US Air Purifier Market to Grow at 8% Till 2021: TechSci Research Report
11 Jul, 2016, 15:30 BST
NEW YORK, July 11, 2016 /PRNewswire/ --
Deteriorating Air Quality, Expanding Urban Population, Growing Health Concerns and Rising Consumer Spending on Lifestyle Products to Drive Air Purifiers Sales Among Americans
According to TechSci Research report, "US Air Purifier Market By Filter Type, By End User, Competition Forecast & Opportunities, 2011 - 2021", air purifiers market in the US is forecast to grow at a CAGR of more than 8% during 2016 - 2021, on account of rising awareness about impact of indoor pollution on human health, coupled with increasing incidence of respiratory diseases and rising awareness about health benefits of using air purifiers. Rising air pollution in the US can be attributed to increasing emissions of harmful particulate matter from industrial and commercial units, as well as expanding vehicle fleet size. According to OICA, over 17 million vehicles were sold in 2015 in the United States, and with continuing growth in vehicle sales, demand for air purifiers is expected to grow through 2021.
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Browse 33 market data Tables and 21 Figures spread through 120 Pages and an in-depth TOC on
"US Air Purifier Market"
According to the American Cancer Society, smoking cigarettes kills more than 480,000 Americans each year, and approximately 41,000 of these deaths are caused due to exposure to second-hand smoke. Moreover, commercial sector accounts for the largest demand share in the country's air purifiers market, due to growing demand from tourism, healthcare and other institutions such as embassies, hospitals, corporate offices, government buildings, schools, colleges, etc. Booming hospitality industry and scheduled inauguration of over 865 hotels in the US by 2016 is projected to further boost demand for air purifiers in the country in the coming years.
Air quality in cities such as Virginia, Nevada, Wisconsin, New York etc., is deteriorating due to high levels of particulate matter emissions and increasing concentration of harmful gases in the air. This is propelling demand for air purifiers from the residential sector on account of increasing indoor pollution and rising health concerns among people. Demand for air purifiers in the US is majorly dependent on domestic production. IQAir, Austin Air Systems and Blueair are few of the major players operating in the United States air purifiers market. HEPA and activated carbon was the largest segment in the United States air purifiers market in 2015, due to the high efficiency of these air purifiers in removing particulate matter and odor.
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"Companies operating in United States air purifiers market are focusing on new technology developments and launching products based on these technologies to attract customers, and thereby, increase their penetration in the market. These companies are also focusing on launching aesthetically pleasing air purifier designs, reducing size of air purifiers for households and adopting multistage air purifying technologies in majority of their new product offerings. Air purifier manufacturers are also integrating products with Internet and Bluetooth technologies so that users can comfortably operate these air purifiers through their phones, reduce power consumption and increase filter replacement time." said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"US Air Purifier Market By Filter Type, By End Use Sector, By Region & By Company Forecast and Opportunities, 2011-2021" has evaluated the future growth potential of United States air purifiers market and provides statistics and information on market structure, size, consumer behavior and trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges and opportunities available in the United States air purifiers market.
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