How Big is the Smart Air Purifiers Market ? :
IMARC Group’s latest research report, titled “Smart Air Purifiers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the smart air purifiers market demand . The report also includes competitor and regional analysis, and contemporary advancements in the market. the global smart air purifiers market size reached US$ 6.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.1 Billion by 2028, exhibiting a growth rate (CAGR) of 7.8% during 2023-2028.
Smart air purifiers are devices that remove contaminating particles and pollutants from the air. They are manufactured of plastics or borosilicate glass fibers and are equipped with a motor, fan, and filter system that eradicate fumes, dust, and smoke from the air. They can be remotely operated by using a smartphone app connected to wireless networks, such as Wi-Fi and Bluetooth, that enable users to track and control indoor air quality and change basic settings using mobile phones. Also, these devices gather air quality data from special monitoring sensors and automatically clean the air accordingly and send alerts when air quality levels change. As a result, they are widely used in indoor spaces, including residential houses, small-sized commercial and industrial units and automobiles.
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Competitive Landscape with Key Players:
- Blueair (Unilever PLC)
- Coway Co. Ltd
- Dyson Limited
- Honeywell International Inc
- Koninklijke Philips N.V
- LG Electronics Inc. (LG Corporation)
- Sharp Corporation
- Vesync Co. Ltd
- Winix America Inc
- Xiaomi Corporation
What is the Market Trend for Smart Air Purifiers ? :
The increasing awareness among the masses regarding the adverse effects of pollution on health is driving the global market. Furthermore, numerous major companies are focussing on incorporating innovative features in smart air purifiers that enhance the air quality of homes, which in turn is providing an impetus to the demand. Besides this, continuous technological advancements, such as the integration of artificial intelligence (AI) and the Internet of Things (IoT) that assist in automatic speed adjustment to optimize room air quality, are impacting the market growth favorably.
Furthermore, the easy product availability via online and offline organized distributed channels and the advent of home delivery models are creating a positive market outlook. Other factors, including rapid urbanization and the development of aggressive marketing strategies and celebrity endorsements, are also influencing the market.
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Key Market Segmentation:
Breakup by Product Type:
- Dust Collectors
- Fume and Smoke Collectors
- Others
Breakup by Technique:
- High-Efficiency Particulate Air (HEPA)
- Thermodynamic Sterilization System (TSS)
- Ultraviolet Germicidal Irradiation
- Ionizer Purifiers
- Activated Carbon Filtration
- Others
Breakup by Distribution Channel:
- Online
- Offline
Breakup by End User:
- Residential
- Commercial
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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