Technavio has been monitoring the air purification systems market and it is poised to grow by $7.18 bn during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Air Purification Systems Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., Air Products and Chemicals Inc., Daikin Industries Ltd., Honeywell International Inc., LG Electronics Inc., MANN+HUMMEL, Panasonic Corp., Koninklijke Philips NV, Sharp Corp., and Whirlpool Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The growing automotive market has been instrumental in driving the growth of the market. However, regular maintenance of air purification systems might hamper market growth.
Air Purification Systems Market 2020-2024: Segmentation
Air Purification Systems Market is segmented as below:
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End-user
- Automotive
- Construction
- Industries
- Healthcare
- Others
-
Geography
- APAC
- North America
- Europe
- MEA
- South America
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Air Purification Systems Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our air purification systems market report covers the following areas:
- Air Purification Systems Market size
- Air Purification Systems Market trends
- Air Purification Systems Market industry analysis
This study identifies the growing adoption of green buildings as one of the prime reasons driving the air purification systems market growth during the next few years.
Air Purification Systems Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the air purification systems market, including some of the vendors such as 3M Co., Air Products and Chemicals Inc., Daikin Industries Ltd., Honeywell International Inc., LG Electronics Inc., MANN+HUMMEL, Panasonic Corp., Koninklijke Philips NV, Sharp Corp., and Whirlpool Corp. Backed with competitive intelligence and benchmarking, our research reports on the Air Purification Systems Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Air Purification Systems Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist air purification systems market growth during the next five years
- Estimation of the air purification systems market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the air purification systems market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of air purification systems market vendors
Table Of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Automotive – Market size and forecast 2019-2024
- Construction – Market size and forecast 2019-2024
- Industries – Market size and forecast 2019-2024
- Healthcare – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by End-user
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 3M Co.
- Air Products and Chemicals Inc.
- Daikin Industries Ltd.
- Honeywell International Inc.
- LG Electronics Inc.
- MANN+HUMMEL
- Panasonic Corp.
- Koninklijke Philips NV
- Sharp Corp.
- Whirlpool Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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