Press release
Smart Air Purifiers Market is Expected to Grow at a CAGR of over 10.23% | During 2022-2028 | Vantage Market Research
According to Vantage market research the global Smart Air Purifiers market was valued at USD 6.21 Billion in 2020 and is projected to reach USD 13.54 Billion by 2028, growing at a CAGR of 10.23% from 2021 to 2028.
Key Findings and Insights from the report:
• The report presents the estimated CAGR of 10.23% size of the Smart Air Purifiers Market at the end of the forecast period.
• The Global Smart Air Purifiers market is predicted to reach a value of USD 13.54 Billion by 2028.
• The report includes an overview of the market, the financial performance of key players its segmentation, its geographical scope.
• The report provides a detailed evaluation of the market by highlighting information on various aspects which include restraints, drivers, opportunities, and threats.
• Insight also covers the price, production, share, and growth rate of these top manufacturers and examines the competitive scenario for a better understanding of the market synopsis.
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Smart air purifier is an improved version of traditional air purifier, used for automatic air purification for various end users. Smart purifiers work by collecting air quality data from special monitoring sensors on the unit, and sending out alerts when air quality levels change. Smartphone apps allow users to control these purifiers by enabling fine tune adjustments of air cleaning settings. Growing awareness about the adverse effects of pollution on health has encouraged various electronics manufacturers to introduce advanced air purifiers.
Market Segmentation:
BY TYPE
- Dust collectors
- Fume and smoke collectors
- Others
BY TECHNIQUE
- High-efficiency Particulate Air (HEPA)
- Thermodynamic sterilization system(TSS)
- Ultraviolet germicidal irradiation
- Ionizer purifiers
- Activated Carbon Filtration
- Others
BY END-USER
- Residential
- Commercial
- Others
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COVID-19 Impact Analysis of Smart Air Purifiers Market:
When the Covid-19 pandemic began in China last year, it sent shock waves to countries around the world. And as the number of cases continued to rise, it forced governments around the world to take serious action such as border seals, lockdowns and enforce strict social distancing measures to avert imminent catastrophe. These actions had a dramatic effect on the economy, as industrialists around the world were forced to halt their production, leading to supply chain disruptions and the loss of various industries. Thus, a fall in the global markets.
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The Smart Air Purifiers market regional level analysis:
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
• Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
• North America (United States, Canada and Mexico)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
• South America (Brazil, Argentina, Colombia, and Rest of South America)
List of Leading Players in the Global Smart Air Purifiers Market:
- 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.
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Reason for buying this Smart Air Purifiers Market Report:
• The report highlights the macroeconomic forces that are affecting the strategies and policies in the market.
• Report provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
• It provides a six-year forecast assessed on the basis of how the market is predicted to grow
• The report provides market leading players with facts and insights on the Smart Air Purifiers market.
• It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of industry segments.
• Disruption and uncertainties in the industry are studied in the report.
• It provides the key product segments and their future.
• The report identifies bottlenecks and problems associated with businesses operating in the Smart Air Purifiers market and provides possible solutions to those problems.
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We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out the constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans 70% of Global Fortune 500 companies. The company provides high quality data and market research services. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company's experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyze information.
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