Smart Air Purifiers Market Size to Incur Rapid Extension at Magnifying CAGR – Research Strategy and Growth Opportunities

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.

Growing awareness about the adverse effects of pollution on health has encouraged various electronics manufacturers to introduce advanced air purifiers. Moreover, people have become more technology oriented, and tend to invest significantly on high-end products such as smart air purifiers owing to increase in per capita income of the population in the emerging economies. However, high maintenance cost, replacement of filters, and premium installation charges have limited the adoption of these purifiers, thereby restraining the growth of the market.

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Competitive analysis and profiles of the major players in the global smart air purifiers market such as Honeywell International Inc., Koninklijke Philips, Sunbeam Products, Inc., Xiaomi Corporation, Blue Air, Coway, Whirlpool Corporation, Americair Corporation, Sharp Corporation, and Dyson Technology Limited are provided in this report. Product launch, business expansion, acquisition, and collaboration were the different key strategies adopted by key players from 2015 to 2018 to establish themselves in the market.

The global smart air purifiers market is segmented into product, technique, end user, and region. By type, the market is categorized into dust collectors, fume & smoke collectors, and others. The dust collecting smart air purifiers segment dominated the global market, and is expected to maintain this trend throughout the coming years, due to wide applications of these purifies. Based on technique, the market is fragmented into as high-efficiency particulate air (HEPA), thermodynamic sterilization system (TSS), ultraviolet germicidal irradiation, filter, activated carbon-polarized media photocatalytic oxidation (PCO), ionizer purifiers, and others. High-efficiency particulate air (HEPA) technology is anticipated to dominate the global smart air purifiers market throughout the forecast period.

The end-user segment is fragmented into residential, commercial, and others. In 2017, the residential segment accounted for the highest market share, followed by the commercial segment. Regionally, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2017, Asia-Pacific was the highest contributor to global smart air purifiers market, and is expected to witness significant growth rate in the coming years.

 Key Insights that the report covers:

  • Key drivers, restraints, and prevailing trends
  • Market size, growth rate, and opportunities
  • Market share and position of the top players
  • PEST Analysis of the five major regions
  • Detailed SWOT analysis of top 10 companies
  • Recent developments and new product launches
  • Major challenges faced by the market players

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Table of Content

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Smart Air Purifiers Market by type

Chapter 5: Smart Air Purifiers Market, by technique

Chapter 6: Smart air purifier market, by end user

Chapter 7: Smart Air Purifiers Market, By Region

Chapter 8: Company Profiles

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Posted by on Friday September 20 2019, 8:15 AM EDT. All trademarks acknowledged. Filed under Business Services, Consumer Electronics, Semiconductors. Comments and Trackbacks closed. Follow responses: RSS 2.0

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