Lucintel Forecasts the Global Residential Air Purifiers Market to Reach $16 Billion by 2030
Lucintel Forecasts the Global Residential Air Purifiers Market to Reach $16 Billion by 2030
Blog Article
According to a market report by Lucintel, 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 $16 billion by 2030 from $11 billion in 2024 at 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 to understand trends, opportunity and forecast in global residential air purifiers market to 2030 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).
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.
Daikin Industries, Sharp Corporation, Honeywell International, Samsung Electronics, LG Electronics are the major suppliers in the residential air purifiers market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056