The market’s growth is anticipated to be fueled by the rising rates of airborne diseases and pollution in urban areas, as well as the rising health consciousness and rising standards of living.
According to TechSci Research report, “Singapore Air Purifier Market– By Region, Competition Forecast and Opportunities, 2018-2028”, Singapore air purifier market has expanded significantly owing to the factors such as product innovations, demand of air cleaning products and rising demand of technology-based equipment among the consumers.
Air purifiers eliminated mold spores, dust, smoke, and other airborne contaminants. These purifiers have the power to destroy a wide range of germs, viruses, and other harmful particles. People with allergies and respiratory problems might benefit greatly from air purification devices. Sales of air purifiers are increasing in direct proportion to Singapore’s worsening air pollution levels. Increased spending on high-end air purifiers to make the environment pathogen-free is another factor supporting market expansion.
The demand for air purifiers in residential applications has increased because of lockdown measures implemented to stop the spread of COVID-19 and the norms requiring work from home and stay-at-home arrangements. Additionally, because air purifiers can stop the spread of infectious diseases, their demand rose in healthcare and other commercial facilities during the epidemic. The COVID-19 pandemic is expected to spur the creation of new products and technological improvements, which will boost market growth.
Strict procedures by the government have been implemented to guarantee that Singapore’s air quality remains high. Humans have taken care to calibrate the air pollution control measures to strike a delicate balance between promoting economic development and ensuring a high standard of living. This procedure includes everything from the planning stage, such as the location of polluting industries away from residential areas, to mandating and enforcing strict emission standards. The track record for ambient air quality over the past 50 years attests to how successful these measures have been for Singapore.
The prevention of environmental issues can be achieved by sound land use planning. In Singapore, an integrated strategy is used to guarantee that environmental factors are taken into account during the stages of land-use planning, development control, and construction regulation in order to minimize the effects of pollution and reduce the effects of annoyance on nearby land uses. Industries are located in specified industrial areas that have a sufficient distance between them and residential areas.
Industries are scrutinized before being approved to operate in Singapore to make sure they don’t provide unmanageable pollution issues or health and safety risks. In order to adhere to National Environment Agency air emissions norms and regulations, they must also have pollution control measures.
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The Singapore air purifier market is segmented into filter type, end use, and region.
Based on filter type, the market is segmented into HEPA & activated carbon, ion & ozone generator; hepa, activated carbon and ion & ozone generator, electrostatic precipitators, hepa, activated carbon, & others. Among these, the HEPA filters holds the leading share in the market during the forecast period because companies frequently use HEPA filters in their products. HEPA filters have been shown to reduce the spread of airborne particles and organisms such as viruses and bacteria during the past ten years in a variety of healthcare settings and life sciences applications. To get rid of bacteria and other dangerous particles, many professional engineering organizations recommend HEPA filters in healthcare facilities such as hospitals and infection control clinics.
Based on end use, the market is divided into commercial, industrial, and residential. Among these, the residential sector is expected to hold the leading share in the market during the forecast period. Air purifiers are broadly utilized in residential areas due to growing awareness of the health dangers posed by indoor air pollution.
Major operating companies operating in the Singapore air purifier market are:
- Philips Singapore Pte Ltd.
- Samsung Electronics Singapore Pte. Ltd. (SESP)
- LG Electronics Singapore Pte.Ltd.(LGESL)
- XIAOMI TECHNOLOGIES SINGAPORE PTE. LTD.
- Electrolux S.E.A. Pte Ltd
- Daikin Airconditioning (Singapore) Pte Ltd.
- Sharp Singapore Electronics Corporation Pte. Ltd.
- Arovast Corporation (Levoit)
- Sterra SG
- Futur Living Pte. Ltd.
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“The COVID-19 pandemic, rising air pollution levels, and growing public awareness of the advantages of air purifiers are the main factors driving the market. Dust, smoke, and pollen are just a few of the impurities that air purifiers remove in order to help eliminate numerous health risks brought on by poor air quality. These goods also benefit those who have respiratory illnesses such as asthma, airborne allergies, and others. Thus, it is expected that rising consumer health consciousness will fuel product demand in Singapore during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
Singapore Air Purifier Market By Filter Type (HEPA + Activated Carbon, Ion + Ozone Generator, HEPA + Activated Carbon + Ion & Ozone Generator, Electrostatic Precipitators, HEPA, Activated Carbon, & Others), By End (Commercial, Industrial and Residential), By Country, By Company, Forecast & Opportunities, 2018-2028F, has evaluated the future growth potential of Singapore air purifier market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the air purifier market in Singapore.
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