the global air purification market (空気浄化市場) is estimated at US$ 41.26 billion in 2024. Worldwide revenue from the sales of air purification systems is projected to reach US$ 200.7 billion by the end of 2034. In recent years, there has been a noteworthy increase in the number of vehicles on the road, which is further projected to contribute to increased air pollution levels, thus making it difficult for people to breathe. Therefore, demand for air purification systems is rising across geographies. Further, several new players are focusing on providing more efficient technology in air purifiers. Increasing R&D activities, growing investments in product advancements, and efforts for technological up-gradation are some other key factors contributing to the rising adoption of air purification solutions.

Get Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=9847

Increasing CO₂ levels across some countries, including India and Mexico, are attributed to rising urbanization and an expanding population with minimal monitoring of rules and regulations imposed for pollution. Therefore, specific stringent regulations have been enforced to uphold air quality standards and mitigate pollution, consequently driving the adoption of air purification systems.

Key Takeaways from Market Study

• The global air purification market (Luftreinigungsmarkt) is estimated at US$ 41.26 billion in 2024.
• Global demand for air purification systems is projected to reach a valuation of US$ 200.7 billion by the end of 2034.
• The market is forecasted to expand at an exponentially high CAGR of 17.1% from 2024 to 2034.
• East Asia is forecasted to hold 40.7% share of global market revenue by the end of 2034.
• The Canadian market is projected to rise at 17.9% CAGR from 2024 to 2034.
• High-efficiency particulate air (HEPA) systems are projected to account for 37.9% share of the global market by 2034.

Demand for air purification products in the commercial sector is projected to rise at a CAGR of 17.1% and reach a market valuation of US$ 109.98 billion by the end of 2034. Growing adoption of air purification systems in several sectors, including hotels, conference rooms, shopping malls, academic facilities, theaters, and hospitals, is projected to contribute to revenue streams. In addition, many food restaurants are projected to use purifiers containing HEPA (high-efficiency particulate air) and activated carbon for the removal of harmful substances.

Key Players:

• Daiken Industries Ltd.
• American Air & Water Inc.
• Eureka Forbes Ltd.
• Honeywell International Inc.
• Hitech Ultraviolet Pvt. Ltd.
• IQAir
• Panasonic Corporation
• Koninklijke Philips N.V.
• Sharp Corp.
• LG Electronics

Competitive Landscape:

Market players are implementing various strategies, such as introducing new products, enhancing product quality, and improving supply chain efficiency, to increase their market share and expand their presence across different regions.

For example, Daikin introduced new portable air purifiers in May 2021, specifically designed to improve indoor air quality. These products were launched in the Middle East & Africa region. Koninklijke Philips N.V. launched a new line of air purifiers called "The Urban Living Series" in October 2020. These purifiers feature AeraSense and VitaShield intelligent technologies to provide superior air filtration.

Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=RC&rep_id=9847

Segmentation of Air Purification Market (공기정화시장) Research

• By Technology :
  • Activated Carbon Filtration
  • High-efficiency Particulate Air (HEPA)
  • Ionic Purification
  • Ultraviolet Germicidal Irradiation (UVGI)
• By Application :
  • Commercial
  • Residential
  • Industrial
• By Region :
  • North America
  • Europe
  • East Asia
  • Latin America
  • Middle East & Africa
  • South Asia & Oceania

About Fact.MR :

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client’s satisfaction.

Contact:

US Sales Office

11140 Rockville Pike

Suite 400 Rockville, MD 20852

United States Tel: +1 (628) 251-1583, +353-1-4434-232 (D)

Sales Team: sales@factmr.com