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Air Purifier Market, Growth Opportunities, Revenue Share Analysis And Forecast by Fact MR

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The global air purifier market is estimated at a value of US$ 23.72 billion in 2024 and is forecasted to reach US$ 48.9 billion by the end of 2034. This study by Fact.MR, a market research and competitive intelligence provider, reveals that demand growth for air purifiers will be led by East Asia over the next decade.

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Key Companies Profiled in this Report

  • American Air & Water Inc.
  • Eureka Forbes Ltd.
  • Koninklijke Philips N.V.
  • Panasonic Corporation
  • Daikin Industries Ltd.
  • LG Electronics
  • Hitech Ultraviolet Pvt. Ltd.
  • IQAir
  • Honeywell International Inc.
  • Sharp Corp.

Recent Developments

  • In April 2022, Israel-based Aura Air announced the launching of its smart air management platform in India. The company has set up an India arm in Chennai and is in the process of building a pipeline of prospective individual and enterprise customers. While the product is currently only made in Israel, the company said it is also exploring local manufacturing in India in the long term.
  • Aura Air purifiers detect, capture, and kill 99.9% of viruses, bacteria, and mold and can remove airborne particles as small as 0.3 microns, including allergens and viruses. These IoT-enabled devices connect to a mobile phone and deliver real-time updates on the overall indoor and outdoor Air Quality Index (AQI) based on VOC (Volatile Organic Compounds), CO2 (Carbon Dioxide), CO (Carbon Monoxide), and fine particulate matter levels.

 More Valuable Insights on Offer

Fact.MR introduces an impartial analysis of the global air purifier market in its latest offering, presenting historical demand data spanning from 2018 to 2023 and forecast statistics for the period ranging from 2024 to 2034.

This study unveils crucial insights into the market categorized by type, including self-contained/standalone air purifiers and in-duct air purifiers. Moreover, it delves into various technologies employed, such as HEPA filters, activated carbon filters, ionic filters, and ultraviolet (UV) technologies. Coverage area segmentation encompasses sizes ranging from up to 200 sq. ft., 201 to 300 sq. ft., 301 to 500 sq. ft., 501 to 800 sq. ft., 801 to 1,200 sq. ft., and above 1,200 sq. ft. Additionally, the study analyzes use cases, including residential, commercial, and industrial applications, along with sales channels, comprising online and offline platforms.

These insights are thoroughly examined across six major regions of the world, namely North America, Europe, Latin America, East Asia, South Asia & Oceania, and the Middle East & Africa.

 Get Customization on this Report for Specific Research Solutions:-https://www.factmr.com/connectus/sample?flag=RC&rep_id=4617

 

 

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