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How Big is the Car Air Filter Market

06-15-2024 07:16 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Car Air Filter Market

Car Air Filter Market

The global car air filter market, valued at USD 9.9 billion in 2022, is projected to exceed USD 13.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 3.4% from 2022 to 2032.

A car air filter removes particles like dust, germs, and pollen from the intake air of an internal combustion engine. A dirty air filter can cause engine damage, making a clean air filter essential for smooth operation and optimal performance. It prevents debris from entering the engine, thereby avoiding abrasion and potential damage.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=135

A car air filter removes particles like dust, bacteria, and pollen from the intake air entering the internal combustion engine. Keeping the filter clean is essential for smooth operation and optimal performance, as a dirty filter can damage the engine by allowing debris to cause abrasion and damage. Regular maintenance is crucial to prevent issues like reduced fuel efficiency, engine spark plug problems, decreased horsepower, and increased exhaust emissions.

The growing sales of automobiles, particularly cars, are driving the car air filter market, with significant aftermarket demand due to the need for regular replacements. However, the market may face challenges as the automotive industry shifts towards electric vehicles, which do not involve fuel combustion and thus do not require traditional air filters.

A car air filter purifies the intake air for the internal combustion engine, removing contaminants to ensure optimal combustion. Typically composed of fibrous materials, some filters also incorporate charcoal or absorbents to eliminate odors and gaseous pollutants from the intake air.

Country-wise Insights

In North America, the automobile industry is gaining traction with the rising demand for vehicles. Growing market competition is driving manufacturers to develop innovative products, leading to increased demand for car air filters in the region.

The Asia-Pacific region's car air filtration markets are expected to experience the fastest growth in the coming years, driven by a growing automobile consumer base and a rising focus on becoming manufacturing-based economies.

Category-wise Insights

The intake air filter segment is expected to grow at a CAGR of 3.5% during the projection period. This growth is driven by the increasing applications of intake air filters in various types of cars.

The rapid advancements in self-driving and electrified vehicles will drive further demand for intake air filters in the automotive industry. The segment is anticipated to witness significant growth, creating an absolute opportunity of nearly USD 2,107.3 by the end of the forecast period.

Competitive Landscape:

As demand for car air filters rises, companies in the industry are expanding their product portfolios with new offerings. Key manufacturers are employing strategies like portfolio diversification, partnerships, mergers, acquisitions, and geographical expansion to enhance their market presence. Product development remains a crucial strategy for market expansion.

Fact.MR's recent report offers detailed insights into top manufacturers' price points, sales growth, production capacity, and technological advancements across regions.

For example:

In October 2021, Donaldson Company, Inc. received Frost & Sullivan's 2021 North American Customer Value Leadership Award for enhancing equipment life with its filters.
On July 28, 2021, MAHLE expanded its range of aftermarket solutions, including transmission oil management, calibration, and air conditioning service. Additionally, the Group will offer aftermarket solutions for drivetrains through alternatives to fuel cell and battery maintenance.

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž: https://www.factmr.com/report/135/car-air-filter-market

Global Car Air Filter Market Segments

By Product Type :
Cabin air filter
Intake air filter

By Sales Channel :
OEM
OES
IAM

By Filter Media :
Cellulose
Synthetic
Activated carbon
Particle

By Vehicle Type :
Compact Passenger Cars
Mid-sized Passenger Cars
Premium Passenger Cars
Luxury Passenger Cars

By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=135

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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