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The global in-vehicle air purifier market by revenue is expected to grow at a CAGR of approx. 11% during 2020-2026.
The global automotive air filter market is observing a shift from conventional purifiers to smart technology. The inclusion of prominent technologies - HEPA, active carbon systems, and photocatalytic is likely to increase vendors growth opportunities. Vendors are expected to incorporate features such as Bluetooth speaker, USB, lights, air conditioner to cool, fan to circulate air, dehumidifier to remove moisture to increase penetration. Hence, multifunctional in-vehicle air purifiers are expected to increase the market demand during the forecast period.
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CHICAGO, April 6, 2021 /PRNewswire/ In-depth analysis and data-driven insights on the impact of COVID-19 included in this global in-vehicle air purifier market report.
The in-vehicle air purifier market is expected to grow at a CAGR of approximately 11% during the period 2020-2026.
Key Highlights Offered in the Report:
The in-vehicle air purifier market consists of large number of players, thereby making it more fragmented with intense competition. In regions such as APAC and North America, major players account for more than 60% share of the overall market.
Factors such as growth in industrial activities, urbanization, traffic pollution, and emissions from factories and household activities are the major growth drivers of the in-vehicle air purifier market. Regions such as APAC, Europe, and North America are the major demand generators in the market.