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.
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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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