Leading market players are investing heavily in research and development to expand their product lines, which will help the Home Use Air Purifiers market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Home Use Air Purifiers industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Home Use Air Purifiers industry to benefit clients and increase the market sector. In recent years, the Home Use Air Purifiers industry has offered some of the most significant advantages to the enhancement of indoor air quality and the promotion of healthier living environments.
Major players in the Home Use Air Purifiers Market, including Daikin Industries, Ltd. (Japan), Sharp Corporation (Japan), Honeywell International Inc. (US), Samsung Electronics Co., Ltd. (South Korea), LG Electronics Inc. (South Korea), Koninklijke Philips N.V. (Netherlands), Dyson (UK), Unilever Group (UK), Panasonic Corporation (Japan), Whirlpool Corporation (US) are attempting to increase market demand by investing in research and development operations.
Panasonic Holdings Corp, previously known as Panasonic Corp, is a leading developer, manufacturer, and service provider of a diverse range of electric and electronic products. The extensive product portfolio includes room air conditioners, TVs, fixed phones, digital cameras, video equipment, home audio equipment, rice cookers, lamps, wiring devices, air-conditioning equipment, air purifiers, and bicycles. Additionally, Panasonic offers electronic components, mounting machines, welding equipment, PCs and tablets, projectors, batteries, electric motors, electronic materials, semiconductors, and LCD panels. The company provides comprehensive solutions across various sectors, including consumer electronics, logistics, automotive, aviation, entertainment, manufacturing, and housing.
With operations, Panasonic manages facilities and research and development centers in Japan, Asia, the Americas, and Europe. In February 2022, Panasonic introduced the Whisper Air Repair Spot Air Purifier, a maintenance-free and easily installable device designed to keep indoor air clean and fresh.
Daikin Industries Ltd, known as Daikin, is a prominent manufacturer specializing in air conditioners and refrigerants. The company boasts a diverse range of products and cutting-edge technologies covering air-conditioning, refrigeration systems, oil hydraulics, defense systems, chemicals, and other electronic components. Daikin's air conditioners find widespread applications in residential, commercial, and industrial settings. Beyond air conditioning, Daikin also provides chemical products like fluoroplastics, chemical engineering machinery, fluorocarbons, and fine chemical products. The company extends its offerings to industrial hydraulic equipment and machinery, mobile hydraulic equipment, components for guided missiles, and oxygen therapy equipment.
With a presence spanning Europe, Asia, the Middle East, Africa, Oceania, North America, and Latin America, Daikin operates on a broad scale. The headquarters of Daikin is situated in Osaka, Japan.