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Research report covers the Automotive Filter Market share and Growth, 2018-2028

01-28-2019 01:38 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

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Automotive Filter

Automotive Filter

Increasing purchasing power of people across the globe, and rapidly expanding automotive industry are expected to boost demand for automobiles, and thereby automotive filters. In addition, increasing adoption of two-wheelers, and soaring sales of passenger cars are other factors influencing growth of the global automotive filter market. A latest report by Fact.MR projects the global automotive filter market to register steady CAGR during the forecast period 2017 to 2022. In terms of revenues, the market is estimated to reach nearly US$ 15,000 Mn in 2017; by 2022 this number is anticipated to surpass US$ 18,000 Mn.

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Cabin Air Filter to Remain Sought-After in the Market

Based on product type, cabin air filter are expected to remain sought-after in the global automotive filter market. Demand for cabin air filters is mainly driven by surging requirement for high efficiency cars, and growing pollution levels across the globe, particularly in urban areas. Sales of cabin air filters are expected to register the highest CAGR in the market during the forecast period. In contrast, sales of oil filter are expected to register the lowest CAGR through 2022. In addition, intake air filters will remain the second most lucrative product in the global automotive filter market.

Synthetic automotive filters will remain preferred among filter media in the market. Sales of synthetic automotive filters are expected to register an above-average CAGR, to surpass US$ 10,000 Mn in revenues by 2022-end. Revenue from synthetic automotive filters are expected to account for nearly three-fourth share of the market in 2017. Demand for cellulose automotive filters will remain sluggish in the market throughout the forecast period.

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Sales of Automotive Filters to Remain Highest in Passenger Cars

Adoption of passenger cars across the globe is witnessing a rapid growth, which in turn has fuelled the demand for automotive filters. High replacement rate of filters owing to the necessity for maintenance of passenger cars will further drive growth of the market. Sales of automotive filters in passenger cars will account for the largest revenues, registering the fastest expansion through 2022. LCVs will continue to be the second most lucrative vehicles for sales of automotive filters. Demand for automotive filters in off-road vehicles and lawn mowers are expected to register the lowest CAGR through 2022.

IAM will continue to be the largest sales channel for automotive filters, with sales estimated to register an impressive expansion through 2022. Sales of automotive filters in IAM are expected to surpass US$ 10,000 Mn by 2022-end. OES will remain the second largest sales channel for automotive filters. Sales of automotive filters in OEM will witness sluggish expansion throughout the forecast period.

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Competition Tracking

Key players in the global automotive filters market include Mann + Hummel GmbH, Cummins, Inc., Parker Hannifin Corporation, K&N Engineering, Inc., Toyota Boshoku Corporation, Donaldson Company, Inc., Hollingsworth and Vose Company, ALCO Filters Ltd., MAHLE GmbH, Denso Corporation, and Roki Co., Ltd.

Table of Contents Covered in the report are:

Chapter 1. Global Automotive Filter Market - Executive Summary. 14

Chapter 2. Global Automotive Filter Market Overview. 16
2.1. Introduction. 16
2.1.1. Global Automotive Filter Market Taxonomy. 16
2.1.2. Global Automotive Filter Market Definition. 16
2.2. Global Automotive Filter Market Size (US$ Mn) and Forecast, 2012-2022. 16
2.2.1. Global Automotive Filter Market Y-o-Y Growth. 16
2.3. Global Automotive Filter Market: Macroeconomic Factors. 17
2.3.1. Economic Outlook. 17
2.3.2. International Policy. 17
2.3.3. Profitability of Enterprises. 18
2.3.4. Increasing Purchasing Power of Middle Class. 18
2.3.5. Complex Eco System. 18
2.3.6. Supply chain Issues. 18
2.3.7. End-user Sentiment. 19
2.4. Global Automotive Filter Market impact factors. 19
2.4.1. Autonomous Vehicles. 19
2.4.2. The Influence of China. 19
2.4.3. Dilemma on Shift to New Technologies. 20
2.4.4. Disruption in Traditional Business Models. 20
2.4.5. Rising Component Costs in Developing Countries. 20
2.4.6. Fluctuating Input costs. 20
2.4.7. Shrinking Product Development Time. 21
2.4.8. Adoption of New Mobility Solutions. 21
2.4.9. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 21
2.4.10. Rising Complexity Influencing Greater Emphasis on Platformimg. 21
2.4.11. Innovations in Technology. 22
2.4. Supply Chain. 22
2.5. Cost Structure. 23
2.6. Pricing Analysis. 23
2.7. Raw Material Sourcing Strategy and Analysis. 23
2.8. List of Distributors. 23
2.9. Key Participants Market Presence (Intensity Map) By Region. 24
2.10. Competitive Assessment and Technology Trends in Future. 24

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Chapter 3. Global Automotive Filter Market Analysis and Forecast By Product Type. 25
3.1. Global Automotive Filter Market Size and Forecast By Product Type, 2012-2022. 25
3.1.1. Fuel Filter Automotive Filter Market Size and Forecast, 2012-2022. 25
3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 25
3.1.1.2. Market Share Comparison, By Region. 26
3.1.1.3. Y-o-Y growth Comparison, By Region. 27
3.1.2. Oil Filter Automotive Filter Market Size and Forecast, 2012-2022. 28
3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 28
3.1.2.2. Market Share Comparison, By Region. 29
3.1.2.3. Y-o-Y growth Comparison, By Region. 30
3.1.3. Intake Air Filter Automotive Filter Market Size and Forecast, 2012-2022. 31
3.1.3.1. Revenue (US$ Mn) Comparison, By Region. 31
3.1.3.2. Market Share Comparison, By Region. 32
3.1.3.3. Y-o-Y growth Comparison, By Region. 33
3.1.4. Cabin Air Filter Automotive Filter Market Size and Forecast, 2012-2022. 34
3.1.4.1. Revenue (US$ Mn) Comparison, By Region. 34
3.1.4.2. Market Share Comparison, By Region. 35
3.1.4.3. Y-o-Y growth Comparison, By Region. 36

Chapter 4. Global Automotive Filter Market Analysis and Forecast By Filter Media. 37
4.1. Global Automotive Filter Market Size and Forecast By Filter Media, 2012-2022. 37
4.1.1. Synthetic Automotive Filter Market Size and Forecast, 2012-2022. 37
4.1.1.1. Revenue (US$ Mn) Comparison, By Region. 37
4.1.1.2. Market Share Comparison, By Region. 38
4.1.1.3. Y-o-Y growth Comparison, By Region. 39
4.1.2. Cellulose Automotive Filter Market Size and Forecast, 2012-2022. 40
4.1.2.1. Revenue (US$ Mn) Comparison, By Region. 40
4.1.2.2. Market Share Comparison, By Region. 41
4.1.2.3. Y-o-Y growth Comparison, By Region. 42

Chapter 5. Global Automotive Filter Market Analysis and Forecast By Vehicle Type. 43
5.1. Global Automotive Filter Market Size and Forecast By Vehicle Type, 2012-2022. 43
5.1.1. PC Automotive Filter Market Size and Forecast, 2012-2022. 43
5.1.1.1. Revenue (US$ Mn) Comparison, By Region. 43
5.1.1.2. Market Share Comparison, By Region. 44
5.1.1.3. Y-o-Y growth Comparison, By Region. 45
5.1.2. LCV Automotive Filter Market Size and Forecast, 2012-2022. 46
5.1.2.1. Revenue (US$ Mn) Comparison, By Region. 46
5.1.2.2. Market Share Comparison, By Region. 47
5.1.2.3. Y-o-Y growth Comparison, By Region. 48
5.1.3. HCV Automotive Filter Market Size and Forecast, 2012-2022. 49
5.1.3.1. Revenue (US$ Mn) Comparison, By Region. 49
5.1.3.2. Market Share Comparison, By Region. 50
5.1.3.3. Y-o-Y growth Comparison, By Region. 51
5.1.4. Off-Road Vehicles Automotive Filter Market Size and Forecast, 2012-2022. 52
5.1.4.1. Revenue (US$ Mn) Comparison, By Region. 52
5.1.4.2. Market Share Comparison, By Region. 53
5.1.4.3. Y-o-Y growth Comparison, By Region. 54
5.1.5. Lawn Mowers Automotive Filter Market Size and Forecast, 2012-2022. 55
5.1.5.1. Revenue (US$ Mn) Comparison, By Region. 55
5.1.5.2. Market Share Comparison, By Region. 56
5.1.5.3. Y-o-Y growth Comparison, By Region. 57

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