Indoor Air Purification Market Competitive Landscape, Growth Factors, Revenue Analysis, 2017–2027

Indoor Air Purification Market
Indoor Air Purification Market

The global Indoor Air Purification market is forecast to reach USD 37.94 Billion by 2027, according to a new report by Reports and Data. The sector expects to be powered by an increased prevalence of infectious pathogens, as well as increasing pollution levels in urban areas. Many of the variables projected to drive change are also improved working standards, increased disposable earnings, and enhanced health literacy. The rising need for air pollution control equipment to be introduced anticipates rising demand for air purifiers, especially in emerging regions. Growing understanding of health expects to make a significant contribution to growth, particularly among urban youth.

Strict environmental conservation regulations, increasing globalization, and awareness of emissions management expect to have a positive effect on U.S. market development over the forecast period. The U.S. industry is predicted to lead the commodity segment of High-Efficiency Particulate Matter (HEPA) over the projected period, as it is the most effective method for collecting harmful airborne particles.

Asia-Pacific anticipated it would become the fastest-growing national segment over the forecast period. Owing to many factors, including rapid urbanization and increasing industrialization, the region expects to dominate the market together with a growing disposable income population.

The Covid-19 Impact

The coronavirus outbreak has created a major fright and concern pertaining to the contagious diseases. As a preventive preparation, more and more common individuals and commercial sectors are incorporating technologies that can potentially mitigate the spread of the virus outbreak or execute entirely. Many consumer electronics & appliances corporations are heavily investing in their R&D and looking into ways to find electronics products that can kill the harmful bacteria and viruses in the airflow designed for both the household and commercial purposes. Many companies have already come up with product line-ups that are claimed to kill or remove the COVID-19.

However, due to the lockdown situation, the manufacturing industries are being drastically affected, which is expected to meet its peak during the Q3 of this fiscal year upon resuming the production facility and distribution chains.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3492

Key participants include Abatement Technologies, Inc., Aprilaire, 3M Purification Inc., AllerAir Industries Inc., Honeywell International Inc., Blueair, Inc., Clarcor, Inc., Sharp Corporation, MANN+HUMMEL GmbH, and Daikin Industries, Ltd., among others.

Further key findings from the report suggest

  • Fume and smoke collectors held a significant share in the market owing to the high application of the product in removing wet and dry vapors, dust, gases, and smoke from the air inside the room.
  • High-Efficiency Particulate Arrestance (HEPA) technology helps in removing at least 99.9% of pollen, dust, bacteria, mold, and other airborne particles that have a size of 0.3 microns. This ensures that the air blowing in the room is clean and safe. It is essential for patients in hospitals who cannot come in contact with contagious or outside particles.
  • The residential sector is projected to have the fastest growing CAGR of 10.6% during the forecast period. Due to the rising population and urbanization, increasing pollution, especially in countries like China, India is the major factor for the growth in this region.
  • Asia-Pacific region dominated on the global level with a CAGR of 11.5% due to the increasing population and urbanization. In addition to this, the residential sector in the region held 22.4% of the total global share in 2019 because of the extensive use of smart purifiers in this sector.

To know more about the report, visit @ https://www.reportsanddata.com/report-detail/indoor-air-purification-market

For the purpose of this report, Reports and Data have segmented into the global Indoor Air Purification market on the basis of the product, technology, application, and region:

Product Outlook (Revenue, USD Billion; 2017-2027)

  • Fume & smoke collectors
  • Fire & emergency exhaust
  • Dust collectors & vacuums
  • Mist eliminators
  • Others

Technology Outlook (Revenue, USD Billion; 2017-2027)

  • Electrostatic precipitators
  • Ionic filters
  • High-Efficiency Particulate Arrestance (HEPA)
  • Activated carbon
  • Others

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Commercial
  • Industrial
  • Residential

Regional Analysis:

The report offers clear insights into the regional bifurcation of the market with regards to the regions where the market has already established its prominence. Furthermore, it analyses the key regions for production and consumption ratio, import/export analysis, supply and demand dynamics, regional trends and demands, and the presence of prominent players in each region. The regional analysis segments also offer a country-wise analysis to offer a panoramic view of the market.

The regional analysis covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Request a customization on the report @ https://www.reportsanddata.com/request-customization-form/3492

Competitive Landscape:

The report offers a comprehensive overview of the competitive landscape of the market to provide an advantage to the reader. This segment focuses on the initiatives and innovations adopted by the key players to gain a strong foothold in the market. The report also sheds light on mergers and acquisitions, joint ventures, collaborations, partnerships, and agreements, among others, to offer a better understanding of the market. The report also offers insights into revenue, gross profit margin, financial standing, market position, product portfolio, and other vital aspects of each player. The report also includes a thorough SWOT analysis and Porter’s Five Forces analysis.

Thank you for reading our report. For more details about the report and customization feature, please connect with us. Our team will ensure the report is tailored to meet your requirements.

Browse Our Related Reports:

Geosynthetics Market Unites States

Stainless Steel Market United Kingdom

Carbon Steel Market Japan

Rainscreen Cladding Market China

Modular Construction Market North America

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Power and Energy, and Chemicals. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

Read Full Press Release: https://www.reportsanddata.com/press-release/global-indoor-air-purification-market

You may also like...

Leave a Reply

Your email address will not be published.