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The Global Automotive In-Vehicle Air Purifier Market Is Driven By Growing Atmospheric Pollution Level

global market is projected to reach $2,454 Million by 2024, from $1,188 Million in 2016
Kavya Borgaonkar | 02.05.2018
© Kavya Borgaonkar
Global Automotive In-Vehicle Air Purifier Market Report, published by Variant Market Research, estimate that global market is projected to reach $2,454 Million by 2024, from $1,188 Million in 2016, growing at a CAGR of 9.5% from 2016 to 2024.
To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/automotive/automotive-in-vehicle-air-purifier-market
Auto air purifiers utilizes either ozone, negative ions, or fan powdered filter technologies like HEPA. Car air purifiers are increasingly gaining popularity in several countries as environment is widely being affected by air pollutions. Moreover, future automotive in-vehicle air purifier market trend includes major manufacturers taking initiatives to promote these technologies that will aid in reducing the harmful effects of toxic air. For instance, Honeywell’s Air Cleaner Odor Emili reducesallergens with, dust, pollen, mold spores, dust mite debris, and smoke/odor, and pet dander. Adoption of these advanced technologies would significantly favor the automotive in-vehicle air purifier market size.
Increasing demand for clean & toxin free cabin air to drive the global automotive in-vehicle air purifier market
The global automotive in-vehicle air purifier market growth is primarily driven by factors such as growing need for clean& toxin free cabin air in emerging countries such as Singapore, Malaysia,and St. Helena, and growing atmospheric pollution level. Though, accessibility of limited global in-vehicle air purifier producers may hamper the market growth. Furthermore, advanced technology and development of low price air purifiers would provide ample opportunities for the growth of the automotive in-vehicle air purifier market in the coming years.
Market Segmentation
Product, vehicle, technology, and geography are the different segments of the global automotive in-vehicle air purifier market. Product segment comprises air ionizer, air purifier, and hybrid systems. Vehicle type segment includes passenger cars, light commercial vehicles, and heavy commercial vehicles. Additionally, technology segment has been further segmented into high efficiency particulate arrestor (HEPA) filter, active carbon system, and photo catalytic system. Based on geography, the market has been segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).
Get Table of Content (TOC) @https://www.variantmarketresearch.com/report-categories/automotive/automotive-in-vehicle-air-purifier-market/toc
Hybrid system is anticipated to grow at a fastest CAGR over the forecast period in theproduct segment
In 2016, the hybrid system is expected to grow at a fastest CAGR, driven by its high adoption in luxury vehicles. Though, Air purifier segment held the major market share followed by hybrid system.
Active carbon system is anticipated to grow at a fastest CAGR in the technology segment
In the technology segment,active carbon systemis expected to attain the fastest CAGR during the forecast period 2016 – 2024, driven by the fact that it is more effective in terms of eliminating cabin air pollution than HEPA systems in automobiles.
Asia-Pacific is anticipated to grow at a fastest CAGR over the forecast period
The global automotive in-vehicle air purifier market forecast that Asia-Pacific is expected to attain the fastest CAGR of 10.3% during the forecast period 2016 – 2024, driven by the growth in fleet of two wheelers, and passenger cars, mostly in Hong Kong, China which held major part of the total Asia-Pacific market.Asia-Pacific held the major market share in 2016, and it is expected to continue its dominance over the forecast period, followed by North America.
Competitive Landscape
Major players have used various strategies to increase automotive in-vehicle air purifier market share and global presence. The major companies operating in the automotive in-vehicle air purifier market are Sharp Electronics Corporation, ADA Electrotech (Xiamen) Co., Ltd, Eureka Forbes, Purafil, Inc., Panasonic Corporation, Diamond Air Purifiers, Koninklijke Philips N.V., Honeywell, Livpure Private Limited, and Kent RO Systems Ltd, 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
o US
o Canada
o Mexico
• Europe
o U.K.
o Italy
o France
o Germany
o Others
• Asia-Pacific
o China
o India
o Japan
o Australia
o Others
• RoW
o South America
o Middle East
o Africa
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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