Top Companies in Air Quality Control System Industry - Mitsubishi Heavy Industries (Japan), GE Vernova Inc (US), GEA (Germany), Daikin Industries, Ltd. (Japan) and Donaldson Company, Inc. (US)
The global Air Quality Control Systems Market is projected to reach USD 150.7 billion by 2029 from an estimated USD 107.4 billion in 2024, at a CAGR of 7.0% during the forecast period. The demand for air quality control systems is growing globally due to increasing health concerns and awareness of the adverse effects of air pollution on human health. Rapid industrialization and urbanization contribute to rising emissions from factories and vehicles, exacerbating air pollution. Governments are implementing stricter regulations to reduce pollution levels, driving the need for advanced air purification and filtration technologies. Additionally, public demand for cleaner air and real-time pollution monitoring is fueling market growth, as people become more aware of the long-term benefits of improved air quality.
Due to the abundant availability of networks, a few global and regional firms have a solid presence in the Air Quality Control Systems market. Air Quality Control Systems industry leaders include Mitsubishi Heavy Industries (Japan), GE Vernova Inc (US), GEA (Germany), Daikin Industries, Ltd. (Japan) and Donaldson Company, Inc. (US) among others. To grow their market share, these organizations used techniques such as product launches, contracts, agreements, partnerships, acquisitions, investments, and expansions.
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Mitsubishi Heavy Industries, is a prominent company in air quality control systems (AQCS), combining the selective catalytic reduction (SCR), electrostatic precipitator (ESP), and flue gas desulfurization (FGD) technologies to provide comprehensive means for purifying exhaust gas emissions from various sources, serving diverse industries such as energy, space, transportation, environment, industrial machinery, living and leisure, aircraft, ship and ocean, material handling, automotive, infrastructure, and defense. Organized into four business segments – energy systems, plants and infrastructure systems, logistics, thermal and drive systems, and aircraft, defense, and space – the company engages in activities ranging from gas, steam, and nuclear power systems to aerospace technology, marine machinery, commercial ships, chemical plants, environmental solutions, and defense systems, showcasing its broad expertise across various domains.
In May 2024, Mitsubishi Heavy Industries (MHI) partnered with Chiyoda Corporation to expand CO2 capture technology in Japan. MHI will license their co-developed capture process to Chiyoda, who can then offer engineering services for carbon capture projects. This collaboration leverages each company's strengths to meet decarbonization goals.
GE Vernova Inc, is an energy equipment manufacturing and services company headquartered in Cambridge, Massachusetts. The company is a result of General Electric merging and spinning off its energy businesses: GE Power, GE Renewable Energy, GE Digital, and GE Energy Financial Services. GE Vernova is a planned purpose-built company on a mission to electrify the planet while simultaneously working to decarbonize it.
General Electric (GE) stands as a prominent digital industrial company and a major global provider of power generation solutions. The company is structured into three Business segments: Power, wind, and Electrification segment. Within the Electrification segment, GE offers Air Quality Control System (AQCS) services. GE's Power business is divided into Gas Power and Power Portfolio.
GEA, is one of the world’s largest suppliers of systems and components to the food, beverage, and pharmaceutical industries. The international technology group, founded in 1881, focuses on machinery and plants, as well as advanced process technology, components, and comprehensive services. GEA is divided into five divisions, each with up to six business units. The units are based on comparable technologies and have leading market positions. The country organizations stand ready to serve their respective customers as a central point of contact, offering them local access to an extensive portfolio of products and services.
Daikin Industries, Ltd., is a global leader in air conditioning and HVAC (Heating, Ventilation, and Air Conditioning) systems headquartered in Osaka, Japan. The company is renowned for its wide range of air conditioning and HVAC products for residential, commercial, and industrial applications. Its product lineup includes air conditioners, heat pumps, chillers, air purifiers, and ventilation systems.
The company also produces refrigeration equipment for commercial and industrial use, including refrigerators, freezers, cold storage, and refrigerated transport solutions. Daikin is involved in the production of fluorochemicals, including refrigerants, solvents, and fluoropolymers used in various industries such as electronics, automotive, and construction.
Donaldson Company, Inc., is one of the leading manufacturers of Industrial filtration systems and their replacement parts. These filtration solutions and products are used across various industries, such as aerospace, agriculture, construction, food & beverages, manufacturing, mining, and power generation. The company operates in two business segments: Engine Products and Industrial Products.
In January 2023, Donaldson Company, Inc. launched Managed Filtration Services, combining their iCue monitoring tech, industry expertise, and service network to offer condition-based maintenance and repair for industrial filtration equipment, optimizing performance and uptime.
Related Reports:
Air Quality Control System Market by Technology (FGD, Electrostatic Precipitators, NOx Control Systems, Scrubber & Mercury Control Systems), Pollutant Type (Gas, Dust, Multi-Pollutant), Product type, End User & Region - Global Forecast to 2029
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