Report Highlights
The U.S. indoor air quality (IAQ) market was valued at $10.2 billion in 2023. It is expected to grow from $10.5 billion in 2024 to $12.9 billion by 2029, at a compound annual growth rate (CAGR) of 4.3% from 2024 through 2029.
Report Includes
- 19 data tables and 51 additional tables
- An updated overview and in-depth analysis of the U.S. market for indoor air quality (IAQ) products and services
- Analyses of the market trends, with sales data for 2023, estimates for 2024, forecasts for 2025 and 2027, and projections of compound annual growth rates (CAGRs) through 2029
- Estimates of the actual market size and revenue forecasts for the U.S. IAQ market, and a corresponding market share analysis by type, product segment, end-use industry, and region
- Discussion of the factors driving the growth of the IAQ industry, its history and importance, market trends, regulatory concerns, and the effects of IAQ contaminants
- Analysis of the market opportunities using the Porter’s Five Forces model and a supply chain analysis of the IAQ industry, considering the micro- and macro environmental factors prevailing in the marketplace
- Insights into the industry structure for the IAQ market, government regulations and standards, recent development, and the vendor landscape
- Analysis of the key patents and IP aspects of the market
- A discussion of the industry’s ESG challenges and practices
- A look at the competitive landscape, featuring the leading manufacturers of IAQ products in the U.S., their current ranking and company share analysis
- Profiles of the leading companies in the market, including Carrier, Daikin Industries, Honeywell International, Johnson Controls and Trane Technologies.
Report Scope
This report analyzes the U.S. indoor air quality (IAQ) market by type, product type and end-use industry. The end-use industry is segmented into residential, commercial, industrial, and others (electronics, aerospace, paper and pulp, and construction equipment). Additionally, the report discusses the innovations in technology, regulatory compliances, and economic trends that influence the U.S. IAQ market. The analyst has included the patent analysis for the U.S. IAQ. The study includes a Porter’s Five Forces analysis, a chapter on environmental, social, and governance (ESG), and analyzes emerging technologies and macroeconomic factors.
The report also includes a regional split of the U.S.— the Northeast, Midwest, South, and West regions—examining the factors influencing demand. The report provides profiles of leading IAQ product providers in the U.S. In the report, 2023 is considered a base year, estimates are made for 2024, and market values are forecast for five years through 2029. All market values are in the dollar ($) millions.
Report Synopsis
Report Metrics | Details | ||||||||||||||||
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Base year considered | 2023 | ||||||||||||||||
Forecast period considered | 2024-2029 | ||||||||||||||||
Base year market size | $10.2 Billion | ||||||||||||||||
Market size forecast | $12.9 Billion | ||||||||||||||||
Growth rate | CAGR of 4.3% (by Value) from 2024 to 2029 | ||||||||||||||||
Units considered | $ Millions (Value); Million Units (Volume) | ||||||||||||||||
Segments covered | By Type, Product Type, End-Use Industry, and Region | ||||||||||||||||
Regions covered | The Northeast, Midwest, South, and West regions | ||||||||||||||||
Key Market Drivers |
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Companies studied |
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Frequently Asked Questions (FAQs)
- By Type.
- By Product Type.
- By End-Use Industry.
- By Region.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report 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.
Report Highlights
The U.S. market for indoor air quality products should grow from $9.2 billion in 2020 to $9.9 billion by 2025, at a compound annual growth rate (CAGR) of 1.6% for the period of 2020-2025.
Report Highlights
The U.S. market for indoor air quality (IAQ) should grow from $9.6 billion in 2018 to reach $12.2 billion by 2023 at a compound annual growth rate (CAGR) of 4.9% for the period of 2018-2023.
Report Highlights
The indoor air quality market in the U.S. totaled $7.8 billion in 2015. The market should total $8.3 billion in 2016 and $10.8 billion by 2021, increasing at a compound annual growth rate (CAGR) of 5.3% from 2016 to 2021.
Report Highlights
The U.S. Indoor Air Quality (IAQ) market was over $7.7 billion in 2013 and is expected to grow to $8.1 billion in 2014 and $11.4 billion by 2019, a compound annual growth rate (CAGR) of 7.0% over the next five years.
Report Highlights
The U.S. market for indoor air quality (IAQ) was valued at nearly $7 billion in 2011 and is projected to reach nearly $7.3 billion in 2012, and nearly $9.2 billion in 2017, a five-year compound annual growth rate (CAGR) of 4.6%.
Report Highlights
- Sales in the U.S. Indoor Air Quality market amounted to $7.7 billion in 2008, but were expected to decrease to less than $7.1 billion in 2009 due to the global recession. The market is projected to rebound, however, to reach $8.5 billion in 2014, for a 5-year compound annual growth rate (CAGR) of 3.5%.
- The equipment market was worth $3.6 billion in 2008. This is expected to decrease to $3.3 billion in 2009 but increase to nearly $4 billion in 2014, for a 5-year CAGR of 3.6%.
- The consulting/testing services segment was worth $2 billion in 2008. That is projected to decline to $1.7 billion in 2009, but to grow at a CAGR of 4.6% to nearly $2.2 billion in 2014.
Report Highlights
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The indoor air quality (IAQ) equipment market was valued at $3.6 billion in 2005 and is expected to reach $10.4 billion by 2011, a 5.2% average annual growth rate (AAGR) over the next 5-year period.
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Consulting and testing services were valued at $1.5 billion in 2005 and should reach $2.7 billion by 2011 based on a 10% AAGR over the next 5-year period. Environmental services, including mold remediation, asbestos abatement, and radon mitigation, were valued at $1.6 billion in 2005 and, based on an AAGR of 9.5%, should reach $2.9 billion by 2011.
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Currently, the end-use markets with the biggest potential for applications of IAQ equipment and services include residential dwellings, commercial buildings, schools, and health care facilities. The commercial segment was the largest market for IAQ equipment and services, accounting for 26% of the market in 2005, followed by schools (22%), residences (19%), and health care facilities (17%).
Report Highlights
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The overall U.S. indoor air quality market (IAQ) was $5.6 billion in 2003 and is expected to rise at an average annual growth rate (AAGR) of 11% to $9.4 billion by 2008.
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to reach $4.6 billion by 2008 based on an AAGR of 7%.
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rising at an AAGR of 8%, should reach $1.4 billion by 2008.
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remediation, asbestos abatement, and radon mitigation. This segment will rise at an AAGR of 21% to reach $3.4 billion by 2008.
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