Press release
Automotive Air Purifier Market Share 2021: Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2027 - Panasonic, Denso, Bosch, 3M, Mahle
The Automotive Air Purifier Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Automotive Air Purifier Market Size is Projected to Reach at a CAGR of 17% during 2021-2027.
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Market Overview:
The COVID-19 crisis has compelled about 95% of all automotive-related companies to put their workforces on hold during the lockdowns. Globally, the repercussions of the COVID-19 crisis are immense and unprecedented. The impact is clearly evident on the auto industry as many companies faced disturbances with their production activities and supply chain. As they navigate this crisis, the OEM's are positive about the post-pandemic period as they expect the economies to revive and help the market growth.
Rapid urbanization has increased the number of vehicles and traffic congestion, which has led to increased air pollution, rise in living standards of the people, which allows them to spend more on cleanliness and sanitization techniques around them, and increased awareness about the health issues amongst end users are the major factors driving the market growth.
As the global cities face a decrease in air quality, the demand for automotive air purifiers is subsequently rising. With the use of cutting-edge technologies, these automotive air purifiers improve the quality of air inside vehicles by removing allergens and odours, they do not allow bad smells to linger nor do they have side effects on health. Increasing health awareness among people is helping the market growth.
Top Leading Companies:
Panasonic, Denso, Bosch, 3M, Mahle, Mann+Hummel, Sharp, Honeywell, Philips, Eureka Forbes, Xiaomi, Toyota Boshoku, Freudenberg, Ecomventures, Xiamen Airbus Electronic Technology, Oransi, Guangzhou Olansi Healthcare, Diamond Air Purifier, Yadu, Incen
Recent Development:
Freudenberg Filtration Technologies, a part of Freudenberg Group, announced the launch of its vehicle cabin air filters in India, which it claims to be 100% effective against surfaces strained with viruses, including SARS-CoV-2.
Eureka Forbes launched Aeroguard car air purifiers equipped with an active shield. The patented advanced multi-layered purification process eliminates sub-micron respirable particles, dust, fumes, VOCs, pollen, and activated carbon filter.
In April 2021, Kronos Advanced Technologies Inc. announced the first generation of its limited-edition NUMBERED AirDOGE™ air purifiers. These purifiers terminate and collect more than 99.9% of infectious airborne viruses, bacteria, and mould utilizing the world's most advanced air purification combined with disinfection technology.
A new air filtration system developed by Jaguar Land Rover inhibits viruses and bacteria from entering a car’s cabin with up to 97% effectiveness. The company says the technology has also been proven to be effective against COVID-19.
Panasonic has acquired 19 companies, including 10 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 7 assets. Panasonic’s largest acquisition to date was in 2021 when it acquired Blue Yonder for $8.5B. Its largest disclosed sale occurred in 2013 when it sold PHC Holdings to KKR for $1.7B. Panasonic has acquired in 9 different US states, and 8 countries. The Company’s most targeted sectors include software (28%) and electronics (17%).
Automotive Air Purifier Market Segmentation by Type:
HEPA
Activated Carbon
Photocatalytic
Lonic Filter
Automotive Air Purifier Market Segmentation by Application:
Economy Priced Vehicle
Mid-priced Vehicle
Luxury Vehicles
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Asia-Pacific is expected to be the Biggest Market
With about 60% of the world population, the Asia-Pacific region is expected to be the largest market for automotive air purifier systems owing to the factors such as the automobiles sales in the region are expected to be the highest in this region during the forecast period. It is expected that automobile sales will grow at a considerable rate. One other major factor is that the region is home to some of the most polluted cities in the world. With such bad air quality, people and auto-makers are expected to spend more on this product and drive the market's growth. Moreover, laws and regulations enforced by the governments regarding passenger ergonomics and health supplement the automotive in-vehicle air purifier industry growth in Asia-Pacific. With a steady rise in income levels of people in the region because of the fast-growing economies globally, they are expected to spend more on luxury and health-related equipment that includes premium and luxurious vehicles. These vehicles almost always contain better air purifying equipment, which in turn is another factor expected to help the market.
Regional Automotive Air Purifier Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Automotive Air Purifier Market Report:
Detailed overview of Automotive Air Purifier Market
Changing the Automotive Air Purifier market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Automotive Air Purifier market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Automotive Air Purifier Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Automotive Air Purifier Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Automotive Air Purifier industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
We Offer Customization on Report Based on Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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