The global air quality systems market is experiencing rapid growth due to increasing concerns about air pollution and the importance of indoor air quality. Common causes of air pollution, including motor vehicles, industrial operations, household combustion appliances, and forest fires, contribute to the emission of pollutants such as particulate matter, carbon monoxide, ozone, nitrogen dioxide, and sulphur dioxide, posing Air pollution is a pressing global concern caused by various factors such as motor vehicles, industrial operations, household appliances, and forest fires. Pollutants like particulate matter, carbon monoxide, ozone, nitrogen dioxide, and sulphur dioxide have detrimental effects on public health. Indoor and outdoor air pollution contribute to respiratory illnesses and even death, with low- and middle-income countries experiencing the highest exposures.
The COVID-19 pandemic has heightened the importance of indoor air quality, particularly in crowded spaces, while the United States Environmental Protection Agency estimates that people spend on average approximately 90% of their time indoors, where some pollutants are frequently present in amounts that are typically 2 to 5 times higher than those found outside. HVAC filtration systems, higher-rated filters, ultraviolet germicidal irradiation, and air purification systems are being utilized to counter airborne virus transmission. The market for air purifiers is growing, with prices expected to decrease due to technical advancements and competition. Integration of IoT solutions and remote sensors aims to enhance connectivity and cater to the demand for smart home devices.
Indoor Air Quality Systems 2023
- Indoor Air Quality Systems
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| Industries | Environment |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Iaq Technology Trends |
| Keyword 2 | Iaq Strategies |
| Keyword 3 | Iaq Monitoring Solutions |
| Podcast | No |
| WIP Number | K933-01-00-00-00 |
Frost Radar™: Indoor Air Quality Systems, 2023
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
26-Sep-2023
Global
Frost Radar
