NEW YORK , Aug. 27, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape- The global air purifier market size is estimated to grow by USD 7.18 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 8.57% during the forecast period. Technological innovation and portfolio extension leading to product premiumization is driving market growth, with a trend towards introduction of smart, connected air purifiers.
However, presence of counterfeit products poses a challenge. Key market players include 3M Co., AllerAir Industries Inc.
, Americair Corp., AustinAir, Blue Star Ltd., Breville Group Ltd.
, Camfil AB, Daikin Industries Ltd., Dyson Group Co., Eureka Forbes Ltd.
, Hamilton Beach Brands Holding Co., Havells India Ltd., Honeywell International Inc.
, IQAir AG, Koninklijke Philips N.V., LG Electronics Inc.
, MIDEA Group Co. Ltd., Panasonic Holdings Corp.
, Samsung Electronics Co. Ltd., and Whirlpool Corp.
. Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report Market Driver The air purifier market is witnessing significant growth due to increasing demand for advanced and innovative air purifying solutions. Vendors are capitalizing on this trend by introducing smart air purifiers, which offer user-friendly features, energy savings, and enhanced safety.
These appliances come with Energy Star certification for energy efficiency, hassle-free maintenance, alert systems, an.