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2018-2024 Air Purifier Market Analysis By Size, Share, Future Growth, Emerging Trends, And Outlook By Top Key Players

Air Purifier Market Analysis by Trends, and Top Key Players

Air Purifier Market Analysis by Trends, and Top Key Players

According to a new market report published by BlueWeave Consulting, the global air purifier market was valued at US$ 19,232 Mn in 2017 and is expected to expand at a CAGR of above 32.4% from 2018 to 2024, reaching US$ 182,101.1 Mn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the air purifier market in 2017.

Rise in air pollution level drives the market growth driving the air purifier market across the globe

Request for Sample Copy of Study Report on Air Purifier Market: https://bit.ly/2IoqK9m

Air pollution is the emission of toxic elements into the atmosphere by natural or anthropogenic sources. These sources can be further differentiated into either mobile or stationary sources. Anthropogenic air pollution is often summarized as being mainly related to motorize street traffic (especially exhaust gases and tire abrasion). The World Health Organization (WHO) estimates 2.4 million fatalities due to air pollution every year. As intake of polluted air can have severe health effects such as asthma, COPD, or increased cardiovascular risks, most countries have strengthened laws to control the air quality and mainly focus on emissions from automobiles. Air quality in vehicle cabins is usually found to be worse than those typically found in homes or workplaces. Pollutants enter into the cabin via the ventilation system, also known as the heating, ventilation and air conditioning (HVAC) system. Studies have shown that vehicle cabins commonly show concentrations of toxic gases such as carbon monoxide (CO), hydrocarbons (HC), volatile organic compounds (VOC), and oxides of nitrogen (NOx) higher than safety limits set by Occupational Safety and Health Administration (OSHA) and World Health Organization (WHO). Inhibition of all these pollutants in the vehicle drives the growth of the air purifier market.

Air Purifier Market: Scope of the Report

The global air purifier market can be segmented on the basis of Technology type, Product type, Distribution Channel, End-user, and Region. Based on Technology type, the global air purifier market is further classified into HEPA Technology (High-Efficiency Particulate Air), Activated Carbon Technology, UV Technology, Negative Ion and Others. The HEPA Technology contributed the largest revenue in 2017 and is estimated to grow further during the forecast period. Based on Product type, the global air purifier market can be fragmented into Portable Air Purifiers, Whole-House Air Purifiers and Cleaners, Electrostatic Precipitators, Smart air purifier, and others. The Portable Air Purifier contributed the largest revenue in 2017 and is expected to witness the highest growth during the estimated period. On the basis of Distribution Channels, the market can be segmented into the online distribution channel, offline distribution channel, Specialty stores, Departmental Stores and Others. The offline distribution channel contributed the largest revenue in 2017 and is expected to witness the highest growth during the estimated period. In terms of end users, the market is segmented as residential, commercial and industrial. The industrial end-user segment contributed the largest revenue in 2017 and is estimated to witness the highest growth during the forecast period. On the basis of region, the market is segmented into five parts namely North America, Europe, Asia Pacific, Middle-East, Africa and Latin America. Asia-Pacific was the largest region in the global air purifier market in 2017 and it is estimated to grow over a CAGR of 40.1% during 2018-2024.

Air Purifier Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global air purifier market. Some of the key players profiled in the report include Camfil Group, Daikin Industries, Ltd., Eureka Forbes limited, Honeywell International Inc., LG Electronics, Panasonic Corporation, Philips Electronics N.V., Sharp Corporation, Xiaomi Inc., Blueair AB, and others.

For More Details on Air Purifier Market: https://bit.ly/2BmEtuW

About Us
BlueWeave Consulting is a one-stop solution for market intelligences regarding various products and services online & offline. We offer worldwide market research reports by analysing both qualitative and quantitative data to boost up the performance of your business solution. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients for years. We are one of the leading digital market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining.

Contact Us:
Email: info@blueweaveconsulting.com
Website: www.blueweaveconsulting.com
Phone: +1 8666586826

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