Air Filters Market is projected to reach USD 873.9 Million by 2020


Posted May 16, 2017 by pankaj_kaware

Air Filters Market is projected to reach USD 873.9 Million by 2020

 
The report “Air Filters Market by Type (Intake & Cabin), Filter Media (Intake-Cellulose & Synthetic, Cabin-Particle & Activated Carbon), Vehicle Type (Passenger Car, LCV, HCV, & Off- Highway), Market (OE & Aftermarket), & by Region - Global Forecast to 2020”, classifies and defines the automotive air filters market, in terms of value and volume. The report highlights potential growth opportunities for the market in coming years, and includes a review of market drivers, restraints, opportunities, challenges, competitive landscape, and other key aspects related to the automotive air filters market.

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Browse 77 tables and 63 figures spread through 182 Pages and in-depth TOC on "Air Filters Market by Type (Intake & Cabin), Filter Media (Intake-Cellulose & Synthetic, Cabin-Particle & Activated Carbon), Vehicle Type (Passenger Car, LCV, HCV, & Off- Highway), Market (OE & Aftermarket), & by Region - Global Forecast to 2020"

http://www.marketsandmarkets.com/Market-Reports/automotive-air-filters-market-1270.html

The automotive air filters market, by value, is projected to grow at a CAGR of 6.87% from 2015 to 2020.
The global automotive air filters market is projected to reach USD 873.9 Million by 2020. Asia-Oceania is estimated to hold the largest market share in 2015, followed by Europe and North America. The rising demand for air-conditioned vehicles has accelerated the demand for cabin air filters. The global cabin air filters market is projected to grow at a CAGR of 6.98% from 2015 to 2020.
The intake air filter is a vital vehicle component that is essential for the efficient working of an engine. Poor intake air filter performance could increase tailpipe emissions. Cabin air filters prevent airborne contaminants from entering the passenger compartment. This filter ensures a hygienic and clean environment inside the vehicle cabin. The market for automotive air filters is mainly driven by growing vehicle production across the globe. As automotive air filters are replaceable components, they have substantial commercial potential in the aftermarket as well.
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Automotive air filters have a strong presence in the off-highway vehicles market. Majority of agricultural tractors and construction equipment are equipped with cabin air filters. This trend is prevalent in technologically advanced regions such as Europe and North America. Cabin filters are estimated to account for the largest market share in Europe and North America in both, the OE market and aftermarket. Asia-Oceania is estimated to lead the intake air filters market. Cabin air filters are also projected to grow at a promising rate in this region in the near future.
The automotive air filter market ecosystem consists of filter manufacturers such as Mann+Hummel (Germany), Mahle Gmbh (Germany), Donaldson Company Inc. (U.S.), and Affinia Group Inc. (Italy), and regional automotive manufacturers associations such as Japan Automotive Manufacturers Association (JAMA) and Society of Indian Automotive Manufacturers (SIAM).
Target Audience
• Air filter manufacturers
• Filter media manufacturers
• Original equipment manufacturers
• Investment firms
• Equity research firms
• Private equity firms
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Scope of the Report
• By filter Type
o Intake
o Cabin
• By Filter Media
o Intake filter
 Cellulose
 Synthetic
o Cabin filter
 Particle
 Activated carbon
• By Vehicle Type
o Passenger cars
o LCVs
o HCVs
• By Market Type
o OE
o Aftermarket
• By Region
o Asia-Oceania
o North America
o Europe
o RoW
Available Customizations
• Two-wheeler air filter OE market, by country
• Two-wheeler air filter aftermarket, by country
• Detailed analysis and profiling of market players
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Issued By PANKAJ
Website http://www.marketsandmarkets.com/Market-Reports/automotive-air-filters-market-1270.html
Country India
Categories Automotive , Business
Tags air filters market
Last Updated May 16, 2017