IAQ Market Set to Explode. How Ready Are You?
Recently, ACHR News projected tremendous growth in the commercial indoor air quality (IAQ) market. ACHR contributor Nicole Krawcke shared compelling stats from a recent BCC Research report, “the U.S. IAQ market is forecast to grow to $10.8 billion by 2021, increasing at a compound annual growth rate (CAGR) of 5.3 percent from 2016 to 2021.”
Krawcke also pointed out that IAQ is no longer lagging behind energy efficiency. Historically, energy efficiency has been the major driver in commercial projects. However, building concerns for UV-C, filtration, tighter building envelopes, and others have increased building owner awareness for the importance of good IAQ in their facilities.
Plus, commercial IAQ is a cross-vertical concern. Medical facilities, educational institutions, office buildings, and hospitality venues (e.g. hotels, restaurants) are all impacted by IAQ.
You can read the full article here.
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