Smart Air Purifier Market Analysis Report By Technology and Application by sarajames · December 10 Leandro Castan Jersey , 2019
The global聽Smart Air Purifier Market聽size is expected to reach USD 4.71 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 12.2% during the forecast period. Rising efforts to eradicate airborne diseases and to maintain clean and healthy environment are anticipated to drive the growth. Rise in pollution levels across the world is a major factor driving the demand for anti-pollution products including smart air purifiers.
Smart air purifiers help monitor and control the air quality through a smartphone enabled app which also provide live reading of air quality data. The products also help track indoor air quality over a period of time enabling consumers to observe the time of the day with the best and worst air quality. Air purifiers are used to eliminate dust Kostas Manolas Jersey , dust mites, mold, pet dander Kevin Strootman Jersey , smoke particles, vehicle exhaust, cooking smoke Juan Jesus Jersey , and gaseous pollutants among others in a specific area. Rising smoke and PM2.5 levels are anticipated to drive the demand for air filtration and purifier products.
According to the World Health Organization (WHO), indoor and outdoor air pollution together lead to around 7 million premature deaths every year. Indoor air pollution leads to around 3.8 million premature deaths every year. These figures highlight the importance for air purifiers as an aid to reduce the impact of indoor air pollution. Manufacturers are constantly striving to launch new and innovative products to meet the growing product demand.
High Efficiency Particulate Air (HEPA) filter technology held a market share of 85.4% owing to the effectiveness of the technology across residential as well as commercial segment. These filters are small, portable Juan Iturbe Jersey , and usually work for a single-room space. These air filters can eradicate 99.97% of pollution particles.
Commercial application segment is expected to witness highest growth at a CAGR of 12.3% from 2019 to 2025 owing to rising investments by the key players. According to study from Harvard, people working in well ventilated areas with minimal level of indoor pollutants have higher cognitive functioning compared to offices with typical pollutant levels. Improved air quality also results in increased productivity. Rising focus on reducing carbon footprint of commercial buildings is anticipated to play a major role in driving the growth of this segment.
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Further key findings from the report suggest:
In terms of regional revenue, Asia Pacific held the largest share of the smart air purifier market In 2018 HEPA filter segment is expected to expand at a CAGR of 12.3% due to rise in demand from the residential segment Commercial application category held a market share of about 33.0% in terms of revenue in 2018 The market is highly competitive in nature with the presence of key players including Honeywell International Inc.; Koninklijke Philips N.V.; Sunbeam Products Hector Moreno Jersey , Inc.; Xiaomi Corporation; Blueair; COWAYCO.,LTD.; Whirlpool; Americair Corporation; and Sharp Corporation >Things You Need To Keep In Mind When You Are Looking For A Wholesale Laptop Supp
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