Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Smart Air Purifiers Market Research Report 2-Globa
Smart Air Purifiers Market 2018
Smart Air Purifiers Market Share, Size, Trends, And Business Opportunity Analysis Report
2018 include historic data, with forecast data to 2023. Smart Air Purifiers Market report is
helpful for future strategy development, and to know about Market Drivers, Restraints,
Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023
Smart Air Purifier Market By Type (Dust Collectors, Fume & Smoke Collectors, & Others),
Technology (HEPA, Activated Carbon Filtration, and Others), Application (Residential,
Commercial, and Others), Sales Channel (OEM and Aftermarket) and Region.
Players Covered
Market participants of note such as Coway, Sunbeam Products Inc., Koninklijke Philips,
Whirlpool Corporation, Dyson Technology Limited, Xiaomi Corporation, Blue air, Americair
Corporation, Honeywell International Inc., and Sharp Corporation have been profiled
extensively in the report on the global superdisintegrants market.
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Market Snapshot
Advancements in technology along with growing air pollution problems have contributed to the
demand for air purification technology. The global smart air purifier market is anticipated to
grow at a CAGR of 11.41% during the review period from 2018 to 2023. Smart air purifiers take
the traditional technology to the next level as it allows increased participation from the
consumer in controlling the air quality. The global smart air purifier market generated a market
value of USD 4,410 Mn in 2017, and with the forecasted growth rate, the market is likely to
reach an evaluation of USD 8432.23 Mn by the end of 2023.
Ongoing economic development, particularly in emerging economies has resulted in increased
awareness regarding air purifiers. The development of smart air purifiers has received a lot of
attention and demand due to the increase in pollution in urban areas. The growth of
urbanization has increased air pollution levels, and decreasing air quality has also resulted in
increasing lung problems as well as allergies. As a result, consumers are increasingly investing in
smart air purifiers which help control and track air quality as well as remote control. High
demand is expected for the products of this market in the coming years. Emerging economies
represent the highest scope from growth.
However, it should be noted, that set up costs for smart air-purifiers are on the high side, and
they require consistent, periodic maintenance services, thus restraining market growth.