Air Purification System Market: Air Purifier is a system that filters the air in an area and effectively reduces potential air pollution within that area. It works by cleaning the air to a point where the contaminant level stabilizes to a new reduced level. The most of air purification devices will remove some of the particles from the indoor air, and certain types of pollutants, such as very fine particles, bacteria and viruses, carbon monoxide, radon, odours, and some allergens such as those from roaches and pets. Air purification system are available as portable, stand-alone appliances or as filters or air cleaners in a central air system.
Rising awareness related to adverse effects contaminated air, rising incidence of allergic respiratory disorder, change in lifestyle, rapid urbanization, population growth, high regulatory standards set by government of various developed countries such as US, UK etc., increase in research activities related to air purification systems, increasing infrastructure and industrial activities are the factors boosting the growth of global air purification system. Release of harmful by-product for air purification system and higher cost related to air purifiers are the major challenge restricting higher adoption of air purification system.
The consumers are steadily moving toward urban living, which is witnessed in developed markets in North America and Europe and rapid economic growth and urbanization of developing economies. Both of these factors are likely to fuel consumer concern for the quality of the air they breathe, which is lead fuelling the global air purification market.
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The global air purification system market report has been segmented on the technology, end user and region. The market in North America is estimated to dominate the global air purification system market, owing to increase in research & development expenses for advanced air purification system in this region. Asia Pacific air purification system market is expected to register highest market growth, owing to the high pace of industrialization and use of technology in end-user verticals in the region
Prominent market players in global air purification market are, LG Electronics Ltd, Alfa Laval AB, SPX Corporation, Parker Hannifin, Clarcor Inc., Daikin Industries, Ltd., Air Products and Chemicals, Inc., Honeywell International Inc., 3M Company, and Sharp Corporation