Global Automotive Filters Market Size study & Forecast, by Type (Air Filter, Oil Filter, Fuel Filter), by Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Analysis, 2023-2030

Global Automotive Filters Market Size study & Forecast, by Type (Air Filter, Oil Filter, Fuel Filter), by Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Analysis, 2023-2030

Global Automotive Filters Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Automotive filters are essential components used in vehicles to remove contaminants and impurities from various systems, ensuring proper functioning and longevity. These filters play a crucial role in maintaining the overall performance and efficiency of a vehicle. The key factors driving the market growth are shifting preferences of the consumer towards fuel-efficient diesel engines, stringent government emission regulations, increasing number of vehicles, and growing advancement in automotive filters is anticipated to create a lucrative demand for the market during the forecast period 2023-2030.

Moreover, the growing demand for motor vehicles has played a significant role in supporting the growth of the Automotive Filters Market. As the number of vehicles on the road increases, there is a corresponding rise in the need for automotive filters. These filters are essential components in vehicles as they help to maintain the efficiency and performance of various systems. According to Statista, in 2020, globally the number of motor vehicles sold was 78.79 million units and the demand for motor vehicles increased significantly and reached 81.63 million units in 2022. As a result, the growing motor vehicle demand is anticipated to support the market growth. Additionally, increasing demand for premium vehicles and rising trends in vehicle customization are anticipated to create lucrative opportunities for the market during the forecast period 2023-2030. However, the rising adoption of battery electric vehicles stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Automotive Filters Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to cohesive government regulation, increasing production of SUVs and luxury vehicles, and growing demand for advanced filtration technology. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising passenger vehicle demand, growing use of technologically advanced filtration solutions, rising demand for luxury cars, and growing demand for automotive components.

Major market player included in this report are:
Robert Bosch GmbH
MAHLE GmbH
Sogefi SpA
Ahlstrom-Munksjo
Hengst SE
K&N Engineering, Inc.
MANN+HUMMEL
Valeo SA
Toyota Boshoku Corporation,
General Motors Company (ACDelco, Inc.)

Recent Developments in the Market:
 In December 2021, Ahlstrom-Munksjö designed new fuel cell air intake filters for hydrogen-powered automobiles. The newly constructed fuel cell filter anticipated to protect fuel cells from hazardous gases and particles. The filter also assist to extend the life of the fuel cell and reduce the need for a catalyst.

Global Automotive Filters Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Type, Vehicle Type, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Air Filter
Oil Filter
Fuel Filter
By Vehicle Type:
Passenger Cars
Commercial Vehicles
By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Robert Bosch GmbH
MAHLE GmbH
Sogefi SpA
Ahlstrom-Munksjo
Hengst SE
K&N Engineering, Inc.
MANN+HUMMEL
Valeo SA
Toyota Boshoku Corporation,
General Motors Company (ACDelco, Inc.)

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