Air Purification Systems Market Size, Share, Trends Analysis, 2032

Air Purification Systems Market

Air Purification Systems Market Size, Share & Trends Report, 2032

Category: Heavy Industry Report Format : PDF Pages: 210 Report Code: ZMR-719 Published Date: Aug-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 15.73 Billion USD 28.86 Billion 6.98% 2023

Air Purification Systems Market

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Free Analysis

Air purification system is a device that purifies the air by removing contaminants and impurities in various sectors, such as industrial, commercial, and residential. Air purification system is very different from air cleaners. Air cleaners comprise a fan that makes a lot of noise, whereas air purifiers are noiseless devices.

The global air purification systems market is expected to grow rapidly growth in the next few years, owing to the increasing industrial activities and infrastructural constructions globally. Moreover, the surging health problem due to air pollution is estimated to further enhance the application of air purification systems. Additionally, rapid market growth is also observed due to swift urbanization and industrialization in emerging countries. However, high product pricing may restrain the market growth in the future. Alternatively, increasing investments and growing environmental concerns are projected to offer lucrative growth opportunities to the air purification systems market in the future.

Global Air Purification Systems Market

The global air purification systems market is classified based on product type, technology, and end-user industry. The product type segment includes fume and smoke collectors, dust collectors, vehicle exhaust, fire and emergency exhaust, mist eliminators, and others. Dust collectors are predicted to grow rapidly over the forecast time period, as they eliminate dust impurities and other allergen particles from gas or air. Additionally, it is very essential to make indoor air dust-free from impurities, which is also increasing the application of dust collectors rapidly. The technology segment includes HEPA, activated carbon, electrostatic precipitators, ionic filters, and others. The HEPA segment held the largest share of the global air purification system market and is projected to maintain its dominance in the future as well, due to the increasing use of HEPA in the industrial sector. By end-user industry, the air purification systems market includes healthcare and medical, automotive, construction, energy and utility, manufacturing, and others. The automotive segment dominated the global air purification system market and is anticipated to grow rapidly over the forecast timeframe.

By region, Asia Pacific was the largest contributor to the global air purification systems market in 2023 and accounted for around 35.2% of the market share. This regional growth can be attributed to the region’s growing construction industry and the rising urbanization and industrialization in China and India. North America is estimated to be the second-largest region in the global air purification systems market.

Some key manufacturers of the global air purification systems market are Honeywell International Inc., Air Products and Chemicals, Inc., Daikin Industries, Ltd., LG Electronics, Panasonic Corporation, Electrocorp, Sharp Corporation, 3M Company, Mann+Hummel, Fumex Inc., Clarcor Inc., Eureka Forbes, Philips Electronics, Camfil Group, and SPX Flow.

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