FEATURED COMPANIES
- Donaldson CompanyInc.
- ELEX AG
- GE Power
- HAMON Group
- Thermax Ltd.
The global air quality control systems market was valued at $94,697.2 million in 2018, and is projected to reach $144,091.2 million by 2026, growing at a CAGR of 5.2%. Air quality is a vital aspect that needs to be conserved for both indoors and outdoors. The contaminated and harmful pollutants can result in adverse health effects. The industries such as cement manufacturing, chemical processing, power generation, semiconductor manufacturing, automotive, energy, oil and gas, agriculture and others, produce pollutants that require air quality control systems to control emission of gaseous pollutants in the atmosphere.
The key factor that drives the growth of global air quality control systems market is the demand for air filtration systems from the increasing medical and pharmaceutical industries. Furthermore, surge in awareness about the effects of air pollution on health and well-being of the population is propelling the demand for air quality control systems. Moreover, rules and regulations such as the Environmental Protection Law and the Vehicle Air Pollution Control Act, imposed by several governments for controlling emission & air pollution for environment protection are projected to offer remunerative opportunities for the market. On the contrary, the high initial investments and operating costs of the systems are anticipated to restrain the market.
The global air quality control systems market is segmented based on product, application, end-user industry, pollutant type, and region. Depending on product, the market is divided into indoor and ambient. The ambient segment is anticipated to dominate the global air quality control systems market throughout the study period. The applications covered in the market include tunnels, air terminals, underground garages, public transportation systems, air pollution control, automobile, and others. The air pollution control segment is expected to lead the market during the forecast period.
On the basis of pollutant type, the market is segregated into gas, VOC, dust, and others. The gas type is estimated to hold a major share of the global air quality control systems market throughout the study period. By end-user industry, the market is categorized into powertrain management, energy & power, mining, agriculture, semiconductor, medical & pharma, commercial & residential, transportation, and others. The energy & power segment is expected to dominate the market during the forecast period. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS BY PRODUCT TYPE
BY POLLUTANT TYPE
BY END-USER INDUSTRY
BY APPLICATION
BY GEOGRAPHY
o Canada
o Mexico
o UK
o France
o Italy
o Russia
o Rest of Europe
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
o Middle East
o Africa
KEY PLAYERS
The key factor that drives the growth of global air quality control systems market is the demand for air filtration systems from the increasing medical and pharmaceutical industries. Furthermore, surge in awareness about the effects of air pollution on health and well-being of the population is propelling the demand for air quality control systems. Moreover, rules and regulations such as the Environmental Protection Law and the Vehicle Air Pollution Control Act, imposed by several governments for controlling emission & air pollution for environment protection are projected to offer remunerative opportunities for the market. On the contrary, the high initial investments and operating costs of the systems are anticipated to restrain the market.
The global air quality control systems market is segmented based on product, application, end-user industry, pollutant type, and region. Depending on product, the market is divided into indoor and ambient. The ambient segment is anticipated to dominate the global air quality control systems market throughout the study period. The applications covered in the market include tunnels, air terminals, underground garages, public transportation systems, air pollution control, automobile, and others. The air pollution control segment is expected to lead the market during the forecast period.
On the basis of pollutant type, the market is segregated into gas, VOC, dust, and others. The gas type is estimated to hold a major share of the global air quality control systems market throughout the study period. By end-user industry, the market is categorized into powertrain management, energy & power, mining, agriculture, semiconductor, medical & pharma, commercial & residential, transportation, and others. The energy & power segment is expected to dominate the market during the forecast period. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global air quality control systems market, and current & future trends to elucidate the imminent investment pockets.
- Information about the key drivers, restraints, and opportunities and their impact on the market is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the market from 2018 to 2026 is provided to determine the market potential.
KEY MARKET SEGMENTS BY PRODUCT TYPE
- Indoor
- Ambient
BY POLLUTANT TYPE
- Gas
- VOC
- Dust
- Others
BY END-USER INDUSTRY
- Powertrain Management
- Energy & Power
- Mining
- Agriculture
- Semiconductor
- Medical & Pharma
- Commercial & Residential,
- Transportation
- Others
BY APPLICATION
- Tunnels
- Air Terminals
- Underground Garages
- Public Transportation Stations
- Air Pollution Control
- Automobile
- Others
BY GEOGRAPHY
- North America
o Canada
o Mexico
- Europe
o UK
o France
o Italy
o Russia
o Rest of Europe
- Asia-Pacific
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
- LAMEA
o Middle East
o Africa
KEY PLAYERS
- Babcock & Wilcox Enterprises, Inc.
- Daikin Industries Ltd.
- Donaldson Company, Inc.
- ELEX AG
- GE Power
- GEA Group Aktiengesellschaft
- HAMON Group
- MANN+HUMMEL Intern. GmbH & Co. KG
- Mitsubishi Hitachi Power Systems, Ltd (MHPS)
- Thermax Ltd.
Frequently Asked Questions about the Global Air Quality Control Systems Market
What is the estimated value of the Global Air Quality Control Systems Market?
What is the growth rate of the Global Air Quality Control Systems Market?
What is the forecasted size of the Global Air Quality Control Systems Market?
Who are the key companies in the Global Air Quality Control Systems Market?
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Donaldson CompanyInc.
- ELEX AG
- GE Power
- HAMON Group
- Thermax Ltd.
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Air Quality Control System Market, By Product Type
Chapter 5: Air Quality Control System Market, By End-User Industry
Chapter 6: Air Quality Control System Market, By Application
Chapter 7: Air Quality Control System Market, By Pollutant Type
Chapter 8: Air Quality Control System Market, By Region
Chapter 9: Company Profiles
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Donaldson CompanyInc.
- ELEX AG
- GE Power
- HAMON Group
- Thermax Ltd.
According to the report titled, 'Air Quality Control Systems Market by Product Type, Pollutant Type and End User Industry: Global Opportunity Analysis and Industry Forecast, 2019-2026,' the air quality control systems market size was $94,697.2 million in 2018 and is projected to reach $144,091.2 million by 2026, growing at a CAGR of 5.2%. The ambient segment garnered over three-fifths of the share in 2018, and is expected to exhibit significant growth during the air quality control systems market forecast period.
Air quality control systems are used to maintain the air quality, which needs to be maintained both indoors and outdoors. The harmful and contaminated pollutants released from industries such as cement manufacturing, chemical processing, power generation, semiconductor manufacturing, automotive, energy, oil and gas, agriculture and others, can result in adverse health effects. The air quality control systems (AQCS), thus, offer solutions for controlling and handling of air, gases, and contaminants to provide cleaner air discharge. The market is primarily driven due to growth in awareness about the effects of air pollution on the health and well-being of the population. Moreover, rise in demand for air filters from the medical and pharma industries is driving the growth of the market. However, high investments and operation costs are expected to restrain the market of air quality control systems.
There is a high demand for air quality control products such as air-scrubbers and electrostatic precipitators, from the fast-emerging economies such as India and China, owing to the growth in industrialization and urbanization in these nations. The establishment of manufacturing industries and the laws enacted by government for emission control can fuel the adoption rate of air quality control systems. For instance, China renewed its action plan in 2018 for controlling air pollution until 2020. This includes emission control for industries and transportation sectors.
This report discusses various aspects of the global air quality control systems industry. In recent times, various air quality control products such as air filters are being used in the pharmaceutical and transportation industries. Based on product, the ambient segment is expected to account for the largest share in the market during the forecast period. This is attributed to increased demand from various industries such as agriculture, oil & gas, and mining & powertrain management.
By application, the air pollution control segment is expected to account for the maximum share during the forecast period. This is attributed to huge demand for air quality control systems from various end-user industries such as power generation, cement industry, and others. Depending on end-user industry, the energy & power segment is expected to dominate the market throughout the study period. This is attributed to surge in need for air quality control systems to control the discharge of VOCs and gaseous pollutants. Region wise, Asia-Pacific the most productive segment in the air quality control systems market. This is attributed to the fact that numerous domestic competitors are expanding their business in China and India, due to enhancing product portfolios, expanding geographical reach, and growing customer base.
Key Findings of the Air Quality Control Systems Market :
Based on application, the air pollution control segment was the largest revenue contributor in 2018.
By end-user industry, the energy & power segment generated the highest revenue in 2018 and is projected to grow at a significant CAGR from 2019 to 2026.
Depending on product type, the indoor segment is expected to grow at the fastest rate.
As per pollutant type, the dust segment is projected to grow at a significant CAGR during the forecast period.
China accounted for over 40% share of the Asia-Pacific air quality control systems market in 2018
The key players in the global air quality control systems market adopted product launch and product development as their key strategies to cater to the increasing consumer demands. Furthermore, they launched energy-effective air quality control systems of different types and capacities to strengthen their market position. The key players profiled in this report include Babcock & Wilcox Enterprises, Inc., Daikin Industries Ltd., Donaldson Company, Inc., ELEX AG, GE Power, GEA Group Aktiengesellschaft, MANN+HUMMEL, Mitsubishi Hitachi Power Systems, Ltd, S.A. HAMON, and Thermax Ltd.
Air quality control systems are used to maintain the air quality, which needs to be maintained both indoors and outdoors. The harmful and contaminated pollutants released from industries such as cement manufacturing, chemical processing, power generation, semiconductor manufacturing, automotive, energy, oil and gas, agriculture and others, can result in adverse health effects. The air quality control systems (AQCS), thus, offer solutions for controlling and handling of air, gases, and contaminants to provide cleaner air discharge. The market is primarily driven due to growth in awareness about the effects of air pollution on the health and well-being of the population. Moreover, rise in demand for air filters from the medical and pharma industries is driving the growth of the market. However, high investments and operation costs are expected to restrain the market of air quality control systems.
There is a high demand for air quality control products such as air-scrubbers and electrostatic precipitators, from the fast-emerging economies such as India and China, owing to the growth in industrialization and urbanization in these nations. The establishment of manufacturing industries and the laws enacted by government for emission control can fuel the adoption rate of air quality control systems. For instance, China renewed its action plan in 2018 for controlling air pollution until 2020. This includes emission control for industries and transportation sectors.
This report discusses various aspects of the global air quality control systems industry. In recent times, various air quality control products such as air filters are being used in the pharmaceutical and transportation industries. Based on product, the ambient segment is expected to account for the largest share in the market during the forecast period. This is attributed to increased demand from various industries such as agriculture, oil & gas, and mining & powertrain management.
By application, the air pollution control segment is expected to account for the maximum share during the forecast period. This is attributed to huge demand for air quality control systems from various end-user industries such as power generation, cement industry, and others. Depending on end-user industry, the energy & power segment is expected to dominate the market throughout the study period. This is attributed to surge in need for air quality control systems to control the discharge of VOCs and gaseous pollutants. Region wise, Asia-Pacific the most productive segment in the air quality control systems market. This is attributed to the fact that numerous domestic competitors are expanding their business in China and India, due to enhancing product portfolios, expanding geographical reach, and growing customer base.
Key Findings of the Air Quality Control Systems Market :
Based on application, the air pollution control segment was the largest revenue contributor in 2018.
By end-user industry, the energy & power segment generated the highest revenue in 2018 and is projected to grow at a significant CAGR from 2019 to 2026.
Depending on product type, the indoor segment is expected to grow at the fastest rate.
As per pollutant type, the dust segment is projected to grow at a significant CAGR during the forecast period.
China accounted for over 40% share of the Asia-Pacific air quality control systems market in 2018
The key players in the global air quality control systems market adopted product launch and product development as their key strategies to cater to the increasing consumer demands. Furthermore, they launched energy-effective air quality control systems of different types and capacities to strengthen their market position. The key players profiled in this report include Babcock & Wilcox Enterprises, Inc., Daikin Industries Ltd., Donaldson Company, Inc., ELEX AG, GE Power, GEA Group Aktiengesellschaft, MANN+HUMMEL, Mitsubishi Hitachi Power Systems, Ltd, S.A. HAMON, and Thermax Ltd.
Note: Product cover images may vary from those shown
- Mitsubishi Hitachi Power Systems Ltd. (MHPS)
- Donaldson CompanyInc.
- Babcock & Wilcox EnterprisesInc.
- ELEX AG
- GEA Group Aktiengesellschaft
- HAMON Group
- Thermax Ltd.
- GE Power
- Daikin Industries Ltd. MANN+HUMMEL Intern. GmbH & Co. KG
Note: Product cover images may vary from those shown
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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