USD 13.90 Billion
Report ID:
SQMIG25A2155 |
Region:
Global |
Published Date: March, 2024
Pages:
223
|Tables:
64
|Figures:
75
Global Car Air Purifier Market size was valued at USD 13.90 Billion in 2022 and is poised to grow from USD 14.91 Billion in 2023 to USD 26.21 Billion by 2031, at a CAGR of 7.3% during the forecast period (2024-2031).
The primary purpose of the car air purifier market is to address the increasing concerns about air pollution and its impact on human health, particularly in densely populated urban areas. With the rise in vehicle emissions, industrial pollution, and the presence of allergens, there is a growing need for effective air purification solutions inside vehicles. Car air purifiers aim to mitigate the negative effects of poor air quality by providing cleaner and fresher air for passengers to breathe. Several factors are driving the growth of the global car air purifier market.
First and foremost is the increasing awareness among consumers about the importance of indoor air quality and its impact on health. As people spend a significant amount of time commuting in their vehicles, the demand for car air purifiers has risen. Despite the positive growth prospects, the car air purifier market faces certain challenges. One of the main restraining factors is the cost associated with these devices. High-quality air purifiers with advanced filtration technologies can be expensive, limiting their adoption among price-sensitive consumers. The car air purifier market faces challenges such as intense competition from other air purification solutions, including built-in car ventilation systems. Additionally, the effectiveness of car air purifiers can vary based on factors like the size of the vehicle and the external air quality. Achieving consistent and efficient air purification across different vehicle types and environmental conditions is a challenge for manufacturers. The market for car air purifiers presents several opportunities for growth. One of the key opportunities lies in technological advancements, such as the integration of smart features and IoT connectivity into these devices. This can enable real-time monitoring of air quality and automatic adjustments of purification settings. Moreover, the increasing demand for electric vehicles provides a significant opportunity for car air purifier manufacturers, as electric vehicles generally prioritize interior air quality. the global car air purifier market aims to provide cleaner and healthier air inside vehicles. While driving factors include rising awareness and technological advancements, challenges include cost and limited awareness. Opportunities lie in technological advancements and the growing market for electric vehicles. The market's future growth will depend on addressing these challenges, improving cost-effectiveness, and educating consumers about the benefits of car air purifiers.
US Car Air Purifier Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 13.90 Billion
Largest Segment
High Efficiency Particulate Air (HEPA)
Fastest Growth
Activated Carbon
Growth Rate
7.3% CAGR
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The global car air purifier market is segmented on the basis of technology, application, and region. In terms of technology, the market is segmented into High Efficiency Particulate Air (HEPA), Activated Carbon, Ionic Filters, and Others. By Application, the market is segmented into Commercial, Residential, and Industrial. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Car Air Purifier Market Analysis by Technology
In 2022, the HEPA (High-Efficiency Particulate Air) segment emerged as the leading segment in the car air purifier industry, capturing the largest share of global revenue at 40.3%. HEPA filters are highly effective in capturing airborne particles such as smoke, dust, bio-contaminants, and pollen. Their reliability and superior performance have contributed to increased product penetration in the air purifier market worldwide. Another type of filter gaining popularity is activated carbon or charcoal filters. These filters consist of carbon particles that have been treated with oxygen to open up the carbon atoms' pores. This process increases the carbon's surface area, making it more porous and enhancing its ability to trap airborne particles.
Ionic filters, which do not require frequent replacement, are also witnessing a growing market share. However, it is important to note that the generation of ionized air and ozone during the purification process may pose risks and potentially lead to respiratory conditions such as asthma. This concern regarding the use of ionization technology might limit its adoption in the market.
Car Air Purifier Market Analysis by Application
In 2022, the commercial segment emerged as the leader in the car air purifier industry, accounting for the largest share of global revenue at 57.0%. Air purifiers find extensive applications in various commercial settings, including schools, malls, conference centers, workplaces, hospitals, hotels, theaters, and recreational areas. Restaurants and hotels utilize air purifiers equipped with activated carbon and HEPA filters to effectively remove airborne particles, odors, and smoke, thereby improving the overall air quality in these spaces. Similarly, in healthcare facilities such as dental and medical offices, veterinary clinics, hospitals, and boarding kennels, air purifiers are employed to eliminate airborne pathogens, allergens, and odors, ensuring a healthy environment for both staff and patients. The demand for air purifiers in healthcare settings has witnessed significant growth globally, especially in response to the COVID-19 pandemic, as they help reduce the spread of infectious diseases.
The industrial application segment is projected to experience steady growth over the forecast period. Air purifiers play a crucial role in various industries, including printing, petrochemical, power plants, food and beverage, chemical, and manufacturing. These purifiers aid in the elimination of harmful particles such as construction dust, asbestos, and weld smoke, which pose health risks to employees and have adverse environmental impacts if left untreated. Furthermore, the use of air purifiers in residential settings has seen a notable increase as people become more aware of the health hazards posed by volatile organic compounds (VOCs), smoking particles, and other particulate matter present in indoor air.
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In 2022, Asia Pacific emerged as the dominant region in the car air purifier industry, accounting for the largest share of overall revenue at 42.6%. Several factors contribute to this dominance, including a larger population with higher disposable income levels and rapid urbanization and industrialization taking place in the region. Notably, a significant portion of global premature deaths resulting from air pollution occurs in East Asia and South Asia, as reported by the Clean Air Coalition in 2019. The lack of strict enforcement and regulations regarding industrial emissions, domestic heating, and oil-based road transportation contributes to the presence of airborne particulates. The increasing instances of smog and air pollution, particularly in countries like China and India, are expected to drive the adoption of air purifiers and promote market growth in the region. Additionally, political decisions and rapid urbanization have negatively impacted South Korea's ecological balance and reduced air quality.
North America is projected to experience substantial growth over the forecast period. Air quality legislation, such as the establishment of national ambient air quality standards by the United States Environmental Protection Agency (U.S. EPA) and the implementation of comprehensive emission reduction programs by Environment Canada, create new opportunities for air purifier manufacturers. The development and implementation of regulatory measures, along with the organization of air quality management programs to raise public awareness, contribute to the growing demand for air purifiers. Furthermore, the increasing installations of extensive ambient air quality monitoring systems in Mexico are likely to drive product demand in the country in the coming years.
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Car Air Purifier Market Drivers
Increasing Concerns about Air Pollution
Emphasis on Interior Comfort and Wellness
Car Air Purifier Market Restraints
Cost and Affordability
Limited Awareness and Market Education
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The global car air purifier market is highly competitive, with numerous players vying for market share. Companies in this market focus on product innovation, technological advancements, and strategic partnerships to gain a competitive edge. The competitive landscape is characterized by the presence of both established manufacturers and new entrants offering a wide range of car air purifier products with varying features and functionalities. There are several emerging players and startups in the market. These companies often specialize in specific technologies or target niche segments. They strive to introduce innovative features and compact designs to differentiate themselves from established players and capture market share. These emerging players contribute to the market's competitive dynamics by introducing disruptive technologies and driving innovation.
Car Air Purifier Market Top Player’s Company Profiles
Car Air Purifier Market Recent Developments
In January 2024, Faraday Future Intelligent Electric Inc., a California-based company specializing in global shared intelligent electric mobility ecosystems, revealed that a delegation from China's automotive supply chain, comprising over ten enterprises, visited the company's headquarters in Los Angeles. During the visit, the delegation held detailed discussions with various FF executives, including Global CEO Matthias Aydt and Founder and Chief Product & User Ecosystem Officer YT Jia.
In February 2024, LuftCar, headquartered in Florida, revealed a groundbreaking partnership with eFrancisco Motor Corporation (eFMC) from the Philippines. The memorandum of understanding (MoU) outlines joint efforts in the investment, development, integration, deployment, branding, and marketing of cutting-edge transportation solutions.
In January 2024, South Korean automakers Hyundai Motor Company and Kia Corporation made a deal with Samsung Electronics for a Car-to-Home and Home-to-Car service collaboration. The partnership expects to boost connectivity between residential and mobility environments.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global car air purifier market analysis, the demand for car air purifiers is driven by increasing awareness about air pollution and its impact on health. People are becoming more conscious of the need for clean air while traveling, especially in urban areas with high pollution levels. The market offers a variety of products with different technologies such as HEPA filters, activated carbon filters, ionizers, and UV sterilization. These technologies aim to effectively capture and eliminate airborne pollutants, allergens, and unpleasant odors. The market is highly competitive, with both established companies and new entrants striving to gain a significant market share. Key factors influencing the market include technological advancements, product innovation, pricing strategies, and marketing efforts. As consumer demand for clean air in vehicles continues to rise, the global car air purifier market is expected to witness further growth in the coming years.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 13.90 Billion |
Market size value in 2031 | USD 26.21 Billion |
Growth Rate | 7.3% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Car Air Purifier Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Car Air Purifier Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Car Air Purifier Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Car Air Purifier Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
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Report ID: SQMIG25A2155
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