An automotive filter
helps in extending engine life, as it competently traps dirt and
debris that damages the internal parts of an engine such as pistons
and cylinders. Engine damage can occur even by a small particle of
salt, which may cause costly repairs. Automotive filters enable
proper air flow to the engine, thus maintaining the air-fuel mixture.
They aid in enhancing the emission control system and minimalize
ignition problems in the spark plug that can give rise to austere
drivability issues. Proper air flow enables the engine to function
perfectly, thereby reducing fuel consumption as well as emissions.
Environment dangers caused due to emission of harmful gases by
conventional vehicles has encouraged the need to cultivate
environment-friendly replacements. However, the electric vehicles
industry is projected to expand at a high growth rate, which can pose
a challenge to the expansion of the automotive filters market during
the forecast period.
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The expansion of the
automotive filter market can be accredited to the rapidly expanding
automotive industry, constant expansion of vehicle fleet size,
swelling two-wheeler and passenger car sales as well as rise in
purchasing power of consumers., The global auto industry manufactured
more vehicles in 2011, 80 million, according to International
Organization of Motor Vehicle Manufacturers, or OICA, than ever in
the history of automobiles, notwithstanding the lingering effects of
recession. There has been an persistent demand for automobiles since
then and this rise in demand is estimated to increase in the near
future, thereby augmenting the expansion of the automotive filters
market.
The global
automotive air filter market can be segmented into filter type,
vehicle type, end-user, and region. In terms of filter type, the
global market can be segregated into air filter, hydraulic filter,
fuel filter, and transmission oil filter. The fuel filter market is
likely to expand significantly during the forecast period. Rise in
demand for two wheelers and passenger cars, predominantly in BRICS
countries, is anticipated to drive the expansion of this segment.
Moreover, rising health concerns amongst the global population, along
with increasing demand from OEMs, are likely to influence consumption
of automotive filters positively. Additionally, increasing health
disorders due to inadequate cabin ventilation is anticipated to
impact the demand positively during the forecast period.
In terms of vehicle
type, the global automotive air filter market can be segmented into
two-wheeler, three-wheeler, passenger car, medium & heavy
commercial vehicle, light commercial vehicle, and. off-the-road
vehicle. The passenger car segment held prominent share in the global
automotive air filter market due to increasing consumer disposable
income, which is estimated to fuel the overall automotive sales. The
two-wheeler segment is projected to expand significantly during the
forecast period. Increasing demand for two–wheelers, especially
from emerging countries such as India and China, is likely to drive
the expansion of the overall market in the near future.
In terms of
end-user, the market can be segmented into OEM (original equipment
manufacturer), and aftermarket. Increasing vehicle production and
rising demand from OEMs is anticipated to fuel the expansion of the
segment during the forecast period.
In terms of
geography, the global automotive air filter market can be segmented
into North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa. Asia Pacific is likely to dominate the global
market due to increasing vehicle production, progress in the economic
conditions, and rising investments by leading industry players in the
region. The region is estimated to witness considerable expansion
during the forecast period due to the rapidly increasing demand of
automotive filters in aftermarkets as well OEMs in emerging economies
of China and India.
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Key players
operating in the global automotive air filter market include
Donaldson Company, Inc. (U.S.), Mahle International GmbH (Germany),
Mann+Hummel Holding GmbH (Germany), NGK Insulators Ltd. (Japan), and
Sogefi S.p.A. (Italy).
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