Air Purifiers Market to experience a rapid growth between 2014 - 2020

The GCC air purifiers market is anticipated to reach US$ 85 Mn by 2020, registering a CAGR of 17% from 2014 to 2020. Commercial sector is anticipated to account for more than 90% of the total air purifier market revenue. This is mainly due to increased economic diversification efforts by GCC countries and growing focus on healthcare, tourism hospitality, and services sectors in the region.

Click HERE To get SAMPLE PDF (Including Full TOC, Table & Figures) at https://www.xploremr.com/connectus/sample/1764

Drivers & Trends
The demand for air purifiers in GCC is increasing owing to the increasing cases of respiratory disorders, dry weather, and air pollution. Moreover, effective marketing campaigns by key market players, road shows, and promotional activities have resulted in greater awareness about air purifiers. Currently, positioning of air purifier is that of a luxury good and not an absolute necessity, and this is identified as a restraint to widespread adoption of air purifiers in the region. High pricing is another factor that acts as an impediment to the growth of GCC air purifier market.

Synopsis of this Report is Available @ https://www.xploremr.com/report/1764/gcc-air-purifiers-market

GCC Air Purifiers Market: Analysis by Regions
Amongst different geographical areas within GCC, Kingdom of Saudi Arabia is estimated to contribute significant share of revenue with net worth of approximately US$ 14.85 Mn in 2014. In terms of growth rate, UAE is expected to be a lucrative market with a CAGR of 17% by 2020. Rest of GCC (includes Kuwait, Qatar, Bahrain and Oman) is also anticipated to expand at a CAGR of 15% by 2020.

Analysis by Technology
High Efficiency Particulate Air (HEPA) segment is anticipated to contribute a sizable revenue in GCC followed by electrostatic precipitator segment.HEPA and electrostatic precipitator collectively are estimated to account for more than 50% of the total value of GCC air purifier market in 2014. Ion and ozone generator technology of air purification is anticipated to grow at sluggish growth rate due to its adverse effects on human health in the long run. GCC region is also observed to prefer filter-less technology of air purification due to its relatively low-maintenance cost. Cost incurred on changing filters constitute a major part of cost, and if these filters are not changed on time, they become a source of air contamination.

GCC air purifier market is dominated by several major players like Sharp Corporation, Panasonic, Hitachi, Coway and others. The leading players in global market are joining hands with regional players to enter and strengthen their position. Launch of NASA developed “Airocide technology” of air purification by US-based Akida Holdings LLC, in association with Fakruddin Holdings of Saudi and Max Electronics (a part of Landmark Group) for distribution, is one such example. Airocide is a filter-less technology which is anticipated to capture a major market share in near future.

Get Your Copy at a Discounted Rate!!! Limited Time Offer!!!: https://www.xploremr.com/connectus/check-discount/1764

Salient Features of this report:

• SWOT analysis conducted by XploreMR displays sales analysis, market analysis, sustainability strategies adopted by top key players
• In this report XploreMR’s team assess the worth of the market by segments, by countries, by application with revenue, share and sales by top key players in this various region.
• The global GCC air purifier market is expected to grow in North America, Europe, Japan such as Mexico, Argentina ,Germany ,UK , France owing to the increase in consumer buying pattern.
• XploreMR’s comprehensive analysis states how market drivers, restraints and future opportunities will effect the market dynamics

XploreMR
111 North Market Street, Suite 300,
San Jose, CA 95113, United States
Ph.No: +16692840108
E-mail id- sales@xploremr.com
Web- https://www.xploremr.com

XploreMR, a leading market research firm, headquartered in San Jose, USA, XploreMR has, in a short span of time, served the market research needs of some of the biggest Fortune 500 companies. XploreMR also has highly personalized market research offerings for SMEs, and we pride ourselves on being uniquely positioned to have worked with colossal multinational firms and small, boutique firms. Our experience of working with such a diverse set from all over the world has given us invaluable perspectives on objectives, outlooks, goals, and eventually, the collective, symbiotic growth that stakeholders across the value chain aspire for. We keep these perspectives and aspirations in mind every time we work on a project, and this motivates us to exceed client expectations on a consistent basis.

This release was published on openPR.