Apr 21, 2020   SOURCE: BusinessWire

$20+ Billion Air Purifiers Industry Outlook, 2027: COVID-19 Impact Assessment - ResearchAndMarkets.com

The "Air Purifier - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Air Purifier market accounted for $7.15 billion in 2018 and is expected to reach $20.63 billion by 2027, growing at a CAGR of 12.5% during the forecast period.

Some of the key factors propelling the market growth include the improved standard of living, increasing disposable income, rising prevalence of airborne diseases along with rising pollution levels in urban areas, and rising need for the adoption of air pollution control equipment. However, high adoption and maintenance costs are the restraining factors for the growth of the market.

By technology, high-efficiency particulate air (HEPA) segment is projected to grow substantially over the forecast period. HEPA filters are extremely efficient in trapping airborne particles such as dust, pollen, smoke, and bio-contaminants. Due to increasing air toxins from industries, air quality control regulations have increased, worldwide. Automotive, chemical, coal, cement and thermal industries are the primary sources of deteriorating air quality.

On the basis of geography, Asia-Pacific is expected to have considerable market growth during the forecast period, due to rapid urbanization and rising industrialization coupled with a growing population with increased disposable income. The air purifier market in South Korea is expanding rapidly, largely due to surging demand, as consumers are becoming more concerned about fine dust. Hence, South Korea's President's move to reduce the air pollution in the country, along with the regional cooperation with China, is expected to support the demand for the air purifiers market in the coming years.

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Technology Analysis

3.7 Application Analysis

3.8 Product Analysis

3.9 Emerging Markets

3.10 Impact of COVID-19

4 Porters Five Force Analysis

5 Global Air Purifier Market, By Technology

5.1 Introduction

5.2 Ionic Filters

5.3 High-Efficiency Particulate Air (HEPA)

5.4 Activated Carbon

5.5 Electrostatic Precipitators (ESPs)

5.6 Stimulated Carbon Air Purifiers

5.7 Ozone Generators

5.8 Other Technologies

5.8.1 Negative Ion Air Purifier

5.8.2 Ozone Air Purifier

5.8.3 UV Technology-Based Air Purifier

6 Global Air Purifier Market, By Application

6.1 Introduction

6.2 Residential

6.3 Industrial

6.4 Commercial

6.5 Healthcare & Medical

6.6 Automotive

6.7 Energy & Utility

6.8 Construction

6.9 Manufacturing

7 Global Air Purifier Market, By Coverage Area

7.1 Introduction

7.2 >400 Sq. Ft

7.3 Above 200-400 Sq. Ft

7.4 100-200 Sq. Ft

8 Global Air Purifier Market, By Product Type

8.1 Introduction

8.2 Whole-House Air Purifiers and Cleaners

8.3 Portable Air Purifiers

8.4 Smart Air Purifier

8.5 Stand-alone Air Purifiers

8.6 In-duct Air Purifiers

8.7 Dust Collectors

8.8 Fume and Smoke Collectors

8.9 Vehicle Exhaust

8.10 Mist Eliminators

8.11 Fire/Emergency Exhaust

9 Global Air Purifier Market, By Distribution Channel

9.1 Introduction

9.2 Offline Distribution Channel

9.3 Online Distribution Channel

10 Global Air Purifier Market, By Geography

10.1 Introduction

10.2 North America

10.3 Europe

10.4 Asia-Pacific

10.5 South America

10.6 Middle East & Africa

11 Key Developments

11.1 Agreements, Partnerships, Collaborations and Joint Ventures

11.2 Acquisitions & Mergers

11.3 New Product Launch

11.4 Expansions

11.5 Other Key Strategies

12 Company Profiling

12.1 LG Electronics Inc.

12.2 Daikin Industries Ltd.

12.3 Whirlpool Corp.

12.4 3M Co.

12.5 Koninklijke Philips N.V.

12.6 Samsung Electronics Co. Ltd.

12.7 Unilever Group

12.8 Honeywell International Inc.

12.9 Sharp Corporation

12.10 COWAY Co. Ltd.

12.11 Panasonic Corp.

12.12 Blueair AB

12.13 IQAir AG

12.14 Camfil AB

12.15 Hamilton Beach Brands, Inc.

12.16 Atlanta Healthcare

12.17 Blue Star Ltd.

12.18 Crusaders India Pvt. Ltd.

12.19 HSIL Ltd.

12.20 Xiaomi Inc.

For more information about this report visit https://www.researchandmarkets.com/r/al5n0h