Market revenue in 2023 | USD 129.8 million |
Market revenue in 2030 | USD 244.4 million |
Growth rate | 9.5% (CAGR from 2023 to 2030) |
Largest segment | 71w - 100w |
Fastest growing segment | Less than 70W |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Less than 70W, 71W - 100W, 101W - 140W, More than 141W |
Key market players worldwide | Honeywell International Inc, Resideo Technologies Inc, HoMedics, Eureka Forbes, Air Oasis, Vesync Co Ltd, Guardian Technologies LLC, Airpura, Midtherm Flue Systems, Toshiba Corporation, Daikin Industries Ltd |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to uv air purifier market will help companies and investors design strategic landscapes.
71w - 100w was the largest segment with a revenue share of 39.91% in 2023. Horizon Databook has segmented the Middle East & Africa uv air purifier market based on less than 70w, 71w - 100w, 101w - 140w, more than 141w covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa has been witnessing an increase in investments and significant expansion of the construction sector. Countries in the region have been investing in alternate sectors, such as hospitality, to strengthen their economy and reduce their heavy reliance on the oil-based economy.
Measures adopted by the regional countries to reduce their heavy reliance on oil have been driving the growth of the commercial construction sector. For instance, in October 2021, Saudi Arabia’s Ministry of Tourism unveiled an investment strategy, committing to an expenditure of USD 1.0 trillion in the tourism sector over the upcoming decade.
This considerable investment and series of initiatives undertaken to diversify the source of economic activities have catalyzed a consistent increase in the number of tourists and hotels in the region. UV air purifiers are used to maintain the supply of clean air in commercial and residential setups, hence, the demand for UV air purifiers is likely to remain high over the forecast period with the expansion of these sectors.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa uv air purifier market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa uv air purifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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