The Global Air Purifier Market is expected to gain a value of USD 31,924.3 Million by 2025 with a CAGR of 11.41% during the forecast period (2019–2025).
The report covers segmentation and the market dynamics for a better glimpse of the market in the coming years. Air purifiers are used to remove volatile organic compounds (VOCs), odors, and gaseous and particle pollutants. Moreover, air purifiers are used to eliminate airborne mold, bacteria, viruses, dust mites, and pollen from the air in both, residential and commercial applications. Unlike air filters, air purifiers emit ions to kill, neutralize, transform or otherwise render airborne toxins harmless. Additionally, they trap airborne particles within a tangible filter.
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The key players of the global air purifier market are Dyson (Singapore), Sharp Corporation (Japan), Panasonic Corporation (Japan), Unilever (UK), Honeywell International Inc (US), Midea Group (China), COWAY CO., LTD (South Korea), Xiaomi Inc (China), Koninklijke Philips N.V. (the Netherlands), Daikin Industries, Ltd (Japan), Blueair (Sweden), LakeAir (US), IQAir (Switzerland), Samsung (South Korea), Broad Group (China), Whirlpool Corporation (US), AB Electrolux (Sweden), YADU Int’l Technology (Beijing) Co., Ltd (China), Austin Air (US), BONECO AG (Switzerland), Airgle Corporation (US), Airdogusa (US), Rabbit Air (US), and Levoit (US).
The global air purifier market is segmented based on product type and sales channel.
On the basis of product type, the global air purifier market is segmented into into high-efficiency particulate air (HEPA) purifiers, ultraviolet (UV) air purifiers, activated carbon air purifiers, and ion & ozone generator air purifiers. The high-efficiency particulate air (HEPA) purifiers segment is expected to dominate the market, owing to cost-efficient, compared to other types of air purifiers.
In terms of value the HEPA purifiers segment accounted for the larger market share of 57.35% in 2018, with a market value of USD 3,731.1 million; it is expected to register a CAGR of 10.93% during the forecast period.
On the basis of region, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world. North America is anticipated to lead the electric wall heater market during the forecast period, followed by Europe. North America is expected to witness an excellent growth in the electric wall heater market, owing to the rapid urbanization, increase in demand for comfort and convenience in homes, and rapidly changing lifestyle. The Occupational Safety and Health Administration (OSHA) has amended several norms regarding the heating solution standards in this country. An increase in the number of residential construction activities and extreme climatic conditions increase the demand for electric wall heaters. Thus, an increase in construction activities, government regulations, and growing industrialization are some of the factors driving the market in this region.
The Global Air Purifier Market is expected to reach USD 4,566.18 Million at a CAGR of over 5.66% by the end of the forecast period.
LIST OF TABLES
TABLE 1 MARKET SYNOPSIS 20
TABLE 2 LIST OF ASSUMPTIONS 22
TABLE 3 NEW PRODUCT DEVELOPMENT: - KEY DEVELOPMENT ANALYSIS, 2015 TO 2019 26
TABLE 4 MERGER & ACQUISITION & PARTNERSHIP: - KEY DEVELOPMENT ANALYSIS, 2015 TO 2019 27
TABLE 5 EXPANSION: - KEY DEVELOPMENT ANALYSIS, 2015 TO 2019 28
TABLE 6 DYSON: PRODUCTS/SERVICES OFFERED 30
TABLE 7 DYSON: KEY DEVELOPMENTS 30
TABLE 8 SHARP CORPORATION: PRODUCTS/SERVICES OFFERED 33
TABLE 9 SHARP CORPORATION: KEY DEVELOPMENTS 34
TABLE 10 PANASONIC CORPORATION: PRODUCTS/SERVICES OFFERED 37
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LIST OF FIGURES
FIGURE 1 GLOBAL AIR PURIFIER MARKET: MARKET STRUCTURE 22
FIGURE 2 BENCHMARKING OF MAJOR COMPETITORS 24
FIGURE 3 MAJOR MANUFACTURER REVENUE MARKET SHARE ANALYSIS, 2018 (VALUE) 25
FIGURE 4 MAJOR ONLINE PLAYERS REVENUE MARKET SHARE ANALYSIS, 2018 (VALUE) 25
FIGURE 5 DYSON: FINANCIAL SNAPSHOT, 2016–2018 (USD MILLION) 29
FIGURE 6 DYSON: SWOT ANALYSIS 31
FIGURE 7 SHARP CORPORATION: FINANCIAL SNAPSHOT, 2016–2018 (USD MILLION) 32
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