Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on air
quality control systems market provides an in-depth analysis of segments and
sub-segments in the global as well as regional air quality control systems
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional air quality control systems market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of global air quality control systems
market. According to the report, the global air quality control systems market
is projected to grow at a CAGR of 5.6% over the forecast period of 2019-2025.
In 2018, Donaldson Company Inc. acquired BOFA International LTD.
BOFA designs develop and manufacture fume extraction systems across a broad
range of industrial air filtration applications. Companies operating in the
manufacturing of air quality control systems are focusing on technological
development and research and development to maximize the market share.
The increasing awareness among the population about the effect of
air pollution on health drives the growth of the air quality control systems
market. The air quality control systems are utilized to improve the overall air
quality of the outdoor atmosphere contributes to the growth of the air quality
control systems market. The increasing demand for air quality control systems
from the medical and pharmaceutical industries propels the growth of the air
quality control systems market. The rising demand for innovative technologies
contributes to the growth of the air quality systems market. Government rules
and regulations fuel the growth of the air quality control systems market. The
growing urbanization and industrialization affect the air quality worldwide
stimulating the growth of the air quality control systems market. The air
quality control systems are majorly used in the power generation industries
that fuel the growth of the air quality control systems market. On the other
hand, the declining number of coal power plants hampers the growth of the air
quality control systems market. Moreover, technological advancement in air
quality control systems creates numerous opportunities for the growth of the
air quality control systems market.
Based on geography, the global air quality control systems market
is segmented into North America, Asia-Pacific, Europe, and the Rest of the
World. Asia-Pacific region is expected to dominate the global air quality
control systems market. The rising industrialization and urbanization in
countries like India and China stimulate the growth of the Asia-Pacific air
quality control systems market. Europe is anticipated to be growing in the
global air quality control systems market. The strict rules and regulations in
Europe fuel the growth of the air quality control systems market in Europe.
The report on global air quality control systems market covers
segments such as types and application. On the basis of types, the sub-markets
include fuel gas desulfurization, electrostatic precipitators, scrubbers, and
fabric filters. On the basis of application, the sub-markets include power
generation, cement industry, iron & steel industry, and other applications.
The report provides profiles of the companies in the market such
as Donaldson Company Inc., Mitsubishi Hitachi Power Systems, Ltd., Babcock
& Wilcox Enterprises, Inc., HAMON Group, Thermax Ltd., GEA Group AG,
Siemens Energy, Daikin Industries Ltd., Indigo Technologies, and other
companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of air quality
control systems market. Moreover, the study highlights current market trends
and provides forecast from 2019-2025. We also have highlighted future trends in
the market that will affect the demand during the forecast period. Moreover,
the competitive analysis given in each regional market brings an insight into
the market share of the leading players.
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