PUBLISHER: Value Market Research | PRODUCT CODE: 1547321
PUBLISHER: Value Market Research | PRODUCT CODE: 1547321
The global demand for UV Air Purifiers Market is presumed to reach the market size of nearly USD 4.53 Billion by 2032 from USD 1.91 Billion in 2023 with a CAGR of 10.06% under the study period 2024-2032.
As the name suggests, UV air purifiers use short-wave ultraviolet light for air purification. It is designed to inactivate airborne pathogens and microorganisms like mold, bacteria, and viruses. It works by forcing air through the device and passing UV lamps, directly attempting to disinfect the air by germicidal irradiation. The use of UV lamps potentially alters the DNA of microorganisms and inactivate or destroys them. UV air purifiers can be installed in a variety of ways and to varying degrees of success. Presently, it is sold as stand-alone, freestanding devices or as systems installed into pre-existing residential or commercial HVAC units.
Rapid urbanization, growing indoor air pollution, and the growing popularity of smart homes are vital factors steering demand for UV air purifiers. Favorable government regulations for effective air pollution monitoring and control and rising public awareness pertaining to the healthcare implications of air pollution are other factors propelling the market growth. Emerging Asia markets, technological advancements, and new product innovations in UV air purifiers are creating new market opportunities. UV air purifiers are most effective at destroying viruses and other microbes. It has been touted as being able to kill 99.9% of viruses. The COVID-19 pandemic has positively affected sales of UV air purifiers due to increased awareness of the importance of clean air. However, high product costs and safety concerns about ozone generation may hamper the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of UV Air Purifiers. The growth and trends of UV Air Purifiers industry provide a holistic approach to this study.
This section of the UV Air Purifiers market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the UV Air Purifiers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the UV Air Purifiers market include Alcochem Hygiene, Eureka Forbes, Resideo Technologies Inc., LG Corporation, Vystar Corporation, Guardian Technologies, ACCO Brands Corporation, Airthereal, Air Oasis LLC, Homedics, Other Key Players. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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