Global Air Purifier Market size is projected to be valued $XX Billion by 2024; with a CAGR of XX% from 2017 to 2025. Air purifier devices are used in removing the contaminants from the air depending on the range and extent of diffusion of the purifiers. They are usually been widely used in the medical, industrial, and commercial industries. Air purifiers have been widely accepted across the industries due to its unique qualities such as removing pet dander, mold spores and dust mite feces, dust, pollen, and volatile organic compounds.
Rising industrial and air pollution, coupled with increasing health concern and exposure to respiratory diseases are expected to increasing the growth of the air purifier market. Moreover, rise in the disposable income and increased awareness regarding the benefits of air purifier is also expected to boast the growth of the market. However, high cost incurred in changing the filters of air purifier may hinder the growth of market.
The air purifier market is segmented on the basis of product, technology, application and by geography. Based on the product, the market is segmented into dust collectors, fume and smoke collectors, vehicle exhaust, mist eliminators and fire/emergency exhaust. By technology, the market has been further classified into HEPA, electrostatic precipitators, Activated carbon ionic filters, UV light air purifier and others. By application, the market has been segmented into Residential, Automotive, Construction, Healthcare & Medical, Energy & Utility and Manufacturing. Based on geography, the market has been segmented into North America, Europe, Asia Pacific and ROW.
Major companies operating in this market are Daikin Industries, Ltd., Honeywell International Inc., 3M Company, Clarcor Inc., Sharp Corporation, Philips Electronics, SPX Corporation, Camfil Group, Fumex Inc., and Eureka Forbes.
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Scope of the Global Air Purifier Market