Automotive Air Filter Market to Reach $7.8 Billion, Globally, by 2030 at 5.4% CAGR: Allied Market Research

News provided by

Jun 06, 2022, 07:30 ET

PORTLAND, Ore., June 6, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Automotive Air Filters Market By Type (Air Intake Filters, Cabin Air Filters), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Propulsion (ICE and Hybrid Vehicles, Electric Vehicles), By Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021-2030." According to the report, the global automotive air filter industry was estimated at $4.7 billion in 2020, and is anticipated to hit $7.8 billion by 2030, registering a CAGR of 5.4% from 2021 to 2030.

Download Report (308 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/14180

Prime determinants of growth-

Introduction of regulations regarding emission of greenhouse gases, increase in demand for luxury vehicles with greater cabin comfort, and rise in production & sale of automotive drive the growth of the global automotive air filter market. On the other hand, rise in demand for electric vehicles impedes growth to some extent. However, advancements in technology and surge in demand for the multi-filtration system are anticipated to pave the way for lucrative opportunities in the industry.

Covid-19 scenario-

Decrease in vehicle production and decline in sales of automobiles gave way to a shortage of automotive components, which resulted in delays of vehicles across the globe, thereby impacting the automotive air filter market negatively.
However, as the global situation is getting better, the market is also projected to get back on track soon.

Request for Customization at https://www.alliedmarketresearch.com/request-for-customization/14180

The cabin air filters segment to dominate by 2030-

By type, the cabin air filters segment contributed to the major share in 2020, holding around more than half of the global automotive air filter market. The same segment would also cite the fastest CAGR of 5.9% during the forecast period, since it aids in improving the car's ventilation by removing particles such as dust, mold, pollen, and bacteria from the air.

The passenger cars segment to maintain the lion's share-

By vehicle type, the passenger cars segment accounted for the major share in 2020, holding more than four-fifths of the global automotive air filter market. The same segment is also expected to grow at the fastest CAGR of 5.6% from 2021 to 2030. This is attributed to the fact that several automobile manufacturers are launching new passenger cars with improved cabin air filters in order to provide improved HVAC (heating, ventilation, and air conditioning) systems in vehicles.

Interested to Procure the Data with Actionable Strategy & Insights? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/14180

Asia-Pacific garnered the major share in 2020-

By region, the market Asia-Pacific had the lion's share in 2020, generating more than two-fifths of the global automotive air filter market. Increase in sale of passenger cars with advanced features to reduce carbon footprints drives the market growth. The Europe region, however, is projected to portray the fastest CAGR of 6.3% by 2030. This is due to increase in sales of cars and electric vehicles in the province.

Key players in the industry-

Denso Corporation
Donaldson Company, Inc.
Hengst SE
MANN+HUMMEL International GmbH & Co. KG
Hanon Systems
Mahle GmbH
Robert Bosch GmbH
Ahlstrom-Munksjo Oyj
Sogefi S.P.A
General Motors Company (AcDelco)
Alco Filters Ltd
CabinAir Sweden AB
Freudenberg Filtration Technologies SE & Co. KG
Cummins Inc.

Buy Complete Report Now! https://www.alliedmarketresearch.com/checkout-final/8540babd172737481e3ba6b1e8dc26c0

Similar Reports We Have on Automotive Industry:

Air Filters Market by Type (Intake & Cabin), Filter Media (Intake-Cellulose and Synthetic & Cabin-Particle and Activated Carbon) and Market Type (OE & Aftermarket) - Global Opportunity Analysis and Industry Forecasts, 2018-2030.

Automotive Hydraulic Filters Market by Filter Type (Bag Filter, Screen Filter, Magnetic Filter, and Others), Filter Material (Metal Screens, Wire Mesh, Synthetics, Micro-Glass, and Others), Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles), and Sales Channel (Original Equipment Manufacturer (OEM), and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020–2030.

Intake Filter Media Market by Application (Automotive, Aerospace, Marine, and Others), Filter Media (Cellulose and Synthetic), Distribution Channel (OEM and Aftermarket), Vehicle Type (Passenger Car, Commercial Vehicle, Construction Equipment, Marine Vessels, and Others) and Mode (Off Road and On Road): Global Opportunity Analysis and Industry Forecast, 2020–2030.

Diesel Particulate Filter Market By Substrate Type (Cordierite, Silicon Carbide and Others), Regeneration Catalyst (Platinum-Rhodium, Palladium-Rhodium and Platinum-Palladium-Rhodium), Regeneration Process (Passive, Active-Fuel Assisted and Active-Electrically Assisted), Equipment Type (Agricultural Equipment and Construction Equipment) And Vehicle Type (Passenger Car, Light Weight Commercial Vehicle, Truck and Bus): Global Opportunity Analysis and Industry Forecast, 2021–2030.

Oil Filter Market by Product Type (Base gasket, Canister, Anti-drain black seal and Base plate), Vehicle Type (Compact passenger cars, Mid-sized passenger cars, Premium passenger cars and Luxury passenger cars), Sale Channel (Original equipment manufacturer (OEM), Original equipment supplier (OES) and Independent aftermarket (IAM)), and Filter Media (Cellulose, Synthetic and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | Twitter | LinkedIn |