Thursday, December 29, 2022

U.S. Commercial Ultraviolet (UV) Air Purifier Market is growing at a CAGR of 4.2% till 2028

 The U.S. Commercial Ultraviolet (UV) Air Purifier market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 4.2% in the forecast period of 2021 to 2028 and is expected to reach USD 22,22,534.65 thousand by 2028. Rise in number of airborne diseases is expected to drive the growth of the U.S. Commercial Ultraviolet (UV) Air Purifier market.

Air purifier is a device that helps in purifying indoor air from dust and pollens, making the air pure with no impact on the health of individual. A variety of air purifier is been manufactured with rise in awareness about the adverse impact of polluted air causing severe impact on respiratory system. Air purifiers are manufactured with highly advanced HEPA filters with wide applications in hotels and restaurants, data center and automotive segments.

Rise in demand of air purifier in hospitality sector is expected to drive the growth of the U.S. Commercial Ultraviolet (UV) Air Purifier market. Use of air purifier increases the risk of ozone generation having adverse impact on environment and this act as a restraint to the growth of the U.S. Commercial Ultraviolet (UV) Air Purifier market. Rise in investment in R&D in manufacturing of advance solutions and technologies for air purifiers is expected to create an opportunity for the growth of the U.S. Commercial Ultraviolet (UV) Air Purifier market. High initial cost of installation of manufacturing units with requirement of regular servicing and installation charges a challenge for the growth of the U.S. Commercial Ultraviolet (UV) Air Purifier market.

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This U.S. Commercial Ultraviolet (UV) Air Purifier market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the U.S. Commercial Ultraviolet (UV) Air Purifier market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

U.S. Commercial Ultraviolet (UV) Air Purifier Market Scope and Market Size

The U.S. Commercial Ultraviolet (UV) Air Purifier market is segmented on the basis of the type, mobility, price, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of type, the U.S. Commercial Ultraviolet (UV) Air Purifier market is segmented into stand-alone and built-in commercial HVAC. In 2021, stand-alone segment is dominating with increase in demand generated from hospitality sector due to sudden outbreak of COVID-19.
  • On the basis of mobility, the U.S. Commercial Ultraviolet (UV) Air Purifier market is segmented into portable and non-portable. In 2021, portable segment is dominating with increase in demand from public utilities areas reducing the cost of installation of the products by taking use of products as required from any specific areas.
  • On the basis of price, the U.S. Commercial Ultraviolet (UV) Air Purifier market is segmented into less than USD 50, USD 50-USD 200 and more than USD 200. In 2021, USD 50- USD 200 segment is dominating with rise in demand of USD 50- USD 200 air purifiers from institutes and schools segments that are easily accessible.
  • On the basis of application, the U.S. Commercial Ultraviolet (UV) Air Purifier market is segmented into hotels & restaurants, hospitals & clinics, school & Institutes, corporate buildings, shopping malls, public utilities.
  • On the basis of distribution channel, the U.S. Commercial Ultraviolet (UV) Air Purifier market is segmented into store based retailers and e-commerce. Increasingly Stringent Regulations for Industrial Infrastructure

The U.S. Commercial Ultraviolet (UV) Air Purifier market also provides you with detailed market analysis for every country growth in installed base of different kind of products for U.S. Commercial Ultraviolet (UV) Air Purifier market, impact of technology using life line curves and changes in requirement of U.S. Commercial Ultraviolet (UV) Air Purifier products, regulatory scenarios and their impact on the U.S. Commercial Ultraviolet (UV) Air Purifier market. The data is available for historic period 2011 to 2019.

Competitive Landscape and U.S. Commercial Ultraviolet (UV) Air Purifier Market Share Analysis

The U.S. Commercial Ultraviolet (UV) Air Purifier market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, the U.S. presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to the U.S. U.S. Commercial Ultraviolet (UV) Air Purifier market.

The major players covered in the U.S. U.S. Commercial Ultraviolet (UV) Air Purifier market report are Hamilton Beach Brands Holding Company, Winix Inc., SAMSUNG, Rabbit Air, IQAir, DAIKIN INDUSTRIES, Ltd., Camfil, Austin Air, Alen Corporation, Sharp Electronics Corporation, Sunbeam Products, Inc., Koninklijke Philips N.V., Unilever, LG Electronics, Xiaomi, Honeywell International Inc., Panasonic Corporation, Whirlpool among other domestic players domestic. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Many expansions are also initiated by the companies worldwide which are also accelerating the growth of the U.S. Commercial Ultraviolet (UV) Air Purifier market.

For instance,

  • In March 2021, Unilever announced a partnership with United Nations Development Programme to achieve sustainability in plastic processing and packaging solutions. This will help increase in revenue for Unilever.

Collaboration, joint ventures and other strategies by the market players is enhancing the company footprints in the U.S. Commercial Ultraviolet (UV) Air Purifier market which also provides the benefit for organisation in its growth pace.

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