The global air purification systems market was valued at $12.06 billion in 2015 and is projected to reach $24.83 billion by 2024 at a compound annual growth rate (CAGR) of 8.4 percent from 2016 to 2024, according to a report from Transparency Market Research.
Plasma Air International, a provider of IAQ solutions, has announced the launch of an equipment leasing program focused on the needs of casino owners and operators. This new offering will provide flexible leasing options for customers seeking to utilize its air purification technologies at an affordable cost.
Blueair, a manufacturer of air purifying technologies and products for consumers and businesses, announced it has been acquired by Unilever. Blueair founder Bengt Rittri said the acquisition will enable even more people to protect their health by using the company’s air purifiers to remove indoor airborne contaminants.
The GPS-iClean is the world’s first self-cleaning, no-maintenance air purification system that can reduce particles, control odors, kill pathogens, and even save energy by reducing ventilation air requirements.
RGF Environmental Group Inc. has announced the launch of its new, redesigned website at www.rgf.com. The company manufactures over 500 environmental products to provide safe air, water, and food without the use of chemicals.
The global high-efficiency particulate arrestance (HEPA) filters market is forecast to reach $2.7 billion in 2016, according to a TechSci Research report, due to deteriorating indoor and outdoor air quality, rising consumer awareness regarding airborne diseases, coupled with stringent government regulations to improve IAQ.
Technavio’s latest research report on the global air conditioning market provides an analysis on the most important trends expected to impact the market outlook from 2016 to 2020.
Air purification is a highly competitive, emerging space in HVAC, and manufacturers are constantly trying to innovate and stay ahead of the curve in relation to the needs of customers.
Manufacturers are addressing this demand head-on by creating and adapting products that are accessible to both contractors and consumers with an eye toward digital displays and functions that can be updated and expanded in the years to come.