Residential Air Purifiers Market Growth & Opportunity - Exclusive Report by MarketsandMarkets™

Posted by Johnny on September 14th, 2022

According to the new market research report "Residential Air Purifiers Market by Technology (High Efficiency Particulate Air (HEPA), Electrostatic Precipitators, Activated Carbon, Ultraviolet), Type (Portable Air Purifiers, In-duct Air Purifiers), COVID-19 Impact - Global Forecast to 2026", published by MarketsandMarkets™, the global Residential Air Purifiers Market is expected to reach USD 14.1 billion in 2026 from USD 9.6 billion in 2021, at a CAGR of 8.1% during the forecast period.

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Browse in-depth TOC on "Residential Air Purifiers Market"

95 – Tables

42 – Figures

189 – Pages

Global Residential Air Purifiers Market Overview

The growth of this market is majorly due to the growing popularity of smart homes, supportive government regulations for effective air pollution monitoring and control, increasing public-private funding for effective air pollution monitoring, rising levels of air pollution worldwide, and increasing public awareness related to the healthcare and environmental implications of air pollution. However, the technical limitations pertaining to air quality monitoring products, along with their initial installation cost are expected to restrain the growth of this market during the forecast period.

This study involved the extensive use of both primary and secondary sources. The research process involved the study of various factors affecting the industry to identify the segmentation types, industry trends, key players, competitive landscape, key market dynamics, and key player strategies.

Key Market Players

The prominent players in the residential air purifiers market include Daikin Industries, Ltd. (Japan), Sharp Corporation (Japan), Honeywell International Inc. (US), Samsung Electronics Co., Ltd. (South Korea), LG Electronics Inc. (South Korea), Koninklijke Philips N.V. (Netherlands), Dyson (UK), Unilever Group (UK), Panasonic Corporation (Japan), Whirlpool Corporation (US), AllerAir Industries Inc. (US), IQAir (Switzerland), Winix Co., Ltd.

Recent Developments

•          In 2021, Panasonic Corporation (Japan) has developed a new nanoe X device that generates 100 times more Hydroxyl (OH) radicals than the conventional nanoe device. As a result, the latest nanoe X device delivers increased effectiveness in air purification and deodorization in indoor spaces.
•          In 2021, Panasonic Ecology Systems Co., Ltd. (PES) and Panasonic Ecology Systems Guangdong Co., Ltd. built the First Shunde Branch Plant in China, a new factory for IAQ devices such as energy recovery ventilator systems and air purifiers.
•          In 2021, Dyson (UK) opened its fourth Dyson Demo store in France, located in the iconic shopping district of Terrasses du Port in Marseille. The new space will showcase Dyson’s latest technology in home cleaning, air purification, lighting, and hair care.

The study categorizes the Residential Air Purifiers Market based on technology, type, and regional level.

Global Residential Air Purifiers Market, by Technology

•          High Efficiency Particulate Air (HEPA)
•          Other Technologies

Global Residential Air Purifiers Market, by Type

•          Portable /Stand Alone Air Purifiers
•          In-Duct Air Purifiers

Global Residential Air Purifiers Market, by Region

•          North America
•          Europe
•          Rest of Europe
•          Asia Pacific
•          Rest of APAC
•          Latin America
•          Rest of Latin America
•          Middle East & Africa

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