Global Air Purifier Market Overview:
The air purifier is a device which removes impurities from the air in a room. Air purifiers Improve indoor Climate of the room and protect the health of patients with allergy, respiratory ailments, and asthmatic condition. It also helps in reducing second-hand tobacco smoke by eliminating Volatile Organic Compounds and smoke particles from the air. Massive industrialization and technological developments for developing environment-friendly air purifier in order to reduce ozone emission expected to drive the air purifier market over the forecasted period. Some of the key players profiled in the study are Camfil (Sweden), Coway Co. Ltd. (South Korea), Honeywell International Inc. (United States), IQAir (Switzerland), Americair Corporation (Canada), Koninklijke Philips N.V. (Netherlands), Dyson Technology Limited (United Kingdom), Newell Brands Inc. (United States), Sharp Corporation (Japan), Bluestar Ltd. (India), Daikin Industries Ltd. (Japan), Unilever PLC (United Kingdom), Panasonic (Japan), Mann Hummel GmbH (Germany) and Whirlpool Corporation (United States).
On the basis of geography, the market of Air Purifier has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-Use Industry, the sub-segment i.e. Industrial will boost the Air Purifier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technique, the sub-segment i.e. Photo plasma technology will boost the Air Purifier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Track and regulate the indoor quality of air
- Captures DNA Damaging Particles, Bacteria, and Virus
- Rising Pollution Levels in the Urban Region
- Emphasizing on Air Purifier Integrated with Smartphone application
- Increasing Residential Applications of Air Purifier
- High Installation Cost associated with Air Purifiers
- Periodic Maintenance and Replacement of the Air Purifiers
- Rising Demand from Developing Countries Owing To Increasing Industrialization
- Increasing Investments in R&D for Product Innovation
- Reducing Production of Ozone by Air Purifiers Causing Environmental and Health Hazards
Major Market Developments:
8th February 2019, Dyson Technology Limited a home appliances company has extended its air purifier range in the Indian market with the launch of a new air purifier. This dual function air purifier offers both cooling in summers and heats up in winters simultaneously adjust the room temperature and cleans the air.
Air purifier market is fragmented owing to numerous players in the market. Market leaders are focusing on technological development to design air purifier for reducing adverse environmental effects and health hazards. Further, increasing investment and industrialization expected to drive the market.
Air Purifier Manufacturers, Suppliers and End Users, Technology Providers, Business Entities and Consulting Companies, Associations, Organizations, and Alliances Related to the Air Purifier, Government Regulatory and Research Organizations, Investment Research Firms / Associations, Government Organizations and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Air Purifier market on the basis of product [High-Efficiency Particulate Air (HEAP) Filters, Minimum Efficiency Reporting Value (MERV) Filters and Others] , application [Residential, Commercial and Other], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Air Purifier market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Air Purifier industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Eureka Forbes Ltd. (India), Clean Teq Holding Ltd (Australia) and Xiaomi Corporation (China).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Air Purifier market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.