The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increasing health problems due to air pollution are expected to drive innovation in air purification equipment manufacturing, thus driving the market during the forecast period.

The global air purification equipment market is expected to grow from $60.75 billion in 2022 to $66.1 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The global air purification equipment market size is expected to grow to $89.05 billion in 2027 at a CAGR of 7.7%.

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Global Air Purification Equipment Market Segments Include:

• By Product Type: Stand-Alone Air Purification Equipment, Induct Air Purification Equipment
• By Technology: HEPA, Electrostatic Precipitators, Activated Carbon, Ionic Filters, Other Technologies
• By End User: Residential, Commercial, Industrial
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global air purification equipment market in 2021.

Major Market Players in the air purification equipment market include Daikin Industries Ltd., Sharp Corporation, Camfil Group, Philips Electronics N.V, LG Electronics Inc., Panasonic Corporation.

Partnerships and collaborations by the industry players are gaining popularity in the air purification equipment market. Major companies are strategically acquiring start-ups and mid-sized companies in the air purification market to broaden the products and services offered by the company. Strategic collaborations and partnership agreements help companies to expand their existing product portfolio and geographical reach. For instance, in May 2022, ScentAir partnered with HealthWay to introduced DFS Compact and DFS Ultrafine, an innovative air purification system that combines HealthWay’s patented Disinfecting Filtration System technology with ScentAir’s service. The DFS Compact and DFS Ultrafine are fully portable in-room solutions for providing pure air.

The Air Purification Equipment Global Market Report 2023  provides a air purification equipment market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The air purification equipment market forecast analyzes air purification equipment market size, air purification equipment market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The air purification equipment refers to a device used for removing contaminants from the air in a room to improve indoor air quality.

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