Analysis of Automotive Air Purifier Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~9.12% During 2024-2037 and Attain USD 5.38 billion by 2037
Research Nester’s recent market research analysis on “Automotive Air Purifier Market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitors analysis and a detailed overview of the global automotive air purifier market in terms of market segmentation by type, technology, vehicle class, end market, and by region.
Growing Advancement in Filtration Systems to Promote Global Market Share of Automotive Air Purifiers
The global automotive air purifier market is estimated to grow majorly on account of the increased advancement in filtration systems. The global market for automotive air purifiers is on the rise, and one of the main reasons for this is the constant development of filtration devices, especially high-efficiency particulate air filters. These developments offer the industry a powerful combination of better air quality, increased consumer appeal, and an opportunity to enhance its competitiveness. The development of filtration systems is a driving force in the automotive air purification sector.
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Some of the major growth factors and challenges that are associated with the growth of the global automotive air purifier market are:
Growth Drivers:
• Surge in Automobile Production
• Rising Awareness about Air Purification
Challenges:
The benefits of car air filters may not be readily apparent to many consumers, as well as their understanding of how they work. The adoption of such devices may be hindered by this lack of awareness, particularly in areas where air pollution is not seen as a serious problem. Furthermore, high manufacturing costs are some of the major factors anticipated to hamper the global market size of automotive air purifiers.
By type, the global automotive air purifier market is segmented into purifier and others. The purifier segment is to garner the highest revenue by the end of 2036 by growing at a significant CAGR of 9.56% over the forecast period. The technology and effectiveness of filters may differ. Concerns about air quality, especially in urban areas with high levels of pollution, are often the reason for the demand for purifiers. In addition, more people are looking for air purifiers in their cars because of health problems such as asthma or allergies.
By region, the Asia Pacific excluding Japan automotive air purifier market is to generate the highest revenue of USD 2.38 billion by the end of 2037. New and advanced air purifier technologies that are more effective, quieter or energy efficient have been developed by manufacturers in the region including Honeywell, Xiaomi, Guangzhou Olansi, Hekoelectronics as well as all of China. A wider range of consumers will therefore be attracted to car air filters.
This report also provides the existing competitive scenario of some of the key players of the global automotive air purifier market which includes company profiling of Koninklijke Philips N.V., 3M, Xiaomi, Honeywell International Inc., Sharp Corporation, MANN+HUMMEL GmbH, and others.
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https://www.researchnester.com/reports/automotive-air-purifier-market/6067
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