The Residential Air Purifiers Market size was valued at USD 16 Bn. in 2022 and the total Insulation revenue is expected to grow by 6.3 % from 2023 to 2029, reaching nearly USD 6.39 Bn.
Residential Air Purifiers Market Overview:
The Residential Air Purifiers Market research provides a full competition picture, including market share and company profiles of the major players in the worldwide industry. The scope of the research covers a complete examination of the Residential Air Purifiers Market, as well as the causes for variances in the industry’s growth in different areas.
Market Scope:
To locate and collect material appropriate for this study, this research study makes considerable use of secondary sources, directories, and databases such as annual reports, press releases, journals, corporate websites, and databases.
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Dynamics:
Americans continue to live in countries with unhealthy air quality caused by ozone or air particle pollution. To manage allergies brought on by dust, pollen, and pet dander, it is necessary to regularly wipe surfaces and wash bedding. A good residential air purifier also helps to prevent the spread of bacteria and viruses. It has been demonstrated that several residential air purifiers are 99% successful at eliminating bacteria, viruses, and germs throughout the house. The Centres for Disease Control and control have made the control of infections related to healthcare a primary strategic objective. Due of the previous pandemic and the estimated 90000 deaths that occur there every year, there is an urgent need to integrate design, maintenance, and operations to maintain indoor air quality in healthcare institutions.
Segmentation:
1 Global Residential Air Purifiers Market, by Technology Insights (2022-2029)
• High Efficiency Particulate Air (HEPA)
• Activated Carbon
• Ionic Filters
• Others
2 Global Residential Air Purifiers Market, by Application Insights (2022-2029)
• Commercial
o Retail Shops
o Offices
o Healthcare Facilities
o Hospitality
o School
o Educational Institutions
o Laboratories
o Transport
o Others
• Residental
• Industrial
3 Global Residential Air Purifiers Market, by Type (2022-2029)
• Stand-alone
• Duct
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Key Players: The entire approach involves a review of the financial reports of the major market participants. Following the determination of the overall market size, the complete market was divided into many segments and sub-segments and checked with key industry professionals such as CEOs, VPs, directors, and marketing executives. The major players in the Residential Air Purifiers Market are
5. Whirlpool Corporation(US)
6. Dyson(US)
7. Alen Corporation(US)
8. Airgle Corporation(US)
9. Hunter Pure Air(US)
10.Samsung Electronics Co. Ltd.(South Korea)
11.WINIX Co. Ltd.(South Korea)
12.LG Electronics Inc.(South Korea)
13.Koninklijke Philips N.V.(Netherlands)
14.Unilever Group(UK)
15.AllerAir Industries Inc.(Canada)
16.IQAir(Switzerland)
17.Xiaomi Corporation(China)
18.Camfil AB(Sweden)
19.Kent RO Systems Ltd.(India)
20.HSIL Limited(India)
Regional Analysis: The region portion of the Residential Air Purifiers Market study also includes individual market affecting elements and changes in legislation in the market that affect present and future market trends. Current and future trends are discussed in order to estimate the entire market potential and to highlight profitable trends in order to obtain a firmer footing. Geographic market assessment is based on the existing scenario and predicted developments.
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COVID-19 Impact Analysis on Residential Air Purifiers Market:
Following the outbreak of the pandemic, end-user sectors where Residential Air Purifiers Market are used had a fall in growth from January to May in a variety of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a suspension in operations. This resulted in a major decrease in the revenues of firms operating in these industries and, as a consequence, in demand for Residential Air Purifiers Market manufacturers, influencing the growth of the Residential Air Purifiers Market in 2020. With lockdowns and a rising number of COVID-19 cases throughout the world, the demand for Residential Air Purifiers Market from end-user businesses has decreased significantly.
Key Questions answered in the Residential Air Purifiers Market Report are:
- Which are the major companies in the Residential Air Purifiers Market?
- Which is the potential market for Residential Air Purifiers Market in terms of the region?
- What are the opportunities for new market entrants?
- What is expected to drive the growth of the market in the next seven years?
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