Editor's Blog


IAQ Market Revenue Expected to Rapidly Increase

The forecast says that worldwide revenue will grow by about 80% to an estimated $5.6 billion

May 8, 2014
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We’ve been talking a bit about add-ons lately within the ICS brand – Aaron Groseclose wrote a great piece on rug cleaning in the current May issue, Richard Lantz of NADCA was a special guest on the latest “Editor’s Update” video to talk about duct cleaning and we’ll have more diversification coming up later this summer in the June/July issue – but another thing you may want to consider is the IAQ market.

Why?

According to a forecast from Navigant Research, as reported in Environmental Leader, the indoor air quality market is expected to rapidly increase by 2020. The forecast says that worldwide revenue will grow by about 80% to an estimated $5.6 billion, citing an improving economy, new standards and, perhaps most importantly, increased demand.

It’s not really a surprise that IAQ is becoming more of a concern, but it is a surprise that it’s expected to surge this much in just a few years.

 You can check out Navigant Research’s full report, titled “Indoor Air Quality Monitoring and Management,” by clicking here.  

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