Global Air quality control systems market

Air quality is an essential factor that needs to be maintained due to its toxic and harmful pollutants causing negative health effects. These toxic pollutants consist of emissions from activities like chemical processing, cement manufacturing, power generation, oil and gas refining, etc. The reduction of exhaust gases from these industries is extremely necessary. Air quality control systems provide solutions for gases and pollutants treatment and begin the release of clean air. Increasing demand for power and rapid industrialization has increased the emission of toxic pollutants, and exhaust gases, hence generating a huge demand for these air quality systems. Additionally, the government and other regulatory bodies are planning to implement strict regulations to reduce the emission effectively from these industries. According to the press information bureau India, In 2019, the government has launched National Clean Air Programme (NCAP) as a time-bound, long-term national-level plan to control the air pollution problem in the country in a complete manner with the objective to achieve 20% to 30% decrease in particulate matter concentration by 2024 keeping the base year like 2017 for the assessment of concentration. Moreover, as per the IQAir report, air pollution is prevailing in India, researchers say it can kill more than 1 million people in the country each year. On average its cities go beyond World Health Organization standards for particulate pollution (PM2.5) in the atmosphere by 500%. However, the emergence of alternate and renewable sources of energy for industrial development is the factor, restraining the market growth over the forecast period of 2020-2027.

The Global Air quality control systems market is valued at approximately USD 78 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.8 % over the forecast period 2020-2027 and is estimated to reach USD 122.5 billion by 2027.

The regional analysis of the structured cabling market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia pacific is expected to dominate the market share during the forecast period due to growing construction and industrialization activities in the region. Also, Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the increase in the automotive industry in the region are anticipated to help in the market growth of the air quality control systems market in the Asia-Pacific region.

Major market players included in this report are Thermo Fisher Scientific, Emerson Electric, General Electric, Siemens AG, Teledyne Technologies, PerkinElmer Inc, Agilent Technologies Inc, Spectris plc, Honeywell International, and Horiba Ltd.

The detailed segments and sub-segment of the market are explained below:

By End User Industry: Power Generation Industry, Cement Industry, Iron and Steel Industry, Others

By Technology: Electrostatic Precipitators (ESP), Flue Gas Desulfurization (FGD), Scrubbers, Others

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Bizwit Research & Consulting LLP