The total revenue generated by the residential air purifiers market was USD 4,225 million in 2022, and it will grow at a rate of 7.10% by the end of this decade, to touch USD 7,313 million by 2030.
The fast development of the industry is because of the increasing interest of the public in smart homes, laws of the government for air quality monitoring and control, and increasing apprehensions associated with the health and environmental difficulties of pollution.
The influence of atmosphere pollution on public health and the reliable degradation of the environment have forced governments to propose firm procedures for air quality control and checking.
Countries for instance France, the U.S., China, Japan, India, Germany, and Canada have formulated different strategies and guidelines to screen the air and steadily survey its eminence in metropolitan regions.
The widespread R&D on environment upkeep have introduced a number of progressions in pollutant monitoring tech that provide instantaneous info on the release of greenhouse gases, PM, and other dangerous chemicals.
Diverse government administrations and air quality monitoring and purification system vendors are energetically involved in research activities for developing, implementing, and evaluating new air quality approaches and technologies.
The HEPA filter technology dominated the residential air purifiers market, of over 42%, in 2022, as stated by a market research institution, P&S Intelligence. This is as a result of the high performance and aptitude of HEPA filters to trap and eliminate airborne particles and improve the surrounding environment.
The technology was made by the U.S. to filter detrimental radioactive particles, as it even eliminates fine particles of 0.3 microns in size. It is extremely effective in trapping and filtering aerial particles, for example, dust, smoke, and microbes, for example, Aspergillus niger, Staphylococcus epidermidis, Bacillus subtilis, and Penicillium citrinum.
The portable/standalone category led the industry, with 67% share, in 2022. Owing to the easy upkeep and accessibility of these alternatives for homes, because of their transportability, they are extensively used to ease poor quality of indoor air.
In today’s world, their acceptance is driven by the increasing occurrence of airborne diseases, for example COPD, asthma, and even lung cancer. Supplementary features, for example numerous filtration layers and smart sensors connected to a mobile app through the internet, bid a higher suitability for interior or household purposes.
As a result of the rapid development in APAC, particularly China and India, which is leading to the increasing level of pollution, the fastest growth, of 7.9%, will be in the region. Moreover, it has a number of market players, resulting in the easy availability of these components of the HVAC.
It is because of the growing awareness of breathing clean air, the demand for residential air purifiers will continue to grow in the years to come.