Research Report on UV Air Purifiers Market for Exploring Various Growth Dimensions
UV Air Purifiers Market: Introduction
Transparency Market Research delivers key insights on the
global UV air purifiers market. In terms of revenue,
the global UV air purifiers market is estimated to expand at a CAGR of ~8% during
the forecast period, owing to numerous factors regarding which TMR offers
thorough insights and forecasts in its report on the global UV air purifiers
market.
Companies are heavily investing in R&D to launch an
exclusive collection of UV air purifiers under different brands. Key companies
are associating with well-known celebrities for brand endorsement. Partnerships
with global technology providers and strict adherence to the standards declared
by international regulatory associations such as ISO, The U.S. Consumer Product
Safety Commission (CPSC), and ASTM is a major trend in the global UV air
purifiers market.
UV Air Purifiers Market: Key Segments
In terms of mounting type, the portable UV air purifiers
segment is expected to hold a major market share. Portable air purifiers offer
different features such as adjustable thermostat, LED display, and Wi-Fi.
Moreover, manufacturers are offering multifunction portable UV air purifiers to
drive their demand across the world. This is projected to increase market
attractiveness of portable UV air purifiers globally during the forecast
period.
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Based on power (watt), less than 70 watt segment is expected
to hold major market share in 2020, since across the world
consumers believe that lesser power watt is better, as they want to save energy
cost. As a result, consumers are more inclined toward less than 70 watt UV air
purifiers globally.
In terms of air flow range, more than 2.0 m3/sec segment is
expected to dominate the global UV air purifiers market, followed by 1.4 -2.0
m3/sec and 0.7 – 1.4 m3/sec segments. As compared to large air flow range UV
air purifiers, small air flow range UV air purifiers are less costly, have low
maintenance, and are easy to clean.
In terms of application, the commercial segment is expected
to hold major market share, and is anticipated to maintain its share during the
forecast period. Compared to other applications, the residential segment is
likely to expand at the fastest rate during the forecast period. Rising
consumer awareness about UV air purifiers and increasing pollution across the
world are projected to have a positive impact on the residential segment.
In terms of distribution channel, the online distribution
channel is projected to be the most attractive segment during the forecast
period due to preference of individuals toward online shopping.
UV Air Purifiers Market: Prominent Regions
The global market for UV air purifiers has been divided into
North America (U.S., Canada, and Rest of North America), Europe (U.K., Germany,
France, and Rest of Europe), Asia Pacific (China, Japan, India, and Rest of
Asia Pacific), Middle East & Africa (GCC Countries, South Africa, and Rest
of Middle East & Africa), and South America (Brazil and Rest of South
America). The global UV air purifiers market is dominated by Asia Pacific.
Consumers in Asia Pacific are gradually understanding the benefits of UV air
purifiers, which is projected to increase the demand for UV air purifiers during
the forecast period.
The expansion of the UV air purifiers market in emerging
economies such as India and China due to rising income and changing consumer
preference toward eCommerce are driving the business of UV air purifier
manufacturers, which, in turn, is boosting the market.
North America is expected to hold the second largest share
of the global UV air purifiers market and is likely to maintain its share
during the forecast period. In the region, the U.S. held a major share of the
UV air purifiers market in 2020. Despite holding major market share, the
country is expected to witness slower growth rate as compared to Canada during
the forecast period.
UV Air Purifiers Market: Key Players
Key players operating in the global UV air purifiers market
are Alcochem Hygiene, Eureka Forbes, Resideo Technologies Inc., LG Electronics,
Vystar Corporation, Guardian Technologies, ACCO Brands Corporation, Airthereal,
Air Oasis LLC, HoMedics, etc.
Global UV Air Purifiers Market: Segmentation
UV Air Purifiers Market, by Mounting Type
- Fixed
- Portable
UV Air Purifiers Market, by Power (Watt)
- Less
than 70
- 70 –
100
- 100
– 140
- More
than 140
UV Air Purifiers Market, by Air Flow Range
- Less
than 0.7 m3/sec
- 0.7-1.4
m3/sec
- 1.4-2.0
m3/sec
- More
than 2.0 m3/sec
UV Air Purifiers Market, by Application
- Residential
- Commercial
- Industrial
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UV Air Purifiers Market, by Distribution Channel
- Online
- eCommerce
Websites
- Company
Owned Websites
- Offline
- Supermarkets
& Hypermarkets
- Specialty
Stores
- Other
Retail Stores
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