![]() |
Market Research Report
Product code
970786
Smart Air Purifier Market 2020-2026 |
Smart Air Purifier Market 2020-2026 |
Published: October 15, 2020
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
|
Global Smart Air Purifier Market Size, Share & Trends Analysis Report By Type (Dust Collectors, Fume & Smoke Collectors, and Others), By Technology (High-efficiency Particulate Air (HEPA), Thermodynamic Sterilization System (TSS), and Others), By End-Use (Residential, Commercial, and Automotive), forecast period (2020-2026)
The global smart air purifier market is anticipated to grow at a CAGR of 11.9% during the forecast period. The growth of the market is majorly driven by the increasing pollution across the globe; owing to the rising number of industrial pollution, and fossil fuel consumption. Additionally, the rising prevalence of airborne diseases is also influencing the adoption of smart air purifier. The smart air purifier also provides users with various functions such as tracking of air quality with options such as daily, weekly and monthly reports as well as manual and automatic settings. These functions are expected to increase the replacement of traditional air purifiers with smart air purifiers, thus driving the growth of the market.
The global smart air purifier market is segmented based on type, technology, and end-use. Based on the type, the market is sub-segmented into dust collectors, fume & smoke collectors, and others. Based on the technology, the market is sub-segmented into High-Efficiency Particulate Air (HEPA), Thermodynamic Sterilization System (TSS), and others. Further, based on the end-use the market is sub-segmented into residential, commercial, and automotive.
The global smart air purifier market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. Asia Pacific is expected to show lucrative growth in the market during the forecast period. The growth in the region is attributed to the high air pollution, increasing the adoption rate of new technologies coupled with the presence of global players in the market.
The key players of the global smart air purifier market include Blueair AB, Coway Co., Ltd., Dyson Ltd., Honeywell International Inc., Koninklijke Philips N.V., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, & acquisitions, collaborations, and funding, to stay competitive in the market. For instance, in March 2019, Sharp Corp. launched the KC-G40M air purifier that comes with an additional humidifier option specifically for the Indian market. With the launch of the latest product, the company aims to strengthen its presence and to expand its air purifier range across the country.
Research Methodology
The market study of the global smart air purifier market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts as to bring more authenticity to the reports.
Secondary Sources Include:
Financial reports of companies involved in the market.
Whitepapers, research-papers, and news blogs.
Company websites and their product catalog.
The report is intended for smart air purifier manufacturers & distributors, consumer electronics companies, research organizations, start-ups, venture capitalists, seed funders, and other related organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
Market Segmentation
1. Global Smart air purifier Market Research and Analysis by Type
2. Global Smart air purifier Market Research and Analysis by Technology
3. Global Smart air purifier Market Research and Analysis by End-Use
The Report Covers:
Comprehensive research methodology of the global smart air purifier market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global smart air purifier market.
Insights about market determinants which are stimulating the global smart air purifier market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.