The air quality control system market size has grown strongly in recent years. It will grow from $114.45 billion in 2023 to $120.67 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. Historical growth can be attributed to stringent environmental regulations, increasing awareness of health impacts, industrial growth and urbanization, global efforts to combat climate change, and concerns regarding healthcare costs and productivity.
The air quality control system market size is expected to see strong growth in the next few years. It will grow to $148.11 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The forecasted growth can be attributed to the continued strengthening of environmental policies, increasing emphasis on real-time monitoring, expansion of smart cities initiatives, adoption of renewable energy sources, and prioritization of health and wellness. Major trends in the forecast period include the integration of IoT and AI technologies, technological innovations in control systems, advancements in air quality monitoring technologies, sensor technology advancements, and advancements in data analytics and visualization.
The increasing focus on indoor air quality is expected to drive the expansion of the air quality control system market. Indoor air quality (IAQ) pertains to the air quality within and surrounding buildings, emphasizing its impact on the comfort and health of occupants. Air quality control systems provide comprehensive solutions for addressing and enhancing indoor air quality by eliminating pollutants, managing ventilation, regulating humidity levels, and improving overall indoor environmental conditions. For example, in December 2023, the World Health Organization (WHO) reported that household air pollution contributed to an estimated 3.2 million annual deaths, including approximately 237,000 fatalities among children under five years old in 2020. Additionally, the American Lung Association revealed in April 2023 that 119.6 million Americans, or nearly 36% of the population, reside in areas with poor ozone or particle pollution ratings. Therefore, the increasing concerns regarding indoor air quality are poised to fuel the growth of the air quality control system market.
Key players in the air quality control system market are concentrating on developing products featuring advanced technologies, such as integrating smart IoT solutions into AQCS systems, to enhance their market position. Internet of Things (IoT) solutions utilize data collected by IoT devices, leveraging data from single or multiple sensors to uncover diverse insights. For instance, in March 2023, Siemens AG, a German automation and digitalization company, introduced the Connect Box through its subsidiary Siemens Smart Infrastructure (SI). The Connect Box, part of the Siemens Xcelerator line, is an open-source, user-friendly IoT solution designed to manage small to medium-sized buildings. It provides an intuitive method for monitoring building performance, significantly improving indoor air quality and maximizing energy efficiency in settings such as apartments, retail stores, schools, and small offices by up to 30%.
In July 2021, ANDRITZ AG, an Austrian company specializing in centrifugal pump production, acquired GE Steam Power's Air Quality Control System (AQCS) business for an undisclosed sum. This acquisition enables ANDRITZ to offer optimized solutions for new-build projects, expanding its capabilities in designing and constructing air pollution control equipment. GE Steam Power Inc. is a US-based provider of air quality control system solutions and services.
Major companies operating in the air quality control system market report are Siemens AG, General Electric Company, Thermo Fisher Scientific, Honeywell International Inc., 3M, Mitsubishi Hitachi Power Systems Ltd., Anguil Environmental Systems, Inc., ENVEA Group, Daikin Industries Ltd., Johnson Controls International plc, Alstom SA, Camfil AB, ANDRITZ AG, GEA Group Aktiengesellschaft, MANN+HUMMEL Group, Donaldson Company Inc., Pall Corporation, Dürr AG, Thermax Limited, Babcock & Wilcox Enterprises Inc., Calgon Carbon Corporation, Clyde Bergemann Power Group, Doosan Lentjes GmbH, Balcke-Dürr GmbH, Fuel Tech Inc., Sierra Instruments Inc., Bühler Technologies GmbH, Foster Wheeler AG, Hamon Corporation.
Asia Pacific was the largest region in the air quality control system market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the air quality control system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the air quality control system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The air quality control system market consists of sales of selective catalytic reduction (SCR), electrostatic precipitator (ESP), flue gas desulfurization (FGD) system, and fabric filters. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
An air quality control system, also known as an air pollution control system, is a system, apparatus, or piece of equipment primarily designed to reduce or completely eliminate the release of air pollutants into the environment. Such systems are utilized for tracking climate change, monitoring air quality, identifying pollutant sources, and supporting research and development efforts.
The main types of paint strippers include solvent-based, caustic-based, and acidic-based variants. Solvent-based paint strippers are chemical products engineered to remove paint, finishes, and coatings from surfaces while simultaneously cleansing the underlying surface. These products are available in various packaging types such as buckets, drums, cans, plastic bottles, and jerry bottles, and are categorized into different grades including industrial, technical, and commercial grades. They find application across various industries including aerospace, automotive, marine, oil & gas, packaging, among others.
The paint stripper market research report is one of a series of new reports that provides paint stripper market statistics, including the paint stripper industry global market size, regional shares, competitors with a paint stripper market share, detailed paint stripper market segments, market trends and opportunities, and any further data you may need to thrive in the paint stripper industry. This paint stripper market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The air quality control system market size is expected to see strong growth in the next few years. It will grow to $148.11 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The forecasted growth can be attributed to the continued strengthening of environmental policies, increasing emphasis on real-time monitoring, expansion of smart cities initiatives, adoption of renewable energy sources, and prioritization of health and wellness. Major trends in the forecast period include the integration of IoT and AI technologies, technological innovations in control systems, advancements in air quality monitoring technologies, sensor technology advancements, and advancements in data analytics and visualization.
The increasing focus on indoor air quality is expected to drive the expansion of the air quality control system market. Indoor air quality (IAQ) pertains to the air quality within and surrounding buildings, emphasizing its impact on the comfort and health of occupants. Air quality control systems provide comprehensive solutions for addressing and enhancing indoor air quality by eliminating pollutants, managing ventilation, regulating humidity levels, and improving overall indoor environmental conditions. For example, in December 2023, the World Health Organization (WHO) reported that household air pollution contributed to an estimated 3.2 million annual deaths, including approximately 237,000 fatalities among children under five years old in 2020. Additionally, the American Lung Association revealed in April 2023 that 119.6 million Americans, or nearly 36% of the population, reside in areas with poor ozone or particle pollution ratings. Therefore, the increasing concerns regarding indoor air quality are poised to fuel the growth of the air quality control system market.
Key players in the air quality control system market are concentrating on developing products featuring advanced technologies, such as integrating smart IoT solutions into AQCS systems, to enhance their market position. Internet of Things (IoT) solutions utilize data collected by IoT devices, leveraging data from single or multiple sensors to uncover diverse insights. For instance, in March 2023, Siemens AG, a German automation and digitalization company, introduced the Connect Box through its subsidiary Siemens Smart Infrastructure (SI). The Connect Box, part of the Siemens Xcelerator line, is an open-source, user-friendly IoT solution designed to manage small to medium-sized buildings. It provides an intuitive method for monitoring building performance, significantly improving indoor air quality and maximizing energy efficiency in settings such as apartments, retail stores, schools, and small offices by up to 30%.
In July 2021, ANDRITZ AG, an Austrian company specializing in centrifugal pump production, acquired GE Steam Power's Air Quality Control System (AQCS) business for an undisclosed sum. This acquisition enables ANDRITZ to offer optimized solutions for new-build projects, expanding its capabilities in designing and constructing air pollution control equipment. GE Steam Power Inc. is a US-based provider of air quality control system solutions and services.
Major companies operating in the air quality control system market report are Siemens AG, General Electric Company, Thermo Fisher Scientific, Honeywell International Inc., 3M, Mitsubishi Hitachi Power Systems Ltd., Anguil Environmental Systems, Inc., ENVEA Group, Daikin Industries Ltd., Johnson Controls International plc, Alstom SA, Camfil AB, ANDRITZ AG, GEA Group Aktiengesellschaft, MANN+HUMMEL Group, Donaldson Company Inc., Pall Corporation, Dürr AG, Thermax Limited, Babcock & Wilcox Enterprises Inc., Calgon Carbon Corporation, Clyde Bergemann Power Group, Doosan Lentjes GmbH, Balcke-Dürr GmbH, Fuel Tech Inc., Sierra Instruments Inc., Bühler Technologies GmbH, Foster Wheeler AG, Hamon Corporation.
Asia Pacific was the largest region in the air quality control system market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the air quality control system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the air quality control system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The air quality control system market consists of sales of selective catalytic reduction (SCR), electrostatic precipitator (ESP), flue gas desulfurization (FGD) system, and fabric filters. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
An air quality control system, also known as an air pollution control system, is a system, apparatus, or piece of equipment primarily designed to reduce or completely eliminate the release of air pollutants into the environment. Such systems are utilized for tracking climate change, monitoring air quality, identifying pollutant sources, and supporting research and development efforts.
The main types of paint strippers include solvent-based, caustic-based, and acidic-based variants. Solvent-based paint strippers are chemical products engineered to remove paint, finishes, and coatings from surfaces while simultaneously cleansing the underlying surface. These products are available in various packaging types such as buckets, drums, cans, plastic bottles, and jerry bottles, and are categorized into different grades including industrial, technical, and commercial grades. They find application across various industries including aerospace, automotive, marine, oil & gas, packaging, among others.
The paint stripper market research report is one of a series of new reports that provides paint stripper market statistics, including the paint stripper industry global market size, regional shares, competitors with a paint stripper market share, detailed paint stripper market segments, market trends and opportunities, and any further data you may need to thrive in the paint stripper industry. This paint stripper market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Air Quality Control System Market Characteristics3. Air Quality Control System Market Trends and Strategies32. Global Air Quality Control System Market Competitive Benchmarking33. Global Air Quality Control System Market Competitive Dashboard34. Key Mergers and Acquisitions in the Air Quality Control System Market
4. Air Quality Control System Market - Macro Economic Scenario
5. Global Air Quality Control System Market Size and Growth
6. Air Quality Control System Market Segmentation
7. Air Quality Control System Market Regional and Country Analysis
8. Asia-Pacific Air Quality Control System Market
9. China Air Quality Control System Market
10. India Air Quality Control System Market
11. Japan Air Quality Control System Market
12. Australia Air Quality Control System Market
13. Indonesia Air Quality Control System Market
14. South Korea Air Quality Control System Market
15. Western Europe Air Quality Control System Market
16. UK Air Quality Control System Market
17. Germany Air Quality Control System Market
18. France Air Quality Control System Market
19. Italy Air Quality Control System Market
20. Spain Air Quality Control System Market
21. Eastern Europe Air Quality Control System Market
22. Russia Air Quality Control System Market
23. North America Air Quality Control System Market
24. USA Air Quality Control System Market
25. Canada Air Quality Control System Market
26. South America Air Quality Control System Market
27. Brazil Air Quality Control System Market
28. Middle East Air Quality Control System Market
29. Africa Air Quality Control System Market
30. Air Quality Control System Market Competitive Landscape and Company Profiles
31. Air Quality Control System Market Other Major and Innovative Companies
35. Air Quality Control System Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Air Quality Control System Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on air quality control system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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Description:
Where is the largest and fastest growing market for air quality control system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The air quality control system market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Indoor; Ambient2) By Pollutant Type: Gas; VOC; Dust; Other Pollutant Types
3) By Application: Tunnels; Air Terminals; Underground Garages; Public Transportation Stations; Air Pollution Control; Automobile; Other Applications.
4) By End-User Industry: Powertrain Management; Energy And Power; Mining; Agriculture; Semiconductor; Medical and Pharma; Commercial and Residential; Transportation; Other End-User Industries.
Key Companies Mentioned: Siemens AG; General Electric Company; Thermo Fisher Scientific; Honeywell International Inc.; 3M
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Siemens AG
- General Electric Company
- Thermo Fisher Scientific
- Honeywell International Inc.
- 3M
- Mitsubishi Hitachi Power Systems Ltd.
- Anguil Environmental Systems, Inc.
- ENVEA Group
- Daikin Industries Ltd.
- Johnson Controls International plc
- Alstom SA
- Camfil AB
- ANDRITZ AG
- GEA Group Aktiengesellschaft
- MANN+HUMMEL Group
- Donaldson Company Inc.
- Pall Corporation
- Dürr AG
- Thermax Limited
- Babcock & Wilcox Enterprises Inc.
- Calgon Carbon Corporation
- Clyde Bergemann Power Group
- Doosan Lentjes GmbH
- Balcke-Dürr GmbH
- Fuel Tech Inc.
- Sierra Instruments Inc.
- Bühler Technologies GmbH
- Foster Wheeler AG
- Hamon Corporation
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | March 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 120.67 Billion |
Forecasted Market Value ( USD | $ 148.11 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |
No. of Companies Mentioned | 29 |