Global Air Purification Systems Market Size study, By Product (Dust collectors, Fume & smoke collectors, Vehicle exhaust, Mist eliminators, Fire/Emergency exhaust, Others), By Technology (HEPA, Electrostatic precipitator, Activated carbon, Ionic filters,

Global Air Purification Systems Market Size study, By Product (Dust collectors, Fume & smoke collectors, Vehicle exhaust, Mist eliminators, Fire/Emergency exhaust, Others), By Technology (HEPA, Electrostatic precipitator, Activated carbon, Ionic filters, Others), By End-use Sector (Automotive, Construction, Healthcare & medical, Energy & utilities, Manufacturing, Others), and Regional Forecasts 2022-2028

Global Air Purification Systems Market is valued at approximately USD 20.65 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.38% over the forecast period 2022-2028. An Air Purification System is a system that helps in eliminating the contaminants such as pollutants, allergens, and toxins from the air, and enhances the air quality. The prime benefit of an Air Purification System is on health to evade the contact of harmful contaminants, offers cleanliness and contented environment. These devices are generally promoted as being helpful to asthmatics and allergy sufferers. The proficiency of the air-cleaning media will hinge on the nature of the contaminant. Increasing air pollution leads to the occurrence of various health problems, imposition of rules and regulations by the governments, rising consumer spending power, and rapid industrialization and urbanization are stimulating the market growth across the globe. For instance, according to the World in Data, air pollution is one of the chief risk factors for disease burden accounted with the 147.42 million people in 2017, moreover, it leads to approximately 5 million death each year. Thereby, increasing level of air pollution causes various risk factors to the individuals, thus, in turn, it propels the rising adoption of air purifiers globally. However, the high pricing of products impedes the growth of the market over the forecast period of 2022-2028. Also, growing concern regarding the environment is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the Global Air Purification Systems Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing number of R&D activities, and the presence of the leading market players. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as rapid industrialization as well as increasing penetration of the novel technologies would create lucrative growth prospects for the Air Purification Systems Market across the Asia-Pacific region.

Major market players included in this report are:
Honeywell International Inc.
3M Company
Sharp Corporation
Daikin Industries, Ltd.
Air Products and Chemicals, Inc.
Camfil Group
Philips Electronics N.V.
Panasonic Corporation
LG Electronics Inc.
Whirlpool Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Dust collectors
Fume & smoke collectors
Vehicle exhaust
Mist eliminators
Fire/Emergency exhaust
Others
By Technology
HEPA
Electrostatic precipitator
Activated carbon
Ionic filters
Others
By End-use Sector
Automotive
Construction
Healthcare & medical
Energy & utilities
Manufacturing
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Air Purification Systems Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Honeywell International Inc.
3M Company
Sharp Corporation
Daikin Industries, Ltd.
Air Products and Chemicals, Inc.
Camfil Group
Philips Electronics N.V.
Panasonic Corporation
LG Electronics Inc.
Whirlpool Corporation

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