Residential Air Purifiers Market Report: Trends, Forecast and Competitive Analysis to 2030

Residential Air Purifiers Market Trends and Forecast

The future of the global residential air purifiers market looks promising with opportunities in the portable /stand alone air purifiers and in-duct air purifiers markets. The global residential air purifiers market is expected to reach an estimated $15.9 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are growing cases of airborne diseases, rsising adoption of smart homes, and increasing government regulations to monitor and control air pollution effectively.

A more than 150-page report is developed to help in your business decisions.Learn the scope, benefits, companies researched and other details of the global residential air purifiers market report.

Residential Air Purifiers Market by Segment

The study includes a forecast for the global residential air purifiers market by technology, type, and region.

Residential Air Purifiers Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Portable /Stand Alone Air Purifiers
• In-Duct Air Purifiers

Residential Air Purifiers Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• High Efficiency Particulate Air (HEPA)
• Activated Carbon
• Ionic Filters
• Others

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Residential Air Purifiers Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Residential Air Purifiers Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies residential air purifiers companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the residential air purifiers companies profiled in this report include-

• Daikin Industries
• Sharp Corporation
• Honeywell International
• Samsung Electronics
• LG Electronics

Residential Air Purifiers Market Insights

Lucintel forecasts that portable/stand-alone purifiers will remain the largest segment over the forecast period due to growing popularity of smart houses and ambient-assisted living and increasing public awareness towards negative impact of air pollution on human health.

Within this market, High Efficiency Particulate Air (HEPA) will remain the largest segment due to the increasing concern towards environmental sustainability and introduction of next-generation HEPA filters integrated with new technologies.

APAC is expected to witness highest growth over the forecast period due to rapid urbanization, rising consumer desire for high-quality lifestyles, and growing investments by major players of the region.

Features of the Global Residential Air Purifiers Market

Market Size Estimates: Residential air purifiers market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Residential air purifiers market size by various segments, such as by type, technology, and region. in terms of value ($B).

Regional Analysis: Residential air purifiers market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, technologies, and region.s for the residential air purifiers market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the residential air purifiers market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the residential air purifiers market size?

Answer: The global residential air purifiers market is expected to reach an estimated $15.9 billion by 2030.

Q.2. What is the growth forecast for residential air purifiers market?

Answer: The global residential air purifiers market. is expected to grow with a CAGR of 7.2% from 2024 to 2030

Q.3. What are the major drivers influencing the growth of the residential air purifiers market?

Answer: The major drivers for this market aregrowing cases of airborne diseases, rsising adoption of smart homes, and increasing government regulations to monitor and control air pollution effectively.

Q.4. What are the major segments for residential air purifiers market?

Answer: The future of the residential air purifiers market looks promising with opportunities in the portable /stand alone air purifiers and in-duct air purifiersmarkets.

Q.5. Who are the key residential air purifiers market companies?

Answer: Some of the key residential air purifiers market companies are as follows: * Daikin Industries * Sharp Corporation * Honeywell International * Samsung Electronics * LG Electronics * 0 * 0 * 0 * 0 * 0

Q.6. Which residential air purifiers market segment will be the largest in future?

Answer: Lucintel forecasts that portable/stand-alone purifiers will remain the largest segment over the forecast period due to growing popularity of smart houses and ambient-assisted living and increasing public awareness towards negative impact of air pollution on human health.

Q.7. In residential air purifiers market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rapid urbanization, rising consumer desire for high-quality lifestyles, and growing investments by major players of the region.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the residential air purifiers market by type ( portable /stand alone air purifiers, and in-duct air purifiers), technology (high efficiency particulate air, activated carbon, ionic filters, and others), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?