Car Air Purifier Market size is set to grow by USD 1.05 billion from 2024-2028, Technology innovation leading to product premiumization to boost the market growth, Technavio

NEW YORK, June 10, 2024 /PRNewswire/ -- The global car air purifier market size is estimated to grow by USD 1.05 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  8.99%  during the forecast period. Technology innovation leading to product premiumization is driving market growth, with a trend towards growth in multifunctional car air purifier. However, high price sensitivity of consumers poses a challenge. Key market players include 3M Co., Airthereal.com, Coway, DENSO Corp., Eureka Forbes Ltd., Filtration Group Corp., Guangzhou Ionkini Technology Co. Ltd., Honeywell International Inc., KENT RO Systems Ltd., Koninklijke Philips N.V., Newell Brands Inc., Panasonic Holdings Corp., Power4 Industries Ltd., Qubo, SAR Group, Sharp Corp., Shenzhen Agcen Environmental Protection Technology Co. Ltd., Unilever PLC, Xiamen Airbus Electronic Technology Co. Ltd., and Xiaomi Communications Co. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies - View the snapshot of this report

Key Market Trends Fueling Growth

The car air purifier market is experiencing growth due to the increasing demand for multifunctional, compact, and user-friendly products. Vendors are offering air purifiers with added features such as air conditioning, fan circulation, dehumidification, and fragrance enhancement. Leading companies are investing in research and development to create more advanced products that freshen the air with desirable scents. This trend towards multi-functionality is positively impacting the market and is expected to continue during the forecast period. 

The Car Air Purifier market is experiencing significant growth due to increasing consumer awareness about indoor air quality. Technologies like HEPA filters, activated carbon filters, and UV lights are commonly used in car air purifiers. These technologies help remove pollutants such as dust, allergens, and odors from the cabin air. The trend towards sustainable and eco-friendly products is also driving demand for car air purifiers with reusable filters.

Additionally, the integration of Bluetooth connectivity and smart features in car air purifiers is making them more convenient and popular among consumers. The market is expected to continue growing as more people prioritize their health and the health of their vehicles. Car manufacturers are also recognizing this trend and are offering car air purifiers as standard features in new models. Overall, the car air purifier market is an exciting space to watch for innovations and advancements. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

• The price sensitivity of consumers in developing countries significantly impacts the growth of the global car air purifier market. In countries like India, China, Brazil, Argentina, Egypt, and South Africa, consumers prioritize affordability over premium products. Due to the low purchase criticality of air purifiers, consumers exhibit high price sensitivity, leading to low buying aspiration.
• As a result, market penetration for car air purifiers is lower in these economies compared to developed countries. Manufacturers in developing economies face pricing challenges, as they must reduce product prices to increase market share, compromising profit margins. This price challenge is expected to hinder market growth during the forecast period.
• The Car Air Purifier market faces several challenges. Technological advancements in filters and sensors enable better air quality, but cost remains a significant barrier for mass adoption. Consumers seek affordable solutions without compromising performance. Additionally, regulations on emissions and air quality standards vary across regions, creating complexities in manufacturing and compliance.
• Furthermore, consumer awareness and education about the benefits of car air purifiers are essential to drive demand. Lastly, integrating these devices with existing car infotainment systems can be a challenge, requiring collaboration between automakers and air purifier manufacturers.

For more insights on driver and challenges - Download a Sample Report

Segment Overview 

1. Product 
• 1.1 Counter-up
• 1.2 Built-in
2. Technology 
• 2.1 HEPA filters
• 2.2 Ionizers and ozone generators
• 2.3 Others
3. Geography 
• 3.1 Europe
• 3.2 APAC
• 3.3 North America
• 3.4 South America
• 3.5 Middle East and Africa

1.1 Counter-up-  Car air purifiers in the counter-up segment have gained popularity due to their convenience and versatility. These removable devices can be placed on car dashboards or vents and come with refill packages for various fragrances. The global CAP market saw high penetration of this segment in developed regions and emerging economies in 2023. The counter-up segment is projected to grow rapidly and significantly contribute to market expansion during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 - 2022)  - Download a Sample Report

Research Analysis

The car air purifier market is experiencing significant growth due to increasing health consciousness among consumers and regulatory standards for reducing air pollution in vehicles. Advanced technologies, such as ionizers, purifiers, and activated carbon filters, are being employed by both OEMs and aftermarket automotive suppliers to combat pollutants, dust, allergens, bacteria, odors, and air pollution in cabins. Electric vehicles and hybrids, with their quieter cabins, are also driving demand for these systems. Ionic fiber and activated carbon are popular filtration materials used in these systems to effectively remove pollutants and maintain a clean and fresh cabin environment.

Market Research Overview

The Car Air Purifier Market refers to the industry dedicated to producing and supplying air purification systems for vehicles. These systems utilize various technologies such as HEPA filters, activated carbon, and ionizers to remove pollutants and improve indoor air quality. The market is driven by increasing consumer awareness of the health risks associated with poor air quality, both outside and inside the car.

Additionally, the growing trend of electric and hybrid vehicles, which often have closed cabins and produce unique odors, is fueling demand for car air purifiers. The market is also influenced by factors such as government regulations, technological advancements, and consumer preferences. Overall, the car air purifier market is expected to grow significantly in the coming years due to these factors.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

• Product
• Counter-up
• Built-in
• Technology
• HEPA Filters
• Ionizers And Ozone Generators
• Others
• Geography
• Europe
• APAC
• North America
• South America
• Middle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED