Press release
Automotive Cabin Air Filter Market Forecast for Incremental CAGR Growth by 2022
Fact.MR
This Fact.MR report discusses key prospects for growth of global automotive cabin air filter market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies.
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Scope
The scope of the report is to analyze the global automotive cabin air filters market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive cabin air filter manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.
In a bid to keep readers up-to-date on the latest developments in the global automotive cabin air filters market, the report offers readers a roundup of the latest trends impacting the market. As the automotive sector is ever-evolving, staying abreast with latest trends and developments is paramount to formulating key business strategies. Information on supply chain, cost structure, pricing analysis, raw material sourcing, and list of distributors are offered to readers in this section.
Considering the wide scope of the global automotive cabin air filter market, the report provides an in-depth and segment-wise analysis and forecast. The global automotive cabin air filter market is segmented on the basis sales channel, filter media, vehicle type and region. Through this section, report provides detailed country-wise forecast of all the key parameters associated with the automotive cabin air filters.
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Key Estimations on Future of Global Automotive Cabin Air Filter Market
1- Europe is expected to dominate the global automotive cabin air filter market. The market is projected to register impressive growth. The automotive cabin air filter market in Europe is estimated to reach nearly US$ 1,600 million revenues by the end of 2022.
2- North America is expected to be the second most lucrative region in the global automotive cabin air filter market. Owing to the increased product awareness there has been a rise in replacement of cabin air filters. Moreover, vehicle manufacturers are also considering cabin air filter as the standard equipment in the cars.
3- Sales of automotive cabin air filter will be highest through Original Equipment Manufacturers (OEM). Towards the end of 2022, OEM is estimated to bring in nearly US$ 1,700 million revenues. Meanwhile, Independent Aftermarket (IAM) are also expected to witness significant growth during the forecast period.
4- The synthetic filter is expected to be one of the most preferred automotive cabin air filter. A synthetic filter as a type of filter media is expected to witness robust growth. It is also estimated to account for nearly one-third of the revenue share by the end of 2017.
5- Automotive cabin air filter is expected to experience increased demand in mid-sized passenger cars. Mid-sized passenger cars are estimated to reach close to US$ 900 million revenue by the end of 2022. Increasing number of vehicle manufacturers producing these type of cars is one of the reasons driving the demand for automotive cabin air filter in mid-sized passenger cars.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global automotive cabin air filter market through 2022, which include Robert Bosch GmbH, Donaldson Company, Inc., Denso Corporation, Mahle Group, K & N Engineering Inc., SOGEFI SpA, Airmatic Filterbau GmbH, Cummins Inc., Champion Laboratories, Inc., FRAM Group IP LLC, Hengst SE & Co. KG, Freudenberg & Co. KG, UFI Filters Spa, and Mann+Hummel GmbH.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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