November 25, 2021
According to a research report titled ‘Global Air Quality Control Systems Market 2019-2028’, available with MarketStudyReport, global air quality control systems market is predicted to grow at a CAGR of 4.16% during 2019-2028.
Flourishing semiconductor as well as chemical sectors, poor air quality leading to rising prevalence of respiratory diseases, and favorable government initiatives to improve air quality are the primary growth catalysts for global air quality control systems market.
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However, huge initial investment, and soaring demand for renewable resources for power generation may hinder the industry expansion during the forecast period.
On the basis of application, the market is branched into automobiles, tunnels, air pollution control, underground garages, public transportation stations, air terminal,s and other. Based on product terrain, the industry is bifurcated into indoor air quality control systems, and ambient air quality control systems.
In terms of pollutant, global air quality control systems marketplace is categorized into dust, VOC, gas, and other. Speaking of industrial vertical, the market is classified into semiconductor, medical & pharma, agriculture, transportation, commercial & residential, mining, powertrain management, energy & power, and other.
Considering the regional outlook, the report studies industry trends across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Among these, Middle East & Africa market is expected to witness a rapid growth during the forecast period. The expansion is attributed to the growing efforts to monitor & regulate the emission levels, alongside high demand for air quality control systems in the UAE.
The key players in worldwide air quality control systems marketplace are Fujian Longking Co. Ltd., Mitsubishi Hitachi Power Systems Ltd., ESCO International, Donaldson Company Inc., ELEX AG, GEA Group AG, John Wood Group plc, Mann+Hummel International GmbH, Babcock & Wilcox Enterprises Inc., Daikin Industries Ltd., Horiba Ltd., General Electric Company, Ducon Technologies Inc., Hamon Group, and Thermax Ltd.