Table of Content
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Market Dynamics and Growth
Segmental Analysis
Regional Insights and Emerging Markets
Conclusion
Chapter 2 Market Overview
Market Overview and Future Scenarios
Supply Chain Analysis
Raw Material Suppliers
Component Providers
Technology and Systems Integrators
IAQ Manufacturers
End Users
Porter’s Five Forces Analysis for the U.S. IAQ Market
Bargaining Power of Buyers
Bargaining Power of Suppliers
Potential for New Entrants to the Market
Competition in the Industry
Threat of Substitutes
Macro-Economic Factors Analysis
U.S. Per Capita Spending on Health
U.S. Gross Domestic Product
Growing Investment in the Construction Sector
Regulatory Outlook
Clean Air Act
Building Codes and Certifications
Recent Developments in Regulatory Framework
Prospects in Regulations
Case Studies for IAQ Projects in the U.S.
City of Oviedo Healthy Buildings
Richmond School District, Wisconsin
Chapter 3 Market Dynamics
Overview
Market Drivers
Supportive Government Regulations for IAQ
Consumer Awareness of the need for IAQ Products
Increase in Indoor Air Pollution
Market Restraints
Initial Cost of IAQ Products
Lack of Standardization
Market Opportunities
Technological Developments in IAQ Products
Expansion of the Industrial Sector
Market Trends
Smart Technologies for Monitoring IAQ
Supportive Investments and Program Grants
Short- and Long-Term Impacts of Market Dynamics
Chapter 4 Emerging Technologies and Developments
Overview
Emerging Technologies/Applications
Home Automation for Improving Air Quality
Advances in Air Purification Technologies
Integration of IoT in IAQ Products
Integration of AI and ML
Patent Analysis
Overview
Key Patents
Takeaways
Chapter 5 Market Segmentation Analysis
Segmentation Breakdown
Takeaways
U.S. IAQ Market, by Type
Equipment
Services
U.S. IAQ Market, by Product Type
Takeaways
Air Purifiers
Humidifiers
Ventilation Systems
Air Filters
Dehumidifiers
Ultraviolet Lamps
Carbon Monoxide Alarms
U.S. IAQ Market, by End-Use Industry
Takeaways
Residential
Commercial
Industrial
Others
Geographic Breakdown
Takeaways
U.S. IAQ Market, by Region
South
West
Midwest
Northeast
Chapter 6 Competitive Intelligence
Overview
Market Share Analysis
Company Strategy and Product Portfolio Matrix
Product Mapping Analysis
Strategy and Financial Performance Analysis
Recent Developments
Chapter 7 Sustainability in the U.S. IAQ Market: An ESG Perspective
Overview
Environmental Impact
Social Impact
Governance Impact
Status of ESG in the U.S. IAQ Industry
Case Study: Examples of Successful Implementation of ESG
Honeywell International Inc.
Johnson Controls
Carrier
Consumer Attitudes Towards ESG
Chapter 8 Appendix
Methodology
Research Steps
References
Abbreviations
Company Profiles
APRILAIRE
BEYOND BY AERUS
BLUEAIR
CAMFIL
CARRIER
DAIKIN INDUSTRIES LTD.
HONEYWELL INTERNATIONAL INC.
JOHNSON CONTROLS
LENNOX INTERNATIONAL INC.
MANN+HUMMEL
PANASONIC CORP.
RECTORSEAL
RGF ENVIRONMENTAL GROUP INC.
RHEEM MANUFACTURING CO.
TRANE TECHNOLOGIES PLC.
Small and Emerging Players in the U.S. Indoor Air Quality Market
List of Figures
List of Figures
Summary Figure A : Share of U.S. IAQ Market, by Region, 2023
Summary Figure B : Share of U.S. IAQ Market Volume, by Region, 2023
Figure 1 : Supply Chain for the U.S. IAQ Market
Figure 2 : Porter’s Five Forces Model for the U.S. IAQ Market
Figure 3 : Growth in Health Expenditures Compared to Per Capita Spending in the U.S., 2021–2023
Figure 4 : Trends in Average Annual Consumer Expenditures Compared to GDP Growth in the U.S., 2020–2023
Figure 5 : U.S. Indoor Air Quality Market Dynamics
Figure 6 : PM2.5 Concentrations in Major U.S. Cities, 2022 and 2023
Figure 7 : Share of Patents in the U.S. IAQ Market, by Leading Manufacturers, 2023
Figure 8 : Share of U.S. IAQ Market, by Type, 2023
Figure 9 : Share of U.S. IAQ Market Volume, by Type, 2023
Figure 10 : Share of U.S. IAQ Market, by Product Type, 2023
Figure 11 : Share of U.S. IAQ Market Volume, by Product Type, 2023
Figure 12 : Share of U.S. IAQ Market, by End-Use Industry, 2023
Figure 13 : Share of U.S. IAQ Market Volume, by End-Use Industry, 2023
Figure 14 : Share of U.S. IAQ Market, by Region, 2023
Figure 15 : Share of U.S. IAQ Market Volume, by Region, 2023
Figure 16 : Wildland Fires in Three Southern States, 2022 and 2023
Figure 17 : Share of the U.S. IAQ Market, by Company, 2023
Figure 18 : Strategy and Financial Performance Analysis, U.S. IAQ Market, 2023
Figure 19 : Carrier: Revenue Share, by Business Unit, FY 2023
Figure 20 : Carrier: Revenue Share, by Country/Region, FY 2023
Figure 21 : Daikin Industries Ltd.: Revenue Share, by Business Unit, FY 2023
Figure 22 : Daikin Industries Ltd.: Revenue Share, by Country/Region, FY 2023
Figure 23 : Honeywell International Inc.: Revenue Share, by Business Unit, FY 2023
Figure 24 : Honeywell International Inc.: Revenue Share, by Country/Region, FY 2023
Figure 25 : Johnson Controls: Revenue Share, by Business Unit, FY 2024
Figure 26 : Johnson Controls: Revenue Share, by Country/Region, FY 2024
Figure 27 : Lennox International Inc.: Revenue Share, by Business Unit, FY 2023
Figure 28 : Lennox International Inc.: Revenue Share, by Country/Region, FY 2023
Figure 29 : Mann+Hummel: Revenue Share, by Business Unit, FY 2023
Figure 30 : Mann+Hummel: Revenue Share, by Country/Region, FY 2023
Figure 31 : Panasonic Corp.: Revenue Share, by Business Unit, FY 2023
Figure 32 : Panasonic Corp.: Revenue Share, by Country/Region, FY 2023
Figure 33 : Trane Technologies Plc.: Revenue Share, by Business Unit, FY 2023
Figure 34 : Trane Technologies Plc.: Revenue Share, by Country/Region, FY 2023
List of Tables
List of Tables
Summary Table A : U.S. IAQ Market, by Region, Through 2029
Summary Table B : U.S. IAQ Market Volume, by Region, Through 2029
Table 1 : Recent Developments in Regulatory Frameworks, February 2023–April 2024
Table 2 : Impact of Market Drivers
Table 3 : Impact of Market Opportunities
Table 4 : Impact of Market Restraints
Table 5 : Active Patents for IAQ Products, January 2023–December 2024
Table 6 : Active Patents for IAQ Products in the U.S., 2023 and 2024
Table 7 : U.S. IAQ Market, by Type, Through 2029
Table 8 : U.S. IAQ Market Volume, by Type, Through 2029
Table 9 : U.S. IAQ Market, by Product Type, Through 2029
Table 10 : U.S. IAQ Market Volume, by Product Type, Through 2029
Table 11 : U.S. IAQ Market, by End-Use Industry, Through 2029
Table 12 : U.S. IAQ Market Volume, by End-Use Industry, Through 2029
Table 13 : U.S. IAQ Market, by Region, Through 2029
Table 14 : U.S. IAQ Market Volume, by Region, Through 2029
Table 15 : Company Strategies and Product Portfolios in the U.S. IAQ Market, 2023
Table 16 : Product Mapping Analysis of U.S. IAQ Market, by Product Type, 2023
Table 17 : Product Introductions in the U.S. IAQ Market, 2022–2024
Table 18 : Recent Developments in the U.S. IAQ Market, 2024
Table 19 : ESG Risk Ratings, by Company, 2024
Table 20 : Sustainability Performance, by Johnson Controls in 2023
Table 21 : Abbreviations Used in the Report
Table 22 : AprilAire: Company Snapshot
Table 23 : AprilAire: Product Portfolio
Table 24 : AprilAire: News/Key Developments, 2023 and 2024
Table 25 : Beyond by Aerus: Company Snapshot
Table 26 : Beyond by Aerus: Product Portfolio
Table 27 : Blueair: Company Snapshot
Table 28 : Blueair: Product Portfolio
Table 29 : Camfil: Company Snapshot
Table 30 : Camfil: Product Portfolio
Table 31 : Camfil: News/Key Developments, 2024
Table 32 : Carrier: Company Snapshot
Table 33 : Carrier: Financial Performance, FY 2022 and 2023
Table 34 : Carrier: Product Portfolio
Table 35 : Daikin Industries Ltd.: Company Snapshot
Table 36 : Daikin Industries Ltd.: Financial Performance, FY 2022 and 2023
Table 37 : Daikin Industries Ltd.: Product Portfolio
Table 38 : Daikin Industries Ltd.: News/Key Developments, 2023
Table 39 : Honeywell International Inc.: Company Snapshot
Table 40 : Honeywell International Inc.: Financial Performance, FY 2022 and 2023
Table 41 : Honeywell International Inc.: Product Portfolio
Table 42 : Honeywell International Inc.: News/Key Developments, 2022
Table 43 : Johnson Controls: Company Snapshot
Table 44 : Johnson Controls: Financial Performance, FY 2023 and 2024
Table 45 : Johnson Controls: Product Portfolio
Table 46 : Johnson Controls: News/Key Developments, 2022
Table 47 : Lennox International Inc.: Company Snapshot
Table 48 : Lennox International Inc.: Financial Performance, FY 2022 and 2023
Table 49 : Lennox International Inc.: Product Portfolio
Table 50 : Lennox International Inc.: News/Key Developments, 2023
Table 51 : Mann+Hummel: Company Snapshot
Table 52 : Mann+Hummel: Financial Performance, FY 2022 and 2023
Table 53 : Mann+Hummel: Product Portfolio
Table 54 : Mann+Hummel: News/Key Developments, 2023
Table 55 : Panasonic Corp.: Company Snapshot
Table 56 : Panasonic Corp.: Financial Performance, FY 2022 and 2023
Table 57 : Panasonic Corp.: Product Portfolio
Table 58 : RectorSeal: Company Snapshot
Table 59 : RectorSeal: Product Portfolio
Table 60 : RGF Environmental Group Inc.: Company Snapshot
Table 61 : RGF Environmental Group Inc.: Product Portfolio
Table 62 : RGF Environmental Group Inc.: News/Key Developments, 2024
Table 63 : Rheem Manufacturing Co.: Company Snapshot
Table 64 : Rheem Manufacturing Co.: Product Portfolio
Table 65 : Trane Technologies Plc.: Company Snapshot
Table 66 : Trane Technologies Plc.: Financial Performance, FY 2022 and 2023
Table 67 : Trane Technologies Plc.: Product Portfolio
Table 68 : Small and Emerging Players in the U.S. Indoor Air Quality Market