Automotive Filters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global automotive filters market size reached US$ 22.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 28.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.
Automotive filters prevent harmful pollutants, impurities and contaminants from infiltrating the vehicle. These filters also absorb pollen, dust particles and foul-smelling gases that enter through the heating, ventilation and air conditioning (HVAC) system into the vehicle. This helps to maintain a healthy and hygienic ambiance and avoid visibility issues by preventing rapid condensation of the windscreen. Moreover, as automotive filters enhance engine performance and reduce fuel consumption, they are gaining traction worldwide to minimize the environmental impact of the vehicle.
With the increasing sales of automobiles and rising environmental concerns, governments of several countries are formulating stringent standards regarding greenhouse gas (GHG) emissions and the fuel economy of vehicles. This, in turn, is escalating the adoption of various types of filters in automobiles to reduce carbon emissions. Moreover, the rising levels of air pollution in urban cities, along with the increasing prevalence of respiratory disorders among individuals, is escalating the demand for automotive filters to absorb air pollutants and provide cleaner air. Furthermore, leading players are investing in research and development (R&D) activities to increase the service life of these filters.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive filters market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on media type, filter type, distribution channel and vehicle type.
Breakup by Media Type:
Cellulose
Fiberglass
Others
Breakup by Filter Type:
Air Filters
Fuel Filters
Hydraulic Filters
Oil Filters
Steering Filters
Coolant Filters
Others
Breakup by Distribution Channel:
OEM
Aftermarket
Breakup by Vehicle Type:
Commercial Vehicles
Passenger Vehicles
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Cummins Inc., DENSO Corporation, Donaldson Company Inc., General Motors Company, Hengst SE, Hollingsworth & Vose Company, K & N Engineering Inc., Lydall Inc., MAHLE GmbH, MANN+HUMMEL GmbH, Parker-Hannifin Corporation, Robert Bosch GmbH and Sogefi SpA.
Key Questions Answered in This Report:
How has the global automotive filters market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global automotive filters market?
What are the key regional markets?
What is the breakup of the market based on the media type?
What is the breakup of the market based on the filter type?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the vehicle type?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global automotive filters market and who are the key players?
What is the degree of competition in the industry?
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