A recently published report titled, “Air Treatment Market: Opportunity Analysis and Future Assessment 2022-2030” offers a thorough and profound assessment on the market stature along with the top leading facts and figures, definition, overview, expert opinions, SWOT analysis, as well as the recent developments of the market all around the world. The market report also computes the market size, market sales, revenue, price, market share and gross margin and market forecast, growth rate and cost structure. The report estimates the revenue created from the sales and technologies by various application segments.
The global air treatment market in 2022 is estimated for more than US$ 17.5 Bn and expected to reach a value of US$ 34.3 Bn by 2030 with a significant CAGR of 8.8%.
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Air Treatment Introduction
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.
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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 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.
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