Report Ocean presents a comprehensive research report on Smart Air Purifiers, analyzing markets in 150+ countries. With access to 1,00000+ annual reports, subject matter experts ensure accuracy. Methods like S.W.O.T., P.E.S.T.E.L., and regression analysis forecast growth. The report covers regulations, research tech, innovation, and future trends in Smart Air Purifiers.
The global smart air purifiers market size was US$ 5.9 billion in 2021. The global smart air purifiers market is projected to grow to US$ 14.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 9.1% during the study period from 2022 to 2030.
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An improved version of the conventional air purifier, the smart air purifier automatically purifies the air for a variety of end users. It is connected to wireless networks like Wi-Fi and Bluetooth and a smartphone app through which users can use it automatically.
COVID-19 Impact Analysis
The COVID-19 pandemic led to lockdown measures in different countries which caused delays in manufacturing. As a result, it hampered the growth of the global smart air purifiers market. The market is majorly affected by the halt in operations in the industrial sector. However, the demand for air purifiers remained the same in households amid the COVID-19 pandemic.
Factors Influencing the Market
Due to its simplicity of use and great efficacy in removing viruses, bacteria, pollen, pet dander, and smoke from cooking, smart air purifiers are expected to see an increase in demand over the coming years as urbanization and the residential sector both grow. Other factors, like rising pollution levels in countries like China and India, will increase the use of smart air purifiers in the coming years.
In metropolitan areas, smart air purifiers are frequently utilized for residential purposes. The growing rate of building activities has increased the emission of dangerous particulates, forcing individuals and organizations to look for ways to lessen the effects of indoor and outdoor pollution on people. Alarming levels of pollution have been reached as a result of increased car production and growing urbanization. The main areas for the use and installation of smart air purifiers are indoor spaces, including homes, small-scale businesses and industrial buildings, and others.
Additionally, as industrialization is spreading around the world, air quality is declining, which increases demand for these purifiers and spurs market expansion. However, some air purifiers emit ozone, which is dangerous for both the environment and human health. As a result, it may become unfavourable to the smart air purifiers market in the coming years.
Regional Analysis
North America is projected to dominate the global smart air purifiers market, followed by Asia-Pacific. The growth of the market is attributed to the rising awareness about the benefits of smart air purifiers among residents. Further, growing industrialization in the countries of Asia-Pacific is projected to upsurge the demand for smart air purifiers during the study period.
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Competitors in the Market
Coway Co., Ltd.
Dyson Technology Limited
Honeywell International Inc.
Levoit
LG Electronics Inc.
Xiaomi Corporation
Koninklijke Philips N.V
Sharp Corporation
Unilever PLC
Winix Inc.
Other Prominent Players
Market Segmentation
The global smart air purifiers market segmentation focuses on Product, Technique, End User, and Region.
By Product Type
Dust Collectors
Fume and Smoke Collectors
Others
By Technique
Activated Carbon Filtration
High-efficiency Particulate Air (HEPA)
Thermodynamic Sterilization System (TSS)
Ultraviolet Germicidal Irradiation
Ionizer Purifiers
By End User
Residential
Commercial
Others
By Region
North America
The U.S.
Canada
Mexico
Europe
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Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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