Automotive Air Filter Market was valued USD 4.3 billion in 2021, and to reach USD 5.9 billion in 2029, Growing at a CAGR of 4.1% | Size, Growth & Forecast

Automotive Air Filter Market

Automotive Air Filter Market reached USD 4.3 billion in 2021 and is expected to reach USD 5.9 billion in 2029, registering a CAGR of 4.1% over the forecast period from 2022-2029.

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The factors driving the growth of Automotive Air Filter Market includes strict regulations imposed by Governments to reduce vehicular pollution, rise in the production of automobiles, growing demand for luxurious vehicles around the world and growing focus on enhancing engine's performance. According to the report published by Statista, the Global Luxury Car Market was calculated around USD 19,260 million for 2022 and the market volume is expected to reach USD 20,690 million by 2026, growing at a CAGR of 1.81% over the forecast period (2022-2026), which will accelerate the market growth in the approaching years. Moreover, technological advancements in air filters, expansion of the Automotive industry, growing demand for multi-filtration systems, strategic mergers and acquisitions between key industry players and rise in the launch of innovative products, are some of the additional factors supplementing the Automotive Air Filter Market size. In addition, the increasing investments by leading players on research and development, rapid urbanization, and rising population growth rates, are further contribution towards the market growth.

However, growth of the Automotive Air Filter Market is hindered due to rise in the sales of electric vehicles.

The leading players operating in the market are Donaldson Company, Inc., Cummins Inc., Sogefi SpA, MANN+HUMMEL, Parker Hannifin Corp., K&N Engineering, Inc., Hengst SE, Mahle GmbH, Ahlstrom-Munksjö and Robert Bosch GmbH, among others.

Based on End-Use, the Original Equipment Manufacturers (OEMs) segment is predicted to grow at a significant CAGR during the forecast period

Rise in the production of passenger vehicles and growing focus by OEMs on enhancing the quality of automobiles, are some of the factors responsible for the segment's growth.

Based on Application, the Passenger Cars segment is projected to grow at a remarkable CAGR over the forecast period

Growing demand for luxury car components and rise in the launch of innovative cars, are propelling the growth of the segment.

Based on Region, the North American region is anticipated to hold the highest market share during the forecast period

Rise in the production of passenger vehicles, presence of the leading car manufacturers, growing demand for aftermarket services, increasing population growth rates and high per capita incomes, are some of the important factors augmenting the Automotive Air Filter Market share in North American region. 

Key Development

In 2020, MAHLE GmbH launched a smart AC System to decrease fine dust in the cabin of vehicles. This will help in fighting against the fine dust particles in the compartment of vehicles.
Market Segmentation

Segmentation by Product

Intake Air Filter
Cabin Air Filter
Segmentation by Application

Passenger Cars
Commercial Vehicles
Two Wheelers
Segmentation by End-Use

Original Equipment Manufacturers (OEMs)
Aftermarket
Segmentation by Region

Asia Pacific
China
Japan
India
Rest of APAC

North America
United States of America
Canada

Europe
United Kingdom
Germany
France
Spain
Rest of Europe

RoW
Brazil
South Africa
Saudi Arabia
UAE

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