Thursday 15 December 2016

Global Residential Air Purifier Market Increasing Demands to Grow at a CAGR of 6.05% By 2020

Air purifiers, also known as air cleaners, are devices that have the ability to absorb, decompose, or transform different air pollutants such as allergens, bacteria, decoration pollution PM2.5 (particulate matter having a size less than 2.5 microns), dust, formaldehyde, odors, pollen, and others. An air filter is a device used to purify the air of unwanted waste materials, such as dust and microbes. Most regular types of air filters usually consist of a sealant, filtering material, faceguard, frame, and a gasket.
Technavios analysts forecast the global residential air purifier market to grow at a CAGR of 6.05% during the period 2016-2020.
Covered in this report 
The report covers the present scenario and the growth prospects of the global residential air purifier market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail and direct-to-consumer (D2C) sales of residential air purifiers to individual customers (residential) globally.
The market is divided into the following segments based on geography: 
APAC
Europe
North America
ROW
Technavio's report, Global Residential Air Purifier Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors 
3M
Daikin Industries
Honeywell
Philips
Sharp
Other prominent vendors 
Airgle
Alen
AllerAir Industries
Austin Air
Blueair
EcoQuest International
Fellowes
Guardian Technologies
Hamilton Beach Brands
Homeimage
Hoover
IQAir
O-Ion Technologies
Oreck
Rabbit Air
Sunbeam Products
Whirlpool
Winix
Market driver 
Growing pollution level and increased concerns over indoor air quality
For a full, detailed list, view our report
Market challenge 
Decreasing profit margin and increasing R&D investments
For a full, detailed list, view our report
Market trend 
Growing demand for energy-efficient air purifiers
For a full, detailed list, view our report
Key questions answered in this report 
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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