Global Air Purification Systems Market – Snapshot
An air purification system is a device that removes contaminants or pollutants from the air in a room. These systems are specially devised and are beneficial to allergy sufferers and asthmatics and are also used to reduce or eliminate dust, second hand tobacco smoke etc. The basic difference between an air purifier and an air cleaner is that air cleaners feature a fan which make a lot of noise and are expensive to purchase and maintain, whereas air purifiers are silent devices and require relatively less maintenance compared to air cleaners.
In terms of value, HEPA technology dominates the global air purification systems market, contributing more than 70% market share during the forecast period and anticipated to dominate the market, followed by activated carbon, electrostatic precipitator, and UV light air purifier. HEPA filter is capable of supplying 99.97% pollutant free air, trapping very minute pollutants up to 0.3 microns, due to which it is a highly preferred technology in air purification systems. Ionic air purifier is showing sluggish growth due to its major disadvantage of releasing Ozone as a by-product which is harmful and can cause respiratory disorders.
Dust collectors (exhaust filtration) remove dust impurities and other allergen particles from air or gas. There is increased demand for this type of air purification system and it will continue to dominate the market due to increasing industrial and commercial activities in different regions. The major reason for the growth of this segment is the need to make indoor air dust free from impurities. Smoke collectors are expected to be the second most lucrative segment due to increasing release of smoke through vehicles and industry activities, making it necessary to remove the pollutants from air. The others segment is projected to be moderately attractive in the next few years.
Air purification systems are widely used for industrial, residential, and commercial purposes. Industrial was the leading end-use segment during 2016 and is projected to continue dominating the market during the forecast period, contributing close to 40% of the total market share. Increasing commercial activities related to healthcare, hospitality, and tourism industry is driving the air purification systems market. Air purification systems for the commercial sector are expected to expand at a CAGR of above 8% during the forecast period.
In terms of value, Asia Pacific held the largest share of more than 30% of the global air purification systems market in 2017. The region is likely to experience the fastest growth in the next few years. Thus, it is expected to retain its dominance during the forecast period.The markets in North America and Europe are anticipated to expand at a moderate pace during the forecast period with growth of around 8% and 7% respectively. Middle East & Africa is anticipated to be the other fast-growing market for air purification systems during the forecast perioddue to rapid increase in the commercial segment. This region is expected to expand at a CAGR of between 7% and 8% during the forecast period. The global air purification systems market is projected to expand significantly in developing regions during the forecast period. Increasing industrialization and commercial activities especially in Asia Pacific and the Middle East region are responsible for driving this growth.
The global air purification systems market in developing regions is primarily driven by the increasing urbanization and industrialization especially in China and India along with the degrading air quality, followed by growing concerns regarding harmful effects of air pollution on human health in these countries. Obligation to follow strict laws pertaining to toxic emission control is also a major factor contributing to the growth of air purification systems.The global air purification systems market is fragmented with the major players accounting for less than 50% market share. Key players in the air purification systems market are Daikin Industries Ltd., Sharp Corporation, Camfil Group, Philips Electronics N.V., 3M Company, Panasonic Corporation, LG Electronics Inc., Mann+Hummel, Honeywell International Inc., Clarcor Inc., Whirlpool Corporation, SPX Flow, Eureka Forbes, Electrocorp, and Fumex Inc. among others.
Global Air Purification Systems Market: Overview
This report on the global air purification systems market provides analysis for the period 2016–2026, wherein 2017 is the base year and the period from 2018 till 2026 is the forecast period. Data for 2016 has been included as historical information. The report covers market dynamics including drivers, restraints, opportunities, trends, and technology advancements that are expected to influence the expansion of the air purification systems market during the said period. The study provides a comprehensive analysis on market growth throughout the above forecast period in terms of value estimates (US$ Mn) and volume estimates (Thousand Units) across different geographies.
Global Air Purification Systems Market: Trends and Opportunities
Air purification is a device or system which is primarily employed in industrial, commercial, and residential applications to remove or control the air contaminants and impurities from the air and to provide clean air in a room. There is a difference between an air cleaner and an air purification system. Air cleaners consist of a fan which creates noise when operated at high speed and are also costly to maintain, whereas an air purifier is a silent device and requires relatively less maintenance. Poor Indoor Air Quality (IAQ) is a major concern to schools, buildings, hospitals, and workers because it can impact the health, comfort, well-being, and productivity of occupants. Rising awareness related to ill-effects of poor IAQ and increasing infrastructure and industrial activities are the major drivers of the air purification systems market. Asia Pacific dominates the market in terms of demand. Countries such as China, Japan and South Korea are expected to be the key consumers of air purification systems. Higher prices and release of byproducts from air purifiers is anticipated to hamper the market growth.
In terms of technology, High Efficiency Particulate Air (HEPA) purifier is anticipated to be the major segment during the forecast period followed by activated carbon purifier and electrostatic precipitator. In terms of end-use, the industrial sector is expected to the major segment for air purification systems. Residential segment is the second most lucrative segment. Increase in research activities related to air purification systems is estimated to offer major opportunities to the air purification systems market in the next few years.
Global Air Purification Systems Market: Key Segments
The study provides a decisive view of the global air purification systems market by segmenting it in terms of technology, impurity, and end-use. In terms of technology, air purification systems are classified as HEPA (High Efficiency Particulate Air), Activated Carbon Purifier, Electrostatic Precipitator, UV Light Air Purifier, Ionic Air Purifier, and Others (including Kitchen Ventilation System). Based on impurity, the market is classified as oil & mist collector, smoke collector, fume extraction exhaust filtration or dust collector, and others. Further segmentation is based on end-users such as industrial, commercial, and residential. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for air purification systems in North America, Europe, Asia Pacific, Middle East & Africa, and South America. We have also included market data for the following countries: the U.S., Germany, U.K., France, China, Japan, South Korea, Saudi Arabia, South Africa, and Brazil.
Global Air Purification Systems Market: Competitive Landscape
The report includes a detailed value chain analysis, which provides a comprehensive view of the global air purification systems market. Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein technology, impurity, and end-users are benchmarked based on their market size, growth rate, and general attractiveness.
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE), National Air Filtration Association (NAFA), and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoover’s, oneSOURCE, Factiva and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market.
We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
The report comprises profiles of major companies operating in the global air purification systems market. Key players in the air purification systems market are Daikin Industries Ltd., Sharp Corporation, Camfil Group, Philips Electronics N.V., 3M Company, Panasonic Corporation, LG Electronics Inc., Mann+Hummel, Honeywell International Inc., Clarcor Inc., Whirlpool Corporation, SPX Flow, Eureka Forbes, Electrocorp, Fumex Inc. among others. These market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
The global air purification systems market is segmented as below:
Global Air Purification Systems Market, by Technology
- HEPA Purifier
- Ionic Air Purifier
- Electrostatic Precipitators
- Ultra Violet (UV) Light Purifier
- Activated Carbon Purifier
Global Air Purification Systems Market, by Impurity
- Oil &Mist Collectors
- Smoke Collectors
- Fume Extraction
- Exhaust Filtration
Global Air Purification Systems Market, by End-use
Global Air Purification Systems Market, by Geography
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Rest of South America