Air Purification System Market, By Technology (HEPA Purifier, Ionic Air Purifier, Electrostatic Precipitators, Ultra Violet (UV) Light Purifier, Activated Carbon Purifier, and Other), By Impurity (Oil and Mist Collectors, Smoke Collectors, Fume Extraction, Exhaust Filtration, and Other), By End User (Residential, Commercial, and Industrial), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa), and Trends, Analysis, and Forecast Till 2034

Report Code: PMI55019 | Publish Date: April 2024 | No. of Pages: 178

Global Air Purification System Market Overview

Introduction

An air purification system removes contaminants from the air by purifying air. This system removes impurities as well. Air purification system plays an important role for the allergy sufferers, asthmatics by providing them clean air. This system reduces dust, pollens, mold spores, second hand tobacco smoke etc. Air purification system permanently removes pollutants from the ambient air. It primarily removes variety of contaminants such as gases and aerosol in from airborne environment.

Increasing industrialization, rising awareness related to adverse effects contaminated air, and growing incidences of allergic respiratory disorders are major factors driving growth of the air purification system market. Moreover, growing infrastructural activity and increasing technological advancement in air purification system is a factor anticipated to boost growth of the target market. However, higher costs related to air purifiers as well as release of harmful by-products from air purification are expected to restrain growth of the global market in the near future.

The air purification system market has been segmented on the basis of technology, impurity, end-user, and region.

On the basis of technology, the air purification system market is segmented into HEPA purifier, ionic air purifier, electrostatic precipitators, ultra violet (UV) light purifier, activated carbon purifier, and other. The HEPA purification technology segment is anticipated to dominate the target market in the near future. Activated carbon technology segment is followed by HEPA segment, owing to its high efficiency in removing particulate matter along with odor. Based on impurity the target market is segmented into oil and mist collector, smoke collector, fume extraction, exhaust filtration, and other. Impurity system removes solid granule pollutants from exhaust gases before venting to the outer atmosphere. The exhaust filtration segment is expected to dominate the target market over the forecast period due to increasing infrastructure and industrial activities across the globe. On the basis of end user the air purification system market is segmented into residential, commercial, and industrial. The industrial end user segment is anticipated to dominate in the target market over the forecast period.

On the basis on region the global air purification system is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America is expected to dominate in the target market in terms of revenue over the forecast period due to increasing number of technological advancements in air purification system in this region. The Asia Pacific market is expected to the second-highest revenue share in the air purification system market owing to rapid industrialization in the region in the near future.

Key players operating in the global air purification market are Honeywell International Inc., 3M Company, Sharp Corporation, Daikin Industries, Ltd., Air Products and Chemicals, Inc., Clean TeQ Holdings Limited, Alfa Laval AB, SPX Corporation, Mann Hummel International GmbH & Co KG, and Clarcor Inc.

Global Air Purification System Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Technology
      • Market Snippet, By Impurity
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Technology, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • HEPA Purifier
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Ionic Air Purifier
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Electrostatic Precipitators
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Ultra Violet (UV)
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Light Purifier
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Activated Carbon Purifier
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Market Segmentation, By Impurity , Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Oil and Mist Collectors
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Smoke Collectors
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Fume Extraction
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Exhaust Filtration
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Market Segmentation, By End User , Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Residential
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Commercial
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Industrial
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Impurity , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End User , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Impurity , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End User , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Impurity , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End User , Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Impurity , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End User , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Impurity , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End User , Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • 3M Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sharp Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Daikin Industries, Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Air Products and Chemicals, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Clean TeQ Holdings Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Alfa Laval AB
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SPX Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mann Hummel International GmbH & Co KG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Clarcor Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The air purification system market has been segmented on the basis of technology, impurity, end-user, and region.

The Magnetic Ink Character Recognition (MICR) Device Market is witnessing trends such as the integration of MICR technology in advanced printing systems, the development of compact and high-speed MICR devices, and the increasing demand for secure and efficient check and document processing.

Key factors driving the MICR Device Market include the continued use of checks in financial transactions, the need for accurate and fast document processing, and regulatory requirements for secure and standardized payment systems.

North America is expected to dominate the Magnetic Ink Character Recognition Device Market, driven by a mature banking sector, high adoption of MICR technology in financial institutions, and stringent regulatory standards for secure payment processing in the region.

Key players operating in the air purification market are Honeywell International Inc., 3M Company, Sharp Corporation, Daikin Industries, Ltd., Air Products and Chemicals, Inc., Clean TeQ Holdings Limited, Alfa Laval AB, SPX Corporation, Mann Hummel International GmbH & Co KG, and Clarcor Inc.