Air Purification System Market Survey 2019
Global air purification systems market was valued at USD 15.02 billion in 2018 and is expected to reach a value of USD 26.11 billion at a CAGR of 10.7% during the forecast period, 2019–2026.
Global Air Purification System Market Report (Industry Analysis, Applications, Growth, Trends) and Future Forecast (2016-2026) is the latest report published by Straits Research which is committed to delivering details of the Air Purification System industry.
Straits Research offers a high level of accuracy, an in-depth valuation, and systematic research methodology to the reader that helped to collect the info from direct as well as indirect sources. Forecasting patterns were considered across the various regions where the Air Purification System industry is growing steadily. The report has taken a deep dive into the market and has extracted the data from secondary and primary sources.
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The global air purification system market is primarily driven by increasing infrastructure & industrial activities, and growing vehicle fleet over the past few years. Poor indoor air quality has become a major concern to schools, complexes, building, hospitals and workers which is impacting health, the well-being of a human. Increasing CO2 emission, and huge of amounts of smoke released from industries and automobiles further cause health risks such as cancer, asthma, and other cardiovascular & respiratory diseases further augment the growth of air purification system market.
Furthermore, coal used as fuel source in household purposes and in thermal power generation across many emerging countries depletes the air quality which strengthens growing demand for air purifications systems. In addition, rising awareness regarding ill-effects of poor indoor air quality and importance & promotional activities associated with air purifiers is expected to propel demand for air purification system over forecast period 2019–2026.
Some of the leading players in the global air purification system market are Daikin Industries, Ltd. (U.S.), Mann+Hummel GmbH (Germany), Clean Teq Holding Limited (Australia), Camfil Group (Sweden), Panasonic Corporation (Japan), Sharp Corporation (Japan), Honeywell International Inc. (U.S.), LG Electronics Inc. (South Korea), Whirlpool Corporation, (U.S.) and Koninklijke Philips N.V (Netherlands).
The Air Purification System Market is segmented into different sections such as by type, by application, by end users, and by regions. The report about the Air Purification System industry covered the markets by analyzing the top players participating in the market. To make this report an exceptional one, several parameters are models are used which include SWOT analysis, Porters five force model, and pestle analysis.
Development in technology and innovations have created an educated workforce which ultimately witnessed in increasing per capita income and this particular factor has positively impacted on the growth of the Air Purification System market since the past few years.
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By Product, Dust Collectors, Oil & Mist Eliminators, Fume & Smoke Collectors, Fire/Emergency Exhaust, Others (Commercial Kitchen Ventilation System, Industrial UV System, And Air Cleaners), ,
By Technology, HEPA, Activated Carbon Purifier, Electrostatic Precipitator, Ionic Filters, Others (Ozone Generators and Ultraviolet Light Air Filters),
By End-use, Automotive, Construction, Energy & Utilities, Healthcare & Medical, Manufacturing, Others (Hospitality Sectors, Residential, Education, Aviation)
The competitive landscape:
The competitive landscape of the Air Purification System market is a highly crucial section of the report that creates a firm portrait of the market’s key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.
Why purchase this report?
- Historical inferences, findings & analysis of the Air Purification System market from 2016 to 2018
- Projections and performance forecast analysis for the future from 2019 to 2026
- Production and consumption point of view (POV) analysis
- Air Purification System Market drivers, restraint and opportunity analysis, to define Air Purification System market dynamics covering industry, regulatory, innovation, technological & pricing trends
- Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Air Purification System market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.
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