Air Purifiers Market is Set to Reach Remarkable Growth by 2028, the Market to Hit $26.72 Billion by 2028, the Sale of HEPA Purifier to Boost the Market Growth - Arizton

Arizton publishes the latest research report, Air Purifier Market - Global Outlook and Forecast 2023-2028. The global air purifier market to reach USD 26.72 billion by 2028, growing at a CAGR of 12.76% during 2022-2028.

The report considers the present scenario of the air purifier market and its market dynamics for 2023-2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the industry. It also profiles and analyzes leading companies and several other prominent companies operating in the market.

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Market Overview

Air pollution is one of the causes of various health problems worldwide. The effects of air pollution include breathing difficulties, cardiovascular problems, and others. Air pollution comprises various harmful gases, including nitrogen oxide, SO2, etc. These gases come from various sources, including vehicle exhaust fumes and burning coal or gas smoke. The harmful gases have increased the concern over healthy living in homes and offices. Therefore, the demand for air purifiers has increased to protect and improve air quality in residential and commercial spaces.

Vendors are expected to introduce various new features and designs to air purifiers. Smart air purifiers are upgraded versions of traditional air purifiers with wireless features like Wi-Fi and Bluetooth. Air purifiers are currently used with smartphones that help track indoor air quality. Adverse effects on the population have encouraged the adoption of air purifiers. For example, APAC is expected to dominate the market as consumers have become aware of the adverse effects of high concentrations of pollutants on health. Fine particulates, smoke, smog, and other allergies are everywhere in commercial, industrial, and residential spaces. Excessive use of smoke through cooking has elevated indoor pollution.

Key countries in APAC, such as China, India, and Japan, were the early adopters of air purifiers due to the high concentration of particulate matter inside vehicles. Air purifiers capture excessive airborne pollutants from indoor sources, such as chemical fumes from paints, solvents, and furniture, and particles from cooking, heating, and lighting. The demand is expected to increase with the evolution in consumer behavior and activities leading to air pollution.

New Development

HORIBA manufactures and distributes environmental measuring instruments and automotive emission measurement systems. In March 2022, the company launched a hydrogen gas analyzer called (HyEVO). This new equipment enables continuous measurement of hydrogen concentration levels, thereby helping stabilize emission levels in the industrial area. This product will enhance the product list of HORIBA and expand its reach in the monitoring and measurement equipment market, further solidifying its place in developing countries such as China and India.

In April 2022, HORIBA announced the addition of FTX-ONE-RS and FTX-ONE-CL to its FTX-ONE exhaust gas analyzer product portfolio series. These products are designed and manufactured to purify and control gas levels continuously and precisely.

Honeywell is an American advanced-technology company that manufactures advanced technologies, electronic, energy-efficient products and solutions, specialty chemicals, and advanced materials. In 2022, the company launched its first integrated indoor air purifier system. This system is built on the flagship VESDA-E line, which integrates early warning and purifiers for air contamination.

The Sale of HEPA Purifiers to Cross 12.70 MN Units by 2028

The demand for HEPA filters has increased as they effectively remove small particles and pollutants. However, these filters require high maintenance; they need replacement every three to four months. The applications of HEPA filters consist of commercial spaces and various industrial and residential spaces. APAC accounts for the maximum demand with an increased pollution rate and rising commercialization. The increase in population in countries, such as India, China, and others creates major opportunities for the demand for HEPA purifiers. Strict government regulations about air quality and increasing consumer spending are expected to drive the demand further. The HEPA purifier market is fragmented by various small and national vendors globally and is expected to have a highly competitive market with more investments in the R&D of these filters.

Key Company Profiles

Blue Star

Philips

Whirlpool

Midea Group

Daikin

Siemens AG

Dyson

Aldes

Rabbit Air

Bosch

CIAT

Sharp

Systemair

A.O. Smith

Johnson Controls

Panasonic

Unilever

Swegon

Hitachi

Vent-Axia

Lennox

Coway

Honeywell

Oransi

Trox

IQAir

Samsung

LG

Eureka Forbes

Camfil

3M

Aerus

Airpura

Pro Breeze

HoMedics

Boneco

Lasko

Winix

Levoit

Pure Enrichment

AllerAir

GreenTech

Novaerus

Bionaire

Vesync

Molekule

Kent RO

Market Segmentation

Application: Residential, Office Spaces, Hospitals, Hospitality, Airports, Educational Institutes, Shopping Malls, Gyms and Fitness Centers, Government Centers, and Others

Technology: HEPA, IONIC, Activated Carbon, Photocatalytic, Ultraviolet, Electrostatic Precipitators, and Other Technologies

Distribution Channel: Online and Offline

CADR: Medium, High, and Low

Geography: APAC, North America, Europe, Latin America, and Middle East & Africa

Key Questions Answered in the Report:
How big is the air purifier market?
What is the growth rate of the global air purifier market?
What are the growing trends in the air purifier industry?
Which region holds the most significant global air purifier market share?
Who are the key players in the global air purifier market?

Get the Detailed TOC @ https://www.arizton.com/market-reports/air-purifier-market-size-analysis?details=tableOfContents

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This release was published on openPR.