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(Transportation-News.com, September 24, 2019 ) The report "Automotive Filters Market by 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 and Region - Global Forecast to 2025", automotive filters aftermarket, by value, is projected to grow at a CAGR of 1.14%, to reach USD 23.31 billion by 2025 from USD 21.60 billion in 2018. Factors such as increasing vehicle parc and average miles are driven every year across all regions are projected to fuel the demand for the automotive filters aftermarket.
Automotive Filters Market ecosystem consists of manufacturers such as MANN+HUMMEL (Germany), Donaldson (US), Robert Bosch (Germany), MAHLE (Germany), Sogefi (Italy), Denso (Japan), Ahlstrom-Munksjö (Sweden), ACDelco (US), Hengst (Germany), and K&N Engineering (US); OEMs such as Volkswagen (Germany), Daimler AG (Germany), Ford Motor Company (US), Hyundai Motor Company (South Korea), Toyota Motor Corporation (Japan), Tata Motors (India), Mahindra & Mahindra Ltd (India); and component manufacturer associations such as Automotive Component Manufacturers Association of India (ACMA), Japan Automotive Manufacturers Association (JAMA), European Automobile Manufacturers' Association (ACEA), and Canadian Vehicle Manufacturers' Association.
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Asia Oceania automotive filters market is estimated to be the largest OE market during the forecast period owing to its largest vehicle production and sales. In Asia Oceania, China is the leading country in the OE market, where gasoline vehicle and passenger car are the leading segments. The filter types considered are air, fuel, oil, cabin, brake dust, steering, coolant, oil separator, and transmission filters. Cabin filters are estimated to have the largest market share and brake dust filters are estimated to be the fastest-growing segment in the Asia Oceania region.
Oil filters have low replacement miles and are replaced more frequently than the other filter types. Hence, the oil filters aftermarket is expected to be the largest for automotive filters during the forecast period.
In the air filter OE market, synthetic filters segment is estimated to show the fastest growth during the forecast period as this type of filters are more efficient than the cellulose media filters. They are mostly installed in premium passenger cars and high-performance trucks to enhance engine performance. Synthetic media filters have various advantages compared to cellulose media filters, such as smaller size, water resistance, increased airflow, and superior performance.
In-cabin filter OE market, electrostatic cabin filters market is estimated to be the fastest-growing automotive filters market, by value, during the forecast period. In the present scenario, the market for an electrostatic cabin filter is at a nascent stage. These filters protect against finer microscopic particles of dust, allergens, harmful gases, and bacteria to provide the cleanest air possible inside the vehicle.
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In electric & hybrid vehicle filters OE market, HEV segment is projected to be the largest, by value, owing to the highest sales of HEV, globally, especially in Asia Oceania and North America regions. In HEV, filters such as dryer cartridges for batteries, EMI/EMC filter, and cooling air particle filter are additionally equipped apart from the traditional ICE vehicle filters such as air, fuel, oil, and cabin filters.
In electric & hybrid vehicle filter OE market, by filter type, the dryer cartridges for batteries segment is projected to showcase the largest automotive filters market share, by value, during the forecast period. Dryer cartridges for batteries are standard fitment for all the electric & hybrid vehicles and cost almost 4 times higher than the other filter types.
The North America region is estimated to be the largest aftermarket during the forecast period. The passenger car and LCV are the largest contributors in the North American aftermarket for automotive filters owing to the highest vehicle parc and the highest average miles driven every year compared to the other regions.
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Target Audience:
• Automotive filters suppliers
• Dealers and distributors of automotive filters
• Industry associations
• Manufacturers of automotive filters
• Supportive raw material suppliers for automotive filters
• Vehicle components/systems manufacturers
MarketsandMarkets™
Mr. Shelly Singh
1-888-600-6441
newsletter@marketsandmarkets.com
Source: EmailWire.Com 
Source: EmailWire.com
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