Light Vehicle (LV) Cabin AC Filters Market 2021 Industry Analysis, Global Trends, Market Size, Share, and Growth Opportunities Forecast to 2027 : MAHLE GmbH, Valeo SA, Sogefi SpA, ACDelco, Ahlstrom Corporation

Description

New Research Study "Light Vehicle (LV) Cabin AC Filters Market 2021 analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities), Size, Share and Outlook" has been added to Coherent Market insight

The global Light Vehicle (LV) Cabin AC Filters was accounted for US$ 27,67.4 Mn in terms of value and 429,139 Thousand Units in terms of volume in 2019 and is expected to grow at CAGR of 5.1% for the period 2020-2027.

Cabin AC filter is one of the critical parts of the HVAC system of a vehicle. The primary task of a cabin AC filter is to remove harmful pollutants such as dust and air pollutants. There are different types of cabin AC filters including anti-allergen filters, combine filters, particle filters, and very high-efficiency filters. On the basis of region, the market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.

This report includes information on the industry's market growth as well as key segmentation variables that help the global Light Vehicle (LV) Cabin AC Filters Market prosper in today's environment. The report also emphasises the importance of regional classification in the global Light Vehicle (LV) Cabin AC Filters Market. Due to growing demand, the worldwide Light Vehicle (LV) Cabin AC Filters Market will eventually create more revenue and have a higher market size than the previous projected period.

𝗦𝘂𝗽𝗲𝗿 𝗦𝗮𝗹𝗲 𝗶𝘀 𝗟𝗶𝘃𝗲 - 𝗚𝗲𝘁 𝗨𝗽𝘁𝗼 𝟴𝟬 % 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 𝗼𝗻 𝗟𝗶𝗴𝗵𝘁 𝗩𝗲𝗵𝗶𝗰𝗹𝗲 (𝗟𝗩) 𝗖𝗮𝗯𝗶𝗻 𝗔𝗖 𝗙𝗶𝗹𝘁𝗲𝗿𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁

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Major Key players in this Market:

· Robert Bosch GmbH
· Donaldson Company Inc.
· MAHLE GmbH
· Valeo SA
· Denso Corporation
· Sogefi SpA
· ALCO Filters Ltd.
· ACDelco
· Ahlstrom Corporation
· Mann+Hummel GmbH
· Freudenberg & Co. KG
· K&N Engineering Inc.
· Airmatic Filterbau GmbH
· Hengst SE & Co. KG
· EuroGIELLE S.r.l.

Drivers & Trends

HVAC systems operate by drawing power from the engine. Generally, fuel consumption increases when the efficiency of the HVAC system decreases. The primary reason behind this is the clogging of dust particles and other various microparticles in the evaporator of the HVAC system. To counter this, occupants tend to increase the blower speed of the HVAC system, which in turn leads to higher fuel consumption. This is usually avoided by decreasing the occurrence of particulate clogging in the evaporator unit. Therefore the implementation of cabin AC filters at the air intake also provides the advantage of enhancing the efficiency of the HVAC system, which in turn, is augmenting fuel efficiency. Hence, these factors are expected to drive growth of the global light vehicle (LV) cabin AC filters market during the forecast period.

Key Developments

· Key players are focused on product launches, in order to expand the product portfolio. For instance, in February 2019, ACDelco, a subsidiary of General Motors, introduced Cabin AC filter at ACMA Automechanika show today.

· Major market players are focused on capacity and business expansion, in order to gain a competitive edge in the market. For instance, in February 2017, Freudenberg & Co. KG expanded its production facility situated at Hopkinsville, Kentucky, which is mainly engaged in the manufacturing of cabin air filters.

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