How Will The Indoor Air Purification Market Expand Through 2023-2032
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per The Business Research Company’s Indoor Air Purification Global Market Report 2023, the indoor air purification market is expected to show significant growth in the forecast period.
Key insights from the indoor air purification market forecast include:
- Market Size
The global indoor air purification market is expected to grow from $21.71 billion in 2022 to $23.72 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The global indoor air purification market size is expected to grow to $33.26 billion in 2027 at a compound annual growth rate (CAGR) of 8.8%.
- Major Driver
The rising prevalence of airborne diseases is likely to drive the indoor air purification industry forward. Airborne infections are spread by pathogenic germs released from diseased people into the air. Indoor air filtration systems are often used to protect the air within residential and commercial buildings by capturing and eliminating airborne particles that increase the risk of sickness, such as allergies, dust, and lint, in order to improve air quality. According to a study from the Centres for Disease Control and Prevention, a national public health agency based in the United States, around 264 mumps cases were recorded by 39 jurisdictions in 2022. As a result, the rising prevalence of airborne diseases is propelling the indoor air purification market forward.
View More On The Indoor Air Purification Market Report 2023 – https://www.thebusinessresearchcompany.com/report/indoor-air-purification-global-market-report
- Key Trend
Product innovation is a significant trend in the indoor air purification market’s growth. Major players in the indoor purification market are focusing on providing innovative solutions to strengthen their market position. Dyson Limited, a UK-based firm that sells air purifiers and home appliances, for example, announced the Dyson Purifier Hot+Cool and the Dyson Purifier Cool in October 2022, a new air purifier with hot and cold air output and HEPA filtration. Both the Dyson Purifier Hot+Cool and the Dyson Purifier Cool include upgraded HEPA filters based on the new HEPA H13 standard, which can collect 99.5% of particles as small as 0.1 microns.
- Major Players
Major players in the indoor air purification market are Daikin Industries Ltd., Koninklijke Philips N V, LG Electronics Inc., Panasonic Holdings Corporation, Honeywell International Inc., Samsung Electronics Co Ltd., Sharp Corporation, Dyson Limited, Unilever plc, Whirlpool Corporation, Aerus LLC, Legend Brands Inc., xpower, Abatement Technologies, Omnitech Design, Pullman Ermator Inc., Envirco Corporation, Camfil Group, Hamilton Beach Brands Inc., and Lifa Air Ltd.
- Top Market Segments
The global indoor air purification market is segmented –
1) By Product: Dust Collectors and Vacuums, Fume and Smoke Collectors, Mist Eliminators, Bad Odor and Harmful Gasses, Fire and Emergency Exhaust, Viruses and Fungus
2) By Technology: HEPA, Electrostatic Precipitators, Activated Carbon, Ionic Filters, Other Technologies
3) By Function: Manual, Sensor
4) By Distribution Channel: Direct Selling, E-Commerce, Supermarkets or Hypermarkets, Specialty Stores
5) By Application: Industrial, Commercial and Residential
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The Indoor Air Purification Global Market Report 2023 provides an in-depth analysis on the indoor air purification market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the indoor air purification market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
View More Related Reports –
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