Air Purifier Market, By Product Type (HEPA, Activated Carbon, Ionic, Hybrid), By Circulation (Forced, Natural), By Portability (Standalone/Portable, In-duct/Fixed), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). The global Air Purifier Market size was estimated at USD 14.2 billion in 2023 and is projected to reach USD 24.8 billion in 2030 at a CAGR of 7.2% during the forecast period 2024-2030.
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High-Efficiency Particulate Air (HEPA) filters, made from submicron glass fibers, are a key technology in the air purifier industry. These filters have a substantial surface area and can remove approximately 98.6% of particles equal to or larger than 0.4 microns, making them highly effective in improving air quality. The effectiveness of HEPA filters in capturing a wide range of particle sizes underscores their importance in enhancing indoor environments.
Regional Analysis
North America to Dominate the Market
North America holds the largest share of the air purifier market, driven by high demand in the U.S. due to the increasing prevalence of airborne ailments and the need for maintaining good indoor air quality. The demand has surged in healthcare facilities seeking technologies to prevent the spread of the novel coronavirus. Additionally, rising pollution levels from industrialization, urbanization, and rapid population growth contribute to significant market growth in the U.S. This robust demand across various sectors underscores North America's leading position in the global air purifier market.
Recent Developments
In January 2024, COWAY CO., LTD. launched the Airmega 100, which boasts a 360° air intake and a 3-stage HEPA filtration system capable of purifying the air in an 810-square-foot area per hour.
In February 2024, Carrier introduced a new carbon air purifier utilizing UV technology to enhance indoor air quality.
Competitive Landscape
· 3M Co.
· Ahlstrom-Munksjo Oyj
· AVVIR
· Camfil AB
· Cummins Inc.
· Daikin Industries Ltd.
· DENSO Corp.
· Donaldson Co. Inc.
· Freudenberg Group
· IQAir
· MAHLE GmbH
· MANN+HUMMEL Group
· Parker Hannifin Corp.
· Samsung Electronics
· Whirlpool Corporation
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The air purifier market is experiencing significant growth driven by rising health consciousness and increasing awareness about indoor air quality, particularly among residential consumers. This shift is fueled by the prevalence of airborne diseases and escalating pollution levels in urban areas. Enhanced living standards, higher disposable incomes, and stringent environmental regulations are further propelling market demand. The industrial and commercial segments continue to play a vital role, but the surge in residential adoption marks a notable change in end-user preferences.
In developing countries, rapid industrialization and extensive construction activities exacerbate air pollution, increasing the need for air purifiers. In the United States, stringent environmental laws and the effectiveness of High-Efficiency Particulate Air (HEPA) technology are expected to drive market growth. The country, grappling with substantial industrial pollution and significant contributions from the transportation sector, is implementing strict regulations to combat rising pollution levels. Looking ahead, the air purifier market is poised for continued expansion, with manufacturers focusing on innovative, compact, and efficient models tailored for residential use to meet growing consumer demand for cleaner living environments.
The Air Purifier Market is segmented into various segments such as Product Type, Circulation, Portability, and Region:
Based on Product Type
· HEPA
· Activated Carbon
· Ionic
· Hybrid
Based on the Circulation
· Forced
· Natural
Based on the Portability
· Standalone/Portable
· In-duct/Fixed
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
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· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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