The global air quality control system market size is expected to reach USD 141.36 billion by 2032, according to a new study by Polaris Market Research. The report “Air Quality Control System Market Size, Share & Trends Analysis Report by Product Type (Indoor, Outdoor), By Pollutant (Physical, Chemical), By Component, By End Use (Industrial, Commercial), And Segment Forecasts, 2019 – 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Rising atmospheric pollution levels and stringent government standards and regulations for pollution control are likely to have an impact on product demand. In addition, there has been a substantial rise in recent years in the number of respiratory illnesses brought on by air pollution that result in fatalities. As a result, demand for the merchandise will rise.
Air pollution poses a threat to the stability of the ecosystem. It has a big impact on the environment, contributing to things like global warming, acid rain, and a rise in toxicity, among other things. Due to rising demands for workplace safety, air quality control devices are being used more frequently in industries like manufacturing, the automotive, and oil and gas. Accidents like the Bhopal gas leak tragedy and the Aliso Canyon disaster have raised public awareness of the importance of keeping an eye on the presence of pollutants in the atmosphere.
In recent years, there have been numerous partnerships between governmental and private organizations. Major companies like Honeywell International Inc. and Intel Corporation collaborate with governments from all over the world to protect the environment. The objective of these partnerships is to create sensor networks and intelligent systems for monitoring air and water quality. The Metropolitan Washington Council of Governments, in conjunction with the Maryland Department of Transportation, the Baltimore Metropolitan Council, and WGL Holdings, Inc., created the Clean Air Partners in accordance with the Clean Air Act.
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The COVID-19 pandemic's worldwide shutdown of a number of industries and power plants has had a detrimental impact on the market for industrial air quality control systems. Three major factors are mainly driving the market: growing consumer awareness, stringent regulations governing air quality control, and growing public awareness of health risks. However, the development of emission-free renewable and alternative energy sources as well as the high expense of installing an air quality management system are expected to limit market growth.
Air Quality Control System Market Report Highlights
Polaris Market Research has segmented the Air Quality Control System Market report based on pollutant, product type, end-use and region:
Air Quality Control System, Pollutant Outlook (Revenue - USD Billion, 2019 - 2032)
Air Quality Control System, Product Outlook (Revenue - USD Billion, 2019 - 2032)
Air Quality Control System, End-use Outlook (Revenue - USD Billion, 2019 - 2032)
Air Quality Control System, Regional Outlook (Revenue - USD Billion, 2019 - 2032)