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Global automotive in-vehicle air purifier market is driven by rising air pollution level according to new research report

Global automotive in-vehicle air purifier market is driven by rising air pollution level according to new research report

The global automotive in-vehicle air purifier market is majorly driven by rise in demand for clean and toxin free cabin air, and increasing atmospheric pollution level are the major factors driving the global automotive in-vehicle air purifier market. However, availability of limited global in-vehicle air purifier manufacturers would act as a restraint for the market.

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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.

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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.

Report: www.variantmarketresearch.com/repo…rifier-market/toc

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.

Report: www.variantmarketresearch.com/repo…et/sample-request

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 ResearchVariant Market Research
Category: Market Research Publishers and RetailersCompany profile: Variant Market Research offers syndicated and customized report to fulfill client’s objective. We also provide customized data pack proposing market sizing in an Excel/PDF/Power point 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 Equipmen ...