Insights & Forecast with Potential Impact of COVID-19 - Air Purification Systems Market 2020-2024 | Growing Automotive Market to Boost Growth | Technavio
Technavio has been monitoring the air purification systems market and it is poised to grow by $7.18 bn during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Air Purification Systems Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., Air Products (News - Alert) and Chemicals Inc., Daikin Industries Ltd., Honeywell International Inc., LG Electronics Inc., MANN+HUMMEL, Panasonic Corp., Koninklijke Philips NV, Sharp (News - Alert) Corp., and Whirlpool Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The growing automotive market has been instrumental in driving the growth of the market. However, regular maintenance of air purification systems might hamper market growth.
Air Purification Systems Market 2020-2024: Segmentation
Air Purification Systems Market is segmented as below:
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Air Purification Systems Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our air purification systems market report covers the following areas:
This study identifies the growing adoption of green buildings as one of the prime reasons driving the air purification systems market growth during the next few years.
Air Purification Systems Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the air purification systems market, including some of the vendors such as 3M Co., Air Products and Chemicals Inc., Daikin Industries Ltd., Honeywell International Inc., LG Electronics Inc., MANN+HUMMEL, Panasonic (News - Alert) Corp., Koninklijke Philips NV, Sharp Corp., and Whirlpool Corp. Backed with competitive intelligence and benchmarking, our research reports on the Air Purification Systems Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Air Purification Systems Market 2020-2024: Key Highlights
Table Of Contents:
Five Forces Analysis
Market Segmentation by End-user
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