Market Research Report
North America Air Quality Control Systems Market Forecast 2019-2028
|Published by||Inkwood Research||Product code||952501|
|Published||Content info||163 Pages
Delivery time: 2-3 business days
|North America Air Quality Control Systems Market Forecast 2019-2028|
|Published: August 3, 2020||Content info: 163 Pages||
The North America air quality control systems market is evaluated to record a CAGR of 4.00%, across the forecast years of 2019 to 2028. Rising levels of air pollution with subsequent economic consequences, and stringent government regulations are attributed to the market's growth.
The North America air quality control systems market growth is analyzed through the United States and Canada. Air pollution in Canada is linked to nearly 14,400 deaths, yearly. Additionally, the health hazards of elements like, PM2.5 and ground-level O3, inflict economic expenses due to lack of productivity, decreased quality of life, increased need for medical care and attention, and high risks of premature deaths. These factors cost Canadians, and the country's economy over billions of dollars, every year.
Moreover, releasing pollutants into the atmosphere is subject to numerous regulations, that are developed and implemented under the authority of the Canadian Environmental Protection Act, 1999. These statutes strive to curtail the annual levels of contaminants emitted into the environment. Likewise, the government's Federal Sustainable Development Strategy is among the primary channels for sustainable development planning and reporting. The initiative establishes national sustainable priorities, goals, and targets and identifies the strategies to achieve them. For instance, the 2019 to 2022 Strategy compiles the government's collaborative arrangements and actions, towards sustainability. The plan would also include alliances with international partners to tackle air pollution, which further propels the region's market growth.
Babcock Wilcox Enterprises Inc, John Wood Group Plc, Thermax Ltd, Hamon Group, General Electric Company, etc., are some of the distinguished companies in the market.