Albany, NY -- (SBWIRE) -- 11/01/2017 -- Air Purification is a device or system which is primarily employed in the industrial, commercial and residential application to remove or control the air contaminants, impurities from the air and to provide clean air in a room. There is a difference between air cleaner and air purification system. Air cleaner consist of fan which create noise when operate at high speed and also costly to maintain whereas air purifier is silent device and requires relatively less maintenance.
Global Air Purification Systems Market: Growth Dynamics
Poor Indoor Air Quality (IAQ) is a major concern to schools, buildings, complexes hospitals and workers because it can impact the health comfort, well-being and productivity of health occupants. Rising awareness related to ill-effects of poor IAQ and increasing infrastructure and industrial activities are the major drivers that drives the growth of air purification systems market. Asia Pacific dominates the air purification systems market in terms of demand. Countries such as China, Japan, South Korea, and India are expected to be the key consumers of air purification systems. Higher prices and release of byproduct from air purifier is anticipated to hamper the market growth.
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High Efficiency Particulate Air (HEPA) purifier is anticipated to be the major segment during the forecast period followed by activated carbon and electrostatic precipitator. In terms of end-use industrial sector is going to the major segment for air purification systems. Commercial segment is also second most lucrative segment for air purification systems market. 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: Scope of the Report
This report analyzes and forecasts the market for Air Purification Systems Market at the global and regional level. The market has been forecast based on revenue (US$ Mn) from 2016 to 2024, considering 2015 as the base year. The study includes drivers and restraints of the global Air Purification Systems market. It also covers impact of these drivers and restraints on demand for Air Purification Systems Market during the forecast period. The report also highlights opportunities in the Air Purification Systems market at the global and regional level.
The report includes detailed value chain analysis, which provides a comprehensive view of the global Air Purification Systems market. Porter's Five Forces model for the Air Purification Systems market has also been included to help understand the competitive landscape in 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.
The study provides a decisive view of the global Air Purification Systems market by segmenting it in terms of technology, impurity and end-users. In terms of technology air purification systems is classified as HEPA(High Efficiency Particulate Air), Activated Carbon, Electrostatic Precipitator, UV Light Air Purifier, Ionic Air Purifier and Others (including Kitchen Ventilation System).Based on impurity it is classified as Oil & Mist Collector, Smoke Collector, Fume Extraction, Dust collector and Others (including pollen grains etc.). 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, Latin America, and Middle East & Africa.
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Global Air Purification Systems Market: Competitive Landscape
The report comprises profiles of major companies operating in the global air purification systems market. Key players in the air purification systems market are Sharp Corporation, Panasonic Corporation, Daikin Industries, Honeywell International, Philips Electronics N.V., Electrocorp, Camfil Group, SPX Flow, Mann+Hummel,3M, LG Electronics, Clarcor Inc., Fumex Inc, Eureka Forbes. These market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments in the report.
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