The global air audit equipment market is forecasted to be appraised at US$ 12,850 Mn by 2032, up from US$ 9,749 Mn in 2022, advancing at a CAGR of 2.8% during the forecast period.
The advantages of air audit equipment, such as ensuring worker safety, operating at peak efficiency, and accelerating process production by replacing inefficient equipment, are anticipated to secure a profitable increase in the air audit equipment market share. Although the high costs of installation and maintenance of this equipment are likely to decrease consumer demand.
On the other hand, the introduction of stable, environmentally friendly air audit equipment that guarantees clean, dry air quality and other quick technological developments are anticipated to support the market’s expansion and prospects.
In recent years, the number of elderly people has significantly increased. Additionally, this population has seen an increase in the prevalence of several chronic diseases, including cardiovascular diseases. These elements are anticipated to accelerate the uptake of air audit equipment.
Equipment for air audits is becoming more and more necessary for the pharmaceutical sector. This is due to its capacity to supply extremely pure compressed air for tasks like material handling, tablet coating, product drying, and nitrogen generation, all of which are predicted to support market expansion.
The use of products for air cleaning containers before product packaging and filling has increased in the food and beverage industry. This is anticipated to have a favorable effect on the development of market trends.
North America is projected to hold about 31% of the global share and is currently the dominating air audit equipment market. This is owing to the contribution of market players in the form of hefty investments.
Products integrated with innovative technology are increasing in sales across this region. Furthermore, installing modern products, along with replacing old compressors in the manufacturing facilities are rapidly increasing trends that are considering supporting the air audit equipment market growth.
- Elgi Equipments Ltd.
- Donaldson Company Inc.
- Alpha Pure
- Beko Technologies
- BOGE Compressors
- Nessco Pressure Systems
- Forbes Marshall
- SMC Corporation
- AIRFILTER ENGINEERING