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Global Air Purifier Market | Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2029

Global Air Purifier Market | Industry Analysis, Size, Share,

Market Overview:

Global Air Purifier Market Was Valued At USD 13.14 Billion In 2021 And Is Expected To Reach USD 26.43 Billion By The Year 2028, At A CAGR Of 10.5%.

An air purifier is a device designed to improve indoor air quality by removing contaminants and pollutants from the air. It works by drawing in air from the surrounding environment and passing it through a series of filters or purification mechanisms to capture particles and potentially harmful substances. Air purifiers play a crucial role in minimizing airborne pollutants, including viruses and bacteria, especially in homes and confined spaces. However, it has been established that portable air purifiers alone are insufficient for protection against the coronavirus. Manufacturers of air purifiers are now emphasizing that these devices should be used in conjunction with other guidelines from the Centers for Disease Control and Prevention (CDC) to effectively combat exposure to the novel virus.

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Market Dynamics:

Driver:

Government initiatives to combat air pollution play a significant role in driving the market for air purifiers. Governments around the world are increasingly recognizing the adverse effects of air pollution on public health and the environment, leading them to implement regulations and initiatives to improve air quality. These actions create a favorable environment for the growth of the air purifier market. Air Quality Standards and Regulations, Incentives and Subsidies, Public Awareness Campaigns, Collaborations and Partnerships. These government initiatives create a supportive environment for the air purifier market by increasing demand and driving adoption across various sectors. They also contribute to the overall goal of reducing air pollution and improving public health.

Opportunities:

In various industries such as semiconductors, pharmaceutical, food and beverage production, medical, and other industrial facilities, the increasing levels of air pollution, particularly in densely populated regions, have emerged as significant concerns, causing detrimental effects on the environment, human health, and agricultural crop yield. However, these factors are expected to create numerous opportunities for the growth of the Air Purifier Market in the future.

Key Chapter Will Be Provided In The Report

•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis
•SWOT Analysis

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Market Segmentation

By Technology, HEPA is dominating the Air Purifier Market during the forecasted period. HEPA led the market and accounted for over 40.0% share of the global revenue in 2021. HEPA (High-Efficiency Particulate Air) filters are highly efficient in trapping airborne particles, including pollen, dust, smoke, and bio-contaminants. The high quality and reliability of HEPA filters to remove airborne particles are likely to spur product penetration in the global market.

By Application, Commercial is dominating the segment in Air Purifier Market. Hospitals, workplaces, hotels, educational institutions, movie theatres, retail malls, conference centers, and other recreational facilities are all places where air purifiers are used commercially.

By Technology

•HEPA
•Activated Carbon
•Ionic Filters

By Application
•Commercial
•Residential
•Industrial

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Regional Analysis of Air Purifier Market

The Asia Pacific is dominating the Air Purifier Market. Due to many factors, including fast urbanization and industrialization, as well as a growing population with higher disposable income, Asia Pacific led the market and accounted for over 40.0 percent of worldwide revenue in 2021. Furthermore, growing smog and air pollution situations, particularly in nations like India and China, are predicted to drive air purifier usage, complementing regional market expansion. Growing urbanization, governmental policies, and increased industrialization are only a few of the causes that have harmed South Korea's ecological balance and lowered air quality. Rising public awareness of the health risks and illnesses associated with exposure to hazardous particles at work or home is expected to boost the market growth in the nation.

•North America
o US
o Canada
o Mexico

•Eastern Europe
o Bulgaria
o The Czech Republic
o Hungary
o Poland
o Romania
o Rest of Eastern Europe

•Western Europe
o Germany
o UK
o France
o Netherlands
o Italy
o Russia
o Spain
o Rest of Western Europe

•Asia Pacific
o China
o India
o Japan
o South Korea
o Malaysia
o Thailand
o Vietnam
o The Philippines
o Australia
o New Zealand
o Rest of APAC

•Middle East & Africa
o Turkey
o Bahrain
o Kuwait
o Saudi Arabia
o Qatar
o UAE
o Israel
o South Africa

•South America
o Brazil
o Argentina
o Rest of SA

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Players Covered in Air Purifier market are :
•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 report provides insights on the following pointers:

1.Market Penetration: Offers comprehensive information on the market offered by the key players

2.Market Analysis: Provides detailed information on lucrative growing markets and examines market penetration across mature segments.

3.Market Diversification: Details regarding new product launches, untapped geographies, recent developments, and investments are provided.

4Competitive Landscape: Provides an in-depth analysis of the top companies' market shares, strategies, products, certification, regulatory approvals, patent landscape, and production capabilities.

5.Industry Dynamics and Factors: Offers insightful information about future technologies, R&D initiatives, and game-changing product breakthroughs.

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Key Developments of Air Purifier Market

October 2021, Dyson has introduced two new air purifiers that can produce both hot and cold air. The HEPA 13 standard filtration of this air purifier is sealed and eliminates 99.95 percent of particles as tiny as 0.1 microns.

The report covers exhaustive analysis on:

•The market size and industry growth rate of the global and regional market across various segments

•Based on extensive primary and secondary research this report provides comprehensive and granular data

•Key technological advancements and market trends that shape the market

•Brand dynamics and distribution trends in order to effectively plan strategies in the forecast period 2022-2028

•Key companies operating in this market and their market share

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https://introspectivemarketresearch.com/reports/outdoor-tv-market/

https://introspectivemarketresearch.com/reports/microwave-ovens-market/

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Email : sales@introspectivemarketresearch.com

About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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