PUBLISHER: Value Market Research | PRODUCT CODE: 1578229
PUBLISHER: Value Market Research | PRODUCT CODE: 1578229
The global demand for Automotive In-Vehicle Air Purifier Market is presumed to reach the market size of nearly USD 6133.84 Million by 2032 from USD 1940.67 Million in 2023 with a CAGR of 13.64% under the study period 2024-2032.
Automotive in-Vehicle air purifiers refer to the equipment used to remove contaminants from the air within the car. This avoids the risk of allergens, removes unwanted odours and cuts out excess carbon dioxide. They have automated power adjustment depending on air quality and separate LED installation for each power mode. The technologies used in these vehicle air purifiers include HEPA filters and ionizers. They have fans for circulating the air through the filters. They also help in getting rid of pet dander. It helps people to breathe fresh air and rejuvenate their mood.
The key factor driving the demand for the automotive in-vehicle air purifier market is the rising sales of vehicles in emerging countries. Increasing industrialization and urbanization are contributing to the growth of this market. The growing trend of adoption of multifunctional in-vehicle air purifiers with features including Bluetooth speakers, lights, air conditioners to cool and dehumidifiers is fostering the demand for this market. Major players in the market are investing in R&D activities to manufacture augmented products for the coming years. As the awareness about the ill-effects of traditional modes of transport is rising among the customers, demand for automotive in-vehicle air purifiers is anticipated to rise. However, the high cost of air purifiers and emission of Ozone gas from the air purification system are two major factors which may restrict the growth of this market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Automotive In-Vehicle Air Purifier. The growth and trends of Automotive In-Vehicle Air Purifier industry provide a holistic approach to this study.
This section of the Automotive In-Vehicle Air Purifier market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Automotive In-Vehicle Air Purifier market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Automotive In-Vehicle Air Purifier market include 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, Powered, Mann+Hummel Filter Technology (S.E.A) Pte Ltd, Amke Technology Co. Ltd, Xiaomi, Airbus Electronic Technology Co. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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