Air purifiers are devices which draw air by fabric filters which are employed for removing smoke and dust from the air. Air purification is a system or device that is chiefly used for the commercial, industrial and residential application to control or remove the air impurities, pollutants from the air and to deliver clean air in a room. There is a variance between air purification system and air cleaner. Air cleaner generate noise at high speed and also costly to preserve however air purifier is silent device and needs relatively less maintenance. The global air purifiers market is growing with a CAGR of over 12% during the forecast period. Rolling usage of HEPA is trending in the global air purifiers market. HEPA refers to High efficiency particulate air originally named as high-efficiency particulate absorber. Air filters meeting the HEPA standard have numerous applications, such as use in automobiles, medical facilities, homes and aircraft. The filter must gratify certain standards of efficiency those set by the United States Department of Energy. To be suitable as HEPA by US government standards, an air filter obliges to remove 99.97% of particles that have a size of around 0.3 micrometres. Some of the prevalent residential air purifiers with HEPA technology comprise of Blueair Classic 505 HEPA Silent Air Purifier and Blue air HEPA Silent Air Purifier, Sharp Plasmacluster Ion Air Purifier and Honeywell True HEPA Tower Allergen Remove with True HEPA Filtration. Also, the vendors are impending up with progressive materials to improve the efficiency of air purifiers.
The major drivers of the global air purifiers market are growing consumer expenditure on lifestyle products, increasing air pollution anxieties, rising usage of HEPA technology, growing respiratory diseases. The major restraining factors of the global air purifiers market is high pricing of products restricting in consumption,. Air purifiers recover the indoor climate of a room and guard the health of the people in urban environments which are suffering from cardiovascular diseases, headaches, and respiratory ailments. Moreover, rising allergies among people, increase in asthmatic patients, and a growing number of tobacco smokers are pouring demand for air purifiers. Air purifiers decrease the allergies among penetrating people by eliminating pet dander, dust, pollen, dust mite feces and mold spores.
Source: OBRC Analysis
The report on global air purifiers market includes equipment filter type and end users.
Filter type is segmented into:
- HEPA
- ACTIVATED CARBON
- ELECTROSTATIC PRECIPITATOR
- UV LIGHT AIR PURIFIER
- IONIC AIR PURIFIER
- OTHERS
The applications of air purifiers include:
- Industrial
- Commercial
- Residential
The report scope is widely categorized on the basis of its filter types which include HEPA, activated carbon, electrostatic precipitator, u-v light air purifier, ionic air purifier and others. Moreover, the market revenue estimates and forecast includes hardware systems.
The global air purifiers market report has been geographically segmented in:
- North America (U.S. & Canada)
- Asia Pacific (China, India, Japan, RoAPAC)
- Europe (UK, France, Germany, RoE)
- Rest of World
North America accounts for highest revenue share in 2016. US dominated the North America air purifiers market in the year 2016, and is expected to maintain its dominance over the next five years as well,due to increasing disposable income, industrialization, increased awareness to curb pollution and environmental protection laws. The surging consumption of air purifiers, fortified with HPEA filtration technology to eliminate pollutants from the air inside the home and eliminate pollens, smoke, dust, and pet dander are also driving the North America in the global air purifiers market. Furthermore, the rising importance of healthier indoor air quality, fortified by the US EPA, and the green-building movement are additionally augmenting the demand for air purifiers in homes across the region. Nevertheless, the air purifiers market in Asia-Pacific is anticipated to be fastest growth during the 2016-2023. According to the Internationale des Constructeurs d'Automobiles (OICA) Organisation, about 43.85 million vehicles were recorded in Asia-Pacific in the year 2015, which is evidently demonstrating the high pollution levels in the Asia-Pacific. Furthermore, emerging countries such as India and China are anticipated to enormously contribute to the development of air purifiers market in Asia Pacific through 2023 due to the increasing air pollution in the country. Moreover, growing awareness due to rigorous government regulations to control pollution levels and the health risks related with infection along with augmented industrialization and urbanization is anticipated to drive demand of air purifiers.
Global air purifiers market report covers segmentation analysis of filter type and end user. Report further covers segments of filter type which includes HEPA, actherstivated carbon, electrostatic precipitator, UV light air purifier, ionic air purifier and others. HEPA segment hold the highest revenue share in filter type segment. Using HEPA filters can trap dust mites, mold spores, pollen and pet dander pollutants and may aid in bringing relief from allergy or asthma. The prevalence of asthma in countries varies widely. According to the American Academy of Allergy, Asthma & Immunology it is estimated that around 300 million people globally suffer from asthma, with 250,000 annual deaths accredited to the disease.
The major market players of the global air purifiers market are:
- AUSTIN AIR SYSTEMS LTD
- BLUE AIR AB
- DAIKIN INDUSTRIES, LTD
- EUREKA FORBES LTD
- HONEYWELL INTERNATIONAL, INC
- LG ELECTRONICS INC
- PHILIPS CORPORATION
- OTHERS
These companies are using various strategies such as merger & acquisition, collaboration, partnership and product launch. Whereas, merger & acquisition is the key strategy adopted by the companies in the air purifiers market.
For example: in the year 2016, Philips introduced the latest innovations in air purifiers category i.e. Philips Air Purifier Series 6000 and Philips Air Purifier Series 3000 launched with Philips’ Aerasense technology that provides real time numerical PM 2.5 LED display.
In the year 2016 Blueair, a world leader in air purifying solutions is acquired by the UniLiver which is one of the world's most respected corporations for its sustainability practices such as waste reduction & recycling.
The report covers detailed analysis of companies which comprises of overview, SCOT analysis, product portfolio, strategic initiative, strategic analysis, competitive landscape and market share analysis in air purifiers market.
Key reason to buy the report:
- The report includes market estimation, forecast and analysis for the year 2016-2023.
- Report includes detailed analysis of different segments such as filter type and end users of air purifiers market.
- Identify and understand the strength, opportunities, challenges and threat of the air purifiers market.
- Covers details analysis of Porters 5 force model and other strategic models and also covers revenues, market share analysis, competitive landscape analysis of major players of air purifiers market.
- Detailed analysis of various regulatory policies which are affecting the global air purifiers market.
How we are different from others:
At Occam’s we provide an extensive portfolio which is comprehensive market analysis along with the market size, market share, and market segmentations. Our report on global air purifiers market offers detailed analysis of strategic models such as investment vs. adoption model, see saw analysis and others strategic models. Also, the report contains the detailed analysis of application, adoption scenario and decision support for each segment. The report discusses competitive landscape of the air purifiers market, with giving extensive SCOT analysis of key companies.
Key findings of the global air purifiers market:
- Rising usage of HEPA technology is the major driving factor of the global air purifiers market.
- North America held the highest revenue share in 2016.
- HEPA type segment held the large revenue share in 2016 due to increasing prevalence of allergies and asthma.
- Acquisition is the key strategy adopted by players of air purifiers market.