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Automotive Air Filter Market Size | Industry Analysis Report, 2019-2022
Automotive Air Filter Market
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Regulations set by different nations for emission control of harmful gases and pollutants released by vehicles like CARB, Euro standards and JMLIT Standards may impact automotive air filter market.Growing health hazard awareness and consequences resulting from absence of proper air filtration from car engines should promote product demand.
Automotive air filters stop dust particles and other harmful particulates from entering the fuel system and engine. It also enhances longevity of vehicles and improves performance of the vehicle.
Browse key industry insights spread across 84 pages with 43 market data tables & 18 figures & charts from the report, “Automotive Air Filter Market” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/automotive-air-filters-market
Passenger car segment of automotive industry generates the highest revenue accounting to be over 50% in automotive air filter market share. Rising demand of passenger cars in regions like Asia-Pacific, Middle-East and Africa owing to expanding population should drive industry growth.
Cabin air filter market should generate over USD 4 billion by 2022. Rising pollution levels created by vehicular and industrial emission might reach inside car cabin through ventilation or air conditioning and needs to be checked in order to provide comfort and safety and will pivot automotive air filter market.
Intake automotive air filters might show a growth rate of over 10% during projected timeframe. They prevent engine contamination from dust and pollutants which may impact its fuel efficiency and performance of engine, thus creating scope for industry growth.
OEM will witness a growth rate of over 8% by 2022 which is dominated by China and India market. Shortage of raw materials like fiberglass, pleated paper and ceramic paper due to its demand in other industries as well might impact pricing of products.
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Asia-pacific automotive air filter market dominates the global market share and is expected to generate over USD 5 billion by 2022. Increase in sales of vehicles both passenger and commercial will drive regional industry growth.
Global automotive air filter market shows moderately consolidated with presence of both big and small scale manufacturers and markets. Some key players in the market includes Mann+Hummel Group, Vokes Group, Parker Hannifan Group and Clarcor Inc.
Strategies adopted by these players include mergers & acquisition and will drive industry growth.
Browse Related Report @ https://www.marketwatch.com/press-release/electronic-stability-control-system-market-2019-study-by-vehicle-type-component-regions-type-and-application-forecast-2025-2019-09-26
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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