Press release
Air Purification System Market Revenue Data Historic And Forecast Analysis
The global Air Purification System market was valued at USD 9.1 Billion in 2020 and is projected to reach USD 16.9 Billion by 2028, growing at a CAGR of 8.1% from 2021 to 2028.Air purification system is use to remove contaminant or pollutant from the room or building. It is primarily used by the patients suffering from allergy, asthma and others. Sometimes, they are also applicable in removing the second hand tobacco smoke. There are two types of air purifying technologies which includes active air purifier which uses ionization for cleaning the air and passive air purification which use air filter to remove pollutant. A number of companies are continuously engaged in development of the new and advanced products owing to rapidly increasing demand for the various air purifier.
Air Purification System Market Dynamics
Rapid Industrialization, increasing pollution and increasing number of patients suffering from various allergic diseases are the primary driving factor for the growth of the global air purification system market. Increasing industrialization has increased the rate of air pollution in the environment which propels the need for air purification systems; ultimate driven the market growth. Increasing disposable income of people in developing economies and increasing demand for air purifiers in the different sector such as automotive, building & construction, healthcare & medical, manufacturing, and energy & utilities are fuel the growth of the global air purification market. Additionally, strict regulations regarding industrial emissions and health and safety concern of the employees have boosted the growth of the market.
This report examines all the key factors influencing growth of global Air Purification System market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Air Purification System market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
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Global Air Purification System Market: Major Players
Alen
Honeywell
Sunbeam Products
Blueair
3M
Airocide
Midea
Daikin
Bionaire
Rabbit Air
Airfree
IQAir
Winix
Philips
Air Oasis
LG
Panasonic
Sharp
Whirlpool
Global Air Purification System Market: By Types
HEPA filter
Activated Carbon Filters
Electrostatic Air Cleaner
Ultraviolet (UV) lights Air Cleaners
Thermodynamic Sterilization
Ionizers
Ozone Generators
Global Air Purification System Market: By Applications
Residential
Commercial
Other
Global Air Purification System Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Air Purification System market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Frequently Asked Question
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