The Global Air Purification Equipment Market Report by The Business Research Company covers air purification equipment market drivers and restraints, air purification equipment market size, major players, and the impact of COVID-19 on the air purification equipment market.
The air purification equipment market consists of sales of air purification equipment by entities (organizations, sole traders, and partnerships) that produce air purification equipment which is used for removing contaminants from the air in a room to improve indoor air quality. Only goods and services traded between entities or sold to end consumers are included.
Increasing health problems due to air pollution is projected to boost the demand for the air purification equipment market. The global air purification equipment market is expected to grow from $59.42 billion in 2020 to $61.73 billion in 2021 at a compound annual growth rate (CAGR) of 3.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $87.6 billion in 2025 at a CAGR of 9.1%.
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Some air purification equipment market trends include partnerships and collaborations by the industry players. Major companies are strategically acquiring start-ups and mid-sized companies in the air purification market to broaden products and services offered by the company. Strategic collaborations and partnership agreements help companies to expand their existing product portfolio and geographical reach.
Global air purification equipment market segments include:
1) By Product Type: Stand-Alone Air Purification Equipment, Induct Air Purification Equipment.
2) By End User: Residential, Commercial, Industrial.
3) By Technology: HEPA, Electrostatic Precipitators, Activated Carbon, Ionic Filters, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Air Purification Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides air purification equipment market overviews, analyzes and forecasts market size, share, air purification equipment market players, air purification equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The air purification equipment identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Air Purification Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Daikin Industries Ltd., Sharp Corporation, Camfil Group, Philips Electronics N.V., LG Electronics Inc., Panasonic Corporation, 3M Company, Mann+Hummel, Honeywell International Inc., Clarcor Inc., Whirlpool Corporation, SPX Flow, Eureka Forbes, Electrocorp, Fumex Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The air purification equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The air purification equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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