Automotive Filters Market Research Report - Forecast till 2025
Market Overview
The size of the global automotive filters market is anticipated to grow at a 3.0% CAGR over the course of the forecast period. Vehicles utilize filters to protect the engine's parts and components and to ensure a smooth, uninterrupted flow of oil and fuel. For purifying the cabin air, many filters are utilized. To increase a vehicle's efficiency, filters are essential. Different filters are included in all current cars to increase their efficiency. According to the vehicle's mileage and the amount of smog, or dust particles in the air, in the city, automotive filters are typically changed every four to six months.
Significant technological advancements in component efficiency and design are still being made in the car sector. For instance, due to the continual increase in global car manufacturing, the emission standards for vehicles sold in Europe are severe, aiming to reduce emissions from tailpipes and other sources. Since the Volkswagen emission scandal, both consumers and government authorities have become more cautious when selecting and using filters and other components, leading to strict policies and regulations to encourage compliance with the emission standards. Globally, rapidly increasing emission rates have made it necessary to impose strict emission regulations to protect the public's interests.
Market Segmentation
The divisions of the global automotive filters market, based on the type are fuel filters, air filters, oil filters, cabin filters, and others. Based on propulsion the market is segmented into ICE and electric. Heat engines include internal combustion engines (ICE). The Global Automotive Filters Market is segmented based on sales channels into OEM and Aftermarket industries. The Global Automotive Filters Market is divided into three segments based on vehicle type: passenger vehicles, light commercial vehicles, and heavy commercial vehicles.
Regional Analysis
North America, Europe, Asia-Pacific, and the rest of the world are used to categorize the regions. The need for automotive filters is being driven by the increase in the number of passenger cars and construction vehicles in the Asia Pacific. Factors like rising per capita income, enhanced infrastructure spending, and measures to raise FDI and economic production costs can be linked to increased auto sales in the region. Most manufacturers of vehicle filters are in Asia-Pacific.
The automobile filter market in North America is anticipated to rise because of the expanding US market. Government regulations that are stricter and rising public awareness of the need for filter replacement will boost market expansion in North America. The region is investing more in the creation of new and enhanced filter mediums, and the integration of production activities will increase the market share of the region for vehicle filters. The region's rising demand for cars and the expansion of major filter production facilities in Canada and Mexico are anticipated to boost North America's market position in the global market for automotive filters.
Major Players
The Key players associated with the automotive filters market are Robert Bosch GmbH (Germany), Mann+Hummel (Germany), Donaldson Company, Inc. (US), Denso Corporation (Japan), Cummins Inc. (US), ALCO Filters Ltd. (Cyprus), Toyota Boshoku Corporation (Japan), Mahle GmbH (Germany), Parker Hannifin Corp (US), ACDelco (US), and Hollingsworth & Vose Company (US).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.Robert Bosch GmbH (Germany)
Mann+Hummel (Germany)
Donaldson Company Inc. (US)
Denso Corporation (Japan)
Cummins Inc. (US)
ALCO Filters Ltd. (Cyprus)
Toyota Boshoku Corporation (Japan)
Mahle GmbH (Germany)
Parker Hannifin Corp (US)
ACDelco (US)
and Hollingsworth & Vose Company (US)
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