DUBLIN--(BUSINESS WIRE)--Aug 27, 2018--The "Residential Air Purifier Market in the US 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The Residential Air Purifier Market in the US is forecast to grow at a CAGR of 4.95% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend affecting this market is the integration of smart-connectivity in residential air purifiers. Vendors are focusing on product development and technological advances. One of the trending innovations in the air purifier category is smart-connectivity.

According to the report, one driver influencing this market is the innovation and portfolio extension is resulting in product premiumization. With the declining air quality of both indoor and outdoor environments, there is greater demand for innovative and efficient air purification technology.

Further, the report states that one challenge affecting this market is the increase in R&D spending and decrease in profit margins. With vendors making hefty investments in R&D to differentiate themselves, this surge in R&D pushes up the operational costs for the vendors and reduces their profit margins.

Market Trends

Integration of Smart-Connectivity in Residential Air Purifiers High Demand for Energy-Efficient Air Purifiers Availability of Multi-Functional Products

Key Vendors

Honeywell International Guardian Technologies Newell Brands Whirlpool Corporation Winix

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Product

8. Market Segmentation by Technology

9. Customer Landscape

10. Market Segmentation by Distribution Channel

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/j6xnld/the_residential?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180827005468/en/

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Related Topics:Air Purification

KEYWORD: UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: HOME GOODS RETAIL

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/27/2018 12:59 PM/DISC: 08/27/2018 12:59 PM

http://www.businesswire.com/news/home/20180827005468/en