PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1484651
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1484651
Market Overview
The global automotive in-vehicle air purifier market generated revenue of USD 5,121.4 million in 2023, which is expected to witness a CAGR of 11.4% during 2024-2030, to reach USD 10,827.8 million by 2030. A vehicle-built air purifier is a gadget that cleans the air passing through a vehicle.
Air filtration is the top priority for an electric car and it is reflected by the fact that they have air filtration systems installed. The main goal of such machines is to remove allergens and contaminants from the air in the cabin thus making the atmosphere cleaner.
Incorporating an extra filter in air purification and thereby improving the level of air quality in a car, installing in-vehicle air purifiers in electric vehicles (EVs) can help enhance the air quality inside the car and provide a healthy and comfortable environment for the passengers. This in turn means that the increasing rate of electric car use across the world presents a large possibility for market growth.
The rate of air pollution is escalating due the unprecedented urbanization and industrialization. The rise in the quantity of vehicles on the roads is also a significant contributor to air pollution. These factors have negative effects on the air quality every day and health problems arise in many countries as a result.
Key Insights
Over the projection period, the hybrid air purifier category is projected to advance at a CAGR of 11.7%.
This development is propelled by augmented public knowledge about personal health and environmental contamination.
Fast industrialization and urbanization are contributing significantly to the need for hybrid air purifier systems.
Combined air purifiers are more powerful as they use multistage air purification methods. They are the best in class.
HEPA or activated carbon-filter air cleaners still rule the product type segment and work globally, so they are the most popular choice for users.
The passenger cars category is the leading industry segment for air purifiers.
During the projection period, the category is projected to advance at a CAGR of 11.8%.
Simple installation and utilization of air purifiers in passenger vehicles contribute to their popularity.
Air purifiers advance in-cabin air quality, offering a better and more easy driving experience.
Car manufacturers prioritize air quality as a key feature to differentiate their models.
Luxury cars dominate revenue generation in the air purifier market within vehicle classes.
The trend of urbanization and the need for unique advantages in consumer preferences motivate people to buy luxury cars.
Luxury cars come with various features such as in-built air purifiers which is to improve the driving experience.
The economical vehicle segment is expected to accelerate at the peak CAGR of 11.9% in the years 2024-2030.
In 2023, the HEPA category had a 50% revenue share in the air purifier industry because of increasing air contamination concerns.
OEMs lead revenue generation because of combined in-vehicle air purifier systems.
OEMs usually include such systems in luxury and mid-range cars as standard options.
The aftermarket segment is estimated to advance at 11.5% CAGR, providing options to add air purifiers to older vehicles.
Technical improvements in nanofibers and synthetic fibers make aftermarket devices more available and effective.
The North American region is projected to hold the largest industry share because of a high count of automotive makers.
Regional government actions to minimize pollution levels and consumer health concerns drive market growth.
Asia-Pacific region is forecasted to grow at a 12.0% CAGR, with China, Japan, and India as key markets.
APAC's focus on technological development leads to investments in research and development for advanced air purifier technologies.