UV air purifiers utilize ultraviolet light technology to destroy airborne microorganisms and neutralize odors. They efficiently capture and deactivate pollutants, allergens, viruses, and bacteria to improve indoor air quality. With increased awareness about health issues caused by indoor air pollution, demand for air purifiers that can efficiently sanitize indoor environments is growing.
The global UV Air Purifier Market is estimated to be valued at US$ 1.39 Bn in 2023 and is expected to exhibit a CAGR of 15.57% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing concerns regarding air pollution and a large number of airborne diseases have raised consumer focus on indoor air quality. The COVID-19 pandemic further highlighted the need to sanitize indoor spaces and curb the spread of airborne viruses. This has propelled the demand for UV air purifiers that can effectively neutralize germs and pathogens in indoor air. Manufacturers are also launching advanced air purifiers with UV lights, HEPA filters, activated carbon, and other technologies to provide multi-level protection against pollutants, odors, allergens, and microbes. Innovative features like Wi-Fi and app connectivity allow remote monitoring and control of air purifiers.
SWOT Analysis
- Strength: UV air purifiers efficiently deactivate viruses, bacteria and other airborne pathogens. They provide cleaner indoor air quality without using chemicals.
- Weakness: UV lamps have shorter lifespans and need periodic replacement. Higher initial costs compared to other air purification technologies.
- Opportunity: Increasing awareness about air purification and rising health concerns is driving demand. Growing adoption in commercial spaces like hospitals, schools and offices.
- Threats: Slow penetration in developing nations due to high costs. Introduction of newer air purification technologies.
Key Takeaways
The global UV air purifier market is expected to witness high growth. The global UV Air Purifier Market is estimated to be valued at US$ 1.39 Bn in 2023 and is expected to exhibit a CAGR of 15.57% over the forecast period 2023-2030.
North America dominates the global UV air purifier market holding around 35% share. Rising health concerns, growing adoption in industrial and commercial sectors and stringent government regulations for indoor air quality are driving demand.
Key players operating in the UV air purifier market are Honeywell International Inc., LG Electronics Inc., Koninklijke Philips N.V., Coway Co., Ltd., Daikin Industries, Ltd., Sharp Corporation, Panasonic Corporation, Blueair AB, Dyson Ltd., Samsung Electronics Co., Ltd. The major players focus on new product launches and mergers & acquisitions to strengthen their market position and capitalize on growth opportunities.