Vietnam Automotive Air Purifiers Market to grow at a Significant Rate through 2026
Stringent emission standard
and rise in disposable income is expected to drive the demand for Vietnam automotive
air purifiers market in forecast period.
According to TechSci Research report, “Vietnam
Automotive Air Purifiers Market By Product Type (Built-in/Cabin Air Filters
Vs. Standalone/Counter-top Car Air Purifiers) By Filter Type (HEPA; UV Filter,
Ionic Filter; Other Filter Combinations) By Demand Category (OEM Sales;
Aftermarket New Sales; and Aftermarket Replacement Sales), By Region, Company
Forecast & Opportunities, 2026”, The Vietnam automotive air purifiers market
is expected to witness steady growth for the forecast period. Rise in sales of
automobile due to presence of disposable income and increase in vehicle
ownership is fueling the demand for automotive air purifier. Automotive air
purifier helps in removal of various environmental contaminants such as smoke
particles, dirt particles, among others and bad smell from the automobile.
These purifiers are fitted with ionization technology and can remove smoke,
dust, benzene, formaldehyde from the air by quickly killing bacteria, virus,
and another disease-causing germ from automobile interior space. Rise in
e-commerce platforms has led to higher sales of automotive air purifier.
Manufacturers are offering lucrative discounts and offer and free of cost
aftermarket service which Is the major reason for high demand of automotive air
purifier through online platforms. Increase in awareness among consumers the
demand for air purifier is expected to grow as they aid in eliminating the
harmful substances from the air. Increase in respiratory related disorders and
rise in prevalence of asthma, chronic obstructive pulmonary disorder is further
accelerating the growth of the market.
The COVID-19 outbreak across the world which has been
declared as pandemic by World Health Organization has affected several countries
adversely. Leading authorities in Vietnam States imposed lockdown restrictions
and released a set of precautionary measures to contain the spread of novel
coronavirus. Coronavirus affected patients started suffering from shortness of
breath along with coughing and sneezing. Vietnam authorities increased the
capacity of hospitals as a greater number of patients were getting affected
daily and getting admitted into the hospital facilities. Automotive industry
faced a set-back due to the spread of novel coronavirus. Manufacturing units
were shutdown and production got delayed. Disruption in supply chain was
observed which led to market decline. Post lockdown restriction the automotive
air purifier industry is expected to pick up the pace eventually.
However, high cost of automotive air purifier for
large scale consumption may hamper the growth of the market.
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Vietnam
automotive air purifiers market is segmented into product type, filter type, demand
category, regional distribution, and company. Based on filter type, market
can be divided into HEPA, UV filter, ionic filter, and other filter combinations.
The HEPA filter type segment is expected to hold major market share for the
forecast period, 2022-2026. HEPA stands for high efficiency particle air and is
useful to not only remove the dirt particle from the air and removes small air
particles and pollutants. Rise in government initiatives to improve the air
quality and rise in consumer spending is expected to boost the demand for air
purifiers.
Panasonic
Vietnam Co., Ltd, Daikin Air Conditioning Vietnam JSC, Sharp Electronics
(Vietnam) Company Limited, Honeywell International Inc., Hitachi Home
Electronics Vietnam Co., Ltd, Blueair AB, Koninklijke Philips N.V., A. O. Smith
Vietnam Company Limited, Electrolux Vietnam, Carpa Vietnam Trade Joint Stock
Company (Coway) are the leading players operating in Vietnam automotive air
purifiers market. Manufacturers are increasingly focusing on research and
development process to fuel higher growth in the market. To meet evolving
customer demand with respect to better efficiency and durability, several automotive
air purifiers manufacturers are coming up with their technologically advanced
offerings.
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“Automobile
industry have seen significant changes in terms of seat automation, upholstery,
infotainment and along with the technological advancement there is significant
rise in the awareness of the consumers that cabin space in automobile is prone
to getting affected to environmental pollutants such as smoke, fume, pollutant,
among others along with spread of generic pollutant such as food smell and bad
odor. Increasing collaborations between the original equipment manufacturers
and automotive air purifier manufacturers is expected to propel the market
growth till 2026” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“Vietnam Automotive Air
Purifiers Market By Product Type (Built-in/Cabin Air Filters Vs.
Standalone/Counter-top Car Air Purifiers) By Filter Type (HEPA; UV Filter,
Ionic Filter; Other Filter Combinations) By Demand Category (OEM Sales;
Aftermarket New Sales; and Aftermarket Replacement Sales) , By Region, Company
Forecast & Opportunities, 2026” has
evaluated the future growth potential of Vietnam automotive air purifiers market
and provided statistics & information on market size, shares, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the of Vietnam automotive
air purifiers market.
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