New York, Jan. 18, 2021 (GLOBE NEWSWIRE) -- The Indoor Air Purification market is predicted to be worth USD 37.94 Billion by the year 2027. The industry’s growth is expected to be fueled by rising incidences of different infectious pathogens and growing level of pollution in various urban areas. Other several factors propelling the industry’s growth include improving working standards, enhancing health literacy, and increasing disposable earnings. Elevating need for introducing equipment that facilitates air pollution control has led to the surging demand for a wide range of air purifiers in several emerging regions. Rising understanding regarding health is another factor making an impact to the market’s growth.
Growing awareness about managing emissions, strict regulations in environmental conservation, and rising globalization have contributed to the development of the U.S. market during the estimated timeline.
Outbreak of the novel coronavirus has created a major concern globally pertaining to the severe contagious diseases. To combat the pandemic, many commercial sectors have incorporated different technologies, potentially mitigating the virus spread. Several manufacturers of consumer electronics & appliances have invested heavily in R&D, finding different electronics products for killing harmful viruses and bacteria present in the airflow, designed for both commercial and household purposes. Several companies have come up with different product line-ups, claiming to remove or kill the novel coronavirus.
However, manufacturing industries have experienced a downturn due to imposition of lockdowns. Industries are expected to hit their peak around Q3 upon resuming distribution chains and production facility.
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For the purpose of this report, Reports and Data has segmented the Global Indoor Air Purification market on the basis of product, technology, application, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
Technology Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
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Regional Outlook (Revenue, USD Billion; 2017-2027)
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