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2023 Car Air Purifier Market Global Industry Analysis, Business Development, Size, Forecast To 2032

Car Air Purifier Market

Car Air Purifier Market

As per The Business Research Company's Car Air Purifier Opportunities And Strategies Market Report 2023, The car air purifier market reached a value of nearly $1,541.3 million in 2021, having grown at a compound annual growth rate (CAGR) of 6.6% since 2016. The market is expected to grow from $1,541.3 million in 2021 to $2,613.4 million in 2026 at a rate of 11.1%. The market is then expected to grow at a CAGR of 9.1% from 2026 and reach $4,042.9 million in 2031.

The rise in car sales is expected to contribute to the growth of the car air purifier market in the forecast period. Car sales are increasing due to increasing personal income, steady vehicle availability, increasing demand for automobiles, and others. The increase in car sales will also reflect in the increased demand for car air purifiers as they are essentially needed to keep the flow of air within the car clean and safe for people onboard. Moreover, automobile manufacturers are having an in-built feature of air purifiers within the cars to offer safety to customers while also complying with pollution norms of authorities in certain countries. For example, according to the Center for Automotive Research (CAR), a German non-profit organization providing research, trends, new methodologies, and advising on public policy, European car sales are expected to reach 70.8 million in 2023, 73.4 million in 2024 and 75.4 million by 2025. Hence, the rise in car sales will drive the growth of the car air purifier market in the forecast period.

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The development of air purification systems mainly for electric vehicles is a key trend gaining popularity in the car air purifiers market. Major companies operating in car air purifiers are introducing various products to strengthen their position in the market. For instance, in October 2022, Audi, a Germany-based automotive company unveiled its development of an urban air purification system for electric vehicles. The urban air purifier can help an electric vehicle, itself a zero-emissions vehicle, filter the city's air as it drives. The unique features include a replaceable filter that can be changed during the vehicle's service, the system passively filters the air without using electricity, and also can be used to actively clean air while the EV is plugged in.

The top opportunities in the car air purifier market segmented by technology will arise in the HEPA segment, which will gain $731.0 million of global annual sales by 2026. The top opportunities in segment by sales channel will arise in the aftermarket segment, which will gain $678.4 million of global annual sales by 2026. The top opportunities in segment by vehicle type will arise in the economic segment, which will gain $638.9 million of global annual sales by 2026. The car air purifier market size will gain the most in China at $228.7 million

Car Air Purifier Market Segmentation:
The Car Air Purifier market is segmented by technology, by vehicle type, and by sales channel
By Technology
a) HEPA
b) Activated Carbon
c) Ionizer
d) Other Technologies

By Vehicle Type-
a) Economical
b) Medium Priced
c) Luxury

By Sales Channel-
a) OEM
b) Aftermarket

Major players in the Car Air Purifier market include Sharp Corporation, Koninklijke Philips N.V., 3M, Xiaomi Corporation, BlueAir

The regions covered in the global Car Air Purifier market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global Car Air Purifier Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Car Air Purifier Market Report Table Of Content
1 1.Executive Summary
2.Table Of Contents
3.List Of Figures
4.List Of Tables
5.Report Structure
.......
18. Competitive Landscape and Company Profiles
19. Key Mergers and Acquisitions
20. Global Car Air Purifier Market Opportunities And Strategies
21.Car Air Purifier Market, Conclusions And Recommendations
22.Appendix

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https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8667

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