The smart air purifier global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Smart Air Purifier Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The smart air purifier market size has grown rapidly in recent years. It will grow from $7.76 billion in 2023 to $8.68 billion in 2024 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to air quality concerns and pollution, health and wellness trends, allergies and respiratory conditions, awareness of indoor air pollution, growth in urban living..
The smart air purifier market size is expected to see rapid growth in the next few years. It will grow to $14.25 billion in 2028 at a compound annual growth rate (CAGR) of 13.2%. The growth in the forecast period can be attributed to iot integration for smart air monitoring, demand for virus and pathogen removal, growth in home automation and smart homes, sustainable and eco-friendly purification methods, remote air quality control through smartphones, adoption of air purifiers in healthcare facilities.. Major trends in the forecast period include ai and machine learning for air quality prediction, personalized and adaptive purification settings, smart purifiers with air quality alerts and insights, air purification for workplaces and shared spaces, air purifiers with environmental impact assessment, hepa and uvc filtration for virus removal..
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Scope Of Smart Air Purifier Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Smart Air Purifier Market Overview
Market Drivers –
The increasing prevalence of airborne diseases is expected to fuel the growth of the smart air purifier market going forward. Airborne diseases such as COVID-19 are caused by the transmission of viruses through the air from one person to another in the form of droplets or aerosolized particles. Rising airborne disease cases promote the use of air purifiers as the patients face breathing issues. For instance, according to the World Health Organization, a specialized government agency of the United Nations, as of July 11, 2021, there were 558 million COVID-19 cases globally. Therefore, the increasing prevalence of airborne diseases will increase the growth of the smart air purifier market.
Market Trends –
Technological advancements are shaping the smart air purifier market. Major companies operating in the smart air purifier market are focused on developing new technological solutions to strengthen their position and meet consumer demand. For example, in May 2021, Levoit, a US-based air purifier company, launched the Levoit VeSync Core 400s, an air purifier with HEPA Smart Technology. This captures bacteria, viruses, mold, pollen, and pet dander as well as neutralizes smoke, volatile organic compounds, cooking smells, fumes, and pet odors. It senses air quality changes up to ten times faster and automatically adjusts the fan speed.
The smart air purifier market covered in this report is segmented –
1) By Product Type: Dust Collectors, Fume And Smoke Collectors, Others Product Types
2) By Technique: High-Efficiency Particulate Air (HEPA), Thermodynamic Sterilization System (TSS), Ultraviolet Germicidal Irradiation, Ionizer Purifiers, Activated Carbon Filtration, Other Techniques
3) By End-Users: Residential, Commercial
4) By Distribution Channel: Aftermarket, Original Equipment Manufacturers
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Regional Insights –
Asia-Pacific was the largest region in the smart air purifier market in 2023. The regions covered in the smart air purifier market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the smart air purifier market include Honeywell International Inc., Koninklijke Philips N.V., Xiaomi Corp., Unilever Blueair, Coway Co. Ltd., Sharp Corporation, Dyson Technology Limited, LG Electronics Inc., Sunbeam Products Inc., Whirlpool Corporation, Amaircare Corp., Alen Corp., Arovast Corporation, Winix Inc., Bluestar Limited, Smart Air Filters Pvt. Ltd., Oransi LLC, Airpura Industries Inc., 3M Company, Sharp Corporation, Dyson Limited, Hamilton Beach Brands Inc., A.O. Smith Corporation, Airfree Produtos Electrónicos Ltda, Blueair AB, Coway Co. Ltd., IQAir AG, Levoit Technologies LLC, Molekule Inc., Sunbeam Products Inc.
Table of Contents
1. Executive Summary
2. Smart Air Purifier Market Report Structure
3. Smart Air Purifier Market Trends And Strategies
4. Smart Air Purifier Market – Macro Economic Scenario
5. Smart Air Purifier Market Size And Growth
…..
27. Smart Air Purifier Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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