range of air quality monitoring equipment and solutions, ensuring complete air quality management. Carrier’s offerings include air purifiers, humidifiers, dehumidifiers, and ventilators, along with CO alarms and UV air purifiers. TSI’s precision air quality instruments enable real-time air quality measurements, such as the DustTrak aerosol monitors providing PM measurements and temperature data logs. The availability of innovative indoor air quality equipment continues to fuel market growth in the equipment segment.

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Research Analysis

Indoor Air Quality (IAQ) solutions refer to technologies and systems designed to improve the air quality within and around buildings. These solutions address various pollutants, including Volatile Organic Compounds (VOCs), Chemical, Physical, and Biological pollutants. HVAC systems, HEPA filters, UVGI, IAQ management systems, building automation, and LEED, WELL Building Standards, and IAQM are integral to maintaining good IAQ. Air pollution monitoring tools like portable indoor monitors help detect pollutant types, such as VOCs, PM, and CO. Public-private funding and air quality regulations drive the market’s growth. Solutions include air purifiers, humidifiers, ventilation systems, air filters, dehumidifiers, ultraviolet (UV) lamps, carbon monoxide alarms, and ozone generators. IAQ is crucial for maintaining a healthy indoor environment and reducing health risks.

Market Research Overview

Indoor Air Quality (IAQ) solutions encompass a range of technologies and systems designed to improve and maintain healthy indoor environments. HVAC systems, including HEPA filters, play a crucial role in circulating and filtering air. IAQ management systems and building automation optimize temperature, humidity, and ventilation for optimal IAQ. LEED and WELL Building Standards set guidelines for IAQ, while IAQM monitors and assesses indoor air quality. Air pollution monitoring tools, including indoor monitors and portable monitors, detect pollutant types such as chemical, physical, and biological pollutants. Public-private funding and government regulations drive the market for IAQ solutions in various sectors, including government buildings, industrial establishments, commercial establishments, residential buildings, and others. Air purifiers, humidifiers, ventilation systems, air filters, dehumidifiers, UV lamps, carbon monoxide alarms, and new equipment are among the solutions available for residential and commercial applications. Air quality sensors measure Particulate Matter (PM) levels, while Ozone generators and air quality regulations ensure compliance with safety standards. Industries such as 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 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

ProductEquipmentServicesTypeFixedPortableGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And AfricaPollutant Type

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/

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SOURCE Technavio

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Meridian Singapore Immigration Launches New Website to Simplify the PR Application Journey for Foreigners in Singapore

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New online platform provides clear, structured guidance for Employment Pass and S Pass holders navigating Singapore’s residency and Permanent Residency pathways

SINGAPORE, April 30, 2026 /PRNewswire/ — Meridian Singapore Immigration Pte. Ltd. has officially launched its new website at meridianimmigration.sg, a resource built specifically for foreigners living and working in Singapore who are exploring Permanent Residency or long-term residency options.

The platform arrives at a time when Singapore’s expatriate and foreign professional community is growing rapidly, yet many EP and S Pass holders report struggling to find clear, reliable information on the PR application process. Singapore’s immigration framework is among the most structured in Southeast Asia, with eligibility criteria, documentation requirements, and submission windows that change frequently. For individuals navigating this process without professional guidance, the stakes are high and the margin for error is narrow.

Meridian’s website was built to address that gap directly. The platform offers detailed explanations of available immigration pathways, structured consultation options, and educational resources developed by the firm’s team of immigration specialists. Rather than presenting a services catalogue, the site walks users through the considerations relevant to their specific situation, whether they hold an Employment Pass, S Pass, or are planning for their family’s long-term residency in Singapore.

“We built this platform because we saw how overwhelming and confusing the immigration process can be for people who genuinely want to build their lives here,” said a spokesperson for Meridian Singapore Immigration. “Our goal is to be the trusted partner that walks them through every step with clarity and integrity.”

Singapore’s continued attractiveness as a regional hub for multinational corporations, financial institutions, and technology firms means the pipeline of foreigners seeking long-term residency options remains substantial. At the same time, the ICA’s PR application framework has grown more nuanced, with factors such as economic contributions, family ties, and community integration weighed during assessment. Applicants who proceed without a clear understanding of these criteria often submit applications that are either premature or structurally incomplete.

Meridian’s approach centres on preparation and transparency, helping applicants understand where they stand before they apply and what supporting documentation strengthens their case.

Meridian Singapore Immigration Pte. Ltd. is a professional immigration consultancy dedicated to guiding individuals and families through Singapore’s immigration process. Specialising in Permanent Residency (PR) applications, residency pathways, and compliance support, Meridian offers clear, structured solutions tailored to each client’s unique circumstances. Founded on the values of Guidance, Integrity, and Success, Meridian is committed to making immigration simple, transparent, and accessible for everyone. For more information, visit meridianimmigration.sg or contact info@meridianimmigration.sg / +65 8873 1113.

 

View original content:https://www.prnewswire.com/apac/news-releases/meridian-singapore-immigration-launches-new-website-to-simplify-the-pr-application-journey-for-foreigners-in-singapore-302757392.html

SOURCE Meridian Singapore Immigration Pte. Ltd.

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Socomec, Daitron team up to meet Japan’s growing power demands

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TOKYO, April 30, 2026 /PRNewswire/ — Socomec, a century-old electrical group specialising in mission-critical energy, and Japan’s Daitron, an electronics components distributor, have signed a partnership to deliver power conversion solutions and service backup power and electrical-switching systems across Japan.

The deal combines Socomec’s equipment with Daitron’s on-the-ground engineering team, which has more than 74 years of experience in the Japanese market. The two companies will handle everything from project delivery to ongoing maintenance and spare parts.

The partnership covers three product areas: uninterruptible power supplies (UPS), which keep facilities running during outages; power conversion systems, which ensure the availability and continuity of high-quality energy; and static transfer switches, which automatically reroute power loads between sources without interruption.

Beyond equipment sales, the agreement includes training, spare parts, long-term service contracts and a full range of expert services covering prevention, measurement and analysis, consultancy, deployment and optimisation. Socomec will provide product and technical training to Daitron’s team, while Daitron handles installation, servicing and day-to-day client support in Japan.

The target market spans data centres, semiconductor plants, industrial facilities, hospitals and green buildings, all areas where even brief power interruptions can prove costly. Data center demand in particular is surging, driven by the rapid expansion of artificial intelligence infrastructure, with colocation and enterprise facilities among the primary targets.

“Daitron knows the Japanese market inside and out. They have the people, the relationships, and the hands-on experience, and we bring the technology to match,” said Socomec Asia-Pacific CEO O’Niel Dissanayake. “It’s a natural fit, and together we can offer something neither company could deliver alone.”

“Japan’s data centres, chip factories and industrial plants all require power systems they can count on,” said Masaharu Kato, corporate officer of Daitron. “Socomec’s technology is exactly what these customers need, and our job is to make sure it’s installed, maintained and supported properly. That’s what we do best.”

The partnership comes as Japan faces a step change in power demand. Electricity consumption is expected to grow 5.3% over the next decade, driven by data centres and semiconductor factories, according to the country’s grid operator. Industrial energy demand alone is forecast to rise 18.3% over the same period.

That growth is creating strong demand for reliable power infrastructure. Data centres, for example, run around the clock and cannot afford downtime, making backup power and efficient energy management essential. Socomec’s systems are designed to reduce power consumption without sacrificing reliability, a balance that is becoming increasingly important as operators look to manage both costs and environmental commitments.

Both companies say project planning and bids are already underway, with a long-term goal of expanding the partnership’s reach across Japan as demand grows.

About Daitron

Daitron Co., Ltd. is a Japanese engineering and trading company founded in 1952 and headquartered in Osaka. Listed on the Tokyo Stock Exchange (TYO: 7609), Daitron sells and manufactures electronic components, semiconductor processing equipment and power supply systems. The company has more than seven decades of experience serving Japan’s electronics and manufacturing industries.

SOCOMEC: When energy matters

Founded in 1922, SOCOMEC is an independent industrial group of more than 4,800 experts spread across the world in 30 subsidiaries. Our vocation: design, manufacture and sale of electrical equipment, with a strong expertize in critical power applications. In 2025, SOCOMEC achieved a turnover of 997 million euros (not yet audited).

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SOURCE Socomec

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Multi-Destination Travel Surges Across Asia-Pacific This Labour Day, Trip.com Group Data Shows

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Multi-city travel across Asia-Pacific grew 35% year-on-yearMulti-city travel outpaces single-destination growth by more than 2xSoutheast Asia sees strong double-digit growth, with Thailand up to 52% YoY

SINGAPORE, April 29, 2026 /CNW/ — Multi-city travel across Asia-Pacific grew 35% year-on-year this Labour Day period, according to data from Trip.com Group. Several Asia-Pacific markets including Japan, South Korea, parts of Southeast Asia and Mainland China celebrate Labour Day, driving strong cross-border and domestic travel flows across the region.

Over 30% of international trips now span multiple destinations, highlighting a continued shift towards more complex, itinerary-led travel. This shift reflects a growing preference to maximise time and value with multiple destinations within a single trip rather than a single location.

Multi-destination trips become a defining travel pattern

While single-destination travel continues to account for most bookings, growth is increasingly driven by more complex itineraries. Multi-destination bookings are growing at more than twice the pace of single-destination travel, reflecting stronger demand for flexibility and deeper exploration.

Travellers are increasingly structuring trips across multiple cities to maximise both time and value, with popular combinations including:

Tokyo – Osaka – Kyoto (Japan)Seoul – Busan (South Korea)Bangkok – Phuket (Thailand)

These itineraries reflect a growing preference for multi-stop journeys that blend urban experiences with leisure destinations.

Southeast Asia sees fast growth in multi-destination travel 

Across Southeast Asia, demand for multi-destination travel is rising steadily, with strong growth across key markets of Thailand: 52%, Malaysia: 40%, and Singapore: 17%, according to Trip.com Group data.

Top outbound destinations across Southeast Asian markets include Japan (Tokyo, Osaka), South Korea (Seoul), China (Shanghai, Beijing), Thailand (Bangkok), Indonesia (Bali).

In other parts of Asia such as Hong Kong SAR, multi-destination travel also grew by over 50% year-on-year, highlighting growing preference for more complex itineraries over traditional single-destination trips, particularly in well-connected urban markets.

In Mainland China, domestic travel remains a strong base, while overseas journeys are increasingly shaped by multi-destination itineraries, with over 40% of outbound trips spanning multiple destinations and continuing to grow.

This suggests that travellers in this region are increasingly combining multiple cities within a single trip, supported by strong regional connectivity.

Japan’s domestic travel momentum on the rise

Japan is also seeing shifts in domestic travel behaviour, even as outbound demand continues to grow.

In Japan, domestic travel is growing rapidly, indicating rising interest in travelling within the country, accounting for one-quarter of all flight bookings, and to cities such as Tokyo, Sapporo and Okinawa.

Intra-Asia travel dominates Labour Day demand

The Labour Day holiday period continues to be driven by regional travel within Asia-Pacific, with travellers favouring destinations that offer ease of access, diverse experiences, and flexible itineraries.

The Group’s data highlights the continued strength of short-haul travel, supported by strong connectivity and shorter flight durations.

More broadly, the way people travel across Asia-Pacific is evolving. Travellers taking a more deliberate approach to how they plan their trips. While cross-border journeys are increasingly shaped by multi-city itineraries, domestic travel remains a strong and steady part of the landscape. Together, these patterns point to a more flexible and value-conscious mindset, as travellers look to make the most of both time and budget.

About Trip.com Group

Trip.com Group is a leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centres. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group has become one of the best-known travel groups in the world, with the mission “to pursue the perfect trip for a better world”. Find out more about Trip.com Group here: group.trip.com.

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SOURCE Trip.com Group

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