The US indoor air quality market was valued at nearly $7 billion in 2011 and is projected to reach nearly $7.3 billion by the end of 2012, and approximately $9.2 billion in 2017, posting a five-year compound annual growth rate (CAGR) of 4.6%.
Over the past few years the US indoor air quality market has been on the receiving end of new interest and closer attention due to the health effects of toxic mold, the outbreak of infectious diseases such as swine flu and the increase in chronic respiratory diseases such as asthma.
Over the same time period, the recession and the subsequent overall weakness of the US economy have had a negative impact on the market for indoor air quality equipment and services.
The equipment segment is expected to account for $3.7 billion in 2012 and $4.7 billion in 2017, growing at a CAGR of 4.8%.
Currently, the markets with the biggest potential for applications of indoor air quality equipment and services include residential dwellings, commercial buildings, schools, and health care facilities.
The environmental services segment should be worth $1.9 billion in 2012 and nearly $2.4 billion in 2017, growing at a CAGR of 4.4%.
For more information on the US indoor air quality market, see the latest research: US Indoor Air Quality Market Report
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