Robust Automotive Filters Market Growth at a Healthy CAGR Despite COVID-19 Impact: Global Analysis by ReportsnReports, Market Insights, and Top Companies

"Rapidly growing demand for advanced technologies, increased number of safety and comfort features, increasing sales of mid- and premium range vehicles and rising penetration of some comfort and safety features in the light-duty and heavy-duty vehicles to drive the automotive filters market."

🔥 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 + 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐎𝐂 ➡️ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1467345

🌟 𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
🟩 Mann+Hummel (Germany)
🟩 Donaldson Company, Inc. (US)
🟩 Mahle GmbH (Germany)
🟩 Robert Bosch GmbH (Germany)
🟩 AHLSTROM-MUNKSJÖ (Finland)

The automotive filters market is projected to grow from USD 11.1 billion in 2022 to USD 13.1 billion by 2027, at a CAGR of 3.3% for the same period. With increase in vehicle production has fueled the demand for filters such as oil, air, fuel, cabin air filters for OE market. Similarly, rise in adoption of automatic, CVT, and DCT transmission system has created the significant demand for transmission filter. On the other hand, rising vehicle parc around the globle and increased average miles driven has propelled the replacement demand for filters like oil, air, fuel, and cabin air filters.

Further, increasing stringent vehicle emission norms has pushed OEMs to adopt aftertreatment devices such as Urea filters, DPF filters, and GPF filters to achieve the specified particle number (PN) limits. Further, engine downsizing is one of the recent popular trends in gasoline passenger cars, using gasoline turbochargers, leading to particulate emissions, which would drive the demand for gasoline particulate filters.

"Passenger cars to Lead =the automotive filters market under the review period of 2022 to 2027."

ICE Passenger cars lead the automotive filters market at a global level. The top six countries with the highest passenger car production are China, Japan, Germany, India, South Korea, and the US. These top six countries contributes to 88% to the global passenger car production. The growth of passenger in these countries can be attribute to the factors such as increasing per capita income and improved living of standard. Accordingly to MarketsandMarket Analysis, the share of economy and mid-range cars stood at ~75-80% of total passenger cars in global production for 2021. Air filters, oil filters, fuel filters, and cabin filters are installed in all passenger cars, and growing production will drive the market for these automotive filters. Additionally, consumers in Europe and North America prefer luxury vehicles and SUVs with a greater installation rate of technology components. This will fuel the demand for some filters like oil separators, brake dust filters, transmission oil filters, and coolant filters in the passenger car vehicle segment

"Brake Dust filters is expected to be the fastest growing filters market during the forecast period."

Brake dust filters are expected to reduce pollution caused by fine brake dust particles significantly. Brake dust filters are a niche technology initially developed by Mann+Hummel (Germany) and are yet to be commercialized on a larger scale. Particle emitting from braking process in urban area creates significantly more dust particles than exhaust emissions. This small particles emitting due to braking process are harmful for human health and environment. More than 90% of brake dust is made up of ultra-fine particles, which are harmful to people's health. Hence, to reduce this emission particles from braking process, the companies have invented brake dust filters. The adoption rate of brake dust filters is minimal and mainly restricted to developed countries in Europe and North America. The Volkswagen AG (Germany) and Mann+Hummel tested the brake dust particle filters in its Golf prototype in 2019. Volkswagen AG (Germany) also planned to install this technology in other car models. Thus, if the brake duct filters prove to be successful for Volkswagen AG, other OEMs may also install them in their cars, driving the brake dust filters market in Europe for the passenger cars segment. Further, if governments across world will start regulation for brake dust particles then the demand for brake dust filters would increase significantly in passenger as well in commercial vehicles.

➡️ 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1467345

𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:

The study segments the automotive filters market and forecasts the market size based on filters type (ICE) (Air filter, fuel filter, oil filter, cabin filter, brake dust filter, transmission filter, coolant filter, oil separator, steering filter, urea filter, DPF filter, GPF filter, and crankcase ventilation filter), Air filters by media type (cellulose, and synthetic), Fuel filters by fuel type (Gasoline, and Diesel), Cabin filters by Material type (Particle cabin, activated carbon , and electrostatic), by vehicle type (ICE) (Passenger Car, LCV, HCV, and Bus), Electric & Hybrid by Vehicle Type (BEV, and PHEV), Electric & Hybrid vehicle filters Market, By filters type (Air filter, fuel filter, oil filter, cabin filter, a brake dust filter, transmission filter, dryer cartridges for batteries, EMI/EMC Filter, and cooling air particle filter), Aftermarket by filter types (oil filter, fuel filter, air filter, cabin filter, coolant filter, and transmission oil filter), Off-highway by equipment type (Agricultural Tractor, and Construction Equipment), Off-highway by filters type (fuel filter, oil filter, air filter, cabin air filter, and transmission oil filter), and Region (Asia Pacific, Europe, North America, and RoW)

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐁𝐮𝐲𝐢𝐧𝐠 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall automotive filters market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the market's pulse and provides information on key market drivers, restraints, challenges, and opportunities.

This release was published on openPR.