Press release
Smart Air Purifier Market Analysis 2024: Market Growth Rate, Competitive Landscape And Growth Forecast 2033
Smart Air Purifier Market
The Business Research Company presents an extensive market research report on the Smart Air Purifier Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The smart air purifier market size has grown rapidly in recent years. It will grow from $7.76 billion in 2023 to $8.68 billion in 2024 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to air quality concerns and pollution, health and wellness trends, allergies and respiratory conditions, awareness of indoor air pollution, growth in urban living..
The smart air purifier market size is expected to see rapid growth in the next few years. It will grow to $14.25 billion in 2028 at a compound annual growth rate (CAGR) of 13.2%. The growth in the forecast period can be attributed to iot integration for smart air monitoring, demand for virus and pathogen removal, growth in home automation and smart homes, sustainable and eco-friendly purification methods, remote air quality control through smartphones, adoption of air purifiers in healthcare facilities.. Major trends in the forecast period include ai and machine learning for air quality prediction, personalized and adaptive purification settings, smart purifiers with air quality alerts and insights, air purification for workplaces and shared spaces, air purifiers with environmental impact assessment, hepa and uvc filtration for virus removal..
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Key Market Players:
Honeywell International Inc., Koninklijke Philips N.V., Xiaomi Corp., Unilever Blueair, Coway Co. Ltd., Sharp Corporation, Dyson Technology Limited, LG Electronics Inc., Sunbeam Products Inc., Whirlpool Corporation, Amaircare Corp., Alen Corp., Arovast Corporation, Winix Inc., Bluestar Limited, Smart Air Filters Pvt. Ltd., Oransi LLC, Airpura Industries Inc., 3M Company, Sharp Corporation, Dyson Limited, Hamilton Beach Brands Inc., A.O. Smith Corporation, Airfree Produtos Electrónicos Ltda, Blueair AB, Coway Co. Ltd., IQAir AG, Levoit Technologies LLC, Molekule Inc., Sunbeam Products Inc. are prominent players in the industry.
Market Drivers:
The increasing prevalence of airborne diseases is expected to fuel the growth of the smart air purifier market going forward. Airborne diseases such as COVID-19 are caused by the transmission of viruses through the air from one person to another in the form of droplets or aerosolized particles. Rising airborne disease cases promote the use of air purifiers as the patients face breathing issues. For instance, according to the World Health Organization, a specialized government agency of the United Nations, as of July 11, 2021, there were 558 million COVID-19 cases globally. Therefore, the increasing prevalence of airborne diseases will increase the growth of the smart air purifier market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/smart-air-purifier-global-market-report
Market Segments Include:
1) By Product Type: Dust Collectors, Fume And Smoke Collectors, Others Product Types
2) By Technique: High-Efficiency Particulate Air (HEPA), Thermodynamic Sterilization System (TSS), Ultraviolet Germicidal Irradiation, Ionizer Purifiers, Activated Carbon Filtration, Other Techniques
3) By End-Users: Residential, Commercial
4) By Distribution Channel: Aftermarket, Original Equipment Manufacturers
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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