Global Air Filter for Automotive Market Size, Trends and Growth Opportunity, By Type (Cabin Air Filter, Intake Air Filter), Filter Media (Synthetic, Activated Carbon, Cellulose, Others), Vehicle Type (Passenger Car, Light Commercial Vehicles, Heavy Duty Commercial Vehicle, Others), Distribution Channel (OEMs, Aftermarket) By Region and forecast till 2027.
Report ID : IR100934 | Industries : Healthcare | Published On :May 2024 | Page Count : 256
Global Air Filter for Automotive Market Size, Trends and Growth Opportunity, By Type (Cabin Air Filter, Intake Air Filter), Filter Media (Synthetic, Activated Carbon, Cellulose, Others), Vehicle Type (Passenger Car, Light Commercial Vehicles, Heavy Duty Commercial Vehicle, Others), Distribution Channel (OEMs, Aftermarket) By Region and forecast till 2027.
Global Air Filter for Automotive Market
Global Air Filter for Automotive Market was valued at USD 4048.11 million in 2021 and is slated to reach at USD 5340.10 million by 2027 at a CAGR of 4.82% from 2022-2027.
For effective cabin ventilation and engine performance, automotive air filters are used to filter the air entering the vehicle and remove solid particles including dirt, dust, and pollen. Typically, it is constructed from spun fibreglass material, pleated cloth, or paper that is housed in a cardboard frame. In order to maintain adequate torque and engine power, an air filter's primary job in an automobile is to clean and filter outside air before it enters the engine.
Market Drivers
The market for automobile air filters is expanding significantly due to rising environmental concerns. Auto air filters contribute to improved fuel economy, a reduction in emissions, and the release of greenhouse gases. Our World in Data, a US-based online site, reported that in 2020, passenger vehicles like motorbikes, cars, and buses will account for 60% of road transport emissions, with trucks and lorries accounting for the remaining 40%. As a result, growing environmental concerns about harmful emissions drive up demand for automobile air filters, which ultimately propels the market growth rate. A decrease in vehicle production caused by COVID-19 has a direct impact on the expansion of the automotive air filter market. However, a solid rebound in car manufacturing is anticipated for 2021, which would assist the growth of the targeted market in the following years. Because of rising customer concern over vehicle air quality, the market for automotive air filters is anticipated to grow. Throughout the projection period, this will foster market expansion.
Market Restraints
The large-scale consumption of air filters for automobiles will be restricted by the rise in the price of the raw materials required in their manufacture. The use of this filter in automobiles is constrained by the rising cost of raw materials, which is a significant factor in limiting market growth. Also, the automotive air filter market is not a stand-alone market because it is totally dependent on the growth of the automotive sector, which is constantly impacted by shifts in the sales of automobiles.
Recent Development
RPS Products, a US-based producer of air filters for a variety of uses, was purchased by Freudenberg Filtration Technologies, a South Africa-based company, in 2021 for an unknown sum. By making this deal, Freudenberg would expand its clientele in North America.
Nirvana Being introduced its artificial car cabin filtration solutions in 2021 to offer pollution defence. To increase its market share, the Nirvana Being Corporation is primarily focusing on potential South Asian markets like India.
Mann+Hummel said in 2021 that they would introduce the first car equipped with a high efficiency particulate air (HEPA) filter to combat vehicular air pollution.
COVID-19 Impact
A drop in corporate confidence, a considerable delay in the supply chain, turbulence in the market for car air filters, and rising consumer anxiety are all results of the COVID-19 pandemic. Governments have already ordered the temporary closure and complete lockdown of various industries, which has a severe effect on vehicle production and sales as a whole. Car sales have decreased as a result of the pandemic's impact on the supply chain. The need for air filters has consequently decreased as a result of this. For instance, in 2020, the global output of autos decreased by 16%. Yet, after the shutdown limitations were relaxed, the sale and production of automobiles have increased. From over 63.8 billion units in 2020, global auto sales increased to around 66.7 billion units in 2021. During the anticipated period, this increase in vehicle production and sales is anticipated to fuel market expansion.
Market Segmentation
Global Air Filter for Automotive Market is segmented into By Type, Filter Media, Vehicle Type, Distribution Channel. By Type such as Cabin Air Filter, Intake Air Filter. By Filter Media such as Synthetic, Activated Carbon, Cellulose, Others. by Vehicle Type such as Passenger Car, Light Commercial Vehicles, Heavy Duty Commercial Vehicle, Others. By Distribution Channel such as OEMs, Aftermarket.
Regional Analysis
Global Air Filter for Automotive Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Due to the expansion of the automotive sector and the high concentration of manufacturers in this region, Asia-Pacific currently holds a monopoly on the global market for automotive air filters in terms of revenue. Over the forecast period of 2023-2030, North America is expected to experience the quickest rate of development. Increase is mostly due to shifting consumer preferences, rising per capita income, and the introduction of rules that support the use of effective, lightweight, and robust materials in this area.
Key Players
This report includes a list of numerous Key Players, namely Honeywell International Inc. (U.S.), KYOTO MACHINERY (Japan), LIFA Air Ltd. (Finland), Power4 Industries Limited (China), Cuckoo (India), Koninklijke Philips N.V. (Netherlands), Eureka Forbes (India), DENSO CORPORATION.(Japan), Robert Bosch GmbH (Germany), 3M (U.S.).
Market Taxonomy
By Type
• Cabin Air Filter
• Intake Air Filter
By Filter Media
• Synthetic
• Activated Carbon
• Cellulose
• Others
By Vehicle Type
• Passenger Car
• Light Commercial Vehicles
• Heavy Duty Commercial Vehicle
• Others
By Distribution Channel
• OEMs
• Aftermarket
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Air Filter for Automotive Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Air Filter for Automotive Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Air Filter for Automotive Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Air Filter for Automotive Market Share Analysis, By Type
5.3 Global Air Filter for Automotive Market Size and Forecast, By Type
5.3.1 Cabin Air Filter
5.3.2 Intake Air Filter
6 Global Air Filter for Automotive Market, By Filter Media
6.1 Y-o-Y Growth Comparison, By Filter Media
6.2 Global Air Filter for Automotive Market Share Analysis, By Filter Media
6.3 Global Air Filter for Automotive Market Size and Forecast, By Filter Media
6.3.1 Synthetic
6.3.2 Activated Carbon
6.3.3 Cellulose
6.3.4 Others
7 Global Air Filter for Automotive Market, By Vehicle Type
7.1 Y-o-Y Growth Comparison, By Vehicle Type
7.2 Global Air Filter for Automotive Market Share Analysis, By Vehicle Type
7.3 Global Air Filter for Automotive Market Size and Forecast, By Vehicle Type
7.3.1 Passenger Car
7.3.2 Light Commercial Vehicles
7.3.3 Heavy Duty Commercial Vehicle
7.3.4 Others
8 Global Air Filter for Automotive Market, By Distribution Channel
8.1 Y-o-Y Growth Comparison, By Distribution Channel
8.2 Global Air Filter for Automotive Market Share Analysis, By Distribution Channel
8.3 Global Air Filter for Automotive Market Size and Forecast, By Distribution Channel
8.3.1 OEMs
8.3.2 Aftermarket
9Global Air Filter for Automotive Market, By Region
9.1 Global Air Filter for Automotive Market Share Analysis, By Region
9.2 Global Air Filter for Automotive Market Share Analysis, By Region
9.3 Global Air Filter for Automotive Market Size and Forecast, By Region
10 North America Air Filter for Automotive Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Air Filter for Automotive Market Share Analysis, By Type
10.3 North America Air Filter for Automotive Market Size and Forecast, By Filter Media
10.4 North America Air Filter for Automotive Market Size and Forecast, By Vehicle Type
10.5 North America Air Filter for Automotive Market Size and Forecast, By Distribution Channel
10.6North America Air Filter for Automotive Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11Europe Air Filter for Automotive Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Air Filter for Automotive Market Share Analysis, By Type
11.3 Europe Air Filter for Automotive Market Size and Forecast, By Filter Media
11.4 Europe Air Filter for Automotive Market Size and Forecast, By Vehicle Type
11.5 Europe Air Filter for Automotive Market Size and Forecast, By Distribution Channel
11.6 Europe Air Filter for Automotive Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Air Filter for Automotive Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Air Filter for Automotive Market Share Analysis, By Type
12.3 Asia Pacific Air Filter for Automotive Market Size and Forecast, By Filter Media
12.4 Asia Pacific Air Filter for Automotive Market Size and Forecast, By Vehicle Type
12.5 Asia Pacific Air Filter for Automotive Market Size and Forecast, By Distribution Channel
12.6 Asia Pacific Air Filter for Automotive Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13Latin America Air Filter for Automotive Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Air Filter for Automotive Market Share Analysis, By Type
13.3 Latin America Air Filter for Automotive Market Size and Forecast, By Filter Media
13.4 Latin America Air Filter for Automotive Market Size and Forecast, By Vehicle Type
13.5 Latin America Air Filter for Automotive Market Size and Forecast, By Distribution Channel
13.6Latin America Air Filter for Automotive Market Size and Forecast, By Country
13.6.1 Brazil
13.6.2Rest of Latin America
14 Middle East Air Filter for Automotive Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Air Filter for Automotive Market Share Analysis, By Type
14.3 Middle East Air Filter for Automotive Market Size and Forecast, By Filter Media
14.4 Middle East Air Filter for Automotive Market Size and Forecast, By Vehicle Type
14.5 Middle East Air Filter for Automotive Market Size and Forecast, By Distribution Channel
14.6 Middle East Air Filter for Automotive Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Honeywell International Inc. (U.S.)
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 KYOTO MACHINERY (Japan)
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 LIFA Air Ltd. (Finland)
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Power4 Industries Limited (China)
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Cuckoo (India)
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Koninklijke Philips N.V. (Netherlands)
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Eureka Forbes (India)
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 3M (U.S.)
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Robert Bosch GmbH (Germany)
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 DENSO CORPORATION.(Japan).
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies