Breathing Clean: The Rapidly Growing Smart Air Purifier Market Set to Reach USD 6.7 Billion in 2022

As per the study initiated by Evolve Business Intelligence, the global Smart Air Purifier Market size accounted for USD 6.7 Billion in 2022, growing at a CAGR of 12.52% from 2023 to 2033. Smart air purifiers are electronic devices that use advanced technologies such as HEPA filters, activated carbon filters, and UV-C lights to remove harmful particles and pollutants from the air, thus improving indoor air quality. The market is driven by factors such as the growing awareness of the health hazards associated with air pollution, increasing urbanization and industrialization, and the adoption of smart home technologies. The market is also influenced by the development of new and innovative products that offer enhanced features such as real-time air quality monitoring, voice control, and Wi-Fi connectivity, providing consumers with greater control and convenience in managing indoor air quality.
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Key Highlights:
• The global Smart Air Purifier Market size was valued at USD 6.7 billion in 2022 growing at a CAGR of 12.52% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Smart Air Purifier Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Smart Air Purifier Market report also includes the following data points:
• COVID19 Impact on Smart Air Purifier Market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Smart Air Purifier Market
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Key Players
Some of the major Smart Air Purifier Market players holding high market share include Honeywell International Inc, Xiaomi, LG Electronics and Blueair. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Honeywell International Inc
• Xiaomi
• LG Electronics
• Blueair
• COWAYCO.LTD.
• Koninklijke Philips N.V
• Sunbeam Products Inc
• Sharp Electronics Corporation
• Alencorp
• Whirlpool Corporation
Segmental Analysis
Market Segment ByType with focus on market share, consumption trend, and growth rate of Smart Air Purifier Market:
o Dust Collectors
o Fume & Smoke Collectors
Market Segment ByTechnology with focus on market share, consumption trend, and growth rate of Smart Air Purifier Market:
o HEPA
o Activated Carbon Filtration
Market Segment ByApplication with focus on market share, consumption trend, and growth rate of Smart Air Purifier Market:
o Residential
o Commercial
Parameters Details
Market Size (2022) $ 6.7 Billion
CAGR (2023 to 2033) 12.52%
Market Segmentation Type, Technology and Application
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Smart Air Purifier Market Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence providesan understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
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