Smart air purifiers market is expected to reach $11,403.0 million by 2025, from $4,510.0 million in 2017, growing at a CAGR of 12.2% from 2018 to 2025. Smart purifiers function by gathering air quality data from special monitoring sensors on the units, and send alerts when air quality levels change. Smartphone apps allow users to control these purifiers by enabling fine tune adjustment of air cleaning settings.
Growing awareness about the adverse effects of pollution on health has encouraged various electronics manufacturers to introduce advanced air purifiers. Moreover, people have become more technology-oriented, and tend to invest significantly on high-end products such as smart air purifiers owing to increase in per capita income of the population in the emerging economies. However, high maintenance cost, replacement of filters, and premium installation charges have limited the adoption of these purifiers, thereby restraining the growth of the market.
Major Key Players of the Smart Air Purifiers Market are:Honeywell Internationa., Koninklijke Philips, Sunbeam Products, Inc., Xiaomi Corporation, Blue Air, Coway, Whirlpool Corporation, Americair Corporation, Sharp Corporation, and Dyson Technology Limited
Read More @ http://www.sbwire.com/press-releases/smart-air-purifiers-market-to-witness-growth-acceleration-during-2018-2025-honeywell-koninklijke-philips-sunbeam-products-1286298.htm
Growing awareness about the adverse effects of pollution on health has encouraged various electronics manufacturers to introduce advanced air purifiers. Moreover, people have become more technology-oriented, and tend to invest significantly on high-end products such as smart air purifiers owing to increase in per capita income of the population in the emerging economies. However, high maintenance cost, replacement of filters, and premium installation charges have limited the adoption of these purifiers, thereby restraining the growth of the market.
Major Key Players of the Smart Air Purifiers Market are:Honeywell Internationa., Koninklijke Philips, Sunbeam Products, Inc., Xiaomi Corporation, Blue Air, Coway, Whirlpool Corporation, Americair Corporation, Sharp Corporation, and Dyson Technology Limited
Read More @ http://www.sbwire.com/press-releases/smart-air-purifiers-market-to-witness-growth-acceleration-during-2018-2025-honeywell-koninklijke-philips-sunbeam-products-1286298.htm
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