Global Residential Air Purifiers Market by Technology, Type & Region with COVID-19 Impact Analysis – Forecast to 2026 – ResearchAndMarkets.com – Yahoo Finance

DUBLIN, November 12, 2021–(BUSINESS WIRE)–The "Residential Air Purifiers Market by Technology (High Efficiency Particulate Air (HEPA), Electrostatic Precipitators, Activated Carbon, Ultraviolet), Type (Portable Air Purifiers, In-duct Air Purifiers), COVID-19 Impact – Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The global residential air purifiers market is expected to reach USD 14.1 billion in 2026 from USD 9.6 billion in 2021, at a CAGR of 8.1% during the forecast period.
The residential air purifiers are the most effective devices to improve indoor air quality and to reduce or remove the sources of pollutants and to ventilate with clean air. They offer the advantages of higher efficacy, usability, and improved air quality for healthy breathing.
Currently, with the surge in COVID-19 cases, there is an increased focus on personal health, coupled with the need to reduce the spread of infection. This is further expected to drive the market growth during the forecast period. However, the technical limitations pertaining to air quality monitoring products, along with their initial installation cost, are hindering the growth of this market to a certain extent.
Based on technology, the HEPA segment accounted for the largest share during the forecast period
Based on technology, the residential air purifiers market is segmented into HEPA filters (high-efficiency particulate arresting or high-efficiency particulate air) and other technologies. The HEPA segment accounted for the larger market share. The growing concern for environmental sustainability, increasing public awareness pertaining to the healthcare implications of air pollution, and the growing popularity of smart homes/ambient-assisted living has resulted in the increased adoption of the HEPA technology in the residential air purifiers market.
Based on type, the portable/stand-alone purifiers segment accounted for the largest share during the forecast period
Based on type, the residential air purifiers market is segmented into portable/stand-alone purifiers and in-duct purifiers. The portable/stand-alone purifiers accounted for the largest share of the residential air purifiers market in 2020. The large share of the portable/stand-alone purifiers segment can be attributed to the increasing public awareness pertaining to the healthcare implications of air pollution and the growing popularity of smart homes/ambient-assisted living.
Asia Pacific is expected to have the fastest growth in the residential air purifiers market during the forecast period
The Asia Pacific region is also expected to be the fastest-growing regional market at a CAGR during the forecast period. Factors such as the increasing investments by major players in the region, the presence of less stringent regulations for product approval, and growing demand for quality lifestyles are expected to drive the growth of this market during the forecast period.
Research Coverage
The report analyzes the residential air purifiers market and aims at estimating the market size and future growth potential of this market based on various segments such as technology, type, and region. The report also includes a product portfolio matrix of various residential air purifier products available in the market. The report also provides a competitive analysis of the key players in this market, along with their company profiles, product offerings, and key market strategies.
Key Players in the Residential Air Purifiers Market
The key players operating in the residential air purifiers market include Daikin Industries, Ltd. (Japan), Sharp Corporation (Japan), Honeywell International Inc. (US), Samsung Electronics Co., Ltd. (South Korea), LG Electronics Inc. (South Korea), Koninklijke Philips N.V. (Netherlands), Dyson (UK), Unilever Group (UK), Panasonic Corporation (Japan), Whirlpool Corporation (US), AllerAir Industries Inc. (US), IQAir (Switzerland), Winix Co., Ltd. (South Korea), Xiaomi Corporation (China), Camfil AB (Sweden), Airpura Industries Inc. (Canada), Airgle Corporation (US), Hunter Pure Air (US), Kent RO Systems Ltd. (India) and SHIL Limited (India).
This report provides insights into the following pointers:
Market Penetration: Comprehensive information on product portfolios offered by the top players in the global residential air purifiers market. The report analyzes this market by technology and type.
Product Enhancement/Innovation: Detailed insights on upcoming trends and product launches in the global residential air purifiers market
Market Development: Comprehensive information on the lucrative emerging markets by technology and type.
Market Diversification: Exhaustive information about new products or product enhancements, growing geographies, recent developments, and investments in the global residential air purifiers market
Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, competitive leadership mapping, and capabilities of leading players in the global residential air purifiers market.
Market Dynamics
Drivers
The Rising Prevalence of COVID-19
Increasing Urbanization and Indoor Air Pollution Levels
Supportive Government Regulations for Effective Air Pollution Monitoring & Control
Increasing Public Awareness Pertaining to the Healthcare Implications of Air Pollution
Restraints
High Product Costs
Technical Limitations Associated with Air Quality Monitoring Products
Opportunities
Emerging Markets to Offer High Growth Opportunities
Rising Technological Advancements
Challenges
Complex Nature of Indoor Pollutants
High R&D Expenses for New Product Launches
For more information about this report visit https://www.researchandmarkets.com/r/ja8qxc
View source version on businesswire.com: https://www.businesswire.com/news/home/20211112005508/en/
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
With its stock down 22% over the past three months, it is easy to disregard QinetiQ Group (LON:QQ.). But if you pay…
Readers hoping to buy Littelfuse, Inc. ( NASDAQ:LFUS ) for its dividend will need to make their move shortly, as the…
Potential EMX Royalty Corporation ( CVE:EMX ) shareholders may wish to note that the President, David Cole, recently…
Share prices of AT&T (NYSE: T) hit a 52-week low of $24.54 on Nov. 4 after the company delayed the rollout of its C-band spectrum, a component of its new 5G network, pending an aviation safety review. CEO John Stankey, who took over the top spot last year, is returning AT&T to its telco roots after his predecessor ventured into a number of expensive, entertainment-related acquisitions. A key reason to consider AT&T stock is its wireless business, which has experienced strong growth.
Yahoo Finance's Julie Hyman and Brian Sozzi detail J&J separating its consumer and medical businesses.
In this article, we discuss the 11 best beaten down stocks to buy today. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Beaten Down Stocks To Buy Today. Growth stocks have taken a beating in the past few days after the United States Labor Department released […]
Inflation is at a 31-year high. But these Mad Money megatrends could help you fight back.
Nearly a week since it reported estimate-crushing earnings for the fiscal third quarter of 2021, shares of rare earth metals miner MP Materials (NYSE: MP) are marching higher on Thursday, rising 9.1 % through 3:10 p.m. EDT. You can thank Jefferies & Co. for that. MP Materials may not be the lowest-cost miner of rare earth metals, admitted Jefferies this morning in a note covered by StreetInsider.com.
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks…
ContextLogic (NASDAQ: WISH), the parent company of the e-commerce company Wish, recently posted its third-quarter earnings report. It also announced that its founder and CEO Piotr Szulczewski would step down next February but remain on the company's board. When Wish went public last December, it served over 100 million monthly active users (MAUs) with its discount marketplace, which mainly enabled Chinese merchants to sell their products to overseas buyers.
Pinterest (NYSE: PINS) was a market darling for much of the pandemic, but the image-based search engine has suddenly fallen out of fashion. The company faces significant headwinds from the economic reopening, which has pushed its audience away from some of its core use cases, including cooking, gardening, and home decor. This shift is one reason the company is struggling with user growth.
Investors are constantly looking for stocks that will yield massive returns. That being said, finding these stocks can seem like an overwhelming task. Not to mention it can be expensive. Some of the most well-known names like Amazon and Alphabet can put you out thousands of dollars for just a single share. However, snapping up stocks with strong long-term growth prospects doesn’t have to cost you your entire savings. Using the TipRanks database, we were able to pinpoint two stocks with massive u
Elon Musk sells more Tesla shares after creating a Twitter poll asking users if he should sell 10% of his stake in the company. Yahoo Finance's Julie Hyman expains.
Experts are worried about this asset. But Suze still likes it.
The recent spin-off of its managed infrastructure business into a company called Kyndryl (NYSE: KD) removes a noncore business from its balance sheet. Also, management promised that the two companies would maintain the current combined dividend.
Advanced Micro Devices (NASDAQ: AMD) has usually played second fiddle to Nvidia (NASDAQ: NVDA) in the market for discrete graphics cards, but it looks like it could gain an upper hand over its bigger rival in this lucrative space one day. Nvidia controlled 83% of the discrete graphics processing unit (GPU) market in the second quarter of 2021, increasing its dominance to the detriment of AMD, which held the rest of the market.
Shares of Roblox (NYSE: RBLX) are up 26.6% this week, according to data from S&P Global Market Intelligence. On Nov. 8, Roblox announced its earnings for Q3, which ended in September. Bookings (Roblox's sales equivalent) were up 28% year over year to $637.8 million.
Algonquin Power & Utilities Corp. ("AQN") (TSX: AQN) (TSX: AQN.PR.A) (TSX: AQN.PR.D) (NYSE: AQN) announced today that the Board of Directors has declared the following common and preferred share dividends:
Nvidia stock has surged 47% in the past month alone. The company recently became the seventh most valuable U.S. company by market capitalization.
A look at the shareholders of Butterfly Network, Inc. ( NYSE:BFLY ) can tell us which group is most powerful. Large…

source