Global Market Study on Automotive Filters: Revenue from IAM Sales Channel Segment in Asia Pacific Expected to Increase 1.9X by 2025 End


Automotive Filters Market
  • Report code : PMRREP16177 |
  • Industry : Automotive |
  • Published On : Jun-2017 |
  • Pages : 486 Pages |
  • Format :

About the Report

Rising pollution levels necessitate a certain amount of protection for not only living things but also mechanical and automobile equipment. Persistence Market Research (PMR) in its new report titled ‘Automotive Filters Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2025’ has studied the global automotive filters market over an eight-year forecast period. The company has relied on vital metrics such as CAGR, Y-o-Y growth, and incremental and absolute dollar opportunity to prepare the global automotive filters market report. PMR analysts have also provided their expert opinion that can be immensely beneficial for all relevant stakeholders operating in the global automotive filters market.

Before entering the global automotive filters market, it is highly advisable to understand the competitive landscape that can be expected. In this important section, the market structure, analysis, and competition dashboard have been mentioned for the readers’ perusal. The report has profiled 20 key players active in the global automotive filters market. Relevant company information, a brief description, product overview, SWOT analysis, major developments, and strategy overview allows readers to carry out a comparative study. The forecast factors that could shape the global automotive filters market along with their relevance and impact can be studied along with this section.

A few competitors may be dominant in one or more geographical regions while others might be strong across the globe. For the sake of the report, PMR has divided the global automotive filters market into five major geographical regions viz., North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Potential new entrants wishing to target only certain high-growth areas could refer to this informative section of the global automotive filters market report. The current automotive filters market size in terms of U.S. dollar million has been highlighted, along with the volume in terms of units throughout the duration of the forecast period. A regional market attractiveness analysis concludes this interesting section. The global automotive filters market has been divided on the basis of Filter Type, Filter Media, Sales Channel, and Vehicle Type. Each segmentation has been given its own dedicated chapter where the historical market size and volume for the period 2012-2016 has been highlighted. The forecast for the period 2017-2025 has been made to the best of PMR analyst knowledge and market study.

An important section of the global automotive filters market report is the market viewpoint where the macro-economic factors that could have an outsized influence on the global automotive filters market are discussed. The two main factors to consider are the growth in global vehicle production and global fleet size. The global automotive filters market dynamics are closely related to the above and should ideally be read in tandem. The drivers, restraints, opportunities and threats that can either positively or negatively impact the global automotive filters market are given in detail in this section. A glance at this section could assist report readers to take strategic decisions with respect to the global automotive filters market. A regional pricing analysis accompanies this section and could also prove beneficial.

The global automotive filters market report begins with an executive summary that is a concise yet comprehensive first glance at the global automotive filters market. The market overview and analysis can be found in this initial chapter. This includes the global automotive filters market definition and taxonomy. PMR analysts’ expert opinion has been given after exhaustively studying the global automotive filters market. It mentions the overall market approach and region to target along with the differentiating strategy to adopt to succeed in the global automotive filters market.

Market Segmentation

By Filter Type

  • Fuel Filter
    • Diesel
    • Gasoline
  • Oil Filter
  • Intake Air Filter
  • Cabin Air Filter

By Vehicle Type

  • PC
  • LCV
  • HCV
  • Off-road
  • Power-sports
  • Lawn Mowers

By Filter Media

  • Cellulose
  • Synthetic
  • Others

By Sales Channel

  • OEM
  • OES
  • IAM

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA

Best-in-class Research Methodology

Persistence Market Research has pioneered a research methodology that can be considered one of the best in the industry. The company analysts first conduct rigorous primary and secondary research to prepare a market player list. This list includes every component of the value chain after which a questionnaire that enables the extraction of all important data concerning the global automotive filters market is prepared. This data is scrutinized with advanced tools and validated using the triangulation method to acquire necessary insights into the global automotive filters market.

Synthetic filter media most lucrative segment in the global automotive filters market

The synthetic filter media was pegged at just over 1.1 billion units in the year 2016 and this is anticipated to reach nearly 1.7 billion units at the end of the forecast period, registering a CAGR of 4.6%. Even though it is anticipated to retain its dominance in the global automotive filters market, the synthetic filter media segment will stand to lose 140 BPS by 2025. Synthetic filter media finds increased application on account of its lower replacement rate and high dust holding capacity. Synthetic filter media is projected to create a total incremental opportunity of about US$ 3.6 Bn and should account for almost 60% of the global automotive filters market incremental opportunity during the forecast period.

In volume terms, IAM sales channel to be 1.8X that of OES by the end of 2025

The IAM sales channel segment already comprised more than 55% revenue share of the global automotive filters market in the year 2012. This is estimated to rise to about 58% by the end of the eight year study with a gain of 170 BPS. From a market value of slightly under US$ 6.5 Bn in 2017, IAM is projected to be worth more than US$ 10.1 Bn by the end of 2025, recording the highest CAGR of 5.8%. A total incremental dollar opportunity of approximately US$ 3.7 Bn can be safely expected in the IAM sales channel between 2017 and 2025. Key stakeholders in the global automotive filters market are advised to tap this highly lucrative sales channel. The rising preference for IAM sales channel can be explained because of its lower price when compared to other sales channels along with its widespread network.

IAM segment expected to dominate the Asia Pacific automotive filters market during the forecast period

The IAM sales channel segment held over 50% value share of the Asia Pacific automotive filters market in 2012. This segment is anticipated to witness a massive rise of 450 BPS by 2025 end and account for about 58% market share towards the end of the forecast period. The IAM sales channel segment is projected to register the highest value CAGR of 10.3% in the Asia Pacific automotive filters market. Being the most attractive segment in the Asia Pacific regional market, the IAM sales channel segment is expected to witness significant growth during the forecast period.

automotive filters market

Booming economic growth and global biggies make Asia Pacific too big to ignore

Rising purchasing power, improved infrastructure, and discerning customer tastes and preferences are driving the APAC automobile market and this directly stimulates the APAC automotive filters market. Global OEM’s are setting up manufacturing units in this key strategic region because of its huge population and need for personal mobility. In addition, regional governmental authorities have done away with scrap incentive schemes that all but force customers to purchase new automobiles. Major component manufacturers are also shifting their production units from developed to developing countries to take advantage of cheaper labor and economies of scale, therefore reducing the cost of production and increasing their profit margins. China, Thailand, and India are the production hubs for a number of multinational automobile companies such as Honda, Toyota, General Motors, and Nissan.

Rampant piracy a massive challenge in the APAC automotive filters market

The Federal Bureau of Investigation (FBI) has called counterfeiting ‘the crime of the 21st century’. The region most affected with counterfeit products is Asia Pacific and this is mainly due to the price sensitivity of most customers. Counterfeit parts can be nearly 40% cheaper than their original brethren and this will negatively impact the growth of the APAC automotive filters market. As per the ACMA President, a lack of mandatory safety regulations for the checking of automotive components is aiding the growth of the thriving gray market.

Company Profiles 

  • MAHLE GmbH
  • Robert Bosch GmbH
  • Denso Corporation
  • Donaldson Company Inc.
  • Mann Hummel GmbH
  • FRAM Group IP LLC
  • Sogefi S.p.A
  • Hollingsworth & Vose Company
  • K&N Engineering Inc.
  • Ahlstrom Corporation
  • Airmatic Filterbau GmbH
  • Alco Filters Ltd.
  • Cummins Inc.
  • Hengst SE & Co. KG
  • Freudenberg & Co. KG
  • EuroGielle S.r.l
  • Valeo SA
  • UFI Filters
  • Champion Laboratories
  • ACDelco
  • Others.
Back To Top