According to the latest report by IMARC Group, titled, “Automotive Filters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global automotive filters market size reached US$ 22.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 28.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.
Automotive filters comprise various filters, such as cabin, oil, fuel, and air. They are utilized to clean the air of the car engine for extending the shelf life of the vehicle. They provide a better driving experience, prevent numerous health issues, avoid foul odors, and enhance visibility and safety. They assist in increasing fuel efficiency, reducing emissions, and enhancing engine life and the overall performance of a vehicle. As they aid in improving the shelf life of the heating, ventilation, and air conditioning (AC) system and avoiding black smoke, automotive filters are employed in passenger and commercial cars across the globe.
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Automotive Filters Market Trends and Drivers:
At present, the rising consumer preference towards fuel-efficient solutions and lowering the carbon footprints represents one of the primary factors strengthening the market growth. Besides this, the growing demand for automotive filters, as they prevent the entry of dirt particles, such as pollens, exhaust fumes, and bacteria, into the carburetor and engine is offering a positive market outlook. Apart from this, governing agencies of several countries are implementing stringent policies to enhance environmental safety and reduce the harmful emissions from vehicles, which are propelling the market growth. Furthermore, key players operating in this industry are introducing new fuel filters that can lower maintenance costs for fuel pumps and injection nozzles.
Automotive Filters Market Report 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Cummins Inc.
- DENSO Corporation
- Donaldson Company Inc.
- General Motors Company
- Hengst SE
- Hollingsworth & Vose Company
- K & N Engineering Inc.
- Lydall Inc.
- MAHLE GmbH
- MANN+HUMMEL GmbH
- Parker-Hannifin Corporation
- Robert Bosch GmbH
- Sogefi SpA.
The report has segmented the market based on media type, filter type, distribution channel and vehicle type.
Breakup by Media Type:
- Cellulose
- Fiberglass
- Others
Breakup by Filter Type:
- Air Filters
- Fuel Filters
- Hydraulic Filters
- Oil Filters
- Steering Filters
- Coolant Filters
- Others
Breakup by Distribution Channel:
- OEM
- Aftermarket
Breakup by Vehicle Type:
- Commercial Vehicles
- Passenger Vehicles
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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