Dublin, Feb. 14, 2019 (GLOBE NEWSWIRE) -- The "Automotive Air Purifier Market by type (Purifier, Ionizer, & Hybrid), Technology (HEPA, Activated Carbon, Ionic Filter, & Photocatalytic), Vehicle Class (Economy, Mid-Priced & Luxury), End Market (OE & Aftermarket) & Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
Increasing public awareness related to healthcare and environmental effects of air pollution and rapid urbanization and industrialization are likely to fuel the demand for automotive air purifier market
The automotive air purifier market is estimated to be USD 792.7 million in 2018 and is projected to grow at a CAGR of 16.34% during the forecast period (2018-2025), to reach a market size of USD 2,286.9 million by 2025.
The rising demand for advanced comfort and convenience features, particularly in premium vehicles, is driving the growth of the automotive air purifier market. However, the high pricing of air purification system is expected to limit its market growth.
The OE market is estimated to be the fastest growing segment of the automotive air purifier market in terms of volume and value
The OE market is estimated to be the fastest growing segment, by volume and value, of the automotive air purifier market from 2018 to 2025. The growth of the OE market can be attributed to the rise in the trend of integrating air purifier by OEMs in the vehicles.
The purifier is projected to be the largest segment of automotive air purifier market
The purifier is projected to be the largest segment, by volume as well as value, of the automotive air purifier market during the forecast period. The hybrid segment is the second largest market, followed by the ionizer segment, during the forecast period. The hybrid segment is expected to witness considerable growth whereas ionizer segment will witness steady growth in the automotive air purifier market. The growth of purifier and hybrid segments can be attributed to the rising air pollution and increasing urbanization and industrialization.
Asia Pacific and Europe are the fastest growing and largest market for automotive air purifier, respectively
Asia Pacific is projected to be the fastest growing market for automotive air purifier during the forecast period. The market growth in the region can be attributed to the rapidly growing automotive sector in countries such as China, Japan, South Korea, and India. Moreover, rapidly increasing middle-class population, improved lifestyle of consumers, and speedy urbanization have boosted the demand for passenger vehicles. These factors are expected to trigger the growth of the automotive air purifier market in the region.
Currently, the European region is estimated to be the largest market for automotive air purifier. With one of the largest markets for premium segment vehicles, Europe is expected to dominate the automotive air purifier market in 2018.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Automotive Air Purifier Market
4.2 Market Share, By Country
4.3 Market, By Type
4.4 Market, By Vehicle Class
4.5 Market, By End Market
4.6 Market, By Technology
4.7 Market, By Region
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Public Awareness Related to Healthcare and Environmental Effects of Air Pollution
5.2.1.2 Increasing Urbanization and Industrialization
5.2.2 Restraints
5.2.2.1 High Pricing of Air Purification System Limiting Its Consumption
5.2.3 Opportunities
5.2.3.1 Developing Countries to Offer Market Growth Opportunities
5.2.4 Challenges
5.2.4.1 Availability of Cheap and Low-Quality Purification Products
5.2.4.2 Ever-Changing Consumer Requirements Leading to High Cost of R&D Activities for New Entrants
6 Technological Overview
6.1 Evolution
6.2 Air Filteration Technology
6.2.1 Hepa
6.2.2 Activated Carbon
6.2.3 Ionic Filter
6.2.4 Photocatalytic
7 Automotive Air Purifier Market, By Technology
7.1 Introduction
7.2 Hepa
7.3 Activated Carbon
7.4 Photocatalytic
7.5 Ionic Filter
8 Market, By Type
8.1 Introduction
8.2 Purifier
8.3 Ionizer
8.4 Hybrid
9 Market, By Vehicle Class
9.1 Introduction
9.2 Economic Priced Vehicles
9.3 Mid-Priced Vehicles
9.4 Luxury Vehicles
10 Automotive Air Purifier Market, By End Market & Region
10.1 Introduction
10.2 Asia Pacific
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Rest of Asia Pacific
10.3 Europe
10.3.1 France
10.3.2 Germany
10.3.3 Italy
10.3.4 UK
10.3.5 Spain
10.3.6 Rest of Europe
10.4 North America
10.4.1 Canada
10.4.2 Mexico
10.4.3 US
10.5 Rest of the World (RoW)
10.5.1 Brazil
10.5.2 Russia
10.5.3 Others
11 Company Profiles
11.1 Panasonic
11.2 Denso
11.3 Bosch
11.4 3M
11.5 Mahle
11.6 Mann+Hummel
11.7 Sharp Corp.
11.8 Honeywell
11.9 Koninklijke Philips N.V.
11.10 Eureka Forbes
11.11 Xiaomi
11.12 Toyota Boshoku
11.13 Freudenberg Group
11.14 Ecomventures
11.15 Xiamen Airbus Electronic Technology
11.16 Oransi
11.17 Guangzhou Olansi Healthcare
11.18 Diamond Air Purifier
11.19 Yadu
11.20 Incen
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