Portland, Nov. 25, 2019 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global smart air purifiers market was estimated at $4.51 billion in 2017 and is expected to hit at $11.41 billion by 2025, garnering a CAGR of 12.2% from 2018 to 2025. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and changing market trends.
Increasing pollution levels in the urban sector and economic development coupled with growing awareness about purifiers propel the growth of the global smart air purifiers market. On the other hand, emission of ozone & other pollutants from smart air purifiers and high set-up costs, as well as periodic maintenance, hamper the growth to some extent. However, rising demand in emerging economies and huge investments in R&D are expected to create multiple opportunities for the key players in the market.
The dust collectors segment to remain lucrative through 2018–2025-
Based on product type, the dust collectors segment accounted for nearly two-thirds of the total market revenue in 2017 and is expected to dominate during the forecast period. The same segment is also expected to grow at the highest CAGR of 12.4% till 2025.
Download Sample Report: https://www.alliedmarketresearch.com/request-sample/4972
The HEPA segment garnered the major share in 2018-
Based on technique, the high-efficiency particulate air (HEPA) segment contributed to more than two-fifths of the total market share in 2017 and is anticipated to lead the trail throughout the study period. The same segment is also projected to cite the highest CAGR of 15.8% during the estimated period.
The Asia-Pacific segment to rule the roost-
Based on geography, the Asia-Pacific segment garnered more than one-third of the total share in 2017 and is projected to grow at the fastest CAGR of 14.4% throughout the study period. The report includes an analysis of the market across other regions such as North America, Europe, and LAMEA.
Key players in the industry-
The key market players analyzed in the global smart air purifiers market report include Koninklijke Philips, Xiaomi Corporation, Sharp Corporation, Blue air, Americair Corporation Coway, Honeywell International Inc., Sunbeam Products, Inc., Dyson Technology Limited, and Whirlpool Corporation.
Inquire for Purchase Report: https://www.alliedmarketresearch.com/purchase-enquiry/4972
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.
Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-446-1141 International: +1-503-894-6022 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 [email protected] Web: https://www.alliedmarketresearch.com Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research/