Automotive Filter Market
Automotive Filter Market Global Industry Assessment & Forecast
Segments Covered
- By Filter Type Fuel filter, Oil filter, Air filter, Cabin filter, Others
- By Fuel Type Gasoline, Diesel
- By Application Passenger Cars, Commercial Vehicles
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 20.23 Billion |
Revenue 2028: | 30.2 Billion |
Revenue CAGR (2021 - 2028): | 3.70% |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Filter Type Analysis: Preview On the basis of Filter Type,
the market is segmented into Fuel filter, Oil filter, Air filter, Cabin filter, Others. Cabin filters held the
leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the
forecast timespan. This is due to the increasing adoption of Cabin filters
in emerging economies in Asia Pacific region. Fuel Type
Analysis: Preview
Based on Fuel Type,
the market is segmented into Gasoline, Diesel. Gasoline accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Automotive Filter Market: Filter Type Segment Analysis
-
- Fuel filter
- Oil filter
- Air filter
- Cabin filter
- Others
Global Automotive Filter Market: Fuel Type Segment Analysis
-
- Gasoline
- Diesel
Global Automotive Filter Market: Application Segment Analysis
-
- Passenger Cars
- Commercial Vehicles
FAQ
Frequently Asked Question
What is the global demand for Automotive Filter in terms of revenue?
-
The global Automotive Filter valued at 20.23 Billion in 2020 and is expected to reach 30.2 Billion in 2028 growing at a CAGR of 3.70%%.
Which are the prominent players in the market?
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The prominent players in the market are Yonghua Group, Bengbu Jinwei, Clarcor, Mahle, Zhejiang universe filter, UFI Group, ACDelco, Freudenberg, DENSO, Kenlee, Affinia Group, BOSCH, Fram, Mann-Hummel, Bengbu Phoenix, Cummins, Okyia Auto, APEC KOREA, TORA Group, Sogefi, DongGuan Shenglian, Donaldson, Foshan Dong Fan, Guangzhou Yifeng, YBM..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 3.70%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Automotive Filter include
- The implementation of government laws and regulations for vehicular emission mandated automobile manufacturers to use automotive filters to combat high emission levels in vehicles in various countries. The use of automotive filters not only improves the working of engine of the vehicle but also eliminates the solid dirt particles such as dust, pollen, and other unwanted air particles that reduce the fuel consumption and carbon emission. Hence, incorporation of advanced filters in vehicles is expected to support the growth of the market.
- The rising vehicle sale across the globe is anticipated to augment the growth of the automotive filter market during the forecast period. This is owing to the rapid urbanization, industrialization, rising disposable income of the consumers, and advancement of technologies. Furthermore, the adoption of personal vehicles has also increased the global sales of automobiles which is in turn expected to support the growth of the automotive filter market in the forecast period.
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Automotive Filter in 2020.