Residential Air Purification Equipment - Global Strategic Business Report

Report
200 Pages
March 2024
Region: Global
Global Industry Analysts, Inc
ID: 834994

The global market for Residential Air Purification Equipment is estimated at US$10 Billion in 2023 and is projected to reach US$15.9 Billion by 2030, growing at a CAGR of 5.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Stand-Alone Air Purification Equipment segment, which is expected to reach US$12.6 Billion by 2030 with a CAGR of 6.1%. The In-Duct Air Purification Equipment segment is also set to grow at 5.2% CAGR over the next 8 years.
Regional Analysis: Gain insights into the U.S. market, estimated at $2.8 Billion in 2023, and China, forecasted to grow at an impressive 8% CAGR to reach $3.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Residential Air Purification Equipment Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Residential Air Purification Equipment Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Residential Air Purification Equipment Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as Fujitsu Ltd., 3M Company, Daikin Industries Ltd., and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 125 Featured):

Fujitsu Ltd.
3M Company
Daikin Industries Ltd.
AB Electrolux
Eureka Forbes Ltd.
Carrier Corporation
Dyson Ltd.
Alen Corporation
Continental Fan Manufacturing, Inc.
De`Longhi Group
Fujitsu General Ltd.
Air Quality Engineering
Aprilaire
Fellowes Brands
Goodman Manufacturing Company, L.P.

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Residential Air Purification Equipment: A Prelude
History and Evolution of Air Purifiers
An Insight into Types of Air Purification Technologies
Technologies and their Efficiencies in Removing Air Borne Contaminants
Types of Air Filtration Technologies and their Advantages and Limitations
Types of Air Purifiers
Stand-Alone Purification Equipment
Induct Air Purification Equipment
Residential Air Purification Equipment: Addressing Indoor Air Quality Concerns
Causes of Indoor Air Pollution
Global Market Prospects & Outlook
Standalone Air Purification Equipment Market Leads Global Market
HEPA Filters to Fuel Revenue Growth
Developed Regions Lead, Developing Economies to Spearhead Future Growth
Competition
An Intensely Competitive Marketplace
Induct Air Purification Marketplace: Fragmented in Nature
Key Factors Influencing Purchases of Air Purifiers
Major Factors Responsible for Variation in Air Purifier Prices
Dispersion of Knowledge: An Important Competitive Variable
World Brands
Recent Market Activity
Residential Air Purification Equipment - Global Key Competitors Percentage Market Share in 2023 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Deteriorating Indoor Air Quality amid Rising Pollution Levels in Residential Buildings: The Fundamental Growth Driver
Major Indoor Pollutants: Brief Details of Pollutant, Source, and Impact on Health
Global Indoor Air Pollution Related Fatalities by Health Condition (In %) for 2023
Air Pollution Levels Worldwide: Average PM2.5 Concentration (in µg/m³) in Select Countries for 2023
Air Pollution Levels (PM10 ug/m3) for Major Countries Worldwide
Global Carbon Dioxide (CO2) Emissions (in Billion Metric Tons): 2010-2023
Countries with Highest Carbon Emissions Worldwide: Percentage Breakdown of Carbon Emissions by Country (in %) for 2023
With Climate Change and Wildfires Impacting Indoor Air Quality, Adoption of Air Purifiers Poised to Grow
Trend towards Home Automation and Smart Homes Boosts Demand for Smart Air Purifiers
Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
Smart Home Penetration Rate (%) by Region/Country: 2023
Select Smart Air Purifiers: A Review
Few Players Operate in Smart Air Purifiers Market
Alarming Rise in Incidence of Asthma and Allergies Spurs Demand for Air Purifiers
Rising Prevalence of Asthma in Children Bodes Well for Air Purifiers Market
HEPA Purifiers: Superior Attributes over Other Alternatives Drive Widespread Market Adoption
Aging Population Vulnerable to Air-borne Allergies and Health Risks to Fuel Air Purifier Market
Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
Usage of Residential Air Purifiers Tends to Soar During Summer Season
Technology Advancements to Boost Market Prospects
A Review of Potential Air Purifier System Innovations
Select Innovations in Air Purification Systems Market
Influx of New Products Boosts Smart Air Purifiers Market
Combination Technologies Offer Scope for Product Differentiation
Eliminating Odors and Smoke Remain Key to Product Success
Air Purifiers: A Must Have for Sufferers of Multiple Chemical Sensitivity Condition
Regulatory Standards Spruce Up Sales of Air Purification Equipment
Construction Activity Worldwide Signals Opportunities for Residential Air Purifiers Market
World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
E-Commerce Makes Rapid Inroads, Expands Growth Opportunities for Air Purifiers Market
Demographic and Economic Trends Influence Market Prospects
Ballooning Global Population
World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
Expanding Urban Population
World Urban Population in Thousands: 1950-2050P
Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
Middle Class Population
Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
Key Factors Restraining Market Growth

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Residential Air Purification Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 2: World Historic Review for Residential Air Purification Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 3: World 15-Year Perspective for Residential Air Purification Equipment by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2024 & 2030
Table 4: World Recent Past, Current & Future Analysis for Stand-Alone by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 5: World Historic Review for Stand-Alone by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 6: World 15-Year Perspective for Stand-Alone by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 7: World Recent Past, Current & Future Analysis for In-Duct by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 8: World Historic Review for In-Duct by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 9: World 15-Year Perspective for In-Duct by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 10: World Recent Past, Current & Future Analysis for High Efficiency Particulate Air (HEPA) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 11: World Historic Review for High Efficiency Particulate Air (HEPA) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 12: World 15-Year Perspective for High Efficiency Particulate Air (HEPA) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 13: World Recent Past, Current & Future Analysis for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 14: World Historic Review for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 15: World 15-Year Perspective for Other Technologies by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 16: World Recent Past, Current & Future Analysis for Dust Collectors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 17: World Historic Review for Dust Collectors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 18: World 15-Year Perspective for Dust Collectors by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 19: World Recent Past, Current & Future Analysis for Fume & Smoke Collectors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 20: World Historic Review for Fume & Smoke Collectors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 21: World 15-Year Perspective for Fume & Smoke Collectors by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 22: World Recent Past, Current & Future Analysis for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 23: World Historic Review for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 24: World 15-Year Perspective for Other Products by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 25: World Residential Air Purification Equipment Market Analysis of Annual Sales in US$ Thousand for Years 2015 through 2030

III. MARKET ANALYSIS

UNITED STATES

Residential Air Purification Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
Long-Term Prospects Remain Optimistic Amid Growing Concerns Over Deteriorating Indoor Air Quality
Major Factors Influencing Purchase of Residential Air Purifiers
US Air Purification Market: Percentage Share Breakdown of Unit Sales by Age Group
Surging Air Pollution Levels in the United States: Steps Taken by EPA
Top Polluted Cities in the United States by PM2.5 Level (in ug/m3)
US PM2.5 Air Quality, 2010-2019 (Concentration µg/m3)
Steps Taken by the EPA for Curbing Greenhouse Gas Emissions (GHGs)
EPA Measures for Curbing Air Pollutants
Protecting the Ozone Layer: The EPA Implements New Regulations for ODSs
Growing Awareness of Indoor Air Quality (IAQ) Drives Further Legislative Initiatives
Technologically Advanced HEPA Purifiers Gain Wider Traction
High Rate of Infectious Diseases Propel Demand for HEPA Purifiers
Popular Residential Air Purifier Brands in the US: Snapshot Profiles
Distribution Landscape
US Air Purification Market: Percentage Share Breakdown of Unit Sales by Channel for 2019

CANADA

Market Overview

JAPAN

Residential Air Purification Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
Japan: A Prominent Market
Vendors Focus on Delivering Improved Products

CHINA

Residential Air Purification Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
China Emerges as the Most Lucrative Market for Air Purification Equipment
Air Purifiers Market Evolves Rapidly after the 2013 Beijing Smog Incident
Newly Built World’s Biggest Air Purification Tower in Xian Illustrates China’s Focus on Air Quality
Stringent Regulatory Standards on Air Pollution Control Steer Growth
Few of the Most Polluted Cities in China
New GB/T 18801-2015 Standard to Reshape Manufacturing Ecosystem
Builders Focus on Advanced Air Purifiers to Improve Building Quality
Air Purifiers Gain Traction in Lung & Heart Disease Treatment Settings
Competitive Landscape
Chinese Air Purification Market Share Breakdown of Value Sales by Leading Players for 2019

EUROPE

Residential Air Purification Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
Market Overview
Weak Housing Construction Activity Curtails Momentum
Emphasis on Curbing Air Pollution Augurs Well for Long-Term Growth
Per Capita Emissions in Major European Countries by Air Pollutant: Ammonia, Nitrogen Oxides, and Non-Methane VOC Emissions (in Kilograms)
Total Emissions in Major European Countries by Air Pollutants: Ammonia, Nitrogen Oxide, Non-Methane VOC, and Sulphur Oxide Emissions (in Thousand Tons)

FRANCE

Residential Air Purification Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)

GERMANY

Residential Air Purification Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)

ITALY

UNITED KINGDOM

Residential Air Purification Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
Market Overview

SPAINRUSSIAREST OF EUROPE

ASIA-PACIFIC

Residential Air Purification Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
Sluggish Scenario Deters Current Market Prospects
Long-Term Growth Remains Intact Amid Rising Concerns over Air Pollution
Major Asian Countries Ranked in terms of Air Pollution (Annual Mean PM 2.5 ug/m3)
Multifunction Products Present Huge Market Potential
Foreign Companies Establish Operations to Widen Regional Footprint
Focus on Product Innovation: A Must for Marker Participants

AUSTRALIA

Residential Air Purification Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)

INDIA

Residential Air Purification Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
Bright Future Projected for Residential Air Purifiers in the Country
Most Polluted Cities in India by PM 2.5 Level (in ug/m3)
Air Purification Market Looks Ahead at Emphatic Gains in India
Bengaluru Gets Ready for India’s Foremost Residential Air Purification Tower
Major Cities Dominate Residential Air Purifier Sales in India

SOUTH KOREA

REST OF ASIA-PACIFIC

Malaysia
Taiwan

LATIN AMERICA

Residential Air Purification Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)

ARGENTINABRAZILMEXICOREST OF LATIN AMERICA

MIDDLE EAST

Residential Air Purification Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
Market Overview

IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST

AFRICA

Residential Air Purification Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)

IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Fujitsu Ltd.
3M Company
Daikin Industries Ltd.
AB Electrolux
Eureka Forbes Ltd.
Carrier Corporation
Dyson Ltd.
Alen Corporation
Continental Fan Manufacturing, Inc.
De`Longhi Group
Fujitsu General Ltd.
Air Quality Engineering
Aprilaire
Fellowes Brands
Goodman Manufacturing Company, L.P.

Table Information

Report Attribute	Details
No. of Pages	200
Published	March 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 10 Billion
Forecasted Market Value ( USD ) by 2030	$ 15.9 Billion
Compound Annual Growth Rate	6.8%
Regions Covered	Global

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Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 125 Featured):

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Table of Contents

Companies Mentioned (Partial List)

Table Information

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About the Residential Air Purifier Market