Global Automotive
In-Vehicle Air Purifier Market was
valued at $1,188 million in 2016 and expected to reach $2,454 million by 2024,
growing at a CAGR of 9.5% from 2016 to 2024. In geographical segments,
Asia-Pacific and Europe are expected to grow at a CAGR of 10.3% and 9.8%,
respectively, over the forecast period 2016 – 2024.
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The
automotive in-vehicle air purifier market is majorly driven by growing demand
for clean & toxin-free cabin air and rising air pollution level globally, growing
awareness among automobile consumers about the value of air filter for purified
air. Though, minimum manufactures in global air purifier may restraint the
growth of the market. Expansion of low cost air purifiers and technological
advancement would provide several growth opportunities for the market in the
upcoming years.
The
global automotive in-vehicle air purifier market is segregated into product,
technology, vehicle, and geography. Product segment comprises air ionizer, air
purifier, and hybrid systems. Technology segment includes high efficiency
particulate arrestor (HEPA) filter, active carbon system, and photo catalytic
system. Furthermore, vehicle type consists light commercial vehicles, passenger
cars, and heavy commercial vehicles. Air purifier segment held the largest market
share in 2016, followed by hybrid system. Though, the hybrid system is expected
to grow at the highest growth rate driven by popularity of luxury vehicles.
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North
America, Europe, Asia-Pacific and Rest of the World (RoW) are the major regions
covered in this report. Asia-Pacific accounted for the largest market share in
2016, and it is expected to maintain its dominance over the forecast period.
China accounted for more than half of the total Asia-Pacific market driven by surge
in fleet of two wheelers and passenger cars. In terms of growth, Asia-Pacific
is anticipated to grow at the fastest CAGR of 10.3% during the forecast period
2016-2024.
The major
key players in the automotive in-vehicle air purifier market are Purafil, Inc.,
Kent RO Systems Ltd, Eureka Forbes, Panasonic Corporation, Koninklijke Philips
N.V., Diamond Air Purifiers, Sharp Electronics Corporation, ADA Electrotech
(Xiamen) Co., Ltd, Honeywell, and Livpure Private Limited, among others.
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Scope of Automotive
In-Vehicle Air Purifier Market
Product Segments
- Air
Ionizer
- Air
Purifier
- Hybrid
Technology Segments
- Photo
Catalytic
- Active
Carbon Systems
- High-Efficiency
Particulate Arrestor (HEPA) Filters
Vehicle Segments
- Light
Commercial Vehicles
- Heavy
Commercial Vehicles
- Passenger
Cars
Geographical Segments
- North
America
- US
- Canada
- Mexico
- Europe
- U.K.
- Italy
- France
- Germany
- Others
- Asia-Pacific
- China
- India
- Japan
- Australia
- Others
- RoW
- South
America
- Middle
East
- Africa
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Variant Market
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Yogesh Godse
Head - Digital Marketing & Media
Variant Market Research
Web: https://www.variantmarketresearch.com
Tel: +1-415-680-2785
Tel: +91 20 65337795
Fax: +1-415-680-2786
Email: help@variantmarketresearch.com
Email: sales@variantmarketresearch.com
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