Air Treatment Product Market Report: Trends, Forecast and Competitive Analysis to 2030

Air Treatment Product Trends and Forecast

The future of the global air treatment product market looks promising with opportunities in the residential, commercial, and industrial markets. The global air treatment product market is expected to reach an estimated $23.9 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing knowledge of greenhouse gas emissions and energy conservation, rising implementation of smart automation in air treatment products, and tight government policies and environmental requirements designed to lower air pollution.

A more than 150-page report is developed to help in your business decisions.

Air Treatment Product by Segment

The study includes a forecast for the global air treatment product by product type, application, end use, and region.

Air Treatment Product Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Air Purifiers
• Humidifiers
• Dehumidifiers
• Ventilation Systems
• Air Filters

Air Treatment Product Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Residential
• Commercial
• Industrial

Air Treatment Product Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• High-Efficiency Particulate Air (HEPA) Filters
• Activated Carbon Filters
• Ultraviolet (UV) Germicidal Irradiation

Air Treatment Product Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Air Treatment Product Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies air treatment product companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the air treatment product companies profiled in this report include-

• Honeywell International
• Samsung Electronics
• LG Electronics
• Panasonic Corporation
• Sharp Corporation
• Daikin Corporation
• Atlas Copco

Air Treatment Product Market Insights

Lucintel forecasts that air purifier will remain the largest segment over the forecast period due to growing application of air purifiers in sommercial end-use sectors, such as, medical and healthcare facilities, complementary and alternative medicine, retail, restuarants, and hotels, as well as, rising health awareness owing to rising air pollution and changing climatic conditions.

Within this market, consumer electronics will remain the largest segment.

North America will remain the largest region over the forecast period due to robust air pollution laws, knowledge of indoor air quality, and a robust healthcare infrastructure.

Features of the Global Air Treatment Product Market

Market Size Estimates: Air treatment product market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Air treatment product market size by product type, application, end use, and region in terms of value ($B).

Regional Analysis: Air treatment product market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product type, application, end use, and regions for the air treatment product market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the air treatment product market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the air treatment product market size?

Answer: The global air treatment product market is expected to reach an estimated $23.9 billion by 2030.

Q2. What is the growth forecast for air treatment product market?

Answer: The global air treatment product market is expected to grow with a CAGR of 6.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the air treatment product market?

Answer: The major drivers for this market are increasing knowledge of greenhouse gas emissions and energy conservation, rising implementation of smart automation in air treatment products and tight government policies and environmental requirements designed to lower air pollution.

Q4. What are the major segments for air treatment product market?

Answer: The future of the air treatment product market looks promising with opportunities in the residential, commercial, and industrial markets.

Q5. Who are the key air treatment product market companies?

Answer: Some of the key air treatment product companies are as follows.

• Honeywell International
• Samsung Electronics
• LG Electronics
• Panasonic Corporation
• Sharp Corporation
• Daikin Corporation
• Atlas Copco

Q6. Which air treatment product market segment will be the largest in future?

Answer: Lucintel forecasts that air purifier will remain the largest segment over the forecast period due to growing application of air purifiers in sommercial end-use sectors, such as, medical and healthcare facilities, complementary and alternative medicine, retail, restuarants, and hotels, as well as, rising health awareness owing to rising air pollution and changing climatic conditions.

Q7. In air treatment product market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to robust air pollution laws, knowledge of indoor air quality, and a robust healthcare infrastructure.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the air treatment product market by product type (air purifiers, humidifiers, dehumidifiers, ventilation systems, and air filters), application (residential, commercial, and industrial), end use (high-efficiency particulate air (hepa) filters, activated carbon filters, and ultraviolet (uv) germicidal irradiation), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?