Car Air Purifier Market Trends

  • Report ID: 4431
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Car Air Purifier Market Trends

Growth Drivers

  • Increasing Cases of Asthma – the air purifier’s filter removes the particulate matter found in the air and also reduces gaseous contaminants lurking inside your vehicle. With the rising cases of allergies, asthma and other respiratory disorders, the demand for car air purifiers is surging and is expected to boost in the forecasted period. According to the World Health Organization data, asthma had affected approximately 262 million people in 2019.
  • Increasing Research & Development (R&D) Spending in the Automotive Sector – it was observed that the global R&D spending in the automotive sector reached more than USD 130 billion in 2020. The rising R&D is resulting into the innovations and advancements in the upcoming automobiles.
  • Growing Urbanization – 70% of the global population is projected to live in urban areas by 2050.
  • Rising Disposable Income – for instance, it was found that, in United States the per capita disposable income grew 1.7% in 2019.

Challenges

  • Regular Maintenance is Required
  • Low Awareness Regarding the Benefits of Car Air Purifier
  • Unable to Solve all Indoor Air Quality Problems

Car Air Purifier Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

15.3%

Base Year Market Size (2024)

USD 2.66 billion

Forecast Year Market Size (2037)

USD 16.93 billion

Regional Scope

  • North America (U.S. & Canada)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific)
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Saima Khursheed


  • Report ID: 4431
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of car air purifier is assessed at USD 2.99 billion.

The car air purifier market size was over USD 2.66 billion in 2024 and is projected to reach USD 16.93 billion by 2037, growing at around 15.3% CAGR during the forecast period i.e., between 2025-2037. Growing sale of cars as well as rising emissions of carbon dioxide along with upsurge in the cases of asthma will drive the market growth.

Asia Pacific industry is estimated to hold largest revenue share of 41% by 2037, backed by presence of a strong mobility network in the region, growing number of cars, as well as the rising number of overall vehicle fleet.

The major players in the market include Volvo Car Corporation, Honda Motor Co., Ltd., Panasonic Holdings Corporation, Honeywell International Inc., Sharp Corporation, Koninklijke Philips N.V., Eureka Forbes Ltd., Denso Corporation, Blueair Inc., 3M
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