Air Quality Control Systems Market Outlook - 2026
The Global Air Quality Control Systems Market size 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 control systems deal with solutions used for reducing the harmful contaminants from the ambient and indoor air. The pollutants are let out by manufacturing industries such as power generation plants, automotive, mining, medical, and pharmaceutical among many others. Thus, the air quality control systems (AQCS) offer solutions for controlling and handling of air, gases, and contaminants to provide cleaner air discharge. Air quality control systems include use of air filters, scrubbers, electrostatic precipitators, and other products for maintaining the quality of air.
Growth in awareness about the effects of air pollution on health among the population boosts the popularity of air quality control systems. The major air quality control systems market players are trying to improve their product portfolios to eliminate the fine dust, bacteria, and other harmful elements from not only the commercial and residential indoor spaces, but also improve the overall air quality in the outdoor atmospheres. These factors are propelling the growth of the air quality control systems market. Furthermore, the rise in demand for air filtration systems from the growing medical and pharmaceutical industries is also driving the demand for global air quality control systems. Moreover, the declining air quality across the globe owing to growth in industrialization and urbanization, has become an important issue. Hence, economies such as China, India, and others are focusing toward air pollution control. Thereby, driving the overall air quality control systems market. On the contrary, the high initial investments and operating costs of the systems are expected to restrain the market. Moreover, the power generation industries are eliminating the use of coal power plants, which are the majority users of air filtration systems to prevent the release of fly ash. Thus, the decline in number of coal power plants is hindering the growth of the air quality control systems market during forecast period.
On the other hand, technological advancements by the manufacturers have increased the demand for air quality control systems. For instance, the company S.A. Hamon provides various advanced fabric filter technologies such as high-pressure pulse jet fabric filters, reactor fabric filters, medium-pressure pulse jet fabric filters, and low-pressure high-volume fabric filters (LPHV), which can operate without utilizing a compressor and can be used for large utilities. Moreover, the governments have formulated stringent laws for maintaining the air quality standards. This can create numerous opportunities for the air quality control systems market growth during the forecast period.
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. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is anticipated to dominate the global air quality control systems market throughout the forecast period.
Competitive Analysis
Competitive analysis and profiles of the major air quality control systems market players, such as Mitsubishi Hitachi Power Systems, Ltd (MHPS), Donaldson Company, Inc., Babcock & Wilcox Enterprises, Inc., ELEX AG, GEA Group Aktiengesellschaft, HAMON Group, Thermax Ltd., GE Power, Daikin Industries Ltd. and MANN+HUMMEL Intern. GmbH & Co. KG are provided in this report. The key strategies adopted by these players from 2017 to 2019 were product launch, acquisition, business expansion, and product developments.
Key Benefits for Air Quality Control Systems Market:
- The report provides an extensive analysis of the current & emerging global air quality control systems market trends and dynamics.
- In-depth analysis is conducted by constructing market estimations for the key market segments between 2019 and 2026.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all regions is provided to determine the prevailing opportunities in these geographies.
- Key market players within the air quality control systems market are profiled in this report, and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the global air quality control systems market.
Air Quality Control Systems 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
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- 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.
Air Quality Control Systems Market Report Highlights
Aspects | Details |
By PRODUCT TYPE |
|
By END-USER INDUSTRY |
|
By APPLICATION |
|
By POLLUTANT TYPE |
|
By Region |
|
Key Market Players | DAIKIN INDUSTRIES, LTD., DONALDSON COMPANY, INC., MANN+HUMMEL INTERN. GMBH & CO. KG, GEA GROUP AKTIENGESELLSCHAFT, BABCOCK & WILCOX ENTERPRISES, INC., HAMON GROUP, ELEX AG, GENERAL ELECTRIC COMPANY, MITSUBISHI HITACHI POWER SYSTEMS, LTD., THERMAX LIMITED |
Analyst Review
Indoor as well as outdoor air quality is a vital aspect to be maintained to protect humans from the hazardous health effects of contaminated pollutants. These pollutants release harmful exhaust gases such as NOx, SOx, dust, and others from cement manufacturing, power generation, chemical processing, automotive, semiconductor manufacturing, mining, energy, agriculture, and oil & gas. Hence, air quality control systems (AQCS) offer solutions to control and curtail the emission of gases and contaminants.
The demand for air quality control systems has increased owing to rise in the manufacturing industries as well as surge in mining activities globally. Improved efficiency and high durability are some of the major drivers for this market. However, the high installation cost and operation costs impede the growth of this market. In the near future, there is expected to be an increase in demand for air quality control systems owing to rise in air pollution and stringent government regulations. These factors are expected to create lucrative opportunities for the key players operating in the air quality control systems market.
In addition, the air quality control systems market holds high potential in the HVAC and transportation industry. The present business scenario encounters rapid growth in air filters leading to the readiness to accept this technology, chiefly in the advanced regions such as North America and Europe. Businesses in this market implement several state-of-the-art techniques to provide customers with advanced and innovative features.
Leading companies, such as GEA, MHPS, and others, have witnessed significant growth and expansion of their overall consumer base, as they offer numerous types of air quality control systems, in different sizes, capacities, and functions in the past few years. Moreover, innovative marketing and positioning strategies have influenced the expansion of the global air quality control systems market size.
Factors such as the rise in several industries and an increase in awareness regarding health hazards caused because of air pollution
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%.
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The Asia-Pacific region will provide more business opportunities for the air quality control systems market in the future.
Due to the rise in awareness among people toward air pollution. Moreover, the present business scenario experiences rapid growth in the adoption of air filters
Based on top growing big corporation, we select top 10 players.
The applications of air quality control systems market are air quality control systems, including tunnels, air terminals, underground garages, etc.
Product launch is the key growth strategies of air quality control systems market players.
By product type, the ambient segment had a maximum share in 2018, and is expected to exhibit significant growth during the forecast period.
The global air quality control systems market was valued at $94,697.2 million in 2018.
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