BANGALORE, India, May 9, 2024 /PRNewswire/ -- Automotive Air
Filters Market Segment 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).
The Global Automotive Air Filters Market was valued at
USD 4.7 Billion in 2020, and is
projected to reach USD 7.8 Billion by
2030, growing at a CAGR of 5.4% from 2021 to 2030.
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Major Factors Driving the Growth of Automotive Air Filters
Market
The market for automotive air filters is expanding due in large
part to the strict emission rules that are in place all over the
world. These requirements require advanced filtering technologies
to be used in order to limit the hazardous pollutants that cars
release. Furthermore, the growing global automobile production and
sales along with the growing consumer awareness of the value of
clean air in cars drive market expansion. Additionally,
improvements in performance and durability via technical
developments in filter materials and designs have led to an
expansion in the market for vehicle air filters.
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TRENDS INFLUENCING THE GROWTH OF THE GLOBAL AUTOMOTIVE AIR
FILTERS MARKET
Because they guarantee the engine runs efficiently, air intake
filters are essential components of light commercial vehicles with
internal combustion engines (ICEs) as well as hybrid cars. By
removing impurities like dust, grime, and debris from the air that
enters the engine, these filters protect the engine's lifetime and
performance. Clean air intake filters help ICE light commercial
cars meet strict environmental laws by optimizing combustion, which
improves fuel economy and lowers emissions. Similar to this, air
intake filters in hybrid cars keep the engine's air supply clean,
which improves the system's overall effectiveness. Reliability in
air intake filters becomes more and more important as the demand
for light commercial vehicles rises worldwide.
Vehicle makers must achieve fuel economy and pollution criteria
through effective engine performance. In order to optimize
combustion and lower emissions, clean air supply to the engine is
made possible by air intake filters. As automakers concentrate on
improving engine performance for all vehicle classes, there will
likely be a steady increase in demand for premium air intake
filters. The necessity for replacement filters and routine
maintenance propels the aftermarket sector to a substantial share
of the automotive air filter market. Owners of automobiles, both
private and commercial, should change their air filters on a
regular basis to maintain peak performance and extend engine life.
Additionally, the aftermarket market gives producers the chance to
launch cutting-edge goods and meet particular client needs, which
further boosts the automotive air filters market growth.
The fast growth of the electric vehicle (EV) industry offers a
distinct prospect for producers of automotive air filters. EVs
still need cabin air filters to preserve the purity of the air
inside the vehicle, even though they have fewer parts than internal
combustion engine (ICE) cars. The need for cabin air filters
designed specifically for electric cars is anticipated to develop
along with the global adoption of EVs, which will propel the market
for automotive air filters even higher.
Due to its capacity to lower pollutants and fuel consumption
when compared to conventional internal combustion engine cars,
hybrid vehicles are becoming more and more popular. Because hybrid
cars include both electric motors and internal combustion engines,
the engine part of the car needs air intake filters. There will be
a corresponding rise in demand for air intake filters for hybrid
cars as the market for these vehicles grows due to government
incentives and environmental concerns.
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AUTOMOTIVE AIR FILTERS MARKET SHARE ANALYSIS
Europe would exhibit the
highest CAGR of 6.3% during 2021 - 2030
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Key Companies:
- Cummins Inc
- General Motors Company
- Hengst SE
- CabinAir Sweden AB
- K&N Engineering, Inc
- MAHLE GmbH
- Denso Corporation
- Ahlstrom-Munksjo Oyj
- Toyota Boshoku Corporation
- Robert Bosch GmbH
- Valeo SA
- Freudenberg Filtration Technologies SE & Co. KG
- UFI FILTERS spa
- Hollingsworth & Vose GmbH
- MANN+HUMMEL International GmbH & Co. KG
- Donaldson Company, Inc
- Parker Hannifin Corporation
- Sogefi S.p.A
- ALCO Filters Ltd
- Hanon Systems
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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
- Automotive Filters Market
- Automotive Air Filter Housing Market
- Automotive Cabin Air Filter Market
- Automotive Intake Air Filter market is projected to
reach USD 6797.7 Million in 2029,
increasing from USD 4670 Million in
2022, with a CAGR of 5.5% during the period of 2023 to 2029.
- Automotive Air Filter Cartridge Market
- Automotive Engine Air Filter Market
- Car Air Filter Market
- Automotive Air Purifier Parts Market
- Filters (Fluid, ICE and Air Filters) Market
- Chemical Air Filters market is projected to reach
USD 2208 Million in 2029, increasing
from USD 1644 Million in 2022, with a
CAGR of 4.2% during the period of 2023 to 2029.
- Commercial Engine Intake Air Filters market is projected
to reach USD 1126.6 Million in 2029,
increasing from USD 901 Million in
2022, with a CAGR of 3.1% during the period of 2023 to 2029.
- Activated Charcoal Air Filters market was valued at
USD 1619 Million in 2023 and is
anticipated to reach USD 2084.6
Million by 2030, witnessing a CAGR of 3.6% during the
forecast period 2024-2030.
- High-Temperature Air Filters Market
- Flat Air Filter market is projected to reach
USD 453.5 Million in 2029, increasing
from USD 374.3 Million in 2022, with
a CAGR of 2.3% during the period of 2023 to 2029.
- V-form Air Filter Market
- Air filters for Paint Booths Market
- Air Filter Rolls Market
- Automotive Microcontrollers (MCU) Market revenue
was USD 7194 Million in 2022 and is
forecast to a readjusted size of USD 11620
Million by 2029 with a CAGR of 7.0% during the forecast
period (2023-2029).
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