Air Purification Machine Market Forecasts to 2030 – Global Analysis By Product (Dust collectors, Vehicle exhaust, Fire/Emergency exhaust, Fume & smoke collectors, Mist eliminators and Other Products), Technology (High-Efficiency Particulate Air (HEPA) Fil

Air Purification Machine Market Forecasts to 2030 – Global Analysis By Product (Dust collectors, Vehicle exhaust, Fire/Emergency exhaust, Fume & smoke collectors, Mist eliminators and Other Products), Technology (High-Efficiency Particulate Air (HEPA) Filters, Ionic Filters, Photo Catalytic Oxidation (PCO) Filters, Activated Carbon Filters, Ultraviolet (UV) Germicidal Irradiation, Electrostatic Precipitators and Other Technologies), End User and By Geography.

According to Stratistics MRC, the Global Air Purification Machine Market is accounted for $25.58 billion in 2023 and is expected to reach $46.76 billion by 2030 growing at a CAGR of 9.0% during the forecast period. An air purification machine is a tool or product used in commercial and residential settings to remove or reduce air pollutants and contaminating impacts. These devices are specifically made to help people with allergies and asthma. Due to their enormous advantages of avoiding dangerous pollutants and impurities and providing pure air, they are widely employed in industries, commercial places, and residential sectors.

According to the World Health Organization (WHO), air pollution causes 2.4 million deaths annually. Approximately 50% of pediatric pneumonia deaths, according to UNICEF, are linked to air pollution.

Market Dynamics

Driver

Rising industrialization and urbanization

A significant factor driving the global market for air purification machines is the increased industrialization and urbanisation that is leading to an increase in air pollution. People are experiencing a wide range of health issues as a result of the air quality's progressive decline. Asthma, cardiovascular risks, chronic headaches, and eye irritation are just a few of the major health effects that air pollution can have. In addition, the World Health Organisation (WHO) claims that air pollution results in 2.4 million fatalities each year. According to UNICEF, air pollution is a factor in almost 50% of deaths from paediatric pneumonia. Air pollution has become worse due to industrialization and the increase of vehicles on the road, which demand this equipment.

Restraint

High cost

The high cost of air purification machines is primarily due to advanced technology, stringent quality standards, research and development expenses, high-quality raw materials, energy efficiency requirements, limited scale of production, and branding and marketing efforts. These factors contribute to the overall cost of manufacturing and distributing air purification machines. While the high cost may be a restraint for some consumers, it's important to consider the significant health benefits they provide by improving indoor air quality. Thus, it is hampering market growth.

Opportunity

Increasing use in commercial sectors

Air purification machines are increasingly being used at commercial facilities, such as hotels, airports, movie theatres, hospitals, shopping complexes, etc. Poor indoor air quality is now a big issue for hospitals, retail centres, office buildings, and schools, and it is affecting people's health and well-being. Health concerns like asthma, cancer, and other cardiovascular and respiratory disorders are brought on by rising CO2 emissions and the huge quantities of smoke produced by factories and automobiles. Additionally, the use of coal as a fuel source and in the thermal power generation process in many rising nations degrades the quality of the air, supporting the rise in demand for air purification machines.

Threat

Lack of awareness

One of the significant threats to the air purification machine market is the lack of awareness among consumers. Many individuals may not fully understand the importance of indoor air quality or the potential benefits of using air purification machines. This lack of awareness can limit market demand and hinder the widespread adoption of these products. Manufacturers and industry stakeholders need to invest in educational campaigns and marketing efforts to raise awareness about the health implications of poor indoor air quality and the role that air purification machines can play in improving it. By effectively communicating the benefits and educating consumers, the market can overcome this threat and drive increased adoption of air purification machines.

Covid-19 Impact

The COVID-19 outbreak has had significant impacts on the global market for air purification machines. Around the world, new projects have slowed down, which has reduced demand for air purifying devices. The epidemic has made it difficult for international industries to adapt to the new air filtration machines since workers have stayed at home, which has hampered global supply chains. However, because of technical advancements and the effectiveness of purifiers in eradicating hazardous viruses, demand for air purification systems has been rising since the first quarter of 2021, and it is anticipated that this trend will continue during the projected period. The COVID-19 epidemic has raised demand. Due to the growing acceptance of UV-based filtration, the market for air purification systems has enormous potential.

The High-Efficiency Particulate Air (HEPA) Filters segment is expected to be the largest during the forecast period

The High-Efficiency Particulate Air (HEPA) Filters segment is estimated to hold the largest share, owing to the expansion of HEPA technology are the growing popularity of smart homes and the increased demand for healthy, ambient living. An air filter with mechanical pleats is called HEPA. It is highly efficient in removing airborne particles, including pollen, dust, smoke, and bio-contaminants. The high quality and dependability of HEPA filters to remove airborne particles is another factor contributing to the industry's expected increased product penetration. The benefits it provides, such as delivering pollutant-free air for small children and asthma patients are also credited with contributing to the market's rise. These all contribute to the lucrative growth of the segment.

The Healthcare & medical segment is expected to have the highest CAGR during the forecast period

The Healthcare & medical segment is anticipated to have lucrative growth during the forecast period, due to growing applications in the medical industry. In order to maintain hospitals, isolation rooms, and operating rooms free of harmful viruses, bacteria, and other particles, it is employed as air filtration. Additionally, it is applied in a hospital's most delicate sections, such as the area where infants are housed in the neonatal unit. Also, these offer healthcare facilities an essential component of the equipment needed to transform conventional rooms into isolation units. Moreover, healthcare professionals prefer air purifiers as the optimal choice to keep their medical facilities and functions in a clean and safe environment. Thus, there is an increasing demand for air purification machines in the healthcare & medical sector.

Region with largest share

Asia Pacific commanded the largest market share during the extrapolated period. Growing concern regarding the ill effects of air pollution on human health and rising awareness among people drives the growth of the market. The regional market is also being boosted by an increase in the number of cars on the road and the usage of air purifiers and other technologies for managing air pollution to decrease the effects of harmful vehicle emissions. Additionally, there has been a noticeable increase in construction activity, and people are becoming more conscious of the way synthetic building materials are causing indoor air quality to decline. Furthermore, air purifier demand is rising in this region because governments and automakers are working hard to promote technology that decreases the negative effects of toxic air.

Region with highest CAGR

North America is expected to witness profitable growth over the projection period. The region's market has developed primarily as a result of technical advancement, high per capita income, a high standard of living, and population awareness. Additional factors influencing market expansion include the implementation of strict government industrial rules and rising employee health awareness. The demand will be fuelled by a well-developed infrastructure and rising awareness in the healthcare, tourism, and hospitality industries. Although home systems are still in the early stages of development, they are anticipated to grow over the course of the forecast period due to concerns about indoor air quality.

Key players in the market

Some of the key players in the Air Purification Machine Market include Honeywell International Inc., Sharp Corporation, Air Products and Chemicals, Inc., Alfa Laval AB, Mann+Hummel GmbH, 3M Company, Daikin Industries, Ltd., Clean Teq Holdings Limited, SPX Corporation, Clarcor Inc., Philips Electronics N.V., Panasonic Corporation, LG Electronics Inc., Whirlpool Corporation, Eureka Forbes, Electrocorp, Fumex Inc., Xiaomi Corporation, Blueair AB and Alen Corporation.

Key Developments

In July 2022, Daikin Industries have added MC30Y to their air purifier product line. The new Daikin MC30Y air purifier is suitable for small single flats, bedrooms, hotel rooms, small cafés or meeting rooms to reduce the concentration of bacteria, viruses, pollen, and airborne contaminants in the air with airflow rates of up to 180 cubic meters per hour.

In May 2022, The AeroSolfd consortium – led by MANN+HUMMEL – started a new project to deliver affordable, adaptable, and environmentally friendly retrofit solutions to reduce tailpipe and brake emissions and pollution in closed environments. This will allow a quick transition towards cleaner mobility and a healthier environment.


Products Covered
• Dust Collectors
• Vehicle Exhaust
• Fire/Emergency Exhaust
• Fume & Smoke Collectors
• Mist Eliminators
• Other Products

Technologies Covered
• High-Efficiency Particulate Air (HEPA) Filters
• Ionic Filters
• Photo Catalytic Oxidation (PCO) Filters
• Activated Carbon Filters
• Ultraviolet (UV) Germicidal Irradiation
• Electrostatic Precipitators
• Other Technologies

End Users Covered
• Automotive
• Healthcare & Medical
• Industrial
• Construction
• Energy & Utilities
• Residential
• Commercial
• Hospitality
• Agriculture
• Transportation
• Aerospace
• Other End Users

Regions Covered
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements