Home | Technology News Search Engine:
|
|
|
Home: Technology News:
|
|
(IT-NEWSWIRE.COM, October 11, 2019 ) An air purifier is a device which removes contaminants from the air in a room to improve indoor air quality. These devices are commonly marketed as being beneficial to allergy sufferers and asthmatics, and at reducing or eliminating second-hand tobacco smoke. Dust, pollen, mold spores, and dust mite feces can act as allergens, triggering allergies in sensitive people. Smoke particles and volatile organic compounds (VOCs) can pose a risk to health. Exposure to various components such as VOCs increases the likelihood of experiencing symptoms of sick building syndrome. By Technology, the market is segmented into HEPA, Activated Carbon, and Others. HEPA segment grabbed the largest market share with 61.37% in the year 2018 followed by activated carbon segment.
Browse full report: https://www.datamintelligence.com/research-report/air-purifier-market
Growing demand for air purification devices
The global Air Purifier Market is primarily driven due to growing awareness and demand on air purifiers globally. Increasing awareness concerning health advantages of air purifiers is expected to boost the market worldwide. Growing health consciousness in people and improved standard of living are the crucial factors which made air purifier as a daily requirement in most of the countries.
Air purifiers improve the indoor atmosphere of a room and ensure the strength of the population in urban situations experiencing migraines, cardiovascular diseases, and respiratory diseases. The demand for Air Purifiers has been growing at more than 100 percent month-on-month owing to the worsening air quality globally. Having some of the highest levels of pollution in the emerging economies is also the major reason for increasing the demand for air purifiers globally.
Philips in South Asia has been undertaking marketing for the last few years to create awareness about indoor air pollution. Many startups are making efforts to purify the air with innovative ideas. Apart from big brands like LG, Samsung, Daikin, Phillips, Panasonic even FMCG companies like HUL Pureit, Amway, and Everyday have ventured into air purifiers. Companies are keen to keep production costs low to attract consumers.
The involvement of large multinationals fuels the growth of the sector and provides employment opportunities globally, the demand for skilled as well as semiskilled workers at these companies is rising.
Air purifier manufacturers are expected to increase their production units globally. A leading retailer in India, Vijay sales, announced that they sold 500 units of air purifiers in the national capital region of India for the year 2017 and expected to double their units for the coming years.
Download free sample: https://www.datamintelligence.com/download-sample/air-purifier-market
APAC to Grow at the Highest Rate in Air Purifier Market
The global window films market is segmented by geography into North America, Europe, Asia Pacific, South America, The Middle East and Africa.
The growth in the industry is mainly due to rapid industrialization, highly flourishing residential and commercial building sectors, and growing middle-class population and spending power that lead to the increasing demand for better lifestyles.
According to IBEF, the real estate sector in India is expected to contribute around 13% of the country’s GDP by 2025. Gross office absorption in top Indian cities has increased 26 percent year-on-year to 36.4 million square feet between January-September 2018. As of December 2017, the government had formally approved 423 Special Economic Zones (SEZ), where most of which are commercial spaces, out of which c222 are in operation and rest SEZ’s are expected to open for operation in coming years. The majority of the SEZs are in the IT/ ITeS sector.
North America holds a significant market share, owing to greater disposable income, massive industrialization, environmental protection laws, and increased awareness to curb pollution. Furthermore, The U.S. construction industry is rising at a rapid pace with annual expenditures of over (US)$1,231 billion.
Construction projects are taking place all over the country, making the industry’s outlook a positive one. Strict mandates imposed by the US Environment Protection Agency on curbing air pollution is a major factor propelling many people in the US to install air purifiers in places wherever possible. For instance, under the Clean Air Act (CAA), EPA sets limits on certain air pollutants, including setting limits on how much can be in the air anywhere in the United States.
Enquire before buying: https://www.datamintelligence.com/enquiry/air-purifier-market
Market Players
Global Air Purifier Market is a competitive market with the presence of various global and regional players in the market. The companies are competing based on the price, product specifications and innovation, and market presence. The global air purifier market share is characterized by competition based on prices and products provided to clients. Major industry participants are based in the U.S. and China.
Key players are adopting strategies such as mergers and acquisitions, partnerships, regional expansion, and product launches to stand out as strong competitors in the market. The major players include Honeywell International Inc., Guardian Technologies, Koninklijke Philips, Xiaomi Corporation, Blueair (Unilever), Coway, Whirlpool Corporation, Americair Corporation, Sharp Corporation, Dyson Technology Limited, and others.
Buy now: https://www.datamintelligence.com/cart
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
DataM Intelligence
Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com
Source: EmailWire.com
|
|
|
|
Technology News Headlines
|
|
|
Technology Business Video Feed
|
More Technology Video Feeds
|
|
|