Vantage Market Research |
Air Quality Control Systems Market to Reach USD 142.1 Billion by 2028; Increasing Demand from Power Generation Industry to Drive the Market Demand
The Air Quality Control Systems Market is expected to reach USD 142.1 Billion by 2028, growing at a CAGR of 5% from 2021 to 2028. This rise is owing to the stringent air quality control regulations, rising end-user industries, growing awareness among the common mass to mitigate health risks. In addition, favorable public & private initiatives for environmental conservation are driving the growth of the Air Quality Control Systems Market in the coming years. Whereas, the high capital required for the installation of air quality control systems is hampering the growth of the air quality control systems market.
Key Findings:
The prominent players of Air Quality Control Systems Market are Siemens AG, PerkinElmer, Inc., Tisch Environmental, Thermo Fisher Scientific, Emerson Electric, Agilent Technologies, Inc., Merck KGaA, Honeywell International Inc, General Electric, HORIBA, Ltd., Testo, Teledyne Technologies, 3M Company, Spectris plc, and TSI Incorporated, among others.
In the power generation industry, power plants are the biggest sources of emission of acid gases, mercury, and SO2. Whereas, the function of air quality control systems is to minimize the production of harmful gases. These systems include scrubbers, mercury control systems, flue gas desulfurized, and electrostatic precipitators. Thus, it increases the demand for Air Quality Control Systems Market in the coming years. Increasing concern regarding environmental pollution and related government actions are fuelling the high demand of the Air Quality Control Systems Market in the projected years.
The rising restriction on the emission level in various industries increases the demand for the air quality control systems market. Whereas, high maintenance costs and high installation costs of air monitoring systems hamper the growth of the air quality control systems market. On the other hand, the use of various advanced air quality management systems such as nanotechnology-based systems, remote-sensing instruments, infrared spectroscopy, and miniaturized devices are expected to provide high growth opportunities for various players in the air quality control systems industry.
Air Quality Control Systems Market to Reach USD 142.1 Billion by 2028; Increasing Demand from Power Generation Industry to Drive the Market Demand
08 Dec 2021
Min Read
Historical Data | Base Year
Access Full Report
Air Quality Control Systems Market to Reach USD 142.1 Billion by 2028; Increasing Demand from Power Generation Industry to Drive the Market Demand
This report by Vantage Market Research delivers comprehensive analysis of Somatostatin Analogs Market , focusing on Market Size, Share & Trends Analysis Report by Type (Octreotide, Lanreotide, Pasireotide) by Application (Acromegaly, Neuroendocrine Tumors (NETs), Others) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
Request SampleRelated Reports
Contact
Toll Free Number+1 (877) 462-2282