Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Research Reports

Air Purification Market Analysis by Size 2021 | Product Types and Application, Demand, Growth Factors, Revenues, Market Trends, Expansion Plans and Forecast to 2027

“Global Air Purification Market is valued at USD 8.09 billion in 2019 and expected to reach USD 16.87 billion by 2025 with the CAGR of 13.02% over the forecast period”Increasing

Published : , on

Global Air Purification Market is valued at USD 8.09 billion in 2019 and expected to reach USD 16.87 billion by 2025 with the CAGR of 13.02% over the forecast period”

Increasing level of air pollution, growing instances of respiratory diseases caused by air-borne particles, rising awareness about the spiking germ content in home atmosphere and a growing expenditure capacity of people are the major factors for driving the growth of Global Air Purification Market.

Get Sample Report:@ https://brandessenceresearch.com/requestSample/PostId/928

Scope of Global Air Purification Market Report-

Air quality productsfall into a category, including humidifiers, air purifiers, and dehumidifiers for household and personal use. These products are manufactured to change the quality of indoor air pollutants. They are usually small, so they can be moved efficiently, require installation and a little maintenance. These devices are generally sold in a way that benefits allergy sufferers and asthma patients and that reduces or eliminates second-hand tobacco smoke. Commercial grade air purifiers can be transformed into small independent units or larger units, which can be attached to air handling units (AHU) or HVAC units in the various different industries. These can also be used to remove impurities from the air before treatment. As consumer interest and awareness in improving air quality increases, manufacturers and businesses will have the opportunity to position air quality items as essential products. Currently, manufacturers are creating new ideas in the area of items that do not leave harmful pollutants (like harmful ozone). One and most important of them is High Efficiency Particulate Air (HEPA) Purifiers which do not leave noxious ozone in the air.

HEPA air purification technology removes approximately 99.97% of pollutants crossing via it. The boom in the automotive industry has increased demand for gasoline or diesel particulate filters, which has subsequently increased global demand for industrial exhaust filters or dust collectors and air purifiers.Air purification systems are widely used in industrial and residential areas. As the level of industrialization increases, consumer awareness of air purifiers continues to increase, and urban pollution becomes increasingly severe, which also increases the demand for residential air purification systems

Global Air Purification Market is segmented on the basis of technology, type, deployment and application. On the basis of technology, the market is segmented into HEPA, ionic filters, electrostatic precipitators, ozone detectors, cartridge and baghouse filters. On the basis of type, market is segmented into fumes collector, smog and dust collector, vehicle exhaust and others. On the basis of connection deployment, the market is segmented into Wi-fi, manual and Bluetooth. On the basis of application, the market is segmented into commercial, residential, automotive and industrial.

The global air purification systems market has been segmented on the basis of product into the Dust Collectors, Fume and Smoke Collectors, Vehicle Exhaust, Mist Eliminators and the Fire and Emergency Exhaust. In terms of Technology the market has been segmented into the Electrostatic Precipitators, HEPA, Activated Carbon, UV light filter and Ionic Filters. In terms of End use, the segmentation is in the commercial, residential and industrial.

Air Purification Companies:

  • Honeywell International Inc.
  • Blueair
  • Kent RO systems Ltd.
  • Philips Ltd.
  • Samsung Electronics
  • Eureka Forbes
  • IQ Air
  • Panasonic Corp.
  • Daikin Industries Ltd.

The global air purification systems market has been seeing a significant amount of growth in the last few years and is expected to see further growth in the coming years. The growth is attributed to the use of the air purification system in the countries where the pollution is really high and there is a rise in the concerns regarding the IAQ or the indoor air quality. This is because the population levels are rising and the quality of air is depleting. The global air purification systems market works on the success of the air purification devices and they are utilized majorly for the removal of pollutants and contaminants in the indoor spaces which include the residential, commercial and the residential spaces. The systems have been specialized for the elimination of the allergens such as mold spores, pet dander, pollens and the dust particles in addition to the smoke particles and this is something that is going to stimulate the demand for the product. The high costs of installation though is one factor which is pulling the growth back.

Global Air Purification Market Dynamics-

Increasing level of air pollution owing to heavy industrialisation, , growing instances of respiratory diseases caused by air-borne particles, rapid urban construction adding to a degrading quality of air, rising awareness about the spiking germ content in home atmosphere and its adverse impact on health along with a growing expenditure capacity of people are the major factors for driving the growth of Global Air Purification Market. Based on the data by Forum of International Respiratory Societies as published by WHO, a whopping number of 65 million people suffer from chronic obstructive pulmonary disease (COPD), leading to an annual death count of around 3 million.

Elaborating over pollution statistics, WHO in its Climate & Clean Air Pollution platform, revealed that 9 out of 10 people breathe unclean and polluted air worldwide, causing 7 million deaths every year, by an exposure to unseen harmful air-borne particles. Moreover, a surge in expenditure capacity of people fuelling better living standards in urban areas is another major factor for driving the market growth of air purifiers.

However, lack of awareness about air-borne diseases, deficit of technological expertise and knowledge of technicality of air purifiers in semi-urban and rural areas along with high installation and purchasing costs may act as a restraining factor for the growth of Air Purification market.

Hotel industry holds the most demand for air purification systems because of its requirement to cater promising services to customers, with a high level of comfort and luxury opens humongous opportunities for air purifiers in the hotel industry. Moreover, there is a notable increase in government campaigns to encourage people for keeping the pollution levels in check. Both of these are the major factors that create lucrative opportunities for the growth of market in future.

Rise in Pollution Levels Leading to The Growth in The Global Air Purification Systems Market

The market of the passenger vehicles has seen a rapid increase in the last few years and this is leading to a growth in the pollution all over the world. The rise in the disposal income of the population has been leading to them being able to buy air purifiers for purifying the air that they breathe. The pollutants can be harmful and lead to many diseases and therefore need to be eliminated especially from indoors.

The emission of ozone layer is a growing concern which is making people aware of the environment and therefore people are making it a point to purify the air. The exposure though to the air purifiers also damages lungs and therefore people are also restraining from buying these products. The major use of the Air purification system is in the building and construction, automotive, healthcare, energy utilities, and manufacturing sectors where the industries are dealing with a rise in the breathing related illnesses and this is expected to further propel the growth of the market. The diseases like bronchitis, asthma and other respiratory diseases have been rising and propelling the global air purification systems market.

North America is expected to remain a dominant region in the Global Air Purification Market.

North America is the dominant region in the market with the largest share of the global Air Purification market, With the contribution of each technology and application, the market has grown rapidly. The United States is one of the well-known countries in the region that actively monitor and control air pollution from various industries. It is expected that the “”Clean Air Act”” and strict regulations issued by the Environmental Protection Agency will increase the demand for air purification products during the forecast period.

The EPA includes the air pollution systems to be installed in many places. Asia Pacific is also going to experience good amount of growth as a lot of the cities in this region have been seeing an escalation in pollution levels particularly in the Indian cities of Delhi, Kolkata, Mumbai and Bengaluru and therefore the acceleration is likely in the demand for the products.

The Asia-Pacific region has been a catalyst for demand in the air purifier market. In developing countries like India and China, the industrial revolution is at its peak, which should boost demand for the air purifier market in both countries. As per the statistics given by World Economic Forum, China, in battling its smog pollution, built the largest air purifier in Xian, lowering the smog levels by nearly 15% and purifying the air up to an area of 10 sq. km.

Also, as per Institute for Energy Economics & Financial Analysis, China has boosted its investment in clean energy to more than 110 million USD by 2018.

Hence, the APAC region is expected to witness a fastest growth and developments in the market of air purification systems.

Key Benefits of Global Air Purification Market Report-

Global market report covers in depth historical and forecast analysis.

Global market research report provides detailed information about Market Introduction, Market Summary, Global Market Revenue (USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country level.

Global market report helps to identify opportunities in market place.

Global market report covers extensive analysis of emerging trends and competitive landscape.

Global Air Purification Market Segmentation: –

By Technology:HEPA, Ionic filters, Electrostatic precipitators, Ozone detectors, Cartridge and baghouse filters

By Type:Fumes collector, Smog and dust collector, Vehicle exhaust and others

By Application:Commercial, Residential, Automotive, Industrial

By Connection Deployment:Wi-fi, Manual, Bluetooth

By Regional Analysis:North America, Europe, Asia Pacific, Latin America, Middle East and Africa

This comprehensive report will provide:

  • Enhance your strategic decision making
  • Assist with your research, presentations and business plans
  • Show which emerging market opportunities to focus on
  • Increase your industry knowledge
  • Keep you up-to-date with crucial market developments
  • Allow you to develop informed growth strategies
  • Build your technical insight
  • Illustrate trends to exploit
  • Strengthen your analysis of competitors
  • Provide risk analysis, helping you avoid the pitfalls other companies could make
  • Ultimately, help you to maximize profitability for your company.

Our Market Research Solution Provides You Answer to Below Mentioned Question:

  • Which are the driving factors responsible for the growth of market?
  • Which are the roadblock factors of this market?
  • What are the new opportunities, by which market will grow in coming years?
  • What are the trends of this market?
  • Which are main factors responsible for new product launch?
  • How big is the global & regional market in terms of revenue, sales and production?
  • How far will the market grow in forecast period in terms of revenue, sales and production?
  • Which region is dominating the global market and what are the market shares of each region in the overall market in 2019?
  • How will each segment grow over the forecast period and how much revenue will these segment account for in 2027?
  • Which region has more opportunities?

Get Full Report: @ https://brandessenceresearch.com/heavy-industry/air-purification-systems-market

About us: Brandessence Market Research and Consulting Pvt. Ltd.

Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals, and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations, and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.

Contact us at: +44-2038074155 or mail us at[email protected]

Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication's content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post