Research On Global Markets
Syndicated Market Research Report
An air purifier is a device that helps in eliminating contaminations from the air. Air purification systems are widely used in the residential sector owing to its efficiency in removal of harmful pollutants and maintaining clean air. Air purifiers can be classified in terms of their filter type such as high-efficiency particulate air, activated carbon, electrostatic precipitator, and ionic filters. The Global Air purifier market is forecasted to experience growing demand from schools, residential and hospitals due to various factors in the upcoming years. Product Innovation and New Launches Attract more Consumers The Global Air Purifier Market is experiencing huge demand due to increasing poor indoor air quality and growing air pollution. The key factor that drives the growth of this market is the rising prevalence of airborne diseases like emphysema, shortness of breath, asthma, and lung cancer, as well as other medical conditions, caused by air quality. The prevalence of common viral respiratory diseases like Middle East Respiratory Syndrome, Swine flu, the respiratory syncytial virus has also induced the rising demand for air purifiers. The growing demand for energy efficient air purifiers and also the awareness among individuals to use advanced filtration technology which helps in eliminating toxins, smoke, and other air pollutants is propelling market growth. People are increasingly becoming more aware of the health risks involved in inhaling polluted air. The need to reduce air pollutants is encouraging the growth of the market. Health risks resulting from industrialization and urbanization are also important drivers for this market. Further, there are current regulations regarding industrial emissions and also the health of workers are significant factors for influencing market growth. Currently, the Asia Pacific holds the largest global air purifier market share due to its continuing need to manage indoor pollution. Regions of North America and Africa are expected to develop in terms of market growth. The market in Europe is already experiencing a steady growth rate due to its awareness regarding health benefits of air purifiers. General market trends show that there has been a considerable increase in the demand for molecular and smart air purifiers especially when the latter is incorporated with Bluetooth and Wi-Fi systems and also monitors indoor and outdoor air quality levels via remote control. The global air purifier market includes top players like Panasonic, Honeywell, Whirlpool Corporation among others. The recently launched high-efficiency particulate air (HEPA) filters are capable of capturing maximum contaminations and are thus in a state of huge demand in countries like China and India.
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