Global Air Quality Control Systems Market 2019-2028


Posted December 30, 2020 by prachitisharma98

The Global Air Quality Control Systems Market : is predicted to grow at a CAGR of 4.16% during the forecasting period 2019-2028.
 
Bharat Book Bureau Provides the Trending Market Research Report on “Global Air Quality Control Systems Market 2019-2028”under Heavy Industry Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.


MARKET OUTLOOK

The Global Air Quality Control Systems Market : is predicted to grow at a CAGR of 4.16% during the forecasting period 2019-2028.

The development of semiconductor and chemical industries in the projected period is likely to increase the demand for air quality control equipment, which is contributing to the growth of the global market. The low air quality across the world has had a severely negative impact, with the increasing prevalence of asthma and chronic respiratory diseases. This is also fueling the market demand. Besides, several governments are making huge investments towards developing solutions to improve air quality. All these factors are estimated to drive the global market growth. However, the high initial investment is restraining this growth. Also, the rising demand for renewable resources for power generation is acting as a challenge to the market growth.

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REGIONAL OUTLOOK

The global market report covers the countries from North America, Europe, the Asia-Pacific, Latin America and the Middle East and Africa.

Considering the geographical landscape, the Middle East and Africa is estimated to be the fastest-growing region in the global air quality control systems market. In the United Arab Emirates, air quality is considered as one of the leading priorities as it directly affects human health, the environment and, in turn, the overall economy. The country targets to adhere to 90% of the WHO air quality guidance by the year 2021. Thus, several efforts are taken to monitor and regulate the emission levels in the country. The growing initiatives will boost the demand for air quality control systems in the UAE, aiding the market growth.

COMPETITIVE OUTLOOK

The major companies in the air quality control systems market are Daikin Industries Ltd, Hamon Group, HORIBA Ltd, General Electric Company, Thermax Ltd, Ducon Technologies, Mann+Hummel International GmbH, Babcock & Wilcox Enterprises Inc, John Wood Group PLC, GEA Group AG, Elex AG, Donaldson Company Inc, Esco International, Mitsubishi Hitachi Power Systems Ltd and Fujan Longking Co Ltd.

General Electric Company is a global company offering a wide range of products & services, including oil & gas production equipment, aircraft engines, power generation, medical imaging and household appliances. The company has major eight business segments, namely aviation, power, healthcare, oil & gas, energy connections & lighting, capital, renewable energy and transportation. It provides fabric filters that provide a flexible alternative to electrostatic precipitators. The company operates in different regions, including North America, Europe, Asia, Latin America and Africa.

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Last Updated December 30, 2020