The global automotive air filters market size is expected to reach at USD 5.4 billion by 2025 expanding at a CAGR of 4.8%. The automotive industry is undergoing a huge production spike owing to the innovation in passenger car and sports car segment. The rise in disposable income of consumers stimulates consumer’s choice for car interior. Also, the emergence of new players in the automotive industry and growing presence of vendors is encouraging consumers to look for better choice on spare parts. Growing competition among established players is one of the crucial factors for the market growth.
Rise in car sales in the past few years encouraged the market development leading to expansion in consumer base and revenue. Established players are now looking to explore potential opportunities in emerging markets in Asia Pacific. For instance, Audi, Bentley, Porsche and BMW are now venturing with increased capacities in the Indian markets. Consumer buying behaviour is identified as one of the factors attracting these companies towards India.
Automotive Air Filters Market Report Suggest:
• Cabin filters accounted for a market share of 49.5% in 2018 based on their popularity and usage. The demand for cabin filters is expected to triple in the coming years
• The passenger car application segment dominated the automotive air filters market is estimated to reach USD 2.9 billion by 2025, due to surging demand for the air filters as automotive production is on a rising steadily across the globe
• The aftermarket end-use segment is projected to register notable gains and reach a revenue of USD 4.1 billion by 2025 driven by the replacement of cabin and intake filters on a regular basis as recommended by manufacturers
• The Asia Pacific region accounted for a market share of 50.9% in 2018 and is projected to reach USD 2.8 billion by 2025 based on high automotive production in developing economies such as China, India, and Thailand
Browse Full Report With TOC @ https://www.grandviewresearch.com/industry-analysis/automotive-air-filters-market
Automotive Air Filters Market Segmentation
Grand View Research has segmented the global automotive air filters market on the basis of product, application, end use, and region:
Automotive Air Filters Product Outlook (Revenue, USD Million, 2014 – 2025)
• Intake Filters
• Cabin Filters
Automotive Air Filters Application Outlook (Revenue, USD Million, 2014 – 2025)
• Passenger Cars
• Commercial Vehicles
• Two Wheelers
Automotive Air Filters End-use Outlook (Revenue, USD Million, 2014 – 2025)
• OEMs
• Aftermarket
Automotive Air Filters Regional Outlook (Revenue, USD Million, 2014 – 2025)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Asia Pacific
• China
• Japan
• India
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
List of Key Players of Automotive Air Filters Market
• Mann+ Hummel GmbH
• Clarcor Inc
• K&N Engineering
• Donaldson Company Inc
• Sogefi Group
• Hengst SE
• Mahle GmbH
• Robert Bosch GmbH
• Alstrom Corporation
Get Sample Copy of this Report @ https://www.grandviewresearch.com/industry-analysis/automotive-air-filters-market/request/rs1
Browse More Related Report:
Automotive Heat Shield Market Size, Share & Trends Analysis Report By Product (Single Shell, Double Shell, Sandwich), By Application, By Material, By Vehicle Type, By Region, And Segment Forecasts, 2020 – 2027
Automotive Composite Market Size, Share & Trends Analysis Report By Product (Polymer Matrix, Metal Matrix, Ceramic Matrix), By Application (Exterior, Structural & Powertrain), And Segment Forecasts, 2020 – 2027
About Grand View Research
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.
Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/automotive-air-filters-market