Automotive Filter Market: Trends, Opportunities and Competitive Analysis

Automotive Filter Market: Trends, Opportunities and Competitive Analysis

Automotive Filter Market Trends and Forecast

The future of the global automotive filter market looks promising with opportunities in the passenger cars, light commercial vehicle, and heavy commercial vehicles markets. The global automotive filter market is expected to reach an estimated $16.2 billion by 2027 with a CAGR of 3.4% from 2021 to 2027. The major drivers for this market are increase in vehicle production and sales, increased miles driven per vehicle, increase in government regulation and changes in the environmental norms, and increasing focus of vehicles owners on preventive maintenance.

Emerging Trends in the Automotive Filter Market

Emerging trends, which have a direct impact on the dynamics of the industry, include innovation of engine air filter tight space systems in commercial vehicle filters and the development for multi-filtration system.

A total of 116 figures / charts and 82 tables are provided in this 182-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global automotive filter market report, please download the report brochure.

Automotive Filter Market by Segments

Lucintel forecasts that fuel filter segment will remain the largest segment by product type and cabin air filter is expected to witness the highest growth over the forecast period. The study includes trends and forecast for the global automotive filter market by product type, vehicle type, end user, and region, as follows:

Automotive Filter Market by Product ($ Billion Shipment Analysis from 2016 to 2027):

• Engine Air Filter
• Oil Filter
• Fuel Filter
• Cabin Air Filter

Automotive Filter Market by Vehicle Type ($ Billion Shipment Analysis from 2016 to 2027):

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles

Automotive Filter Market by End User ($ Billion Shipment Analysis from 2016 to 2027):

• OEM
• Aftermarket

Automotive Filter Market by Region($ Billion Shipment Analysis from 2016 to 2027):

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• Russia
• United Kingdom
• Asia Pacific
• China
• Japan
• South Korea
• India
• Indonesia
• The Rest of the World
• Brazil
• Turkey

List of Automotive Filter Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive filter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive filter companies profiled in this report includes.

• Mann+hummel
• Mahle International
• Donaldson Company
• NGK Insulators
• Parker Hannifan

Automotive Filter Market Insights

• Lucintel forecasts that cabin air filter segment is expected to witness the highest growth over the forecast period due to rising concerns over the safer environment of a car’s interior resulted in increased demand for the cabin air filter segment in the automotive industry.
• Asia-Pacific region will remain the largest region and is also expected to witness the highest growth over the forecast period due to increased vehicle production and rising demand for vehicles and increasing average age of vehicles in operation.

Features of the Global Automotive Filter Market

• Market Size Estimates: Global automotive filter market size estimation in terms of value ($B) shipment.
• Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments.
• Segmentation Analysis: Global automotive filter market size by various segments, such as by product, vehicle type, and end user in terms of value.
• Regional Analysis: Global automotive filter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different segments by product, vehicle type, end user, and regions for the global automotive filter market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global automotive filter market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model

FAQ

Q1. What is the automotive filter market size?

Answer: The global automotive filter market is expected to reach an estimated $16.2 billion by 2027.

Q2. What is the growth forecast for automotive filter market?

Answer: The automotive filter market is expected to grow at a CAGR of 3.4% from 2021 to 2027.

Q3. What are the major drivers influencing the growth of the automotive filter market?

Answer: The major drivers for this market are increase in vehicle production and sales, increased miles driven per vehicle, increase in government regulation and changes in the environmental norms, and increasing focus of vehicles owners on preventive maintenance.

Q4. What are the major vehicle type or end use industries for automotive filter?

Answer: Passenger car is the major segment by vehicle type for automotive filter.

Q5. What are the emerging trends in automotive filter market?

Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include integration of predictive vehicle maintenance using real-time monitoring and development of artificial intelligence with vehicular infotainment system.

Q6. Who are the key automotive filter companies?

Answer: Some of the key automotive filter companies are as follows:

• Mann+hummel
• Mahle International
• Donaldson Company
• NGK Insulators
• Parker Hannifan

Q7.Which automotive filter segment will be the largest in future?

Answer: Lucintel forecasts that cabin air filter segment is expected to witness the highest growth over the forecast period due to rising concerns over the safer environment of a car’s interior resulted in increased demand for the cabin air filter segment in the automotive industry.

Q8: In automotive filter market, which region is expected to be the largest in next 5 years?

Answer:Asia-Pacific region will remain the largest region and is also expected to witness the highest growth over the forecast period due to increased vehicle production and rising demand for vehicles and increasing average age of vehicles in operation.

Q9. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1 What are some of the most promising growth opportunities for the global automotive filter market by product (engine air filter, oil filter, fuel filter, cabin air filter), vehicle type (passenger cars, light commercial vehicles and heavy commercial vehicles), end user (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which region will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?

Q.5 What are the business risks and competitive threats in this market?

Q.6 What are the emerging trends in this market and the reasons behind them?

Q.7 What are some of the changing demands of customers in the market?

Q.8 What are the new developments in the market and which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?

Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?

Q.11 What M&A activity has occurred in the last five years?

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