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An air purifier is a device that filters domestic or industrial air and removes contaminating particles such as dust and pollen. It is used to purify the air and improve air quality while limiting the spread of harmful residues. Air purifiers help to prevent a variety of health problems caused by air pollution, such as neurological and respiratory issues.
Air Purifier Market Report Scope and Research Methodology:
The report's main goal is to provide a comprehensive analysis of the Air Purifier market in simple language, including both qualitative and quantitative data. It also provides an in-depth analysis of the most recent trends in each segment from 2022 to 2027, as well as a thorough examination of the Air Purifier market drivers, restraints, challenges, and opportunities. The report examines all major aspects of the Air Purifier market, including a value chain analysis, PESTLE analysis, Porter's Five Forces model, market forecasts in terms of value competitive landscape, key players benchmarking, market dynamics, and future market trends.
The bottom-up method was used to estimate the size of the and regional Air Purifier markets. The data was gathered using both primary and secondary research methods, and the data was gathered using both methodologies to obtain accurate and error-free findings on the Air Purifier market. Interviews with industry participants, subject-matter experts, high-level executives of key market players, industry consultants, and other experts were conducted as part of the primary research. Secondary research includes gathering data from a pre-selected set of sources for the Air Purifier market report. The report's PESTLE analysis aids in the development of company strategies in the Air Purifier industry. The Air Purifier Market's strengths and weaknesses were determined using a SWOT analysis.
Air Purifier Market Report Overview:
Stellar Market Research has published reports that assist clients in understanding the landscape of the Air Purifier Market in which the client competes. The report provides market insights to help clients understand future demand for their product and how competitive the Air Purifier Market is likely to be. The Air Purifier market overview provides comprehensive information about the market's size, trade statistics, leading players, and various market metrics such as life cycle, trends, and so on.
Air Purifier Market size was valued at US$ 11 Bn. in 2020. Air Purifier will encourage a great deal of transformation in the Consumer Durables
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Air Purifier Market Dynamics:
Growing urban airborne infections and pollution, as well as increased health awareness, improved living standards, and increased disposable income, are driving the growth of the air purifier market. Increasing adoption of air pollution control devices, particularly in developing regions of the world, as well as increased awareness of healthy lifestyles, particularly among young people in urban areas, are expected to drive the market over the forecast period.
Air Purifier Market Segmentation:
By technology, HPEA dominated the market, accounting for 41% of the Air Purifier Market. These are extremely effective at trapping airborne particles such as pollen, dust, and bio-containments. These factors are propelling the market segment's growth.
Activated carbon, also known as activated carbon filters, are small particles of powder or granules that have been treated with oxygen to open the pores of carbon atoms. This increases the surface area of the carbon, making it porous and increasing its ability to absorb particles in the air. These filters are used to absorb gases and odors from cooking, mold, chemicals, pets, and smoke. This segment is expected to grow at a 6.8% CAGR during the forecast period.
In 2020, the commercial segment dominated the air purifier market with a 55% share. Hospitals, offices, hotels, educational facilities, cinemas, shopping malls, conference centers, and other recreational facilities are all commercial users of air purifiers. Air purifiers are used to remove allergens, airborne pathogens, and odors from the air and patients working in dental and medical laboratories, veterinary clinics, animal shelters, clinics, and hospitals. Maintain the staff's indoor air quality. During the COVID 19 pandemic, demand for air purifiers is increasing in various medical facilities around the world due to their ability to limit the spread of infectious diseases.
During the forecast period, the Industrial segment is expected to grow at a CAGR of 6%. Food and beverage, printing, power plants, chemicals, petrochemicals, and manufacturing are all industries that use air purifiers. Air purifiers help remove weld fume, asbestos, construction dust, and other particles that are hazardous to employees and can harm the environment if left untreated.
Air Purifier Market Key Players:
IQAir
Daikin
Honeywell International, Inc.
LG Electronics, Inc.
Unilever PLC
Koninklijke Philips N.V.
Panasonic Corporation
Hamilton Beach Brands, Inc.
Whirlpool Corporation; Carrier
Camfil
Sharp Electronics Corporation
COWAY Co., Ltd.
Samsung Electronics Co., Ltd.
Dyson
Molekule
Air Purifier Market Regional Insights:
The report's Regional Analysis assists in understanding the Air Purifier market in various countries. Political, geographic, purchasing behaviour, and other factors influence the Air Purifier market in each region. Local development plans are frequently influenced by the performance of the Air Purifier market. The report includes a thorough examination of all factors, including market size, growth rate, and import and export in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Key questions answered in the Air Purifier Market are:
Key Offerings:
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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