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Car Air Purifier Market 2023-2032: Product Valuation, Global Trends, Business Growth And Major Players| Honeywell International Inc., Sharp Corporation, Panasonic Corporation, Eureka Forbes Ltd., Koninklijke Philips N.V
Car Air Purifier Market
The Business Research Company's Car Air Purifier Global Market Report 2023 identifies significant pollution levels as the major driver for the Car Air Purifier Market's growth in the forecast period. Pollution level refers to air quality index which is an index used to report the air quality on a daily basis. Car air purifier protects passengers from contaminants in the air they breathe, as they help in the purification of polluted air to clean air.
The global car air purifier market size grew from $1.54 billion in 2022 to $1.91 billion in 2023 at a compound annual growth rate (CAGR) of 24.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the car air purifier is expected to grow to $4.3 billion in 2027 at a CAGR of 22.5%.
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Major competitors in the car air purifier market are Honeywell International Inc., Sharp Corporation, Panasonic Corporation, Eureka Forbes Ltd., Koninklijke Philips N.V., 3M, Purafill, Ionkini Technology (GZ) Co., Ltd., ADA Electrotech (Xiamen) Co., Ltd., Kent Ro Systems Ltd., Livpure Private Limited, Airbus Electronic Technology Co., Ltd., BlueAir, Denso Corporation, and Agcen Air Purifier.
A key trend in the Car Air Purifier Market includes technological advancement. Major companies operating in the market are introducing new products with innovative technologies such as dual technology to meet end customer demands and sustain their position in the market. For instance, in August 2022, Tata Motors, an India-based Automotive manufacturer, launched Air-o-Pure 95 Air Purifier. The Air-o-Pure 95 air purifier features an Active Carbon HEPA filter and a UV-C light to enhance air quality, eliminate volatile organic compounds, viruses, and bacteria, and filter out dangerous smoking. The purifier is attractively designed and fits easily into the cup holder position of any Tata vehicle.
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The Car Air Purifier Market is segmented -
By Technology: HEPA, Activated Carbon, Ionic filter
By Sales Channels: OEM, Aftermarket
By Vehicle Type: Economical, Medium Priced, Luxury
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Car Air Purifier Market.
The Business Research Company's "Global Car Air Purifier Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Car Air Purifier Market Include:
1. Executive Summary
2. Car Air Purifier Market Characteristics
3. Car Air Purifier Market Trends And Strategies
4. Car Air Purifier Market - Macro Economic Scenario
5. Car Air Purifier Market Size And Growth
……
26. Africa Car Air Purifier Market
27. Car Air Purifier Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Car Air Purifier Market
29. Car Air Purifier Market Future Outlook and Potential Analysis
30. Appendix
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