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Global Air Quality Control Systems Market: By Type; Indoor, Ambient; By Pollutant Type: Gas, Volatile Organic Compounds, Dust; By Application: Tunnels, Air Terminals, Underground Garages, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Air Quality Control Systems Market Outlook
The size of the global air quality control systems market in 2022 was estimated to be USD 10,9627.09 million. The market is projected to reach USD 14,6910.77 million by 2028, growing at a CAGR of 5% in the forecast period of 2023-2028.
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The air quality control systems deal with methods used to reduce toxic air as well as indoor air pollutants. Manufacturing industries such as automotive, power generation plants, medical, mining, and pharmaceutical, among others, let out contaminants. The air quality control systems (AQCS), therefore, offer solutions for controlling and treating water, gases, and pollutants in order to provide a cleaner air discharge. Control systems for air quality include the use of air filters, electrostatic precipitators, scrubbers, and other devices to control air quality.
Market Segmentation
The air quality control systems industry can be divided on the basis of segments like product type, pollutant type, and application.
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The industry can be broadly categorised based on product type into:
- Indoor
- Ambient
The industry can be divided on the basis of pollutant type into:
- Gas
- Volatile Organic Compounds
- Dust
- Others
The industry can be segmented based on application into:
- Tunnels
- Air Terminals
- Underground Garages
- Public Transportation Stations
- Air Pollution Control
- Automobiles
The EMR report looks into the regional markets for air quality control systems like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.
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Market Analysis
Rising awareness among the population about the health effects of air pollution is boosting the popularity of air quality control systems. The major market players of air quality control systems are trying to improve their consumer portfolios to remove fine dust, bacteria, and other harmful substances not only from indoor commercial and residential areas but also to improve the overall outdoor air quality. Such factors are driving the demand growth for air quality control systems. In addition, the increasing demand for air filtration systems from the thriving medical and pharmaceutical industries is also driving the demand for air quality control systems. However, due to growing industrialization and urbanization, the increasing air quality around the globe has become an important issue.
Economies like China, India, and others are now focusing on reducing air pollution. This will boost the overall market for air quality control systems. However, it is anticipated that the system's high initial investments and operating costs would limit the market growth. Further, the power generation industries are reducing the use of coal power plants, which are the largest users of air filtration systems to stop fly ash from being released. Therefore, the expected decline in the number of coal power plants in the forecast period is predicted to hamper the demand growth for air quality control systems.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global air quality control systems market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Mitsubishi Power, Ltd.
- Thermax Ltd
- Babcock & Wilcox Enterprises, Inc
- Ducon Technologies Inc
- John Wood Group PLC
- General Electric Company
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis, as well as an assessment of Porter's Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Pollutant Type, Application, Region |
| Breakup by Product Type | Indoor, Ambient |
| Breakup by Pollutant Type | Gas, Volatile Organic Compounds, Dust, Others |
| Breakup by Application | Tunnels, Air Terminals, Underground Garages, Public Transportation Stations, Air Pollution Control, Automobiles |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Mitsubishi Power, Ltd., Thermax Ltd, Babcock & Wilcox Enterprises, Inc, Ducon Technologies Inc, John Wood Group PLC, General Electric Company, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Air Quality Control Systems Market Analysis
8.1 Key Industry Highlights
8.2 Global Air Quality Control Systems Historical Market (2018-2022)
8.3 Global Air Quality Control Systems Market Forecast (2023-2028)
8.4 Global Air Quality Control Systems Market by Product Type
8.4.1 Indoor
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Ambient
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Air Quality Control Systems Market by Pollutant Type
8.5.1 Gas
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Volatile Organic Compounds
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Dust
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Air Quality Control Systems Market by Application
8.6.1 Tunnels
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Air Terminals
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Underground Garages
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Public Transportation Stations
8.6.4.1 Market Share
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Air Pollution Control
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
8.6.6 Automobiles
8.6.6.1 Historical Trend (2018-2022)
8.6.6.2 Forecast Trend (2023-2028)
8.7 Global Air Quality Control Systems Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Air Quality Control Systems Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Air Quality Control Systems Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Spain
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Air Quality Control Systems Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Air Quality Control Systems Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Air Quality Control Systems Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Mitsubishi Power, Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Thermax Ltd
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Babcock & Wilcox Enterprises, Inc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Ducon Technologies Inc
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 John Wood Group PLC
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 General Electric Company
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Air Quality Control Systems Market: Key Industry Highlights, 2018 and 2028
2. Global Air Quality Control Systems Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global Air Quality Control Systems Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global Air Quality Control Systems Historical Market: Breakup by Pollutant Type (USD Million), 2018-2022
5. Global Air Quality Control Systems Market Forecast: Breakup by Pollutant Type (USD Million), 2023-2028
6. Global Air Quality Control Systems Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Air Quality Control Systems Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Air Quality Control Systems Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Air Quality Control Systems Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Air Quality Control Systems Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Air Quality Control Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Air Quality Control Systems Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Air Quality Control Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Air Quality Control Systems Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Air Quality Control Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Air Quality Control Systems Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Air Quality Control Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Air Quality Control Systems Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Air Quality Control Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Air Quality Control Systems Market Structure
Key Questions Answered in the Report
In 2022, the global air quality control systems market attained a value of nearly USD 10,9627.09 million.
The market is projected to grow at a CAGR of 5% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 14,6910.77 million by 2028.
The major drivers expected to aid the market growth are growing health awareness, increasing product demand in medical and pharmaceutical industries, rapid urbanisation and industrialisation, rising demand from the developing regions, and favourable initiatives by various governments.
The key trends guiding the growth of the market include the launch of enhanced products with rapid technological advancements and increased investment by the major players in research and development activities.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Indoor and ambient are the major product types of air quality control systems in the market.
Gas, volatile organic compounds, and dust, among others, are the leading pollutant types on which air quality control systems work in the market.
Tunnels, air terminals, underground garages, public transportation stations, air pollution control, and automobiles are the significant applications of the product in the market.
The major players in the global air quality control systems market are Mitsubishi Power, Ltd., Thermax Ltd, Babcock & Wilcox Enterprises, Inc, Ducon Technologies Inc, John Wood Group PLC, and General Electric Company, among others.
Analyst Review
The global air quality control systems market attained a value of USD 10,9627.09 million in 2022, driven by growing awareness regarding health, rapid urbanisation, and stringent government regulations. Aided by the technological advancements and new product launches, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5%. The market is projected to reach USD 14,6910.77 million by 2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product types, the industry can be bifurcated into indoor and ambient segments. On the basis of pollutant types, the industry is divided into gas, volatile organic compounds, and dust, among others. By applications, the industry is categorised into tunnels, air terminals, underground garages, public transportation stations, air pollution control, and automobiles. The major regional markets for air quality control systems are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Mitsubishi Power, Ltd., Thermax Ltd, Babcock & Wilcox Enterprises, Inc, Ducon Technologies Inc, John Wood Group PLC, and General Electric Company, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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