The Air Purification Systems industry is a sector that produces and sells equipment and products designed to improve the quality of indoor air. These systems are designed to remove harmful contaminants from the air, such as pollutants, allergens, bacteria, and viruses, as well as unpleasant odors. Air purification systems typically use a combination of filtration, UV-C light, and other technologies to remove pollutants and improve air quality. These systems are used in a variety of settings, including residential homes, commercial buildings, hospitals, schools, and industrial facilities.
The air purification market size is projected to grow from USD 14.46 Billion in 2015 to reach USD 20.65 Billion by 2020, at an estimated CAGR of 7.38%. Accelerated urbanization, growth in infrastructural activities, and increasing industrialization has multiplied the rate of air pollution in the environment which has resulted in the need for air purification systems across the globe. The increasing income and spending capacity of people in developing economies and increasing demand in various end-use sectors such as automotive, building & construction, healthcare & medical, manufacturing, and energy & utilities are the major factors driving the growth of the air purification market. The strict regulations pertaining to industrial emissions and concern about occupational health and safety of the workers have led the industrial and commercial sector bodies to look into the concern of air purification needs at all their operating facilities.
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Browse more than 191 market data tables with 51 figures spread through 205 Pages and in-depth TOC on "Air Purification Systems Market Product (Dust Collectors, Fume & Smoke Collectors, Vehicle Exhaust, Others), Technology (HEPA, ESP, Activated Carbon, Ionic Filters, Others), End-Use Sector (Automotive, Construction, Healthcare, Others) - Forecast"
Demand for air purification systems was particularly strong in developing countries such as China and India, where air pollution has become a major public health issue. In addition, the COVID-19 pandemic in 2020 also fueled demand for air purifiers as people became more conscious about the air they breathe and sought ways to protect themselves from airborne viruses.
Air Purification Systems Market Key Players
The air purification systems market includes a variety of players, ranging from established corporations to startups. Some of the key players in the air purification systems market are:
- Daikin Industries, Ltd. (U.S.)
- Clean Teq Holding Limited (Australia)
- Mann+Hummel GmbH (Germany)
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Dust Collector segment to gain maximum traction during the forecast period
Dust collectors are used to improve the quality of air discharged from commercial and industrial processes through collecting dust, impurities, and other allergen particles from air or gas. A dust collector system generally consists of a blower, dust filter, filter cleaning system, and a dust removal system. It removes solid granule pollutants from exhaust gases before venting to the outer atmosphere and also recovers valuable solid or powder granules from process streams. The demand for this type of air purification system holds a significant part of the air purification market. The reason behind the growth of this product segment is the need of making the ambient and in-door air dust-free, which is the primary concern of the population and government in this industrial era.
Asia-Pacific to play a key role in the air purification market
Factors such as the increasing urbanized population in China and India along with the growth in disposable income, and the growing concern regarding the ill-effects of air pollution on human health in these countries are driving the growth of the Asia-Pacific air purification market. Rapid industrialization and imposition of strict laws pertaining to toxic emission control are also major factors contributing to the growth of the air purification market in this region.