Global Indoor Air Purification Market - 2023-2030

Market Overview

The Global Indoor Air Purification Market size reached US$ 18.1 billion in 2022 and is expected to reach US$ 28.1 billion by 2030 growing with a CAGR of 7.1% during the forecast period 2023-2030.

Technological advancements and innovations have also played a crucial role in the market's expansion. Manufacturers are developing advanced air purification systems that utilize various technologies such as high-efficiency particulate air (HEPA) filters, activated carbon filters, ultraviolet (UV) germicidal irradiation, and ionization to effectively remove pollutants from indoor air. These technological advancements have improved the efficiency and effectiveness of air purification systems, driving their adoption.

Therefore, the global indoor air purification market is expected to continue its growth trajectory in the coming years, driven by increasing awareness about indoor air quality, regulatory compliance, technological advancements, changing consumer preferences and the need for healthier indoor environments. North America accounted for 1/4th of the global market share and is expected to capture approximately more than 1/3rd of the global indoor purification market by the end of 2030.

Market Dynamics

Increasing Health Concerns

Governments around the world have recognized the importance of maintaining good indoor air quality for public health. As a result, they have implemented regulations and guidelines to ensure safe indoor environments in various settings such as workplaces, schools, healthcare facilities, and public spaces. These regulations often require the use of air purification systems to remove pollutants and improve indoor air quality, thus driving market growth.

In many regions, people spend a significant amount of time indoors, which increases their exposure to pollutants and contaminants. This has led to a rise in respiratory problems and other health issues. In response, consumers are turning to air purification systems to improve indoor air quality and reduce the risk of health problems. In addition, the COVID-19 pandemic has further heightened concerns about indoor air quality and the spread of airborne pathogens. Air purification systems that include HEPA filters and UV-C technology have been shown to be effective in capturing and killing airborne viruses and bacteria, which has further driven demand for these systems.

Maintenance Requirements

Maintenance requirements can include tasks such as cleaning or replacing filters, monitoring the performance of the system and ensuring that the system is properly installed and ventilated. Some users may find these tasks time-consuming or may lack the technical knowledge or expertise required to properly maintain the system.

However, many manufacturers of air purification systems are developing user-friendly and low-maintenance products that require minimal upkeep. Some systems now incorporate automatic filter replacement notifications, self-cleaning features and other technology that helps to reduce the maintenance burden on the user.

Therefore, while maintenance requirements may be a potential restraint on the growth of the global indoor air purification market, manufacturers are taking steps to address this issue and make their products more convenient and user-friendly.

COVID-19 Impact Analysis

The pandemic has highlighted the need for effective measures to mitigate the spread of viruses in indoor environments. Air purification systems equipped with HEPA filters can capture small particles, including respiratory droplets that may contain viruses. This has led to growing adoption of air purifiers in various settings, such as healthcare facilities, schools, offices, and public spaces, to help reduce the potential transmission of COVID-19 and other respiratory infections.

The COVID-19 pandemic has spurred innovation and research in air purification technologies. Manufacturers have developed air purifiers with enhanced filtration capabilities, including specialized filters designed to capture viruses, bacteria, and other pathogens. Some systems also incorporate UV germicidal irradiation or ionization technologies to further disinfect the air. These advancements have resulted in more effective and efficient air purification solutions, meeting the specific needs arising from the pandemic.

Artificial Intelligence Impact Analysis

AI algorithms can optimize the energy consumption of air purification systems. By continuously monitoring air quality, occupancy patterns, and environmental conditions, AI can adjust the system's operation to maintain desired air quality levels while minimizing energy consumption. This dynamic control helps conserve energy, reduce operational costs, and improve overall sustainability.

Therefore, AI brings intelligent capabilities to indoor air purification systems, enabling real-time monitoring, automation, energy efficiency, data-driven insights, and personalized experiences. These benefits enhance the performance, effectiveness, and user experience of air purification systems, contributing to the growth and advancement of the global indoor air purification market.

Segment Analysis

The global indoor air purification market is segmented based on technology, application and region.

Due to Its High Efficiency and Wide Range of Applications, HEPA Technology Segment Contributes to the Growth of the Global Indoor Air Purification Market

HEPA filters are known for their exceptional efficiency in capturing airborne particles. These filters can remove up to 99.97% of particles as small as 0.3 microns, including dust, pollen, pet dander, mold spores, and other fine particulate matter. The ability to effectively trap such small particles makes HEPA technology highly desirable in indoor air purification systems, as it helps improve overall indoor air quality, which further drives the growth of the global indoor air purification market.

Additionally, activated carbon filters acquired nearly 1/3rd of the global segmental share and are considered as the second largest segment based on the technology segment.

Geographical Analysis

The Higher Level of Pollution in the Region Supplements the Growth of the Asia-Pacific Indoor Air Purification Market

The rising disposable income levels in the Asia-Pacific have enabled individuals to invest in products and technologies that can improve their living conditions, including indoor air quality. As people become more financially capable, they are willing to spend on indoor air purification solutions to create a healthier living environment, which has contributed to the growth of the market in the region.

Technological advancements in indoor air purification solutions, such as advanced filtration technologies, smart air purifiers, and UVGI systems, have made them more efficient, convenient, and user-friendly. These advancements have attracted consumers in the Asia-Pacific who are keen on adopting advanced technologies to address indoor air pollution, leading to increased demand and market growth. China is the dominant player in the region, holds more than 55.5% of the regional shares and is expected to grow at the highest CAGR during the forecasted period.

Competitive Landscape

The major global players include: Honeywell International Inc., IQAir North America, Inc., Sharp Corporation, Philips N.V., LG Electronics Inc., Daikin Industries, Ltd., Camfil Group, Whirlpool Corporation, Blueair AB and Carrier Corporation.

Why Purchase the Report?

• To visualize the global indoor air purification market segmentation based on technology, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of indoor air purification market level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global indoor air purification market report would provide approximately 53 tables, 50 figures and 192 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies