Air Purifier Market Valued at USD 14.02 Billion in 2023, Poised for Explosive Growth
The ๐๐ข๐ซ ๐๐ฎ๐ซ๐ข๐๐ข๐๐ซ ๐๐๐ซ๐ค๐๐ญ 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 %.๐๐ข๐ซ ๐๐ฎ๐ซ๐ข๐๐ข๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
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.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐ :https://www.maximizemarketresearch.com/request-sample/102643/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐ซ ๐๐ฎ๐ซ๐ข๐๐ข๐๐ซ ๐๐๐ซ๐ค๐๐ญ:
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.
๐๐ข๐ซ ๐๐ฎ๐ซ๐ข๐๐ข๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
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.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ :https://www.maximizemarketresearch.com/inquiry-before-buying/102643/
๐๐ข๐ซ ๐๐ฎ๐ซ๐ข๐๐ข๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
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.
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ: ๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฏ๐๐ฆ๐๐ง๐ญ๐ฌ
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:
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ ๐ซ๐ข๐๐๐๐ก ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ ๐๐ข๐ฌ๐
In Vietnam, ๐๐ง๐๐จ๐๐ ๐ซ๐ข has recently acquired a controlling stake in ๐๐ซ๐๐๐ง๐ ๐๐ซ๐ฆ, 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.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐๐ซ๐ญ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ๐ฌ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Thailand's ๐๐ข๐๐ฆ ๐๐ฎ๐๐จ๐ญ๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง has partnered with ๐๐ซ๐๐๐ง ๐๐ซ๐๐๐ง 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.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐๐ง๐ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง
Singapore-based ๐๐ค๐ฒ ๐๐ซ๐๐๐ง has successfully merged with ๐ ๐๐ซ๐ฆ ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐, a local vertical farming company, to form ๐๐ค๐ฒ๐ ๐๐ซ๐ฆ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ, 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.
๐๐๐ฉ๐๐ง: ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ-๐๐ซ๐ข๐ฏ๐๐ง ๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐๐ฅ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ
In Japan, ๐๐ฉ๐ซ๐๐๐ ๐๐จ. ๐๐ญ๐., a leading player in the vertical farming industry, has acquired ๐๐ฅ๐๐ง๐ญ๐ ๐๐๐ญ๐จ๐ซ๐ฒ ๐๐๐ฉ๐๐ง, 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.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง๐ญ๐จ ๐๐๐ฐ ๐๐๐ซ๐ค๐๐ญ๐ฌ
South Korean firm ๐๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ has entered the vertical farming space by acquiring ๐ ๐๐ซ๐ฆ8, 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.
C๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ: ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก
In Europe, ๐๐๐ซ๐จ๐ ๐๐ซ๐ฆ๐ฌ has expanded its footprint through a strategic acquisition of ๐๐ซ๐๐๐ง๐ฒ๐๐ซ๐, 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.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐ฑ๐ฉ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐๐๐ก
The U.S. market continues to witness a flurry of activity in vertical farming, with ๐๐ฅ๐๐ง๐ญ๐ฒ announcing the acquisition of ๐๐จ๐ญ๐ก๐๐ฆ ๐๐ซ๐๐๐ง๐ฌ. 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.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.maximizemarketresearch.com/request-sample/102643/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ข๐ซ ๐๐ฎ๐ซ๐ข๐๐ข๐๐ซ ๐๐๐ซ๐ค๐๐ญ:
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
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/global-air-purifier-market/102643/
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ข๐ซ ๐๐ฎ๐ซ๐ข๐๐ข๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
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
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
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