Latest Residential Air Purifiers Market Report- Is Projected to Reach USD 13.6 Billion by 2025 | Growth Rate During The Forecast Period

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%.

Residential Air Purifiers Market Report analyzes the surgical instrument tracking systems market and aims at estimating the market size and future growth potential of this market based on various segments such as product, distribution channel, and region. The report also includes a product portfolio matrix of various cancer profiling products available in the market. The report also provides a competitive analysis of the key players in this market, along with their company profiles, product offerings, and key market strategies.

Get FREE PDF Sample of the report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=3611087

Top Company Profile Analysis in this Report-
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), Alen Corporation (US), Airgle Corporation (US), Hunter Pure Air (US), Kent RO Systems Ltd. (India), and HSIL Limited (India)

The Residential air purifiers are the most effective devices to improve indoor air quality and to reduce or remove the sources of pollutants and to ventilate with clean air. These are designed to filter the air in a single room or area and reduce indoor air pollution. They offer the advantages of higher efficacy, usability, and improved air quality for healthy breathing. Over the years, residential air purifiers have gained importance among homes and residential buildings with the inclination towards quicker, safer, simpler, and high-end air purifiers, encouraging the growth of the residential air purifiers market. Other factors driving market growth include the rising air pollution levels and increasing urbanization, which have further necessitated the need for better air quality at home. However, the high cost of these products and technical limitations associated with air quality monitoring products are expected to restrain market growth to a certain extent.

Based on technology, the residential air purifiers market is segmented into HEPA filters (high-efficiency particulate arrestence or high-efficiency particulate air) and other technologies. The other technologies segment comprises electrostatic precipitators, activated carbon, UV filters, and ionic filters. The HEPA segment accounted for the larger market share in 2019. The growing concern for environmental sustainability, increasing public awareness pertaining to the healthcare implications of air pollution, and the growing popularity of smart homes/ambient-assisted living has resulted in the increased adoption of the HEPA technology in the residential air purifiers market.

Based on type, the residential air purifiers market is segmented into portable/stand-alone purifiers and in-duct purifiers. The portable/stand-alone purifiers segment is expected to witness the highest growth during the forecast period. This is mainly due to the need to remove sources of pollutants or allergens from indoor air, growing popularity of smart homes/ambient-assisted living, and increasing public awareness pertaining to the healthcare implications of air pollution. Furthermore, their installation is cost-effective as compared to the in-duct systems.

Asia 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.

Single User License: US $ 5650
Get FLAT 25% Discount on this Report @ https://www.reportsnreports.com/purchase.aspx?name=3611087

Reasons to Buy the Report- 
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a more significant share of the market. Firms purchasing the report could use one or any combination of the below-mentioned strategies to strengthen their position in the market.

This report provides insights into the following pointers:
Market Penetration: Comprehensive information on product portfolios offered by the top players in the global residential air purifiers market. The report analyzes this market by product and distribution channel.
Product Enhancement/Innovation: Detailed insights on upcoming trends and product launches in the global residential air purifiers market
Market Development: Comprehensive information on the lucrative emerging markets by product and distribution channel
Market Diversification: Exhaustive information about new products or product enhancements, growing geographies, recent developments, and investments in the global residential air purifiers market
Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, competitive leadership mapping, and capabilities of leading players in the global residential air purifiers market.

Table Of Contents in this Report-

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Inclusions And Exclusions
1.2.2 Markets Covered
Figure 1 Residential Air Purifiers Market
1.2.3 Years Considered For The Study
1.3 Currency
1.4 Stakeholders
1.5 Limitations

2 Research Methodology
2.1 Research Approach
Figure 2 Research Design
2.1.1 Secondary Research
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Research
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Break Down Of Primaries
Figure 3 Breakdown Of Primary Interviews: By Company Type, Designations, And Region
2.2 Market Size Estimation
Figure 4 Market Size Estimation: Revenue Share Analysis
Figure 5 Revenue Share Analysis Illustration
Figure 6 China Market Analysis Approach
Figure 7 Top-Down Approach
2.3 Data Triangulation Approach
Figure 8 Data Triangulation Methodology
2.4 Market Share Estimation
2.5 Assumptions For The Study

3 Executive Summary
Figure 9 Residential Air Purifiers Market, By Technology, 2020 Vs. 2025 (Usd Million)
Figure 10 Residential Air Purifiers Market, By Type, 2020 Vs. 2025 (Usd Million)
Figure 11 Geographic Analysis: Residential Air Purifiers Market

4 Premium Insights
Figure 12 Growing Urbanization And Indoor Air Pollution To Drive Market Growth
4.1 Asia Pacific: Residential Air Purifiers Market, By Technology
Figure 13 Hepa Segment Accounted For The Largest Share Of The Asia Pacific Residential Air Purifiers Market In 2019
4.2 Residential Air Purifiers Market: Geographic Growth Opportunities
Figure 14 India Shows The Highest Revenue Growth During The Forecast Period
4.3 Residential Air Purifiers Market, By Region (2018-2025)
Figure 15 Asia Pacific Will Dominate The Residential Air Purifiers Market Until 2025
4.4 Residential Air Purifiers Market: Developed Vs. Developing Markets
Figure 16 Developing Markets To Register A Higher Growth Rate During The Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Table 1 Residential Air Purifiers Market: Impact Analysis
5.2.1 Market Drivers
5.2.1.1 Growing Popularity Of Smart Homes
5.2.1.2 Increasing Urbanization And Indoor Air Pollution
5.2.1.3 Supportive Government Regulations For Effective Air Pollution Monitoring And Control
5.2.1.4 Increasing Public Awareness Pertaining To The Healthcare Implications Of Air Pollution
5.2.2 Market Restraints
5.2.2.1 High Product Costs
5.2.2.2 Technical Limitations Associated With Air Quality Monitoring Products
5.2.3 Market Opportunities
5.2.3.1 Emerging Markets To Offer High Growth Opportunities
5.2.3.2 Technological Advancements And New Product Innovation In The Field Of Air Purifiers
5.2.4 Market Challenges
5.2.4.1 Complex Nature Of Indoor Pollutants
5.2.4.2 Ever-Changing Consumer Requirements Leading To The High Cost Of R&D Activities For New Entrants

6 Industry Insights
6.1 Introduction
6.2 Strategic Benchmarking
Table 2 Product Portfolio Analysis: Residential Air Purifiers Market
6.3 Pricing Analysis
Table 3 Average Price Of Residential Air Purifiers, By Region (Usd)
6.4 Impact Of Covid-19 On The Residential Air Purifiers Market

and more...

Corporate Headquarters
Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India
+ 1 888 391 5441
sales@reportsandreports.com

ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.

This release was published on openPR.