Global Radon Detector Markets, 2021-2028: Increasing Importance and Awareness of Indoor Air Quality & Positive Impact of Radon Related Codes and Standards - ResearchAndMarkets.com

Global Radon Detector Markets, 2021-2028: Increasing Importance and Awareness of Indoor Air Quality & Positive Impact of Radon Related Codes and Standards

Feb 07, 2022 by Business Wire Energy News

Key Facts

  • “Radon Detector Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type and Application” > > Tweet this The global radon detector market was valued at US$ 514.88 million in 2019 and is anticipated to reach US$ 877.68 million by 2027; it is expected to grow at a CAGR of 6.89% from 2019 to 2027.

  • Presently, majority of revenue share in the global radon detectors market is contributed by developed regions such as North America and Europe owing to high awareness among end users and supportive government and industrial regulations related to radon detection in these regions.
  • However, the low penetration of radon detector solutions in developing countries of Asia Pacific is anticipated to offer lucrative growth opportunities for market players in the coming years.
  • Huge population growth, growing urbanization and industrialization, rising disposable income, increasing awareness of health, and surging adoption of smart connected devices are expected to boost the growth of radon detectors market in APAC during the forecast period.

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