Global Smart Air Purifier Market
The GMI Research forecasts that the Smart Air Purifier Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the need for better and more advanced avenues for air purification.
Introduction of the Smart Air Purifier Market
A smart air purifier is a better version of an air purifier that helps to monitor and control air quality. It can be remotely operated through an app on smartphones or tablets connected through wireless networks such as Wi-Fi and Bluetooth. They help to eliminate dust, fume, mold, smoke particles, vehicle exhaust, cooking smoke, and gaseous pollutants in a specific area.
Key Players of the Global Smart Air Purifier Market:
- Honeywell International Inc.
- Sunbeam Products, Inc.
- Xiaomi Corporation
- Koninklijke Philips N.V.
- Coway Co.,Ltd.
- Sharp Corporation
- Winix Inc.
- Whirlpool Corporation
- Acer Inc.
- Unilever Group
- Americair Corporation
- ATIF Holdings Limited
Smart Air Purifier Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Growth in the smart air purifier market is primarily driven by accelerating urban population, amplification in construction activities leading to an increase in the emission of hazardous particulate in the environment, and enormous beneficial advantages proffered by them such as distant supervision of purifiers via smartphones, automatic detection of pollution level and live reading of air quality data and speed adjustment. In addition, augmentation in demand to eradicate the airborne particles, dust, commercial spaces, gems in homes, and corporate offices, along with the expanding vehicle production and raised demand for a clean and healthy environment, have further strengthened the smart air purifier market size. Furthermore, the growing apprehension about the negative impacts of air pollution is another factor supplementing the market growth. However, their inflated cost may hinder the market growth.
Technology Segment Drivers
Based on technology, the market is segmented into HEPA filters and activated carbon. Amongst which, HEPA (high-efficiency particulate air) is forecasted to witness the largest share in the near future. This is primarily because of their exceptional features, such as their ability to capture pollutants as little as 0.3 microns in size. Additionally, their surging demand in Commercial and public buildings, including airports, offices, museums, hotels, salons, hospitals, restaurants, and schools, has propelled the market growth.
Application Segment Drivers
Based on application, residential will experience a faster growth rate over the forecast period owing to the aggravating problems concerned with air pollution. The intensifying number of smart homes and ease of operating them stimulates market growth.
Regional Drivers
Based on the regional coverage, Asia-Pacific is contemplated to dominate the market during the forecast period. This is because of the mounting population and rapid urbanization in emerging nations such as China, Japan, India, and South Korea. On the other hand, North America is expected to expand a higher CAGR owing to the swift economic enhancement, raised standard of living, and speedy industrialization.
Smart Air Purifier Market Segmentation:
Segmentation by Technology
- HEPA Filter
- Activated Carbon
- Others
Segmentation by Application
- Commercial
- Residential
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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