Press release

Automotive Air Filters Market Soars to $7.8 Billion by 2030 | ALCO Filters Ltd., Ahlstrom-Munksjo Oyj

Automotive Air Filters Market Soars to $7.8 Billion by 2030 | ALCO Filters Ltd., Ahlstrom-Munksjo Oyj

 

 
Automotive Air Filters Market By Type (Air Intake Filters, Cabin Air Filters), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Propulsion (ICE and Hybrid Vehicles, Electric Vehicles), By Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021-2030." As per the report, 𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐚𝐢𝐫 𝐟𝐢𝐥𝐭𝐞𝐫𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $𝟒.𝟕 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟎, 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $𝟕.𝟖 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟓.𝟒% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟏 𝐭𝐨 𝟐𝟎𝟑𝟎.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/A13811

The significant factors impacting the growth of the automotive air filters market comprises introduction of regulations regarding emission of greenhouse gases, increase in demand for luxury vehicles with greater cabin comfort, and rise in production & sale of automotive. Moreover, factors such as rise in demand for electric vehicles is expected to be hampering the market growth. Furthermore, increasing demand for multi-filtration system, and technological advancements are expected to create new growth opportunities for automotive air filters market during the forecast period.

The global automotive air filter market is expanding rapidly due to factors such as rise in production & sale of automotive, surge in demand for luxury vehicles along with greater cabin comfort, implementation of rules about greenhouse gas emissions. On the contrary, the increase in demand for EVs hampers market growth to some extent. Nevertheless, a rise in demand for the multi-filtration system and technological advancements will provide ample growth opportunities in the future.

𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞

Key players operating in the global automotive air filter market include Ahlstrom-Munksjo Oyj, Alco Filters Ltd, CabinAir Sweden AB, Cummins Inc., Denso Corporation, Donaldson Company, Inc., Freudenberg Filtration Technologies SE & Co. KG, General Motors Company (AcDelco), Hanon Systems, Hengst SE, Hollingsworth & Vose GmbH, K&N Engineering, Inc., Mahle GmbH, MANN+HUMMEL International GmbH & Co. KG, Parker Hannifin Corporation, Robert Bosch GmbH, Sogefi S.P.A, Toyota Boshoku Corporation, UFI FILTERS S.p.A., and Valeo SA.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮'𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/A13811

Based on type, the global automotive air filters market is segregated into air intake filters, and cabin air filters. Air intake filter plays a key role in combustion process by providing engine with clean air and prevents harmful debris from entering the engine of vehicle. Several companies are introducing advanced air intake filters to provide improved fuel efficiency and reduced emissions. For instance, in November 2020, UFI Filters introduced the next generation of engine air filter, called UFI MULTITUBE. This new engine air filter has several features such as better fluid dynamics, reduced emissions, filtering efficiency of over 99.5%, and a reduction in pressure drop as a result of use of hydrophobic filter media. This new filter is also included as original equipment (OE) in Maserati MC20.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

On the basis of regional analysis, the market across the Asia-Pacific region was largest in 2020, accounting for more than two-fifths of the global automotive air filter market. The growth of the market is driven by surge in sale of passenger cars with latest features to decrease carbon footprints. On the other hand, the Europe region would showcase fastest growth with 6.3% CAGR from 2021 to 2030, owing to surge in sales of EVs and cars across the region.

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐭𝐡𝐞 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/80bada78e3c8b7d050e8059c90ab07f4

Asia-Pacific region is expected to be dominating the global automotive air filters market owing to rise in production & sales of vehicles in the region. Countries in the region such as China and India, have recorded a growth in the sale of passenger cars. For in instance, in 2021, China recorded a growth of 6.6% in sale of passenger cars as compared to 2020.

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

By type, the cabin air filters segment is anticipated to exhibit significant growth in the near future.

By vehicle type, the passenger cars segment is anticipated to exhibit significant growth in the near future.

By propulsion, the electric vehicles segment is anticipated to exhibit significant growth in the near future.

By sales channel, the OEM segment is anticipated to exhibit significant growth in the near future.

By region, Europe is anticipated to register the highest CAGR during the forecast period.

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Automotive Relay Market - https://www.alliedmarketresearch.com/automotive-relay-market

Automotive Brake System Market - https://www.alliedmarketresearch.com/automotive-brake-system-market-A06012

Automotive Acoustic Material Market - https://www.alliedmarketresearch.com/automotive-acoustic-material-market-A08447

Electric Ships Market - https://www.alliedmarketresearch.com/electric-ships-market-A09173

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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help@alliedmarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


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