The global air purifier market size is expected to reach USD 26.07 billion by 2030, registering a CAGR of 7.4% during the forecast period, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.3% from 2023 to 2030. The market is primarily driven by increasing air pollution levels, coupled with the outbreak of the COVID-19 pandemic and the rising awareness pertaining to the benefits of air purifiers. Air purifiers assist in eliminating various health hazards caused by poor air quality by removing contaminants, including dust, smoke, and pollen. In addition, these products aid people suffering from asthma, airborne allergies, and other respiratory conditions. Thus, increasing health awareness among consumers is expected to drive the product demand over the forecast period.
Air Purifier Market Report Highlights
- The HEPA technology segment held the largest revenue share of over 40.0% in 2023 owing to the high efficiency of HEPA filters in removing airborne particles as compared to other technologies, thereby augmenting its penetration in the market
- The commercial application segment is expected to witness significant growth from 2024 to 2030 on account of the growing demand for air purifiers in hospitals, universities, and government facilities amidst the COVID-19 pandemic
- In the APAC market, Malaysia is likely to expand at a significant CAGR over the forecast period on account of worsening air quality due to urbanization and seasonal haze, coupled with the increasing health awareness and a growing emphasis on good indoor air quality
- In September 2020, MANN+HUMMEL introduced two new high-performance room air purifiers, namely OurAir TK 850, which is suitable for filtering the air in indoor spaces of up to 70 m², and the OurAir SQ 2500, which is ideal for spaces up to 200 m².
For More Details or Sample Copy please visit link @: Air Purifier Market Report
Lockdown measures to curb the spread of COVID-19 and the stay-at-home and work-from-home norms have boosted the demand for air purifiers in residential applications. Furthermore, the demand for air purifiers increased in healthcare and other commercial facilities amidst the pandemic owing to their ability to limit the spread of infectious diseases. New product developments and technological advancements amid the COVID-19 pandemic are anticipated to augment the market growth. For instance, in September 2020, Aurabeat Technology Limited, a Hong Kong-based company, introduced Aurabeat AG+ Silver Ion Plasma Sterilization Air Purifier, which can eliminate more than 99.9% of COVID-19 within 30 minutes.
Wildfires and stubble burning that are increasingly found in the U.S., Australia, and India are some of the key reasons for causing air pollution. The smoke has several health implications such as eye and respiratory tract infection, lung infection, bronchitis, and heart failure. This has prompted consumers to buy air purifiers and is likely to augment the market growth over the forecast period. The pandemic provided an opportunity for companies with higher cashflows to acquire air purifier companies resulting in increased activity in the market. For instance, in November 2021, iRobot Corporation acquired Aeris Cleantec AG in a USD 72 Million all-cash deal in a bid to strengthen its portfolio of intelligent home innovation solutions.
Gain deeper insights on the market and receive your free copy with TOC now @: https://www.grandviewresearch.com/industry-analysis/air-purifier-market
We have segmented the global air purifier market on the basis of technology, application, coverage range, sales channel, type, and region.
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Contact:
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll-Free: 1-888-202-9519
Email: [email protected]
Web: https://www.grandviewresearch.com
Do you want to make sure that your existing indoor air quality devices are in good working order?
We use high-quality humidifiers, dehumidifiers, air purifiers, UV air purifiers, and air filtration systems, among others.
Don’t hesitate to getChoosing the Right Air Quality SystemIt can be difficult to figure out what type of air quality system works best for your home.
If humidity seems to be the issue, then make sure you get in touch with us.
If you find that your existing humidifier or air purifier is not working correctly, as evidenced by the return of contaminants or extreme fluctuations in humidity, we can assist you.
Our technicians can help you select the right air cleaner for your home.
Honest HVAC is a veteran owned and operated heating and air conditioning company specializing in HVAC maintenance, repair, and installation.https://honesthvacva.com/uv-lights-and-air-purifier/
Honest HVAC is a veteran owned and operated heating and air conditioning company specializing in HVAC maintenance, repair, and installation.https://honesthvacva.com
IoT as an interconnective device acts as a perfect medium to determine the quality of air in a particular facility.
High-end devices like sensors and meters embedded in strategic places can be used to ascertain the air quality index (AQI) or identify the presence of a particular harmful gas.Powered with features such as real-time monitoring, multi-channel alerts, and advanced analytics; IoT systems are the best tools to monitor air quality.
The data is transmitted to a centralized platform without any latency that enables the monitoring of AQI of a location from anyplace.With air quality monitoring systems, industries can detect the presence of these toxics and monitor air quality to take intelligent measures to improve the quality of air for their workers.
This leads to an increase in productivity, reduced equipment damage, and effective regulatory compliance.Visit: https://www.biz4intellia.com/blog/applications-of-industrial-iot-infused-air-quality-monitoring-systems/
Ambee aims to make data on hyperlocal air quality accessible to developers, users, health researchers and media firms.
We have asia's biggest and most reliable data on air quality
