This global study conducted by GMI Research provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for different segments. The market report tracks the overall demand growth during the forecast period. A regional study of the market is also carried out in North America, Asia-Pacific, Europe, and the Rest of the World. The report indicates growth parameters in the regional markets, along with leading players that are dominating the industry.
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The leading organizations covered in the Residential Air Purifier Market are:
- Sharp Corporation
- Daikin Industries, Ltd.
- Panasonic Corporation
- Honeywell International Inc
- LG Electronics
- Whirlpool Corporation
Drivers of the Residential Air Purifier Market:
The growing pollution globally with the increase in the number of vehicles on the road is a major factor surging the growth of the global residential air purifier market. The annual population rate is rising across the world, which is further growing the occupancy at public places. These over-occupied places raise the presence of contaminants in the air. Air purifiers offer technology to inhale fresh air at home, which is accelerating the demand for residential air purifiers. The emerging trend of smart homes, public and private funding to counter air pollution, government initiatives to effectively monitor and control air pollution, and rising awareness of health and pollution are further boosting the growth of the global residential air purifier market.
The Covid-19 pandemic emergence has provided various opportunities for air purifier manufacturing organizations as the demand for purified air in enclosed spaces has expanded to restrict virus from spreading. In addition to this, high-performance air purifiers are capable of filtering particles of size 1 micron. The Covid-19 virus is assumed to be of 1.2micron size. Air purifier manufacturers are propelling their research & development activities to innovate premium filtering technologies, offer solutions to filter this virus for the indoor environment, and fulfill the rising demand for energy-efficient purifiers. These innovations are fuelling the growth of the global residential air purifier market.
Key Benefits offered by the Residential Air Purifier Market report:
- This study represents the analytical depiction of the Residential Air Purifier Market along with the ongoing trends and future estimations to determine the imminent investment pockets.
- The report provides detailed information related to market drivers, restraints, and growth opportunities, followed by the analysis of the Residential Air Purifier Market share.
Segmentation of the Residential Air Purifier Market:
The Residential Air Purifier Market has been categorized into the following segments:
Breakup by Technology:
- High-Efficiency Particulate Air (HEPA)
- Other Technologies
Breakup by Type:
- Portable/Stand-Alone Air Purifiers
- In-Duct Air Purifiers
Breakup by Region:
- North America
o United States of America
- Asia Pacific
o Rest of APAC
o United Kingdom
o Rest of Europe
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, be it small and medium enterprises or large organization. Our research team helps the clients to understand the importance and impact of the market dynamics. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use both internal and external databases to cull out relevant information about the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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