The radon detector market was valued at US$ 514.88 million in 2019 and is anticipated to reach US$ 877.68 million by 2027; it is expected to grow at a CAGR of 7.2% during 2020–2027.
The COVID-19 outbreak hindered the growth of the global market in 2020, and thus there is a decline in the y-o-y growth. However, the growth is expected to normalize from 2021 onwards and the market is projected to grow at a steady pace.
Radon is an odorless and colorless radioactive gas. As per real estate law, radon tests are conducted in residential and commercial places as part of a home inspection. Before purchasing a house, it is required to pass radon testing is a part of that home inspection process. Radon levels are not constant; they rise and fall with the seasons, or with changes in the home’s ventilation or changes in the area around the home. The levels of radon are recorded low in summer, whereas the levels increase in winter. The United States Environmental Protection Agency (US EPA) recommends checking of radon levels in every two years since its flow can increase over a period longer than one year. Radon takes years to affect an individual, as its exposure for a long period may cause lung cancer. As per EPA estimates, it is the major cause of lung cancer among nonsmokers. There are ~21,000 reported deaths every year due to lung cancer, and out of these ~2,900 deaths are of nonsmoker people. According to the World Health Organization (WHO), radon causes ~15% of lung cancer cases worldwide. To mitigate the lung cancer rate, the WHO initiated an international radon project to help countries increase awareness, gather data, and encourage action to reduce radon-related risks. The tremendous growth in population is likely to surge the construction of residential and commercial buildings, which would further demand radon detectors in the coming years. In schools, workplaces, or residential communities, radon detectors have been deployed to provide timely and accurate radon reports. The concentration of radon is found in the lowest level of offices or homes. This is because it is found in the rocks and soil beneath the foundation. Radon gas also enters offices or homes through water while using dishwasher, shower, and washing machine. Thus, residential and commercial sectors are procuring radon detectors to limit the radon level for the safety of people.
Impact of COVID-19 Pandemic on North America Radon Detector Market
In the global radon detectors market, North America is the largest market in terms of revenue share and it is expected to dominate the market during the forecast period. The region has the presence of a few key growth markets 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 hindrance on the economic growth of these regions would restrain the growth of the market. Presently, the US is the world’s worst affected country due to the COVID-19 outbreak. The market witnessed a decline in company sales and marketing activities, cancellation of product launches, temporary shutdown of businesses, and disruptions in supply chain and manufacturing activities in the past year. All these factors have hampered the revenue and growth of the players operating in the radon detectors market in North America. However, the ongoing restructuring efforts taken by companies to tackle the supply chain issues and increase coordination with sales partners may help in reducing the negative impact to some extent.
Lucrative Regions for Radon Detector Market
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Radon Detector Market Insights
Increasing Importance and Awareness of Indoor Air Quality
A large number of people spend most of their time indoors either in homes or in workplaces; therefore, the importance of indoor air quality is growing at an impressive pace to ensure optimum living conditions and avoid any health-related ailments due to pollutants/harmful gases present indoors. Exposure to various indoor pollutants such as radon, mold, pressed wood products, and secondhand smoke may lead to severe health conditions, such as lung cancer and asthma among people. Thus, indoor air quality has become an important concern among individual customers and business owners. The deficient indoor air quality (IAQ) negatively impacts the productivity, cognitive function, health, and well-being of the occupants in absence of regular testing, measurement, and mitigation of these pollutants and harmful substances. Radon is one such radioactive gas that can accumulate in homes and commercial buildings to concentrated levels. Prolonged exposure to radon can substantially increase the risk of lung cancer. International Agency for Research on Cancer (IARC) has classified radon as a class-1 carcinogen. Radon detectors—both consumer grade and professional grade—offers a great solution for customers to measure and monitor radon levels in their homes and workplaces. The early detection of radon levels allows customers to take necessary steps to mitigate the radon levels and to avoid any harmful effects on their health. Thus, the increasing importance of better indoor air quality in homes and commercial places is driving the adoption of radon detectors among end-customers and boosting the overall market growth.
Type-Based Market Insights
The global radon detector market, by type, is bifurcated into long-term and short-term. The long-term segment led the market in 2019. A long-term radon detector acts like a smoke detector, which is continuously tuned into the environment so that one does not have to be concerned. This detector is highly crucial for avoiding radon-related health issues since one cannot smell radon like natural gas. This long-term radon detector has the capability to detect radon gas and inform when radon is present in huge amounts. A long-term detector monitors gas levels and helps one understand where it pools in the house. Continuous radon monitors for long term testing are also included in this segment.
Radon Detector Market, by Type (%) – 2019 and 2027
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Application-Based Market Insights
Based on application, the radon detectors market is segmented into residential, commercial, and other applications. The commercial segment led the market in 2019. The residential sector has gained momentum in recent years after weak growth in the past few years. This is due to a continuous surge in the global population and rise in demand for single-family homes. This growth in residential construction is likely to surge the demand for radon detectors in the coming years. As per the United Nations, the worldwide population stood at 7.6 billion in 2017, and it is expected to rise to 8.6 billion by 2030, 9.8 billion by 2050, and 11.2 billion by 2100, respectively. Countries in Asia and the Middle East have accounted for a huge number of residential construction projects in recent years, probably more than any other region, due to the staggering growth of the population in the regions. The heavy growth in residential constructions in these regions is likely to create a significant demand for radon detectors.
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Radon Detector Market: Strategic Insights
Market Size Value in US$ 514.88 Million in 2019 Market Size Value by US$ 877.68 Million by 2027 Growth rate CAGR of 7.2% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Radon Detector Market: Strategic Insights
| Market Size Value in | US$ 514.88 Million in 2019 |
| Market Size Value by | US$ 877.68 Million by 2027 |
| Growth rate | CAGR of 7.2% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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The players operating in the radon detector market focus on strategies such as mergers, acquisitions, product developments, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
- In 2020, PathogenDx, Inc partnered with Bertin Instruments to create an innovative solution to detect SARS-CoV-2 and other airborne viruses.
The global Radon Detector market has been segmented as follows:
Radon Detector Market – by Type
- Long-Term
- Short-Term
Radon Detector Market – by Application
- Residential
- Commercial
- Others
Radon Detector Market – by Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Company Profiles
- AIRTHINGS
- BERTIN INSTRUMENTS
- BRK Brands Inc
- DURRIDGE
- Family Safety Products Inc
- PRO-LAB
- Radiation Safety Services, Inc.
- Radonova
- SunRADON LLC
- Quarta-Rad Inc
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
In 2019, North America held the largest share of global radon detector market. For millers, transporters, and uranium miners, who have certain health problems because of radon exposure, the US government has established the Radiation Exposure Compensation Program. In this program, the government provides a lump sum payment to people suffering from lung cancer and selected noncancerous lung diseases, if specific criteria are met. The Surgeon General, the US EPA, the American Lung Association, the American Medical Association, and the National Safety Council recommend testing homes for radon. Thus, high significance of testing radon gas is surging the deployment of radon detectors in the region across all residential and commercial buildings.
Radon detectors offers a great solution for customers to measure and monitor radon levels in their homes and workplaces. The early detection of radon levels allows customers to take necessary steps to mitigate the radon levels and to avoid any harmful effects on their health. Thus, the increasing importance of better indoor air quality in homes and commercial places is driving the adoption of radon detectors among end-customers and boosting the overall market growth.
The long-term is the leading type in the market in 2019. A long-term radon detector acts like a smoke detector, which is continuously tuned into the environment so that one does not have to be concerned. This detector is highly crucial for avoiding radon-related health issues since one cannot smell radon like natural gas. This long-term radon detector has the capability to detect radon gas and inform when radon is present in dangerous amounts. A long-term detector monitors gas levels and helps one understand where it pools in the house.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Radon Detectors Market – By Type
1.3.2 Radon Detectors Market – By Application
1.3.3 Radon Detectors Market- By Region
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Radon Detectors Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East and Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Radon Detectors –Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Importance and Awareness of Indoor Air Quality
5.1.2 Positive Impact of Radon related Codes and Standards
5.2 Market Restraints
5.2.1 Lack of Awareness and Technical Expertise
5.3 Market Opportunities
5.3.1 Growth Opportunities for Radon Detectors in Developing Markets
5.4 Future Trends
5.4.1 Continuous Advancements in Radon Detector Solutions to Fuel Future Demand
5.5 Impact Analysis of Drivers and Restraints
6. Radon Detectors Market – Global Analysis
6.1 Radon Detectors Market Global Overview
6.2 Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Radon Detectors Market Analysis – By Type
7.1 Overview
7.2 Radon Detectors Market Breakdown, by Type, 2019 & 2027
7.3 Long-Term
7.3.1 Overview
7.3.2 Long-Term: Radon Detectors Market –Revenue and Forecast to 2027 (US$ Million)
7.4 Short-Term
7.4.1 Overview
7.4.2 Short-Term: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
8. Radon Detectors Market Analysis – By Application
8.1 Overview
8.2 Radon Detectors Market Breakdown, by Application, 2019 & 2027
8.3 Residential
8.3.1 Overview
8.3.2 Residential: Radon Detectors Market –Revenue and Forecast to 2027 (US$ Million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: Radon Detectors Market –Revenue and Forecast to 2027 (US$ Million)
8.5 Other Applications
8.5.1 Overview
8.5.2 Other Applications: Radon Detectors Market –Revenue and Forecast to 2027 (US$ Million)
9. Radon Detectors Market – Geographic Analysis
9.1 Overview
9.2 North America: Radon Detectors Market
9.2.1 North America: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.2.2 North America: Radon Detectors Market, by Type
9.2.3 North America: Radon Detectors Market, by Application
9.2.4 North America: Radon Detectors Market, by Key Country
9.2.4.1 US: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.2.4.1.1 US: Radon Detectors Market, by Type
9.2.4.1.2 US: Radon Detectors Market, by Application
9.2.4.2 Canada: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.2.4.2.1 Canada: Radon Detectors Market, by Type
9.2.4.2.2 Canada: Radon Detectors Market, by Application
9.2.4.3 Mexico: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.2.4.3.1 Mexico: Radon Detectors Market, by Type
9.2.4.3.2 Mexico: Radon Detectors Market, by Application
9.3 Europe: Radon Detectors Market
9.3.1 Europe: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.3.2 Europe: Radon Detectors Market, by Type
9.3.3 Europe: Radon Detectors Market, by Application
9.3.4 Europe: Radon Detectors Market, by Key Country
9.3.4.1 Germany: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.1.1 Germany: Radon Detectors Market, by Type
9.3.4.1.2 Germany: Radon Detectors Market, by Application
9.3.4.2 France: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.2.1 France: Radon Detectors Market, by Type
9.3.4.2.2 France: Radon Detectors Market, by Application
9.3.4.3 Italy: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.3.1 Italy: Radon Detectors Market, by Type
9.3.4.3.2 Italy: Radon Detectors Market, by Application
9.3.4.4 UK: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.4.1 UK: Radon Detectors Market, by Type
9.3.4.4.2 UK: Radon Detectors Market, by Application
9.3.4.5 Russia: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.5.1 Russia: Radon Detectors Market, by Type
9.3.4.5.2 Russia: Radon Detectors Market, by Application
9.3.4.6 Rest of Europe: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.6.1 Rest of Europe: Radon Detectors Market, by Type
9.3.4.6.2 Rest of Europe: Radon Detectors Market, by Application
9.4 APAC: Radon Detectors Market
9.4.1 APAC: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.4.2 APAC: Radon Detectors Market, by Type
9.4.3 APAC: Radon Detectors Market, by Application
9.4.4 APAC: Radon Detectors Market, by Key Country
9.4.4.1 China: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.1.1 China: Radon Detectors Market, by Type
9.4.4.1.2 China: Radon Detectors Market, by Application
9.4.4.2 India: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.2.1 India: Radon Detectors Market, by Type
9.4.4.2.2 India: Radon Detectors Market, by Application
9.4.4.3 Japan: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.3.1 Japan: Radon Detectors Market, by Type
9.4.4.3.2 Japan: Radon Detectors Market, by Application
9.4.4.4 South Korea: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.4.1 South Korea: Radon Detectors Market, by Type
9.4.4.4.2 South Korea: Radon Detectors Market, by Application
9.4.4.5 Australia: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.5.1 Australia: Radon Detectors Market, by Type
9.4.4.5.2 Australia: Radon Detectors Market, by Application
9.4.4.6 Rest of APAC: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.4.4.6.1 Rest of APAC: Radon Detectors Market, by Type
9.4.4.6.2 Rest of APAC: Radon Detectors Market, by Application
9.5 MEA: Radon Detectors Market
9.5.1 MEA: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.5.2 MEA: Radon Detectors Market, by Type
9.5.3 MEA: Radon Detectors Market, by Application
9.5.4 MEA: Radon Detectors Market, by Key Country
9.5.4.1 South Africa: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.1.1 South Africa: Radon Detectors Market, by Type
9.5.4.1.2 South Africa: Radon Detectors Market, by Application
9.5.4.2 Saudi Arabia: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.2.1 Saudi Arabia: Radon Detectors Market, by Type
9.5.4.2.2 Saudi Arabia: Radon Detectors Market, by Application
9.5.4.3 UAE: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.3.1 UAE: Radon Detectors Market, by Type
9.5.4.3.2 UAE: Radon Detectors Market, by Application
9.5.4.4 Rest of MEA: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.4.1 Rest of MEA: Radon Detectors Market, by Type
9.5.4.4.2 Rest of MEA: Radon Detectors Market, by Application
9.6 SAM: Radon Detectors Market
9.6.1 SAM: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.6.2 SAM: Radon Detectors Market, by Type
9.6.3 SAM: Radon Detectors Market, by Application
9.6.4 SAM: Radon Detectors Market, by Key Country
9.6.4.1 Brazil: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.6.4.1.1 Brazil: Radon Detectors Market, by Type
9.6.4.1.2 Brazil: Radon Detectors Market, by Application
9.6.4.2 Argentina: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.6.4.2.1 Argentina: Radon Detectors Market, by Type
9.6.4.2.2 Argentina: Radon Detectors Market, by Application
9.6.4.3 Rest of SAM: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
9.6.4.3.1 Rest of SAM: Radon Detectors Market, by Type
9.6.4.3.2 Rest of SAM: Radon Detectors Market, by Application
10. Radon Detectors Market- COVID-19 Impact Analysis
10.1 Overview
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 Middle East and Africa
10.6 South America
11. Radon Detectors Market-Industry Landscape
11.1 Overview
12. Company Profiles
12.1 Airthings
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 BERTIN INSTRUMENTS
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 BRK Brands, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 DURRIDGE
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Family Safety Products, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 PRO-LAB
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Radiation Safety Services, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Radonova
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 SunRADON LLC
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Quarta-Rad Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: Radon Detectors Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Radon Detectors Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 4. US: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 5. US: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 6. Canada: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. Canada: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 8. Mexico: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. Mexico: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 10. Europe: Radon Detectors Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 11. Europe: Radon Detectors Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 12. Germany: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 13. Germany: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 14. France: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 15. France: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 16. Italy: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 17. Italy: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 18. UK: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 19. UK: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 20. Russia: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 21. Russia: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 22. Rest of Europe: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 23. Rest of Europe: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 24. APAC: Radon Detectors Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 25. APAC: Radon Detectors Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 26. China: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 27. China: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 28. India: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 29. India: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 30. Japan: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 31. Japan: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 32. South Korea: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 33. South Korea: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 34. Australia: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 35. Australia: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of APAC: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 37. Rest of APAC: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 38. MEA: Radon Detectors Market, by Type– Revenue and Forecast to 2027 (US$ Million)
Table 39. MEA: Radon Detectors Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 40. South Africa: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 41. South Africa: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 42. Saudi Arabia: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 43. Saudi Arabia: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 44. UAE: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 45. UAE: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 46. Rest of MEA: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 47. Rest of MEA: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 48. SAM: Radon Detectors Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 49. SAM: Radon Detectors Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 50. Brazil: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 51. Brazil: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 52. Argentina: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 53. Argentina: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 54. Rest of SAM: Radon Detectors Market, by Type–Revenue and Forecast to 2027 (US$ Million)
Table 55. Rest of SAM: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 56. List of Abbreviation
LIST OF FIGURES
Figure 1. Radon Detectors Market Segmentation
Figure 2. Radon Detectors Market Segmentation – By Geography
Figure 3. Global Radon Detectors Market Overview
Figure 4. Long-Term Segment Held the Largest Market Share in 2019
Figure 5. Commercial Segment Held the Largest Market Share in 2019
Figure 6. North America Region Held the Largest Market Share in 2019
Figure 7. North America – PEST Analysis
Figure 8. Europe – PEST Analysis
Figure 9. Asia Pacific – PEST Analysis
Figure 10. Middle East and Africa – PEST Analysis
Figure 11. SAM – PEST Analysis
Figure 12. Ecosystem Analysis
Figure 13. Expert Opinion
Figure 14. Radon Detectors Market Impact Analysis of Drivers and Restraints
Figure 15. Geographic Overview of Radon Detectors Market
Figure 16. Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Market Positioning – Five Key Players
Figure 18. Radon Detectors Market Breakdown, by Type (2019 and 2027)
Figure 19. Long-Term: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Short-Term: Radon Detectors Market –Revenue and Forecast to 2027 (US$ Million)
Figure 21. Radon Detectors Market Breakdown, by Application (2019 and 2027)
Figure 22. Residential: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Commercial: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Other Applications: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Radon Detectors Market Revenue Share, By Region (2019 and 2027)
Figure 26. North America: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. North America: Radon Detectors Market Revenue Share, By Type (2019 and 2027)
Figure 28. North America: Radon Detectors Market Revenue Share, By Application (2019 and 2027)
Figure 29. North America: Radon Detectors Market Revenue Share, By Key Country (2019 and 2027)
Figure 30. US: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Canada: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Mexico: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. Europe: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Europe: Radon Detectors Market Revenue Share, By Type (2019 and 2027)
Figure 35. Europe: Radon Detectors Market Revenue Share, By Application (2019 and 2027)
Figure 36. Europe: Radon Detectors Market Revenue Share, By Key Country (2019 and 2027)
Figure 37. Germany: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 38. France: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39. Italy: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 40. UK: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 41. Russia: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 42. Rest of Europe: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 43. APAC: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 44. APAC: Radon Detectors Market Revenue Share, By Type (2019 and 2027)
Figure 45. APAC: Radon Detectors Market Revenue Share, By Application (2019 and 2027)
Figure 46. APAC: Radon Detectors Market Revenue Share, By Key Country (2019 and 2027)
Figure 47. China: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 48. India: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 49. Japan: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. South Korea: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 51. Australia: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 52. Rest of APAC: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 53. MEA: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 54. MEA: Radon Detectors Market Revenue Share, By Type (2019 and 2027)
Figure 55. MEA: Radon Detectors Market Revenue Share, By Application (2019 and 2027)
Figure 56. MEA: Radon Detectors Market Revenue Share, By Key Country (2019 and 2027)
Figure 57. South Africa: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 58. Saudi Arabia: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 59. UAE: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 60. Rest of MEA: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 61. SAM: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 62. SAM: Radon Detectors Market Revenue Share, By Type (2019 and 2027)
Figure 63. SAM: Radon Detectors Market Revenue Share, By Application (2019 and 2027)
Figure 64. SAM: Radon Detectors Market Revenue Share, By Key Country (2019 and 2027)
Figure 65. Brazil: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 66. Argentina: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 67. Rest of SAM: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 68. Impact of COVID-19 Pandemic in North American Country Markets
Figure 69. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 70. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 71. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 72. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Radon Detector Market
- Airthings
- BERTIN INSTRUMENTS
- BRK Brands, Inc.
- DURRIDGE
- Family Safety Products, Inc.
- PRO-LAB
- Quarta-Rad Inc.
- Radiation Safety Services, Inc.
- Radonova
- SunRADON LLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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