Air Purifier Market: Global Industry Analysis and Forecast (2021-2027) by Technology and End User.

Global Air Purifier Market size was volume at 8.89 million units. In 2020 and commercial is one of the dominating segments reviewed in our report is dominating the Global Air Purifier Market.

Global Air Purifier Market Overview:

An air purifier is a system that removes pollutants from the air and improves the quality of the air. In recent years, the population has shifted to a cleaner environment and sustainable living is investing in products like air purifiers. In the healthcare and commercial sectors, air purifiers are available as small or large units that can be connected to HVAC units, manufacturing, and commercial industries. Air purifiers have not yet been fully deployed in emerging markets around the world. In 2019, with the outbreak of Covid19, people began to become more aware of the importance of breathing clean air and protecting against bacteria and viruses. Significant increases in emission levels in developing countries as a result of rapid industrialization and urbanization offer significant opportunities for international key players. Air Purifier Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020's market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.

Global Air Purifier Market Dynamics:

Increased airborne infections and pollution in urban areas should drive demand for air purifiers. In addition, increased disposable income heightened health awareness, and improved living standards are expected to boost business growth. To successfully launch a model in the air purification industry, start-ups are looking to crowdfunding technology. Air quality sensors that work with air purifiers to calculate the risk of viral infections and microbial growth benefit device manufacturers. Market participants are primarily interested in expanding their global reach and presence. To maintain their competitive advantage in the global market, they employ merger and acquisition, alliance, and cooperation tactics. Also, the most important factor driving the progress of air purification technology is the improvement and production of new products. For example, in 2019, American Air & Water Inc. Partnered with the Don Ryan Center for Innovation (DRCI) to support the launch of the Prism UVTM indoor pathogen disinfectant with intelligent light technology. The integration of new technologies such as the Internet of Things (IoT) and artificial intelligence (AI) is essential to product transformation. To change customer preferences for intelligent and practical products, industry participants need to regularly develop innovations in air purification technology. April 2020 Daikin Industries, Ltd. Invests in Locix Inc, a US start-up company. Invest $ 2 million to expand the AC solutions market with spatial intelligence solutions.

Restraints

Due to a lack of awareness and misinformation about the product, Air Purifier is yet to pick up the market. In 2020, many brands see little movement in the sale but given the market condition and awareness among consumers, the market is expected to accelerate in coming years.

Global Air Purifier Market Segment Analysis:

By Technology, HEPA dominating segment in the Global Air Purifier Market share 39.9% of the global share and is expected to boost the market as the awareness and product need are on the verge to grow. Hotels and restaurants use activated carbon and HEPA air purifiers to remove airborne particles, smoke, and odors from the air and improve air quality. HEPA filters are very effective at capturing pollen, dust, smoke, and bio pollutants in the air. Consumers like them because they can filter over 99% of the airborne particles. As a significant proportion of the world's population suffers from respiratory illnesses such as asthma, these air purifiers suffer by efficiently filtering harmful dust particles to improve overall health. Air Purifier Market by Type By Application, The commercial application is dominating segment in the Global Air Purifier Market accounting for 54.4% of the global share in 2020. Commercial uses of air purifiers include hospitals, offices, hotels, educational centers, cinemas, shopping malls, conference centers, and other recreational facilities. Hotels and restaurants use activated carbon and HEPA air purifiers to remove airborne particles, smoke, and odors from the air, improving corporate air quality. The Air purifier is used in dental and medical laboratories, veterinary clinics, animal shelters, kennels, clinics, and hospitals to remove allergens, airborne pathogens, and odors from the air and patients working in these facilities. And maintain the indoor air quality of employees. Due to the ability of air purifiers to limit the spread of infectious diseases, demand is increasing in various medical facilities around the world during the COVID 19 pandemic. Air Purifier Market by Installation

Global Air Purifier Market Regional Insights:

The Asia Pacific region dominated the market, accounting for 41.6% of global sales in 2020. This is due to several factors, including rapid urbanization and industrialization, and an increase in the high disposable income population. In addition, increased smog and air pollution, especially in countries such as India and China, are expected to increase the acceptance of air purifiers and complement the growth of regional markets. Advances in urbanization, political measures, and industrialization are some of the factors that have influenced the balance of South Korea's ecosystems and the deterioration of air quality. Increased awareness of health hazards and illnesses caused by exposure to harmful particles at work and home is expected to have a positive impact on national market growth. The North American market is expected to grow at a CAGR of 8.8% over the forecast period. Air quality directives such as the introduction of national air quality standards by the US EPA, the US Clean Air Act, and the Comprehensive Emission Reduction Strategy by the Canadian Ministry of the Environment aim to provide new opportunities for air purifier manufacturers. Increasing the installation of comprehensive systems to monitor ambient air quality, coupled with the development and implementation of regulatory measures and the organization of air quality management programs to raise public awareness, in Mexico is expected to increase the demand for air purification equipment over the next few years. The objective of the report is to present a comprehensive analysis of the Global Air Purifier market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Air Purifier market dynamics, structure by analyzing the market segments and projecting the Global Air Purifier market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Air Purifier market make the report investor’s guide.

Global Air Purifier Market Scope: Inquire before buying

Global Air Purifier Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $8.89 Mn.
Forecast Period 2021 to 2027 CAGR: 8.3% Market Size in 2027: US $ 15.53 Mn.
Segments Covered: by Technology • High-Efficiency Particulate Air(HEPA) • Activated Carbon • Ionic Filters • Other
by Application • Residential • Industrial • Commercial

Global Air Purifier Market, by Region

• North America • Europe • Asia Pacific • The Middle East and Africa • South America

Global Air Purifier Market Key Players

Honeywell International Inc. • Whirlpool Corporation • Alen Corporation • AllerAir Industries Inc. • Koninklijke Philips N.V. • Dyson Limited • Unilever plc • The Camfil Group • IQ Air • WINIX Co. Ltd. • Sharp Corporation • Daikin Industries Ltd. • Samsung Electronics Co. Ltd. • LG Electronics Inc. • Xiaomi Corporation • HSIL Limited • Panasonic Corporation • Kent RO Systems

FAQ

1] What segments are covered in the Global Air Purifier Market report? Ans. The segments covered in the Global Air Purifier Market report are based on Technology and Application. 2] Which region is expected to hold the highest share in the Global Air Purifier Market? Ans. Asia Pacific Region is expected to hold the highest share in the Global Air Purifier Market. 3] What is the market size of Global Air Purifier Marketby2027? Ans. The market size of the Global Air Purifier Market by 2027 is 15.53 million units 4] Who are the top key players in the Global Air Purifier Market? Ans. Honeywell International Inc., Whirlpool Corporation, Alen Corporation, AllerAir Industries Inc., Koninklijke Philips N.V., Dyson Limited, Unilever plc, The Camfil Group, IQ Air, WINIX Co. Ltd., Sharp Corporation, Daikin Industries Ltd., Samsung Electronics Co. Ltd., LG Electronics Inc., Xiaomi Corporation, HSIL Limited, Panasonic Corporation, Kent RO Systems 5] What was the market size of the Global Air Purifier Market in 2020? Ans. The market size of the Global Air Purifier Market in 2020 was 8.89 million units.
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About This Report

Report ID 102643
Category Engineering Equipment
Published Date May 2021
Updated Date Nov 2021
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