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India Air Purifier Market to Increase at a CAGR of 34.6% During the Forecast Period of 2022-2027, Driven by the Rising Adoption of Advanced Digital Technology like IoT and AI

According to a new report by EMR titled, ‘India Air Purifier Market Report and Forecast 2022-2027’, India air purifier market attained a value of about USD 100.41 million in 2021. The market is further expected to grow at a CAGR of 34.6% during the forecast period of 2022-2027 to reach nearly USD 597.11 million by 2027.

The Indian air purifier market is anticipated to be driven by the proliferation of digital technologies including the Internet of Things (IoT) and Artificial Intelligence (AI). Furthermore, owing to the strong market penetration of smartphones and wireless internet connectivity like cellular or Wi-Fi, the rising adoption of smart home infrastructure is invigorating the market's growth. Smart air purifiers are equipped with the Internet of Things (IoT) and can be accessed remotely via smartphone applications, offering a great level of convenience through remote access. In addition, AI-enabled features provide real-time air quality analysis and automatically adjust the settings according to prevalent conditions. These factors are hence giving impetus to the market growth. Furthermore, the development of compact-sized and portable air purifiers provides momentum to the market growth. Therefore, these are some of the factors collectively pushing the market's growth.

In August 2021, Signify, a significant player in the Indian market for air purifiers, recently launched its EchoLink Air Purifier with UV-C technology in India. The air purifier is engineered to purify and disinfect air simultaneously and is equipped with HEPA filters and UV-C technology that aids in inactivating airborne pathogens, including the SARS-CoV-2 virus. Such developments by leading industry players are pushing the market's growth in an upward direction. In addition, the market is being further driven by the expansion strategies employed by leading market players such as Blue Star Limited (NSE: BLUESTARCO).

Market Analysis by Mounting Type, Technology, Application, and Region:

  • The market can be categorised into fixed and portable based on mounting type.
  • The industry, based on technology, can be segmented into high-efficiency particulate air (HEPA), activated carbon, and ionic filters, among others.
  • Based on application, the market can be categorised into commercial, residential, and industrial.
  • The regional markets for air purifiers in India include North India, South India, East India, and West India.

Key Findings of the Report:

  • The worsening air quality is driving the market in several states and union territories like Delhi, Punjab, and Haryana, among others, owing to stubble burning and harsh winters, making air purifiers necessary.
  • The surging demand for air purifiers can be associated with the increasing prevalence of airborne diseases and breathing problems like asthma and bronchitis, among others.
  • The innovations in air purification technology, such as the inclusion of HEPA filters and advanced UV technology, have been pushing the market's growth.
  • Rising disposable incomes and changing lifestyles are additional factors augmenting the market's growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the air purifier industry in India for the periods (2017-2021) and (2022-2027).
  • The report also offers historical (2017-2021) and forecast (2022-2027) markets for mounting types, technologies, applications, and regions of air purifiers.
  • The report analyses market dynamics, covering the key demand and price indicators in the market along with an assessment of the SWOT and Porter’s Five Forces Model.

The major players in the Indian air purifier market are Dyson Technology India Pvt Ltd, Blue Star Limited., Radic8 Pte Ltd., Daikin Airconditioning India Pvt. Ltd., and Elofic Industries 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.

About Us:

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.

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*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.

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