Global Heavy Duty Road Filtration Aftermarket Size study, By Product (Oil, Air, Cabin, Fuel), By Application (Trucks & Buses, Construction, Mining), and Regional Forecasts 2022-2028
Global Heavy Duty Road Filtration Aftermarket is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Heavy duty Filtration systems are used to process, separate, a stream by separating elements and removing debris. This filtration systems are used in different industries such as Automotive, mining, and construction among others to minimize air pollution. Heavy duty filtration systems are categorized in different formats based on their application areas like - engine air filter, cabin air filter, oil filter, and fuel filter etc. growing Construction sector and increasing government regulations to curb air pollutions as well as product innovation from leading market players are driving the growth for Heavy Duty Road Filtration Aftermarket. For instance, according to Statista – in 2020, the global construction market was valued at USD 6.4 trillion, and it is projected to grow to USD 14.4 by 2030. Furthermore, increasing number of product launches are also driving growth for Heavy Duty Road Filtration Aftermarket. For instance, In October 2021, Ludwigsburg, Germany based MANN+HUMMEL launched its new air filtration system named ENTARON HD 2.5 for agriculture and construction machines. This new filtration system offers higher air flow rating and a 35 percent longer life than other available products . Also, rising industrial air pollution and increasing ownership of automobiles across the globe are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high cost associated with heavy duty road filtration impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Heavy Duty Road Filtration Aftermarket study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and stringent government regulations over industrial air pollution. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rising growth of different end use sector like automobile, construction and mining and increasing penetration leading market players in the region, would create lucrative growth prospects for the Heavy Duty Road Filtration Aftermarket across the Asia Pacific region.
Major market players included in this report are:
Mann & Hummel Gruppe
Cummins Filtrations
UTI Filters
SOGEFI Group
Parker Hannifin Corporation
Donaldson
WIX-Filters
Muller Filter
UFI Filters
ALCO Filters
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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available 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 Product
Oil
Air
Cabin
Fuel
By Application
Trucks & Buses
Construction
Mining
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
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Heavy Duty Road Filtration Aftermarket in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Mann & Hummel Gruppe
Cummins Filtrations
UTI Filters
SOGEFI Group
Parker Hannifin Corporation
Donaldson
WIX-Filters
Muller Filter
UFI Filters
ALCO Filters
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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