Air Purification Systems Market Growth Boosted by the Growing Automotive Market | Technavio

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LONDON–The global air purification systems market is expected to grow at a CAGR of close to 6% from 2017-2021, according to a new market research report by Technavio.

Global air purification systems market segmentation by technology and end-user

Technavio’s report on the global air purification systems market analyses the business dimensions and presents a comprehensive breakdown in terms of market segmentation by product type, including high-efficiency particulate air (HEPA), electrostatic precipitator, ozone generator, and others (activated carbon, pre-filters, ionic filters, and ultraviolet light air filters). High-efficiency particulate air is expected to account for the highest growth in the global air purification systems market as it is a highly effective technology and removes nearly 99.97% of the particles such as allergens, pollen, dust, dander, and other contaminants that pass through the filter.

Based on end-user, the global air purification systems market has been segmented into automotive, construction, industries, and healthcare. The automotive segment accounted for the maximum share of more than 26% in 2016. The magnitude and importance of air purification systems in the automobile industry exceed other industries. Air purification systems are used within the interiors of an automobile to maintain the indoor air quality.

“The interior of a car should be free from harmful dust particles, allergens, bacteria, and viruses. These pollutants can have potential side effects on the health of the occupants of the vehicle. Car air purifiers ensure that the harmful fine particles are eliminated, and they neutralize the toxic gaseous chemicals released either from the car's interior, plastics, or upholstery. Therefore, air purification systems help in maintaining the indoor air quality of automobiles. The growth in automotive production will increase the demand for air purification systems,” says Neelesh Prakash Singh, a lead analyst at Technavio for unit operations research.

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Air purification systems market: competitive vendor landscape

The global air purification systems market is diversified with the presence of international and regional vendors. Though several new vendors are entering the market, they find it difficult to compete with the existing global vendors with respect to product variety, quality, features, and services. The competitive environment in the market is expected to intensify during the forecast period due to increase in product portfolio, technological innovations, and strategic M&A.

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Other topics covered in the report:

Market drivers:

  • Growing automotive market
  • Growth in commercial construction

Market challenges:

  • Regular maintenance of air purification systems
  • High market competition

Market trends:

  • Growing adoption of green buildings
  • Increasing adoption of stand-alone air purification systems

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