Industrial Air Purifiers Market growing at a CAGR of 5.8% from 2020 to 2027 | AMR

Industrial Air Purifiers Market: Exploring the Factors Influencing the Market and its Dynamics in the 2020-2027 Timeframe

Allied Market Research recently published a report on the industrial air purifiers market which highlights that the industrial air purifiers market, which accounted for $2,711.0 million in 2019, is expected to gather a revenue of $4,164.2 million by 2027, thereby growing at a CAGR of 5.8% in the 2020-2027 timeframe. The report mentions that the growing awareness regarding degrading air quality is anticipated to be the primary reason behind the growth of this industry in the analysis timeframe. Apart from focusing on the growth drivers and investment opportunities in the sector, the report also studies the upcoming trends, industry dynamics, regional factors, and the competitive scenario of the industry.

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A Brief Overview of the Market Dynamics

To help businesses get a clear understanding of the market dynamics, we, at Allied Market Research, provide actionable data and market intelligence in the form of growth drivers, restraints, and investment opportunities in the sector. For instance, technological advancements in the development of filter media are estimated to open new avenues of growth in the industrial air purifiers market.

On the other hand, the report also analyzes certain challenges that are expected to hamper the full-fledged growth of the sector in the near future. In the case of the industrial air purifiers industry, the high cost of these air purification devices is anticipated to slow down the growth rate of this domain. The AMR report underscores the importance of these growth drivers and market restraints at both global and regional levels.

Regional Landscape

The analysis of any market is incomplete without studying the various socioeconomic, cultural, technological, and demographic factors that impact its growth. Since these factors vary from region to region, a thorough regional analysis of the sector becomes necessary. To enable businesses to expand their operations in different regions seamlessly, AMR comprehensively covers all the major regions across the globe including North America, Asia-Pacific, Europe, and LAMEA.

As far as the industrial air purifiers market is concerned, the Asia-Pacific region held the most dominant position in 2019, and the LAMEA region is predicted to have the highest growth rate in the 2020-2027 region. The rapid pace of industrialization in various countries of both regions is expected to play a major role in this domain's growth. Furthermore, many governments have enacted legislations that seek to improve IAQ in industrial facilities which is anticipated to augment the CAGR of the sector.

Futuristic Trends Emerging in the Industry

Technological advancements in the industrial air purifiers market are a major factor influencing the growth of this domain. Out of these innovations, UVGI air purification technology and electrostatic precipitators have become quite popular.

UVGI Air Purification Technology: Ultraviolet Germicidal Irradiation (UVGI) is an advanced air purification technique that breaks down contaminants and harmful microorganisms like viruses, bacteria, and fungi. Typically, air purifiers with UVGI technology release UV-C rays at a wavelength of 253.7 nm, which destroys the DNA of these microorganisms and prevents their reproduction. These air purifiers can easily be integrated with HVAC systems which makes them an ideal solution for improving the indoor air quality of industrial facilities.

Electrostatic Precipitators: Electrostatic precipitators are filterless devices that are designed to remove solid particulate matter like dust or fine smoke particles from the air. These devices are now being specifically used in such industries wherein the inflow of various gases increases the concentration of suspended particles in the indoor environment. These devices, by providing an electrostatic charge to the suspended particles, not only purify the air but also conserve electricity as compared to other purifiers.

Full Report With TOC: https://www.alliedmarketresearch.com/industrial-air-purifiers-market-A06290

Key Players Profiled in the Market Report:

Daikin Industries, Ltd. (AAF International Co., Inc.)

Atlanta Healthcare

Airoshine Air Purifiers

Trotec GmbH

Honeywell International, Inc.

Parker Hannifin Corporation

VFA Solutions B.V.

Euromate BV

SPX Corporation

Camfil AB

To summarize, the Allied Market Research report on the industrial air purifiers market provides tailored solutions to businesses to aid them in making the right investment decisions and staying ahead of their peers in the sector. The timely updates and real-time market analysis enable companies to develop their strategies which will increase their footprint in the domain.

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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 domain.

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