Air Scrubber Market: Insights into Key Factors Shaping Evolution
Air scrubbers are gathering steam in improving indoor air quality notably at homes. The air scrubber market has evolved to meet the technology needs of homeowners in removing allergens, molds, VOCs, and various other air pollutants, and help them maintain cleaner and healthier living space. Air scrubbers have proved to be low-maintenance system for reducing contaminants in indoor spaces.
Over the past few decades, indoor spaces have stridently gained attention among industry proponents and pioneers of technologies for reducing the ill health impacts of contaminated air. To put things in perspective, EPA finds that indoor environments can be 2-5 times as polluted as the air in the outdoor environment, and has emerged as one of the key environmental dangers impacting the ecology in general and human health in particular. The array of technologies for HVAC systems in the air scrubber market has thus expanded to meet emerging demand.
The research report on the air scrubber market is a in-depth assessment of various industry trends, product development avenues, investment pockets by prominent manufacturers, regulations that have shaped the adoption, and emerging regional markets.
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Air Scrubber Market: Drivers, Current Prospects, and Avenues
Indoor air quality is becoming a crucial aspect of health and wellness of inmates in residential buildings. The awareness about the health impacts of contaminated air on the incidence of allergy, asthma, and respiratory diseases is another key driver for steady demand in the air scrubber market. Indoor has been found to be contaminated due to presence of pet dander, odors, and dust, which may come from outdoor or may reside in the indoor environment.
Over the years, technological advancements have allowed air scrubber manufacturers to offer product that prevent air contaminants. Surfaces that are breeding ground for disease-causing microorganisms such as bacterial norovirus, Swine Flu (H1N1), MRSA, and E.coli have been increasingly targeted by technology developers. The number of airborne contaminants has grown in complexity in recent times, with SARS-CoV-2 virus presenting an incredible avenue for R&D, conferring revenues gains to pioneers of air scrubber market. Incorporation of advanced materials in filters used in HVAC present a key trend that will expand the possibilities in the air scrubber market.
Key Trends to Propel Product Developments in Air Scrubber Market: Insights into Competitive Scenario
Manufacturers and technology developers in the air scrubbers market intend to gain trust by present scientific evidence of the efficacy of the filters in removing indoor air contaminants. Some globally prominent manufacturers in the market have unveiled products that meet independent third-party lab certifications. A case in point in growing number of products that are FDA compliant. Several incumbent players and new entrants are keen on offering products that will prolong the life of HVAC system used by residential users. As an example, Aqualite US has unveiled Aerus Hydroxyl Blaster air scrubber in 2020 to meet the needs of air purification for viruses that cause Covid-19 disease with more than 99% efficacy. The company has since then released several studies to corroborate their findings. Another key avenue that top players are targeting is removal of odors from food products.
Some of the key players in the air scrubber market are Omnitec Design, OPTROMIX Inc., Waves Aircon, Advanced Air Technologies, Inc., Aerus Enterprise Solutions, and Americair Corporation.
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Insights into Regional Opportunities and Trends in Air Scrubber Market
On the global front, North America has witnessed substantial revenue streams for manufacturers and other industry players in the air scrubber market. Incessant focus on innovations in air purification technologies and vast appetite for advanced filters in HVAC systems among residential consumers are key trend that have fueled growth prospects of the regional market. Asia Pacific and Europe are also emerging as hotbed of opportunities, with growing awareness about the ill-health impacts of airborne contaminants indoors.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.