The Air Purification System Market - Global Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, business strategies, research & development activities, supply chain analysis, competitive landscape, and market composition analysis.
The global air purification system market size was estimated to be US$ 9.1 billion in 2019 and is expected to reach US$ 31 billion by 2030 at a CAGR of 11.8% during 2020 and 2030. The air purification systems are gaining widespread adoption worldwide to ensure healthy air quality and prevention against air borne diseases. An air purification system consists of fans and disinfectant mechanism. It takes in the air from its surrounding, removes the harmful particles suspended in air such as pollen, dust, and bacteria and circulated the air into the surrounding. It also helps in removing odour and smoke from a confined space. With increasing air pollution levels, the quality of indoor air has deteriorated significantly, thereby increasing the incidences of allergies and infectious diseases. The air purification systems have emerged as a convenient solution to improve indoor air quality and are gaining popularity across the urban communities. The air purification system manufacturers are focusing on development of affordable and efficient systems to expand market presence through volume adoption across low income and mid income countries. The development of high volume air purification systems for purification of industrial effluents is gaining momentum across key countries, which is anticipated to escalate market growth in coming years. The global air purification system market is expected to grow significantly during the forecast period.
