Global Automotive Filter Market, By Filter Type: Air Filter, Oil Filter, Fuel Filter, Cabin Air Filter; By Vehicle Type: Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs); By End-user: OEM, Aftermarket: Research, Analysis, Insights, Size, Growth and Forecast through 2016-2025

 Preamble:

Filters are devices used to remove impurities or solid particles from liquid or gas passing through it. Filters used in automobiles can be of different types such as Air filter, Oil filter, Fuel filter and Cabin air filter. The purpose of air filter is to remove solid impurities such as dust, bacteria and others from air. Oil filter are specially designed filter which serves the purpose of removing contaminants from engine oil, lubrication oil and others. Fuel filters is also a kind of filter which is generally placed in the fuel line to screen out dirt particles from the fuel and is mostly found in internal combustion engines. Similarly, the function of cabin air filter is that it processes the air entering the passenger compartment that is through the vehicles heating or air conditioning system thus providing comport to the passenger by trapping dust particulates.

According to recent market trends, modern vehicles are equipped with filter which serves to be major part of automobiles. The rise in demand of automotive filter has emerged in the recent years thus augmenting the growth of automotive filter market. High adoption of automotive filter in new generation vehicles shows huge market potential during the forecast period.

Notable industry movements:

Air filter, oil filter, fuel filter, and cabin air filter are the major segments of automotive filters. Out of this the cabin air filter and also the air filter segments are expected to show a rise in growth whereas the oil filter segment is expected to be the largest market in terms of revenue. In terms of volume the aftermarkets in automotive filter has a huge growth potential with respect to OEM (Original Equipment Market) market. The major rise in demand of the market is majorly due to the increasing rate in production of vehicles, and the periodic maintenance of the vehicles which are already in operation.

However, with this there are also some downsides associated with oil and fuel filter market. The rise in demand for electric vehicles and plug-in hybrid vehicles acts as a restraining factor for automotive filter market, thus hampering the growth of the automotive filter market.

Segmentation:

Geographical framework and growth trend:

By geography, automotive filter market is segmented into Europe, North America, Asia Pacific and rest of the world. With the increasing rate of production of vehicles and improvement in economic conditions Asia Pacific is expected to hold the largest market share in automotive filters. In countries like China, India and Germany there is a rapid increase in demand of automotive filters in OEM (Original Equipment Market) and as well as the aftermarket during the forecast period. For further market expansion, new development in product is expected to enhance the performance of automotive filters.

Key leaders:

On a global basis, key leaders operating this automotive filter market are Robert Bosch GmbH, Denso Corporation, Valeo SA, Ahlstrom Corporation, Donaldson Company, Inc., Cummins Inc., Sogefi S.p.A., Phoenix, Alco Filters Ltd., K&N Engineering, Hollingsworth & Vose Company, Freudenberg & Co. KG, UFI Filters among others.