DUBLIN--(BUSINESS WIRE)--The "Automotive Filter Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The global automotive filter market is expected to reach an estimated $15.7 billion by 2023 and it is forecast to grow at a CAGR of 2.2% from 2018 to 2023.
The future of the global automotive filter market looks promising with opportunities in passenger cars, light commercial vehicles and heavy commercial vehicles. The major drivers of growth for this market are recovery in vehicle production and sales, increased miles driven per vehicle, more stringent government and environmental regulations, and increasing focus of vehicle owners on preventive maintenance.
Emerging trends, which have a direct impact on the dynamics of the automotive filter industry, include the innovation of engine air filter compact systems in commercial vehicle filters, and the development of multi-filtration systems.
The report forecasts that the engine air filter and cabin air filter segments will show above average growth during the forecast period.
Passenger cars, light commercial vehicles and heavy commercial vehicles are the major segments of the automotive filter market by vehicle type. Light commercial vehicle is expected to show above average growth during the forecast period.
APAC is expected to remain the largest region for automotive filters due to rising demand and production of vehicles along with increasing average age of vehicles in operation.
Some of the automotive filter companies profiled in this report include Mann+hummel Holding Gmbh, Mahle International Gmbh, Donaldson Company Inc., NGK Insulators Ltd and Parker Hannifan.
Scope of the Report
Automotive Filter Market by Product Type ($ Billion from 2012 to 2023)
- Fuel Filter
- Engine Air Filter
- Oil Filter
- Cabin Air Filter
Automotive Filter Market by Vehicle Type ($ Billion from 2012 to 2023)
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Automotive Filter Market by End User ($ Billion from 2012 to 2023)
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2012 to 2023
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
- Clarcor Inc.
- Cummins Inc.
- Denso Corporation
- Donaldson Company, Inc.
- IBIDEN CO., LTD.
- Mahle International Gmbh
- Mann+Hummel Holding Gmbh
- NGK Insulators Ltd
- Sogefi SpA
- Toyota Boshoku Corporation
For more information about this report visit https://www.researchandmarkets.com/research/ms7rzb/global_automotive?w=4