QYResearch: The global Residential Air Purifiers revenue would keep increasing with annual growth rate with about 7% ●Research Report ● Market Survey and Research
●Industry Analysis
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Analyst
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Residential Air Purifiers, also known as "air cleaners," are those that have the ability of absorption, decomposition or transformation of various air pollutants such as PM2.5, dust, pollen, odors, formaldehyde decoration pollution, bacteria, and allergens. The Residential Air Purifiers manufacturing market is relatively concentrated. The top five producers account for about 60 % of the revenue market. The manufacturers range from large multinational corporations to small privately owned companies. The global leading players in this market are Sharp, Panasonic, Philips, Daikin, Midea, Coway, Electrolux, etc. qyresearchglobal.com
China is the biggest production area, which occupied about 70% of the production market in 2016, followed by Japan. Other countries have a smaller amount of production. Geographically, North America was the largest consumption market in the world, which took about 35% of the global consumption volume in 2016. The global Residential Air Purifiers revenue would keep increasing with annual growth rate with about 7%. We tend to believe that this industry still has a good future, considering the current demand of Residential Air Purifiers.
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