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Residential Air Purifier Market in US Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Residential Air Purifier Market in US Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Published: Jun 2021 120 Pages SKU: IRTNTR41179

 Residential Air Purifier Market in the US - 2021-2025

The residential air purifier market size in the US is expected to reach a value of USD 632.39 million, at a CAGR of 5.94%, during 2021-2025. This research study helps in the deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as innovation and portfolio extension leading to product premiumization are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Residential Air Purifier Market in US Size

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Residential Air Purifier Market Segments in the US

Navigate through market segmentation by technology (HEPA, electrostatic precipitators, ionizers and ozone generators, and others), product (dust collectors, fume and smoke collectors, and others), and distribution channel (offline and online) in this residential air purifier market report of US to pursue growth opportunities.

Get actionable insights on the residential air purifier market segments in the US to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic residential air purifier market predictions in US on-demand changes for 2021-2025? You can buy the report now with one easy click.

Residential Air Purifier Market Vendors in the US and Competitive Analysis

The residential air purifier market in the US is fragmented and the vendors are deploying growth strategies such as enhancing brand value and R&D to gain a competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.

The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full residential air purifier market forecast report of US for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Residential Air Purifier Market in US Vendors

Residential Air Purifier Market Insights in the US by Technology

Residential Air Purifier Market in US Share by Technology

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The residential air purifier market share growth in the US by the HEPA segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the residential air purifier market size in the US.

From the residential air purifier market segmentation insights in the US, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentation will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Residential Air Purifier Market Drivers & Trends in the US

While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding residential air purifier market growth in the US is the increase in R&D investments and decrease in profit margin. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.

The innovation and portfolio extension leading to product premiumization will fuel the growth of the residential air purifier market size in the US during the forecast period. With the decline in the air quality of both indoor and outdoor environments, the demand for innovative and efficient air purification technology is high. The key market players are focusing on launching advanced air purifiers with improved product functions such as clear air delivery rate (CADR), air humidification/dehumidification, use of nanotechnology, high-energy efficiency, and reduced noise level. With growing health consciousness, consumers are willing to pay a premium price for innovative air purifiers that require limited maintenance. Such product innovations lead to price premiumization.

This residential air purifier market analysis report of US provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.

 

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Residential Air Purifier Market Report Outlook of US

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive residential air purifier market growth in the US during the next five years
  • Precise estimation of the residential air purifier market size in the US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of residential air purifier market vendors in US

Buy the Residential Air Purifier Market Report of US now to reimage your business strategies!

 

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Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Residential Air Purifier market growth will increase by 544.61 million during 2019-2024.

The Residential Air Purifier market is expected to grow at a CAGR of 5.47% during 2019-2024.

Residential Air Purifier market is segmented by Technology( HEPA, Electrostatic precipitators, Ionizers and ozone generators, Others) Product( Dust collectors, Fume and smoke collectors, Others) Distribution channel( Offline distribution channel, Online distribution channel)

Alen Corp., Austin Air Systems Ltd., Blueair AB, Dyson Ltd., Honeywell International Inc., Koninklijke Philips NV, Newell Brands Inc., Sharp Corp., Whirlpool Corp., Woongjin Coway Co. Ltd. are a few of the key vendors in the Residential Air Purifier market.

US will register the highest growth rate of 100% among the other regions. Therefore, the Residential Air Purifier market in US is expected to garner significant business opportunities for the vendors during the forecast period.

US

  • Innovation and portfolio extension leading to product premiumization is the driving factor this market.

The Residential Air Purifier market vendors should focus on grabbing business opportunities from the HEPA segment as it accounted for the largest market share in the base year.