openPR Logo
Press release

Global Sales of Air Treatment Products is Estimated To Be Valued At US$ 35.6 Bn by 2016 End

Global Sales of Air Treatment Products is Estimated To Be Valued

Persistence Market Research delivers key insights on the air treatment products market in its latest report titled “Global Market Study on Air Treatment Products”. Global sales of air treatment products are estimated to be valued at US$ 35.6 Bn by 2016 end, witnessing a Y-o-Y growth of 8.3% over 2015. Air purifier segment is expected to continue to account for a major share in the air treatment products market throughout the forecast period, to account for 84.1% by 2024.

Demand for energy-efficient and cost-effective solutions is expected to increase over the forecast period. By product type, air purifier segment is expected to continue to dominate the market in terms of value and volume share throughout the forecast period. Changing climatic conditions and increasing air pollutants such as particulate matter (PM2.5, PM10), smog, and harmful gasses have led to increasing incidence of long-term respiratory diseases and premature deaths. Such factors are expected to increase demand for air treatment products throughout the forecast period. However, lack of consumer awareness and high prices of products are factors leading to the low adoption of air purifiers, especially in developing countries.

A sample of this report is available upon request @  https://www.persistencemarketresearch.com/samples/3543

On the basis of application, the commercial segment accounted for the largest market value share in 2015. The commercial segment in the global air treatment market is expected to be valued at US$ 14.0 Bn by 2016 end, registering Y-o-Y growth of 8.5% over 2015.

North America is the largest market for air treatment products. The market in the region is estimated to be valued at US$ 13.7 Bn by 2016 end. The air treatment products market in Asia-Pacific is anticipated to expand at a significant CAGR of 17.2% in terms of value over the forecast period (2016–2024). Increasing air pollution in Asia Pacific, especially in China and India, is expected to drive demand for air treatment products during the forecast period.

Key players in the global air treatment products market include Atlas Copco AB, Samsung Electronics Co., Ltd., LG Electronics Inc., Panasonic Corporation, Sharp Corporation, Honeywell International Inc., and De’Longhi S.p.A. Major players in the market are focusing on the production of cost-effective and energy-efficient products in order to increase sales in high potential cost-sensitive markets in Asia Pacific.

To view TOC of this report is available upon request @ https://www.persistencemarketresearch.com/methodology/3543

Implementation of stringent ozone emission norms and safety regulations across various countries worldwide is expected to influence air treatment products manufacturers to focus on innovation and launch products in order to retain their position in the market.

Long-term Outlook: The long-term outlook for the global air treatment products market remains positive, with the market value expected to increase at a CAGR of 11.2% during the forecast period.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Sales of Air Treatment Products is Estimated To Be Valued At US$ 35.6 Bn by 2016 End here

News-ID: 1203321 • Views: 101

More Releases from Persistance Market Research

Global Aquaculture Feed and Pharmaceuticals Market to Record Sturdy Growth CAGR …
A recent report published by Persistence Market Research prognosticates that the global market for aquaculture feed and pharmaceuticals would be valued at US$1,068.9 mn by 2025 registering a CAGR of 7.3% over 2017-2025. The report, titled “Aquaculture Feed and Pharmaceutical Market: Global Industry Analysis 2012–2016 and Forecast 2017–2025,” portrays that the cumulative revenue generated by the market is projected to increase 1.8X over the forecast period from 2017-2025. The paced development
Magnetic Field Sensors Market to Undertake Strapping Growth During 2020
Magnetic field sensor is a device used to study the magnetic field around coil, electrical device and around permanent magnets. Magnetic field sensors consist of rotating sensor tip which measures both transverse and longitudinal magnetic fields around the objects. Magnetic sensor uses “Hall Effect” (produces voltage difference across electrical conductor, transverse to electric current) transducer that measures vector component of magnetic field near the sensor tip. Magnetic field sensor measures
Grass Based Dairy Products Market to Significant Growth Foreseen by 2017 - 2025
Global Grass Based Dairy Products Market: Introduction The Food and Drug Administration supervises the label on the dairy products and has not defined the grass fed based products and also don’t have set guidelines for the producers/manufacturers for making a grass-fed claim. The FDA requires those labels on dairy should not be misleading. The dairy products from the grass-based products have high nutritional benefits and are also beneficial for the health
Glutathione Market to Witness Comprehensive Growth by 2017 - 2025
Global Glutathione Market: Introduction Glutathione is an essential antioxidant found in animals, plants, fungi, and other bacteria and archaea. Glutathione is capable of preventing damage to the important cellular components. It is a protein composed of three amino acids, and are sold as dietary supplements. It is an essential antioxidant, glutathione which is involved in DNA synthesis, immunity, and sperm formulation, amongst others. Glutathione is one of the most important antioxidant presents

All 5 Releases


More Releases for Air

Climacool Air Conditioning
Climacool Air Conditioning sells, installs, repairs and services air conditioning units in Sydney. The team of air conditioning professionals work in both domestic and commercial estates to ensure that you receive the quality and outstanding service that you deserve. Climacool Air Conditioning sells, installs, repairs and services air conditioning units in Sydney. The team of air conditioning professionals work in both domestic and commercial estates to ensure that you receive the
Air Suspension Systems Market
Air suspension systems are extensively used in heavy duty vehicles where they utilize pressure from compressed air for the vehicle’s braking system. As a result, the global air suspension systems market is expected to witness significant growth in 2018, reaching a market value of US$ 4,613.3 Mn at a Y-o-Y growth rate of 6.0% as compared to 2017. Furthermore, the global demand for air suspension systems will also be influenced
Air Defense System Market,
The air defense system are coming up with for mission, coordination of units whereas playacting combat missions, inserting intelligence statistics on the map and investigation of errors by retrieving the history module. The combat management system delivers associate degree accessible, services-based framework. Moreover, this technique conjointly directs correct and fast-reacting fusion, analysis and transmission of nice amounts of detector knowledge to ensure the economical readying of ships and different resources
Nuclear Air Filtration Market
In this report, the Asia-Pacific Nuclear Air Filtration market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Nuclear Air Filtration for these regions, from 2012 to
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Systematically pure air
Amazone has integrated energy-saving torch welding extraction into the production Metal-processing companies can directly include the planning of ventilation systems when building a new hall. But what kind of extraction and filter technology can be successfully integrated into the existing production, which individually protects employees against emissions and is extremely energy-saving? This is the question that Hilmar Heitmann, project engineer at Amazone at the main production facility in Hasbergen-Gaste (close