Electronic Air Cleaners & Purifiers Market by Technology, Utility, Type, Application, End-Users

Description

List of Tables

[180 Pages Report] The Electronic Air Cleaners & Purifiers Market size was estimated at USD 75.54 billion in 2023 and expected to reach USD 80.10 billion in 2024, at a CAGR 6.54% to reach USD 117.75 billion by 2030.

Global Electronic Air Cleaners & Purifiers Market

KEY MARKET STATISTICS
Base Year [2023]	USD 75.54 billion
Estimated Year [2024]	USD 80.10 billion
Forecast Year [2030]	USD 117.75 billion
CAGR (%)	6.54%

Electronic Air Cleaners & Purifiers Market - IMG1

Air conditioning & moving equipment are vital components of modern building systems, designed to maintain comfortable living and working environments by controlling temperature, humidity, and air quality. These systems are crucial in residential, commercial, industrial, and institutional buildings. Air conditioning equipment refers to devices or systems that regulate the temperature and humidity levels within a defined space by transferring heat from the interior to the exterior. The main components of an air conditioning system include evaporators, compressors, condensers, and expansion devices. Air moving equipment encompasses a wide range of devices that facilitate air movement for various purposes, such as ventilation, heating, or cooling. The major function of these devices is to enhance indoor air quality by eliminating contaminants such as dust particles or unpleasant odors while also providing enough fresh air. The ongoing expansion of the global construction sector and burgeoning demand for air conditioning & moving equipment in the food & beverage and pharmaceutical sectors drive market growth. On the contrary, the cost-intensive nature of raw materials and components and the need for periodic maintenance hinders their adoption. However, the developmental efforts made to introduce advanced air conditioning & moving equipment that offer better performance and energy efficiency and government initiatives focusing on reducing energy consumption in buildings through various regulations and policies are expected to boost demand for innovative products in this industry.

Regional Insights

In the Americas, air conditioning & moving equipment play a significant role in maintaining comfortable indoor environments for residential, commercial, and industrial applications, with the demand for these technologies being driven by factors such as climate conditions, economic growth, and technological advancements. The United States is among the key markets for air conditioning systems in the Americas region, with the increasing use of air conditioning & moving equipment used in large industrial areas. In South America, countries such as Brazil and Mexico experience high temperatures along with high humidity levels during summer months leading to a growing demand for efficient cooling solutions. In the Asia-Pacific region, the air conditioning & moving equipment market is expanding rapidly due to the diverse climate conditions, rising disposable income levels, and improved living standards that have led to increased penetration of air conditioners in emerging economies such as India, China, and Southeast Asian countries. Rapid urbanization, industrial growth, and increasing demand for energy-efficient cooling solutions have contributed to the widespread adoption of these technologies. In Europe, strict regulations related to energy consumption are pushing both residential and commercial customers towards adopting energy-efficient air conditioning systems. The European Union's targets for reducing greenhouse gas (GHG) emissions have led to the implementation of measures. Meanwhile, in the Middle East region, rapid urbanization coupled with extreme climatic conditions has resulted in high demand for air conditioning systems. Africa's growing economic development presents numerous opportunities to expand the air conditioning & moving equipment market within this region. Moreover, introducing novel air conditioning & moving systems for better energy efficiency combined with regional regulations is expected to further boost the market growth in the coming years.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Electronic Air Cleaners & Purifiers Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Electronic Air Cleaners & Purifiers Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Electronic Air Cleaners & Purifiers Market, highlighting leading vendors and their innovative profiles. These include Air Oasis LLC, Applied Comfort by Carver Group Limited, Blue Star Limited, Camfil, Carrier Global Corporation, Daikin, Daikin Industries, Ltd., Fujitsu Limited, Godrej & Boyce Manufacturing Company Limited, Haier Group Corporation, Hitachi, Ltd., Honeywell HBT, Ice Air, LLC, Islandaire, Johnson Controls International PLC, Karmic Connection Securitas Private Limited, Lennox International Inc., LG Corporation, Lloyd by Havells Group, Mitsubishi Electric Corporation, Nortek, Panasonic Holdings Corporation, Philips Domestic Appliances Holding B.V., POLAR GLOBAL EUROPE HVAC SYSTEMS, S.L., Rheem Manufacturing Company, Samsung Electronics Co., Ltd., Star Eye Technology, Sungreen Ventilation Systems, The Whalen Company, Trane, Trane Technologies Company, LLC, Voltas Limited, and Whirlpool Corporation.

Market Segmentation & Coverage

This research report categorizes the Electronic Air Cleaners & Purifiers Market to forecast the revenues and analyze trends in each of the following sub-markets:

Technology
- High-Efficiency Particulate Air (HEPA) Filters
- Ionizers
- Ozone Generators
- Photocatalytic Oxidation
- Ultraviolet Germicidal Irradiation
Utility
- Air Conditioning Equipment
  - Ducted Air Conditioners
  - Packaged Terminal Air Conditioners
  - Split Air Conditioners
  - Vertical Package Air Conditioners
- Air Moving Equipment
  - Air Handlers
  - Inline Fans
  - Roof Mounted Fans
  - Roof Ventilators
  - Utility Blowers
- Air Purification Systems
Type
- Non-portable
- Portable
Application
- Indoor
- Outdoor
End-Users
- Commercial
- Industrial
- Residential
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Electronic Air Cleaners & Purifiers Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Electronic Air Cleaners & Purifiers Market?

3. What are the technology trends and regulatory frameworks in the Electronic Air Cleaners & Purifiers Market?

4. What is the market share of the leading vendors in the Electronic Air Cleaners & Purifiers Market?

5. Which modes and strategic moves are suitable for entering the Electronic Air Cleaners & Purifiers Market?

Product Code: MRR-2A0283E25806

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Electronic Air Cleaners & Purifiers Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Continuous expansion of construction sector worldwide with infrastructure development
  - 5.1.1.2. Proliferating demand for air conditioning & moving equipment from the food & beverage and pharmaceutical sectors
  - 5.1.1.3. Growing awareness among consumers regarding air quality and thermal comfort
- 5.1.2. Restraints
  - 5.1.2.1. High cost of raw materials and components used in air conditioning & moving equipment
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing research to introduce advanced air conditioning & moving equipment
  - 5.1.3.2. Government focus and initiatives to reduce energy consumption in buildings
- 5.1.4. Challenges
  - 5.1.4.1. Operational issues and need for regular maintenance
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Electronic Air Cleaners & Purifiers Market, by Technology

6.1. Introduction
6.2. High-Efficiency Particulate Air (HEPA) Filters
6.3. Ionizers
6.4. Ozone Generators
6.5. Photocatalytic Oxidation
6.6. Ultraviolet Germicidal Irradiation

7. Electronic Air Cleaners & Purifiers Market, by Utility

7.1. Introduction
7.2. Air Conditioning Equipment
- 7.3.1. Ducted Air Conditioners
- 7.3.2. Packaged Terminal Air Conditioners
- 7.3.3. Split Air Conditioners
- 7.3.4. Vertical Package Air Conditioners
7.3. Air Moving Equipment
- 7.4.1. Air Handlers
- 7.4.2. Inline Fans
- 7.4.3. Roof Mounted Fans
- 7.4.4. Roof Ventilators
- 7.4.5. Utility Blowers
7.4. Air Purification Systems

8. Electronic Air Cleaners & Purifiers Market, by Type

8.1. Introduction
8.2. Non-portable
8.3. Portable

9. Electronic Air Cleaners & Purifiers Market, by Application

9.1. Introduction
9.2. Indoor
9.3. Outdoor

10. Electronic Air Cleaners & Purifiers Market, by End-Users

10.1. Introduction
10.2. Commercial
10.3. Industrial
10.4. Residential

11. Americas Electronic Air Cleaners & Purifiers Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Electronic Air Cleaners & Purifiers Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Electronic Air Cleaners & Purifiers Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
- 14.3.1. Merger & Acquisition
  - 14.3.1.1. Panasonic Completes Acquisition of Air-Conditioning Business of Systemair AB of Sweden
- 14.3.2. New Product Launch & Enhancement
  - 14.3.2.1. Fujitsu General launches new ducted air conditioning range
  - 14.3.2.2. Godrej Appliances Launches India's First Leak Proof Split Air Conditioner
- 14.3.3. Award, Recognition, & Expansion
  - 14.3.3.1. Mitsubishi Electric to Build Plant in India for Room Air Conditioners and A/C Equipment Compressors

15. Competitive Portfolio

15.1. Key Company Profiles
- 15.1.1. Air Oasis LLC
- 15.1.2. Applied Comfort by Carver Group Limited
- 15.1.3. Blue Star Limited
- 15.1.4. Camfil
- 15.1.5. Carrier Global Corporation
- 15.1.6. Daikin
- 15.1.7. Daikin Industries, Ltd.
- 15.1.8. Fujitsu Limited
- 15.1.9. Godrej & Boyce Manufacturing Company Limited
- 15.1.10. Haier Group Corporation
- 15.1.11. Hitachi, Ltd.
- 15.1.12. Honeywell HBT
- 15.1.13. Ice Air, LLC
- 15.1.14. Islandaire
- 15.1.15. Johnson Controls International PLC
- 15.1.16. Karmic Connection Securitas Private Limited
- 15.1.17. Lennox International Inc.
- 15.1.18. LG Corporation
- 15.1.19. Lloyd by Havells Group
- 15.1.20. Mitsubishi Electric Corporation
- 15.1.21. Nortek
- 15.1.22. Panasonic Holdings Corporation
- 15.1.23. Philips Domestic Appliances Holding B.V.
- 15.1.24. POLAR GLOBAL EUROPE HVAC SYSTEMS, S.L.
- 15.1.25. Rheem Manufacturing Company
- 15.1.26. Samsung Electronics Co., Ltd.
- 15.1.27. Star Eye Technology
- 15.1.28. Sungreen Ventilation Systems
- 15.1.29. The Whalen Company
- 15.1.30. Trane
- 15.1.31. Trane Technologies Company, LLC
- 15.1.32. Voltas Limited
- 15.1.33. Whirlpool Corporation
15.2. Key Product Portfolio

16. Appendix

16.1. Discussion Guide
16.2. License & Pricing