Market Size of Automotive Air Purifier Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 10.50 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Automotive Air Purifier Market Analysis
The automotive air purifier market is valued at USD 1.43 billion in 2021, and it is expected to reach USD 2.60 billion by 2027, registering a CAGR of 10.5% in terms of revenue during the forecast period.
The COVID-19 crisis has compelled about 95% of all automotive-related companies to put their workforces on hold during the lockdowns. Globally, the repercussions of the COVID-19 crisis are immense and unprecedented. The impact is evident in the auto industry as many companies faced disturbances with their production activities and supply chain. As they navigate this crisis, the OEMs are positive about the post-pandemic period as they expect the economies to revive and help the market growth.
Over the long term, rapid urbanization has increased the number of vehicles and traffic congestion, which has led to increased air pollution, a rise in living standards of the people, which allows them to spend more on cleanliness and sanitization techniques around them, and increased awareness about the health issues amongst end users are the major factors driving the market growth.
As global cities face a decrease in air quality, the demand for automotive air purifiers is subsequently rising. With the use of cutting-edge technologies, these automotive air purifiers improve the quality of air inside vehicles by removing allergens and odors, they do not allow bad smells to linger nor do they have side effects on health. Increasing health awareness among people is helping the market grow.
However, the global automotive air purifier market is expected to be hampered by factors such as the high cost of the system and the availability of inexpensive regional products.It is also anticipated that rising consumer demand and the high cost of R&D will impede the expansion of the target market.
Over the forecast period, new opportunities are anticipated to be created for players operating in the target market by major players' technological advancements and inclination toward developing nations in order to track the untapped market.
Automotive Air Purifier Industry Segmentation
The automotive air purifier is designed to filter the air quality inside the vehicle and helps people who have allergies. With an introduction to new technologies, the air purifier can reduce odors, pathogens, and all microscopic pollutants.
The automotive air purifier market is segmented into Vehicle Type, Technology, Sales Channel, and Geography.
Based on the Vehicle Type, the market is segmented into Passenger Cars And Commercial Vehicles.
Based on the Technology, the market is segmented into HEPA, Activated Carbon, And Ionic Filter.
Based on the Sales Channel, the market is segmented into OEM And Aftermarket.
Based on Geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
For each segment, the market sizing and forecast have been done on the basis of value (USD Billion).
Vehicle Type | |
Passenger Cars | |
Commercial Vehicles |
Technology | |
HEPA | |
Activated Carbon | |
Ionic Filter |
Sales Channel | |
OEM | |
Aftermarket |
Geography | |||||||
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Automotive Air Purifier Market Size Summary
The automotive air purifier market is experiencing significant growth, driven by increasing urbanization, rising vehicle ownership, and heightened awareness of air quality and health issues. As global cities grapple with deteriorating air quality, the demand for automotive air purifiers is on the rise. These devices utilize advanced technologies to enhance the air quality within vehicles by eliminating allergens and odors, contributing to a healthier driving environment. The market is further bolstered by the growing inclination of consumers towards cleanliness and sanitization, as well as the rising living standards that enable greater spending on such technologies. However, the market faces challenges due to the high cost of air purification systems and the availability of cheaper regional alternatives, which could impede its expansion.
The Asia-Pacific region is poised to be the largest market for automotive air purifiers, driven by high automobile sales and a significant rate of adoption of in-car air purifiers. This region, home to some of the most polluted cities globally, sees increased investment from both consumers and automakers in air purification technologies. Government regulations and initiatives aimed at reducing air pollution further support market growth. The market is characterized by fragmentation, with numerous players like Panasonic, 3M, Honeywell, and Denso vying for market share. These companies are heavily investing in research and development to innovate and enhance their product offerings. Collaborative efforts, such as those between MANN+HUMMEL and Mercedes-Benz, highlight the ongoing advancements in filter technology, which are expected to drive the market forward.
Automotive Air Purifier Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD Billion)
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2.1 Vehicle Type
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2.1.1 Passenger Cars
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2.1.2 Commercial Vehicles
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2.2 Technology
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2.2.1 HEPA
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2.2.2 Activated Carbon
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2.2.3 Ionic Filter
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2.3 Sales Channel
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2.3.1 OEM
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2.3.2 Aftermarket
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Rest of North America
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 India
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2.4.3.2 China
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2.4.3.3 Japan
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2.4.3.4 South Korea
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 Rest of the World
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2.4.4.1 Brazil
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2.4.4.2 Mexico
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2.4.4.3 United Arab Emirates
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2.4.4.4 Other Countries
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Automotive Air Purifier Market Size FAQs
What is the current Automotive Air Purifier Market size?
The Automotive Air Purifier Market is projected to register a CAGR of 10.5% during the forecast period (2024-2029)
Who are the key players in Automotive Air Purifier Market?
Honeywell International Inc. , Panasonic Corporation, Eureka Forbes Ltd, Denso Corporation and 3M are the major companies operating in the Automotive Air Purifier Market.