Automotive Noise Filter Market Forecasts to 2030 – Global Analysis By Type (Digital Filters and Analog Filters), Component (Control Units, Sensor and Other Components), Vehicle Type, Application and By Geography
According to Stratistics MRC, the Global Automotive Noise Filter Market is growing at a CAGR of 7.6% during the forecast period. Automotive noise filters are used to cut down on unwanted noise made by amplifiers, woofers, speakers, and other electrical components. The noise filter is a cutting-edge technological system used to reduce the driver's comfort while driving by removing the frequency and sound of unwanted noise produced by noise-producing components in a vehicle. On sound-conducting cables and on the electrical parts of cars, noise filters are utilized.
According to Organisation Internationale des Constructeurs d'Automobiles (OICA), about 9.2 million motor vehicles produced in the United States in 2021, with 1.5 million being cars and 7.6 million being commercial vehicles, and this figure is expected to rise in the coming years.
Market Dynamics:Driver:Increasing demand for commercial vehicle parts and components
The need for commercial vehicle parts and components rises along with commercial vehicle sales. Increased industrial and construction activity as well as the transportation of goods by road are factors contributing to the rise in commercial vehicle demand. Motor vehicles that are employed to convey commodities or paying passengers are among these vehicles. One of the causes of the rise is the movement in customer choice toward pick-up vehicles that can carry both freight and people. Compared to passenger automobiles, commercial vehicles like medium and heavy-duty trucks often travel longer distances, they therefore often need maintenance. Thus, when there are more commercial cars on the road, there will be more opportunities for automotive air filter producers to make money, which will help the industry as a whole grow.
Restraint:Increase of alternative, cutting-edge technologies
In addition to automotive noise filtering, there are a number of different methods that may be utilized to reduce radio-frequency interference (RFI) and electromagnetic interference (EMI). Shielding, grounding, isolation, filtering, and signal integrity design are popular alternatives to noise filtration. For instance, shielding is the process of covering electronic equipment or gadgets with conductive materials like copper or aluminum in order to either deflect or prevent electromagnetic radiation. Contrarily, grounding is connecting electrical equipment or gadgets to the earth using conductive wires or cables in order to lessen the buildup of static electricity and dissipate any electromagnetic waves generated. Thus, all the cutting-edge technologies are hampering the market growth.
Opportunity:Desire for opulent and comfortable cars
The market for automotive noise filters is fueled in part by consumer desire for luxurious and comfortable automobiles. Luxury automobiles come equipped with a variety of electrical parts and gadgets that are in charge of increasing the comfort level of the vehicle for the occupants by removing hindrances such loud inaudible noise and vibrations while driving. In order to provide comfort within the car, numerous systems and components are incorporated, including noise filters, infotainment systems, safety systems, and music systems. Additionally, Automotive Noise Filter lessens High Pitched Noise brought on by the electrical components of the automobile, such as the engine, woofer, speakers, amplifiers, and other systems.
Threat:Advanced noise filter technologies are expensive
The cost of automobiles as a whole may grow dramatically with the inclusion of modern noise filter technology. This may serve as a constraint, especially for customers and markets that are price sensitive. In addition, noise filter installation in cars may be a challenging operation that calls for specific tools and knowledge. Manufacturers and service providers may have difficulties as a result, which might lower the adoption rate as a whole.
Covid-19 Impact
Since the emergence of COVID-19, a large portion of the workforce has been working from home. Digital filters increase the volume of some frequencies while reducing the volume of others. They can isolate key frequencies from a signal. The automotive noise filter market was increasing at a moderate rate before the COVID-19 outbreak. Electronics manufacturing has come to a halt as a result of the disease's spread. Because the most prevalent route for COVID-19 to spread is through close human contact, several e-commerce companies temporarily halted the delivery of non-essential items, particularly electronics devices, impacting sales of electronic products in general and digital filters in particular.
The digital filters segment is expected to be the largest during the forecast period
The digital filters segment is estimated to have a lucrative growth, because of technology advancements in the automobile business, digital filters are commonly utilized. Finite impulse response (FIR) and infinite impulse response (IIR) are the two types of digital filters. Modernization has increased the speed of Digital Signal Processing (DSP) technology. High-frequency signals in the radio frequency domain are processed using digital filters. Transferring analog data to a processor for digital filtering involves running the appropriate code on the processor. Additionally, digital filters are more accurate in filtering sound, but they need digital signals to do it, and they are portable, which are driving factors for the market expansion.
The in-vehicle infotainment system segment is expected to have the highest CAGR during the forecast period
The in-vehicle infotainment system segment is anticipated to witness the highest CAGR growth during the forecast period. The In-Vehicle Infotainment (IVI) is a collection of automotive technologies that employ voice controls, touch screen displays, button panels, audio and video interfaces, and more to provide the driver and passengers with entertainment and information. Additionally, the research report has demonstrated how the in-car entertainment industry is boosting luxury vehicle demand, technical innovation, and telematics laws. And this element is expanding the market on a worldwide scale.
Region with largest share:Asia Pacific is projected to hold the largest market share during the forecast period owing to the top spot for automotive noise filters. According to estimates, China, South Korea, and India will likely see considerable increases in demand in the coming years. The automobile and electronics sectors are both major in the Asia Pacific region. They are extensively consumed and helping the automotive noise filter market expands as a result of evolving advanced technologies and improved electronics specifications.
Region with highest CAGR:Asia Pacific is projected to have the highest CAGR over the forecast period, owing to to changing customer tastes, rising middle-class per capita income, and cost advantages, OEMs have increased car manufacturing in the area, with China accounting for the greatest proportion. Additionally, there has been a noticeable increase in demand for premium-range vehicles outfitted with cutting-edge cabin comfort amenities and strong engines. In the upcoming years, it is projected to stay upbeat. Moreover, expanding e-commerce and major infrastructure projects in developing nations like China and India have sped up the expansion of the heavy commercial vehicles market.
Key players in the market
Some of the key players profiled in the Automotive Noise Filter Market include ARKAMYS, Analog Devices, ARM, Cadence, Fujian Xinsen Carbon, Ingevity Corporation, Intel Corporation, NXP Semiconductors, Qualcomm Incorporated, Renesas, Shenhua Group, Spreadtrum Communications, STMicroelectronics, Thunder Software Technology, Panasonic Industry Co. Ltd, Murata Manufacturing Co Ltd and Vishay International Inc
Key Developments:In August 2023, TSMC, Bosch, Infineon, and NXP Establish Joint Venture to Bring Advanced Semiconductor Manufacturing to Europe. The planned joint venture will be 70% owned by TSMC, with Bosch, Infineon, and NXP each holding 10% equity stake, subject to regulatory approvals and other conditions.
In August 2023, Qualcomm Collaborates with Hyundai Motor Group on Purpose-Built Vehicle Infotainment, as a part of the technology collaboration, the Group will incorporate the latest Snapdragon® Automotive Cockpit Platforms in its PBV infotainment system to provide a holistic, seamlessly connected and smart user experience.
In June 2023, Analog Devices Announces Apollo MxFE™ Advanced Software-Defined Signal Processing Solution for Aerospace & Defense, Instrumentation, and Next-Generation Wireless Communications. The growth of data intensive applications is increasing the need for wider bandwidths and more rapid processing and analysis of data for 5G, 6G, Wi-Fi 7 & 8, radar, signal intelligence, and other applications at the network edge.
Types Covered:
• Digital Filters
• Analog Filters
Components Covered:
• Control Units
• Sensor
• Other Components
Vehicle Types Covered:
• Passenger Vehicle
• Commercial Vehicle
Applications Covered:
• In-Vehicle Infotainment System
• Alerting System
• Tyre Pressure Monitoring System (TPMS)
• Other Applications
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Companies MentionedARKAMYS
Analog Devices
ARM, Cadence
Fujian Xinsen Carbon
Ingevity Corporation
Intel Corporation
NXP Semiconductors
Qualcomm Incorporated
Renesas
Shenhua Group
Spreadtrum Communications
STMicroelectronics
Thunder Software Technology
Panasonic Industry Co. Ltd
Murata Manufacturing Co Ltd
Vishay International Inc