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on March 27, 2024
The Global Air Purifier Market size is expected to grow from USD 14.55 Billion in 2023 to USD 32.8 Billion by 2030, at a CAGR of 10.7% during the forecast period (2023-2030).
An air purifier helps to clean indoor air by removing pollutants. A portable version is used inside buildings. Artificial Intelligence (AI) is impacting the global air purifier market in several ways. It makes air purifiers work better, improves monitoring and analysis of air quality, and adds smart features to the devices. AI algorithms are used to optimize how air purifiers clean the air. They can adjust things like fan speed and filter changes based on real-time data about air quality. AI-powered air purifiers can also analyze air quality measurements like particle levels and chemicals, giving users accurate advice on how to keep indoor air healthy. Furthermore, AI lets air purifiers have smart functions like voice control, remote monitoring, and automatic alerts about air quality issues, making them more convenient and effective for users.
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Top Key Players of Air Purifier Market:
Daikin Industries Ltd. (Japan) Sharp Corporation (Japan) Honeywell International Inc. (US) Samsung Electronics Co. Ltd. (South Korea) LG Electronics Inc. (South Korea) Koninklijke Philips N.V. (Netherlands) Dyson (UK) Unilever Group (UK) Panasonic Corporation (Japan) Whirlpool Corporation (US) AllerAir Industries Inc. (US) IQAir (Switzerland) Winix Co. Ltd. (South Korea) Xiaomi Corporation (China) Camfil AB (Sweden) Airpura Industries Inc. (Canada) Airgle Corporation (US) Hunter Pure Air (US) Kent RO Systems Ltd. (India) SHIL Limited (India) IDEAL Krug & Priester GMBH & Co. KG (Germany) Havells India Ltd. (India) Molekule (US) Carrier Global (US) Coway CO. Ltd. (South Korea) and other major players.
The latest research on the Air Purifier market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the Air Purifier industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Air Purifier market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Drivers:
Increased awareness about the health risks linked to indoor air pollution is fueling the demand for air purifiers. People are more aware of the air they breathe, especially in cities with high pollution levels. growing concerns about respiratory problems, allergies, and other health issues caused by poor indoor air quality are leading individuals to invest in air purifiers for their homes, offices, and other indoor spaces.
Advancements in air purification technology are continuously improving the efficiency, energy consumption, and affordability of air purifiers. Features like HEPA filters, activated carbon filters, UV-C light sterilization, and smart connectivity are making air purifiers more effective and user-friendly.
Air Purifier Market Segmentation:
By Technology
- HEPA
- Activated Carbon
- Ionic Filters
By Application
- Commercial
- Residential
- Industrial
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Merits of Buying the Report:
- Vigorous and thorough research methodology
- Comprehensive understanding of the competitive scenario
- Wide spectrum of data on recent product and technological developments
- Analytical data on the impact of advancements on future Market growth
- In-depth historical data incorporated since 2017
- User-friendly insights with graphical representations
- Detailed analysis of Market drivers, restraints, challenges, and opportunities
- Complete assessment of anticipated Market behavior and continuously transforming scenarios
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