An air purifier is a device that filters home or industrial air and removes polluting particles such as dust and pollen. It is used to filter the air and improve air quality while restricting the spread of dangerous substances. Air purifiers help to avoid a variety of health problems caused by air pollution, such as neurological and respiratory difficulties.
Air Purifier Market Report Scope and Research Methodology:
The market report provides historical data and revenue growth estimates at the regional and country levels, as well as a full analysis of Air Purifier market trends in each of the main segments and its sub-segments from 2022 to 2029. The Stellar Market Research team’s major research approach is data triangulation, which includes an investigation of the impact of data variables on the Air Purifier market, data mining, and primary (industry expert) validation. The research paper discusses the past and present state of the Air Purifier market. predicted trends and size. The study report provides an easy-to-understand examination of the Air Purifier market’s intricate statistics. SWOT analysis was utilized to identify the strengths, weaknesses, opportunities, and threats for major players in the Air Purifier industry, and a bottom-up technique was employed to estimate market size.
Air Purifier Market Report Overview:
The forecast was created mostly by analysing historical data and current market trends in the Air Purifier Market. It includes market size, share, regional analysis, dynamics, CAGR, and future trends, making the study a useful reference for investors because it provides a forward-looking picture of the Air Purifier Industry.
Air Purifier Market size was valued at US$ 11 Bn. in 2020. Air Purifier will encourage a great deal of transformation in the Consumer Durables
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Air Purifier Market Regional Analysis:
The Air Purifier Market research examines all regions: Europe, North America, Asia-Pacific, the Air Purifier , and Latin America. The report provides the current condition and prediction for the regional Air Purifier market in terms of market size, share, and volume.
Air Purifier Market Segmentation:
By technology, HPEA dominated the market, accounting for 41% of the Air Purifier Market. These are extremely effective at trapping airborne particles such as pollen, dust, and bio-containments. These reasons are propelling the market segment’s expansion.
Activated carbon, also known as activated carbon filters, are microscopic particles of powder or granules that have been treated with oxygen to open the pores of carbon atoms. This increases the surface area of the carbon, making it porous and increasing its ability to absorb particles in the air. These filters absorb gases and aromas emitted by cooking, mold, chemicals, pets, and smoke. This segment is predicted to develop at a 6.8% CAGR throughout the projection period.
In 2020, the commercial segment dominated the air purifier market with a 55% share. Hospitals, workplaces, hotels, educational facilities, cinemas, shopping malls, conference centers, and other recreational facilities are all commercial users of air purifiers. Air purifiers are used to remove allergies, airborne pathogens, and odors from the air and patients working in dentistry and medical laboratories, veterinary clinics, animal shelters, clinics, and hospitals. Maintain the staff’s interior air quality. During the COVID 19 pandemic, demand for air purifiers is increasing in many medical institutions around the world due to its potential to reduce the transmission of infectious diseases.
During the projection period, the Industrial segment is expected to increase at a CAGR of 6%. Food and beverage, printing, power plants, chemicals, petrochemicals, and manufacturing are all businesses that employ air purifiers. Air purifiers assist eliminate weld fume, asbestos, construction dust, and other particles that are hazardous to employees and can harm the environment if left untreated.
Air Purifier Market Key Players:
IQAir
Daikin
Honeywell International, Inc.
LG Electronics, Inc.
Unilever PLC
Koninklijke Philips N.V.
Panasonic Corporation
Hamilton Beach Brands, Inc.
Whirlpool Corporation; Carrier
Camfil
Sharp Electronics Corporation
COWAY Co., Ltd.
Samsung Electronics Co., Ltd.
Dyson
Molekule
Key Questions answered in the Air Purifier Market Report are:
What are the Air Purifier market segments?
Which region of the Air Purifier market is expected to grow at a high rate during the forecast period?
What is the expected CAGR of the Air Purifier market during the forecast period?
What are the emerging trends in the Air Purifier market?
What are the factors restraining the Air Purifier market growth?
Key offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments and sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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