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Global Automotive
In-Vehicle Air Purifier Market is Estimated to Reach $3 Billion by 2025
Global automotive
in-vehicle air purifier market report published by
Accurize Market Research forecast that the global market is expected to reach
$X3 billion by 2025; growing at a CAGR of 9.5% from 2017 to 2025. By geography,
the Asia Pacific and Europe are expected to grow at a CAGR of 10.3% and 9.8%,
respectively, during the forecast period.
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Increasing in demand
for clean and toxin-free cabin air across the globe to drive the growth of the
market
The upsurge in demand for
clean and toxin-free cabin air fuels the demand for the global automotive
in-vehicle air purifier market. Moreover, increasing atmospheric pollution level also boosts the growth of the market.
Market Segmentation
The global automotive
in-vehicle air purifier market has been bifurcated on the basis of product
type, technology, vehicle type, and geography. By product type, the market is
further segmented into the air purifier, air ionizer, and hybrid systems. By
technology, the market is categorized into high-efficiency particulate arrestor
(HEPA) filter, active carbon system, and photocatalytic system. By vehicle
type, the market is segregated into passenger cars, light commercial vehicles,
and heavy commercial vehicles.
By geography, the market is
segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW).
The U.S., Mexico, and Canada are covered under North America wherein Europe
covers the UK, France, Germany, Italy, and others. Asia-Pacific covers China,
India, Japan, Australia, and others. Rest of the World (RoW) covers South
America, the Middle East, and Africa.
Customize Report:
“Air purifier
accounted for the largest market share in the product type segment", says
Accurize
Byproduct type segment, Air
purifier accounted for the largest market share in 2017, followed by the hybrid
system. However, the hybrid system is anticipated to grow at the highest growth
rate due to its increased adoption in luxury vehicles.
“Asia-Pacific
dominated the global market with the highest market share over the forecast
period", says Accurize
In 2017, Asia-Pacific
accounted for the largest market share, and it is anticipated to maintain its
dominance during the forecast period. The growth is majorly attributed to the
increase in the fleet of passenger cars and two-wheelers, mainly in China which
accounted for more than half of the total Asia-Pacific market. North America accounted
for the second-largest market share in 2017. In terms of growth, Asia-Pacific
is expected to grow at the fastest CAGR of 10.3% during the forecast period
2017-2025.
Top players in the
market
The key market players
include Eureka Koninklijke Philips N.V., Sharp Electronics Corporation,
Honeywell, Ltd, Forbes, Purafil, Inc., Kent RO Systems Ltd, Panasonic
Corporation, Diamond Air Purifiers, ADA Electrotech (Xiamen) Co., and Livpure
Private Limited, among others.
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