An air filter is a device which is used to purify the air by removing particulates like pollen, mould, bacteria and dust from air. The air filters consist of fibrous materials and an absorbent or catalyst to remove contaminants. The air filters in an automobile are used to purify and clean outside air before it gets sucked by an engine, protect the vehicle engine from getting damaged, protect the carburetor or fuel injection system by filtering incoming air and enhance the efficiency of performance of engine thus increasing fuel economy. Air filters prevent contaminants to enter in to the car as they can cause respiratory problems.
The global automotive air filter market was valued at US$5.614 billion in 2017 and is expected to grow at a CAGR of 8.83% to reach a market size of US$8.570 billion by the year 2022.
The tremendous expansion of automobile industry owing to the rise in number of vehicles over past few years is the major factor driving the global market for automotive air filter. In addition to this, other factors including growing awareness about health concerns, government initiatives regarding stringent emission norms and increasing need for better fuel economy significantly contribute to the market growth. However, reluctance exhibited by customers to replace air filters may impact the market negatively. The high speed product innovation and technological development leads to the development of non-serviceable filter which creates ample opportunity for the market to grow over the forecasted period.
Geographically, the Asia Pacific market is expected to drive the global market of automotive air filter due to growing automotive industry with rapid urbanization and increasing per capita income of the regional population along with boosting standards of living. North America and Europe are also expected to grow at a decent rate owing to rising number of agricultural tractors and construction equipment having air filters.
Firstly, the report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Next, the section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Automotive Air Filters. Complete industry analysis has also been covered by Porters five forces model as a part of this report section.
Thirdly, Automotive Air Filters Market has been segmented on the basis of vehicles, type and geography as follows:
Cabin Air Filters
Intake Air Filters
Europe Middle East and Africa
Middle East and Africa
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are MANN+HUMMEL, Cummins Filtration, MAHLE GmbH, Ahlstrom Corporation, Hengst SE & Co. KG, DENSO, Valeo, and Bosch.
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porters 5 Forces Analysis
4.8. Industry Value Chain Analysis
4.9. Industry Regulations
4.10. Scenario Analysis
5. Global Automotive Air Filter Market Forecast by Vehicles (US$ billion)
5.3. Passenger Cars
6. Global Automotive Air Filter Market Forecast by Type (US$ billion)
6.1. Cabin Air Filters
6.2. Intake Air Filters
7. Global Automotive Air Filter Market Forecast by Geography (US$ billion)
7.1.1. North America
7.1.2. South America
7.2. Europe Middle East and Africa
7.2.2. Middle East and Africa
7.3. Asia Pacific
8. Competitive Intelligence
8.1. Market Share of Key Players
8.2. Investment Analysis
8.3. Recent Deals
8.4. Strategies of Key Players
9. Company Profiles
9.2. Cummins Filtration
9.3. MAHLE GmbH
9.4. Ahlstrom Corporation
9.5. Hengst SE & Co. KG