Dublin, March 28, 2019 (GLOBE NEWSWIRE) -- The "Global Smart Air Purifier Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The smart air purifier market will register a CAGR of almost 14% by 2023.

Exposure to air containing particles, such as dust, dander, and bacteria, may cause respiratory problems. Indoor burning of solid fuels has been identified as one of the reasons for pollution-related diseases.

The major reason behind this is the burning fossil fuels such as burning coal, wood, charcoal, dung, and crop wastes for cooking, heating, and lighting. The significant increase in the level of air pollution across the globe increases the demand for air purifiers.

Smart air purifiers have proven to be one of the efficient devices to control air pollution in the residential and commercial places as they automatically analyze air quality and operate with the required intensity to clean the impure air. To prevent the occurrence of diseases, air purifiers are being installed in homes and offices, which, in turn, is driving the sales of smart air purifiers.

Increasing demand for home automation products

Product launches provide buyers with a whole new array of deigns, colors and sizes. Moreover, they keep buyers informed about the latest technological improvements through advertisement and promotions.

Availability of substitutes

Smart air purifiers are advanced versions of conventional air purifiers, which have air filters to filter out impurities from polluted air. Moreover, smart air purifiers are expensive than conventional air purifiers because of advanced features, which limits the mass consumer segment from purchasing the product. Hence, the high availability of substitutes may hinder the market's growth during the forecast period.

Competitive Landscape

The market appears to be moderately concentrated and with the presence of limited vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY PRODUCT

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY TECHNOLOGY

PART 09: GEOGRAPHIC LANDSCAPE

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

PART 14: VENDOR ANALYSIS

For more information about this report visit https://www.researchandmarkets.com/r/rptlg2

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Related Topics: Air Purification