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Residential Air Purifiers Market Report: Trends, Forecast and Competitive Analysis to 2030

September 2023 | 150 pages | ID: R35D35CDF018EN
Lucintel

US$ 4,850.00

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Residential Air Purifiers Market Trends and Forecast

The future of the global residential air purifiers market looks promising with opportunities in the portable /stand alone air purifiers and in-duct air purifiers markets. The global residential air purifiers market is expected to reach an estimated $15.9 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are growing cases of airborne diseases, rsising adoption of smart homes, and increasing government regulations to monitor and control air pollution effectively.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched and other details of the global residential air purifiers market report, please download the report brochure.

Residential Air Purifiers Market by Segment

The study includes a forecast for the global residential air purifiers market by technology, type, and region

Residential Air Purifiers Market by Type [Shipment Analysis by Value from 2018 to 2030]:
  • Portable /Stand Alone Air Purifiers
  • In-Duct Air Purifiers
Residential Air Purifiers Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
  • High Efficiency Particulate Air (HEPA)
  • Activated Carbon
  • Ionic Filters
  • Others
0

Residential Air Purifiers Market by Region [Shipment Analysis by Value from 2018 to 2030]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
List of Residential Air Purifiers Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies residential air purifiers companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the residential air purifiers companies profiled in this report include-
  • Daikin Industries
  • Sharp Corporation
  • Honeywell International
  • Samsung Electronics
  • LG Electronics
Residential Air Purifiers Market Insights

Lucintel forecasts that portable/stand-alone purifiers will remain the largest segment over the forecast period due to growing popularity of smart houses and ambient-assisted living and increasing public awareness towards negative impact of air pollution on human health.

Within this market, High Efficiency Particulate Air (HEPA) will remain the largest segment due to the increasing concern towards environmental sustainability and introduction of next-generation HEPA filters integrated with new technologies.

APAC is expected to witness highest growth over the forecast period due to rapid urbanization, rising consumer desire for high-quality lifestyles, and growing investments by major players of the region.

Features of the Global Residential Air Purifiers Market

Market Size Estimates: Residential air purifiers market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Residential air purifiers market size by various segments, such as by type, technology, and region in terms of value ($B).

Regional Analysis: Residential air purifiers market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, technologies, and regions for the residential air purifiers market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the residential air purifiers market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the residential air purifiers market size?

Answer: The global residential air purifiers market is expected to reach an estimated $15.9 billion by 2030.

Q.2 What is the growth forecast for residential air purifiers market?

Answer: The global residential air purifiers market. is expected to grow with a CAGR of 7.2% from 2024 to 2030

Q.3 What are the major drivers influencing the growth of the residential air purifiers market?

Answer: The major drivers for this market aregrowing cases of airborne diseases, rsising adoption of smart homes, and increasing government regulations to monitor and control air pollution effectively.

Q4. What are the major segments for residential air purifiers market?

Answer: The future of the residential air purifiers market looks promising with opportunities in the portable /stand alone air purifiers and in-duct air purifiersmarkets.

Q5. Who are the key residential air purifiers market companies?

Answer: Some of the key residential air purifiers market companies are as follows: %li%Daikin Industries %li%Sharp Corporation %li%Honeywell International %li%Samsung Electronics %li%LG Electronics %li%0 %li%0 %li%0 %li%0 %li%0

Q6. Which residential air purifiers market segment will be the largest in future?

Answer: Lucintel forecasts that portable/stand-alone purifiers will remain the largest segment over the forecast period due to growing popularity of smart houses and ambient-assisted living and increasing public awareness towards negative impact of air pollution on human health.

Q7. In residential air purifiers market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rapid urbanization, rising consumer desire for high-quality lifestyles, and growing investments by major players of the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the residential air purifiers market by type ( portable /stand alone air purifiers, and in-duct air purifiers), technology (high efficiency particulate air, activated carbon, ionic filters, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to residential air purifiers market or related to residential air purifiers companies, residential air purifiers market size, residential air purifiers market share, residential air purifiers market growth, residential air purifiers market research, write Lucintel analyst at email: [email protected] we will be glad to get back to you soon.
1. EXECUTIVE SUMMARY

2. GLOBAL RESIDENTIAL AIR PURIFIERS MARKET : MARKET DYNAMICS

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030

3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Residential Air Purifiers Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Residential Air Purifiers Market by Type
  3.3.1: Portable /Stand Alone Air Purifiers
  3.3.2: In-Duct Air Purifiers
3.4: Global Residential Air Purifiers Market by Technology
  3.4.1: High Efficiency Particulate Air (HEPA)
  3.4.2: Activated Carbon
  3.4.3: Ionic Filters
  3.4.4: Others

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030

4.1: Global Residential Air Purifiers Market by Region
4.2: North American Residential Air Purifiers Market
  4.2.1: North American Residential Air Purifiers Market by Type : Portable /Stand Alone Air Purifiers and In-Duct Air Purifiers
  4.2.2: North American Residential Air Purifiers Market by Technology: High Efficiency Particulate Air, Activated Carbon, Ionic Filters, and Others
4.3: European Residential Air Purifiers Market
  4.2.1: European Residential Air Purifiers Market by Type : Portable /Stand Alone Air Purifiers and In-Duct Air Purifiers
  4.2.2: European Residential Air Purifiers Market by Technology: High Efficiency Particulate Air, Activated Carbon, Ionic Filters, and Others
4.4: APAC Residential Air Purifiers Market
  4.4.1: APAC Residential Air Purifiers Market by Type : Portable /Stand Alone Air Purifiers and In-Duct Air Purifiers
  4.4.2: APAC Residential Air Purifiers Market by Technology: High Efficiency Particulate Air, Activated Carbon, Ionic Filters, and Others
4.5: ROW Residential Air Purifiers Market
  4.5.1: ROW Residential Air Purifiers Market byby Type : Portable /Stand Alone Air Purifiers and In-Duct Air Purifiers
  4.5.2: ROW Residential Air Purifiers Market by Technology: High Efficiency Particulate Air, Activated Carbon, Ionic Filters, and Others

5. COMPETITOR ANALYSIS

5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

6.1: Growth Opportunity Analysis
  6.1.1: Growth Opportunities for the Global Residential Air Purifiers Market by Type
  6.1.2: Growth Opportunities for the Global Residential Air Purifiers Market by Technology
  6.1.3: Growth Opportunities for the Global Residential Air Purifiers Market Region
6.2: Emerging Trends in the Global Residential Air Purifiers Market
6.3: Strategic Analysis
  6.3.1: New Product Development
  6.3.2: Capacity Expansion of the Global Residential Air Purifiers Market
  6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Residential Air Purifiers Market
  6.3.4: Certification and Licensing
7.1: Daikin Industries
7.2: Sharp Corporation
7.3: Honeywell International
7.4: Samsung Electronics
7.5: LG Electronics


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