The report provides an in-depth analysis of the market and contains meaningful insights, facts, historical data, and statistically supported and industry-validated market statistics. It also includes estimates based on an appropriate set of assumptions and methodologies.
Residential Air Purifiers Market Overview:
The Residential Air Purifiers market study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the global industry. The scope of the research includes a thorough investigation of the Residential Air Purifiers Market, as well as the reasons for variations in the industry's growth in various locations.
Market Scope:
This research study makes extensive use of secondary sources, directories, and databases, such as annual reports, press releases, journals, company websites, and databases, to discover and collect excerpts acceptable for this study.
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Residential Air Purifiers Market Segmentation:
by Technology Insights
• High Efficiency Particulate Air (HEPA)
• Activated Carbon
• Ionic Filters
• Others
by Application Insights
• Residental
• Industrial
• Commercial
o Retail Shops
o Offices
o Healthcare Facilities
o Hospitality
o School
o Educational Institutions
o Laboratories
o Transport
o Others
by Type
• Stand-alone
• Duct
Key Players:
• Apator SA
• Panasonic Corporation(Japan)
• Honeywell International Inc.(US)
• Whirlpool Corporation(US)
• Dyson(US)
• Alen Corporation(US)
• Airgle Corporation(US)
• Hunter Pure Air(US)
• Samsung Electronics Co. Ltd.(South Korea)
• WINIX Co. Ltd.(South Korea)
• LG Electronics Inc.(South Korea)
• Koninklijke Philips N.V.(Netherlands)
• Unilever Group(UK)
• AllerAir Industries Inc.(Canada)
• IQAir(Switzerland)
• Xiaomi Corporation(China)
• Camfil AB(Sweden)
The entire method entails an examination of the key market players' financial reports. Following the assessment of the overall market size, the market was segmented into several divisions and sub-segments and validated by key industry professionals and marketing executives. The biggest players in the Residential Air Purifiers market are as follows:
Regional Analysis:
The regional description of the Residential Air Purifiers market analysis also contains individual market influencing variables and changes in market regulations that affect current and future market trends. Current and future trends are reviewed to evaluate the overall market potential and to identify profitable trends to get a more solid footing. The geographical market evaluation is based on the current environment and anticipated trends.
COVID-19 Impact Analysis on Residential Air Purifiers Market:
End-user industries where Residential Air Purifiers are utilized had a drop in growth from January 2020 to May 2020 in some countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant fall in the revenues of businesses operating in these industries and, as a result, in demand for Residential Air Purifiers manufacturers, impacting the Residential Air Purifiers market's growth in 2020. With lockdowns and an increase in COVID-19 instances throughout the world, end-user business demand for Residential Air Purifiers has declined dramatically.
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Key Questions Answered in the Residential Air Purifiers Market Report are:
- Which segment had the largest share in the market in 2021?
- What is the competitive landscape of the market?
- Which are the key drivers aiding the market growth?
- Which region has the maximum share in the market?
- What will be the CAGR of the market during the forecast period (2021-2029)?
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According to the new market research report “Residential Air Purifiers Market by Technology (High Efficiency Particulate Air (HEPA), Electrostatic Precipitators, Activated Carbon, Ultraviolet), Type (Portable Air Purifiers, In-duct Air Purifiers), COVID-19 Impact – Global Forecast to 2026″, published by MarketsandMarkets™, the residential air purifiers market is expected to reach USD 14.1 billion in 2026 from USD 9.6 billion in 2021, at a CAGR of 8.1%.Browse in-depth TOC on “Residential Air Purifiers Market”95 – Tables42 – Figures189 – PagesDownload PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=101656773The growth of this market is majorly driven by the growing popularity of smart homes, supportive government regulations for effective air pollution monitoring and control, increasing public-private funding for effective air pollution monitoring, rising levels of air pollution worldwide, and increasing public awareness related to the healthcare and environmental implications of air pollution.
Also, the need for an energy-efficient air purifier and R being undertaken to bring innovative products to the market is aiding the market growth.COVID-19 Impact on Residential Air Purifiers MarketThe COVID-19 outbreak has generated major remunerative opportunities for air purifier manufacturers, with high-performance units, comprising HEPA and activated carbon technologies, being highly popular, to minimize the spread of the virus for enclosed spaces.
Premium, high-performance air purifiers are capable of filtering out particles up to 1 micron, and the size of the COVID-19 virus is estimated to be around 1.2 microns.The HEPA technology segment is accounted for the largest share of the residential air purifiers market in 2020Based on technology, the residential air purifiers market is segmented into HEPA filters (high-efficiency particulate arresting or high-efficiency particulate air) and other technologies.
Furthermore, their installation is cost-effective as compared to the in-duct systems.Request for sample pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=101656773Asia Pacific accounted for the largest share of the residential air purifiers market in 2020Asia 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.The prominent players in the residential air purifiers market include 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), and Coway CO., Ltd. (South Korea).Browse Related Reports:Environmental Monitoring Market by Product (Indoor, Outdoor Monitors [Fixed, Portable], Sensors, Wearables), Component (Particulate, Gas, Temperature, Noise), Sampling Method (Continuous, Active), Application (Air, Water, Soil, Noise) – Global Forecast to 2025https://www.marketsandmarkets.com/Market-Reports/environmental-monitoring-market-216846315.htmlParticle Counter Market by Type (Airborne, Liquid), Application (Cleanroom Monitoring, Contamination Monitoring of Liquids, IAQM), End User (Life Sciences & Medical Devices, Semiconductor, Automotive), Region – Global Forecast to 2024https://www.marketsandmarkets.com/Market-Reports/particle-counter-market-221564539.htmlAbout 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.
According to our findings, the residential air purifiers market is expected to grow at an approximate CAGR of 8-10% during the next two years.
According to our analysis, the below factors are playing a key role in shaping the growth of the global market.The growing awareness among consumers regarding air purification in the wake of COVID-19 is an opportunity for air purifier retailers to scale up their sales.
Some companies are increasing the production of air quality systems with the addition of different technologies such as High-Efficiency Particulate Air (HEPA) filters, photocatalytic purifiers, activated carbon purifiers, and ionic filters.
[131 Pages Report] The residential air purifiers market is projected to reach USD 13.6 billion by 2025 from USD 9.2 billion in 2020, at a CAGR of 8.2% during the forecast period.The growth of this market is majorly driven by the growing popularity of smart homes, supportive government regulations for effective air pollution monitoring and control, increasing public-private funding for effective air pollution monitoring, rising levels of air pollution worldwide, and increasing public awareness related to the healthcare and environmental implications of air pollution.Also, the need for an energy-efficient air purifier and R being undertaken to bring innovative products to the market is aiding the market growth.
However, the high cost of these products and technical limitations associated with air quality monitoring products are expected to restrain the growth of this market during the forecast period.Market DynamicsGrowing popularity of smart homesIncreasing urbanization and indoor air pollutionSupportive government regulations for effective air pollution monitoring and controlIncreasing public awareness pertaining to the healthcare implications of air pollutionCOVID-19 Impact on Global Residential Air Purifiers MarketThe COVID-19 outbreak has generated major remunerative opportunities for air purifier manufacturers, with high-performance units, comprising HEPA and activated carbon technologies, being highly popular, to minimize the spread of the virus for enclosed spaces.
Premium, high-performance air purifiers are capable of filtering out particles up to 1 micron, and the size of the COVID-19 virus is estimated to be around 1.2 microns.
The Global Residential Air Purifiers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on technology and product category.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Residential Air Purifiers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/22214-residential-air-purifiers-market-reportThe report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as:3MDaikin IndustriesHoneywellPhillipsSharpOthersA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Technology:HEPAIonizers And Ozone GeneratorsElectrostatic PrecipitatorsBy Product Category:Fume And Smoke CollectorsDust CollectorsBy Geography:North America (NA) – US, Canada & Rest of North AmericaEurope (EU) – UK, Germany, France & Rest of EuropeAsia Pacific (APAC) – China, Japan, India & Rest of APACLatin America (LA) – Brazil & Rest of Latin AmericaMiddle East & Africa (MEA) – Middle East and AfricaDownload Free Sample Report of Global Residential Air Purifiers Market @ https://www.decisiondatabases.com/contact/download-sample-22214The Global Residential Air Purifiers Market has been exhibited in detail in the following chapters –Chapter 1 Residential Air Purifiers Market PrefaceChapter 2 Executive SummaryChapter 3 Residential Air Purifiers Industry AnalysisChapter 4 Residential Air Purifiers Market Value Chain AnalysisChapter 5 Residential Air Purifiers Market Analysis By TechnologyChapter 6 Residential Air Purifiers Market Analysis By Product CategoryChapter 7 Residential Air Purifiers Market Analysis By GeographyChapter 8 Competitive Landscape Of Residential Air Purifiers CompaniesChapter 9 Company Profiles Of Residential Air Purifiers IndustryPurchase the complete Global Residential Air Purifiers Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-22214Other Reports by DecisionDatabases.com:Global Residential Conveyancing Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Residential Security Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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