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The global market for smart air purifiers is expected to increase at a CAGR of 11.1% between 2023 and 2030, from its 2023 valuation of $6.25 billion to its 2030 valuation of $17.9 billion.
Smart clear purifiers are cutting-edge products in the air purification market that use cutting-edge technology to enhance indoor air quality. Connectivity features, sensors, and integration with smartphones allow consumers to remotely monitor and manage smart air purifiers with the help of smartphone apps, voice assistants, or other smart home devices. These devices also make effective use of state-of-the-art filtering methods, such as high efficiency particle air filters, activated carbon filters, and occasionally supplementary features like UV germicidal irradiation or ionization.
Several reasons have contributed to the recent boom in sales of smart air purifiers. Smart air purifiers have becoming increasingly popular as people learn more about the dangers of indoor air pollution. Consumers are on the lookout for cutting-edge technologies that can effectively clean the air they breathe and monitor its quality in real time. The addition of Wi-Fi connectivity, voice control, and app compatibility has made these gadgets even more desirable. Smart air purifiers are projected to see a huge uptick in sales as the health and wellness industry continues to boom.
The smart air purifiers market is ripe with potential, but it's not without its share of obstacles. There are a lot of businesses now competing for a smaller slice of the market. In today's oversaturated market, it might be difficult to stand out from the competition and build brand loyalty. Customers' faith and loyalty must be earned by meeting or exceeding their expectations for product quality, reliability, and marketing efforts.
Air purifiers are useful for getting rid of a wide variety of pollutants from the air, including dust, dust mites, mold, pet dander, smoking, exhaust, kitchen smoke, and gaseous pollutants. With the use of a smartphone app, you can keep tabs on the air quality in your home and make adjustments as needed, all in real time. The gadget also aids in keeping tabs on indoor air quality over time, letting buyers know when it's at its finest or worst. Smart air filtration and purifier devices are expected to see increased usage as air quality continues to deteriorate due to rising smoking, pollution, and PM2.5 levels.
Nine out of ten individuals are exposed to unhealthy amounts of pollution in the air, says the World Health Organization (WHO). Indoor air pollution is blamed for the deaths of 3.8 million people annually, out of a total of 7 million premature deaths caused by air pollution. The smart air purifiers market is expected to grow at a double-digit CAGR over the next several years on the back of deteriorating air quality in many regions and growing awareness of the benefits of utilizing air purifiers.
As a result of rising disposable income in emerging markets like Brazil, South Africa, China, and India. For instance, the Chinese National Bureau of Statistics (CNBS) released a study on the Chinese economy in February 2020. The analysis found that between 2021 and 2022, real disposable income per person rose by 5.0%. A further aspect expected to contribute to the future expansion of the market for smart air purifiers is the predicted rise in health-related expenditures as a result of this gain in disposable income.
However, the electrical chips, motors, fans, and filters that make up smart air purifiers rely on copper, plastic, and carbon fiber as raw materials from the building and manufacturing industries. Consistent price swings in raw materials have a major effect on business profits. For instance, between 2020 and 2021, the price of copper grew by 7.43%, as reported by the Chicago Mercantile Exchange (CME). As a result, a surge in copper prices could push up the prices of other electrical components like transistors, integrated chips, and resistors, slowing the expansion of the smart air purifier industry.
In addition, rivals in the smart air purifier industry are adopting progressive technologies like nanotechnology and AI to get an edge in the market. In November of 2022, for instance, Samsung, a South Korean electronics firm, released in India its latest range of loT-enabled air purifiers. The Samsung AX46 and AX32 air purifiers, available in Beige and Grey, will be sold only on Samsung.com and in Samsung-exclusive retail locations. The new AX46 and AX32 air purifiers are effective against 99.97% of germs, allergies, ultrafine dust, and nanoparticles. Samsung's most up-to-date air purifiers are effective against formaldehyde and other VOCs. The smart air purifiers market stands to benefit greatly from innovations of this nature over the forecast timeline.
Report Coverage
Global Smart Air Purifiers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Smart Air Purifiers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Smart Air Purifiers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Smart Air Purifiers market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Smart Air Purifiers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Smart Air Purifiers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Dyson Technology Limited, Koninklijke Philips N.V, Coway Co. Ltd., Winix Inc, Levoit, Unilever PLC, Honeywell International Inc, Sharp Corporation, Xiaomi Corporation, LG Electronics Inc.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Smart Air Purifiers market based on the below-mentioned segments:
Global Smart Air Purifiers Market, By Product Type
Dust Collectors
Fume and Smoke Collectors
Others
Global Smart Air Purifiers market, By Technique
High-efficiency Particulate Air (HEPA)
Thermodynamic Sterilization System (TSS)
Ultraviolet Germicidal Irradiation
Ionizer Purifiers
Activated Carbon Filtration
Others
Global Smart Air Purifiers Market, By End User
Residential
Commercial
Others
Global Smart Air Purifiers market, Regional Analysis
Smart clear purifiers are cutting-edge products in the air purification market that use cutting-edge technology to enhance indoor air quality. Connectivity features, sensors, and integration with smartphones allow consumers to remotely monitor and manage smart air purifiers with the help of smartphone apps, voice assistants, or other smart home devices. These devices also make effective use of state-of-the-art filtering methods, such as high efficiency particle air filters, activated carbon filters, and occasionally supplementary features like UV germicidal irradiation or ionization.
Several reasons have contributed to the recent boom in sales of smart air purifiers. Smart air purifiers have becoming increasingly popular as people learn more about the dangers of indoor air pollution. Consumers are on the lookout for cutting-edge technologies that can effectively clean the air they breathe and monitor its quality in real time. The addition of Wi-Fi connectivity, voice control, and app compatibility has made these gadgets even more desirable. Smart air purifiers are projected to see a huge uptick in sales as the health and wellness industry continues to boom.
The smart air purifiers market is ripe with potential, but it's not without its share of obstacles. There are a lot of businesses now competing for a smaller slice of the market. In today's oversaturated market, it might be difficult to stand out from the competition and build brand loyalty. Customers' faith and loyalty must be earned by meeting or exceeding their expectations for product quality, reliability, and marketing efforts.
Air purifiers are useful for getting rid of a wide variety of pollutants from the air, including dust, dust mites, mold, pet dander, smoking, exhaust, kitchen smoke, and gaseous pollutants. With the use of a smartphone app, you can keep tabs on the air quality in your home and make adjustments as needed, all in real time. The gadget also aids in keeping tabs on indoor air quality over time, letting buyers know when it's at its finest or worst. Smart air filtration and purifier devices are expected to see increased usage as air quality continues to deteriorate due to rising smoking, pollution, and PM2.5 levels.
Nine out of ten individuals are exposed to unhealthy amounts of pollution in the air, says the World Health Organization (WHO). Indoor air pollution is blamed for the deaths of 3.8 million people annually, out of a total of 7 million premature deaths caused by air pollution. The smart air purifiers market is expected to grow at a double-digit CAGR over the next several years on the back of deteriorating air quality in many regions and growing awareness of the benefits of utilizing air purifiers.
As a result of rising disposable income in emerging markets like Brazil, South Africa, China, and India. For instance, the Chinese National Bureau of Statistics (CNBS) released a study on the Chinese economy in February 2020. The analysis found that between 2021 and 2022, real disposable income per person rose by 5.0%. A further aspect expected to contribute to the future expansion of the market for smart air purifiers is the predicted rise in health-related expenditures as a result of this gain in disposable income.
However, the electrical chips, motors, fans, and filters that make up smart air purifiers rely on copper, plastic, and carbon fiber as raw materials from the building and manufacturing industries. Consistent price swings in raw materials have a major effect on business profits. For instance, between 2020 and 2021, the price of copper grew by 7.43%, as reported by the Chicago Mercantile Exchange (CME). As a result, a surge in copper prices could push up the prices of other electrical components like transistors, integrated chips, and resistors, slowing the expansion of the smart air purifier industry.
In addition, rivals in the smart air purifier industry are adopting progressive technologies like nanotechnology and AI to get an edge in the market. In November of 2022, for instance, Samsung, a South Korean electronics firm, released in India its latest range of loT-enabled air purifiers. The Samsung AX46 and AX32 air purifiers, available in Beige and Grey, will be sold only on Samsung.com and in Samsung-exclusive retail locations. The new AX46 and AX32 air purifiers are effective against 99.97% of germs, allergies, ultrafine dust, and nanoparticles. Samsung's most up-to-date air purifiers are effective against formaldehyde and other VOCs. The smart air purifiers market stands to benefit greatly from innovations of this nature over the forecast timeline.
Report Coverage
Global Smart Air Purifiers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Smart Air Purifiers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Smart Air Purifiers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Smart Air Purifiers market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Dyson Technology Limited, Koninklijke Philips N.V, Coway Co. Ltd., Winix Inc, Levoit, Unilever PLC, Honeywell International Inc, Sharp Corporation, Xiaomi Corporation, LG Electronics Inc. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Smart Air Purifiers Market from 2021 to 2030.
- Market Forecast for Smart Air Purifiers Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Smart Air Purifiers competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Smart Air Purifiers
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Smart Air Purifiers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Smart Air Purifiers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Dyson Technology Limited, Koninklijke Philips N.V, Coway Co. Ltd., Winix Inc, Levoit, Unilever PLC, Honeywell International Inc, Sharp Corporation, Xiaomi Corporation, LG Electronics Inc.
Primary Target Market
- Market Players of Smart Air Purifiers
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Smart Air Purifiers market based on the below-mentioned segments:
Global Smart Air Purifiers Market, By Product Type
Dust Collectors
Fume and Smoke Collectors
Others
Global Smart Air Purifiers market, By Technique
High-efficiency Particulate Air (HEPA)
Thermodynamic Sterilization System (TSS)
Ultraviolet Germicidal Irradiation
Ionizer Purifiers
Activated Carbon Filtration
Others
Global Smart Air Purifiers Market, By End User
Residential
Commercial
Others
Global Smart Air Purifiers market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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