AC Air Purifier Market - By Type, By Technology, By Room Coverage Range {Small space },By Price Range, By End User, By Distribution Channel, Forecast 2024

Description

Global AC Air Purifier Market will achieve a 7.5% CAGR between 2024 and 2032, driven by innovations in filtration technology and increasing disposable income. Advances such as high-efficiency filters and smart air purification systems enhance performance and appeal to consumers seeking superior air quality. As disposable income rises, consumers are more willing to invest in advanced air purifiers that offer better health benefits and improved features. This combination of cutting-edge technology and greater purchasing power fuels market growth, meeting the increasing demand for effective and premium air purification solutions.

For instance, in August 2023, Camfil introduced the CamCarb XG molecular filter, featuring high efficiency, low airflow resistance, and a long lifespan, offering a low total cost of ownership. This new HVAC air filter is a significant advancement in molecular contamination control. Such innovations address the growing consumer demand for effective air purification solutions that offer both superior air quality and cost-efficiency. The development underscores the trend toward advanced filtration technologies, likely driving market growth by setting new standards for performance and affordability in air purification systems.

The AC air purifier industry is fragmented based on type, technology, room coverage range, price range, end user, distribution channel, and region.

The activated carbon filters segment will see a considerable surge by 2032, attributed to their superior ability to adsorb volatile organic compounds (VOCs), odors, and harmful gases. These filters offer effective removal of pollutants, improving indoor air quality significantly. Their widespread adoption is driven by increasing consumer awareness of air quality and the demand for comprehensive air purification solutions. Activated carbon filters' efficiency in enhancing air purity and their integration into various air purifiers contribute to their leading market position.

The offline channel segment will garner remarkable gains by 2032 due to its extensive reach and established customer trust. Consumers often prefer to purchase air purifiers from physical stores where they can examine the product, receive expert advice, and benefit from immediate availability. The presence of numerous retail outlets and dedicated appliance stores further supports the growth of offline channels. Also, offline channels offer after-sales support and easy returns, enhancing consumer confidence and driving market dominance.

Europe AC air purifier market will secure a moderate CAGR through 2032, owing to its stringent air quality regulations, high consumer awareness, and strong demand for advanced air filtration solutions. The region's emphasis on maintaining healthy indoor environments and addressing rising pollution levels drives substantial adoption of air purifiers. Furthermore, increased disposable income and a growing focus on smart home technology contribute to the market's growth. Europe's proactive stance on air quality management will position it as a pivotal contributor to the AC air purifier industry outlook.

Product Code: 9972

Chapter 1 Methodology & Scope

1.1 Market scope & definitions
1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
1.3 Base estimates & calculations
- 1.3.1 Base year calculation
- 1.3.2 Key trends for market estimation
1.4 Forecast model
1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.5.2 Data mining sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis.
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.1.7 Retailers
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Rising concerns about respiratory health, allergies, and airborne illnesses
  - 3.2.1.2 Increasing disposable income
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 Presence of alternative solutions
  - 3.2.2.2 Fluctuation in raw material prices
3.3 Growth potential analysis
3.4 Consumer buying behavior analysis
3.5 Technological overview
3.6 Porter's analysis
3.7 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Type (USD Million) (Thousand Units)

5.1 Key trends
5.2 Portable air purifier
5.3 Fixed air purifier

Chapter 6 Market Estimates & Forecast, By Technology (USD Million) (Thousand Units)

6.1 Key trends
6.2 HEPA filters
6.3 Activated carbon filters
6.4 Ionic filters
6.5 UV filters
6.6 Others

Chapter 7 Market Estimates & Forecast, By Room Coverage Area (USD Million) (Thousand Units)

7.1 Key trends
7.2 Small space (Under 500 sq.ft)
7.3 Medium space (500 - 1000 sq.ft)
7.4 Large space (1000 - 1500 sq.ft)
7.5 Extra Large (Above 1500 sq.ft)

Chapter 8 Market Estimates & Forecast, By Price (USD Million) (Thousand Units)

8.1 Key trends
8.2 Low
8.3 Medium
8.4 High

Chapter 9 Market Estimates & Forecast, By End User (USD Million) (Thousand Units)

9.1 Key Trends
9.2 Residential
9.3 Commercial
- 9.3.1 Corporate
- 9.3.2 HoReCa
- 9.3.3 Institution
- 9.3.4 Healthcare
- 9.3.5 Retail
- 9.3.6 Others

Chapter 10 Market Estimates & Forecast, By Distribution Chanel (USD Million) (Thousand Units)

10.1 Key Trends
10.2 Online
- 10.2.1 E-Commerce site
- 10.2.2 Company website
10.3 Offline
- 10.3.1 Specialty stores
- 10.3.2 Individual stores
- 10.3.3 Others

Chapter 11 Market Estimates & Forecast, By Region (USD Million) (Thousand Units)

11.1 Key trends
11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
11.3 Europe
- 11.3.1 Germany
- 11.3.2 UK
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Rest of Europe
11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 South Korea
- 11.4.5 Australia
- 11.4.6 Rest of Asia Pacific
11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Rest of Latin America
11.6 MEA
- 11.6.1 Saudi Arabia
- 11.6.2 UAE
- 11.6.3 South Africa
- 11.6.4 Rest of MEA

Chapter 12 Company Profiles

12.1 Bosch
12.2 Carrier Group
12.3 Daikin Industries Inc.
12.4 Danfoss
12.5 GREE Electric Appliances, Inc.
12.6 Haier Group
12.7 Hisense AC Air Purifier Equipment Co., Ltd.
12.8 Johnson Controls Plc
12.9 Lennox International
12.10 LG Electronics
12.11 Midea Group
12.12 Mitsubishi Electric Group
12.13 Panasonic Corporation
12.14 Rheem Manufacturing Company
12.15 Trane Technologies

AC Air Purifier Market - By Type, By Technology, By Room Coverage Range {Small space },By Price Range, By End User, By Distribution Channel, Forecast 2024 - 2032