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.
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
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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 Scope | Details |
Market Size | USD 28 Billion by 2030 |
Growth Rate | CAGR of 4.7% From 2021 to 2030 |
Base Year | 2020 |
Historic Data | 2017 to 2020 |
Forecast Period | 2021 to 2030 |
Segments Covered | Filter, Vehicle, Distribution Channel |
Regional Scope | North America, APAC, Europe, Latin America, MEAN, Rest of the World |
Comapnies Mentioned | Robert 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
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