Global Air Purification Systems Market: Overview
Air purification systems are electronics devices that are used for the commercial, industrial, and residential purpose to purify the air by removing impurities and contaminants. There is a large difference between air cleaner and air purification system. The air cleaner is equipped with the fan, which is operated at high speed and creates noise. In addition, maintenance associated with air purification systems is high. Whereas the air purifier works silently and maintenance required is relatively low. Poor indoor air quality is the major concern for the health; hence is used in hospitals, schools, residential and commercial buildings, and so on. It improves comfort, health, and productivity.
Global Air Purification Systems Market: Growth Factors
Increasing industrial and infrastructure activities are the major driving factors of the global air purification systems market. However, higher spending on research activities related to air purification system has opened gateways for new growth opportunities; this is projected to propel the global air purification systems market growth in the near future. The 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. However, rising side effects of the poor indoor air quality may propel the global market growth in the near future.
Global Air Purification Systems Market: Segmentation
The global air purification systems market is divided based on technology, end-use applications, products, and geography. The technology segment includes activated carbon, HEPA, ionic filters, electrostatic precipitator, and others. Of these, high-efficiency particulate air (HEPA) purifier segment is the largest technology segment in the global market. However, activated carbon is the second largest technology segment and electrostatic precipitator comes after it. The end-user applications comprise healthcare & medical, automotive, manufacturing, construction, energy & utilities, and others. Of these, the construction is the most lucrative end-user application segment for air purification systems market. Further, the product segment includes fume & smoke collectors, fire and emergency exhaust, vehicle exhaust, dust collectors, mist eliminators, and others.
Global Air Purification Systems Market: Regional Analysis
Asia Pacific is the dominating region for air purification systems market. However, consumer demand for air purification systems may enhance the global air purification systems market. In addition, developing countries such as South Korea and China are anticipated to foster the global market growth owing to rising air pollutions. Moreover, Japan and India are key consumers of the purification systems. Conversely, the higher cost involved with air purification systems and release of byproducts may hinder the global air purification systems market to some extent.
Global Air Purification Systems Market: Competitive Players
Major players in the global air purification systems market are Air Products and Chemicals, Inc., LG Electronics, Panasonic Corporation, Fumex Inc., Honeywell International Inc., Electrocorp, Sharp Corporation, SPX Flow, Mann+Hummel, Daikin Industries, Ltd., Camfil Group, Clarcor Inc., Eureka Forbes, Philips Electronics N.V., and 3M Company.
Global Air Purification Systems Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
What Report Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market.