Follow Us

header ads
header ads

Automotive Filter Market to Value Almost US$ 28 Bn by 2030

 The global automotive filter market size is expected to reach US$ 28 billion by 2030 from US$ 21.5 billion in 2020 and is expected to grow at an impressive double-digit rate of 4.7% from 2021 to 2030.

Automotive Filter Market Size 2020 to 2030

The study includes drivers and restraints of this market. The study provides an analysis of the global automotive filter Market for the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is considered as the base year.

Automotive vehicle facilitates smooth functioning of the engines by eliminating harmful dust particles from the engines and hence improves the vehicle performance. The growing demand for the automotive vehicles is augmenting the automotive filter market. Rising personal disposable income and rise in the standard of living in the developed countries had significantly contributed to the market growth in the past. Rising fuel prices have fostered the demand for the efficient automotive filter among the consumers.

Crucial factors accountable for market growth are:

  • Increased production of vehicles
  • Rising demand for luxury vehicle
  • Technological advancement in the automotive filters
  • New product launches by the players
  • Government regulations to reduce carbon footprint
  • Growing demand for commercial vehicles in developing markets
  • Development of automotive filter from lightweight materials
  • Rising health awareness

Get the Sample Pages of Report for More Understanding@ https://www.precedenceresearch.com/sample/1278

Report Highlights

  • Cabin air filter segment led the global automotive filter market with remarkable revenue share in 2020. Rising adoption of passenger vehicles and growing health consciousness among the population are uplifting the segment growth.
  • By vehicle type, the commercial segment held the major revenue share in the global automotive filter market in 2020 owing to the higher demand and the growing investment on urbanization, infrastructure, and industrialization.
  • By distribution channel, the aftermarket segment held the major revenue share in the global automotive filter market in 2020 owing to its increased penetration in the developed markets of North America and Europe.

Report Coverage

Market ScopeDetails
Market SizeUSD 28 Billion by 2030
Growth RateCAGR of 4.7% From 2021 to 2030
Base Year2020
Historic Data2017 to 2020
Forecast Period2021 to 2030
Segments CoveredFilter, Vehicle, Distribution Channel
Regional ScopeNorth America, APAC, Europe, Latin America, MEAN, Rest of the World
Comapnies MentionedRobert Bosch GmbH, MAHLE GmbH, Toyota, K & N Engineering, DENSO Corporation, Sogefi, General Motors, Valeo SA, MANN + HUMMEL International, Hengst SE

Regional Snapshots

North America is the dominating automotive filter market. The increased disposable income, higher demand for passenger vehicles, higher demand for luxury vehicles, presence of top OEMs, and developed infrastructure has fueled the growth of the automotive filter market in the region. Moreover, North America is a matured market for automotive filters. The population in US has higher demand for personal means of transport due to the less availability of public transport has perfectly fostered the automotive filter market in the region.

Asia Pacific is the most opportunistic market, owing to the factors such as increased investments on developing infrastructure and connectivity, rising middle class, growing demand for vehicles, rapid urbanization, and rapid industrialization.

Market Dynamics

Drivers

Strict government regulations for reducing carbon footprint are a primary factor augmenting the demand for the automotive filter. The automotive filters improves the vehicle performance by protecting the engine from malfunctioning and also increases fuel efficiency of the vehicle. Furthermore, the rising prices of gasoline are positively driving the market growth. In order to reduce carbon footprint and control fuel consumption, the manufacturers are investing in the production of advanced automotive filters.

Restraints

One of the major restraints hampering the growth of the automotive fuel market is the growing adoption of electric vehicle.Growing environmental concerns have led to the growth of the electric vehicles. Therefore, the world is planning to shift to the electric vehicles in order to reduce carbon emission from vehicles and for the safety of the environment. Hence, the rapid growth and adoption of electric vehicles is retraining the growth of the automotive filter market across the globe.

Opportunities

The heavy investments by the automotive filter market players in developing advance filter technology are expected to provide growth opportunities in the upcoming future. The filter media protects from dust and metal particles. In the forthcoming years, there will be a huge market for the odor and dust filter. Moreover, the development of synthetic media will enhance fuel consumption and lower carbon emission. These technological enhancements will augment the automotive filter market in the forthcoming years.

Challenges

The upsurge in the demand for the installation of non-replaceable filters poses a great challenge to the growth of the automotive filter market. The non-replaceable filters can be used for a longer time period as it is washable. Moreover, the availability of non-replaceable filters in the aftermarket is further hampering the growth of the automotive filter. The presence of unauthorized aftermarket is a much bigger challenge, especially in the developing markets like India and China.

Recent Developments

  • In 2019, DENSO announced to build a new manufacturing plant of around 100,000 sq. meters, in China, to ramp up its automotive parts production and also for warehousing and distributing activities.
  • In June 2019, MAHLE launched CleanLine, a new fuel filter that reduces the maintenance costs and safeguards the injection nozzles even if the fuel quality is lower.

Why should you invest in this report?

If you are aiming to enter the global automotive filter market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for automotive filter are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Key Questions Answered by the Report:

  • What will be the size of the global automotive filter market in 2030?
  • What is the expected CAGR for the automotive filter market between 2021 and 2030?
  • Which are the top players active in this global market?
  • What are the key drivers of this global market?
  • How will the market situation change in the coming years?
  • Which region held the highest market share in this global market?
  • What are the common business tactics adopted by players?
  • What is the growth outlook of the global automotive filter market?

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Automotive Filter Market, By Filter

7.1. Automotive Filter Market, by Filter Type, 2021-2030

7.1.1. Fuel Filter

7.1.1.1. Market Revenue and Forecast (2017-2030)

7.1.2. Engine Oil Filter

7.1.2.1. Market Revenue and Forecast (2017-2030)

7.1.3. Cabin Air Filter

7.1.3.1. Market Revenue and Forecast (2017-2030)

7.1.4. Steering Filter

7.1.4.1. Market Revenue and Forecast (2017-2030)

7.1.5. Engine Air Filter

7.1.5.1. Market Revenue and Forecast (2017-2030)

7.1.6. Others

7.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 8. Global Automotive Filter Market, By Vehicle

8.1. Automotive Filter Market, by Vehicle, 2021-2030

8.1.1. Passenger Vehicle

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Commercial Vehicle

8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Automotive Filter Market, By Distribution Channel 

9.1. Automotive Filter Market, by Distribution Channel, 2021-2030

9.1.1. OEM

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Aftermarket

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Automotive Filter Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Filter (2017-2030)

10.1.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.1.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.1.4. U.S.

10.1.4.1. Market Revenue and Forecast, by Filter (2017-2030)

10.1.4.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.1.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.1.5. Rest of North America

10.1.5.1. Market Revenue and Forecast, by Filter (2017-2030)

10.1.5.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.1.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Filter (2017-2030)

10.2.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.2.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2.4. UK

10.2.4.1. Market Revenue and Forecast, by Filter (2017-2030)

10.2.4.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.2.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2.5. Germany

10.2.5.1. Market Revenue and Forecast, by Filter (2017-2030)

10.2.5.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.2.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2.6. France

10.2.6.1. Market Revenue and Forecast, by Filter (2017-2030)

10.2.6.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.2.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2.7. Rest of Europe

10.2.7.1. Market Revenue and Forecast, by Filter (2017-2030)

10.2.7.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.2.7.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Filter (2017-2030)

10.3.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.3.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3.4. India

10.3.4.1. Market Revenue and Forecast, by Filter (2017-2030)

10.3.4.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.3.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3.5. China

10.3.5.1. Market Revenue and Forecast, by Filter (2017-2030)

10.3.5.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.3.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3.6. Japan

10.3.6.1. Market Revenue and Forecast, by Filter (2017-2030)

10.3.6.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.3.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3.7. Rest of APAC

10.3.7.1. Market Revenue and Forecast, by Filter (2017-2030)

10.3.7.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.3.7.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Filter (2017-2030)

10.4.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4.4. GCC

10.4.4.1. Market Revenue and Forecast, by Filter (2017-2030)

10.4.4.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.4.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4.5. North Africa

10.4.5.1. Market Revenue and Forecast, by Filter (2017-2030)

10.4.5.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.4.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4.6. South Africa

10.4.6.1. Market Revenue and Forecast, by Filter (2017-2030)

10.4.6.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.4.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4.7. Rest of MEA

10.4.7.1. Market Revenue and Forecast, by Filter (2017-2030)

10.4.7.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.4.7.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Filter (2017-2030)

10.5.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.5.4. Brazil

10.5.4.1. Market Revenue and Forecast, by Filter (2017-2030)

10.5.4.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.5.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.5.5. Rest of LATAM

10.5.5.1. Market Revenue and Forecast, by Filter (2017-2030)

10.5.5.2. Market Revenue and Forecast, by Vehicle (2017-2030)

10.5.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

Chapter 11. Company Profiles

11.1. Robert Bosch GmbH

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. MAHLE GmbH

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Toyota

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. K & N Engineering

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. DENSO Corporation

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Sogefi

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. General Motors

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Valeo SA

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. MANN + HUMMEL International

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Hengst SE

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

Buy this Premium Research Report@ https://www.precedenceresearch.com/checkout/1278

About Us:

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and among different ventures present globally.

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Blog: https://precedenceresearchnews.wordpress.com

Post a Comment

0 Comments