June 15, 2021
According to the research report titled ‘GLOBAL Air Quality Control Systems Market 2019-2028’, available with Market Study Report, global air quality control systems market is projected to expand at 4.16% CAGR over 2019-2028.
As per the findings of the report, growing semiconductor and chemical industries is primarily stimulating global air quality control systems market growth. Moreover, low air quality has had a serious detrimental impact over the world, with an increase in the prevalence of asthma and chronic respiratory disorders, in turn, has enhanced the market demand.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/3552924/
Furthermore, surging government investments towards the development of solutions that can enhance air quality are adding considerable traction to the market development, claims the study.
Speaking of the negatives, high initial investment requisite is restraining global air quality control systems market expansion. In addition, increased demand for renewable energy for power generation is posing a challenge to the industry progression.
Middle East & Africa, North America, Latin America, Asia Pacific, and Europe are the leading contributors to the overall market growth. Among these regions, Middle East & Africa industry is projected to grow substantially over the coming years.
UAE will contribute significantly to the industry progress as air quality is one of the top objectives of the country because it has a direct impact on human health, the environment, and, as a result, on the economy as well. By 2021, the country aims to comply with 90% of WHO air quality recommendations. Therefore, various efforts are made to monitor and regulate the country's emission levels. Rising initiatives of UAE will boost demand for air quality management systems, subsequently enhancing the regional market outlook.
Top companies in global air quality control systems market sphere are Fujan Longking Co. Ltd., GEA Group AG, Mitsubishi Hitachi Power Systems Ltd., Babcock & Wilcox Enterprises Inc, Ducon Technologies Inc., General Electric Company, Daikin Industries Ltd., Hamon Group, Horiba Ltd, Thermax Ltd, Mann+Hummel International GmbH, John Wood Group PLC, Elex AG, Donaldson Company Inc., and Esco International.