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Indoor Air Purification Market Analysis, Share, Growth, Trends And Forecast 2024-2033
Indoor Air Purification Market
The indoor air purification market size is expected to see strong growth in the next few years. It will grow to $37.52 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to consumer preferences and product features, allergy and asthma concerns, commercial and institutional demand, smart and connected solutions, sustainable solutions demand. Major trends in the forecast period include health consciousness, urbanization and indoor pollution, covid-19 pandemic impact, regulatory standards, sustainable solutions, smart and connected devices.
Market Overview -
Indoor air purification refers to the purification of indoor air using air filters. It is a device that removes contaminating particles (such as dust, pollen, and dander) from the air to enhance its quality.
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Indoor Air Purification Market Soars In Response To Rising Airborne Disease Threats
The increasing prevalence of airborne diseases is expected to boost the growth of the indoor air purification market going forward. Airborne diseases are transmitted through the air in which pathogenic microbes are discharged from an infected person. Indoor air purification systems are commonly used to safeguard the air inside residential and commercial establishments to capture and eliminate airborne contaminants that raise the risk of illness capture, including allergens, dust, lint, to enhance air quality. For instance, according to the Centers for Disease Control and Prevention report, a US-based national public health agency, approximately 264 mumps cases were reported by 39 jurisdictions in 2022. Therefore, the increasing prevalence of airborne diseases is driving the growth of the indoor air purification market.
Competitive Landscape -
Major companies operating in the indoor air purification market report 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, Lifa Air Ltd, Coway Co. Ltd., Midea Group Co. Ltd., Xiaomi Corporation, Airfree Produtos Electrónicos SA, Air Oasis LLC, Airgle Corporation, Alen Corporation, Austin Air Systems Limited, Blue Pure AB, Carrier Global Corporation, Guardian Technologies LLC, Levoit, Medify Air LLC, Atlanta Healthcare, Kent RO Systems Ltd., Molekule .
Dyson Revolutionizes Indoor Air Purification With Innovative Products
Product innovation is a key trend in gaining popularity in the indoor air purification market. Major companies operating in the indoor purification market are focused on developing innovative solutions to strengthen their position in the market. For instance, in October 2022, Dyson Limited, a UK-based company that deals in air purifiers and home appliances, launched Dyson Purifier Hot+Cool and the Dyson Purifier Cool, a new air purifier with hot and cold air output and HEPA filtration. Dyson Purifier Hot+Cool and the Dyson Purifier Cool both have improved HEPA filters that are based on the new HEPA H13 standard that can capture 99.5% of particles as tiny as 0.1 microns, including allergens, bacteria, viruses, pollen, and mold spores as well as the H1N1 virus and enhanced acoustics 20% quieter than their earlier variants.
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Key Segments -
The indoor air purification market covered in this report 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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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