Automotive Cabin Air Quality Sensors Global Market to Reach $758.8 Million by 2030

The global automotive cabin air quality sensors market is poised to reach US$ 758.8 Mn by 2030, expanding at a CAGR of 10.2% during the forecast period from 2022 to 2030.

Growing exposure to hazardous amount of pollution, increasing number of passenger cars and electric vehicles, adoption of new technology such as autonomous vehicles by automakers is expected to drive the market for global automotive cabin air quality sensors.

Pricing pressure for sensor manufacturers, market convergence, increase in number of diversified consumers, modified product portfolio and fluctuation in raw material price are few factors may hinder the market growth of automotive cabin air quality sensors.

Increasing number of passenger cars is majorly driven by newly introduced micro digital sensors and technology like automotive real time PM2.5 sensors, CMOSens technology. In addition, growing joint ventures and agreement between sensor manufacturers like Hella Fahrzeugkomponenten GmbH and Senseair, Government of the U.S. and Senseair, is projected to fuel the market for automotive cabin air quality sensors. Moreover, rising penetration towards automation, electric vehicles, autonomous driving and innovative business model in automotive industry have made a worldwide sales of more than 90 million in 2019. For instance, Volkswagen has recently developed a new car Tiguan with the integration of anti-allergy filters and cabin air quality sensors for reducing the intrusion of pollutants which includes allergens and fungal spores.

Increasing demand and sales of passenger cars especially in developed countries and growing consumer demand towards comfort, air quality, and health safety are predictable to upsurge the overall demand for automotive cabin air quality sensors on a global scale. In addition, the foreseeable trend on autonomous and shared mobility for passenger cars rise the new car sales by 30% in the U.S., Europe, and China, owing to expand market growth.

Over the past few years, the U.S. has closed the production gap with Japan for domestically produced passenger cars, light trucks, utility vehicles, and minivans. Moreover, the U.S. surpassed Japan in the increasingly important sector of Trucks, Buses and others. The increasing popularity of light trucks in the American automotive market with around 50% market share is projected to drive the market for automotive cabin air quality sensors. Furthermore, consumer preference plays an active role in increasing the demand for automobiles, which in turn will expand the market growth.