Authored By: Sarah
31 Oct 2022

North America Indoor Air Quality Solutions Market Analysis 2020-2024: 82% of the Growth Rate will Develop From the US

The indoor air quality solutions market share in North America is expected to grow by USD 1.74 billion, accelerating at a CAGR of 4% during the forecast period. The market is fragmented due to the presence of several players. 3M Co., Aeroqual Ltd., Camfil AB, Daikin Industries Ltd., Ingersoll Rand Inc., Lennox International Inc., Panasonic Corp., Raytheon Technologies Corp., Trion IAQ, TSI Inc. are some of the major indoor air quality solutions market vendors in North America. 

The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking.

North America Indoor Air Quality Solutions Market Analysis 2020-2024: 82% of the Growth Rate will Develop From the US 


Indoor Air Quality Solutions Market Analysis in North America: View the Free Sample Report


Indoor Air Quality Solutions Market In North America: US to lead market growth during the forecast period

The indoor air quality solutions market in North America is segmented by product (equipment and services), end-user (commercial and residential), and geography (US, Canada, and Mexico). 82% of the market growth will originate from the US during the forecast period. The US will offer several growth opportunities to market vendors during the forecast period. 

Indoor Air Quality Solutions Market In North America: Market Dynamics

The indoor air quality solutions market growth in North America is driven by the factors such as increased concerns over indoor air quality, rising demand for low-cost indoor air quality solutions, and increased popularity of green buildings. In addition, the increased popularity of green buildings is the major indoor air quality solutions market trend in North America which will positively influence the market growth. However, hindering factors such as the long product lifecycle, lack of awareness about the need for replacements, an increase in R&D investments, and a decline in profit margins may impede the market growth.

Download the Free PDF sample report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the market growth. 

Indoor Air Quality Solutions Market In North America: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive the indoor air quality solutions market growth in North America during the next five years
  • Precise estimation of the indoor air quality solutions market size in North America and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the indoor air quality solutions industry in North America across the US, Canada, and Mexico
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of the indoor air quality solutions market vendors in North America
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