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U.S. Indoor Air Quality Market


News provided by

Reportlinker

Sep 22, 2016, 05:57 ET

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NEW YORK, Sept. 22, 2016 /PRNewswire/ --

Use this report to:
- Understand recent trends and information related to the overall air quality (IAQ) market in the U.S.
- Assess the size of the overall IAQ market and its subcategories, such as IAQ equipment and technologies, IAQ consulting services and environmental services.
- Gain insight into indoor air contaminants including mold and other biological contaminants, allergens, airborne pollutants and radon.

Highlights
- The indoor air quality (IAQ) 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.
- The IAQ equipment market totaled $4.0 billion in 2015, and should total nearly $4.3 billion in 2016 and exceed $5.9 billion in 2021, at a CAGR of 6.9% from 2016 to 2021.
- The IAQ market for environmental services totaled $1.8 billion in 2015, and should total $1.9 billion in 2016 and nearly $2.6 billion in 2021, increasing at a CAGR of 6.1% from 2016 to 2021.

Introduction & Scope

INTRODUCTION

STUDY BACKGROUND
This BCC Research market report is an update of a previous one published in 2014. Since then, continuing media attention focused on the health effects of toxic mold, infectious and chronic respiratory diseases such as asthma have resulted in a new interest in, and closer attention to, indoor air quality (IAQ) in homes, commercial buildings, schools and hospitals. Meanwhile, the U.S. economy has continued to recover from the 2008-2009 recession, boosting the market for IAQ equipment and services. Over the period covered by this report, building owners and operators are expected to purchase growing quantities of IAQ-related equipment and services with the aim of reducing or eliminating these contaminants from their buildings.

STUDY GOALS AND OBJECTIVES
The goal of this study is to provide an understanding of recent trends in the IAQ industry and their impact on various market segments. Specifically, this report
attempts to determine the size of the overall IAQ market and its subcategories, such as IAQ equipment and technologies, IAQ consulting services and environmental services. The report also defines and outlines the end-use market segments and settings that are expected to absorb most of the IAQ equipment and services. In addition, it discusses the indoor air contaminants that are of highest concern in these end-use markets, including mold and other biological contaminants, allergens, airborne pollutants and radon.

CONTRIBUTION OF THE STUDY AND INTENDED AUDIENCE
The author of this report aims to provide insights into three main areas:
- The overall size of the IAQ market and growth forecast.
- The reasons leading to the lowest- and highest-performing subcategories of the industry.
- Which settings and end-use markets hold the greatest potential for future growth of various types.

The author discusses many aspects of the IAQ market in order to develop an overall snapshot of the sector. Along with the equipment, technologies, instrumentation and environmental services market, this report also details the contaminants of highest concern, recent research concerning these contaminants, as well as regulations and guidelines related to these contaminants, and the ventilation or systems needed to remove them from the indoor environment. The report also discusses the settings and end-use markets of interest, including homes, commercial buildings, schools and hospitals, as well as the reasons why IAQ is of great concern in each setting. Also, the report delves into contaminants specific to each setting and equipment or methods that might alleviate the specific problems.

For this reason, this study should be of interest to many readers, including manufacturers of IAQ equipment such as air cleaners and purifiers, ventilation systems,
heating ventilation and air-conditioning (HVAC) systems, and replacement filters. IAQ consultants and testing agencies, mold remediators, asbestos abatement contractors and radon mitigation service providers should also find it useful. Finally, this report should be of interest to building owners and operators who are concerned about their indoor environments and would like to learn about methods of control and emerging technologies designed to solve specific problems.

SCOPE AND FORMAT
This report is confined to covering IAQ issues at residential homes, commercial buildings and light industrial properties, schools and hospitals. It does not discuss IAQ issues relevant to heavy industry and manufacturing environments, nor does it cover IAQ issues, practices, equipment and regulations concerning confined spaces or aircraft. However, it does discuss the equipment and services that are most relevant to private homes, office buildings and retail establishments, schools and health care facilities in great detail. The equipment covered includes air cleaners, HVAC equipment, HVAC replacement filters and IAQ instrumentation. Environmental services, such as consulting and remediation and recovery, are also specifically noted. The report first covers trends and information related to the overall IAQ market. It then discusses the equipment subcategory of the industry and breaks that down into sections on each type of equipment. Next, it covers the consulting and testing industry subcategory and then the environmental services industry subcategory. Under each subcategory, technologies, trends, market value and growth are discussed. From there, the report covers the end-use markets including residential dwellings, commercial buildings, schools and hospitals. Each setting is discussed in detail, including specific contaminants, problems and solutions, as well as the types of equipment and services appropriate to each.

METHODOLOGY
The author first reviewed extensive secondary sources on the general topic of IAQ on equipment such as air cleaners, HVAC replacement filters and HVAC systems, as well as IAQ instrumentation on environmental services and on the settings in which these services and products are used. This information was supplemented with primary research, including extensive first-person interviews with industry experts; consultants; manufacturers of equipment; service providers; government officials; trade and professional associations; and personnel from public health, environmental and regulatory agencies.
Based on information obtained from these sources, the author determined the size of the overall IAQ market through research that included first-person interviews and secondary sources of information. Through these same avenues, the author broke down the overall market into distinct subcategories and determined the size and growth potential for each category and environmental service. The author then determined which settings were most in need of IAQ equipment and services, as well as how much of these items each setting might absorb. The potential market for IAQ products and services for each setting was based on the number of buildings in each category and the number of these establishments potentially affected by IAQ problems.
Read the full report: http://www.reportlinker.com/p0958093-summary/view-report.html

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

http://www.reportlinker.com


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