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Global Air Purifier Market- By End-User (Commercial, Residential), By Technology (High-Efficiency Particulate Air (HEPA), Electrostatic Precipitator, Ion & Ozone Generators, Activated Carbon, Other Technologies), and By Region (North America, Europe, Asia Pacific, South America, and Middle East, & Africa)- Global forecast from 2020-2027.
Description
Global Air Purifier Market Overview:
The global air purifier market is estimated to increase market value by USD 26.36 million in 2030, with an escalating CAGR of 7.2% in the forecast period from 2022-2030, and it was valued at USD 15.20 billion in 2022. An air purifier refers to a product that can occupy, break down, or transform diverse toxic germs in the air and constructively improve the cleanliness of indoor air. It is used in the home, medical, and industrial fields, and the home air purifier is the mainstream product in the home field.Global Air Purifier Market Insights
The market demand for air purifiers is growing due to rising air pollution that decreases the air quality in indoor places, and emerging airborne diseases such as asthma and bronchitis, as well as growing industrial work, are driving the market share of air purifiers. The primary function is to remove particulate matter in the air, including allergens, indoor PM2.5, etc. Simultaneously, it can solve the air pollution problem of volatile organic compounds in indoor and underground spaces and vehicles. In recent years, with the increase in environmental pollution and the enhancement of people’s health awareness, the air purifiers’ market space is relatively large. Moreover, with the development of the Internet, the combination of air purifiers and the Internet will be further deepened. The style of household air purifier products will produce a significant breakthrough, and high-end car air purifiers will rise. Besides, consumers’ consumption structure has upgraded, and purchasing air purification products tends to rationalize. Moreover, to pay attention to basic parameters such as price, appearance, and air volume, more attention is paid to overall product value, quality, technology, performance, and professional services. Environmental protection, energy-saving, green ecology, and intelligent products are especially competitive in the market. Besides, in recent years, with the deterioration of the global environment, more and more attention has been paid to air pollution, and air purifiers have become a direct and effective way for people to combat air pollution. The use of air purifiers is related to people’s income levels. When people’s income levels increase, people will pay more attention to improving their quality of life. The requirements for the living environment will increase accordingly, increasing the demand for air purifiers.Growth Driver
Changing Lifestyle of the People
With the rapid development of human civilization, the types and number of chemical products and electrical equipment entering the room have increased. Houses have been built more intimately, indoor pollution factors have been growing, and the ability to ventilate has weakened, making some indoor pollutants concentrate. Indoor air pollution refers to environmental pollution behaviors that cause harmful substances in indoor air to exceed the standards for various reasons, thereby affecting human health. Therefore, the demand for air purifiers is rising globally.Increasing Airborne Diseases
The spread of coughing, sneezing, talking, and Ewing nasal and throat secretions into the air caused the outbreak of viruses, flu, and contagious airborne diseases. Some viruses hang in the air and land on people or surfaces, causing severe health problems. Air purifiers help remove germs, kill viruses and bacteria, and effectively clean the environment. Thus, it improves the person’s immune system, provides better sleep, and gives fresh air. Moreover, the demand for air purifiers is rising to prevent sickness and limit the number of airborne germs while sneezing and coughing.By End-User Segmental Analysis
Based on the end user, the global air purifier market is bifurcated into Commercial and residential. The commercial segment is estimated to dominate the maximum share of the global air purifier market in the forecast period. The demand for air purifiers is rising due to the emerging indoor pollution. Rising toxic air from factories and various other industries is deteriorating the air quality and risking a healthy lifestyle. Moreover, the rising awareness among people and emerging pollution levels, coupled with rising airborne diseases, are influencing the adoption of air purifiers for commercial purposes. Besides, the increasing industrial pollution pollutes the air and causes various chronic diseases such as asthma, bronchitis, and other lung diseases. Therefore, installing an air purifier in the closed area will enhance the air quality and kill germs.By Technologies Segmental Analysis
Based on the technology, the global air purifier market is categorized into High-Efficiency Particulate Air (HEPA), Electrostatic Precipitators, Ion & Ozone Generators, Activated Carbon, and Other Technologies. The high-efficiency particulate air (HEPA) technology segment dominates the market share for the global air purifier market. The rising demand for high-efficiency particulate air (HEPA) filters that capture large airborne germ particles, such as mold spores, dust, pollen, and animal dander, coupled with a particle that contains allergens and dust mite. The activated carbon filter has the effect of deodorizing and adsorbing harmful gases. The metal catalyst filter can catalyze the decomposition of toxic gases.By Region Segmental Analysis
Based on geography, the global air purifier market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific is the world’s fastest-growing global air purifier market, accounting for the largest share. The current status of environmental pollution and the pursuit of quality of life are the main driving forces behind the active consumer market for air purifiers; rising airborne diseases and increasing industrial pollution fuel the Asia Pacific market share.Competitor Analysis
Companies such as Sharp Corporation, LG Electronics, Samsung Electronics, Hitachi Ltd., and Panasonic Corporation are key players in the global air purifier market.Key Stakeholders
- Market research and consulting firms
- Industry associations
- Global air purifier manufacturing companies
- Research organizations and consulting companies’ air purifier
- Regulatory bodies
Recent Development
- In June 2023, Automated Logic Corporation, a part of Carrier, declared that it had signed a contract to purchase Standard Plumbing Heating Controls (SPHC), a Washington-based independent Automated Logic Dealer. SPHC provides HVAC and building automation services for different establishments, including colleges, schools, commercial buildings, universities, and healthcare facilities.
- In November 2022, Carrier released a new version of its Hourly Analysis Program (HAP) peak load and energy modeling software to manage the requirements of HVAC design engineers. This version has drastically reduced the time required for building model creation from a few days to hours.
The objective of the Research
- Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
- Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
- Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
- Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
- The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.
Market Modelling
By End-User- Commercial
- Residential
- High-Efficiency Particulate Air (HEPA)
- Electrostatic Precipitator
- Ion & Ozone Generators
- Activated Carbon
- Other Technologies
- Europe
- North America
- Asia Pacific
- South America
- Middle East & Africa
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Table Of Contents
Global Air Purifier Market
Report Content
- Research Strategic Development
- Market Modelling
- Product Analysis
- Market Trend and Economic Factors Analysis
- Market Segmental Analysis
- Geographical Mapping
- Country Wise Segregation
- Research Methodology
- Identification of Target Market
- Data Acquisition
- Refining of Data/ Data Transformations
- Data Validation through Primary Techniques
- Exploratory Data Analysis
- Graphical Techniques/Analysis
- Quantitative Techniques/Analysis
- Visual Result/Presentation
- Executive Summary
- Market Insights
- Economic Factor Analysis
- Drivers
- Trends
- Opportunities
- Challenges
- Competitors & Product Analysis
- Regulatory Framework
- Company market share analysis, 2019
- Porter’s Five forces analysis
- New Investment Analysis
- PESTEL Analysis
- Economic Factor Analysis
- Global GCC Air Purifier Market Overview
- Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Market Share & Forecast, 2016-2027
- By End-User
- Commercial
- Residential
- By Technology
- High-Efficiency Particulate Air (HEPA)
- Electrostatic Precipitator
- Ion & Ozone Generators
- Activated Carbon
- Other Technologies
- By Region
- Europe
- North America
- Asia Pacific
- South America
- Middle East & Africa
- By End-User
- Demand
- Market Size & Forecast, 2016-2027
- Europe Air Purifier Market Overview
- Europe Air Purifier Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Europe Air Purifier Market Share & Forecast, 2016-2027
- By End-User
- Commercial
- Residential
- By Technology
- High-Efficiency Particulate Air (HEPA)
- Electrostatic Precipitator
- Ion & Ozone Generators
- Activated Carbon
- Other Technologies
- By Country
- Germany
- UK
- France
- Italy
- Rest of Europe
- Company Market Share (Top 3-5)
- Economic Impact Study on Europe Air Purifier Market
- By End-User
- Demand
- Europe Air Purifier Market Size & Forecast, 2016-2027
- North America Air Purifier Market Overview
- North America Air Purifier Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- North America Air Purifier Market Share & Forecast, 2016-2027
- By End-User
- Commercial
- Residential
- By Technology
- High-Efficiency Particulate Air (HEPA)
- Electrostatic Precipitator
- Ion & Ozone Generators
- Activated Carbon
- Other Technologies
- By Country
- US
- Canada
- Mexico
- Company Market Share (Top 3-5)
- Economic Impact Study on North America Air Purifier Market
- By End-User
- Demand
- North America Air Purifier Market Size & Forecast, 2016-2027
- Asia Pacific Air Purifier Market Overview
- Asia Pacific Air Purifier Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Asia Pacific Air Purifier Market Share & Forecast, 2016-2027
- By End-User
- Commercial
- Residential
- By Technology
- High-Efficiency Particulate Air (HEPA)
- Electrostatic Precipitator
- Ion & Ozone Generators
- Activated Carbon
- Other Technologies
- By Country
- China
- India
- Japan
- Australia
- Rest of Asia Pacific
- Company Market Share (Top 3-5)
- Economic Air Purifier Market Overview
- By End-User
- South America Air Purifier Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- South America Air Purifier Market Share & Forecast, 2016-2027
- By End-User
- Commercial
- Residential
- By Technology
- High-Efficiency Particulate Air (HEPA)
- Electrostatic Precipitator
- Ion & Ozone Generators
- Activated Carbon
- Other Technologies
- By Country
- Brazil
- Argentina
- Rest of South America
- Company Market Share (Top 3-5)
- Economic Impact Study on South America Air Purifier Market
- By End-User
- Demand
- Demand
- Asia Pacific Air Purifier Market Size & Forecast, 2016-2027
- Middle East & Africa Air Purifier Market Overview
- Middle East & Africa Air Purifier Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Middle East & Africa Air Purifier Market Share & Forecast, 2016-2027
- By End-User
- Commercial
- Residential
- By Technology
- High-Efficiency Particulate Air (HEPA)
- Electrostatic Precipitator
- Ion & Ozone Generators
- Activated Carbon
- Other Technologies
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
- Company Market Share (Top 3-5)
- Economic Impact Study on Middle East & Africa Air Purifier Market
- By End-User
- Demand
- Middle East & Africa Air Purifier Market Size & Forecast, 2016-2027
- Competitor Analysis
- Company Description
- Financial Analysis
- Key Products
- Key Management Personnel
- Contact Address
- SWOT Analysis
- Company Profile
- Sharp Corporation
- LG Electronics
- Samsung Electronics
- Hitachi Ltd.
- Panasonic Corporation
- Other players
Methodology
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Frequently Asked Questions(FAQ)
The global air purifier market is valued at USD 15.20 billion and is expected to increase market value by USD 26.36 million in 2030, with an escalating CAGR of 7.2% in the forecast period from 2022 to 2030.
The market demand for air purifiers is growing due to rising air pollution that decreases the air quality in indoor places, and emerging airborne diseases such as asthma and bronchitis, as well as growing industrial work, are driving the market share of air purifiers.
Companies such as Sharp Corporation, LG Electronics, Samsung Electronics, Hitachi Ltd., and Panasonic Corporation are key players in the global air purifier market.
The commercial segment is estimated to dominate the maximum share of the global air purifier market in the forecast period.
