Air Purifier Market Opportunities To Reach $24.62 Billion By 2027

Air Purifier Market Report Highlights

• The HEPA technology segment accounted for a revenue share of 40.0% in 2019 on account of the high reliability of HEPA filters in removing airborne particles, which is likely to boost their penetration in the global market
• The residential application segment is anticipated to witness significant growth in the forecast period owing to the rising awareness about the risk of smoke particles, VOCs, and other particulate matter to human health
• The market in Europe accounted for a revenue share of 21.3% in 2019 on account of the booming automotive market, favorable industrial policies, and economic development in the region
• The market in Mexico is likely to expand at a CAGR of 13.4% from 2020 to 2027 on account of the rising installation of comprehensive ambient air quality monitoring systems and emissions inventory and organization of air quality management programs
• In October 2019, Molekule, a U.S.-based manufacturer offering air purification solutions, launched its new product, Molekule Air Mini. It is a home air purification device that is ideal for smaller spaces.

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Air Purifier Market Segmentation

Grand View Research has segmented the global air purifier market on the basis of technology, application, and region:

Air Purifier Technology Outlook (Revenue, USD Million, 2016–2027)

• High-efficiency Particulate Air (HEPA)
• Activated Carbon
• Ionic Filters
• Others

Air Purifier Application Outlook (Revenue, USD Million, 2016–2027)

• Commercial
• Residential
• Industrial

Air Purifier Regional Outlook (Revenue, USD Million, 2016–2027)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

List of Key Players of Air Purifier Market

• IQAir
• Honeywell International, Inc.
• Unilever PLC (Blueair)
• Koninklijke Philips N.V.
• Whirlpool Corporation
• LG Electronics
• Panasonic Corporation
• Daikin Industries, Ltd.
• Aerus LLC
• Hamilton Beach Brands, Inc.
• Camfil
• Carrier
• Trotec GmbH
• EcoQuest
• LIFA air