The Air Purification Equipment Market Is Expected To Witness A Rise In Revenue And Demand In The Forecast Period 2023-2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.As per the air purification equipment market report by The Business Research Company, the increasing health problems due to air pollution is projected to boost the demand for the air purification equipment market. Rising deaths and diseases caused by air pollution are generating higher demand for devices used for air purification to remove harmful pollutants in the air.
The global air purification equipment market size will grow from $60.75 billion in 2022 to $66.1 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global air purification equipment market size is expected to grow to $89.05 billion in 2027 at a CAGR of 7.7%.
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Major competitors in the air purification equipment market include Daikin Industries Ltd., Sharp Corporation, Camfil Group, Philips Electronics N.V, LG Electronics Inc., Panasonic Corporation, 3M Company, Mann+Hummel, Honeywell International Inc., and Clarcor Inc.
The air purification equipment market is segmented -
• By Product Type: Stand-Alone Air Purification Equipment, Induct Air Purification Equipment
• By Technology: HEPA, Electrostatic Precipitators, Activated Carbon, Ionic Filters, Other Technologies
• By End User: Residential, Commercial, Industrial
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific is the largest region in the air purification equipment market.
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The air purification equipment refers to a device used for removing contaminants from the air in a room to improve indoor air quality.
The Table Of Content For The Air Purification Equipment Market Include:
1. Executive Summary
2. Air Purification Equipment Market Characteristics
3. Air Purification Equipment Market Trends And Strategies
4. Air Purification Equipment Market- Macro Economic Scenario
5. Air Purification Equipment Market Size And Growth
6. Air Purification Equipment Market Segmentation
……
26. Africa Air Purification Equipment Market
27. Air Purification Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Air Purification Equipment Market
29. Air Purification Equipment Market Future Outlook and Potential Analysis
30. Appendix
The "Global Air Purification Equipment Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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