Air pollution is one of the most prevalent concerns, due to worsening environmental condition. According to Health Effect Institute, it accounts for 4.9 million to 8.8 million deaths worldwide each year. Furthermore, as most of our time is spent is indoors, indoor air pollution remains a serious concern to individuals, as well as regulatory agencies. Particles like PM 2.5 can enter indoors through a wide range of sources including car engines, fireplaces, and coal- or natural gas and the infiltration of ambient particulates in urban areas. Even in the absence of solid fuels, indoor ventilation can build up PM 2.5 particles to a greater extent than in outdoor environment. Growing demand for portable air purification filters, and systems in urban areas, increased advancements to catch key particulates like coronavirus, and increased regulatory measures to ensure safe environment for professionals in the industrial sector remain leading drivers of growth in the air purifier market.
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Air Purifier Systems Market: Competitive Analysis
The air purifier systems market is a competitive, innovative, and fragmented landscape. As new players continue to enter the relatively new technical field of manufacturing air purification, innovation remains key to growth in the air purifier market. The costs of technology remain a barrier to entry for new players, however, increasing demand and availability of funding for research from private sphere has lessened the impact. Key players in the air purifier market continue to focus on strategic expansion with collaborations, mergers, and acquisitions. Some key players in the global air purifier market are
Camfil AB, LG Corporation
Sharp Electronics Corporation
Honeywell International Inc.
Blueair
Kent RO systems Ltd.
Philips Ltd.
Samsung Electronics
Eureka Forbes
IQ Air
Panasonic Corp.
Daikin Industries Ltd.
The PM 2.5 is particle with diameter smaller than 2.5 micrometers. These particles are growing in the atmosphere due to increased natural disasters like wildfires, and remain the leading cause of smog prevalent in urban areas. The PM 2.5 particles are responsible for various negative health impacts including complications in pregnancy, worsening respiratory environment, and increased blood pressure. Studies suggest that portable air purifier systems reduce the penetration of PM 2.5 particles between 22.6% to 92% on average. These studies conducted between 2011-2018 periods prove definitely that portable systems are effective at creating a healthy environment indoors.
The growing regulatory measure has ensured consumers with advanced air purification systems, especially in developed countries like the US, among others. For example, HEPA or high efficiency particulate air filters are mandated to remove at least 99.97% of 0.3 microns sized airborne pollutants. Moreover, many air purifier manufacturers provide capability to capture particles that are far smaller in size, making capturing key particles like PM 2.5 a viable reality for consumers. Advanced filters from air purifier manufacturers come laden with indicators for PM 2.5 particles, assuring consumer of clean indoor air at all times. The influx of marketing campaigns mimicking HEPA regulations like 'HEPA-like, or 99% HEPA' pose a potential problem in reducing trustworthiness and credibility of air purifier systems.
However, growing advancements in air purification systems, best home air purifier today is capable of extraordinary efficiency; embed advanced methods like ionizing and UV technology. Furthermore, portable, and stationary varieties also make end-use immensely flexible. Additionally, one of the key earlier restraints of air purifier systems remained their limited application in a single area. However, regulations today rate air purification systems based on the area they cater to, helping distinguish their residential, automobile, commercial, and industrial application. Growing demand for purifying systems ...
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