According to the latest market research study released by Technavio, the global residential air purifier market is expected to grow at a CAGR of around 6% during the forecast period 2016-2020.
This market research report by Technavio provides an in-depth analysis of the market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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Technavio research analysts categorize the global residential air purifier market based on product type:
Global residential air purifier market shares by technology 2015
|
HEPA |
79.56% |
|
Electrostatic precipitators |
8.03% |
|
Ionizers and ozone generators |
6.57% |
|
Others |
5.84% |
Source: Technavio
The top three revenue contributing technology segments are discussed below:
Global residential air purifier market by HEPA technology
In 2015, HEPA technology occupied the highest share of around 80% in the global residential air purifier market and is the main controller of the market. Close to four-fifth of the contribution toward the global residential air purifier market comes from the HEPA technology. HEPA is a technology used for air filtration. HEPA filters that are meeting the HEPA standard have applications across industries, including use in aircraft, medical facilities, automobiles, and homes. HEPA filters must satisfy certain standards of efficiency such as those set by the US Department of Energy (DOE).
“Use of HEPA filters in air purifiers can easily trap air pollutants inside home and may help bring allergy relief. Air purifiers with HEPA filter can remove most airborne particles as well as pollutants that might make allergies worse. However, the particles suspended in air are not the only ones inside the home. There are far more in bedding, rugs, and drapes, and resting on table-tops and countertops which requires to get rid of,” says Arushi Thakur, a lead analyst at Technavio for research on general retail goods and services.
Global residential air purifier market by electrostatic precipitators
The global market has been observing an increase in sales traction for air purifiers with electrostatic precipitators, which is mainly driven by the larger capacity and efficient purification technique powered by the electrostatic precipitation technology. Consumers in the developed markets such as Germany, the US, Japan, the UK, and France look for air treatment products that are more effective and efficient. The amount of air that can be cleaned at a time is larger for electrostatic precipitation filtration technology compared to the other filtration technologies. Moreover, this filtration technique works faster than other techniques as well. The use of electrostatic precipitators, devices that remove suspended dust particles from gas, exhaust, or air by applying an electrostatic charge with high voltage, and collect these particles on charged plates, will help the global market to grow faster during the forecast period.
Global residential air purifier market by ionizers and ozone generators
A relatively small contribution comes from this category of residential air purifiers because of the lower capacity and capability of air carriage and purification at a time and comparatively poor efficiency of the filtration technology. However, the increasing demand for air purifiers of small and portable sizes and to be used in small places inside home, such as kitchens, study rooms, and store rooms, will drive the sales of the segment during the forecast period. Children and adults who breathe high levels of ozone for a short period can experience eye, nose, and throat irritation, chest pain, shortness of breath, and coughing.
The top leading vendors operating in the global residential air purifier market are:
- 3M
- Daikin Industries
- Honeywell
- Philips
- Sharp
Other prominent vendors in the market include Airgle, Alen, AllerAir Industries, Austin Air, Blueair, EcoQuest International, Fellowes, Guardian Technologies, Hamilton Beach Brands, Homeimage, Hoover, IQAir, O-Ion Technologies, Oreck, Rabbit Air, Sunbeam Products, Whirlpool, and Winix.
A more detailed analysis is available in the Technavio report titled, ‘Global Residential Air Purifier Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Ozone Generation Technology Market 2016-2020
- Residential Air Purifiers Market in China 2015-2019
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