Automotive Filters Market Segmentation, Parameters and Prospects 2018 to 2023


Posted December 7, 2018 by vaibhavhulsure

Automotive Filters Market Research Report: Segmentation By Type (Fuel Filter, Air Filter, Oil Filter and Emission Filter), Sales (OEM, IAM, OES, Aftermarket), Applicationand Region - Global Forecast till 2023

 
Market Synopsis

Automotive filters are used in preventing harmful contaminants such as dirt, dust, and grit from entering our engine. Filters play a big role in improving the efficiency of the vehicle. All modern vehicles are equipped with different filters to upgrade the vehicle efficiency. Filters are used in vehicles for air purity, fuel purity, emission exhaust purity, and oil purity. Additionally, more filters are used for cabin air purification.

According to Automotive Aftermarket Suppliers Association (AASA), as a result of service parts counterfeiters in 2015 the market incurred a loss of around USD 12 billion every year, USD 3 billion of which is estimated to be for the U.S. market, only. However, counterfeiting of products will be a major challenge for manufacturers. Moreover, the unavailability of original products will hamper the growth of the market. Counterfeiting in aftermarket is also a major restraint for the market.

The prominent players in the Automotive Filters Market are-

Robert Bosch GmbH (Germany), ALCO filters (Germany), Lydall Inc. (Japan), Toyota Boshoku Corporation (Japan), Mahle GmbH (Germany), Mann+Hummel, Clarcor Inc. (Germany), ACDelco Inc. (U.S.), Cummins Inc. (U.S.), Denso Corporation (Japan), Hollingsworth & Vose Co. Inc. (U.S.), Donaldson Company Inc (U.S.).

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Automotive Filters Market Segmentation:

The global automotive filters market is segmented on the basis of type, sales channel, application and region.
On the basis of type market is segmented as fuel filter, air filter, oil filter and emission filter. On the sales channel, the market is segmented as OEM, OES, IAM and aftermarket.
On the basis of application, the market is segmented by passenger vehicle, light commercial vehicle, heavy commercial vehicle and two-wheeler.
Regional Analysis:

Geographically, the global automotive filters market has been divided into four major regions of North America, Europe, Asia Pacific, and Rest of the World. Among all regions, Asia Pacific is expected to dominate the market during the forecast period. Rising purchasing power, low labor cost, and improved infrastructure will enhance the growth of the market. Increased population and their demand for the personal vehicles will attract new entrants in the Asia Pacific market.

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Report Overview

This study provides an overview of the global automotive filters market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive filters market by type, sales, application and regions.

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Categories Automotive
Tags automotive filters market analysis , automotive filters market share , automotive filters market trends
Last Updated December 7, 2018