Press release
Smart Air Purifiers Market Expected To Rise at a CAGR of 7.8% During 2023-2028
Smart Air Purifiers Market
IMARC Group's latest research report, titled "Smart Air Purifiers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global smart air purifiers market size reached US$ 6.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.1 Billion by 2028, exhibiting a growth rate (CAGR) of 7.8% during 2023-2028.
What is Smart Air Purifiers and Uses ? :
Smart air purifiers are advanced devices designed to improve indoor air quality by eliminating pollutants, allergens, and other harmful particles present in the air. They are equipped with high-performance filters, such as high-efficiency particulate air (HEPA) filters, activated carbon filters, or electrostatic precipitators that effectively capture and remove microscopic particles, including dust, pollen, pet dander, mold spores, and even volatile organic compounds (VOCs) and odors. They can be remotely operated by using a smartphone app connected to wireless networks, such as Wi-Fi and Bluetooth, that enable users to track and control indoor air quality and change basic settings using mobile phones. They are widely used in indoor spaces, including residential houses, small-sized commercial and industrial units, and automobiles.
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Who are the key Players Operating in the Industry ? :
• Blueair (Unilever PLC)
• Coway Co. Ltd
• Dyson Limited
• Honeywell International Inc
• Koninklijke Philips N.V
• LG Electronics Inc. (LG Corporation)
• Sharp Corporation
• Vesync Co. Ltd
• Winix America Inc
• Xiaomi Corporation
What are the Growth Prospects and Trends in the Smart Air Purifiers Industry ? :
The market is primarily driven by the increasing awareness about indoor air pollution and its detrimental effects on health. Furthermore, with an increasing focus on health and wellness, consumers are adopting smart air purifiers as they offer personalized features, such as air quality monitoring, filter replacement notifications, and tailored purification settings is creating a positive market outlook.
Moreover, several leading players are developing innovative variants that offer various features, such as ozone generators, electrostatic precipitators, voice control, and ultraviolet (UV) light technology, which is providing a boost to the market. Other factors, such as growing emphasis on energy efficiency and sustainable solutions across various industries and easy product availability via online and offline organized distribution channels, are also influencing the market.
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Key Market Segmentation:
Breakup by Product Type:
• Dust Collectors
• Fume and Smoke Collectors
• Others
Breakup by Technique:
• High-Efficiency Particulate Air (HEPA)
• Thermodynamic Sterilization System (TSS)
• Ultraviolet Germicidal Irradiation
• Ionizer Purifiers
• Activated Carbon Filtration
• Others
Breakup by Distribution Channel:
• Online
• Offline
Breakup by End User:
• Residential
• Commercial
• Others
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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