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The global residential air filter market size was USD 3.76 Billion in 2022 and is expected to register a rapid revenue CAGR of 7.4% during the forecast period. Rapid adoption of residential air filters owing to increasing levels of air pollution is a major driving factor driving market revenue growth. Consumers around the world are making substantial investments in household air purification and filtration solutions to escalate rising level of air pollution. According to the World Health Organization (WHO), around 99% of the entire global population inhales air that surpasses the recommended WHO limits for ambient air quality, which contains high levels of pollutants. In addition, around 6.7 million premature deaths are affected by ambient air pollution. Residential air filters are highly effective in capturing and filtering ambient air pollution particles including dust, harmful gases, Volatile Organic Compounds (VOCs) and fine particulate matter (minimum 0.3 µm) with an industry standard efficiency of 99.97%.
The Global Residential Air Filter Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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Key companies operating in the Residential Air Filter market include:
Carrier Global Corporation, 3M Company, Honeywell International Inc., Lennox International Inc., Sharp Corporation, Austin Air Systems, Limited, Molekule, Inc., American Air Filter Company, Inc., Daikin Industries, Ltd., and The Camfil Group
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Residential Air Filter market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Residential Air Filter Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Residential Air Filter Market Segmentation:
- Type Outlook (Revenue, USD Billion; 2019-2032)
- Standalone/Portable
- In-Duct
- Technology Outlook (Revenue, USD Billion; 2019-2032)
- High Efficiency Particulate Air (HEPA) Filters
- Activated Carbon Filters
- Fiberglass Filters
- Minimum Efficiency Reporting Value (MERV) Filters
- Ultraviolet (UV)-C Air Purifiers
- Others
- Application Outlook (Revenue, USD Billion; 2019-2032)
- General Air Quality Improvement
- Allergen Removal
- Smoke and Odor Removal
- Virus and Bacteria Elimination
- Others
Residential Air Filter Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
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โพสต์ 2024-5-1 11:29:32