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Residential Air Purifier Market In US to Grow by $ 544.61 in 2020 | Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast 2024 | Technavio


Technavio has been monitoring the residential air purifier market in us and it is poised to grow by USD 544.61 mn during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the residential air purifier market in us. The market growth in 2020 is likely to increase compared to the market growth in 2019.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alen Corp., Austin Air Systems Ltd., Blueair AB, Dyson Ltd., Honeywell International Inc., Koninklijke Philips NV, Newell Brands Inc., Sharp Corp., Whirlpool Corp., and Woongjin Coway Co. Ltd. are some of the major market participants. The increased air pollution will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this residential air purifier market in US forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Residential Air Purifier Market in US 2020-2024: Segmentation

Residential Air Purifier Market in US is segmented as below:

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Residential Air Purifier Market in US 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The residential air purifier market report covers the following areas:

This study identifies the integration of smart-connectivity in residential air purifiers as one of the prime reasons driving the residential air purifier market growth in US during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Residential Air Purifier Market in US 2020-2024: Key Highlights

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by Technology

Market Segmentation by Distribution channel

Customer Landscape

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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News published on 25 november 2020 at 05:35 and distributed by: