US Smart Air Purifier Market Size
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 8.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
US Smart Air Purifier Market Analysis
US Smart Air Purifier Market has generated a revenue of USD 3.5 billion in the current year and is poised to achieve a CAGR of 8% for the forecast period.
A contemporary take on the conventional air purifier, the smart air purifier automatically filters the air for a variety of users. It can be controlled remotely by using an app on smartphones connected to smart air purifiers via wireless networks like Wi-Fi and Bluetooth. The smart air purifier's key benefit is that users can use their smartphones to control basic settings, check indoor air quality, and monitor outdoor air quality. Additionally, these devices use specialized monitoring sensors to gather data on air quality, automatically clean the air in accordance with that information, and notify users when air quality levels change.
By adjusting the air-cleaning settings on these purifiers, users may control them using smartphone apps. Most smart air purifiers are placed and utilized indoors, in places like homes, small companies, industrial structures, and vehicles. Smart air purifiers are equipped with technology that takes out dust, pollutants, and smoke from the air automatically. These devices are available in scent-releasing versions that can improve the atmosphere and aroma of the space.
Rising pollution levels and the prevalence of airborne diseases in the country have increased product demand. Several states, including California, Chicago, Illinois, Ohio, Oklahoma, and Mississippi, implemented lockdown measures to control the spread of COVID-19. As a result, sales of home appliances such as air purifiers, cleaning appliances, kitchen appliances, and water filtration devices have increased. Rising health-consciousness has also contributed to increased product sales in the country.
US Smart Air Purifier Market Trends
This section covers the major market trends shaping the US Smart Air Purifier Market according to our research experts:
Smart Air Purifiers Being Integrated into Smart Home Ecosystems
The air around is automatically cleaned by smart air purifiers, which are stylish, portable, and simple to use. With these purifiers, the user can use a smartphone to regulate fan speed and runtime, as well as monitor temperature, air quality, and other particulate contaminants. These cutting-edge air purifiers work with other smart home appliances like Google Assistant, Amazon Alexa, and others.
The ability to automatically monitor, respond to and purify the interior air is provided by a built-in air quality meter with electrostatic charging technology. Electronic touch controls on smart air purifiers make it simple to change the fan speed and enable Wi-Fi connectivity.
With a real HEPA filter that can effectively catch 99.7% of undesirable airborne particles such as dust, lint, allergies, germs, viruses, spores, and pet danger using electrostatic technology, smart air purifiers also provide strong filtering technology. Also, smart purifiers have a filter life tracker in a variety of sizes and forms so that customers can select one that suits their needs.
The growing demand for these intelligent air purifiers across the United States will certainly fuel market expansion in the years to come.
Increasing Air Pollution and Deteriorating Air Quality to Drive Demand for Air Purifiers
As a result of the loss of forest cover, rising levels of pollution are being caused by increased globalization, infrastructure development, and huge construction projects being carried out to build airports, homes, transportation systems, and other facilities. The demand to build air purifying equipment is being driven by particulate matter emissions caused by a high reliance on air conditioners.
For instance, air pollution, which is frequently produced by burning fuel for transportation, power generation, and home and business heating, is to blame for the majority of premature deaths in the United States. Hence, it is projected that in the United States, demand for air purifying systems in residential, commercial, and industrial settings would increase as worries about growing pollution levels grow.
US Smart Air Purifier Industry Overview
US smart air purifier market is fragmented due to the presence of a large number of global and regional players in the market like IQAir North America, Inc., Honeywell International, Inc., Sharp Corporation, Dyson Limited, Honeywell International, Inc., LG Electronics, Unilever PLC, Aerus LLC, Panasonic Corp., Hamilton Beach Brands, Inc., Whirlpool Corp., and Daikin Industries, Ltd, among others. Manufacturers are introducing new products in the market using new technologies. The companies use various marketing strategies to increase their market shares. Some of the market's leading players are heavily investing in research and development activities to improve their position in current electronic technologies and processes in order to increase efficiency and lower costs.
US Smart Air Purifier Market Leaders
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Honeywell International, Inc.
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Hamilton Beach Brands, Inc.
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Sharp Corporation
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Dyson Limited
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Xiaomi Corporation
*Disclaimer: Major Players sorted in no particular order
US Smart Air Purifier Market News
- In November 2022, IQAir, the Swiss air quality technology expert, introduced Atem X, a smart, slim, bionic air purifier. It is the newest product in IQAir's line of high-performance air purifiers.
- In April 2022, Hamilton Beach Brands, Inc., a wholly-owned subsidiary of Hamilton Beach Brands Holding Company, introduced the first products in a new line of premium air purifiers under the Clorox® brand name as part of an exclusive multiyear trademark licensing agreement with The Clorox Company. This product launch is one of many steps Hamilton Beach Brands is taking in 2022 to expand its presence in the fast-growing, multibillion-dollar home health and wellness market.
US Smart Air Purifier Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain Analysis
4.5 Industry Attractiveness - Porters' Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights into Technological Advancements in the Industry
4.7 Insights on Various Regulatory Trends Shaping the Market
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Dust Collectors
5.1.2 Fume & Smoke Collectors
5.1.3 Others
5.2 By Technology
5.2.1 HEPA
5.2.2 Activated Carbon Filtration
5.2.3 Others
5.3 By Application
5.3.1 Residential
5.3.2 Commercial
5.3.3 Others
5.4 Distribution Channel
5.4.1 Supermarkets/Hypermarkets
5.4.2 Specialty Stores
5.4.3 Online
5.4.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Sharp Corporation
6.2.2 Dyson Limited
6.2.3 Xiaomi Corporation
6.2.4 Honeywell International, Inc.
6.2.5 Hamilton Beach Brands, Inc
6.2.6 Koninklijke Philips NV
6.2.7 LG Electronics, Inc.(LG Corp)
6.2.8 IQAir North America, Inc
6.2.9 Havells India Ltd.
6.2.10 Daikin Industries, Ltd
6.2.11 Coway Co., Ltd.
6.2.12 Levoit (Vesync Co., Ltd.)
6.2.13 Unilever PLC (Blueair AB)
6.2.14 Smart Air Filters Pvt Ltd.
6.2.15 Whirlpool Corporation
6.2.16 Winix Inc.*
- *List Not Exhaustive
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
US Smart Air Purifier Industry Segmentation
A smart air purifier is an advanced version of a standard air purifier that is used for automatic air purification across multiple end users. It is linked to wireless networks such as Bluetooth and Wi-Fi and can be controlled remotely via a smartphone app. US smart air purifier market report focuses on the market dynamics, trends, and demand for smart air purifiers in the market. The report offers an in-depth analysis of the key trends, segments, opportunities, and factors that are driving the market. Additionally, the key profiles of the major players in the global market are provided in detail.
US Smart Air Purifier Market is Segmented by Type (Dust Collectors, Fume & Smoke Collectors, and Others), Technology (HEPA, Activated Carbon Filtration, and Others), Application (Residential, Commercial, and Others), and Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online, and Other Distribution Channels). The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.
By Type | |
Dust Collectors | |
Fume & Smoke Collectors | |
Others |
By Technology | |
HEPA | |
Activated Carbon Filtration | |
Others |
By Application | |
Residential | |
Commercial | |
Others |
Distribution Channel | |
Supermarkets/Hypermarkets | |
Specialty Stores | |
Online | |
Other Distribution Channels |
US Smart Air Purifier Market Research FAQs
What is the current US Smart Air Purifier Market size?
The US Smart Air Purifier Market is projected to register a CAGR of greater than 8% during the forecast period (2024-2029)
Who are the key players in US Smart Air Purifier Market?
Honeywell International, Inc., Hamilton Beach Brands, Inc., Sharp Corporation, Dyson Limited and Xiaomi Corporation are the major companies operating in the US Smart Air Purifier Market.
What years does this US Smart Air Purifier Market cover?
The report covers the US Smart Air Purifier Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the US Smart Air Purifier Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
US Smart Air Purifier Industry Report
Statistics for the 2024 US Smart Air Purifier market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. US Smart Air Purifier analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.