Uploaded on May 27, 2021
Automotive Filters Market by Filter Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, Dryer Cartridge, EMI/EMC, Coolant Particle), Air & Cabin Filter Media, Fuel & Vehicle Type, Aftermarket, Region
Automotive Filters Market worth $23.6 billion by 2025
MarketsandMarkets Presents Automotive Filters Market worth $23.6 billion by 2025 https://www.marketsandmarkets.com/Market-Reports/automotive-air -filters-market-1270.html According to the new market research report "Automotive Filters Market by Filter Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, Dryer Cartridge, EMI/EMC, Coolant Particle), Air & Cabin Filter Media, Fuel & Vehicle Type, Aftermarket - Global Forecast to 2025", Published by MarketsandMarkets™, Automotive Filters Market is estimated to grow from USD 21.4 billion in 2020 to USD 23.6 billion by 2025, at a CAGR of 2.1% during the forecast period. Browse 151 market data Tables and 59 Figures spread through 195 Pages and in-depth TOC on "Automotive Filter Market” The increasing stringency of vehicle emission and fuel economy regulations are expected to drive the growth of the Automotive Filters Market. The Automotive Filters Market is dominated by global players and comprises several regional players. The key players in the Automotive Filters Market are MANN+HUMMEL (Germany), MAHLE (Germany), Donaldson (US), Sogefi (Italy), and Robert Bosch (Germany). Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1270 “Particle to be the largest segment, by material type” Particle is estimated to be the largest segment in the Automotive Filters Market. Particle cabin filters are very cost-effective compared to activated carbon and electrostatic cabin filters and offer above-average performance. Their low cost is one of the key factors for the growth of these filters, especially in price-sensitive countries such as India and China. Particle filters have a filter barrier made of a fully synthetic non-woven fabric. Synthetic fibers are not hygroscopic and, hence, water does not cause the cabin filters to deform. Such advantages are expected to result in steady growth for particle filters market soon. “Passenger Car to be the fastest growing market for Automotive Filters Market, by vehicle type” Passenger vehicles account for the largest share of environmental pollution caused by vehicles. Therefore, governments in several countries have implemented stringent pollution control norms for passenger vehicles. For instance, strict vehicular emission transition norms in India, such as BS 6, will ensure better treatment and filtration of exhaust gases. This will require the installation of more efficient filters, subsequently driving the market growth for filters in the passenger car segment. Request FREE Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=12 70 “North America is estimated to be the largest market for automotive filters aftermarket” In North American region, the US has a sizeable vehicle parc number. Also, US is home to leading aftermarket suppliers, such as Donaldson, ACDelco, and K&N Engineering, for automotive filters in the world. Hence, it can be inferred that the US is a matured market for automotive filters. The lack of adequate public transport and the wide geographical area of the country have compelled people to travel in their own vehicles. The average miles driven in the US is, therefore, higher as compared to other countries. Recent Developments: • In April 2020, MANN-HUMMEL introduced FreciousPlus, its latest innovation in cabin air filtration. This filter blocks unpleasant smells and harmful gases, such as nitrogen oxides and ozone, from the outside air, while removing almost 100 percent of harmful particles, such as fine dust.I • In March 2020, Donaldson introduced its Filter Minder wireless monitoring system for air filters on heavy-duty engines. Filtration efficiency is lost when filters are changed too soon. It can also result in unplanned downtime and additional cost when filters are changed too late. The company introduced Filter Minder to address this issue. Filter Minder wireless sensors and receivers send filter performance data to the cloud, and predictive analytics are used to inform users when filters are approaching the end of their optimal life. • In January 2019, MAHLE acquired transmission specialist ZG-Zahnräder und Getriebe GmbH to expand its expertise in the powertrain as a whole to include the transmission, a key component in its business. This acquisition is significant for MAHLE because the trend in electric vehicles is toward integrated drive systems. • In March 2020, Donaldson and Geotab (Canada), a leading player in IoT and connected transportation, announced a new integration that will enable Geotab customers to utilize Donaldson’s wireless Filter Minder monitoring system, which is a first-of-its-kind remote, wireless filter-monitoring system for trucks and heavy-duty equipment. Filter Minder provides real-time engine filter performance data to help fleet operators optimize vehicle maintenance and improve productivity. • In March 2019, Sogefi launched Cabin3Tech+, an innovative cabin air filter. It filters large particles, neutralizes odors and hazardous fumes in the air (as an activated carbon filter), and stops up to 98.8% of fine particles as small as 2.5 microns. 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