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Automotive Filters Market worth $28.42 billion by 2030, growing at a CAGR of 5.15% - Exclusive Report by 360iResearch

03-18-2024 01:43 PM CET | Logistics & Transport

Press release from: 360iResearch

Automotive Filters Market | 360iResearch

Automotive Filters Market | 360iResearch

The "Automotive Filters Market by Type (Air Filter, Brake Dust Filter, Cabin Filter), Vehicle Fuel Type (Diesel, Electric, Gasoline), Material Type, Media Type, Distribution, Vehicle - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Automotive Filters Market to grow from USD 19.99 billion in 2023 to USD 28.42 billion by 2030, at a CAGR of 5.15%.

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The automotive filters eliminate solid dirt particles such as dust, pollen, and other unwanted particles in the air through the heating, ventilation, and air conditioning (HVAC) system, reduce fuel consumption and carbon emission and affect the vehicle's performance. According to the International Organization of Motor Vehicle Manufacturers, global sales of vehicles reached approximately 82.68 million in 2021. Light commercial vehicles accounted for around 79% of worldwide commercial vehicle production. In March 2021, the Indian market observed a significant increase in passenger vehicle sales, with nearly 308,000 cars and SUVs dispatched from factories to showrooms, representing a 23% increase over the previous year. Growing demand for heavy-duty engines in construction and infrastructure projects and various government regulatory policies and sustainability goals in the automotive industry is increasing the utilization of automotive filters. However, increasing utilization of non-replaceable automotive filters significantly impedes the adoption of automotive filters. In addition, ongoing technological advancements and rising investment in new technologies to augment vehicle production create robust growth opportunities for developing automotive filters.

In North America, the automotive filters are being pushed by the huge number of vehicles and high average annual miles driven in nations such as the United States and Mexico. The large vehicle production in North America is attributed to passenger cars and light commercial vehicles (LCVs). In Asia-Pacific, the rebound in vehicle sales and production, rising stringent environmental and government laws, and an increased focus on preventative maintenance by vehicle owners are significantly expanding the use of automotive filters. The automotive filters in China are growing with prospects in passenger vehicles and light and heavy commercial vehicles. Manufacturers in India are launching and developing new products and focusing on the consumer's demand as per their requirements. European prominent players are focusing on continuous innovation in filter design to increase overall efficiency.

Market Segmentation & Coverage:

This research report categorizes the Automotive Filters Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Air Filter, Brake Dust Filter, Cabin Filter, Cooling Air Particle Filter, Dryer Cartridges for Batteries, EMI/EMC Filter, Fuel Filter, Oil Filter, and Transmission Oil Filter. The Air Filter is projected to witness significant market share during forecast period.

Based on Vehicle Fuel Type, market is studied across Diesel, Electric, and Gasoline. The Gasoline is projected to witness significant market share during forecast period.

Based on Material Type, market is studied across Activated Carbon, Electrostatic, and Particle. The Electrostatic is projected to witness significant market share during forecast period.

Based on Media Type, market is studied across Cellulose and Synthetic. The Synthetic is projected to witness significant market share during forecast period.

Based on Distribution, market is studied across Aftermarket and OEM. The OEM is projected to witness significant market share during forecast period.

Based on Vehicle, market is studied across Commercial Vehicles and Passenger Vehicles. The Commercial Vehicles is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Automotive Filters Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Automotive Filters Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Automotive Filters Market, highlighting leading vendors and their innovative profiles. These include A.J. Dralle, Inc., A.L Group Ltd., ADR Group, AEN Industries, Inc., Ahlstrom-Munksjo Oyj, Airmatic Filterbau GmbH, Alco Filters, APC Filtration Inc., Australian Automotive Distribution, B&S Group, Baltic Filter JSC, Branded Filters, Clarcor Inc. by Parker Hannifin Corp., Cummins Inc., Dale Filter Systems Pvt. Ltd., Donaldson Company, Inc., Elofic Industries Limited, EuroGIELLE S.r.l., Fildex Filters Canada Corporation, Filters Plus, Filtrak BrandT GmbH, Filtration Technology Corporation, Freudenberg Filtration Technologies GmbH & Co. KG, Hengst SE, Hollingsworth & Vose Company, Inzin, K&N Engineering, Inc., Lucas TVS Limited, Luman Automotive Systems (P) Ltd., Lydall Inc. by Unifrax, Mahle GmbH, MANN+HUMMEL International GmbH & Co. KG, Micro Auto Filters Pty Ltd., Motion Industries, Inc. by Genuine Parts Company, MZW Motor, Nakshatra Emissions and Automotive Solutions Hub, Naveen Filters Private Limited, Paudel Enterprises, Robert Bosch GmbH, Ryco Group Pty Ltd., Sakura Filters Australia, Sogefi S.p.A., Spark Minda Group, Steelbird International, The Toyota Group, UFI Filters, Valeo, YBM Group China Co., Ltd., Zenith Filters, and Zip Filters.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Automotive Filters Market, by Type
7. Automotive Filters Market, by Vehicle Fuel Type
8. Automotive Filters Market, by Material Type
9. Automotive Filters Market, by Media Type
10. Automotive Filters Market, by Distribution
11. Automotive Filters Market, by Vehicle
12. Americas Automotive Filters Market
13. Asia-Pacific Automotive Filters Market
14. Europe, Middle East & Africa Automotive Filters Market
15. Competitive Landscape
16. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Automotive Filters Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Automotive Filters Market?
3. What is the competitive strategic window for opportunities in the Automotive Filters Market?
4. What are the technology trends and regulatory frameworks in the Automotive Filters Market?
5. What is the market share of the leading vendors in the Automotive Filters Market?
6. What modes and strategic moves are considered suitable for entering the Automotive Filters Market?

Read More @ https://www.360iresearch.com/library/intelligence/automotive-filters?utm_source=openpr&utm_medium=referral&utm_campaign=analyst

Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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