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Residential Air Purifiers Market by Technology (High Efficiency Particulate Air (HEPA) | Electrostatic Precipitators, Activated Carbon, Ultraviolet)

05-27-2022 08:35 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: ReportsnReports

The global residential air purifiers market is expected to reach USD 14.1 billion in 2026 from USD 9.6 billion in 2021, at a CAGR of 8.1% during the forecast period. 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. They offer the advantages of higher efficacy, usability, and improved air quality for healthy breathing. Currently, with the surge in COVID-19 cases, there is an increased focus on personal health, coupled with the need to reduce the spread of infection. This is further expected to drive the market growth during the forecast period. However, the technical limitations pertaining to air quality monitoring products, along with their initial installation cost, are hindering the growth of this market to a certain extent.

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The key players operating in the residential air purifiers market include 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), Airpura Industries Inc. (Canada), Airgle Corporation (US), Hunter Pure Air (US), Kent RO Systems Ltd. (India) and SHIL Limited (India).

The report analyzes the residential air purifiers market and aims at estimating the market size and future growth potential of this market based on various segments such as technology, type, and region. The report also includes a product portfolio matrix of various residential air purifier 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.

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 technology and type.
Product Enhancement/Innovation: Detailed insights on upcoming trends and product launches in the global residential air purifiersmarket
Market Development: Comprehensive information on the lucrative emerging markets by technology and type.
Market Diversification: Exhaustive information about new products or product enhancements, growing geographies, recent developments, and investments in the global residential air purifiersmarket
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.

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition & Scope
1.2.1 Inclusions & Exclusions Of The Study
1.2.2 Market Segmentation
Figure 1 Residential Air Purifiers Market Segmentation
1.2.3 Years Considered For The Study
1.3 Currency
Table 1 Exchange Rates Utilized For Conversion To Usd
1.4 Stakeholders
1.5 Summary Of Changes

2 Research Methodology
2.1 Research Approach
2.2 Research Methodology Design
Figure 2 Residential Air Purifiers Market: Research Design
2.2.1 Secondary Research
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Data
Figure 3 Primary Sources
2.2.2.1 Key Data From Primary Sources
2.2.2.2 Insights From Primary Experts
Figure 4 Breakdown Of Primary Interviews: Supply-Side And Other Participants
Figure 5 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.3 Market Size Estimation
Figure 6 Market Size Estimation: Revenue Share Analysis
Figure 7 Revenue Share Analysis Illustration
Figure 8 China Market Analysis Approach
Figure 9 Cagr Projections From The Analysis Of Drivers, Restraints, Opportunities, And Challenges
Figure 10 Cagr Projections
Figure 11 Top-Down Approach
2.4 Data Triangulation Approach
Figure 12 Data Triangulation Methodology
2.5 Market Share Estimation
2.6 Assumptions For The Study
2.7 Limitations
2.7.1 Methodology-Related Limitations
2.7.2 Scope-Related Limitations
2.8 Risk Assessment
Table 2 Risk Assessment: Residential Air Purifiers Market

3 Executive Summary
Figure 13 Residential Air Purifiers Market, By Technology, 2021 Vs. 2026 (Usd Million)
Figure 14 Residential Air Purifiers Market, By Type, 2021 Vs. 2026 (Usd Million)
Figure 15 Geographic Analysis: Residential Air Purifiers Market

4 Premium Insights
4.1 Residential Air Purifiers: Market Overview
Figure 16 Rising Levels Of Air Pollution And The Growing Trend For Smart Homes Are Expected To Drive The Growth Of The Global Market
4.2 North America: Residential Air Purifiers Market, By Technology
Figure 17 Hepa Segment Accounted For The Largest Share Of The North America Residential Air Purifiers Market In 2020
4.3 Residential Air Purifiers Market: Geographic Growth Opportunities
Figure 18 India Is Expected To Project The Highest Growth Rate During The Forecast Period
4.4 Residential Air Purifiers Market, By Region (2019-2026)
Figure 19 Asia Pacific To Dominate The Residential Air Purifiers Market Until 2026
4.5 Residential Air Purifiers Market: Developed Vs. Developing Markets
Figure 20 Developing Markets To Register A Higher Growth Rate During The Forecast Period

5 Market Overview
and more..

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