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Global Indoor Air Purification Market 2023 - By Size, Drivers, Trends, Competitors And Overview By 2032
Indoor Air Purification Market
The Business Research Company's Indoor Air Purification Global Market Report 2023 identifies increasing prevalence of airborne diseases as the major driver for the Indoor Air Purification market's growth in the forecast period. Airborne diseases are transmitted through the air in which pathogenic microbes are discharged from an infected person. Indoor air purification systems are commonly used to safeguard the air inside residential and commercial establishments to capture and eliminate airborne contaminants that raise the risk of illness capture, including allergens, dust, lint, to enhance air quality.
The global indoor air purification market size is expected to grow from $21.71 billion in 2022 to $23.72 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global indoor air purification market size is expected to grow to $33.26 billion in 2027 at a compound annual growth rate (CAGR) of 8.8%.
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Major competitors in the Indoor Air Purification market are Daikin Industries Ltd., Koninklijke Philips N V, LG Electronics Inc., Panasonic Holdings Corporation, Honeywell International Inc.
A key trend in the Indoor Air Purification market includes product innovation. Major companies operating in the indoor purification market are focused on developing innovative solutions to strengthen their position in the market. For instance, in October 2022, Dyson Limited, a UK-based company that deals in air purifiers and home appliances, launched Dyson Purifier Hot+Cool and the Dyson Purifier Cool, a new air purifier with hot and cold air output and HEPA filtration. Dyson Purifier Hot+Cool and the Dyson Purifier Cool both have improved HEPA filters that are based on the new HEPA H13 standard that can capture 99.5% of particles as tiny as 0.1 microns, including allergens, bacteria, viruses, pollen, and mold spores as well as the H1N1 virus and enhanced acoustics 20% quieter than their earlier variants.
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The Indoor Air Purification market is segmented -
• By Product: Dust Collectors and Vacuums, Fume and Smoke Collectors, Mist Eliminators, Bad Odor and Harmful Gasses, Fire and Emergency Exhaust, Viruses and Fungus
• By Technology: HEPA, Electrostatic Precipitators, Activated Carbon, Ionic Filters, Other Technologies
• By Function: Manual, Sensor
• By Distribution Channel: Direct Selling, E-Commerce, Supermarkets or Hypermarkets, Specialty Stores
• By Application: Industrial, Commercial and Residential
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Indoor Air Purification market.
The Business Research Company's "Global Indoor Air Purification Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Indoor Air Purification Market Include:
1. Executive Summary
2. Indoor Air Purification Market Characteristics
3. Indoor Air Purification Market Trends And Strategies
4. Indoor Air Purification Market - Macro Economic Scenario
5. Indoor Air Purification Market Size And Growth
………………………………….
26. Africa Indoor Air Purification Market
27. Indoor Air Purification Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Indoor Air Purification Market
29. Indoor Air Purification Market Future Outlook and Potential Analysis
30. Appendix
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