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

Air Purification Systems Market: Industry Perspective

The global air purification systems market size was worth around USD 15.73 Billion in 2023 and is predicted to grow to around USD 28.86 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.98% between 2024 and 2032. The report analyzes the global air purification systems market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the air purification systems industry.

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The report covers a forecast and an analysis of the air purification systems market on a global and regional level. The study provides historical information from 2018 to 2022 with a forecast from 2024 to 2032 based on revenue (USD Billion) and volume (Thousand Units). The study covers the key drivers and restraints of the air purification systems market. It also provides the impact of the market within the forecast period. Furthermore, the study also includes the opportunities accessible within the air purification systems market on a global level.

To offer the users of this report, a comprehensive view of the air purification systems market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the air purification systems market has additionally been enclosed within the study. The study includes a market attractiveness analysis, wherein all the segments are benchmarked to support their market size, rate, and general attractiveness.

The study also includes the market share of the key participants operating in the global air purification systems market. The report also covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, joint ventures, and regional growth of key players within the market on a regional basis.

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.

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Global Air Purification Systems Market: Segmentation

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.

Air Purification Systems Market: Report Scope

Air Purification Systems Market: Competitive Analysis

Some of the major players in the global air purification systems market include:

• 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
• SPX Flow

This report segments the global air purification systems market into:

Global Air Purification Systems Market: Product Type Analysis

• Dust Collectors
• Fume and Smoke Collectors
• Vehicle Exhaust
• Mist Eliminators
• Fire and Emergency Exhaust
• Others

Global Air Purification Systems Market: Technology Analysis

• HEPA
• Electrostatic Precipitators
• Activated Carbon
• Ionic Filters
• Others

Global Air Purification Systems Market: End-User Industry Analysis

• Automotive
• Construction
• Healthcare and Medical
• Energy and Utility
• Manufacturing
• Others

Global Air Purification Systems Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa