Automotive Filters Market Revenue to Reach $23.31 billion by 2025

By -

[200 Pages Report] Automotive Filters Market by Type (Air, Fuel, Oil, Cabin, Coolant), Air & Cabin Filter Media, Fuel & Vehicle Type, Aftermarket and Region

(EMAILWIRE.COM, August 29, 2019 ) The Automotive Filters Market (OE) is estimated to grow at a CAGR of 4.35% from USD 2.93 billion in 2018 to USD 3.94 billion by 2025. The aftermarket for automotive filters is estimated to grow at a CAGR of 1.14%, to reach USD 23.31 billion by 2025 from USD 21.53 billion in 2018.

Factors such as increasing vehicle production and the increasing vehicle parc and average miles are driven every year across the world are projected to fuel the growth of automotive filters market.

Automotive Filters Market ecosystem consists of manufacturers such as MANN+HUMMEL (Germany), Donaldson (US), Robert Bosch (Germany), MAHLE (Germany), Sogefi (Italy), Denso (Japan), Ahlstrom-Munksjö (Sweden), ACDelco (US), Hengst (Germany), and K&N Engineering (US); OEMs such as Volkswagen (Germany), Daimler AG (Germany), Ford Motor Company (US), Hyundai Motor Company (South Korea), Toyota Motor Corporation (Japan), Tata Motors (India), Mahindra & Mahindra Ltd (India); and component manufacturer associations such as Automotive Component Manufacturers Association of India (ACMA), Japan Automotive Manufacturers Association (JAMA), European Automobile Manufacturers' Association (ACEA), and Canadian Vehicle Manufacturers' Association.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1270

The North America region is estimated to be the largest aftermarket during the forecast period. The passenger car and LCV are the largest contributors in the North American aftermarket for automotive filters owing to the highest vehicle parc and the highest average miles driven every year compared to the other regions.

Asia Oceania automotive filters market is estimated to be the largest OE market during the forecast period owing to its largest vehicle production and sales. In Asia Oceania, China is the leading country in the OE market, where gasoline vehicle and passenger car are the leading segments. The filter types considered are air, fuel, oil, cabin, brake dust, steering, coolant, oil separator, and transmission filters. Cabin filters are estimated to have the largest market share and brake dust filters are estimated to be the fastest-growing segment in the Asia Oceania region.

Oil filters have low replacement miles and are replaced more frequently than the other filter types. Hence, the oil filters aftermarket is expected to be the largest for automotive filters during the forecast period.

Request for Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=1270

In the air filter OE market, synthetic filters segment is estimated to show the fastest growth during the forecast period as this type of filters are more efficient than the cellulose media filters. They are mostly installed in premium passenger cars and high-performance trucks to enhance engine performance. Synthetic media filters have various advantages compared to cellulose media filters, such as smaller size, water resistance, increased airflow, and superior performance.

In the cabin filter OE market, electrostatic cabin filters market is estimated to be the fastest-growing automotive filters market, by value, during the forecast period. In the present scenario, the market for an electrostatic cabin filter is at a nascent stage. These filters protect against finer microscopic particles of dust, allergens, harmful gases, and bacteria to provide the cleanest air possible inside the vehicle.

In electric & hybrid vehicle filters OE market, HEV segment is projected to be the largest, by value, owing to the highest sales of HEV, globally, especially in Asia Oceania and North America regions. In HEV, filters such as dryer cartridges for batteries, EMI/EMC filter, and cooling air particle filter are additionally equipped apart from the traditional ICE vehicle filters such as air, fuel, oil, and cabin filters.

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1270

In electric & hybrid vehicle filter OE market, by filter type, the dryer cartridges for batteries segment is projected to showcase the largest automotive filters market share, by value, during the forecast period. Dryer cartridges for batteries are standard fitment for all the electric & hybrid vehicles and cost almost 4 times higher than the other filter types.

Target Audience:

• Automotive filters suppliers
• Dealers and distributors of automotive filters
• Industry associations
• Manufacturers of automotive filters
• Supportive raw material suppliers for automotive filters
• Vehicle components/systems manufacturers

Media Contact

Read other news from MarketsandMarkets™

Timing Devices Market Size, Share, Revenue Trends & Forecast to 2030

MarketsandMarkets™ - Sep 18, 2023
Timing Devices Market by Type (Oscillators, Atomic Clocks, Clock Generators, Clock Buffers, Jitter Attenuators), Material (Crystal, Silicon, Ceramic), Vertical (Consumer Electronics, Automotive) and Region - Global Forecast to 2030 ...Read more

Artificial Intelligence Market Segmented by Product, Top Manufacturers, Geography Trends & Growth Opportunity to 2030

MarketsandMarkets™ - Sep 18, 2023
Artificial Intelligence technology such as machine learning, natural language processing, computer vision, and others are revolutionizing various sectors, including healthcare, finance, manufacturing, and retail. ...Read more

Digital PCR (dPCR) and Real-time PCR (qPCR) Market worth $12.4 billion by 2028, at a CAGR of 7.8%.

MarketsandMarkets™ - Sep 18, 2023
"Digital PCR (dPCR) and Real-time PCR (qPCR) Market by Product (Instruments, Reagents & Consumables, Software & Services), Application (Clinical, Research, Forensic), End User (Hospital, Diagnostic Labs, Pharma, Biotech, CROs) - Global Forecast to 2028". ...Read more