Aug, 30 2022

LG Electronics, DAIKIN INDUSTRIES, ltd and Koninklijke Philips N.V., are Dominating the Asia-Pacific Commercial Ultraviolet (UV) Air Purifier Market in 2020

Asia-Pacific Commercial Ultraviolet (UV) Air Purifier Market is expected to grow with the CAGR of 5.7% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Asia-Pacific 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 Asia-Pacific commercial ultraviolet (UV) air purifier market are introducing strong range of product portfolio. This helped 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.

LG Electronics is the dominating players in Asia-Pacific commercial ultraviolet (UV) air purifier market. The other key players existing in the market Hamilton Beach Brands Holding Company, Winix Inc., SAMSUNG , Rabbit Air, IQAir, DAIKIN INDUSTRIES, ltd., Camfil, Austin Air, Alen Corporation, Sharp Electronics Corporation, Sunbeam Products, Inc., COWAYCO.,LTD., Unilever, LG Electronics, Xiaomi, Honeywell International Inc., Panasonic Corporation, Whirlpool, Dyson among others.

LG Electronics

LG Electronics founded in 1947, headquartered in Seoul, South Korea. The company is focusing on the manufacturing of electronics products for the betterment of living standard and to reduce the human efforts in completion of work. The company offers various products such as OLED TVS, Washing Machines, Refrigerators, Air Purifier among which Air Purifier is market focused segment. The company has wide global presence in Asia-Pacific, South Africa.

For instance,

In April 2021, LG Electronics announced a launch of new models for premium audio experience for the customers Meridian audio tuning and Meridian Technology. This will help in increase sales and revenue for LG Electronics.

DAIKIN INDUSTRIES, ltd

DAIKIN INDUSTRIES, ltd founded in 1924, headquartered in Osaka, Japan. The company is engaged in manufacturing of variety of innovative products that reduces the bad quality air impact on human health.The company offers various products such as air conditioning & refrigeration, air to water heat pump systems, heating systems, air purifiers, water cooled chillers, refrigeration and the market focused product are air purifiers.

The company has wide global presence in Europe, North America, Latin America, Asia-Pacific, and Middle East and Africa.

For instance,

In June 2020, DAIKIN INDUSTRIES, Ltd. announced a KV with WASSHA Inc. for air conditioner subscription business to deliver highly efficient and effective product to the customers. This will help in increase the value of revenue for DAIKIN INDUSTRIES, LTD.

Koninklijke Philips N.V

Koninklijke Philips N.V, founded in 1891, Headquartered in Eindhoven, The Netherlands, which is engaged in the manufacturing innovative products that helps enhancing lifestyle of the customers. The company offers various products such as sound & vision, personal care, mother & child care, household products, lighting, health, automotive, parts & accessories, promotions and the market focused product is Household products.

The company has wide global presence across the globe such as Europe, North America, Latin America, Asia- Pacific, and Middle East and Africa.

For instance,

In April 2021, Koninklijke Philips N.V. announced a partnership with Ibex Medical Analytics team to increase the effectiveness in artificial intelligence to promote digital pathology to healthcare segments. This will help increase in revenue for Koninklijke Philips N.V.

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