Automotive Filters Market

Top Companies in Automotive Filters Industry - MANN+HUMMEL (Germany), MAHLE GmbH (Germany), Donaldson Company, Inc. (US) and Robert Bosch GmbH (Germany)

The global automotive filters market is projected to grow from USD 12.9 billion in 2024 to USD 14.6 billion by 2030, at a CAGR of 2.1% during the forecast period. Increased stringent emission & fuel economy norms, rise in electric & hybrid vehicle sales, and growing vehicle parc and increase in average miles driven annually are expected to be key factors driving the automotive filters market.

From 2019 to 2024, major automotive filter market players have embraced new product development, expansion, and acquisition as key strategies. Manufacturers are concentrating on expanding production facilities and investing in research and development to introduce technologically advanced filtration materials like activated carbon and electrostatic filter material for cabin filters. The expansion of facilities and increased production capacity will enable companies to reduce material costs, thereby generating significant demand in the market. For example, in January 2024, Ahlstrom Munksjo plans to invest in a completely new production line dedicated to molecular filtration media to widen the product range for indoor air quality.

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The automotive filters market is predominantly led by MANN+HUMMEL (Germany), MAHLE GmbH (Germany), Donaldson Company, Inc. (US), Robert Bosch GmbH (Germany), and AHLSTROM-MUNKSJÖ (Finland). These companies are well-established and globally recognized suppliers of automotive filters. They have adopted a new product development strategy to gain a competitive advantage in the automotive filter market. For instance, in October 2022, Donaldson Company, Inc. expanded its iCue Connected Filtration Service, enabling remote monitoring of customers' iCue service accounts by Donaldson Product Specialists to facilitate faster dust collector response and service.

Mann+Hummel (Germany) is a renowned company that is recognized among the global leaders in the field of filtration solutions. The automotive component supplier offers various filtration products such as air, fuel, oil, and cabin filters for motorcycles, cars, and trucks, regardless of their type of drive system. The company sells its filtration solutions and products under the life sciences & environmental business segment. The company is active in acquisitions and investments, showcasing the company's intense focus on acquisitions and investments. For instance, in September 2022, MANN+HUMMEL Group showcased the futuristic solutions for different drive systems at Berlin's InnoTrans, including the WAVELOCK spin-on filters that feature bayonet locks, facilitating quick and easy maintenance. The self-cleaning ENTARON XR air filter also extends intervals between changes, enhancing machine uptime. The company has an operational presence in 80 locations on six continents. The company is continuously focusing on R&D and new product development. For instance, in 2022, the company has invested around 2.4% of its revenue in R&D activities.

Donaldson Company, inc. (US) is known for its technologically advanced filtration products and solutions. The company operates under three segments: mobile solutions, industrial segment, and life sciences. The mobile solutions business segment focuses on filtration solutions. Donaldson Company, Inc. has technical centers, distribution centers, and manufacturing facilities across Asia, Europe, and North America. The company actively participates in expansion and partnerships. In August 2022, the company announced the expansion of a new manufacturing facility in Leon, Mexico, spanning 265,000 square feet. The facility will manufacture filters for heavy machinery utilized in agriculture, construction, and mining equipment. This expansion is intended to meet the rising demands of customers. Donaldson Company, inc. has invested around 2.3% of the revenue in R&D activities.

Robert Bosch GmbH (Germany) is a leading global supplier in the automotive and mobility sector, specializing in the development, production, and distribution of filtration and mobility solutions catering to both traditional internal combustion engine (ICE) vehicles and electric vehicles (EVs). Its operational structure consists of four key business divisions: mobility solutions, industrial technology, consumer goods, and energy and building technology. Within its mobility solutions division, the company sells a range of filter products. Bosch maintains a commitment to research and development. In 2022, the company spent around USD 8.2% of its revenue on research and development. For instance, in January 2024, Robert Bosch GmbH developed the FILTER+pro, a cabin filter that is designed to prevent the growth of viruses and mold. Its antimicrobial filter layer is precisely engineered to combat bacteria, pollen, and allergens effectively, filtering particulate matter sized 2.5 micrometers or more prominent.

MAHLE GmbH (Germany) is a renowned global automotive parts and component player. The company operates under six business segments: engine System and components, filtration and engine peripherals, thermal management, electronics and mechatronics, aftermarket and profit centers and services. Filters fall under filtration and engine peripherals. The company has a strong focus on R&D investments. 2022 the company invested 5.4% of its revenue in research and development. The company has a strong focus on acquisition strategy. For instance, In February 2023, The European Commission intends to enhance current CO2 fleet restrictions for heavy-duty commercial vehicles. MAHLE advocates for an approach that embraces diverse technologies to expedite reaching climate objectives. Hydrogen, a sustainable energy source, is crucial in this endeavor. Further, the company has a strong focus on new product development.

Related Reports:

Automotive Filters Market by Filters Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, EMI/EMC, Coolant, DPF, GPF, Urea), Vehicle Type, Electric & Hybrid Type, Aftermarket & Region - Global Forecast to 2030

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Automotive Filters Market Size,  Share & Growth Report
Report Code
AT 2146
RI Published ON
4/10/2024
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