The U.S. Commercial Ultraviolet (UV) Air Purifier Market is expected to grow with the CAGR of 4.2% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below:
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The U.S. commercial ultraviolet (UV) air purifier market is a highly consolidated market which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in the U.S. commercial ultraviolet (UV) air purifier market are introducing strong range of product portfolio. This has helped the companies to maximize the sales with enhanced product portfolio. For instance, in April 2021, Koninklijke Philips N.V. announced an acquisition of Azurion for advanced 3D image visualization that will help the healthcare segments with increase in productivity. This will help rise in sales and revenue for Koninklijke Philips N.V.
Hamilton Beach Brands Holding Company is the dominating player in the U.S. commercial ultraviolet (UV) air purifier market. The other key players existing in the commercial ultraviolet (UV) air purifier market include Winix Inc., SAMSUNG, Rabbit Air, IQAir, DAIKIN INDUSTRIES, Ltd., Camfil, Austin Air, Alen Corporation, Sharp Electronics Corporation, Sunbeam Products, Inc., Koninklijke Philips N.V., Unilever, LG Electronics, Xiaomi, Honeywell International Inc., Panasonic Corporation, Whirlpool among others.
Hamilton Beach Brands Holding Company:
Hamilton Beach Brands Holding Company is headquartered in Virginia, U.S. and was founded in 1904. The company is focusing on the manufacturing of small electric household products and specialty household appliances. The company deals in multiple business segments such as consumer products, commercial products and licensing among which consumer products is the market focused segment. The company provides wide range of products under categories such as air purifiers, bread makers, can & jar openers, irons, electric kettles, electric knives, laundry, slow cookers, stand mixers, toasters, roasters ovens, pasta makers, pizza maker, coffee grinders and deep fryers in which air purifiers is the market focused category.
For instance,
- In January 2020, Hamilton Beach Brands Holding Company announced their participation at ICR investor conference held at Florida. This will help increase in market presence with rise in shares for Hamilton Beach Brands Holding Company.
The company has wide presence across North America and Latin America generating revenue through various subsidiary companies namely Proctor Silex (U.S.), Hamilton Beach Brands Canada Inc. (Canada), Weston Products LLC (U.S.) and others.
Austin Air:
Austin Air is headquartered in New York, U.S. and was founded in 1990. The company is focusing on the manufacturing of air purifier that reduces the indoor pollutants and air quality. The company provides wide range of products under categories such as standard series, standard replacement filters and junior replacement filters.
The company has wide presence across the U.S.
Xiaomi:
Xiaomi is headquartered in Hong Kong, China and was founded in 2010. The company is focusing on the manufacturing of electronics products that gives high efficiency and operational quality. The company deals in multiple business segments such as smartphones, IoT and lifestyle products, internet services and others among which IoT and lifestyle products is the market focused segment. The company provides wide range of products under categories such as smart devices, Mi TV, pocophone, redmi phones and Mi phones in which smart devices is the market focused category.
For instance,
- In March 2021, Xiaomi announced an expansion of business in the electric vehicles field to boost up the growing demand of e- vehicles for automobile industry. This will help increase in revenue for Xiaomi.
The company has wide presence across Europe, North America and Asia-Pacific generating revenue through various subsidiary companies namely Xiaomi Inc. (China), POCO (India) and others.
