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The demand for residential smart air purifiers is expected to grow in the emerging economies, due to

By Jimmysher41    30 / Jan / 2019    In Category Technology

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The global smart air purifiers market is expected to reach $11,403.0 million by 2025 from $4,510.0 million in 2017, growing at a CAGR of 12.2% from 2018 to 2025. Smart air purifier is an upgraded version of the traditional air purifier, which is used for automatic air purification across different industries. It is connected with wireless networks such as Wi-Fi and Bluetooth, and can be remotely operated by using an app on smartphones.

 

A smart air purifier is an upgraded version of the traditional air purifier, which is installed with wireless networks such as Wi-Fi and Bluetooth, and can be operated by using an app on smartphones. These purifiers can be used from distant locations, and can be controlled remotely through smart connectivity. The major benefit of a smart air purifier is that users can track and control the indoor air quality and can change the basic settings through smartphones.

 

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Rise in awareness about the adverse effects of pollution on humans is encouraging various electronics companies to introduce advanced air purifies in the market. In addition, increase in need to remove fine airborne particles and germs from commercial spaces, offices, and homes, including the living room, bedroom, kitchen, and bathroom acts as the key driver of the global market. Furthermore, many countries are observing increase in household air pollution, due to excessive smoke generation through cooking, which has escalated the demand for smart air purifiers, thereby promoting the growth of the market.

 

The dust collectors segment secured the highest share of 61.7% in the smart air purifier market in 2017, and is expected to grow at a CAGR of 12.4% during the forecast period. In terms of technique, the high-efficiency particulate air (HEPA) segment is expected to contribute the highest market share in the coming years, as these purifiers have extensive demand due to their advance purifying process.

 

The demand for smart air purifiers has been witnessed to increase significantly in the residential and commercial sectors, due to their easily availability in the fast emerging economies. This is attributed to the presence of several local and regional manufacturers in these economies. The residential sector accounted for around 67% share of the global smart air purifiers market.

 

Asia-Pacific is anticipated to dominate the smart air purifiers market during the forecast period, owing to the presence of key companies and increase in pollution in the Asian countries. Moreover, Europe and North America are expected to witness moderate growth during the forecast period.

 

 

Key Benefits

  • The report provides an extensive analysis of the current and emerging trends and dynamics in the global smart air purifiers market.
  • In-depth analysis is conducted by constructing market estimations for the key market segments between 2018 and 2025.
  • Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • Comprehensive analysis of all regions is provided that determines the prevailing opportunities across various geographies.
  • The profiles of key market players along with their strategies are analyzed thoroughly to understand the competitive outlook of the market.

 

Smart Air Purifiers Market Key Segments:

By Type

  • Dust Collectors
  • Fume & Smoke Collectors
  • Others (Odor Removal and Germs Removal)

By Technique

  • High-efficiency Particulate Air (HEPA)
  • Thermodynamic Sterilization System (TSS)
  • Ultraviolet Germicidal Irradiation
  • Ionizer Purifiers
  • Activated Carbon Filtration
  • Others (Filters and Photocatalytic Oxidation (PCO))

By End User

  • Residential
  • Commercial
  • Others (Personal and Public)

 

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Major players such as Honeywell International Inc., Koninklijke Philips N.V., Sunbeam Products, Inc., Xiaomi Corporation, Blue Air, Coway, Whirlpool Corporation, Americair Corporation, Sharp Corporation, and Dyson Technology Limited have adopted new product launch and business expansion as their key strategies to expand their market foothold.

 

About Allied Market Research

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

 

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

 

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