What is Home Air Purifier?
Home Air Purifier or air cleaner is a device which removes contaminants from the air in a room to improve indoor air quality. These devices are commonly marketed as being beneficial to allergy sufferers and asthmatics, and at reducing or eliminating second-hand tobacco smoke. The commercially graded air purifiers are manufactured as either small stand-alone units or larger units that can be affixed to an air handler unit (AHU) or to an HVAC unit found in the medical, industrial, and commercial industries. Air purifiers may also be used in industry to remove impurities from air before processing. Pressure swing adsorbers or other adsorption techniques are typically used for this.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | LG Electronics (South Korea), Panasonic (Japan), Samsung Electronics (South Korea), Sharp Corporation (Japan), Koninklijke Philips N.V. (Netherlands), IQAir (Switzerland), Honeywell International Inc. (United States), Dyson Ltd. (United Kingdom), Koninklijke Philips (Netherlands) and Sunbeam Products Inc. (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (HEPA purifiers, Adsorbent purifiers, UV purifiers, Ionic purifiers and Ozone generators) , by application (Kitchen, Cleaning and Others) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Home Air Purifier market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Home Air Purifier market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are LG Electronics (South Korea), Panasonic (Japan), Samsung Electronics (South Korea), Sharp Corporation (Japan), Koninklijke Philips N.V. (Netherlands), IQAir (Switzerland), Honeywell International Inc. (United States), Dyson Ltd. (United Kingdom), Koninklijke Philips (Netherlands) and Sunbeam Products Inc. (United States).
Market Overview:
On 18th November 2021, iRobot's smart home ambitions about the company's collaboration with Amazon, the company has gradually revealed these plans in the hopes of realizing Roomba's potential as a kind of smart home missing link. The acquisition of Aeris Cleantec AG, a Swiss company best known for its HEPA air purifiers, is a surprising next step for the company. Certainly, the acquisition is consistent with the company's core focus of cleaning the home, nearly 20 years after the launch of its first robotic vacuum.
CARB enacted a home air purifier regulation to limit ozone emissions from indoor air purifier devices. CARB certification is required for all indoor air cleaners sold in California, including air purifiers purchased online. Approved air cleaners are listed as California Certified Air Cleaning Devices, which are kept up to date. An approved air purifier must also have a label on the packaging that looks like the sample label shown below. Even though fully-integrated in-duct air purifier devices are currently exempt from regulation, some in-duct devices may emit unhealthy levels of ozone. In the future, CARB plans to amend the air purifier regulation to include in-duct devices.
Coway Co., Ltd., Dyson Technology Limited, Honeywell International Inc., Levoit, LG Electronics Inc., Xiaomi Corporation, Koninklijke Philips N.V., Sharp Corporation, Unilever PLC (Blueair AB), and Winix Inc. are some of the key companies profiled in the home air purifiers market report. This report profiles key market players and thoroughly analyses their strategies, which aids in understanding the competitive outlook of the smart air purifier market opportunity.
Home Air Purifier Market Dynamics:
Attributes | Details |
---|
Growth Drivers | - Rise in the Airborne Diseases
- Increased Awareness about the Healthy Lifestyle
- Increased Pollution Levels in the Metro Cities
|
Major Trends | - High Demand for Home Products from the Consumers
- High Switching Rate from Home Air Purifier Product
|
Restraints | - Fluctuation in the Raw Material Prices
- Brief Shelf Life of the High-end Home Air Purifier Market
|
Road Blocks / Challenges | - Slowdown of the World Economy
- Implications for Regulation
|
Gaps & Opportunities | - Growing Consumer Electronics Industry
- Growth in the E-Commerce Industry in Developing Industries
|
Key highlights of the Global Home Air Purifier market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Home Air Purifier market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Home Air Purifier market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Home Air Purifier Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Home Air Purifier market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Home Air Purifier market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Home Air Purifier Manufacturer, Home Air Purifier Supplier & Distributor, Government Bodies, Research Institutes and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.