Global Automotive Air Purifier Market Analysis/Forecast Report 2022: A $2.85 Billion Market by 2027 - Growing Demand for Multi-useful Air Purifiers - ResearchAndMarkets.com | Business Wire

2022-05-28 00:21:14 By : Ms. YZ BAIYA

DUBLIN--(BUSINESS WIRE )--The "Automotive Air Purifier Market Research Report by Technology (Activated Carbon, Hepa, and Ionic Filter), Type, Vehicle Class, Distribution, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Automotive Air Purifier Market size was estimated at USD 1,575.75 million in 2021, USD 1,736.54 million in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 10.38% to reach USD 2,850.08 million by 2027.

In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects.

It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Automotive Air Purifier Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others.

Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate.

The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor's strength and weakness thereby, providing insights to enhance product and service.

1.3. Years Considered for the Study

5.1.1.1. Growing demand for multi-useful air purifier

5.1.1.2. Increasing level of air pollution around the globe

5.1.1.3. Rising need for clean and germ-free cabin air

5.1.2.1. Cost associated with the air purification system

5.1.3.1. Innovation and technological advancement to produce low-cost air purifiers

5.1.3.2. Increasing sale of vehicles in emerging economies

5.1.4.1. Government initiatives to produce electric vehicles

5.3. Cumulative Impact of 2022 Russia Ukraine Conflict

6. Automotive Air Purifier Market, by Technology

7. Automotive Air Purifier Market, by Type

8. Automotive Air Purifier Market, by Vehicle Class

9. Automotive Air Purifier Market, by Distribution

10. Americas Automotive Air Purifier Market

11. Asia-Pacific Automotive Air Purifier Market

12. Europe, Middle East & Africa Automotive Air Purifier Market

13.3. Market Share Analysis, By Key Player

13.4.3. New Product Launch & Enhancement

For more information about this report visit https://www.researchandmarkets.com/r/aqxf5

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900