North America Radon Detectors Market Key Players and Forecast by 2027
North America Radon Detectors Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Long-Term and Short-Term) and Application (Residential, Commercial, and Others)
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027- Report Date : May 2021
- Report Code : TIPRE00022073
- Category : Electronics and Semiconductor
- Status : Published
- Available Report Formats :
- No. of Pages : 74
The radon detectors market in North America is expected to grow from US$ 225.49 million in 2019 to US$ 416.00 million by 2027; it is estimated to grow at a CAGR of 8.2% from 2020 to 2027.
The US, Canada, and Mexico are the economies considered in the report. Positive Impact of Radon related Codes and Standards recently gained momentum after weak growth over the past few years. There are several initiatives and programs developed by organizations across the world to increase awareness about radon and to develop standards/codes for measurement and mitigation of radon levels in residential and commercial sectors. Organizations such as EPA, American Association of Radon Scientists and Technologists (AARST), European Radon Association, U.S. Green Building Council, and UK Radon Association among many others coupled with programs/initiatives/standards such as National Radon Proficiency Program (NRPP), Health Canada Radon Program, Citizens for Radioactive Radon Reduction, and Building Codes and Standards for Radon-Resistant New Construction (RRNC) such as International Residential Code (IRC) and American National Standards are complementing the adoption and growth of radon detectors among residential and commercial users. In addition to this, national radon programmes and surveys are boosting the awareness about radon, its levels, and harmful effects among world population. Hence, the standards and codes developed by various government and industry bodies in various countries for radon detection and mitigation are driving the overall market growth is also bolstering the growth of the construction industry. Thus, the growth in the sector is expected to create a significant demand for Radon Detectors in the coming years, which is further anticipated to drive the market in North America.
The North America region is characterized by the presence of some of the key growth markets for radon detectors such as the US and Canada, where the adoption of these solutions is quite high owing to the huge presence of key solution providers and high awareness of harmful effects of radon levels. Thus, any impact on the economic growth of the region will impact the growth of the market in a negative manner. Presently, the US is the world’s worst affected country due to COVID-19 outbreak. Due to COVID-19 outbreak, there is a decline in company sales and marketing activities, product launches, temporary shutdown of businesses, and disruptions in supply chain and manufacturing activities in the past year. All these factors have impacted the revenue and growth of radon detectors market players operating in the region. However, through ongoing restructuring efforts taken by companies to tackle the supply chain issues and to increase coordination with sales partners may help in reducing the negative impact to some extent.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the radon detectors market. The North America radon detectors market is expected to grow at a good CAGR during the forecast period.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
North America Radon Detectors Market Segmentation
North America Radon Detectors Market
–By Type
- Long-term
- Short-term
- Twin Core
North America Radon Detectors Market
–By Application
- Residential
- Commercial
- Others
North America Radon Detectors Market – By Country
- US
- Canada
- Mexico
North America Radon Detectors Market-Companies Mentioned
- Airthings
- Bertin Instruments
- BEK Brands, Inc
- Durridge
- Family Safety Products, Inc
- PRO-LAB
- Radiation Safety Services, Inc
- Radonova
- SunRADON LLC
- Quarta-Rad Inc
North America Radon Detectors Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 225.49 Million |
| Market Size by 2027 | US$ 416.00 Million |
| CAGR (2020 - 2027) | 8.2% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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