An overview of conceptual frameworks, analytical approaches of the air treatment market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Air treatment market is expected to grow with significant rate in the near future.
The global air treatment market in 2020 is estimated for more than US$ 17.5 Bn and expected to reach a value of US$ 34.3 Bn by 2028 with a significant CAGR of 8.8%.
Air Treatment Market Definition
Air treatment refers to the products whose prime function is to remove and eliminate the contaminants present in a room. The air treatment products purify and clean the environment, by removing the smog, particular matters, and microbes. Thus making the air clean and breathable. These products are highly beneficial for people suffering from allergies, asthma, and other breathing problems. The products like humidifiers and dehumidifiers also maintain the moisture level and control the microbes. On the basis of products, air purifiers dominate this market, whereas, on the basis of application, the commercial segment has a major market share, owing to the installation of air purifiers in hospitals, laboratories, and other places.
Air Treatment Market Dynamics
Increasing respiratory diseases coupled with the increasing per capita income are the prime factors that propel the growth of this market. Moreover, the rising health awareness and improving the standard of living are other factors that boost the need for humidifiers and dehumidifiers in the market. Factor like, advancement in technologies, accounting to the app-enabled product operations is also responsible for driving the growth of this market. However, the expensive nature of these products may hamper the growth of this market.
The global air treatment market is expected to increase at a significant CAGR over the forecast period owing to the increasing long-term respiratory problems and premature deaths. Other factors like the installation of innovative features in the machines and its easy portability coupled with the rising health awareness are also responsible for boosting the air treatment market. However, the low adoption rate of such devices may restrict the growth of this market.
Air Treatment Market Key Players
The global air treatment market is mainly dominated by
• Atlas Copco AB
• De Longhi Appliances S.r.l
• Emerson Electric Company
• General Electric Company
• Honeywell International Inc.
• LG Electronics Inc.
• Panasonic Corporation
• Samsung Group
• Sharp Corporation
• Winix Inc.
Air Treatment Market Segmentation
The global air treatment market is segmented on the basis of product type, end-user, and region.
By Product Type
• Air Purifier
• Humidifier
• De-Humidifier
By End User
• Residential
• Commercial
• Industrial
Air Treatment Market Regional Overview
On the basis of region, the global air treatment market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. Asia Pacific air treatment market is expected to be the most dominating market throughout the forecast period. Increasing demand from developing countries like China, India, and Japan coupled with the elevating demand for air conditioners from the Indian states like Uttar Pradesh, Maharashtra, etc. are also responsible in fueling the growth of air treatment market. However, the low adoption rate of such devices may slow down the growth of this market.
MMC Overview on Air Treatment Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the Air Treatment market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market. The report is titled as ‘Air Treatment Market: Opportunity Analysis and Future Assessment 2020-2028’.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Air Treatment
• Advantage of Air Treatment
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Air Treatment Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Air Treatment Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Air Treatment Market Snapshot
2.4. Global Air Treatment Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Air Treatment Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Air Treatment Market, By Product Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Product Type
3.1.2. BPS Analysis, By Product Type
3.2. Market Revenue (US$Mn) and Volume (Units) Forecast, By Product Type
3.2.1. Air Purifier
3.2.2. Humidifier
3.2.3. De-Humidifier
3.3. Global Air Treatment Market Attractiveness Index, By Product Type
4. Global Air Treatment Market, By End User
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By End User
4.1.2. BPS Analysis, By End User
4.2. Market Revenue (US$Mn) and Volume (Units) Forecast, By End User
4.2.1. Residential
4.2.2. Commercial
4.2.3. Industrial
4.3. Global Air Treatment Market Attractiveness Index, By End User
5. Global Air Treatment Market, By Region
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Region
5.1.2. BPS Analysis, By Region
5.2. Market Revenue (US$Mn) and Volume (Units) Forecast, By Region
5.2.1. North America
5.2.2. Latin America
5.2.3. Europe
5.2.4. Asia Pacific
5.2.5. Middle East
5.2.6. Africa
5.3. Global Air Treatment Market Attractiveness Index, By Region
6. North America Air Treatment Market Analysis and Forecast, 2020–2028
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Country
6.1.2. BPS Analysis, By Country
6.2. Market Revenue (US$Mn) and Volume (Units) Forecast, By Country
6.2.1. U.S. Air Treatment Market
6.2.2. Canada Air Treatment Market
6.3. North America Air Treatment Market, By Product Type
6.3.1. Air Purifier
6.3.2. Humidifier
6.3.3. De-Humidifier
6.4. North America Air Treatment Market, By End User
6.4.1. Residential
6.4.2. Commercial
6.4.3. Industrial
6.5. North America Air Treatment Market Attractiveness Index
6.5.1. By Country
6.5.2. By Product Type
6.5.3. By End User
7. Latin America AIR TREATMENT Market Analysis And Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market Revenue (US$Mn) and Volume (Units) Forecast, By Country
7.2.1. Brazil Air Treatment Market
7.2.2. Mexico Air Treatment Market
7.2.3. Argentina Air Treatment Market
7.2.4. Rest Of Latin America Air Treatment Market
7.3. Latin America Air Treatment Market, By Product Type
7.3.1. Air Purifier
7.3.2. Humidifier
7.3.3. De-Humidifier
7.4. Latin America Air Treatment Market, By End User
7.4.1. Residential
7.4.2. Commercial
7.4.3. Industrial
7.5. Latin America Air Treatment Market Attractiveness Index
7.5.1. By Country
7.5.2. By Product Type
7.5.3. By End User
8. Europe Air Treatment Market Analysis And Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market Revenue (US$Mn) and Volume (Units) Forecast, By Country
8.2.1. U.K. Air Treatment Market
8.2.2. Germany Air Treatment Market
8.2.3. Italy Air Treatment Market
8.2.4. France Air Treatment Market
8.2.5. Spain Air Treatment Market
8.2.6. Russia Air Treatment Market
8.2.7. Poland Air Treatment Market
8.2.8. BENELUX Air Treatment Market
8.2.9. NORDIC Air Treatment Market
8.2.10. Rest Of Europe Air Treatment Market
8.3. Europe Air Treatment Market, By Product Type
8.3.1. Air Purifier
8.3.2. Humidifier
8.3.3. De-Humidifier
8.4. Europe Air Treatment Market, By End User
8.4.1. Residential
8.4.2. Commercial
8.4.3. Industrial
8.5. Europe Air Treatment Market Attractiveness Index
8.5.1. By Country
8.5.2. By Product Type
8.5.3. By End User
9. Asia Pacific Air Treatment Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market Revenue (US$Mn) and Volume (Units) Forecast, By Country
9.2.1. China Air Treatment Market
9.2.2. India Air Treatment Market
9.2.3. Japan Air Treatment Market
9.2.4. Australia and New Zealand Air Treatment Market
9.2.5. South Korea Air Treatment Market
9.2.6. ASEAN Air Treatment Market
9.2.7. Rest Of Asia Pacific Air Treatment Market
9.3. Asia Pacific Air Treatment Market, By Product Type
9.3.1. Air Purifier
9.3.2. Humidifier
9.3.3. De-Humidifier
9.4. Asia Pacific Air Treatment Market, By End User
9.4.1. Residential
9.4.2. Commercial
9.4.3. Industrial
9.5. Asia Pacific Air Treatment Market Attractiveness Index
9.5.1. By Country
9.5.2. By Product Type
9.5.3. By End User
10. Middle East Air Treatment Market, By Region
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market Revenue (US$Mn) and Volume (Units) Forecast, By Country
10.2.1. GCC Countries Air Treatment Market
10.2.2. Israel Air Treatment Market
10.2.3. Oman Air Treatment Market
10.2.4. Rest Of Middle East Air Treatment Market
10.3. Middle East Air Treatment Market, By Product Type
10.3.1. Air Purifier
10.3.2. Humidifier
10.3.3. De-Humidifier
10.4. Middle East Air Treatment Market, By End User
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.5. Middle East Air Treatment Market Attractiveness Index
10.5.1. By Country
10.5.2. By Product Type
10.5.3. By End User
11. Africa Air Treatment Market, By Region
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market Revenue (US$Mn) and Volume (Units) Forecast, By Country
11.2.1. South Africa Air Treatment Market
11.2.2. Egypt Air Treatment Market
11.2.3. North Africa Air Treatment Market
11.2.4. Rest Of Africa Air Treatment Market
11.3. Africa Air Treatment Market, By Product Type
11.3.1. Air Purifier
11.3.2. Humidifier
11.3.3. De-Humidifier
11.4. Africa Air Treatment Market, By End User
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.5. Africa Air Treatment Market Attractiveness Index
11.5.1. By Country
11.5.2. By Product Type
11.5.3. By End User
12. Recommendation
12.1. Market Strategy
13. Competitive Landscape
13.1. Competition Dashboard
13.2. List and Company Overview of Global Key Players
13.3. Company Profiles
13.3.1. Atlas Copco AB
13.3.1.1. Company Overview
13.3.1.2. Financial Overview
13.3.1.3. Product Portfolio
13.3.1.4. Key Developments
13.3.1.5. Business Strategies
13.3.2. De'Longhi Appliances S.r.l
13.3.3. Emerson Electric Company
13.3.4. General Electric Company
13.3.5. Honeywell International Inc.
13.3.6. LG Electronics Inc.
13.3.7. Panasonic Corporation
13.3.8. Samsung Group
13.3.9. Sharp Corporation
13.3.10. Winix Inc.
14. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global air treatment market in 2020 is estimated for more than US$ 17.5 Bn and expected to reach a value of US$ 34.3 Bn by 2028 with a significant CAGR of 8.8%.
What are the key factors driving the growth of market?
Increasing respiratory diseases, rising health awareness, improving the standard of living, and increasing per capita income are the prime factors that propel the growth of this market
What segments are covered in market report?
The global air treatment market is segmented on the basis of product type, end-user, and region
What are the key participating players in the market?
Atlas Copco AB, De Longhi Appliances S.r.l, Emerson Electric Company, General Electric Company, Honeywell International Inc., LG Electronics Inc., Panasonic Corporation, Samsung Group, Sharp Corporation, and Winix Inc. are the key participating players in the market
