Global Air Purifier Market is Estimated to Reach $22 Billion by 2025, Says Accurize Market Research
Global Air Purifier Market report published by Accurize Market Research forecast that the global market is expected to reach $22 billion by 2025; growing at a CAGR of 3.8% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Increasing air pollution along with rising health concern, and exposure to respiratory diseases to drive the growth of the market
Increasing industrial and air pollution along with increasing health concern and exposure to respiratory diseasesfuelthe demand for the global air purifier market.Furthermore,rise in the disposable income as well as increased awareness regarding the benefits of air purifier also boosts the growth of the market.
Market Segmentation
The global air purifier market has been bifurcated on the basis of product, technology, application and geography. Product is categorized into dust collectors, fume & smoke collectors, vehicle exhaust, mist eliminators and fire/emergency exhausts. By technology, the segment is classified into HEPA, electrostatic precipitators, activated carbon ionic filters, UV light air purifier and others. Application segment is divided into residential, automotive, construction, healthcare & medical, energy & utility and manufacturing.
By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consists of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into China, Japan, India, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
Top players in the market
The key market players include Daikin Industries, Ltd., Honeywell International Inc., 3M Company, Philips Electronics, SPX Corporation, Camfil Group,Clarcor Inc., Sharp Corporation, Fumex Inc., and Eureka Forbes, among others.
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