In a recent published report, Kenneth Research has updated the market report for Automotive In-Vehicle Air Purifier Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
According to the statistics by the Organization for Economic Co-operation and Development (OECD), the United States recorded to be the largest exporters of international trade in services amongst all the OECD nations with a value worth USD 827 billion in the year 2018.
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Global Automotive In-Vehicle Air Purifier Market is estimated to reach $2,454 Million by 2024; growing at a CAGR of 9.5% from 2016 to 2024. Automotive in-vehicle air purifiers have extended from passenger cars to light and heavy commercial vehicles. Cars, school buses, trucks, and other private & public transport vehicles are increasingly installing these purifiers in order to safeguard the driver as well as passengers. Adoption of in-vehicle air purifier is rapidly increasing in the developing economies such as China, as the country is widely affected by air pollution. The government and automobile manufacturers are taking initiatives to promote the technologies that will help in reducing the harmful effects of toxic air. Rise in air pollution level globally has led to surge in demand for clean cabin air which show an increased automotive in-vehicle air purifier market trend.
Increase in air pollution has led to surge in demand for clean and toxin free cabin air. It is among the major factors driving the global automotive in-vehicle air purifier market. However, less number of global in-vehicle air purifier manufacturers would act as a restraint for the market. Technological advancement and development of low cost air purifiers would provide several growth opportunities for the market in the coming years.
The global automotive in-vehicle air purifier market is bifurcated by product type, technology, and vehicle type. By product type, the market is further categorized into air purifier, air ionizer, and hybrid systems. By technology, the market is segmented into high efficiency particulate arrestor (HEPA) filter, active carbon system, and photo catalytic system. By vehicle type, the market is segregated into passenger cars, light commercial vehicles, and heavy commercial vehicles. By product type, air purifier segment accounted for the largest market share in 2016, followed by hybrid system. However, the hybrid system is anticipated to grow at the highest growth rate due to its increased adoption in luxury vehicles. Geographically the market is categorized into North America, Europe, Asia-Pacific, and Rest of the World (RoW).
Geographically, the global automotive in-vehicle air purifier market has been segmented into North America, Europe, Asia-Pacific and (RoW). The U.S., Mexico and Canada are covered under North America wherein Europe covers UK, France, Germany, Italy, and others. Asia-Pacific covers China, India, Japan, Australia, and others. Rest of the World (RoW) covers South America, Middle East and Africa.
Major key players operating in the automotive in-vehicle air purifier market are, Eureka Forbes, Purafil, Inc., Kent RO Systems Ltd, Panasonic Corporation, Diamond Air Purifiers, Koninklijke Philips N.V., Sharp Electronics Corporation, Honeywell, ADA Electrotech (Xiamen) Co., Ltd, and Livpure Private Limited, among others.
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The key takeaways from the report
The report will provide detailed analysis of Automotive In-Vehicle Air Purifier Market with respect to major segments such as product type, technology type and vehicle type
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities of the global Automotive In-Vehicle Air Purifier Market
An exhaustive regional analysis of Automotive In-Vehicle Air Purifier Market from 2015 to 2024 has been included in the report
Profile of the key players in the Automotive In-Vehicle Air Purifier Market, will be provided, which include key financials, product & services, new developments and business strategies
Scope of Automotive In-Vehicle Air Purifier Market
Product Type Segments
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Air Ionizer
Air Purifier
Hybrid
Technology Type Segments
Photo Catalytic
Active Carbon Systems
High-Efficiency Particulate Arrestor (HEPA) Filters
Vehicle Type Segments
Light Commercial Vehicles
Heavy Commercial Vehicles
Passenger Cars
Geographical Segments
North America
US
Canada
Mexico
Europe
UK
France
Germany
Italy
Others
Asia-Pacific
China
India
Japan
Australia
Others
RoW
South America
Middle East
Africa
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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