Global Automotive Filters Market is segmented by Type (Fuel Filter, Air Filter, Oil Filter and Emission Filter), Sales (OEM, IAM, OES, Aftermarket), Application (Passenger Vehicle (PV), LCV, HCV,2-wheeler) and Region – Industry Forecast till 2023
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Market Synopsis:
The key players in the global Automotive Filters market include:
Donaldson Company Inc (US), Hollingsworth & Vose Co. Inc (US), Denso Corporation (Japan), Cummins Inc (US), ACDelco Inc (US), Clarcor Inc (Germany), Mann+Hummel, Mahle GmbH (Germany), Toyota Boshoku Corporation (Japan), Lydall Inc (Japan), ALCO filters (Germany) and Robert Bosch GmbH (Germany).
The global automotive filters market has seen a remarkable growth; expected to expand with the CAGR of ~4.96%. Strict government regulations regarding fuel emissions are expected to drive the global market. Growing health concern among consumers will further increase the sales of the filters. Growing awareness and increase in demand for automotive filters will create opportunities for new entrants. Moreover, in 2016, Europe introduced acceptable limits of exhaust emission from vehicles and this news has increased the sales and demand for automotive filters.
According to Automotive Aftermarket Suppliers Association (AASA), as a result of service parts counterfeiters in 2015 the market incurred a loss of around USD 12 billion every year, USD 3 billion of which is estimated to be for the U.S. market, only. However, counterfeiting of products will be a major challenge for manufacturers. Moreover, the unavailability of original products will hamper the growth of the market. Counterfeiting in aftermarket is also a major restraint for the market.
Market Segments Analysis:
Market Research Future report provides a comprehensive segmental analysis of the global automotive filters market on the basis of type, sales channel and application.
Based on type, the market is segmented into emission filter, oil filter, air filter and fuel filter.
Based on the sales channel, the market is segmented into IAM, OES, OEM and aftermarket.
Based on application, the market is segmented into two-wheeler, heavy commercial vehicle, light commercial vehicle and passenger vehicle.
Regional Analysis:
Geographically, the global automotive filters market has been divided into four major regions of North America, Europe, Asia Pacific, and Rest of the World. Among all regions, Asia Pacific is expected to dominate the market during the forecast period. Rising purchasing power, low labor cost, and improved infrastructure will enhance the growth of the market. Increased population and their demand for the personal vehicles will attract new entrants in the Asia Pacific market.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 RESEARCH OBJECTIVES
2.2.2 ASSUMPTIONS & LIMITATIONS
2.3 MARKETS STRUCTURE
3 MARKET RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH
3.4 FORECAST MODEL
4 MARKET LANDSCAPE
4.1 FIVE FORCES ANALYSIS
4.1.1 THREAT OF NEW ENTRANTS
4.1.2 BARGAINING POWER OF BUYERS
4.1.3 BARGAINING POWER OF SUPPLIERS
4.1.4 THREAT OF SUBSTITUTES
4.1.5 SEGMENT RIVALRY
4.2 VALUE CHAIN/SUPPLY CHAIN OF GLOBAL AUTOMOTIVE FILTERS MARKET
5 INDUSTRY OVERVIEW OF GLOBAL AUTOMOTIVE FILTERS MARKET
5.1 INTRODUCTION
5.2 GROWTH DRIVERS
5.3 IMPACT ANALYSIS
5.4 MARKET CHALLENGES
Continued…
LIST OF TABLES:
TABLE 1 GLOBAL AUTOMOTIVE FILTERS MARKET: BY REGION, 2017-2023
TABLE 2 NORTH AMERICA AUTOMOTIVE FILTERS MARKET: BY COUNTRY, 2017-2023
TABLE 3 EUROPE AUTOMOTIVE FILTERS MARKET: BY COUNTRY, 2017-2023
TABLE 4 ASIA PACIFIC AUTOMOTIVE FILTERS MARKET: BY COUNTRY, 2017-2023
TABLE 5 MIDDLE EAST & AFRICA AUTOMOTIVE FILTERS MARKET: BY COUNTRY, 2017-2023
TABLE 6 LATIN AMERICA AUTOMOTIVE FILTERS MARKET: BY COUNTRY, 2017-2023
Continued…
LIST OF FIGURES:
FIGURE 1 GLOBAL AUTOMOTIVE FILTERS MARKET SEGMENTATION
FIGURE 2 FORECAST METHODOLOGY
FIGURE 3 FIVE FORCES ANALYSIS OF GLOBAL AUTOMOTIVE FILTERS MARKET
FIGURE 4 VALUE CHAIN OF GLOBAL AUTOMOTIVE FILTERS MARKET
FIGURE 5 SHARE OF GLOBAL AUTOMOTIVE FILTERS MARKET IN 2017, BY COUNTRY (IN %)
FIGURE 6 GLOBAL AUTOMOTIVE FILTERS MARKET, 2017-2023,
Continued…
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