Air Purifier Market Surveying Report, Drivers, Scope and Regional Analysis by 2020-2027
The global Air Purifier Market is projected to reach USD 18.15 billion by 2027, according to a recent report by Emergen Research. An improved version of the conventional air purifier, the smart air purifier automatically purifies the air for a variety of end users. It is connected to wireless networks like Wi-Fi and Bluetooth, and a smartphone app can control it remotely.
The main advantage of a smart air purifier is that customers can use their smartphones to monitor and adjust indoor air quality as well as change some basic settings. Additionally, the increased public awareness of the harmful effects of pollution on health motivates a number of electronics manufacturers to create sophisticated air filters. The need for smart air purifiers is also growing due to the increased necessity to eliminate tiny airborne particles and germs in commercial settings, workplaces, and households, including living rooms, bedrooms, kitchens, and bathrooms.
Many businesses in the global market for smart air purifiers were forced to temporarily halt operations due to the COVID-19 pandemic in order to adhere to new government rules intended to stop the disease’s spread. This interruption in operations has a direct influence on the market for air filters’ revenue flow. Due to a shortage of labour and raw resources during the lockdown, industrial goods production has also stopped. Furthermore, businesses that operate in this industry do not receive any new consignments. As a result, the lockdown and suspension of industrial activity for several months had an impact on the market share for smart air purifiers. During the projection period, the market is expected to slowly rebound.
Some Key Highlights from the Report
Despite supply chain disruptions, multinational air equipment firms are anticipated to use existing inventories to remedy the impeded production and international trade once lockdown restrictions caused by COVID-19 are lifted. Due to consumers’ discretionary spending power and low pollution levels, it is projected that the residential sector will recover slowly.
Air purifiers have been around for a while, but many people still consider them to be a luxury or style item rather than a need. It is projected that a temporary change focused on institutional and business end-users, particularly hospitals, offices, and government buildings, will help the air equipment industry recover.
With a market share of 45.1% in 2019, HEPA became the most popular technology due to the technology’s increased effectiveness when it comes to dust mites, pollens, soil particles, and other indoor allergens.
Unilever PLC, LG Electronics, Inc., IQAir North America, Panasonic, Aerus LLC, Whirlpool Corporation, Hamilton Beach Brands, Inc., Daikin Industries, Ltd., Honeywell International, Inc., and Koninklijke Philips N.V. are some of the major participants.
Emergen Research has segmented into the global Air Purifier Market on the basis of technology, applications and region:
Technology Outlook (Revenue, USD Billion; 2017-2027)
- High Efficiency Particulate Matter (HEPA)
- Activated Carbon
- Ionic Filters
Applications Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/air-purifier-market
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