Dublin, March 27, 2023 (GLOBE NEWSWIRE) -- The "Smart Air Purifiers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Smart Air Purifiers estimated at US$8.6 Billion in the year 2022, is projected to reach a revised size of US$19.6 Billion by 2030, growing at a CAGR of 10.9% over the analysis period 2022-2030.
Dust Collectors, one of the segments analyzed in the report, is projected to record a 11.6% CAGR and reach US$13.5 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Fume & Smoke Collectors segment is readjusted to a revised 10% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 12.7% CAGR
The Smart Air Purifiers market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.1 Billion by the year 2030 trailing a CAGR of 12.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.1% and 9.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.1% CAGR.
Select Competitors (Total 117 Featured) -
- Alen Corporation
- Americair Corporation
- Blueair, Inc.
- COWAYCO.,LTD
- Dyson Ltd.
- Honeywell International Inc.
- IQAir North America Inc.
- Koninklijke Philips N.V
- LG Electronics
- Samsung Electronics Co. Ltd.
- Sharp Electronics Corporation
- Sunbeam Products, Inc
- Whirlpool Corporation
- Winix Inc.
- Xiaomi Corporation
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 495 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $8.6 Billion |
| Forecasted Market Value (USD) by 2030 | $19.6 Billion |
| Compound Annual Growth Rate | 10.8% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 Pandemic and Looming Global Recession
- 2020 Marked as a Year of Disruption & Transformation
- COVID-19 Pandemic Significantly Elevates Role-Play of Smart Air Purifiers
- HEPA Filters to Fuel Revenue Growth
- Smart Air Purifiers - Global Key Competitors Percentage Market Share in 2021 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)
- Smart Air Purifiers: An Introduction
- Causes of Indoor Air Pollution
- Major Indoor Pollutants and their Impact on Health: Brief Details of Pollutant, Source, and Impact on Health
- Smart Air Purifiers by Technology
- By Type
- By End Use
- Global Market Prospects & Outlook
- Residential Air Purifiers Dominate the Market
- Developed Markets Account for Major Share
- Developing Asian Countries to Drive Future Growth
- China: High Growth Market for Smart Air Purifiers
- Competition
- Rise in Number of Start Ups in Smart Purifiers Space
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Air Pollution Levels Trigger Demand for Smart Air Purifiers
- Global Indoor Air Pollution Related Fatalities by Health Condition (2020): Percentage Breakdown of Deaths for ALRI, COPD, Ischemic Heart Disease, Lung Cancer, and Stroke
- Global Carbon Dioxide (CO2) Emissions (in Billion Metric Tons): 2010-2021
- Countries with the Highest Carbon Emissions Worldwide (2020): Percentage Breakdown for China, US, India, Russia, Japan, and Others Country
- Air Pollution Levels (PM10 ug/m3) for Major Countries Worldwide
- Emphasis on Maintaining Ambient Indoor Air Quality Augurs Well for Market Growth
- Air Pollution Levels (PM2.5 Concentration (?g/m) for Major Countries Worldwide for 2020
- Rising Incidence of Asthma and Air Borne Allergies Provide the Perfect Platform for Market Expansion
- Proliferation of Smart Homes at an Accelerating Pace Throws Abundant Opportunities
- Smart Home Penetration Rate (%) by Region/Country: 2020
- Global Smart Home Penetration Rate (%): 2017-2025
- Global Home Automation Market by Application (in %): 2020
- Combination Technologies Widen Functionalities
- UV Light Filtration Technology for Smart Air Purifiers
- Air Purifiers are Getting Smarter, Smaller, and More Innovative
- Innovations and Product Advancements Remain Core to Market Expansion
- Influx of New Products Impels Smart Air Purifiers Market
- Select New Product Launches
- Eliminating Odors and Smoke Remain Key to Product Success
- Vulnerability of the Expanding Aging Population to Air-borne Allergies and Health Risks: A Weighty Growth Driver
- Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
- Residential Replacements: An Important Driver
- E-Retailing Expands Opportunities
- Regulatory Standards Drive Sales of Air Purification Equipment
- Exponential Increase in Urban Population Expands Opportunities
- World Urban Population in Thousands: 1950-2050P
- World Percentage of Population Residing in Urban Areas by Region: 2000, 2010, 2020, 2030, 2040, and 2050
- Rising Affluence of Middle Class Consumer Segment
- Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
- Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
- Common Problems in Air Purifiers
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/t1e8w6
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