Residential Air Purifiers Market Precise, Powerful, & Measurable, Recent innovation & upcoming Growth Reports

The global residential air purifiers market in terms of revenue was estimated to be worth $9.6 billion in 2021 and is poised to reach $14.1 billion by 2026, growing at a CAGR of 8.1% from 2021 to 2026

According to a research report "Residential Air Purifiers Market Size, Growth by Technology (High Efficiency Particulate Air (HEPA), Electrostatic Precipitators, Activated Carbon, Ultraviolet), Type (Portable Air Purifiers, In-duct Air Purifiers) - Global Forecast to 2026" is projected to reach USD 14.1 billion by 2026, at a CAGR of 8.1%.

Get Sample Report with Graphs and Table @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=40172748

The HEPA technology segment is accounted for the largest share of the residential air purifiers market.

Based on technology, the residential air purifiers market is segmented into HEPA filters (high-efficiency particulate arresting or high-efficiency particulate air) and other technologies. The other technologies segment comprises electrostatic precipitators, activated carbon, UV filters, and ionic filters. The HEPA segment accounted for the largest market share. HEPA filters incorporated in residential air purifiers are beneficial at trapping gases and particles, absorbing odours and gases from mould, cooking, pets, smoke, and chemicals, thereby reducing pollution in the indoor environment.

The portable/stand-alone purifiers is expected to grow at the highest CAGR

Based on type, the residential air purifiers market is segmented into portable/stand-alone purifiers and in-duct purifiers. The portable/ stand- alone purifiers segment is also expected to witness the highest growth during the forecast period. This can mainly be attributed to its various capabilities such as smart controls, sensors, multiple filtration layers and ability to move around. Furthermore, their installation is cost-effective as compared to the in-duct system.

Asia Pacific accounted for the largest share of the residential air purifiers Market

Asia Pacific is the largest regional market for residential air purifiers. The fast adoption of advanced indoor air quality monitoring technologies, ongoing technological advancements in the field of particulate sensors, rising public-private funding and investments, and the presence of supportive government regulations are key factor driving the residential air purifiers market in Asia Pacific.

Key Market Players

The prominent players in the global residential air purifiers 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)

The study categorizes the global residential air purifiers market based on technology, type, and regional level.

By Technology

  • High Efficiency Particulate Air (HEPA)
  • Other Technologies

By Type

  • Portable /Stand Alone Air Purifiers
  • In-Duct Air Purifiers

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Recent Developments

  • Panasonic Corporation (Japan) has developed a new nanoe X device that generates 100 times more Hydroxyl (OH) radicals than the conventional nanoe device. As a result, the latest nanoe X device delivers increased effectiveness in air purification and deodorization in indoor spaces.
  • Panasonic Ecology Systems Co., Ltd. (PES) and Panasonic Ecology Systems Guangdong Co., Ltd. built the First Shunde Branch Plant in China, a new factory for IAQ devices such as energy recovery ventilator systems and air purifiers.
  • Dyson (UK) opened its fourth Dyson Demo store in France, located in the iconic shopping district of Terrasses du Port in Marseille. The new space will showcase Dyson’s latest technology in home cleaning, air purification, lighting, and hair care.
  • Molekule (US) partnered with Sourcenext (Japan). The partnership is aimed at helping Molekule move into the next phase of growth, which includes global expansion. In a commitment to Molekule's innovation, Sourcenext has also invested USD 10.1 million into the company. The funds will be used for growth initiatives as the company prepares to meet strong global demand for an air purification solution.
  • Molekule (US) launched its India operations by introducing its air purifiers on Amazon for the Indian consumers.

For More Information or Query or Customization before buying, Visit @  https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=40172748

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

 

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

sales@marketsandmarkets.com


healthcare12

43 Blog posts

Comments