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Future Perspectives: Key Trends Shaping the Air Purifiers Market Until 2030
Air Purifiers Market
Forecasted Growth Trajectory of the Air Purifiers Market Size Until 2030
The air purifiers sector is projected to experience swift growth, reaching a market size of $5.08 billion by 2030. This corresponds to a compound annual growth rate (CAGR) of 15.0% over the forecast period. Several factors contribute to this rapid expansion, including a surge in demand for smart, connected air purifiers, enhanced awareness about the harmful effects of air pollution on health, advancements in sustainable filtration technologies, and increased adoption by both residential and commercial users. Additionally, the development of multifunctional purification systems further supports this growth. Key trends expected to influence the market include the adoption of AI-driven air quality monitoring, integration of IoT-enabled purification devices, growth in energy-efficient and sustainable design models, progress in automated manufacturing for filtration components, and the emergence of cloud-connected smart home air purification platforms.
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Top Companies Leading the Air Purifiers Market Landscape
The air purifiers industry is dominated by several prominent players who continue to innovate and expand their market presence. These include LG Electronics Inc., Coway Co., Ltd., Daikin Industries, Ltd., Dyson Ltd., Whirlpool Corporation, Xiaomi Corporation, Resideo Technologies, Inc., Panasonic Corporation, Samsung Electronics Co., Ltd., Sunbeam Products, Inc., Yadu Science and Technology Co., Ltd. (YADU), Midea Group Co., Ltd., Beiang Technology Co., Ltd. (Beiangtech), IQAir AG, Honeywell International Inc., Camfil AB, Sharp Corporation, Blueair AB (Unilever), Teqoya SAS, Dexwet True Filter Solutions GmbH, Tion Global, Americair Corporation, Wynd Technologies, Inc., Samsung Electronics America, Inc., Haier Group Corporation, and AB Electrolux (Electrolux).
Noteworthy Collaborations Enhancing Innovation in Air Purifiers
In September 2024, Blueair, a Swedish brand renowned for its indoor air quality solutions, formed a strategic partnership with Lanaco, a New Zealand-based company specializing in natural fiber-based products such as merino wool. This collaboration aims to develop high-performance electrostatic filters made from wool and plant fibers. The initiative addresses the urgent need for effective indoor air purification, considering that indoor air can be up to five times more polluted than outdoor air. This partnership signifies a promising step toward eco-friendly and efficient filtration technologies.
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Innovations and Product Advancements Propelling the Air Purifiers Market
Leading companies in the air purifier market are actively innovating to stay competitive and broaden their product offerings. Air purifiers function by eliminating pollutants, allergens, and other harmful particles to improve indoor air quality. For example, in June 2024, IQAir, a Swiss firm specializing in air quality technology, introduced its new XE air purifier models in North America. These next-generation products feature a redesigned fan system that is three times more energy efficient than previous versions. Equipped with WiFi connectivity, users can remotely control the purifiers via IQAir's AirVisual app and platform. The XE series also includes three smart operating modes that automatically adjust based on air quality readings, offering enhanced convenience and performance.
How the Air Purifiers Market Is Structured by Type, Technology, and End-User
This report segments the air purifiers market into key categories for a comprehensive understanding. By type, the market splits into Dust Collectors, Fume and Smoke Collectors, and Other Types. Technologically, it is divided into HEPA Filter, Activated Carbon, and Other Technologies. The end-user segmentation comprises Residential and Commercial sectors. Further subsegments include Portable, Industrial, Cyclone, and Baghouse Dust Collectors under Dust Collectors; Welding Fume Collectors, Kitchen Exhaust Fume Collectors, Laboratory Fume Extractors, and Air Filtration Systems for Smoke within Fume and Smoke Collectors; and HEPA Air Purifiers, UV Air Purifiers, Ionizers, Activated Carbon Air Purifiers, and Ozone Generators among Other Types.
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