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)

Code: TIPRE00022073 | Pages: 74 | Industry: Electronics and Semiconductor | Date: May 2021 | Type: Regional

Market Introduction

The US, Canada, and Mexico are the major economies considered in the report. Countries, including the US and Canada, that invest significantly in integration of advanced technology in several industries. This, in turn, is leading to a highly competitive market in the region. The residential radon exposure in the region varies by new environmental design, occupant behavior, and season. In North America, residential buildings are radon-tested with various approaches coupled to seasonal, and behavioral data with quality controls. The modern North American Prairie residential environment highlights worsening radon exposure. Radon comes from decomposing uranium in rocks. In the US, it is measured in picocuries per liter (pCi/L), and in Canada, it is measured in Becquerels per square meter (Bq/m3), and the average outdoor level is 5–15 Bq/m3 or 0.135–0.405 pCi/L.

Lung cancer is the sixth major cause of deaths and the leading cause of cancer deaths. Radon gas is the main cause of lung cancer in nonsmokers and the second leading cause in smokers. The US EPA stated that in the US, one out of every 15 homes had raised radon levels.

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.

Major companies in the market are highly inclined to adopt market strategies to expand their business and gain more customers. New product development strategies help companies to stay competitive in the market. For instance, in December 2020, Ecosense, a US-based company, launched a radon monitoring solution—EcoQube. The solution uses the company’s patented ion chamber radon detection technology that offers radon measurement sensitivity. The product is equipped with Wi-Fi and it allows advanced Internet of Things (IoT) communications that provide precise, real-time, and affordable home radon monitoring solution. Factors mentioned above are propelling the growth of the radon detectors market in the region. Thus, the growth in the sector is expected to create a significant demand for North America Radon Detectors in the coming years, which is further anticipated to drive the North America Radon Detectors market.


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Market Overview and Dynamics

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. Increasing importance and awareness of indoor air quality with a large number of people spending most of their time indoors either in homes or in workplaces, the importance of indoor air quality has been growing at an impressive pace to ensure optimum living conditions and to avoid any health related ailments due to pollutants/harmful gases present indoors. Exposure to various indoor pollutants such as radon, mold, pressed wood products, secondhand smoke, and other such substances may lead to severe health issues, such as lung cancer and asthma among people. Owing to this, indoor air quality has become an important concern among individual customers and business owners. The deficient indoor air quality (IAQ) may negatively impacts the productivity, cognitive function, health, and well-being of the occupants in absence of regular testing, measurement, mitigation of these pollutants and harmful substances. Radon is one such radioactive gas that can accumulate in homes and commercial building 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. This is bolstering the growth of the radon detectors market.

Key Market Segments

The market for radon detectors market is segmented into type, application, and country. Based on type, the market is segmented into long-term and short-term. In 2019, the long-term segment held the largest share North America radon detectors market. Based on application the radon detectors market is divided into residential, commercial, and others. Commercial is expected to the fastest growing segment over the forecast period.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the radon detectors market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Some of the major companies listed in the report are Airthings, Bertin Instruments, BEK Brands, Inc, Durridge, Family Safety Products, Inc, PRO-LAB, Radiation Safety Services, Inc, Radonova, SunRADON LLC, and Quarta-Rad Inc.

Reasons to buy report

  • To understand the North America radon detectors market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America radon detectors market
  • Efficiently plan M&A and partnership deals in North America radon detectors market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America radon detectors market
  • Obtain market revenue forecast for market by various segments from 2020-2027 in North America region.

NORTH AMERICA RADON DETECTORS MARKET SEGMENTATION

North America Radon Detectors Market – By Type

  • Long-term
  • Short-term

 

North America Radon Detectors Market – By Application

  • Residential
  • Commercial
  • Others

 

North America Radon Detectors Market – By Country

  • US
  • Canada
  • Mexico

Company Profiles

  • Airthings
  • Bertin Instruments
  • BEK Brands, Inc
  • Durridge
  • Family Safety Products, Inc
  • PRO-LAB
  • Radiation Safety Services, Inc
  • Radonova
  • SunRADON LLC
  • Quarta-Rad Inc
 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        North America Radon Detectors Market – By Type

1.3.2        North America Radon Detectors Market – By Application

1.3.3        North America Radon Detectors Market- By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Radon Detectors Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        North America

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           North America 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 Owing to Automation and Digitalization

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 – North America Analysis

6.1         Radon Detectors Market North America Overview

6.2         Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)

7.           North America Radon Detectors Market Analysis – By Type

7.1         Overview

7.2         North America Radon Detectors Market Breakdown, by Type, 2019 & 2027

7.3         Long-Term

7.3.1        Overview

7.3.2        Long-Term: North America Radon Detectors Market –Revenue and Forecast to 2027 (US$ Million)

7.4         Short-Term

7.4.1        Overview

7.4.2        Short-Term: North America Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)

8.           North America Radon Detectors Market Analysis – By Application

8.1         Overview

8.2         North America Radon Detectors Market Breakdown, by Application, 2019 & 2027

8.3         Residential

8.3.1        Overview

8.3.2        Residential: North America Radon Detectors Market –Revenue and Forecast to 2027 (US$ Million)

8.4         Commercial

8.4.1        Overview

8.4.2        Commercial: North America Radon Detectors Market –Revenue and Forecast to 2027 (US$ Million)

8.5         Other Applications

8.5.1        Overview

8.5.2        Other Applications: North America Radon Detectors Market –Revenue and Forecast to 2027 (US$ Million)

9.           North America Radon Detectors Market – Country Analysis

9.1         Overview

9.1.1        North America: Radon Detectors Market, by Key Country

9.1.1.1          US: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.1.1          US: Radon Detectors Market, by Type

9.1.1.1.2          US: Radon Detectors Market, by Application

9.1.1.2          Canada: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.2.1          Canada: Radon Detectors Market, by Type

9.1.1.2.2          Canada: Radon Detectors Market, by Application

9.1.1.3          Mexico: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.3.1          Mexico: Radon Detectors Market, by Type

9.1.1.3.2          Mexico: Radon Detectors Market, by Application

10.        North America Radon Detectors Market- COVID-19 Impact Analysis

10.1      Overview

11.        North America 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.             US: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)

Table 3.             US: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 4.             Canada: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)

Table 5.             Canada: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 6.             Mexico: Radon Detectors Market, by Type –Revenue and Forecast to 2027 (US$ Million)

Table 7.             Mexico: Radon Detectors Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 8.             List of Abbreviation

LIST OF FIGURES

Figure 1.           North America Radon Detectors Market Segmentation

Figure 2.           North America Radon Detectors Market Segmentation – By Country

Figure 3.           North America 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.           US Held the Largest Market Share in 2019

Figure 7.           North America – PEST Analysis

Figure 8.           Ecosystem Analysis

Figure 9.           Expert Opinion

Figure 10.        Radon Detectors Market Impact Analysis of Drivers and Restraints

Figure 11.        North America Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)

Figure 12.        North America Radon Detectors Market Breakdown, by Type (2019 and 2027)

Figure 13.        Long-Term: North America Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14.        Short-Term: North America Radon Detectors Market –Revenue and Forecast to 2027 (US$ Million)

Figure 15.        North America Radon Detectors Market Breakdown, by Application (2019 and 2027)

Figure 16.        Residential: North America Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17.        Commercial: North America Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18.        Other Applications: North America Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19.        North America: Radon Detectors Market Revenue By Key Country

Figure 20.        North America: Radon Detectors Market Revenue Share, By Key Country (2019 and 2027)

Figure 21.        US: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        Canada: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23.        Mexico: Radon Detectors Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.           Impact of COVID-19 Pandemic in North American Country Markets

 

  1. Airthings
  2. Bertin Instruments
  3. BEK Brands, Inc
  4. Durridge
  5. Family Safety Products, Inc
  6. PRO-LAB
  7. Radiation Safety Services, Inc
  8. Radonova
  9. SunRADON LLC
  10. Quarta-Rad Inc
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