Residential Air Quality Control Services Market to grow at a CAGR of 7.78%, Driven by the increase in investments in the real estate sector- Technavio

NEW YORK, Feb. 24, 2023 /PRNewswire/ -- According to Technavio, the global residential air quality control services market size is estimated to grow by USD 1,915.49 million from 2022 to 2027. The market is estimated to grow at a CAGR of 7.78% during the forecast period. North America will account for 36% of the market's growth.  The report also provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. For more insights on the historic (2017 to 2021) and forecast market size (2022 to 2027) , request a sample report

Residential Air Quality Control Services Market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on type, End-user (Apartments and Standalone houses), Service (Maintenance and Cleaning), and Geography (North America, Europe, APAC, Middle East and Africa, and South America). 

• The apartments segment will account for a significant share of the market's growth during the forecast period. Apartments and housing societies require more air quality control services for maintenance and ease of operation. They generally use centralized HVAC systems for proper heating and ventilation. Air quality in residential premises can be maintained with regular and scheduled cleaning services like cleaning air ducts, HVAC systems, and vents.

Geography Overview
By geography, the global residential air quality control services market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global residential air quality control services market.

• North America is estimated to contribute 36% to the growth of the global market during the forecast period. The market in North America is expected to record a significant growth rate during the forecast period. One of the major factors stimulating market growth in the region is the rising number of air pollutants. The residential air quality control services market in APAC will witness steady growth during the forecast period. A marked rise in vendor interest will also fuel the growth of the APAC regional market.

For insights on global, regional, and country level parameters with growth opportunities from 2017 to 2027 Download a Sample Report

Residential Air Quality Control Services Market – Market Dynamics
Key factor driving market growth
 

• The increase in investments in the real estate sector is driving the global air quality control services market in the residential sector. This is because of the rise in construction activities that raises the presence of pollutants, both outdoors and indoors.
• The increasing awareness of the environmental impacts of pollution among the global population is a driving factor for the growth of the market.
• Concerns about the health issues caused by air pollution around the world are also driving significant demand for the global residential air quality control services market.
• Such factors drive the growth of the residential air quality control services market during the forecast period.

Leading trends influencing the market 

• Outsourcing facility management (FM) services for cleaning purposes helps building owners are driving demand in the market.
• They allow the building owners to focus on the core building functions and enhance the capacity to solve critical situations with respect to management services. 
• The impact of the Internet of Things (IoT) and the growing trend of smart homes are also driving the need for BIMS (building information modeling services), which in turn will impact the growth of air quality control services.
• Owners can control smart devices around their houses using a mobile or remote. This feature allows owners to keep an eye on indoor air quality. 
• Know more- Buy the Report!

Major challenges hindering market growth

• Increasing prices of tools, equipment, and cleaners can be a major challenge for cleaning services. 
• Many tools like access tools, inspection tools, and hand-cleaning tools are used in cleaning services. Rising prices of these equipment tools may have an impact on the cost structure, resulting in low-profit margins for vendors.
• To address the increasing complexity in terms of cleaning air pollutants, vendors need to update their solutions to the end-users. This requires more training for workers and the implementation of new techniques in the overall cleaning and maintenance services portfolio. 

 For more about drivers, Trends & Challenges find some insights from a sample report!

What are the key data covered in this Residential Air Quality Control Services Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Residential Air Quality Control Services Market between 2023 and 2027
• Precise estimation of the size of the Residential Air Quality Control Services Market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Residential Air Quality Control Services Market industry across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Residential Air Quality Control Services Market vendors

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments 
• Exhibit 24: Chart on Application - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application 
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

• 5.3 Bathroom faucets - Market size and forecast 2021-2026
• Exhibit 28: Chart on Bathroom faucets - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Bathroom faucets - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Bathroom faucets - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Bathroom faucets - Year-over-year growth 2021-2026 (%)

• 5.4 Kitchen faucets - Market size and forecast 2021-2026
• Exhibit 32: Chart on Kitchen faucets - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Kitchen faucets - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Kitchen faucets - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Kitchen faucets - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Application 
• Exhibit 36: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 APAC - Market size and forecast 2021-2026
• Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Russia - Market size and forecast 2021-2026
• Exhibit 70: Chart on Russia - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Russia - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Russia - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026
• Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 Japan - Market size and forecast 2021-2026
• Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Delta Faucet Co 
• Exhibit 89: Delta Faucet Co - Overview
• Exhibit 90: Delta Faucet Co - Product / Service
• Exhibit 91: Delta Faucet Co - Key offerings

• 10.4 Kingston Brass Inc 
• Exhibit 92: Kingston Brass Inc - Overview
• Exhibit 93: Kingston Brass Inc - Product / Service
• Exhibit 94: Kingston Brass Inc - Key offerings

• 10.5 Kohler Co. 
• Exhibit 95: Kohler Co. - Overview
• Exhibit 96: Kohler Co. - Product / Service
• Exhibit 97: Kohler Co. - Key news
• Exhibit 98: Kohler Co. - Key offerings

• 10.6 LIXIL Corp 
• Exhibit 99: LIXIL Corp - Overview
• Exhibit 100: LIXIL Corp - Business segments
• Exhibit 101: LIXIL Corp - Key offerings
• Exhibit 102: LIXIL Corp - Segment focus

• 10.7 Masco Corp. 
• Exhibit 103: Masco Corp. - Overview
• Exhibit 104: Masco Corp. - Business segments
• Exhibit 105: Masco Corp. - Key offerings
• Exhibit 106: Masco Corp. - Segment focus

• 10.8 Spectrum Brands Holdings Inc. 
• Exhibit 107: Spectrum Brands Holdings Inc. - Overview
• Exhibit 108: Spectrum Brands Holdings Inc. - Business segments
• Exhibit 109: Spectrum Brands Holdings Inc. - Key news
• Exhibit 110: Spectrum Brands Holdings Inc. - Key offerings
• Exhibit 111: Spectrum Brands Holdings Inc. - Segment focus

• 10.9 The Jaquar Group 
• Exhibit 112: The Jaquar Group - Overview
• Exhibit 113: The Jaquar Group - Product / Service
• Exhibit 114: The Jaquar Group - Key offerings

• 10.10 Ultra Faucets 
• Exhibit 115: Ultra Faucets - Overview
• Exhibit 116: Ultra Faucets - Product / Service
• Exhibit 117: Ultra Faucets - Key offerings

• 10.11 VIGO INDUSTRIES LLC 
• Exhibit 118: VIGO INDUSTRIES LLC - Overview
• Exhibit 119: VIGO INDUSTRIES LLC - Product / Service
• Exhibit 120: VIGO INDUSTRIES LLC - Key offerings

• 10.12 Zurn Water Solutions Corp 
• Exhibit 121: Zurn Water Solutions Corp - Overview
• Exhibit 122: Zurn Water Solutions Corp - Product / Service
• Exhibit 123: Zurn Water Solutions Corp - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 124: Inclusions checklist
• Exhibit 125: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 126: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 127: Research methodology
• Exhibit 128: Validation techniques employed for market sizing
• Exhibit 129: Information sources

• 11.5 List of abbreviations 
• Exhibit 130: List of abbreviations

About Us
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.

Contact
Technavio Research
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Email: [email protected]
Website: www.technavio.com/

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