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Smart Air Purifiers Market was valued at USD 5.5 billion in 2020, and is projected to reach USD 17.7 billion by 2032

Smart Air Purifiers Market was valued at USD 5.5 billion in 2020, and is projected to reach USD 17.7 billion by 2032

 

 
According to a new report published by Allied Market Research, titled "Smart Air Purifiers Market," the global smart air purifiers market was valued at $5.5 billion in 2020 and is projected to reach $17.7 billion by 2032, growing at a compound annual growth rate (CAGR) of 10.1% from 2023 to 2032.

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Smart air purifiers work by collecting air quality data through specialized monitoring sensors embedded in the units. These sensors detect changes in air quality and send alerts to users, allowing them to take necessary actions. Smartphone applications enable users to fine-tune air purification settings, making these devices more convenient and adaptable to individual needs.

The rising awareness of the harmful effects of pollution on human health has encouraged electronics manufacturers to introduce advanced air purifiers. As people become more technology-driven and their disposable incomes rise, especially in emerging economies, they are more willing to invest in high-end products such as smart air purifiers. Concerns regarding air pollution have grown significantly, with an increasing number of deaths linked to poor air quality. For example, the World Health Organization reported that air pollution contributed to approximately 15 million deaths worldwide in 2021. Due to rising awareness of the negative health effects of air pollution, the demand for smart air purifiers is expected to increase during the forecast period.

Moreover, the adoption of ionizer purifiers is rising due to their numerous advantages, including easy maintenance, effective removal of lint and germs, and prevention of airborne pollen. The integration of ionization technology in smart air purifiers makes them highly beneficial for individuals suffering from asthma and airborne allergies. With the increasing prevalence of respiratory issues, the demand for smart air purifiers equipped with ionizer technology is expected to grow significantly. Additionally, market players are focusing on acquisitions as a key strategy to strengthen their position in the industry and enhance product offerings.

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Smart air purifiers are widely used in residential and non-residential settings to maintain indoor air quality. However, these systems require continuous monitoring for optimal performance and often entail higher maintenance costs, adding to the overall investment required. Furthermore, many consumers remain unaware of the benefits and features of smart air purifiers due to a lack of knowledge about indoor air quality. These factors combined are expected to restrain the growth of the smart air purifiers market.

Despite these challenges, consumer awareness regarding the importance of maintaining clean indoor air is on the rise. Cleaner air helps regulate oxygen levels inside buildings while protecting occupants from outdoor pollutants such as wildfire smoke and smog, which can negatively impact the heart and lungs. This growing awareness is contributing to increased adoption of air purification systems, thereby driving the smart air purifiers market. Key players in the market are actively working on developing cost-effective and efficient smart air purifiers to gain a competitive edge, which is anticipated to boost market growth in the coming years.

North America is expected to be the highest revenue-generating region during the forecast period. The increasing demand for smart air purifiers in this region is largely attributed to a heightened awareness of the detrimental effects of air pollution on both the environment and human health. Consumers in North America are more inclined to invest in smart home technology, further supporting the growth of the smart air purifiers market in this region.

Full Report With TOC@ https://www.alliedmarketresearch.com/smart-air-purifiers-market

Key Findings of the Study

The report provides an extensive analysis of current and emerging trends, as well as market dynamics.

By product type, the dust collectors segment generated the highest revenue in 2022.

By technique, the high-efficiency particulate air (HEPA) segment recorded the largest market share in 2022.

By end-user, the residential segment dominated the smart air purifiers market in 2022.

Regionally, North America is projected to maintain its leading position throughout the forecast period.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the report


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