NEW YORK, Dec. 4, 2023 /PRNewswire/ -- The automotive filters market is estimated to grow by USD 6.01 billion from 2022 to 2027, growing at a CAGR of 4.14%. The automotive filters market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer automotive filters market are A. Kayser Automotive Systems GmbH, Ahlstrom Munksjo, ALCO Filters Ltd., Cummins Inc., DENSO Corp., Donaldson Co. Inc., ELOFIC INDUSTRIES Ltd., First Brands Group, Ford Motor Co., Hengst SE, MAHLE GmbH, MANN HUMMEL International GmbH and Co. KG, Parker Hannifin Corp., Purofil Auto India Pvt Ltd, Robert Bosch GmbH, Sogefi Spa, Toyota Motor Corp., UFI filters SPA, Wix filters, and Zenith Auto Industries Pvt. Ltd. The report provides a complete list of key companies, their strategies, and the latest developments. Download Sample before buying
Company Offering:
- A. Kayser Automotive Systems GmbH: The company offers automotive filters such as air filters with OBD interface and fuel filters.
- For details on companies and their offerings – Buy the report!
By Geography, the market is classified as APAC, North America, Europe, South America, Middle East and Africa.
- APAC is estimated to account for 58% of the global market growth during the forecast period. In APAC, strong demand for automobiles encourages auto original equipment manufacturers to locate their production plants. Consequently, the rising vehicle production in this region will lead to an increased demand for automotive filters which in turn is anticipated to drive the growth of the global automotive filter market in the region during the forecast period.
Download sample report to get more insights on the market share of various regions and contribution of the segments.
- Impactful driver- Increasing demand for road transportation
- Key Trend - Increasing varieties of fuel filters to suit different applications
- Major Challenges - The rising demand for EVs
Market Segmentation
- The air filters segment is estimated to witness significant growth during the forecast period. Rising automotive demand is driving the development of the global air filter market. Most light commercial vehicles should be equipped with cabin air filters due to the high levels of pollution in the environment. Therefore, such factors are anticipated to result in rapid growth of the air filters segment of the global automotive filters market during the forecast period.
Technavio Research experts have provided more insights on the market share of segments - View Sample Report
Related Reports:
The automotive fuel filter market size is estimated to grow at a CAGR of 4.67% between 2022 and 2027. The market size is forecast to increase by USD 673.69 million.
The car air purifier market size is estimated to grow at a CAGR of 9.44% between 2022 and 2027. The market size is forecast to increase by USD 1,036.69 million.
Automotive Filters Market Scope |
|
Report Coverage |
Details |
Historic period |
2017-2021 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.14% |
YoY growth 2022-2023 (%) |
3.65 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Key countries |
US, China, India, Germany, and UK |
TOC:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact US:
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
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