Global Air Purifier Market 2018-2024 Global Air Purifier Market Future Forecast 2018

Global Air Purifier Market Future Forecast 2018 – 2024 | Latest
Research Analysis by BlueWeave Consulting & Research Pvt Ltd.
Air pollution leads to about 6.5 million deaths each year, making it the world’s fourth-
largest threat to human health, according to a 2016 report by the International Energy
Agency. Emerging economies experience the highest levels of pollution, particularly cities in
India and China where growth in energy demand and pollution has gone hand-in-hand with
economic growth. According to a new market report published by BlueWeave Consulting,
the global air purifier market was valued at US$ 19,232 Mn in 2017 and is expected to
expand at a CAGR of above 32.4% from 2018 to 2024, reaching US$ 182,101.1 Mn by the
end of the forecast period. According to the report, North America was the largest
contributor in terms of revenue to the air purifier market in 2017.
Rise in air pollution level drives the market growth driving the air purifier market
across the globe
Air pollution is the emission of toxic elements into the atmosphere by natural or
anthropogenic sources. These sources can be further differentiated into either mobile or
stationary sources. Anthropogenic air pollution is often summarized as being mainly related
to motorize street traffic (especially exhaust gases and tire abrasion). The World Health
Organization (WHO) estimates 2.4 million fatalities due to air pollution every year. As intake
of polluted air can have severe health effects such as asthma, COPD, or increased
cardiovascular risks, most countries have strengthened laws to control the air quality and
mainly focus on emissions from automobiles. Air quality in vehicle cabins is usually found to
be worse than those typically found in homes or workplaces. Pollutants enter into the cabin
via the ventilation system, also known as the heating, ventilation and air conditioning
(HVAC) system. Studies have shown that vehicle cabins commonly show concentrations of
toxic gases such as carbon monoxide (CO), hydrocarbons (HC), volatile organic compounds
(VOC), and oxides of nitrogen (NOx) higher than safety limits set by Occupational Safety
and Health Administration (OSHA) and World Health Organization (WHO). Inhibition of all
these pollutants in the vehicle drives the growth of the air purifier market.
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Air Purifier Market: Scope of the Report
The global air purifier market can be segmented on the basis of Technology type, Product
type, Distribution Channel, End-user, and Region. Based on Technology type, the global air
purifier market is further classified into HEPA Technology (High-Efficiency Particulate Air),
Activated Carbon Technology, UV Technology, Negative Ion and Others. The HEPA
Technology contributed the largest revenue in 2017 and is estimated to grow further during
the forecast period. Based on Product type, the global air purifier market can be fragmented