As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The rising health awareness among consumers regarding the ill-effects of air pollution and the high prevalence of novel air borne diseases during the coronavirus pandemic is leading the industry growth. The presence of harmful carcinogenic radon gas and asbestos particles, which can cause various lung diseases and cancer, is eliminated by an air purifier, consequently propelling the industry growth. Additionally, the surging demand for air purifiers after the reopening of schools, colleges, and offices, to combat the virus is further invigorating the market growth. Evolving lifestyle preference and rising consumer awareness regarding the benefits of air purifiers, especially among the young generation, is invigorating the market growth. The increasing commercial applications of air purifier in hotels, offices, hospitals, and educational institutions to remove allergens, airborne pathogens, smoke, and odours are also augmenting the market growth for air purifier.
The development of advanced products by major companies to provide better air quality is augmenting the market growth. LG Corporation (KRX: 066570), one of the leading players in the industry, introduced PuriCare™ Wearable Air Purifier in IFA in August 2020. The purifier employs the latest technology of H13 HEPA filters to supply fresh and clean air both indoor and outdoor. Its patented respiratory sensor detects the cycle and volume of the wearer’s breath and adjusts the dual three-speed fans accordingly. Furthermore, the purifier fits snugly on the user’s face, which can be worn comfortably for hours. It can also send a notification to the mobile app when the replacement of filters is required. Moreover, all the components of the product are made of recyclable materials. Such innovations are expected to aid the market growth.
Market Analysis by Mounting Type, Technology, Application, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global market for air purifier are Honeywell International, Inc., Camfil AB, Samsung Electronics Co., Ltd, Sharp Electronics Corporation, LG Corporation, and Blue Star Limited, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.