Press release
Strategic Forecast for the Air Quality Control System Industry: Market Outlook 2025-2034
Air Quality Control System
Air Quality Control System Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size of the air quality control system has experienced considerable growth. The market, which is projected to increase from $120.67 billion in 2024 to $127.11 billion in 2025, is expected to have a compound annual growth rate (CAGR) of 5.3%. This growth during the historic period can be associated with strict environmental regulations, heightened health impact awareness, industrial expansion and urbanization, global initiatives to tackle climate change, and concerns over healthcare costs and productivity.
How Will the Air Quality Control System Market Size Evolve and Grow by 2029?
In the coming years, the air quality control system market is predicted to experience robust growth, with its value expected to reach $156.01 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The projected growth during the forecast period can be attributed to a combination of factors including an ongoing reinforcement of environmental policies, an increased focus on real-time monitoring, the proliferation of smart city initiatives, the adoption of renewable energy, and a heightened emphasis on health and wellness. During the forecast period, the market trends to watch include the integration of IoT and AI technologies, cutting-edge innovations in control systems, advancements in air quality monitoring methodologies, breakthroughs in sensor technology, and the use of data analytics and visualization.
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What Drivers Are Propelling the Growth of Air Quality Control System Market Forward?
The escalating worries surrounding the quality of indoor air are predicted to fuel the expansion of the air quality control system market. The term Indoor air quality (IAQ) pertains to the standard of air in and around buildings and other structures, taking note of its impact on the wellbeing and comfort of those inside these buildings. By eliminating pollutants, managing ventilation, adjusting humidity, and improving the overall indoor environmental condition, air quality control systems provide all-inclusive solutions to manage and advance indoor air quality. For instance, the American Lung Association, a professional organization based in the US, reported in April 2023 that around 119.6 million Americans, equivalent to about 36% of the nation's population, continue to live in regions with poor ozone or particulate pollution levels. Consequently, the mounting anxieties about indoor air condition are anticipated to stimulate the rise of the air quality control system market.
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Which Emerging Trends Are Transforming the Air Quality Control System Market in 2025?
Many air quality control system market leaders are concentrating on creating products that incorporate advanced technologies, including intelligent IoT solution integration, to solidify their market presence. IoT solutions employ data gathered by IoT devices, focusing on both particular and multiple sensors' data to obtain a broader range of insights. For instance, Siemens AG, a German automation and digitalization conglomerate, unveiled Connect Box through its subsidiary Siemens Smart Infrastructure (SI) in March 2023. Connect Box, being the latest addition to the Siemens Xcelerator product line, provides a straightforward way to monitor building performance. It has the potential to dramatically enhance indoor air quality and increase energy efficiency in small to medium structures like apartments, retail establishments, schools, and small offices by up to 30%.
What Are the Key Segments in the Air Quality Control System Market?
The air quality control system market covered in this report is segmented -
1) By Product Type: Indoor, Ambient
2) By Pollutant Type: Gas, VOC, Dust, Other Pollutant Types
3) By Application: Tunnels, Air Terminals, Underground Garages, Public Transportation Stations, Air Pollution Control, Automobile, Other Applications
4) By End-User Industry: Powertrain Management, Energy And Power, Mining, Agriculture, Semiconductor, Medical And Pharma, Commercial And Residential, Transportation, Other End-User Industries
Subsegments:
1) By Indoor: Air Purifiers, HVAC Systems, Air Quality Monitors
2) By Ambient: Industrial Air Quality Monitors, Outdoor Air Quality Sensors, Emission Control Systems
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Who Are the Key Players Shaping the Air Quality Control System Market's Competitive Landscape?
Major companies operating in the air quality control system market report are Siemens AG, General Electric Company, Thermo Fisher Scientific, Honeywell International Inc., 3M, Mitsubishi Hitachi Power Systems Ltd., Anguil Environmental Systems, Inc., ENVEA Group, Daikin Industries Ltd., Johnson Controls International PLC, Alstom SA, Camfil AB, ANDRITZ AG, GEA Group Aktiengesellschaft, MANN+HUMMEL Group, Donaldson Company Inc., Pall Corporation, Dürr AG, Thermax Limited, Babcock & Wilcox Enterprises Inc., Calgon Carbon Corporation, Clyde Bergemann Power Group, Doosan Lentjes GmbH, Balcke-Dürr GmbH, Fuel Tech Inc., Sierra Instruments Inc., Bühler Technologies GmbH, Foster Wheeler AG, Hamon Corporation
What Geographic Markets Are Powering Growth in the Air Quality Control System Market?
Asia Pacificwas the largest region in the air quality control system market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the air quality control system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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