Product Code: ENV003J
Highlights:
The U.S. indoor air quality market is projected to grow from $9.8 billion in 2022 to $11.9 billion in 2027 at a compound annual growth rate (CAGR) of 4.1% during the forecast period.
The U.S. indoor air quality market for Southern region is projected to grow from $3.7 billion in 2022 to $4.8 billion in 2027 at a compound annual growth rate (CAGR) of 5.0% during the forecast period.
The U.S. indoor air quality market for Western region is projected to grow from $2.5 billion in 2022 to $2.9 billion in 2027 at a compound annual growth rate (CAGR) of 3.4% during the forecast period.
Report Scope:
This scope of the report includes four segments: product type, end-use industry, types and country analyses. The product type is categorized into air purifiers, humidifiers, ventilation systems, air filters, dehumidifiers, ultraviolet (UV) lamps and carbon monoxide alarms. The end-use industry is segmented into residential, industrial, commercial and others. The residential segment is further sub-segmented into private homes, apartments and others. The industrial segment is further sub-segmented into oil and gas, coal and mining, chemical, power and energy, general manufacturing and others. The commercial segment is further sub-segmented into schools and universities, hospitality, retail, office buildings, hotels and restaurants, long-term care communities and others. The type of segment is further categorized into new equipment and service. The country analysis has been further divided into four regions: Northeast, Midwest, South and West.
The report is prepared in a simple, easy-to-understand format; tables and figures are included to illustrate historical, current and future market scenarios. It also covers leading companies with information on product types, business footprint and revenue. A list of other companies in regional markets is included as well. The report also includes a patent analysis for the U.S. indoor air quality market, which represents a significant investment area for investors.
The report incorporates the impact of the COVID-19 pandemic and the Russia-Ukraine war on the U.S. markets.
In this report, 2021 is used as the market's base year, estimated values are provided for 2022 and the market values are forecast for the period from 2022 to 2027. All market values are provided in millions of dollars, and market shares and CAGRs are provided in percentages.
Report Includes:
- 81 tables
- An updated overview and in-depth analysis of the U.S. market indoor air quality (IAQ) products and services
- Analyses of the market trends, with historic market revenue data for 2021, 2022, estimates for 2023, 2025, and projections of compound annual growth rates (CAGRs) through 2027
- Estimation of the actual market size and revenue forecasts for the U.S. indoor air quality market, and corresponding market share analysis by type, product segments, end-use industry, and region
- Discussion of the major factors driving the growth of IAQ industry, history and importance, market trends and environment, regulatory concerns, and the effects of IAQ contaminants
- Holistic review of the impact of COVID-19 and the Russia-Ukraine war on the U.S. indoor air quality market
- Analysis of the market opportunities with a holistic study of Porter's Five Forces model and PESTLE analysis of the IAQ industry considering both the micro and macro environmental factors prevailing in the marketplace
- Insight into the recent industry structure for indoor air quality market, government regulations and standards, key development issues, and the vendor landscape and operational integration
- Analysis of the key patent grants and intellectual property aspects of the market
- Competitive landscape featuring the leading manufacturers of IAQ products in U.S., their current ranking and company share analysis, along with the latest key developments within the industry
- Descriptive company profiles of the leading market players, including AprilAire, Carrier, Honeywell International Inc., Lennox International Inc., Trane Technologies plc. And Mann+Hummel
Table of Contents
Chapter 1 Introduction
- 1.1 Overview
- 1.2 Study Goals and Objectives
- 1.3 Reasons for Doing This Study
- 1.4 What's New in This Update?
- 1.5 Scope of Report
- 1.6 Information Sources
- 1.7 Intended Audience
- 1.8 Research Methodology
- 1.9 Regional Breakdown
- 1.10 Analyst's Credentials
- 1.11 BCC Custom Research
- 1.12 Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
- 3.1 Current Market Overview
- 3.2 Importance of the IAQ Industry
- 3.3 History of the Industry
- 3.4 Common Contaminants
- 3.4.1 Carbon Monoxide
- 3.4.2 Nitrogen Dioxide
- 3.4.3 Combustion Products
- 3.4.4 Ozone
- 3.4.5 Formaldehyde
- 3.4.6 Particulates
- 3.4.7 Radon
- 3.4.8 Asbestos
- 3.4.9 Volatile Organic Compounds
- 3.4.10 Environmental Tobacco Smoke
- 3.4.11 Biological Contaminants
- 3.5 Air Pollutants
- 3.5.1 Outdoor Air Pollutants
- 3.5.2 Indoor Air Pollutants
- 3.6 Effects of Outdoor Environment on Indoor Air Pollution
- 3.6.1 Interaction of Outdoor and Indoor Air
- 3.6.2 Paths of Outdoor Air Pollutants to Indoor Environments
- 3.7 Correlation of Climate Change with Indoor Air Quality
- 3.8 Causes of IAQ Problems
- 3.8.1 Inadequate Ventilation
- 3.8.2 Contamination from Inside a Building
- 3.8.3 Contamination from Outside Sources
- 3.8.4 Microbial Contamination
- 3.8.5 Contamination from Building Materials
- 3.9 Effects of IAQ Contaminants
- 3.9.1 Indoor Air Quality Consulting Services
- 3.9.2 Environmental Services
- 3.10 Market Environment
- 3.10.1 U.S. Per Capita Spending on Health
- 3.10.2 U.S. GDP
- 3.10.3 U.S. Industry Value Added
- 3.10.4 U.S. Construction Industry
- 3.11 Value Chain Analysis of the U.S. Indoor Air Quality Market
- 3.11.1 Raw Material Suppliers
- 3.11.2 Sub-Component Providers
- 3.11.3 IAQ Manufacturers
- 3.11.4 End Users
- 3.12 PESTLE Analysis
- 3.13 Porter's Five Forces Model
- 3.13.1 Threat of New Entrants
- 3.13.2 Threat of Substitute
- 3.13.3 Bargaining Power of Suppliers
- 3.13.4 Bargaining Power of Buyer Power
- 3.13.5 Competitive Rivalry
- 3.14 COVID-19's Impact on the U.S. Indoor Air Quality Market
- 3.15 Russia-Ukraine War Impact on the U.S. Indoor Air Quality Market
Chapter 4 U.S. Market Dynamics
- 4.1 Overview
- 4.2 Market Drivers
- 4.2.1 Growing Awareness Among the Consumers Propels the Demand for IAQ Products
- 4.2.2 Supportive Government Regulations for Improving Indoor Air Quality
- 4.2.3 Increase in Indoor Air Pollution
- 4.2.4 Potential Dangers of Black Mold Increases the Demand for IAQ products
- 4.2.5 Sudden Mishap of Bioterrorism Creates Demand for IAQ Products
- 4.2.6 Infectious Respiratory Diseases
- 4.2.7 Water Leaks in Pipes
- 4.2.8 Construction or Renovation Activities Near Buildings
- 4.2.9 Electronic Equipment
- 4.3 Opportunity in the U.S. Market
- 4.3.1 Growth Prospect in Industrial Sector for IAQ Products
- 4.4 Market Restraints
- 4.4.1 High Cost of Indoor Air Quality Products
- 4.5 Current Market Trends
- 4.5.1 Continuous Technological Advancement in IAQ Products
- 4.5.2 Growing Integration of Building Automation in IAQ Products
Chapter 5 Market Breakdown by Product Type
- 5.1 Overview
- 5.2 U.S. Indoor Air Quality Market by Product Type
- 5.2.1 Air Purifiers
- 5.2.2 Humidifiers
- 5.2.3 Ventilation Systems
- 5.2.4 Air Filters
- 5.2.5 Dehumidifiers
- 5.2.6 Ultraviolet Lamps
- 5.2.7 Others
Chapter 6 Market Breakdown by End-Use Industry
- 6.1 Overview
- 6.2 U.S. Indoor Air Quality Market by End-Use Industry
- 6.2.1 Commercial
- 6.2.2 Healthcare
- 6.2.3 Retail
- 6.2.4 Office Buildings
- 6.2.5 Hotels and Restaurants
- 6.2.6 Long-Term Care Communities
- 6.2.7 Others
- 6.3 Industrial
- 6.3.1 Oil and Gas
- 6.3.2 Coal and Mining
- 6.3.3 Chemical
- 6.3.4 Power and Energy
- 6.3.5 General Manufacturing
- 6.3.6 Others
- 6.4 Residential
- 6.4.1 Pollutants Commonly Found in the Home
- 6.4.2 Private Homes
Chapter 7 Market Breakdown by Segment: Equipment/Services
- 7.1 Overview
- 7.2 U.S. Indoor Air Quality Market by Segment: Equipment/Services
- 7.2.1 Equipment
- 7.2.2 Services
Chapter 8 Market Breakdown by Region
- 8.1 Overview
- 8.2 Northeast
- 8.3 Midwest
- 8.4 South
- 8.5 West
- 8.6 Effects of Wildfire on IAQ
Chapter 9 Patent Analysis
- 9.1 Overview
- 9.2 Patent Description for Indoor Air Quality Products
Chapter 10 Competitive Landscape
- 10.1 Overview
- 10.2 Market Share Analysis
- 10.3 Competitive Dashboard
- 10.3.1 Strategic Initiatives
- 10.3.2 Industry Experience
- 10.3.3 Diversification in Product Portfolio
- 10.3.4 Product Maturity
- 10.3.5 U.S Presence
- 10.4 Technology Mapping Analysis
- 10.5 Leading Players and Their Technologies
- 10.6 Key Developments
Chapter 11 Company Profiles
- 11.1 Overview
- APRILAIRE
- BEYOND BY AERUS
- BLUEAIR
- BROAN-NUTONE LLC
- CAMFIL
- CARRIER
- DAIKIN INDUSTRIES LTD.
- DUST FREE
- FRESH-AIRE UV
- GENERAL FILTERS INC.
- HONEYWELL INTERNATIONAL INC.
- JOHNSON CONTROLS INTERNATIONAL PLC
- LENNOX INTERNATIONAL INC.
- LG ELECTRONICS
- MADISONIAQ
- MANN+HUMMEL
- MUNTERS
- PANASONIC CORP. OF NORTH AMERICA
- QLEANAIR SCANDINAVIA AB
- RGF ENVIRONMENTAL GROUP INC.
- RHEEM MANUFACTURING COMPANY
- SYSTEMAIR AB
- S&P SISTEMAS DE VENTILACION SLU
- TRANE
- 11.2 Other List of Players
Chapter 12 Appendix: Acronyms and Abbreviations