Car Air Purifier Market 2020-2024 | Technology Innovation And Product Premiumization to Boost Growth | Technavio

By Associated Press 10 July 2020, 12:00AM

LONDON--(BUSINESS WIRE)--Jul 9, 2020--

Technavio has been monitoring the car air purifier market and it is poised to grow by $ 884.85 million during 2020-2024, progressing at a CAGR of 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Car Air Purifier Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.Please Request Latest Free Sample Report on COVID-19 Impact

The market is concentrated, and the degree of concentration will accelerate during the forecast period. 3M Co., ADA Electrotech (Xiamen) Co. Ltd., Eureka Forbes Ltd., Honeywell International Inc., Ionkini Technology (GZ) Co. Ltd., Koninklijke Philips NV, Livpure Pvt. Ltd., Panasonic Corp., Purafil Inc., and Sharp Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Technology innovation and product premiumization have been instrumental in driving the growth of the market. However, the high price sensitivity of consumers might hamper market growth.

Car Air Purifier Market 2020-2024 : Segmentation

Car Air Purifier Market is segmented as below:

  • Product
    • Counter-up
    • Built-in
  • Technology
    • HEPA Filters
    • Ionizers And Ozone Generators
    • Others
  • Geography
    • Europe
    • APAC
    • North America
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample:https://www.technavio.com/talk-to-us?report=IRTNTR40790

Car Air Purifier Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our car air purifier market report covers the following areas:

  • Car Air Purifier Market size
  • Car Air Purifier Market trends
  • Car Air Purifier Market industry analysis

This study identifies growth in multi-functional car air purifiers as one of the prime reasons driving the car air purifier market growth during the next few years.

Car Air Purifier Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Car Air Purifier Market, including some of the vendors such as 3M Co., ADA Electrotech (Xiamen) Co. Ltd., Eureka Forbes Ltd., Honeywell International Inc., Ionkini Technology (GZ) Co. Ltd., Koninklijke Philips NV, Livpure Pvt. Ltd., Panasonic Corp., Purafil Inc., and Sharp Corp. Backed with competitive intelligence and benchmarking, our research reports on the Car Air Purifier Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Car Air Purifier Market 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist car air purifier market growth during the next five years
  • Estimation of the car air purifier market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the car air purifier market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of car air purifier market vendors

Table Of Contents :

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Counter-up - Market size and forecast 2019-2024
  • Built-in - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Technology

  • Market segments
  • Comparison by Technology placement
  • HEPA filters - Market size and forecast 2019-2024
  • Ionizers and ozone generators - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Technology

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

  • Volume driver - Demand drives
  • Volume driver - Demand drivers

Market Challenges

Market Trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 3M Co.
  • ADA Electrotech (Xiamen) Co. Ltd.
  • Eureka Forbes Ltd.
  • Honeywell International Inc.
  • Ionkini Technology (GZ) Co. Ltd.
  • Koninklijke Philips NV
  • Livpure Pvt. Ltd.
  • Panasonic Corp.
  • Purafil Inc.
  • Sharp Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200709005509/en/

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Website:www.technavio.com/

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SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 07/09/2020 08:45 AM/DISC: 07/09/2020 08:45 AM

http://www.businesswire.com/news/home/20200709005509/en

By Associated Press 10 July 2020, 12:00AM
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