COVID19:Global Air Purification System Market is projected to reach a value of over USD 33.3 billion by 2027

Air Purification System Market: Summary

The Global Air Purification System Market is projected to reach a value of over USD 33.3 billion by 2027 at a CAGR of around 6.3%.

Air purification is a device used for private application or is utilized in business to control or prevent the air contaminants. Growing industrialization and urbanization coupled with population density in cities has resulted in the growing air pollution. These various air filtration techniques are been used to remove air pollutants from the air. They are immensely used by people who are suffering from allergies and asthmas. The difference between the air cleaner and air purifier is that air cleaner is equipped with fans which makes it noisier and comparatively expensive to maintain. While the air purification system is a silent device and requires less maintenance cost than air cleaner. Owing to its benefits of eviction of hazardous pollutants, impurities, and clean air they are largely used in industrial and residential sectors.

Air Purification System Market: Drivers & Challenges

Market Driver:

  • Rising Prevalence of Airborne Diseases

Growing industrialization coupled with rising mining and constriction activities in developing economies significantly contributes to air pollution. According to the World Health Organization (WHO), 4.2 million people are killed as a result of exposure to air pollution. Health risks of breathing polluted air results in various diseases such as respiratory infections, and cardiovascular diseases, stroke, chronic lung diseases, and lung cancer. The air population poses a major threat to health and climate has attributed industrial and commercial sectors to implement the air purification systems. Thus, the rising prevalence of airborne diseases has expected to drive market growth during the forecasted period.

Request Free Sample of Global Air Purification System Market @

https://www.forencisresearch.com/air-purification-system-market-sample-pdf/

Stringent Government Laws for Environmental Protection

Various harmful gases are been emitted into the environment causing harm to the environment. For instance, in pharmaceutical manufacturing companies, waste has been disposed into running water which may contaminate the drinking water causing serious problems to human and animal life. According to the International Energy Agency (IEA), in 2019 the global carbon dioxide emission was around 33 gigatonnes. Focusing on the air and climate pollutants largely in upstream activities such as electricity production and transportation has increased the adoption of air purification systems. Owing to which governments impose stringent regulations for the protection of harmful gases emitted from various activities. For instance, the Occupational Safety and Health Administration (OSHA), and The EPA National Emission Standard for Hazardous Air Pollutants (NESHAP) has imposed strict regulations to control and monitor emission generated from factor areas. Thus, stringent government laws to prevent the environment has expected to increase market growth.

Market Restraint:

  • High Maintenance Cost

Air Purifiers use replaceable filters that need to be replaced probably once a year which incurs extra expenses. Thus, buying air purifiers is not so expensive but with the replacement, it becomes expensive in the long run. Not changing filters periodically may hinder the functionality of purifiers. On the other hand, re-useable filters are cheap but are labor-intensive. Thus, high maintenance cost associated with changing the filter of air purifiers is one of the major factors expected to hinder the growth of the air purification market during the forecasted period.

Air Purification System Market: Key segments

  • On basis of type: Ultraviolet, High-efficiency Particulate Air (HEPA), Activated Carbon, Ionic, and Others

Consult with Analyst of Global Air Purification System Market @

https://www.forencisresearch.com/air-purification-system-market-consult-with-an-analyst/

Air Purification System Market: Report Scope

The report on the air purification system market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2018–2027

Base Year for Market Calculation

2019

Forecasted Period

2020–2027 (2020 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million), Value (Units)

Segments Included

Type, Product Type, Application, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South Africa

KEY Companies Covered

  • Daikin Industries, Ltd. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)

Request for Methodology of Global Air Purification System Market @

https://www.forencisresearch.com/air-purification-system-market-request-methodology/

Air Purification System Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Air Purification System Market, by Type

  • Ultraviolet

Air Purification System Market, by Product Type

  • Vehicle Exhaust

Air Purification System Market, by Application

  • Industrial

Air Purification System Market, by Region

  • North America

Purchase Global Air Purification System Market Premium Industry Research Report with Analysis@ https://www.forencisresearch.com/air-purification-system-market-purchase-now/

Table of Content

1 Introduction

2 Research Design & Scope

3 Executive Summary

4 Market Dynamics

5 Industry Trends — Porters Five Forces Analysis

6 Global Air Purification System Market By Type, Market Size In Usd Million & Units (2019–2027)

7 Global Air Purification System Market By Product Type, Market Size In Usd Million & Units (2019–2027)

8 Global Air Purification System Market By Application, Market Size In Usd Million & Units (2019–2027)

9 Global Air Purification System Market By Region, Market Size In Usd Million & Units (2019–2027)

10 Competitive Landscape

11 Company Profiles

12 Appendix

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

Contact Us

FORENCIS RESEARCH

Phone: +1 (720) 306 9020

Email: info@forencisresearch.com

For more market research insights, please visit https://www.forencisresearch.com

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach