Global Automotive Filters Market, By Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, Dryer Cartridge, EMI/EMC, Coolant Air Particle), Application (Light and Heavy Commercial Vehicles, Two Wheelers, Passenger Cars), Product (Cabin, Intake), End-Use (Aftermarket, OEM) - Industry Trends and Forecast to 2029
Market Analysis and Size
Automotive filters play a crucial role in the functioning of light and heavy commercial vehicles. Failing to maintain these filters could cost a significant loss. These filters are being commercialized around the world. These filters are all set to be commercialized for highway light- and heavy-duty diesel engines in the coming future.
Global Automotive Filters Market was valued at USD 19.60 billion in 2021 and is expected to reach USD 28.96 billion by 2029, registering a CAGR of 5.00% during the forecast period of 2022-2029. Cabin accounts for the largest type segment in the respective market owing to the high use to protect drivers from fine dust and harmful viruses. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
Automotive filters are used in vehicles for fuel purity, oil purity, air purity, and emission exhaust purity, and they are designed to help the engine of a vehicle to operate smoothly, reduction of maintenance cost of the vehicle & for improving the efficiency. The sole purpose of automotive filters is to remove harmful particulates which include dust and metal particles that result in vehicle performance deterioration.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Forecast Period
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2022 - 2029
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, Dryer Cartridge, EMI/EMC, Coolant Air Particle), Application (Light and Heavy Commercial Vehicles, Two Wheelers, Passenger Cars), Product (Cabin, Intake), End-Use (Aftermarket, OEM)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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ACEA (Belgium), Japan Automobile Manufacturers Association, Inc (Japan), ACMA India (India), Mahindra & Mahindra Ltd. (India), Tata Motors (India), TOYOTA MOTOR CORPORATION (Japan), HYUNDAI MOTOR GROUP (South Korea), Ford Motor Company (US), Volkswagen AG (Germany), K&N Engineering, Inc. (US), Hengst SE (Germany), WHI Solutions, Inc. (US), Ahlstrom-Munksjö (Finland), DENSO CORPORATION. (Japan), Sogefi SpA (Italy), Robert Bosch GmbH (Germany), Donaldson Company, Inc. (Germany), MANN+HUMMEL (Germany), and Kavo Parts (Netherlands), among others
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Market Opportunities
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Automotive Filters Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Stringent Emission Regulation
The implementation of stringent emission regulation across the globe encouraging companies to develop emission free vehicles acts as one of the major factor driving the growth of automotive filters market. These regulations comprise of two regulations including on-road vehicles and for off road vehicles.
- Increase in demand for diesel engines
The surge in inclination towards diesel engines over gasoline engines owing to their superior fuel economy, durability, and reliability, associated with a favorable fuel tax situation further influence the market.
- Demand of Heavy and Luxury Vehicles
The surge in demand of heavy and luxury vehicles rising along with the increase in diesel operated vehicles accelerate the market growth. Also, increase in the sales of passenger cars owing to the consumer preference toward economic vehicles assists in the expansion of the market.
Additionally, expansion of the automotive sector, surge in investments and increased disposable income positively affect the automotive filters market.
Opportunities
Furthermore, adoption of electric vehicle extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, surge in investments will further escalate the growth of automotive filters market.
Restraints/Challenges faced by the Automotive Filters Market
On the other hand, availability of low-quality filters resulting in engine degradation is expected to obstruct market growth. Also, issues with harmonization of emission standards are projected to challenge the automotive filters market in the forecast period of 2022-2029.
This automotive filters market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive filters market contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
COVID-19 had a Major Impact on Automotive Filters Market
The COVID-19 had a negative impact on the automotive filters market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand for automotive filters. The supply chain got hampered during the pandemic along with delay logistics activities. However, the automotive filters market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.
Global Automotive Filters Market Scope
The automotive filters market is segmented on the basis of type, application, product and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Air
- Fuel
- Oil
- Cabin
- Coolant
- Brake Dust
- Oil Separator
- Transmission
- Steering
- Dryer Cartridge
- EMI/EMC
- Coolant Air Particle
Application
- Light and Heavy Commercial Vehicles
- Two Wheelers
- Passenger Cars
Product
- Cabin
- Intake
End-Use
- Aftermarket
- OEM
Automotive Filters Market Regional Analysis/Insights
The automotive filters market is analyzed and market size insights and trends are provided by country, type, application, product and end-use.
The countries covered in the automotive filters market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific (APAC) dominates the automotive filters market because of the presence of new emission standards regulated by the government and rise in awareness about automotive catalysts within the region.
Europe is expected to witness significant growth during the forecast period of 2022 to 2029 due to the presence of major automotive companies and growing transport industry in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Filters Market Share Analysis
The automotive filters market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive filters market.
Some of the major players operating in the automotive filters market are
- ACEA (Belgium)
- Japan Automobile Manufacturers Association, Inc (Japan)
- ACMA India (India)
- Mahindra & Mahindra Ltd. (India)
- Tata Motors (India)
- TOYOTA MOTOR CORPORATION (Japan)
- HYUNDAI MOTOR GROUP (South Korea)
- Ford Motor Company (US)
- Volkswagen AG (Germany)
- K&N Engineering, Inc. (US)
- Hengst SE (Germany)
- WHI Solutions, Inc. (US)
- Ahlstrom-Munksjö (Finland)
- DENSO CORPORATION. (Japan)
- Sogefi SpA (Italy)
- Robert Bosch GmbH (Germany)
- Donaldson Company, Inc. (Germany)
- MANN+HUMMEL (Germany)
- Kavo Parts (Netherlands)
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