The Changing Dynamics of the US Smart Air Purifier Market
The US smart air purifier market is anticipated to grow at a CAGR of 8.2% during the forecast period (2024-2031). The market growth is driven by the high acceptance of new technologies coupled with the strong presence of global players and start-up companies in the region. Additionally, the escalating pollution level across the country is also influencing the adoption of smart air purifiers in the market. Furthermore, the rising demand for small and portable air purifiers with advanced functions such as tracking of air quality with options including daily, weekly, and monthly reports and manual and automatic settings are driving the market growth across the region.
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The US smart air purifier market is segmented by type (dust collectors, fume & smoke collectors, and others), by technology (high-efficiency particulate air (HEPA), thermodynamic sterilization system (TSS), and others), by end-use (residential, commercial, and automotive).
The major players in the US smart air purifier market include Blueair AB, COWAY Co., Ltd., Honeywell International Inc., Koninklijke Philips N.V., and others. The market players are contributing significantly to the market growth, by the adoption of various business strategies, such as collaborations, mergers and acquisitions, product portfolio diversification, and more.
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