Automotive Filters Market
Global Market Study on Automotive Filters: Increasing Focus on Engine Durability to Create Substantial Demand for Automotive Filters
Automotive Filters Market Segmented By Diesel, Gasoline as Fuel Filters, Oil Filters, Intake Air Filters, Cabin Air Filters Type in PCs, LCVs, HCVs, Off-road, Power Sports, Lawn Mowers Vehicle with Cellulose, Synthetic Filter Media
In automobiles, the filter functions as a means to eradicate harmful particulates of dust and metal, which can be the cause for the engine to malfunction, ultimately leading to deteriorated vehicle performance. Automotive filters serve a broad range of engine models equipped for up-gradation of power and engine efficiency.
Automotive filters cater to various engine applications such as fuel filtration, lube filtration, and coolant filtration. In general, an automotive filter assembly consists of aluminum alloy or zinc alloy die casted top and bottom, along with a perforated sheet metal body, which holds the filter paper, clothes, or foam. With booming vehicle sales, the demand for filters from manufacturers is rising.
Maintenance of the engine with regards to miles driven has boosted the trend of reducing vehicle downtime and long-term operating costs, which is expected to gain further traction in the years ahead, thereby surging the growth of the global automotive filters market over the forecast period.
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- MAHLE GmbH
- Robert Bosch GmbH
- Denso Corporation
- Sogefi SpA
- Valeo SA
- Hollingsworth & Vose Company
- UFI FILTERS S.p.A
- Donaldson Company, Inc.
- Cummins Inc.
- Freudenberg & Co. KG
- K&N Engineering, Inc.
- Mann+Hummel GmbH
- Ahlstrom Corporation
- Airmatic Filterbau GmbH
- ALCO Filters Ltd
- EuroGIELLE S.r.l.
- Hengst SE & Co. KG
Rising Health Awareness to Fuel Demand for Automotive Filters
Without high performance automotive filters, several recent developments to make vehicles cleaner and more efficient would not have been possible. Automotive filters facilitate fuel savings and reduce congestion. Efficient motor technology results in cleaner air and better environment.
Government schemes on stringent vehicle emission regulations implemented all over the globe to reduce pollution mandate compulsory vehicle checking. A crucial factor affecting the dynamics of the automotive filters market is the change in consumer preference for fuel competence and the need to reduce pollutant emissions.
The automotive filter unit monitoring the vehicle is basically dependent on engine type, air, fuel, and lube flow rate. Automotive filters also aid routine maintenance of the vehicle to adequately diagnose and supplement the coolant chemicals. Most of these solutions necessitate utilization of automotive filters, and are projected to further boost the growth of the automotive filters market.
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Automotive Filters Market: Structure Analysis
Customised product offerings, quality, and aftersales support are anticipated to play a significant role in promoting the sales of automotive filters. As vehicle engine and cabin designs have evolved in complexity, automotive filter manufacturers have been adopting precise measures to ensure the best possible product performance for diversified end uses.
Moreover, manufacturers are also emphasizing on expanding their geographical reach and manufacturing capabilities through research & development in order to ensure a prominent position in the competitive automotive filters market.
- Major players in the automotive filters market include Mahle Group, Robert Bosch GmbH, Mann+Hummel GmbH, FRAM Group IP LLC, Sogefi SpA, Donaldson Company Inc., K&N Engineering, Denso Corporation, and Airmatic Filterbau GmbH, among others.
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A detailed view of the automotive filters market has led our analyst to conclude that, rising customer focus on preventive measures to ensure engine efficiency has sparked the demand for filters in automobiles. It has been observed that, automotive engines and oils have evolved dramatically over the last few years.
Henceforth, manufacturers will emphasizing on technology, knowledge, and resources. In the coming years, automotive filters markets in developing countries will create opportunities for numerous foreign players to penetrate into. This could present significant opportunities for local firms to form joint ventures or acquisitions by larger players that want to gain a foothold in domestic markets.
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Key Segments of Automotive Filters Market
PMR’s study on the automotive filters market is divided into five significant segments - filter type, vehicle type, filter media, sales channel, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters related to these categories.
Key Questions Answered in Report
- How much is the automotive filters market worth?
The global automotive filters market is estimated to be worth US$ 21.5 Bn by the year 2031.
- What will be the demand outlook?
The global automotive filters market will witness a CAGR of 2.6% between 2021 and 2031.
- What was the last 5 year market CAGR?
The global automotive filters market witnessed a CAGR of 1.5% between 2015 and 2020.
- What are the key trends of automotive filters market?
Use of cellulose media for making automotive filters is one of the key trends pertaining to automotive filters market, mainly due to the fact that such filters make way for much better workflow (for combustion).
- What is driving the demand for automotive filters?
Growing awareness regarding quality of air cabin drives the demand for automotive filters.
- What is the market share of top 5 players?
The top 5 players driving the automotive filters market include MANN + HUMMEL, Robert Bosch, Sogefi, Donaldson, and MAHLE.
- What are the top 5 countries driving demand?
The top 5 countries driving the demand include Germany, Italy, the US, UK, and India.
- What is North America’s market Outlook?
North America holds a noteworthy share and will continue to do so, thanks to the US.
- At what percentage automotive filters market is going to register growth in Europe?
Europe is expected to grow at the rate of 1% in the automotive filters market between 2021 and 2031.
- What are the key market statistics in Korea and Japan?
Japan and Korea will make greater strides in the Asia-Pacific in the forecast period.