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Smart Air Purifiers Market Size, Share, Forecast, 2020–2027 | Key Drivers, Restraints and Opportunities

02-11-2021 05:11 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Smart Air Purifier Market

Smart Air Purifier Market

According to a new report published by Allied Market Research, titled, “Smart air purifier Market by Type, Technique, and End User: Opportunity Analysis and Industry Forecast, 2020–2027,” the global smart air purifier market size was valued at $5,200.0 million in 2019, and is projected to reach $10,411.4 million by 2027, registering a CAGR of 11.6% from 2020 to 2027.

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Smart air purifiers can be connected to smartphones with the help of an application and can be controlled and operated remotely. Smart air purifiers have become essential components for smart homes, owing to their ability to connect with other devices through technologies such as Bluetooth or Wi-Fi. It provides information about surrounding air quality in real-time. Performance settings of smart air purifiers can be fine-tuned using a smartphone application.

The major benefit of a smart air purifier is that users can track and control indoor air quality and change basic settings through smartphones. Moreover, an increase in awareness regarding the adverse effects of pollution on health is encouraging various electronics companies to develop advanced air purifiers. Moreover, the rise in the need to remove fine airborne particles and germs in commercial spaces, offices, and homes, including living rooms, bedrooms, kitchens, and bathrooms drive demand for smart air purifiers across the globe.

Key Segments

The global smart air purifiers market is segmented on the basis of type, technique, end-user, and region. By type, the smart air purifier market is categorized into dust collectors, fume & smoke collectors, and others. In 2017, the dust collecting smart air purifiers segment dominated the global smart air purifier market, in terms of revenue, and is expected to maintain this trend in the coming years.

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On the basis of technique, the smart air purifier market is fragmented into high-efficiency particulate air (HEPA), thermodynamic sterilization system (TSS), ultraviolet germicidal irradiation, filter, activated carbon-polarized media photocatalytic oxidation (PCO), ionizer purifiers, and others. High-efficiency particulate air (HEPA) technology is anticipated to dominate the global smart air purifier market throughout the forecast period.

Competition Analysis

Key companies profiled in the smart air purifier market report include Coway Co., Ltd., Dyson Technology Limited, Honeywell International Inc., Levoit, LG Electronics Inc., Xiaomi Corporation, Koninklijke Philips N.V., Sharp Corporation, Unilever PLC (Blueair AB), Winix Inc.. The product launch is the key strategy being adopted by the key players to remain competitive in the market.

Key Benefits For Stakeholders

The report provides an extensive analysis of the current and emerging smart air purifier market trends and dynamics.

In-depth market analysis is conducted by constructing market estimations for the key market segments between 2019 and 2027.

Extensive analysis of the smart air purifier market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.

The global smart air purifier market forecast analysis from 2020 to 2027 is included in the report.

The key players within the smart air purifier market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the smart air purifier industry.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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