The Residential Air Purifiers Market size was valued at USD 4.16 Bn. in 2022 and the total Insulation revenue is expected to grow by 6.3 % from 2023 to 2029, reaching nearly USD 6.39 Bn.
Residential Air Purifiers Market Overview:
The Residential Air Purifiers Market report covers all the major aspects of the market, including pricing analysis, strategies, micro and macro market trends and scenarios, short-term market conditions, and an in-depth look at the main rivals. The regional insights in the report help to understand the Residential Air Purifiers Market potential in each country.
Residential Air Purifiers Market Report Scope and Research Methodology:
The Residential Air Purifiers Market report provides in-depth knowledge of the market's trends, dynamics, regional insights, and competitive landscape, including a list of key players. The Residential Air Purifiers Market research identifies the most important trends that are expected to have an impact on the business during the forecast period. This information is used to determine the competitive landscape of key players and factors affecting the Residential Air Purifiers Market .
The qualitative and quantitative data provided in the report helps to understand the Residential Air Purifiers Market segments, regions that are expected to grow at higher rates, factors affecting the market, and key opportunities. The report also provides the competitive scenario of the global Residential Air Purifiers Market , so you can understand the competition at both domestic and global levels.
In addition, the Residential Air Purifiers Market players included in the report are reviewed based on key factors such as company size, market share, market growth, revenue, production, and profitability. Porter and PESTLE analysis were used to provide the macroeconomic and microeconomic factors that influence the Residential Air Purifiers Market 's growth.
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Residential Air Purifiers Market Regional Insights:
Geographically, the report is segmented into several countries, including North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Residential Air Purifiers Market Segmentation:
by Technology Insights
1.High Efficiency Particulate Air (HEPA)
2. Activated Carbon
3. Ionic Filters
4. Others
by Application Insights
1. Residental
2.Industrial
3. Commercial
3.1 Retail Shops
3.2 Offices
3.3 Healthcare Facilities
3.4 Hospitality
3.5 School
3.6 Educational Institutions
3.7 Laboratories
3.8 Transport
3.9Others
by Type
1. Stand-alone
2.Duct
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Residential Air Purifiers Market Key Players:
3. Panasonic Corporation(Japan)
4. Honeywell International Inc.(US)
5. Whirlpool Corporation(US)
6. Dyson(US)
7. Alen Corporation(US)
8. Airgle Corporation(US)
9. Hunter Pure Air(US)
10.Samsung Electronics Co. Ltd.(South Korea)
11.WINIX Co. Ltd.(South Korea)
12.LG Electronics Inc.(South Korea)
13.Koninklijke Philips N.V.(Netherlands)
14.Unilever Group(UK)
15.AllerAir Industries Inc.(Canada)
16.IQAir(Switzerland)
17.Xiaomi Corporation(China)
18.Camfil AB(Sweden)
19.Kent RO Systems Ltd.(India)
20.HSIL Limited(India)
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Key questions answered in the Residential Air Purifiers Market are:
What is the expected Residential Air Purifiers Market size by the end of the forecast period?
What are the upcoming industry applications and trends for the Residential Air Purifiers Market ?
What are the factors contributing to the final price of Residential Air Purifiers Market ?
What are the recent industry trends that can be implemented to generate additional revenue streams for Residential Air Purifiers Market ?
How is the intervention from regulatory authority is shaping the Residential Air Purifiers Market ?
What growth strategies are the players considering to increase their presence in Residential Air Purifiers Market ?
Who are the leading companies and what are their portfolios in Residential Air Purifiers Market ?
Who held the largest market share in Residential Air Purifiers Market ?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segments with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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According to the new market research report “Residential Air Purifiers Market by Technology (High Efficiency Particulate Air (HEPA), Electrostatic Precipitators, Activated Carbon, Ultraviolet), Type (Portable Air Purifiers, In-duct Air Purifiers), COVID-19 Impact – Global Forecast to 2026″, published by MarketsandMarkets™, the residential air purifiers market is expected to reach USD 14.1 billion in 2026 from USD 9.6 billion in 2021, at a CAGR of 8.1%.Browse in-depth TOC on “Residential Air Purifiers Market”95 – Tables42 – Figures189 – PagesDownload PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=101656773The growth of this market is majorly driven by the growing popularity of smart homes, supportive government regulations for effective air pollution monitoring and control, increasing public-private funding for effective air pollution monitoring, rising levels of air pollution worldwide, and increasing public awareness related to the healthcare and environmental implications of air pollution.
Also, the need for an energy-efficient air purifier and R being undertaken to bring innovative products to the market is aiding the market growth.COVID-19 Impact on Residential Air Purifiers MarketThe COVID-19 outbreak has generated major remunerative opportunities for air purifier manufacturers, with high-performance units, comprising HEPA and activated carbon technologies, being highly popular, to minimize the spread of the virus for enclosed spaces.
Premium, high-performance air purifiers are capable of filtering out particles up to 1 micron, and the size of the COVID-19 virus is estimated to be around 1.2 microns.The HEPA technology segment is accounted for the largest share of the residential air purifiers market in 2020Based on technology, the residential air purifiers market is segmented into HEPA filters (high-efficiency particulate arresting or high-efficiency particulate air) and other technologies.
Furthermore, their installation is cost-effective as compared to the in-duct systems.Request for sample pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=101656773Asia Pacific accounted for the largest share of the residential air purifiers market in 2020Asia Pacific is the largest regional market for residential air purifiers.
The fast adoption of advanced indoor air quality monitoring technologies, ongoing technological advancements in the field of particulate sensors, rising public-private funding and investments, and the presence of supportive government regulations are key factor driving the residential air purifiers market in Asia Pacific.The prominent players in the residential air purifiers market include Daikin Industries, Ltd. (Japan), Sharp Corporation (Japan), Honeywell International Inc. (US), Samsung Electronics Co., Ltd. (South Korea), LG Electronics Inc. (South Korea), Koninklijke Philips N.V. (Netherlands), Dyson (UK), Unilever Group (UK), Panasonic Corporation (Japan), Whirlpool Corporation (US), AllerAir Industries Inc. (US), IQAir (Switzerland), Winix Co., Ltd. (South Korea), Xiaomi Corporation (China), Camfil AB (Sweden), Airpura Industries Inc. (Canada), Airgle Corporation (US), Hunter Pure Air (US), Kent RO Systems Ltd. (India), SHIL Limited (India), IDEAL Krug & Priester GMBH & Co. KG (Germany), Havells India Ltd. (India), Molekule (US), Carrier Global (US), and Coway CO., Ltd. (South Korea).Browse Related Reports:Environmental Monitoring Market by Product (Indoor, Outdoor Monitors [Fixed, Portable], Sensors, Wearables), Component (Particulate, Gas, Temperature, Noise), Sampling Method (Continuous, Active), Application (Air, Water, Soil, Noise) – Global Forecast to 2025https://www.marketsandmarkets.com/Market-Reports/environmental-monitoring-market-216846315.htmlParticle Counter Market by Type (Airborne, Liquid), Application (Cleanroom Monitoring, Contamination Monitoring of Liquids, IAQM), End User (Life Sciences & Medical Devices, Semiconductor, Automotive), Region – Global Forecast to 2024https://www.marketsandmarkets.com/Market-Reports/particle-counter-market-221564539.htmlAbout MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
According to our findings, the residential air purifiers market is expected to grow at an approximate CAGR of 8-10% during the next two years.
According to our analysis, the below factors are playing a key role in shaping the growth of the global market.The growing awareness among consumers regarding air purification in the wake of COVID-19 is an opportunity for air purifier retailers to scale up their sales.
Some companies are increasing the production of air quality systems with the addition of different technologies such as High-Efficiency Particulate Air (HEPA) filters, photocatalytic purifiers, activated carbon purifiers, and ionic filters.
[131 Pages Report] The residential air purifiers market is projected to reach USD 13.6 billion by 2025 from USD 9.2 billion in 2020, at a CAGR of 8.2% during the forecast period.The growth of this market is majorly driven by the growing popularity of smart homes, supportive government regulations for effective air pollution monitoring and control, increasing public-private funding for effective air pollution monitoring, rising levels of air pollution worldwide, and increasing public awareness related to the healthcare and environmental implications of air pollution.Also, the need for an energy-efficient air purifier and R being undertaken to bring innovative products to the market is aiding the market growth.
However, the high cost of these products and technical limitations associated with air quality monitoring products are expected to restrain the growth of this market during the forecast period.Market DynamicsGrowing popularity of smart homesIncreasing urbanization and indoor air pollutionSupportive government regulations for effective air pollution monitoring and controlIncreasing public awareness pertaining to the healthcare implications of air pollutionCOVID-19 Impact on Global Residential Air Purifiers MarketThe COVID-19 outbreak has generated major remunerative opportunities for air purifier manufacturers, with high-performance units, comprising HEPA and activated carbon technologies, being highly popular, to minimize the spread of the virus for enclosed spaces.
Premium, high-performance air purifiers are capable of filtering out particles up to 1 micron, and the size of the COVID-19 virus is estimated to be around 1.2 microns.
The Global Residential Air Purifiers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on technology and product category.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Residential Air Purifiers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/22214-residential-air-purifiers-market-reportThe report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as:3MDaikin IndustriesHoneywellPhillipsSharpOthersA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Technology:HEPAIonizers And Ozone GeneratorsElectrostatic PrecipitatorsBy Product Category:Fume And Smoke CollectorsDust CollectorsBy Geography:North America (NA) – US, Canada & Rest of North AmericaEurope (EU) – UK, Germany, France & Rest of EuropeAsia Pacific (APAC) – China, Japan, India & Rest of APACLatin America (LA) – Brazil & Rest of Latin AmericaMiddle East & Africa (MEA) – Middle East and AfricaDownload Free Sample Report of Global Residential Air Purifiers Market @ https://www.decisiondatabases.com/contact/download-sample-22214The Global Residential Air Purifiers Market has been exhibited in detail in the following chapters –Chapter 1 Residential Air Purifiers Market PrefaceChapter 2 Executive SummaryChapter 3 Residential Air Purifiers Industry AnalysisChapter 4 Residential Air Purifiers Market Value Chain AnalysisChapter 5 Residential Air Purifiers Market Analysis By TechnologyChapter 6 Residential Air Purifiers Market Analysis By Product CategoryChapter 7 Residential Air Purifiers Market Analysis By GeographyChapter 8 Competitive Landscape Of Residential Air Purifiers CompaniesChapter 9 Company Profiles Of Residential Air Purifiers IndustryPurchase the complete Global Residential Air Purifiers Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-22214Other Reports by DecisionDatabases.com:Global Residential Conveyancing Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Residential Security Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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