Global Air Quality Control Systems Market Is Witnessing To Reach $82.2 Billion At A CAGR of 6.9% Through 2020

Date: 2016-10-13

The regulations are the major factor that drives the Air Quality Control Systems Market, Air Quality Control Systems Market will grow from an estimated $55.2 Billion in 2016 to $82.2 Billion by 2020 with a CAGR of 6.9% from 2016 to 2020.

In terms of geography, Asia-Pacific is expecting to hold the world largest market and grow at a highest CAGR of 8.8% over the forecast period, as it coupled with rapid industrialization and shifting of industries, the region has witnessed exponential growth in industrial activities, resulting into huge amount of pollutants through emissions from industries. Industries such as cement, mining, chemical and steel are growing rapidly in Asia-Pacific, which will increase the use of air quality control systems.

In terms of application, Coal fired power generation industry market accounted for the largest share of the total Air Quality Control Systems Market in 2013. Coal is the largest source of energy for generation of electricity worldwide. The large scale use of coal pollutes our environment with toxins creating global warming. Air quality control systems are capable of drastically reducing air pollution emissions from coal-fired power plants, in turn creating huge demand for these systems.

Air quality control systems are required for a healthy indoor and outdoor environment. This equipment make it possible for industries to comply with national pollution control standards for clean air, thereby improving production rates and lowering health related absences.

The global top Air Quality Control Systems companies such as Alstom (France), Babcock & Wilcox Company (U.S.), Foster Wheeler (U.S.), Mitsubishi Hitachi Power systems America (Japan), Hamon RC (U.S.), KBR (U.S), and Siemens Energy (Germany).

Air Quality Control Systems market share by region as following:


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520

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