Award-winning consulting firm Fact.MR’s report on the global air purifier market forecasts a healthy outlook, expecting almost threefold growth to surpass US$ 20 billion by 2031. Anticipated CAGR for the market is a whopping 10%, majorly underpinned by increasing need for indoor and outdoor air purification mechanisms to improve air quality.
Consumers are increasingly leaning towards high efficiency particulate air (HEPA) purifiers, amid its ability to filter out 99.9% pathogens. Simultaneously, preference for activate carbon filter mounted and UV technology air purifiers is also experiencing a major incline. Drastically altering climatic conditions have resulted in heightened PM 2.5 levels and other pollutants, which has significantly deteriorated air quality, providing a significant nudge to the aforementioned air purifier categories.
Air purification with natural biotics is yet another significant development that is positively impacting air purifier demand, with initiatives such as the Clean Air Zone throughout the U.K. to promote enhanced air quality providing a firm foundational base. Players such as Brondell are gaining popularity for the Pro Sanitizing Air Purifier, which uses the shotgun approach, i.e. a combination of HEPA filter, a disinfecting UV lamp, a nano-crystalline filter, and a plasma generator.
Key Takeaways from Market Study
- By technology, HEPA purifiers to account for over 2 out of 5 sales through 2031
- Activated carbon filter air purifier demand to registering a staggering 11% CAGR throughout the forecast period
- By end user, commercial establishments are likely to account for 70% air purifiers usage
- Rising cases of airborne diseases such as asthma to drive air purifier sales across the U.S.
- The U.K. to experience noteworthy expansion amid increasing casualties arising out of air pollution
- China to emerge as a significant growth hotspot amid rising home-grown initiatives to curb air pollution levels
Competitive Landscape
Prominent air purifier manufacturers emphasize on launching new and technologically advanced product lines to increase their market presence. Furthermore, they also rely on collaborations with existing players and technology companies to expand their production capacities.
- In October 2020, Koninklijke Philips N.V. introduced the New Urban Living Series air purifiers designed for residential use in urban areas. The new series is equipped with the AeraSense and VitaShield Intelligent Purification System technology, capable of removing 99.97% indoor air pollutants up to 0.003 microns
- In January 2021, Panasonic Corporation launched a new range of air conditioners equipped with the NanoeTM Technology which releases hydroxyl radicals capable of inhibiting several bacteria and viruses, including the SARS-CoV2 to the tune of 99.99%
- American Air & Water Inc.
- Daikin Industries Ltd.
- Eureka Forbes Ltd.
- Hitech Ultraviolet Pvt. Ltd.
- Honeywell International Inc.
- IQAir
Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=4617
Global Air Purifier Market: Segmentation
- Mounting Type
- Fixed Air Purifiers
- Portable Air Purifiers
- Product Type
- Upper Air Purifiers
- In-duct Air Purifiers
- Self-contained/Standalone Air Purifiers
- Technology
- HEPA Filtration Air Purifiers
- Activated Carbon Filter Air Purifiers
- Ionic Filter Air Purifiers
- Ultraviolet (UV) Technology Air Purifiers
- Other Air Purifiers
- End User
- Air Purifiers for Residential Use
- Air Purifiers for Commercial Use
- Air Purifiers for Industrial Use
- Distribution Channel
- Online Air Purifier Sales
- Company-owned Websites
- e-Commerce Websites
- Offline Air Purifier Sales
- Hypermarkets/Supermarkets
- Specialty Stores
- Others
Following Questions Answers Covered in the Report are:
- How will the global Air Purifier Market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the global Air Purifier Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global Air Purifier Market?
- How will these strategies influence the market growth and competition?
Access Research Methodology Prepared By Experts – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4617
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Get More Insights –http://www.globenewswire.com/en/news-release/2018/10/17/1622711/0/en/US-51-Bn-Fresh-Onions-and-Shallots-Market-Slated-to-Witness-a-Robust-Growth-through-2022-Medicinal-Benefits-to-Contribute-the-Most-Predicts-Fact-MR.html
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Award-winning consulting firm Fact.MR’s report on the global air purifier market forecasts a healthy outlook, expecting almost threefold growth to surpass US$ 20 billion by 2031. Anticipated CAGR for the market is a whopping 10%, majorly underpinned by increasing need for indoor and outdoor air purification mechanisms to improve air quality.
Consumers are increasingly leaning towards high efficiency particulate air (HEPA) purifiers, amid its ability to filter out 99.9% pathogens. Simultaneously, preference for activate carbon filter mounted and UV technology air purifiers is also experiencing a major incline. Drastically altering climatic conditions have resulted in heightened PM 2.5 levels and other pollutants, which has significantly deteriorated air quality, providing a significant nudge to the aforementioned air purifier categories.
Air purification with natural biotics is yet another significant development that is positively impacting air purifier demand, with initiatives such as the Clean Air Zone throughout the U.K. to promote enhanced air quality providing a firm foundational base. Players such as Brondell are gaining popularity for the Pro Sanitizing Air Purifier, which uses the shotgun approach, i.e. a combination of HEPA filter, a disinfecting UV lamp, a nano-crystalline filter, and a plasma generator.
Key Takeaways from Market Study
- By technology, HEPA purifiers to account for over 2 out of 5 sales through 2031
- Activated carbon filter air purifier demand to registering a staggering 11% CAGR throughout the forecast period
- By end user, commercial establishments are likely to account for 70% air purifiers usage
- Rising cases of airborne diseases such as asthma to drive air purifier sales across the U.S.
- The U.K. to experience noteworthy expansion amid increasing casualties arising out of air pollution
- China to emerge as a significant growth hotspot amid rising home-grown initiatives to curb air pollution levels
Competitive Landscape
Prominent air purifier manufacturers emphasize on launching new and technologically advanced product lines to increase their market presence. Furthermore, they also rely on collaborations with existing players and technology companies to expand their production capacities.
- In October 2020, Koninklijke Philips N.V. introduced the New Urban Living Series air purifiers designed for residential use in urban areas. The new series is equipped with the AeraSense and VitaShield Intelligent Purification System technology, capable of removing 99.97% indoor air pollutants up to 0.003 microns
- In January 2021, Panasonic Corporation launched a new range of air conditioners equipped with the NanoeTM Technology which releases hydroxyl radicals capable of inhibiting several bacteria and viruses, including the SARS-CoV2 to the tune of 99.99%
- American Air & Water Inc.
- Daikin Industries Ltd.
- Eureka Forbes Ltd.
- Hitech Ultraviolet Pvt. Ltd.
- Honeywell International Inc.
- IQAir
Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=4617
Global Air Purifier Market: Segmentation
- Mounting Type
- Fixed Air Purifiers
- Portable Air Purifiers
- Product Type
- Upper Air Purifiers
- In-duct Air Purifiers
- Self-contained/Standalone Air Purifiers
- Technology
- HEPA Filtration Air Purifiers
- Activated Carbon Filter Air Purifiers
- Ionic Filter Air Purifiers
- Ultraviolet (UV) Technology Air Purifiers
- Other Air Purifiers
- End User
- Air Purifiers for Residential Use
- Air Purifiers for Commercial Use
- Air Purifiers for Industrial Use
- Distribution Channel
- Online Air Purifier Sales
- Company-owned Websites
- e-Commerce Websites
- Offline Air Purifier Sales
- Hypermarkets/Supermarkets
- Specialty Stores
- Others
Following Questions Answers Covered in the Report are:
- How will the global Air Purifier Market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the global Air Purifier Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global Air Purifier Market?
- How will these strategies influence the market growth and competition?
Access Research Methodology Prepared By Experts – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4617
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Get More Insights –http://www.globenewswire.com/en/news-release/2018/10/17/1622711/0/en/US-51-Bn-Fresh-Onions-and-Shallots-Market-Slated-to-Witness-a-Robust-Growth-through-2022-Medicinal-Benefits-to-Contribute-the-Most-Predicts-Fact-MR.html
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
