Car Air Filter Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022

Published on : Aug-2017 | List of Tables : 298 | List of Figures : 90 | No. of Pages : 170 | Report Code : FACT135MR |

A car air filter is used to remove particles like dust, bacteria and pollen from the intake air that goes into the internal combustion engine. If the car air filter is not clean, it may result in damage to the engine. A clean air filter is necessary for the smooth operation and optimal performance of an automobile. Besides cleaning the air which enters the engine while combustion is taking place, the air filter also removes debris from the air that may otherwise cause abrasion and damage the engine. Hence it is necessary to use a proper air filter in an automobile. If the air filter of any automobile is worn off or outdated, it may cause reduced fuel average, problems in the spark plug of the engine, reduced horsepower of the automobile and black sooty smoke or flames coming out from the exhaust pipe. Hence, it is necessary that the air filter of the automobile is kept in a prime condition in order to make the engine work optimally and reduce the emissions of the automobile. The increasing sales of automobiles, particularly cars, is the main driver for the growth of the car air filter market. Also, as the car air filter needs to be changed at regular intervals, there is a huge aftermarket demand for car air filters. However, since the future of the automobile is centered on the electric vehicles, in which there is no combustion of fuel, growth of car air filters market is being affected negatively.

A car air filter is used to clean the air going into the internal combustion engine and remove debris like dust, bacteria and pollen from the intake air and make it fit for combustion. A car air filter is made of fibrous materials and these fibers may also contain charcoal or other absorbents to remove odors and other gaseous pollutants from the air that is entering the engine.  

This Fact.MR report on the global car air filter market forecasts that the global car air filter market will touch a value of nearly US$ 9,916 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.

Market Taxonomy

Product Type

Sales Channel

Vehicle Type

Filter Media

Cabin air filter

OEM

Compact Passenger Cars

Cellulose

Intake air filter

OES

Mid-sized Passenger Cars

Synthetic

 

IAM

Premium Passenger Cars

Activated carbon

   

Luxury Passenger Cars

Particle


Europe Market Set to Dominate the Global Car Air Filter Market in Terms of Revenue(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

The car air filter market in Europe is set to dominate the global car air filter market in terms of value and this trend is projected to sustain itself throughout the assessment period. Europe car air filter market is the most attractive market, growing at a sluggish CAGR over the assessment period.

Cabin Air Filter Segment Poised to Touch a Value of Nearly US$ 4,550 Mn in 2022

As per the forecast of Fact.MR, the cabin air filter segment is expected to reach a value of nearly US$ 4,550 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. Cabin air filter segment is expected to account for nearly half of the revenue share of the product type segment by the year 2017 and is expected to lose market share by the end of the year 2022.  

OEM Car Air Filter Segment to exhibit a CAGR of 3.1% During the Assessment Period

As per the forecast of Fact.MR, the OEM car air filter segment is slated to touch a figure of nearly US$ 1,910 Mn in the year 2022. This represents a CAGR of 3.1% during the assessment period from 2017 till the year 2022. This segment is expected to gain market share by the end of the year 2022. The OEM car air filter segment is expected to account for nearly one-fifth of the revenue share of the sales channel segment by the year 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global car air filter market through 2022, which include Freudenberg & Co. KG, Hollingsworth & Vose Company, Champion Laboratories, Inc., Denso Corporation, Donaldson Company, Inc., General Motors, MAHLE GmbH, UFI Filters Spa and Alco Filters Ltd.

Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR

Car air filters are used to clean the air that is going in the internal combustion engine and make it fit for combustion by removing debris like dust, pollen and bacteria. If the car air filter is not functioning properly, it may result in engine trouble, reduced mileage and increased emissions. This Fact.MR report discusses key prospects for growth of global car air filter market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies.

Scope

The scope of the report is to analyze the global car air filters market for the period 2017-2022 and give readers an accurate, unbiased analysis. Car air filter manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.

Summary

The report begins with a concise summary of the global car air filters market. This executive summary sets the tone for the rest of the report, giving users the scope of the report. The executive summary includes important facts and statistics on the global car air filters market.

Overview

The next section is an overview of the global car air filters market. This includes the introduction to the market and a standard definition of the product – car air filter. In this section, year-over-year growth and market value is offered to readers. Year-over-year growth gives readers a broader picture on growth patterns during the forecast period.

The next section of the report offers a thorough description of the latest macroeconomic factors that have a bearing on the global car air filters market. Considering the interconnectedness of the car air filter market to global automotive market and, in general, the global economy, readers will get valuable insights on how international developments impact this market.

In a bid to keep readers up-to-date on the latest developments in the global car air filters market, the report offers readers a roundup of the latest trends impacting the market. As the automotive sector is ever-evolving, staying abreast with latest trends and developments is paramount to formulating key business strategies. Information on supply chain, cost structure, pricing analysis, raw material sourcing, and list of distributors are offered to readers in this section.

Considering the broad scope of global car air filter market, the report includes a segment-wise analysis and forecast. The global car air filter market is segmented into – product type, sales channel, vehicle type, filter media and region. Through this section, the report offers an in-depth country-wise forecast on every parameter associated with car air filters.

The concluding section of the report profiles companies operating in the global car air filters market. Companies of all sizes, including market leaders, established players, and market entrants are profiled in this section. The competitive intelligence offers information on company overview and other important parameters, such as product offerings and key financials.

Research Methodology

Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,

  • Primary research
  • Secondary research
  • Trade research
  • Focused interviews
  • Social media analysis

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Car Air Filter Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022