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The global automotive air purifier market is anticipated to grow at a CAGR of around 9.6% during the forecast period 2020 to 2027 and to reach around US$ 1.7 Bn by 2027.
Market Dynamics
Flourishing automotive sector across the globe, increasing passenger vehicle sale in developing countries, and increasing air pollution is resulting demand for air purifier for clean & toxin-free cabin air this are major factors expected to drive the growth of global market. Air pollution is increasing at alarming rate on global level this is rising health concern among consumers. With the rising passenger vehicle adoption in developing countries consumers are opting for vehicles with advanced features. In addition, increasing player’s investment for R&D activities and approach towards introduction of advanced products with advanced features are among other factors expected to support the growth of target market.
However, factors such as high cost of air purification system and availability of low cost regional products are expected to hamper the growth of global automotive air purifier market. In addition, developing consumer demand and high cost associated to R&D activities is expected to challenge the growth of target market.
Technological advancements by major players and inclination towards developing countries in order to track the untapped market are expected to create new opportunities for players operating in the target market over the forecast period. In addition, increasing strategic partnership and agreements is another factor expected to revenue support the target market growth.
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to rising demand for luxury vehicles. In addition, presence of large number of players operating in the country and innovative product offerings is another factor expected to support the growth of target market. Increasing merger and acquisition activities by major players in order to enhance the customer base is another factors expected to support the growth of target market.
Asia Pacific is expected to witness faster growth in the near future owing to rising passenger vehicle sale. In addition, rising air pollution and player approach towards deploying advanced features in the vehicles is another factor expected to support the growth of target market.
High investment by major players for R&D activities and high product development activities are factors expected to positively impact the target market growth.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
Market |
Global Automotive Air Purifier Market |
Analysis Period |
2016 – 2027 |
Base Year |
2019 |
Forecast Data |
2020 – 2027 |
Market Stratification |
Product Type, Technology, Vehicle Type, End User and Geography |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Automotive Air Purifier Market Segment Analysis, 2019
The global automotive air purifier market is segmented into type, technology, vehicle type, and end use. The technology segment is further bifurcated into high-efficiency particulate arrestor (HEPA) filters, active carbon systems, and photo catalytic. The HEPA segment is expected to account for significant revenue share in the global market due to rising air pollution on global level and growing health concern among consumers. The vehicle type segment is further divided in to passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger vehicle segment is expected to account for major revenue share in the global market due to rising consumer spending and rising demand for passenger vehicles with advanced features.
The players profiled in the report Eureka Forbes, Honeywell, Diamond Air Purifiers, ADA Electrotech (Xiamen) Co., Ltd, Panasonic Corporation, Purafil, Inc., Livpure Private Limited, Powerseed, Mann+Hummel Filter Technology (S.E.A) Pte Ltd, Kent RO Systems Ltd, Koninklijke Philips N.V., Sharp Electronics Corporation, and Amke Technology Co., Ltd.
Market Segmentation
Market By Product Type
Market By Technology
Market By Vehicle Type
Market By End-User
Market By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
The global automotive air purifier market in 2027 is expected to be above US$ 1.7 Bn.
In vehicle type segment the passenger vehicle segment is growing at faster pace.
The CAGR of the global automotive air purifier market from 2020-2027 is above 9.6%.
In the global market the Asia Pacific region is expected to grow faster.
Some of the players considered in the report scope are Koninklijke Philips N.V., Sharp Electronics Corporation, and Amke Technology Co., Ltd.
Flourishing automotive sector across the globe, increasing passenger vehicle sale in developing countries, and increasing air pollution is resulting demand for air purifier for clean & toxin-free cabin air this are major factors expected to drive the growth of global market.
The report provides insights on global automotive air purifier market segment by product type, technology, vehicle type, end-user, and major geographic regions.
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