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Air Quality Control Systems Market - Trends, Top Players, Future Growth and Competitors Analysis 2026

07-30-2020 12:32 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Air Quality Control Systems Market - Trends, Top Players, Future

The air quality control systems (AQCS), thus, offer solutions for controlling and handling of air, gases, and contaminants to provide cleaner air discharge. The market is primarily driven due to growth in awareness about the effects of air pollution on the health and well-being of the population.

As per the report, the global air quality control systems industry was estimated at $94.69 billion in 2018 and is expected to reach $144.09 billion by 2026, growing at a CAGR of 5.2% from 2019 to 2026. The report offers a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

Based on geography, the Asia-Pacific region, followed by North-America, generated the largest share in 2018, holding nearly two-fifths of the total air quality control systems market.

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The increased necessity for food, electricity, oil, gas, and power in the region has worked as the major driving factor for the growth. At the same time, the LAMEA region would showcase the fastest CAGR of 6.5% throughout the study period. Enhanced reliability and capability to prevent contaminated air in the region have propelled the growth.

Frontrunners in the industry-
• Donaldson Company, Inc.
• Babcock & Wilcox Enterprises, Inc.
• ELEX AG
• GEA Group Aktiengesellschaft
• HAMON Group
• MANN+HUMMEL Intern. GmbH & Co. KG
• Thermax Ltd.
• Mitsubishi Hitachi Power Systems
• GE Power
• Ltd (MHPS)
• Daikin Industries Ltd.

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Based on the application, the air pollution control segment contributed to nearly two-fifths of the total air quality control systems market revenue in 2018 and is expected to maintain its dominance throughout the forecast period.

This is attributed to increased industrial manufacturing and infrastructural development across the globe. The tunnels segment, on the other hand, is projected to grow at the fastest CAGR of 6.9% during 2019–2026.

Key Findings of the Air Quality Control Systems Market :
• Based on the application, the air pollution control segment was the largest revenue contributor in 2018.
• By the end-user industry, the energy & power segment generated the highest revenue in 2018 and is projected to grow at a significant CAGR from 2019 to 2026.
• Depending on product type, the indoor segment is expected to grow at the fastest rate.
• As per pollutant type, the dust segment is projected to grow at a significant CAGR during the forecast period.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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