14 Dec 2021
Air quality products fall into a category, including humidifiers, air purifiers, and dehumidifiers for household and personal use. These products are manufactured to change the quality of indoor air pollutants. They are usually small, so they can be moved efficiently, require installation and a little maintenance. These devices are generally sold in a way that benefits allergy sufferers and asthma patients and that reduces or eliminates second-hand tobacco smoke. Commercial grade air purifiers can be transformed into small independent units or larger units, which can be attached to air handling units (AHU) or HVAC units in various different industries. These can also be used to remove impurities from the air before treatment. As consumer interest and awareness in improving air quality increases, manufacturers and businesses will have the opportunity to position air quality items as essential products. Currently, manufacturers are creating new ideas in the area of items that do not leave harmful pollutants (like harmful ozone). One and most important of them is High-Efficiency Particulate Air (HEPA) Purifiers which do not leave noxious ozone in the air.
"Global Air Purification Market is valued at USD 8.09 billion in 2019 and expected to reach USD 16.87 billion by 2025 with the CAGR of 13.02% over the forecast period"
HEPA air purification technology removes approximately 99.97% of pollutants crossing via it. The boom in the automotive industry has increased demand for gasoline or diesel particulate filters, which has subsequently increased global demand for industrial exhaust filters or dust collectors and air purifiers. Air purification systems are widely used in industrial and residential areas. As the level of industrialization increases, consumer awareness of air purifiers continues to increase, and urban pollution becomes increasingly severe, which also increases the demand for residential air purification systems
Coronavirus pandemic has gripped many corners of the global economy. As the pandemic Alters our economic life, it is important to track this development in real-time. We at Brandessence market research are conscious of the changing economic ground reality. All our new reports and market forecast offer an in-depth analysis of the impact of the covid-19 pandemic.
Top 5 Air Purifier Companies in Global Market 2021
Panasonic Corporation formerly known as a Matsushita Electric Industrial Co., Ltd is a major Japanese company that was established in 1918. Companies Headquartered at 828 McCarter Hwy, Newark, New Jersey, 07102, United States. specialties in electronics, manufacturing products for a range of consumer, business, and industrial uses.
Panasonic Company had nearly 243,540 Employees and had revenue of $ 60 Billion.
2. Honeywell International Inc
Honeywell International, Inc. is an American conglomerate corporation That was Established in 1906. Companies Headquartered at 300 South Tryon Street, Charlotte, North Carolina, 28202, United States. Honeywell is a Fortune 100 company, in 2021 it's ranked at 94. specialties in producing an assortment of commercial and consumer products, aerospace systems.
Honeywell International Inc Company had nearly 103,000 Employees and had revenue of $ 32 Billion.
3. Koninklijke Philips N.V.
Koninklijke Philips N.V. commonly Known as Philips is a Dutch multinational conglomerate Company That Was Established in 1891. Companies Headquartered at Amstelplein 2, Amsterdam, North-Holland, Netherlands. Philips Company is Currently Focused on the area of health technology, with other divisions being divested. Philips mainly focused on three main areas i.e Personal Health, Diagnosis & Treatment, And Connected Care.
Philips Company had nearly 81,592 Employees and had revenue of $ 23 Billion.
4. Sharp Global
Sharp is a Japanese manufacture and distribution Company that was established in 1912. Companies Headquartered at 1 Takumi-Cho, Sakai, Osaka, Japan. Company designs and manufactures electronic communication equipment, electronic equipment, electronic application equipment, and electronic components.
Sharp Global Company had nearly 54,156 Employees and had revenue of $ 21 Billion.
5. Coway Co
Coway is a Korean Company Which was Established in 1989. Companies Headquartered at 20F, 38, Digital-ro 26-gil, Guro-gu, Seoul, Seoul, South Korea. Coway, "The Best Life Solution Company," is a leading environmental home appliances company making people's lives healthy and comfortable. The Company manufacturers air purifiers, water purifiers, and many other related products. Coway also produces bidets, water softeners, mattresses, clean washers, and other care products.
Coway Company had nearly 6,571 Employees and had revenue of $ 2 Billion.
Target Audience of the Global Air Purifier Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers