Automotive InVehicle Air Purifier Market
Opportunities and Forecasts, 2014- 2022
Automotive In-Vehicle Air Purifier Market: Future & Growth • Global Opportunity Analysis and Industry Forecast, 20142022, projects that the global automotive in-vehicle air purifier market is expected to reach $2,010 million by 2022
• Passenger cars are anticipated to dominate the market throughout the analysis period • Asia-Pacific is expected to lead, accounting for approximately 36% share of the automotive in-vehicle air purifier market in 2015 • The market of hybrid systems is anticipated to witness the highest growth, with a CAGR of 10.2% from 2016 - 2022 • Air ionizer will experience a notable CAGR of over 9% during the forecast period (2016-2022) • As of 2015, HEPA generated the largest revenue, among all the technologies, owing to its advantages such as high efficiency rate
Automotive In-Vehicle Air Purifier Market: Factor Contributing to Market Growth • Demand for clean & toxin-free cabin air and increase in air pollution level worldwide • Development of advance and low cost air purifier system • High efficiency rate and wide availability due to a large number of global manufacturers worldwide • Major cities are prone to smog and high pollutant concentrations owing to traffic congestion and increased emissions, which gives rise to the need for installation of onboard air purifiers or ionizers to purify the cabin air from harmful toxicants
Automotive In-Vehicle Air Purifier Market: Key Factors • In 2015, the passenger cars segment led the global automotive in-vehicle air purifier market, accounting for around 80% of the revenue. • Air purifier segment would lead the market throughout the analysis period • Hybrid system segment is anticipated to witness the highest growth, exhibiting a CAGR of 10.2% from 2016 – 2022 • Asia-Pacific dominates the automotive in-vehicle air purifier market, with China being the leading market
Automotive In-Vehicle Air Purifier Market Segmentation BY PRODUCT TYPE • Air Purifier • Air Ionizer • Hybrid
BY TECHNOLOGY
BY VEHICLE TYPE
• HighEfficiency Particulate Arrestor (HEPA) Filters • Active Carbon Systems • Photo Catalytic
• Passenger Cars • Light Commercial Vehicles • Heavy Commercial Vehicles
Automotive In-Vehicle Air Purifier Market Segmentation Geographically, the market is segmented into • Asia-Pacific held the largest automotive in-vehicle air purifier market share in 2015 • LAMEA is expected to unfold various opportunities for the key players in the future • The growth of automotive in-vehicle air purifier industry in the region is driven by increased adoption of European environmental rules and regulation and exponential rise in sales and manufacturing of vehicle fleet in China, Japan, and India • Other regions generating market revenue are North America & Europe
Automotive In-Vehicle Air Purifier Market: Key Players
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Kent RO Systems Ltd Koninklijke Philips N.V. Sharp Electronics Corporation Eureka Forbes Honeywell Diamond Air Purifiers ADA Electrotech (Xiamen) Co., Ltd Panasonic Corporation Purafil, Inc. Livpure Private Limited Powerseed Mann+Hummel Filter Technology (S.E.A) Pte Ltd Amke Technology Co., Ltd Xiaomi Airbus Electronic Technology Co., Ltd.
Summary: Air Purifiers are becoming increasingly popular among the personal vehicle owners and transport providers, owing to the continuously rising levels of air pollution and growing inclination towards creating a pleasant environment within the vehicle to enhance the driving/travelling experience. Among the different technologies used, Active Carbon Systems are gaining notable adoption owing to the high efficiency of air purification provided by these systems. Asia-Pacific, particularly China and India, and Middle East have enormous opportunities for the players operating in the in-vehicle air purifier market, as the untapped potential customer base is high in these regions
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