Global Residential Air Purifier Market to reach USD 15.25 billion by 2027.Residential Air purifier Market is valued approximately USD 8.84 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.1% % over the forecast period 2021-2027.Residential Air Purifier is a device which removes contaminants from air in a room to improve indoor air quality. The increasing urbanization and indoor air pollution levels in home ,increasing asthma patients all over the world. Will increase the growth of Residential Air purifier Market across the forecast period. For Instance: According to a study conducted by Indian Council of Medical Research found the overall prevalence of asthma and bronchitis to be 2.05% (adults aged >15 years) and 3.49% (adults aged >35 years ) respectively.(Supportive government regulations for effective monitoring of air pollution) However, technical limitations associated with air pollution monitoring products impedes the growth of the market over the forecast period of 2021-2027. Also, emerging markets to offer high growth opportunities will increase the adoption & demand for Residential Air Purifier Marke during the forecast period.

The regional analysis of globalResidential Air purifier market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. APAC is the leading region across the world in terms of market share owing to the technological advancements in the field of particulate sensors. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as supportive government regulations would create lucrative growth prospects for the Residential Air Purifier Market market across Asia-Pacific region.

Major market player included in this report are:
Daikin Industries Limited
Sharp Corporation
Honeywell International , Inc
Panasonic Corporation
LG Electronics ,Inc
Dyson Ltd
Samsung Electronics Ltd
Whirlpool Corporation
Allerair Industries ,Inc
Iqair

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
High Efficiency Particulate Air
Electrostatic Precipitator
Activated Carbon
Ultraviolet
Other Services
By Type:
Portable Air Purifiers
Induct Air Purifiers

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Residential air Purifier Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors