In the 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 is characterized by the presence of countries such as the US and Canada, where the adoption of redon detectors is quite high owing to the huge presence of key solution providers and high awareness of harmful effects of radon levels. Thus, any impact on the economic growth of the region will impact the growth of the market in a negative manner. At present, the US is the world’s worst affected country due to COVID-19 outbreak. Due to COVID-19 outbreak, there is a decline in company sales and marketing activities, product launches, temporary shutdown of businesses, and disruptions in supply chain and manufacturing activities in the past year. All these factors have negatively impacted the growth of the radon detectors market. However, through ongoing restructuring efforts taken by companies to tackle the supply chain issues and to increase coordination with sales partners may help in reducing the negative impact to some extent.
Based on application, the commercial segment led the radon detectors market in 2019. Radon detectors can be deployed in various places, such as schools, daycare centers, healthcare facilities, and private & government offices. Apart from residential buildings, offices and schools have also found high radon levels. Commercial buildings are also equipped with radon detectors to test the harmful gas at least one time a year for the personal safety of employees and students. The International Atomic Energy Agency and the International Labour Office have approved the significance of controlling radon exposure in workplaces, such as waterworks, caves, underground stores and shopping centers, spas, factories, shops, public offices, and buildings, which is ultimately driving the growth of the radon detectors Market.
The overall North America radon detectors market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the North America radon detectors market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America Radon Detectors Market. Airthings; Bertin Instruments; BEK Brands, Inc; Durridge; Family Safety Products, Inc; PRO-LAB; Radiation Safety Services, Inc; Radonova; SunRADON LLC; and Quarta-Rad Inc are among the leading companies in the North America radon detectors market.
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- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Radon Detectors Market.
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- The key findings and recommendations highlight crucial progressive industry trends in the North America Radon Detectors Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the Radon Detectors Market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
Companies Mentioned
- Airthings
- Bertin Instruments
- BEK Brands, Inc
- Durridge
- Family Safety Products, Inc
- PRO-LAB
- Radiation Safety Services, Inc
- Radonova
- SunRADON LLC
- Quarta-Rad Inc
Table Information
Report Attribute | Details |
---|---|
Published | May 2021 |
Forecast Period | 2019 - 2027 |
Estimated Market Value ( USD | $ 225.49 Million |
Forecasted Market Value ( USD | $ 416 Million |
Compound Annual Growth Rate | 8.2% |
Regions Covered | North America |
No. of Companies Mentioned | 10 |