Automotive Filters Market

Automotive Filters Market worth $23.1 billion by 2026

The report "Automotive Filters Market by Filter Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, Dryer Cartridge, EMI/EMC, Coolant Particle), Air & Cabin Filter Media, Fuel & Vehicle Type, Aftermarket - Global Forecast to 2026", is estimated to grow from USD 19.5 billion in 2021 to USD 23.1 billion by 2026, at a CAGR of 3.4% during the forecast period. The increasing stringency of vehicle emission and fuel economy regulations are expected to drive the growth of the automotive filters market. Additionally, the increasing vehicle production globally, particularly, countries such as China, India, etc. is expected to drive the demand for automotive filters.

Browse 336 market data Tables and 52 Figures spread through 285 Pages and in-depth TOC on "Automotive Filters Market by Filter Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, Dryer Cartridge, EMI/EMC, Coolant Particle), Air & Cabin Filter Media, Fuel & Vehicle Type, Aftermarket - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/automotive-air-filters-market-1270.html

“Particle to be the largest segment, by material type

Particle is estimated to be the largest segment in the automotive filters market. Particle cabin filters are very cost-effective compared to activated carbon and electrostatic cabin filters and offer above-average performance. Their low cost is one of the key factors for the growth of these filters, especially in price-sensitive countries such as India and China. Particle filters have a filter barrier made of a fully synthetic non-woven fabric. Synthetic fibers are not hygroscopic and, hence, water does not cause the cabin filters to deform. Such advantages are expected to result in steady growth for particle filters market in the near future.

“Passenger Car to be the fastest growing market for automotive filters market, by vehicle type”

Passenger vehicles account for the largest share of environmental pollution caused by vehicles. Therefore, governments in several countries have implemented stringent pollution control norms for passenger vehicles. For instance, strict vehicular emission transition norms in India, such as BS 6, will ensure better treatment and filtration of exhaust gases. This will require the installation of more efficient filters, subsequently driving the market growth for filters in the passenger car segment.

North America is estimated to be the largest market for automotive filters aftermarket”

The North American automotive industry is one of the fastest-growing industries in the world and is dominated by domestic OEMs, such as Ford and General Motors, along with established European and Japanese OEMs. The US is home to leading aftermarket suppliers, such as Donaldson, ACDelco, and K&N Engineering, for automotive filters in the world. Hence, it can be inferred that the US is a matured aftermarket for automotive filters. The lack of adequate public transport and the wide geographical area of the country have compelled people to travel in their own vehicles. The average miles driven in the US is, therefore, higher as compared to other countries.

Mexico does not have stringent emission and fuel economy regulations similar to the US or Canada. However, there is a plan to harmonize the regulations with that of the US. This would generate demand for advanced filters like air and fuel filters in the aftermarket that will be compatible with the new emission regulations. Canada has signed a free trade agreement with the US and Mexico. This has strengthened the country’s automotive industry and increased sales, thereby stimulating the demand for automotive filters in the aftermarket. Thus, the North American automotive filters is expected to witness a significant growth in the coming years.

The Automotive Filters Market is dominated by global players and comprises several regional players. The key players in the automotive filters market are MANN+HUMMEL (Germany), MAHLE (Germany), Donaldson (US), Sogefi (Italy), and Robert Bosch (Germany).

Don’t miss out on business opportunities in Automotive Filters Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
AT 2146
PR Published ON
10/1/2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Automotive Filters Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home