KUALA LUMPUR, Malaysia, July 20, 2016 /PRNewswire/ -- As air pollution becomes a major concern across the globe, technologies that can filter multiple pollutants and are intelligent as well as cost effective will gain traction in all end-user segments. Rising income levels, heightened awareness of the importance of indoor air quality, and the commercialization of more low-cost indoor air purifiers will further boost the development of novel air purifiers.
New analysis from Frost & Sullivan, Technologies Enabling Indoor Air Purification (http://www.frost.com/sublib/display-report.do?id=D6E0-01-00-00-00&src=PR), finds that in addition to outdoor air pollution, concerns regarding outbreaks of airborne diseases are driving the adoption of air purification technologies. The three major air purification technologies in the market are advanced air filtration, advanced photocatalytic oxidation and combined technologies. Of these, air filtration continues to be the most popular.
For complimentary access to more information on this research, please visit: http://corpcom.frost.com/forms/APAC_PR_CLow_D6E0_23Jun16.
Air pollution is a critical issue in India and China, with the latter reporting several deaths related to this hazard. Similarly, in Indonesia, agricultural fires frequently cause a haze that affects many parts of Southeast Asia such as Singapore, Malaysia and south of Thailand. Expectedly, there is a surge in the use of household air purifiers as citizens show urgency in protecting themselves against the deteriorating air quality.
"To tap the expanding market potential, technology developers are striving to enhance the efficiency of air purifiers while keeping costs low through the use of inexpensive materials," said TechVision Research Analyst Najhan Rahim. "Keeping costs competitive will be crucial since high installation and maintenance costs may cause indoor air purifiers to be tagged as luxury items."
Technology development is advancing at a rapid pace, with companies rolling out mixed technologies and artificial intelligence air purifiers. However, the commercial availability of air purifiers that do not comply with regulations, and produce hazardous by-products such as ozone, is restraining uptake. End users also tend to expect instant improvements in health once they install air purifiers, and are impatient with their slow effectiveness in alleviating allergies and asthma.
"Nevertheless, stringent quality controls and low-cost, energy-efficient technologies that can sterilize air quickly and effectively will enjoy huge success," noted TechVision Senior Industry Analyst Jennifer Tan. "In the near future, photocatalytic technologies such as filterless Airocide will find enthusiastic acceptance. Autonomous air purifiers too will be increasingly deployed, chiefly in offices, museums and large indoor spaces."
Technologies Enabling Indoor Air Purification, part of the TechVision (Clean & Green Environment) subscription, provides an overview of the indoor air purification industry, examines technology innovations and analyses opportunities in key application markets. The study includes indoor, built or covered environments, such as residential homes, offices and commercial buildings, hospitals, automobiles and industrial plants.
Frost & Sullivan's global TechVision practice is focused on innovation, disruption and convergence and provides a variety of technology based alerts, newsletters and research services as well as growth consulting services. Its premier offering, the TechVision program, identifies and evaluates the most valuable emerging and disruptive technologies enabling products with near-term potential. A unique feature of the TechVision program is an annual selection of 50 technologies that can generate convergence scenarios, possibly disrupt the innovation landscape, and drive transformational growth. View a summary of our TechVision program by clicking on the following link: http://ifrost.frost.com/TechVision_Demo.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Technologies Enabling Indoor Air Purification
Corporate Communications – Asia Pacific
P: +603 6204 5910
F: +603 6201 7402
Corporate Communications – Asia Pacific
P: +65 6890 0926
F: +65 6890 0999
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/strong-opportunities-await-manufacturers-offering-rapid-acting-energy-efficient-low-cost-air-purifiers-300301198.html
SOURCE Frost & Sullivan