Dublin, Sept. 08, 2022 (GLOBE NEWSWIRE) -- The "Automotive In-Vehicle Air Purifier Market By Product Type, By Technology, By Vehicle Type, By Sales Channel: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.
The automotive in-vehicle air purifier market was valued at $3.6 billion in 2020, and is estimated to reach $9.7 billion by 2030, growing at a CAGR of 10.8% from 2021 to 2030.
An automotive in-vehicle air purifier is similar to a room air purifier that serves as an extra air filter for automobiles & removes unpleasant odors from interiors. It enhances the performance of a car's inbuilt filtering system by functioning as an additional car filtration, removing various ecological toxins, including soot particles and foul orders from the vehicle.
Furthermore, innovative filtration systems equipment captures smells, germs, and tiny contaminants to assure clean air circulation. Automobile manufacturers are equipping cars with improved air purifiers to enhance air quality. For instance, 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 mold utilizing the world's most advanced air purification combined with disinfection technology.
Factors such as an increase in demand for clean and toxin-free cabin air and rise in pollution level of atmospheric air are expected to drive the growth of the automotive in-vehicle air purifier market. In addition, the need for a toxic-free healthy automobile atmosphere and increase in awareness about the health issues among end-users boost the market's growth.
However, the small number of global manufacturers of in-vehicle air purifiers, high cost, and non-standardization of air purification system restrain the market growth. Furthermore, the development of advanced& low-cost air purifier systems and expansion in untapped markets of Asia-Pacific &LAMEA are expected to provide lucrative growth opportunities for the market players.
KEY BENEFITS FOR STAKEHOLDERS
This study presents an analytical depiction of the global automotive in-vehicle air purifier market and current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to enable stakeholders to gain a stronger foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2021 to 2030 to highlight the financial competency of the market.
Porter's five forces analysis illustrates the potency of the buyers and suppliers.
Key Market Segments
By Product Type
Active Carbon System
By Vehicle Type
Light Commercial Vehicle
Heavy Commercial Vehicle
By Sales Channel
Original Equipment Manufacturer
Rest of Europe
Rest Of Asia Pacific
Key Market Players
eureka forbes ltd
Guangzhou Ionkini Technology Co., Ltd.
Honeywell International Inc.
KENT RO Systems Ltd
Koninklijke Philips N.V.
Power4 Industries Limited
Key Topics Covered:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: AUTOMOTIVE IN-VEHICLE AIR PURIFIER MARKET, BY PRODUCT TYPE
CHAPTER 5: AUTOMOTIVE IN-VEHICLE AIR PURIFIER MARKET, BY TECHNOLOGY
CHAPTER 6: AUTOMOTIVE IN-VEHICLE AIR PURIFIER MARKET, BY VEHICLE TYPE
CHAPTER 7: AUTOMOTIVE IN-VEHICLE AIR PURIFIER MARKET, BY SALES CHANNEL
CHAPTER 8: AUTOMOTIVE IN-VEHICLE AIR PURIFIER MARKET, BY REGION
CHAPTER 9: COMPANY LANDSCAPE
CHAPTER 10: COMPANY PROFILES
For more information about this report visit https://www.researchandmarkets.com/r/73ai45
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