Smart Air Purifiers Market

1. Smart Air Purifiers Market Is Expected To Reach $11,403.0 Million By 2025 From $4,510.0 Million In 2017 | CAGR12.2% Smart Air Purifiers Market By Type (Dust Collectors, Fume & Smoke Collectors, And Others), Technique (High-efficiency Particulate Air (HEPA), Thermodynamic Sterilization System (TSS), Ultraviolet Germicidal Irradiation, Ionizer Purifiers, Activated Carbon Filtration, And Others), And End User (Residential, Commercial, And Others) - Global Opportunity Analysis And Industry Forecast, 2018-2025

2. Smart Air Purifiers Market Overview: The global smart air purifiers market is expected to reach $11,403.0 million by 2025 from $4,510.0 million in 2017, growing at a CAGR of 12.2% from 2018 to 2025. Smart air purifier is an upgraded version of the traditional air purifier, which is used for automatic air purification across different industries. It is connected with wireless networks such as Wi-Fi and Bluetooth, and can be remotely operated by using an app on smartphones.

3. ◦ The major benefit of a smart air purifier is that users can track and control the indoor air quality and can change the basic settings through smartphones. Moreover, increase in awareness about the adverse effects of pollution on health is encouraging various electronics companies to develop advanced air purifiers. Moreover, rise in need to remove fine airborne particles and germs in commercial spaces, offices, and homes, including the living room, bedroom, kitchen, and bathroom drives the demand for smart air purifiers across the globe. ◦ Request Sample Report: ◦ However, some air purifiers produce ozone, which is hazardous to the environment as well as to humans. Thus, implementation of stringent rules by regulatory bodies toward the use of such smart air purifiers restrains the growth of the market. Furthermore, many air purifiers rely on the use of disposable, replaceable filters, which add extra cost to users, thereby limiting the market growth.

5. The global smart air purifiers market is segmented based on product, technique, end user, and region. By type, the market is categorized into dust collectors, fume & smoke collectors, and others. In 2017, the dust collecting smart air purifiers segment dominated the global market, in terms of revenue, and is expected to maintain this trend in the coming years. On the basis of technique, the market is fragmented into high-efficiency particulate air (HEPA), thermodynamic sterilization system (TSS), ultraviolet germicidal irradiation, filter, activated carbon-polarized media photocatalytic oxidation (PCO), ionizer purifiers, and others. High-efficiency particulate air (HEPA) technology is anticipated to dominate the global market throughout the forecast period.

6. The end-user segment is divided into residential, commercial, and others. In 2017, the residential segment accounted for the highest market share, and is expected to dominate the market during the forecast period, due to increased demand for smart air purifiers in the residential sector. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2017, Asia-Pacific was the highest contributor to global smart air purifiers market, and is anticipated to secure the leading position during the forecast period, due to burgeoning demand and increase in pollution level.

7. Competition Analysis Competitive analysis and profiles of the major players, such as Honeywell International Inc., Koninklijke Philips, Sunbeam Products, Inc., Xiaomi Corporation, Blue air, Coway, Whirlpool Corporation, Americair Corporation, Sharp Corporation, and Dyson Technology Limited, are provided in this report. Business expansion, product launch, acquisition, and collaboration have been the various key strategies adopted by these players from 2015 to 2018 to establish themselves in the market. ◦ Key Benefits ◦ The report provides an extensive analysis of the current and emerging trends and dynamics in the global smart air purifiers market. ◦ In-depth analysis is conducted by constructing market estimations for the key market segments between 2018 and 2025. ◦ Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework. ◦ Comprehensive analysis of all regions is provided that determines the prevailing opportunities across various geographies. ◦ The profiles of key market players along with their strategies are analyzed thoroughly to understand the competitive outlook of the market.

8. Smart Air Purifiers Market Key Segments: By Type By Technique By End User ◦ Dust Collectors ◦ Fume & Smoke Collectors ◦ Others (Odor Removal and Germs Removal) ◦ High-efficiency Particulate Air (HEPA) ◦ Thermodynamic Sterilization System (TSS) ◦ Ultraviolet Germicidal Irradiation ◦ Ionizer Purifiers ◦ Activated Carbon Filtration ◦ Others (Filters and Photocatalytic Oxidation (PCO)) ◦ Residential ◦ Commercial ◦ Others (Personal and Public)

9. By Region ◦ North America ◦ U.S. ◦ Mexico ◦ Canada ◦ Europe ◦ UK ◦ Germany ◦ France ◦ Russia ◦ Rest of Europe ◦ Asia-Pacific ◦ China ◦ Japan ◦ India ◦ South Korea ◦ Rest of Asia-Pacific ◦ LAMEA ◦ Latin America ◦ Middle East ◦ Africa

10. Key Players ◦ Honeywell International Inc. ◦ Koninklijke Philips ◦ Sunbeam Products Inc. ◦ Xiaomi Corporation ◦ Blue Air ◦ Coway ◦ Whirlpool Corporation ◦ Americair Corporation ◦ Sharp Corporation ◦ Dyson Technology Limited

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