Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 15.73 Billion | USD 28.86 Billion | 6.98% | 2023 |
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.
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.
The study provides a crucial view of the air purification systems market based on product type, technology, end-user industry, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032. The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.
Report Attributes | Report Details |
---|---|
Report Name | Air Purification Systems Market |
Market Size in 2023 | USD 15.73 Billion |
Market Forecast in 2032 | USD 28.86 Billion |
Growth Rate | CAGR of 6.98% |
Number of Pages | 210 |
Key Companies Covered | 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. |
Segments Covered | By Product Type, By Technology, By End-User Industry and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Some of the major players in the global air purification systems market include:
This report segments the global air purification systems market into:
Global Air Purification Systems Market: Product Type Analysis
Global Air Purification Systems Market: Technology Analysis
Global Air Purification Systems Market: End-User Industry Analysis
Global Air Purification Systems Market: Regional Analysis
FrequentlyAsked Questions
The air purification systems market refers to the industry involved in producing, distributing, and marketing air purification goods such as air filters, air purifiers, and ventilation systems. The market size and growth are impacted by numerous factors such as increasing air pollution, growing health awareness, and technological breakthroughs in air purification technology.
According to a study, the global air purification systems market size was worth around USD 15.73 billion in 2023 and is expected to reach USD 28.86 billion by 2032.
The global air purification systems market is expected to grow at a CAGR of 6.98% during the forecast period.
Asia Pacific is expected to dominate the air purification systems market over the forecast period.
Leading 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, and SPX Flow., among others.
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