Air Purifier Market Valued at USD 14.02 Billion in 2023, Poised for Explosive Growth

The 𝐀𝐢𝐫 𝐏𝐮𝐫𝐢𝐟𝐢𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 size was valued at USD 14.02 Bn in 2023 and is expected to reach USD 23.42 Bn by 2030, at a CAGR of 8.45 %.

𝐀𝐢𝐫 𝐏𝐮𝐫𝐢𝐟𝐢𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The global air purifier market has witnessed significant growth over the past few years, driven by increasing awareness of air quality and its impact on health. As urbanization continues to rise, pollution levels in cities have reached alarming levels, prompting individuals and businesses to seek solutions for cleaner indoor air. Air purifiers, which utilize technologies like HEPA filters, activated carbon, and UV-C light, are becoming essential household and office appliances. The growing concern over allergies, respiratory conditions, and overall well-being has fueled the adoption of these devices. Additionally, air purifiers are now available with smart features, further driving consumer demand as people seek more convenient and efficient ways to manage their environment.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐒𝐞𝐞 𝐭𝐡𝐞 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚 :https://www.maximizemarketresearch.com/request-sample/102643/

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐢𝐫 𝐏𝐮𝐫𝐢𝐟𝐢𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭:

The rising global concern over air pollution is one of the main drivers of the air purifier market. As levels of both outdoor and indoor air pollutants, such as dust, pet dander, volatile organic compounds (VOCs), and tobacco smoke, continue to increase, consumers are more inclined to invest in air purifiers to improve their living environments. In addition to urbanization, lifestyle changes, and industrial emissions, increasing instances of allergies, respiratory diseases, and even cardiovascular conditions linked to poor air quality have contributed to the growing demand for these devices.

𝐀𝐢𝐫 𝐏𝐮𝐫𝐢𝐟𝐢𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

One of the key trends shaping the air purifier market is the integration of smart technology. Modern air purifiers are becoming more than just air-cleaning devices; they are evolving into connected gadgets that can be controlled and monitored remotely via mobile apps. Smart air purifiers are equipped with sensors that detect air quality in real time, allowing for automatic adjustments in fan speed and filtration settings based on the current conditions. This trend toward automation and remote monitoring appeals to tech-savvy consumers who seek convenience and efficiency in managing their indoor air quality.

𝐓𝐡𝐞 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐜𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫 :https://www.maximizemarketresearch.com/inquiry-before-buying/102643/

𝐀𝐢𝐫 𝐏𝐮𝐫𝐢𝐟𝐢𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

The air purifier market presents several opportunities for growth, particularly in emerging economies where air pollution levels are rising rapidly. In countries like India, China, and parts of Southeast Asia, pollution has become a major concern, leading to an increased demand for air purifiers in both urban and rural areas. The growing middle class in these regions, coupled with rising disposable incomes, is driving demand for home appliances, including air purifiers. Companies that can tailor their products to meet the specific needs of these markets, such as offering affordable yet effective solutions, are well-positioned to capitalize on this opportunity.

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬: 𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐌𝐨𝐯𝐞𝐦𝐞𝐧𝐭𝐬

As the vertical farming industry continues to mature, M&As have been one of the driving forces in enabling companies to scale operations, adopt new technologies, and enter new markets. Here's a look at some of the key mergers and acquisitions from major markets:

𝐕𝐢𝐞𝐭𝐧𝐚𝐦: 𝐀𝐠𝐫𝐢𝐓𝐞𝐜𝐡 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐞 𝐑𝐢𝐬𝐞
In Vietnam, 𝐈𝐧𝐝𝐨𝐀𝐠𝐫𝐢 has recently acquired a controlling stake in 𝐆𝐫𝐞𝐞𝐧𝐅𝐚𝐫𝐦, a leader in indoor farming solutions. This acquisition marks a major step in IndoAgri's efforts to expand its influence in Southeast Asia's rapidly growing agricultural technology sector.

𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝: 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬 𝐟𝐨𝐫 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐆𝐫𝐨𝐰𝐭𝐡
Thailand's 𝐒𝐢𝐚𝐦 𝐊𝐮𝐛𝐨𝐭𝐚 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 has partnered with 𝐔𝐫𝐛𝐚𝐧 𝐆𝐫𝐞𝐞𝐧 to integrate vertical farming solutions in urban areas. This joint venture aims to address food security challenges by boosting local agricultural production through smart farming technologies.

𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐚𝐧𝐝 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧
Singapore-based 𝐒𝐤𝐲 𝐆𝐫𝐞𝐞𝐧 has successfully merged with 𝐅𝐚𝐫𝐦 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞, a local vertical farming company, to form 𝐒𝐤𝐲𝐅𝐚𝐫𝐦 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬, a powerhouse in hydroponic farming. This merger is expected to drive innovation in the cultivation of leafy greens and herbs, tapping into the city-state's growing demand for sustainable food sources.

𝐉𝐚𝐩𝐚𝐧: 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲-𝐃𝐫𝐢𝐯𝐞𝐧 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬
In Japan, 𝐒𝐩𝐫𝐞𝐚𝐝 𝐂𝐨. 𝐋𝐭𝐝., a leading player in the vertical farming industry, has acquired 𝐏𝐥𝐚𝐧𝐭𝐅𝐚𝐜𝐭𝐨𝐫𝐲 𝐉𝐚𝐩𝐚𝐧, a cutting-edge firm specializing in AI-powered farming systems. This acquisition aims to enhance automation and precision farming techniques, propelling Japan to the forefront of agricultural technology.

𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚: 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐢𝐧𝐭𝐨 𝐍𝐞𝐰 𝐌𝐚𝐫𝐤𝐞𝐭𝐬
South Korean firm 𝐋𝐆 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 has entered the vertical farming space by acquiring 𝐅𝐚𝐫𝐦8, a company specializing in smart farm technologies. With this acquisition, LG aims to incorporate advanced AI and IoT solutions into vertical farming practices, paving the way for more efficient and scalable food production.

C𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐂𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬: 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐆𝐫𝐨𝐰𝐭𝐡
In Europe, 𝐀𝐞𝐫𝐨𝐅𝐚𝐫𝐦𝐬 has expanded its footprint through a strategic acquisition of 𝐆𝐫𝐞𝐞𝐧𝐲𝐚𝐫𝐝, a Netherlands-based company that specializes in innovative farming solutions. This deal will enable AeroFarms to enhance its technology offerings and establish a stronghold in the European market, known for its demand for sustainable farming solutions.

𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬: 𝐄𝐱𝐩𝐚𝐧𝐝𝐢𝐧𝐠 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐚𝐧𝐝 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐞𝐚𝐜𝐡
The U.S. market continues to witness a flurry of activity in vertical farming, with 𝐏𝐥𝐞𝐧𝐭𝐲 announcing the acquisition of 𝐆𝐨𝐭𝐡𝐚𝐦 𝐆𝐫𝐞𝐞𝐧𝐬. This high-profile deal will allow Plenty to leverage Gotham Greens' strong presence in the U.S. retail market and further expand its reach in both domestic and international markets.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 @https://www.maximizemarketresearch.com/request-sample/102643/

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐀𝐢𝐫 𝐏𝐮𝐫𝐢𝐟𝐢𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭:

by Technology

High-Efficiency Particulate Air (HEPA)
Activated Carbon
Ionic Filters
Other

by Mounting Type

Fixed
Portable
by Application
Residential
Industrial
Commercial

by Distribution Channel

Online Retails
Offline Retails

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐯𝐢𝐬𝐢𝐭:https://www.maximizemarketresearch.com/market-report/global-air-purifier-market/102643/

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐀𝐢𝐫 𝐏𝐮𝐫𝐢𝐟𝐢𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

North America

1. Honeywell International Inc. - USA
2. Whirlpool Corporation - USA
3. Alen Corporation - Texas, USA
4. AllerAir Industries Inc. - Canada
Europe
5. Koninklijke Philips N.V. - Netherlands
6. Dyson Limited - United Kingdom
7. Unilever plc - Netherlands
8. The Camfil Group - Sweden
9. IQAir - Switzerland
Asia Pacific
10. WINIX Co. Ltd. - South Korea
11. Sharp Corporation - Japan
12. Daikin Industries Ltd. - Japan
13. Samsung Electronics Co. Ltd. - South Korea
14. LG Electronics Inc. - South Korea
15. Xiaomi Corporation - China
16. HSIL Limited - India
17. Panasonic Corporation - Japan
18. Kent RO Systems - India

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 :

Cranes Market https://www.maximizemarketresearch.com/market-report/global-cranes-market/7784/

♦ Global Organic Semiconductor Market https://www.maximizemarketresearch.com/market-report/global-organic-semiconductor-market/64258/

♦ Hydraulic Cylinder Market https://www.maximizemarketresearch.com/market-report/global-hydraulic-cylinder-market/3211/

♦ Woodworking Circular Saw Blades Market https://www.maximizemarketresearch.com/market-report/woodworking-circular-saw-blades-market/189540/

♦ global Advanced Materials Market https://www.maximizemarketresearch.com/market-report/global-advanced-materials-market/55856/

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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