The automotive air purifier market is estimated to be USD 792.7 million in 2018 and is projected to reach a market size of USD 2,286.9 million by 2025, growing at a CAGR of 16.34% during the forecast period. The market is influenced by things like rising public awareness of healthcare issues, the consequences of air pollution on the environment, and the quickening of urbanization and industrialisation.
The Hybrid type segment is estimated to be the fastest growing market in the automotive air purifier market during the forecast period
A surge in public awareness of the health and environmental implications of air pollution is expected to drive the highest growth in the vehicle air purifier market for hybrid models. Rapid urbanization and industrialization have also accelerated the development of hybrid air purifier systems, which integrate many purifying modalities and offer superior performance over conventional systems.
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The HEPA segment is projected to be the largest market in the automotive air purifier market during the forecast period, by Technology
During the projection period, the HEPA sector is anticipated to be the automotive air purifier market’s largest market segment by volume. Ionic filters and activated carbon section come after the HEPA segment over the forecasted period. In contrast to activated carbon, which will experience significant growth in the vehicle air purifier industry, ionic filters will continue to develop steadily. The demand for HEPA and activated carbon in automobiles is anticipated to increase as awareness of the health affects and environmental consequences of air pollution grows.
Asia Pacific to be the fastest growing regional market for automotive air purifier market
By 2025, it is anticipated that Asia Pacific would have the fastest expanding market for car air purifiers. The rapidly expanding automobile industry in nations like China, Japan, South Korea, and India is responsible for the market expansion in the area. Additionally, the demand for passenger automobiles has increased due to the middle class population’s rapid growth, consumers’ improved lifestyles, and the expanding urbanization of the world. These elements are anticipated to fuel the market for automobile air purifiers in the area.
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Key Market Players
The key players in the automotive air purifier market are Panasonic (Japan), Denso (Japan) Bosch (Germany), 3M (US), Mahle (Germany), Mann+Hummel (Germany), Sharp (Japan), Honeywell (US), Koninklijke Philips (Netherlands), Eureka Forbes (India), Xiaomi (China), and others.
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