According to Technavio’s latest market research study, the global smart air purifier market is expected to grow at a CAGR of more than 14% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global smart air purifier 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.
Technavio research analysts categorize the market based on the product type
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The top three revenue contributing product segments are discussed below
Global smart air purifier market by dust collectors: Growing awareness about the ill effects of airborne dust on health is encouraging is propelling the adoption of dust collector type smart air purifiers in homes and commercial spaces. According to industry analysts at Technavio, the global smart air purifier market by dust collectors are expected to account for almost USD 72 million in revenue by 2021.
“Regions with significantly high levels of air pollution account for a majority of the demand for dust collector type air purifiers. China, Brazil, and India, which are highly affected by indoor air pollution, are some of the key revenue contributing countries in the global smart air purifier market by dust collectors at present,” says Poonam Saini, a lead analyst at Technavio for research on retail goods and services.
Global smart air purifier market by fume and smoke collectors: The demand for fume and smoke collectors is driven primarily by the increased need to reduce household smoke in developed countries such as Germany, the UK, France, the US, Australia, and Japan, where the number of cigarette smokers is high. For instance, tobacco is the single largest preventable cause of death in the US. In addition, developing countries in Asia-Pacific (APAC) such as China and India are observing an increase in household air pollution due to the excessive smoke generation through cooking using solid fuels such as coal, wood, charcoal, dung, and crop wastes, thereby contributing to the demand for smoke collector type smart air purifiers.
Global other smart air purifier market: Other types of smart air purifiers include bacteria-removing smart air purifiers, pollen-removing smart air purifiers, and virus-removing smart air purifiers. The rising need to remove fine airborne particles and germs from every corner of commercial spaces, offices, and homes including the living room, bedroom, kitchen, and bathroom is the fundamental driving force behind the demand for other types of smart air purifiers in the global market.
The top vendors operating in the global smart air purifiers market are:
- Coway
- Honeywell International
- Koninklijke Philips
- Sunbeam Products
- Unilever
- Xiaomi
Other prominent vendors in the market include Airmega, Dyson, Guardian Technologies, HeavenFresh, and Winix.
A more detailed analysis is available in the Technavio report titled, ‘Global Smart Air Purifier Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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