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Smart Air Purifiers Market Size
- Report ID: GMI6404
- Published Date: Aug 2023
- Report Format: PDF
Smart Air Purifiers Market Size
Smart Air Purifiers Market size was valued at USD 3.7 billion in 2022 and is estimated to register a CAGR of over 9% between 2023 and 2032 driven by the growing concerns about air pollution.
According to WHO, the combined effects of household air pollution and ambient air pollution are associated with 6.7 million premature deaths annually. Increasing awareness about indoor and outdoor air pollution and its impact on health has driven the demand for smart air purifiers, as they offer efficient and convenient solutions to improve indoor air quality. Smart air purifiers leverage cutting-edge technologies like IoT end-user, sensors, and smart algorithms to monitor air quality in real time and adjust their performance, accordingly, making them attractive to tech-savvy consumers, resulting in increased product uptake.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Smart Air Purifiers Market Size in 2022: | USD 3.7 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 9% |
| 2032 Value Projection: | USD 9.3 Billion |
| Historical Data for: | 2018 – 2022 |
| No. of Pages: | 350 |
| Tables, Charts & Figures: | 554 |
| Segments covered: | Type, Technology, Distribution Channel, End-User, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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However, smart air purifiers rely on stable internet end-user to function effectively and provide real-time data. In regions with poor or unreliable internet access, the adoption of smart air purifiers may be limited. Besides, these machines, with their advanced technology and end-user features, tend to be more expensive than traditional air purifiers. The higher cost can be a significant barrier for price-sensitive consumers.
Frequently Asked Questions (FAQ) :
Smart Air Purifiers Market Scope
