The air purification systems market is anticipated to reach 29.62 billion USD by 2027 from USD 16.12 billion in 2020, growing at a CAGR of 10.38%. The air purification system is gaining a significant increase in demand due to increasing pollution particularly in developing countries, accelerated industrialization, and regulations regarding industrial emissions. An air purification system is a device that helps remove pollutants from the air and is beneficial for people suffering from allergies and asthma as it makes the air clean for breathing. The device is also beneficial in clearing off second-hand smoke and the target audience usually comprises people who smoke.

The primary factor aiding the growth of the global air purification systems market include increasing health problems due to air pollution. Air quality is ranked as the most influential factor on human health as witnessed in several countries that suffer from high levels of air pollution. Air pollution is considered to be very hazardous for health as the human body cannot detect the level of contamination in the air that they breathe and as a result, they cannot adopt measures to eradicate it. The human body is exposed to small amounts of carcinogens, organic pollutants, and toxins that can adversely affect the human body and can lead to an increased risk of exposure to hazardous diseases.

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Air purification devices comprise of high efficient particulate air (HEPA) filters that help the users in purifying the air that is revolving around any particular individual. The device also helps people in getting rid of the contaminants and impurities from their surroundings and provides healthy and fresh air to the people. It has also been observed that the HEPA filter is used for removing the dust molecules that are larger than 0.3 microns that are assumed to be the standard measure for the microns molecule. HEPA filter also helps in cleaning the dust in the air, pollen, smoke, pet dander, and the majority of particles available in the air around people.

Geographically, Asia-Pacific is the largest market for air purification systems as the countries such as China, Japan, South Korea, and India are expected to be the hotspot of air purification systems. The increasing urbanization and industrialization, rising population, increasing disposable income, growing smog, and air pollution cases are the key driving factors contributing to the growth of the air purification system market in this region.

Daikin Industries Ltd. invested US$ 2 million in U.S-based start-up company Locix Inc. to leverage its spatial intelligence solutions for furthering its AC solutions business.

Aurabeat Technology Limited, a Hong Kong-based company, introduced Aurabeat AG+ Silver Ion Plasma Sterilization Air Purifier, which can eliminate more than 99.9% of COVID-19 within 30 minutes.

Some of the key players operating in the global air purification system market are Honeywell International Inc., 3M Company, Sharp Corporation, Daikin Industries, Ltd., Air Products and Chemicals, Inc., Clean Teq Holdings Limited, Panasonic Corporation, Alfa Laval AB, SPX Corporation, Mann+Hummel GmbH, LG Electronics Inc., Whirlpool Corporation, Eureka Forbes, Fumex Inc., Philips Electronics N.V. and Clarcor Inc.