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(Transportation-News.com, October 07, 2017 ) According to Publisher, the Global Automotive Filters Market is accounted for $6.42 billion in 2016 and is expected to reach $12.10 billion by 2023 growing at a CAGR of 9.4% during the forecast period. Expanding vehicular outflow directions, worldwide increment in vehicle production and greater replacement rate are the key factors propelling the market growth. However, introduction of electric vehicles is the major restraint hindering the market growth.
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Automotive Filters helps in keeping up a quality life for a vehicle. Aftermarket is significantly growing because high substitution rate and minimal effort of aftermarket parts. A few filters are practically more grounded than OEM filters also. These variables are probably going to support the development of aftermarket and end-use segment. By geography, Asia Pacific is expected to grow at a high CAGR during the forecast period due to increase in the automobile industry in countries such as China, India and Japan and expanding ventures by business players with in this region.
By geography, Asia Pacific accounted for the largest share during the forecast period due to growing demand for efficiency and productivity coupled with the impetus to raise manufacturing activities. The developing countries of Asia Pacific are estimated to record the highest growth rate during the forecast period due to expanding production of passenger vehicles.
Some of the key players in Automotive Filters Market include Robert Bosch GmbH, Donaldson Company Inc., FRAM Group IP LLC, Hollingsworth & Vose Company, Ahlstrom Corporation, Alco Filters Ltd., Hengst SE & Co. KG, EuroGielle S.r.l, UFI Filters, ACDelco, MAHLE GmbH, Mann Hummel GmbH, K&N Engineering Inc., K&N Engineering Inc., Freudenberg & Co. KG, Champion Laboratories, Denso Corporation and Toyota Boshoku Corporation.
Filter Type Covered:
-Air Filters
-Oil Filters
-Fuel Filters
-Hydraulic Filters
-Other Filter Types
Vehicle Type Covered:
-Off-Road Vehicles
-Lawn Mower
-Two Wheelers
-Powersports
-Light & heavy commercial vehicles
-Passenger cars
-Other Vehicle Types
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Filter Media Covered:
-Synthetic Filter
-Cellulose Filter
-Other Filter Medias
End-Use Covered:
-Original Equipment Supplier (OES)
-Original Equipment Manufacturer (OEM)
-Ignition Advance Multiplier (IAM)
-Aftermarket
Regions Covered:
-North America
US
Canada
Mexico
-Europe
Germany
UK
Italy
France
Spain
Rest of Europe
-Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
-South America
Argentina
Brazil
Chile
Rest of South America
-Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
Company Profiling
11.1 Robert Bosch GmbH
11.2 Donaldson Company Inc.
11.3 FRAM Group IP LLC
11.4 Hollingsworth & Vose Company
11.5 Ahlstrom Corporation
11.6 Alco Filters Ltd.
11.7 Hengst SE & Co. KG
11.8 EuroGielle S.r.l
11.9 UFI Filters
11.10 ACDelco
11.11 MAHLE GmbH
11.11 Mann Hummel GmbH
11.13 K&N Engineering Inc.
11.14 Freudenberg & Co. KG
11.15 Champion Laboratories
11.16 Denso Corporation
11.17 Toyota Boshoku Corporation
For more information about this report: http://www.reportsweb.com/automotive-filters-global-market-outlook-2017-2023
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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