Air Quality Control System Market Size Worth $141.36 Billion by 2032 | CAGR: 6.2%

Air Quality Control System Market Size Worth $141.36 Billion by 2032 | CAGR: 6.2%

The global air quality control system market size is expected to reach USD 141.36 billion by 2032, according to a new study by Polaris Market Research. The report “Air Quality Control System Market Size, Share & Trends Analysis Report by Product Type (Indoor, Outdoor), By Pollutant (Physical, Chemical), By Component, By End Use (Industrial, Commercial), And Segment Forecasts, 2019 – 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Rising atmospheric pollution levels and stringent government standards and regulations for pollution control are likely to have an impact on product demand. In addition, there has been a substantial rise in recent years in the number of respiratory illnesses brought on by air pollution that result in fatalities. As a result, demand for the merchandise will rise.

Air pollution poses a threat to the stability of the ecosystem. It has a big impact on the environment, contributing to things like global warming, acid rain, and a rise in toxicity, among other things. Due to rising demands for workplace safety, air quality control devices are being used more frequently in industries like manufacturing, the automotive, and oil and gas. Accidents like the Bhopal gas leak tragedy and the Aliso Canyon disaster have raised public awareness of the importance of keeping an eye on the presence of pollutants in the atmosphere.

In recent years, there have been numerous partnerships between governmental and private organizations. Major companies like Honeywell International Inc. and Intel Corporation collaborate with governments from all over the world to protect the environment. The objective of these partnerships is to create sensor networks and intelligent systems for monitoring air and water quality. The Metropolitan Washington Council of Governments, in conjunction with the Maryland Department of Transportation, the Baltimore Metropolitan Council, and WGL Holdings, Inc., created the Clean Air Partners in accordance with the Clean Air Act.

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The COVID-19 pandemic's worldwide shutdown of a number of industries and power plants has had a detrimental impact on the market for industrial air quality control systems. Three major factors are mainly driving the market: growing consumer awareness, stringent regulations governing air quality control, and growing public awareness of health risks. However, the development of emission-free renewable and alternative energy sources as well as the high expense of installing an air quality management system are expected to limit market growth.

Air Quality Control System Market Report Highlights

  • Based on the type of product, the market has been split into interior and outdoor Control systems. The outdoor sector dominated the market in 2022 as a result of increased attempts to integrate these systems with other smart city infrastructure, such as smart poles, traffic systems, and streetlight options.
  • Based on the pollutants, the industry has been split into chemical and physical sectors. The chemical industry dominated the market in 2022 as a result of increasing vehicle emissions, which include risky pollutants like carbon monoxide. Based on chemical contaminants, the industry has been segmented for nitrogen oxides (NOX), sulphur oxides (SOX), carbon oxides (COX), volatile organic compounds (VOCs), and others.
  • Based on end use, the business has been split into residential, commercial, and industrial segments. The industrial sector had the largest share in 2022 and is expected to expand at the highest CAGR over the forecast period. A rising number of industries are adopting air quality Control devices as a result of stringent government regulations, which is to blame for the growth of the industrial sector.
  • In the market, North America still holds a dominant place. The region's rising acid rain levels, which have caused 90% of North American waters to be acidic, can be blamed for this. Governments have reacted by mandating strict air quality oversight, which will promote market growth. Furthermore, the presence of proven distribution channels used by leading manufacturers promotes market expansion.
  • Some of the top market participants, including 3M, Emerson Electric Co., General Electric Company, HORIBA, Ltd., Merck, Siemens AG, Teledyne Technologies Incorporated, and Thermo Fisher Scientific, Inc., are merging and acquiring one another.

Polaris Market Research has segmented the Air Quality Control System Market report based on pollutant, product type, end-use and region:

Air Quality Control System, Pollutant Outlook (Revenue - USD Billion, 2019 - 2032)

  • Chemical
  • Physical

Air Quality Control System, Product Outlook (Revenue - USD Billion, 2019 - 2032)

  • Indoor
  • Outdoor

Air Quality Control System, End-use Outlook (Revenue - USD Billion, 2019 - 2032)

  • Residential
  • Commercial
  • Industrial

Air Quality Control System, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa