Car Air Purifier Market Analysis, Current Trends, and Top Players
The factors influencing the growth of market are increase in demand for the private vehicles, low cost and portability of light air purifiers and innovation in technology.
(firmenpresse) - Global car air purifier market is expected to witness significant growth at a CAGR of 9.43% in the forecast period due to the increasing awareness of air pollution and associated health issues. Car air purifier is an innovative technology that effectively removes harmful pollutants like allergens, dust, exhaust fumes, chemicals emitted from plastics and cigarette smoke from the vehicle. With quality compact design and automatic features, these purifiers will help in intake of purified and fresh air.
The factors influencing the growth of market are increase in demand for the private vehicles, low cost and portability of light air purifiers and innovation in technology. Moreover, deteriorating quality of air due to pollution, increase in breathing issues and rise in consumer awareness are also fueling the growth of car air purifier market. However, non-standardized products are restraining the market growth.
One of the major trends witnessed by the market is development of multi-functional, simplified and compact products that improve car quality. Leading manufacturers are investing heavily in research & development for more innovative products. Nevertheless, in future, increased standardization of products will encourage manufacturers to install on board purifiers as a mandate accessory that will provide lucrative opportunities in the market.
The market is categorized on the basis of product, vehicle type, technology and geography. On the basis of product, market is divided into air lonizer, air purifier and hybrid purifier (air lonizer and air purifier). Air purifier segment is expected to lead in the forecast period owing to the growing adoption of air purifiers by manufacturers as a standard accessory in vehicles.
Based on vehicle type, market is divided into light commercial vehicle, passenger car and heavy commercial vehicle. Passenger car segment is anticipated to lead the market owing to the increase in demand and inclination towards safer driving methods. In terms of technology, market is bifurcated into active carbon system, high efficiency particulate arrestor (HEPA) and photo catalytic. Hybrid purifier segment is expected to hold larger share of the market due to its approval and acceptance from the end users.
Geographically, the market is segmented as car air purifier market North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Asia Pacific segment is anticipated to dominate in the coming years owing to increasing government initiatives for promoting cleaner environment by reducing the harmful effects. Europe is also expected to lead in future due to the presence of large number of manufacturers that support car air purifiers.
The leading players in car air purifier market comprise 3M, Philips, SHARP CORPORATION, Jingcheng Technology (GZ) Co., Ltd., EcomVentures (Eco Breeze), Panasonic Corporation, Agcen, Purafil, Ionkini Technology (GZ) Co., Ltd., Cixi Landsign Electric Appliance Co., Ltd., Huizhou Peak Points Technology Co., Ltd. and Vosson.
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Datum: 07.08.2019 - 10:58 Uhr
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Date of sending: 07.08.2019
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