Global Automotive Air Filter Market - Analysis of Growth, Trends, and Forecast (2018 - 2023)
|発行||Mordor Intelligence LLP||商品コード||635745|
|出版日||ページ情報||英文 90 Pages
|世界の自動車用エアフィルター市場：成長、動向、予測（2018年〜2023年） Global Automotive Air Filter Market - Analysis of Growth, Trends, and Forecast (2018 - 2023)|
|出版日: 2018年04月26日||ページ情報: 英文 90 Pages||
The global automotive air filter market is anticipated to record a CAGR of 7.43% during the forecast period, 2018-2023. The intake and cabin air filters are vital components of a vehicle. The intake air filter aids in efficient working of the automobile's engine. Poor performance of the air filters can result in inefficient functioning, and lead to more emissions. In the present day scenario, where the emissions scandal of Volkswagen has forced the environmental regulation agencies to tighten the regulations, increased emissions due to inefficient air filters can cause a setback to the automakers. The cabin air filter plays an equally important role in the automobiles. It prevents harmful pollutants from entering the passenger cabin, and its performance has a direct impact on the passenger satisfaction and experience.
Off-highway Vehicles to Fuel the Market
Off-highway vehicles are forecast to register the fastest growth in the global automotive air filter market, as the increasing sale of cab tractors would create a new market for cabin filters, especially in the emerging markets, where the sales of cab tractors are extremely low. The increasing sale of air-conditioned commercial vehicles in markets, such as India and Africa, is expected to further boost the global automotive air filter market.
Asia-Pacific to Lead the Growth
The Asia-Pacific region, despite sluggish growth in the Chinese market, (the largest automobile market, globally), is expected to lead the growth in the global automotive air filter market. The European and North American markets are also anticipated to see high levels of growth during the forecast period 2018-2023, backed by sales growth. The Latin American market is expected to witness slower growth rates, due to poor automobile sales, consequent to the economic crisis in the region. However, the automotive market in the region is anticipated to bounce back post 2020.
Key Developments in the Market:
February 2018: Mercedes-Benz USA offers the first certified asthma & allergy friendly automotive cabin air filter.
Major Players: ALCO, ASHLEY FILTERS, DENSO CORPORATION, CUMMINS, SOGEFI GROUP, amongst others
Reasons to Purchase this Report:
Latest technology trends adopted by the manufacturers in the global automotive air filter market.
Analyzing various perspectives of the market with the help of Porter's five forces analysis.
The filter type that is expected to dominate the market.
The region and country that are expected to dominate the market.
Identify the latest developments, market shares, and strategies employed by the major market players.
3 months analyst support, along with the Market Estimate Sheet (in Excel).
Customization of the Report
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