Portable Air Purifier Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029
Portable Air Purifier Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029
Report Digest
Global Portable Air Purifier Market: Overview
The need for congenial living has created humongous demand within the global portable air purifier market. Use of air purifiers is not restricted to a particular sector, and a range of industries have become ardent consumers of these devices. Several researchers consider deteriorating air quality as the primary reason for multiple infectious diseases. Moreover, ambient environments are a priority for the residential, commercial, and industrial sectors. The inclination of the masses towards resolving issues pertaining to the immediate environment have caused changes in the propensities and inclinations of the masses. In this scenario, it is safe to expect that the global air purifier market would grow along an ascending trajectory in the years to follow.
In this custom review, several trends pertaining to the growth of the global portable air purifiers market have been enunciated. The global portable air purifier market can be segmented on the basis of end-use industry, application, and region. In the contemporary times, the presence of a seamless industry for healthcare treatment and disease testing has aided market growth. The electronics industry has made ardent efforts to develop high-end portable air purifiers. Development of performance-oriented portable air purifiers is an outcome of sophistication within electronic manufacturing.
Global Portable Air Purifier Market: Notable Developments
Some of the key developments that have defined the direction of growth within the global portable air purifier market are:
- Honeywell has launched innovative air purifiers and related products in the electronic marketplace. Honeywell Air Touch HAC35M1101G Room Air Purifier is an important product on the market landscape. The innovative approach followed by Honeywell in positioning of its products has played to the advantage of the overall market.
- Several research studies conducted around coronavirus have brought portable air purifier under the spotlight of attention. Use of air purifiers with the intent to support building systems is believed to reduce transmission of impurities by 50%.
Some of the leading players operating in the global portable air purifier market are:
- Electrolux AB
- Dainik Industries
- GE Applications
- Honeywell International Inc.
Global Portable Air Purifier Market: Growth Drivers
- Need to Reduce Incidence of Infections
Availability of various sizes and grades of air purifiers has created fresh opportunities for market growth. A large population of people is allergic dust mites, bacteria, and other impure particles suspended in the surrounding. These population groups have emerged as important consumers of portable air purifiers. Furthermore, the medical industry has approved the use of air purifiers to ensure minimal harm from infectious particles suspended in the air. Research and development initiatives to develop high-power air purifiers, with premium features, are underway. This trend shall also help in driving sales across the global air purifier market.
- Advancements in Healthcare Research and Development
The rising incidence of asthma and other pulmonary diseases has created a myriad of opportunities within the global portable air purifier market. Furthermore, the presence of a seamless healthcare industry has also given a thrust to the growth of this market. Hospitals and healthcare centers have become ardent consumers of these devices. The need to maintain the highest level of congeniality and hygiene across these units is behind the adoption of the new technology. Moreover, several people prefer to carry their air purifiers while travelling to new regions. The use of portable air purifiers has garnered the attention of several people who suffer from pulmonary disorders.
The global portable air purifier market can be segmented by:
End-User
- Hospitals
- Houses
- Corporate Meeting Rooms
- Offices
- Others
The study presents a granular assessment and quantitative evaluation of:
- Key growth factors and prominent trends
- Size and share of key segments in overall market
- Key challenges and winning imperatives
- Factors shaping competitive landscape
- Insights into how contours of market will change in coming years
- Technological advances
- New avenues and imminent investment pockets
- Regulatory landscape shaping current and future strategies of companies
The region-wise assessment includes market dynamics in:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
- Which key factors will shape the competitive landscape?
- Which trends will stimulate research and development activities in different geographies?
- Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
- Which disruptions in market growth are likely to come with the new business models?
- Which are some of the recent overhauls in policies that may change the course of the market significantly?
- Which are the geographies that will form sizable sources of new streams to new and established players alike?
- How are top players likely to realign their strategy to counter the forces of competition?
- Which key strategies emerging players are likely to focus on to consolidate their position?
- Which changes in end-user preferences might affect the status quo held by the leading players?
- Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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