To combat the COVID 19 outbreak, governments in some countries have erected blockades. As a result, the custom of staying at home and working from home raises the demand for air purifiers even more. Furthermore, air purifiers are in high demand from hospitals, universities, and government agencies as consumers seek ways to avoid the spread of the coronavirus. Some countries are focusing on air pollution management by implementing tight indoor air quality laws and standards, and numerous air pollution campaigns launched by governments and non-governmental organisations (NGOs) around the world are driving the air purifier market growth.

Air Purifier Market Scope:

This market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimisation, market share, the impact of domestic and localised market players, emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, and geographic expansion. Please contact Stellar Market Research for an Analyst Brief for more information on the Air Purifier market; our specialists will aid you in making an informed market choice to achieve market growth.

Air Purifier Market Overview: 

The Air Purifier Market competitive landscape extracts information from a competitor. The facts include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market initiatives, geographical presence, firm strengths and weaknesses, product introduction, product width and breadth, and application dominance. The preceding data points are only relevant to the firms' concentrate on the Air Purifier   market.

Air Purifier Market size was valued at US$ 11.01 Bn. in 2022. And the total Air Purifier revenue is expected to grow by 8.94%

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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 reasons are propelling the market segment's expansion.
Activated carbon, also known as activated carbon filters, are microscopic 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 absorb gases and odours emitted by cooking, mould, chemicals, pets, and smoking. This segment is predicted to develop at a 6.8% CAGR throughout the projection period.

In 2020, the commercial segment dominated the air purifier market with a 55% share. Hospitals, workplaces, hotels, educational facilities, cinemas, shopping malls, conference centres, and other recreational facilities are all commercial users of air purifiers. Air purifiers are used to remove allergies, airborne infections, and odours from the air and patients working in dentistry and medical laboratories, veterinary clinics, animal shelters, clinics, and hospitals. Maintain the staff's interior air quality. During the COVID 19 pandemic, demand for air purifiers is increasing in many medical institutions around the world due to its potential to reduce the transmission of infectious diseases.

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

Regional Analysis:

Individual market influencing aspects and changes in legislation in the market that effect existing and future market trends are also included in the regional component of the research. Data points such as downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are only a few of the indicators used to forecast the market scenario for various countries.

COVID-19 Market Impact Analysis:

The research also addresses the impact of COVID-19 on the Air Purifier market.The fundamental purpose of this study is to help the user understand the market in terms of definition, segmentation, market potential, significant trends, and industry challenges across 10 key regions. The study provides a micro and macroeconomic analysis of the total impact of COVID-19 on the Air Purifier Market. The detailed report focuses on market share and size, which clearly demonstrates the influence that the pandemic has had and will have on the worldwide Health Insurance Market in the next few years.

Key Questions Answered in the Air Purifier Market Report are: 

• What will be the CAGR of the Air Purifier market during the forecast period (2021-2027)?
• Which segment emerged as the leading segment in the Air Purifier market?
• Which are the prominent players in the Air Purifier market?
• What key trends are likely to emerge in the Air Purifier market in the forecast period?
• What will be the Air Purifier market size by 2027?
• Which company held the largest share in the Air Purifier market in 2020?

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About Stellar Market Research

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to 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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