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Air Purification Systems Market 2016 - 2024: Global Industry Size, Share, Growth, Forecasts
Global Air Purification Systems Market: Overview
Air Purification is a device or system which is primarily employed in the industrial, commercial and residential application to remove or control the air contaminants, impurities from the air and to provide clean air in a room. There is a difference between air cleaner and air purification system. Air cleaner consist of fan which create noise when operate at high speed and also costly to maintain whereas air purifier is silent device and requires relatively less maintenance.
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Global Air Purification Systems Market: Growth Dynamics
Poor Indoor Air Quality (IAQ) is a major concern to schools, buildings, complexes hospitals and workers because it can impact the health comfort, well-being and productivity of health occupants. Rising awareness related to ill-effects of poor IAQ and increasing infrastructure and industrial activities are the major drivers that drives the growth of air purification systems market. Asia Pacific dominates the air purification systems market in terms of demand. Countries such as China, Japan, South Korea, and India are expected to be the key consumers of air purification systems. Higher prices and release of byproduct from air purifier is anticipated to hamper the market growth.
Global Air Purification Systems Market: Segmentation
High Efficiency Particulate Air (HEPA) purifier is anticipated to be the major segment during the forecast period followed by activated carbon and electrostatic precipitator. In terms of end-use industrial sector is going to the major segment for air purification systems. Commercial segment is also second most lucrative segment for air purification systems market. Increase in research activities related to air purification systems is estimated to offer major opportunities to the air purification systems market in the next few years.
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Global Air Purification Systems Market: Scope of the Report
This report analyzes and forecasts the market for Air Purification Systems Market at the global and regional level. The market has been forecast based on revenue (US$ Mn) from 2016 to 2024, considering 2015 as the base year. The study includes drivers and restraints of the global Air Purification Systems market. It also covers impact of these drivers and restraints on demand for Air Purification Systems Market during the forecast period. The report also highlights opportunities in the Air Purification Systems market at the global and regional level.
The report includes detailed value chain analysis, which provides a comprehensive view of the global Air Purification Systems market. Porter’s Five Forces model for the Air Purification Systems market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein technology, impurity and end-users are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global Air Purification Systems market by segmenting it in terms of technology, impurity and end-users. In terms of technology air purification systems is classified as HEPA(High Efficiency Particulate Air), Activated Carbon, Electrostatic Precipitator, UV Light Air Purifier, Ionic Air Purifier and Others (including Kitchen Ventilation System).Based on impurity it is classified as Oil & Mist Collector, Smoke Collector, Fume Extraction, Dust collector and Others (including pollen grains etc.). Further segmentation is based on End-users such as Industrial, Commercial and Residential. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for Air Purification Systems in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides the actual market size of Air Purification Systems for 2015 and estimated market size for 2016 with forecast for the next eight years. The global market size of Air Purification Systems has been provided in terms revenue. Market revenue has been defined in US$ Mn. Market numbers have been estimated based on technology, impurity and end-users of Air Purification Systems. Market size have been provided in terms of global, regional, and country level markets.
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Global Air Purification Systems Market: Research Methodology
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE), National Air Filtration Association (NAFA) and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoover’s, oneSOURCE, Factiva and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market.
We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
Global Air Purification Systems Market: Competitive Landscape
The report comprises profiles of major companies operating in the global air purification systems market. Key players in the air purification systems market are Sharp Corporation, Panasonic Corporation, Daikin Industries, Honeywell International, Philips Electronics N.V., Electrocorp, Camfil Group, SPX Flow, Mann+Hummel,3M, LG Electronics, Clarcor Inc., Fumex Inc, Eureka Forbes. These market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments in the report.
The global air purification systems market has been segmented as follows:
Air Purification Systems Market: By Technology
HEPA
Activated Carbon
Electrostatic Precipitator
UV Light Air Purifier
Ionic Air Purifier
Others (Kitchen Ventilation Systems etc.)
Air Purification Systems Market: By Impurity
Oil & Mist
Smoke Collector
Fume Extraction
Dust Collector
Others (Pollen grains etc.)
Air Purification Systems Market: By End-use
Industrial
Commercial
Residential
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