About Indoor Air Purification
Growing awareness among consumers regarding ill effects of indoor air impurities on health will help to boost global Indoor Air Purification Market in the forecast period. Indoor air purification is the method of eliminating or deactivating indoor air pollutants. It helps to maintain a clean and safe environment in home and manufacturing and production facilities. Indoor air purification removes contaminated particles, odors, eliminate gaseous pollution and endorse healthy air.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Indoor Air Purification market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Daikin Industries Ltd. (Japan), Sharp Corporation (Japan), Camfil Group (Sweden), Philips Electronics N.V. (Netherlands), 3M Company (United States), Panasonic Corporation (Japan), LG Electronics Inc. (South Korea), Mann+Hummel (Germany), Honeywell International Inc. (United States) and Whirlpool Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Clarcor Inc. (United States) and Fumex Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Indoor Air Purification market by Type (Dust Collectors & Vacuums, Fume & Smoke Collectors, Mist Eliminators, Fire & Emergency Exhaust and Others), Application (Industrial, Commercial and Residential) and Region.
On the basis of geography, the market of Indoor Air Purification has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Technology, the sub-segment i.e. HEPA will boost the Indoor Air Purification market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Demand Due To Favorable Government Laws & Regulations and Growing Awareness of the Harmful Impact of Indoor Air Pollutants on Health & Well-Being
Market Growth Drivers:
Increased Growth in the Residential and Commercial Sector and Fueling Demand in Various End-User Applications
Challenges:
The Reluctance of Manufacturers to Make Huge Capital Investments In Indoor Air Purification Systems
Restraints:
Release of Byproducts and Significant Cost of Indoor Air Purifiers
Opportunities:
Increasing Levels of Poor Air Quality and Rise in Spending Power of Consumers from Emerging Economies and Growing Consumer Awareness
Market Leaders and their expansionary development strategies
In March 2019, SHARP, a renowned name in consumer durable products, professional displays and Office Automation Solutions has launched the “KC-G40M” Air Purifier with Humidifier designed specifically for India Market.
In January 2024, Praan, the DeepTech company behind the world's most advanced filterless air purifier, MK II, has announced the official launch of its groundbreaking domestic product, HIVE. The HIVE is a compact, high volume air purification device, built with aircraft craft aluminium. The aesthetically pleasing air purifier with a best-in-class Clean Air Delivery Rate (CADR), utilises H14-HEPA medical-grade filtration to purify particulate matter and VOCs in a 345 sq. ft. space.
Key Target Audience
Manufacturers, Traders and Distributors, Raw Material Suppliers, Transport Authorities, Research Institutes, Industry Associations, Market Research and Consulting Firm and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.