Overview and Scope
The automotive filter refers to the air filters installed in vehicles that capture various impurities and contaminants such as dust, pollen, metal particles, and impurities in the fuel. Automotive filters assist in the smooth operation of a vehicle’s engine, resulting in increased efficiency and lower vehicle maintenance costs. The automotive filters are used to increase the flow of clean air to reduce engine damage, as engines require a constant supply of fresh air to function properly and last longer.
Sizing and Forecast
The automotive filter market size has grown strongly in recent years. It will grow from $24.05 billion in 2023 to $25.43 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to engine efficiency and performance, vehicle sales and production, consumer awareness and health concerns, industrial and environmental factors, maintenance and replacement needs.
The automotive filter market size is expected to see strong growth in the next few years. It will grow to $32.21 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to environmental sustainability goals, adoption of advanced filtration systems, global expansion of automotive industry, increasing concern for cabin air quality, growth in aftermarket demand. Major trends in the forecast period include innovations in heavy-duty filters, circular economy practices, focus on fuel efficiency and engine performance, remote and contactless maintenance, retrofitting and upgradation.
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Segmentation & Regional Insights
The automotive filter market covered in this report is segmented –
1) By Filter Type: Fuel Filter, Oil Filter, Air Filter, Cabin Filter, Coolant Filter, Transmission Oil Filter, Other Filter Types
2) By Media Type: Cellulose, Fiberglass, Other Media Types
3) By Vehicle Type: Commercial Vehicles, Passenger Vehicles, Other Vehicle Types
4) By Material Type: Particle, Activated Carbon, Electrostatic
5) By Distribution Channel: OEM, Aftermarket
North America was the largest region in the automotive filter market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive filter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
An increase in environmental concerns and stringent emission norms is contributing to the growth of the automotive filter market. Automotive filters help in increasing fuel efficiency and reducing emissions and greenhouse gases. According to a report published by a US-based online publication, Our World in Data, in 2020, 60% of road transport emissions will come from passenger travel (cars, motorcycles, and buses) and the remaining 40% from road freight (lorries and trucks). The government has developed strict emission regulations in response to the increase in greenhouse gas emissions in the environment. For instance, in December 2021, for model years 2023–2026, the United States Environmental Protection Agency (EPA), a US-based government agency, released new national greenhouse gas (GHG) emissions requirements for passenger vehicles and light trucks. The final guidelines would result in significant reductions in GHG emissions as well as other criterion pollutants. Therefore, the increase in environmental concerns and stringent emission norms will contribute to the growth of the automotive filter market going forward.
Key Industry Players
Major companies operating in the automotive filter market report are Robert Bosch GmbH, Denso Corp., Kirloskar Cummins Ltd., Valeo SA, Parker Hannifin Corp., Mahle GmbH, Toyota Boshoku Corp., Dana Incorporated, Hanon Systems Co. Ltd., MANN+HUMMEL Gruppe, Lennox International Inc., Donaldson Company Inc., Ahlstrom Corporation, Modine Manufacturing Company Inc., Sogefi SpA, Gentherm Inc., Hengst SE, Champion Laboratories Inc., K&N Engineering Inc., Grayson Thermal Systems Corp., Thomas Industrial Network, Grand Prix Engineering Pvt. Ltd., Fleetguard Filters Private Limited, Industrial Filters and Fabrics Pvt. Ltd., Innovation Filter System Pvt. Ltd., Kleenoil Filtration Ltd., SE Coopermatics Filtration Systems India Pvt. Ltd., Gopani Product Systems Pvt. Ltd., SP Singh Co. Ltd., Usha Filters Pvt. Ltd.
The automotive filter market report table of contents includes:
1. Executive Summary
2. Automotive Filter Market Characteristics
3. Automotive Filter Market Trends And Strategies
4. Automotive Filter Market – Macro Economic Scenario
5. Global Automotive Filter Market Size and Growth
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32. Global Automotive Filter Market Competitive Benchmarking
33. Global Automotive Filter Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Automotive Filter Market
35. Automotive Filter Market Future Outlook and Potential Analysis
36. Appendix
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