Global automotive filters market to grow at a CAGR of 7.85% during the period 2017-2021.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is increasing varieties of fuel filters to suit different applications. The use of clean fuel in ICEs engines improves engine efficiency and curbs carbon emission. In the combustion chamber, the fuel is contaminated by unwanted particles such as pollens, dust, liquid droplets, and rust. Unwanted particles enter the tank during refueling at fuel stations. These unwanted particles can clog the critical components of the engine such as the carburetor, injector, and fuel pump. Impurities in the fuel can cause serious damage to the engine. Fuel filters play an important role in removing unwanted particles from vehicles.
According to the report, one driver in the market is transportation of goods by roads. Growing preference for road transportation for last mile delivery and the subsequent increase in the use of heavy-, medium-, and light-duty vehicles in emerging countries such as China and India will reduce the demand for rail transport. In China, huge traffic congestions are caused by large heavy-duty trucks transporting goods from Inner Mongolia to Beijing. One of the main reasons for opting road transport for transporting cargo is the limited number of rail freight services available in the country. Lack of sufficient freight services has led companies to choose roadways as a reliable mode of transportation.
Further, the report states that one challenge in the market is rising demand for EVs. Currently, the traditional ICE vehicles dominate the market because of their tested and proven engine mechanism and performance. However, in the past few years, EVs have gained huge popularity.
- K&N Engineering
- Robert Bosch
Other Prominent Vendors
Key Topics Covered
Part 01: Scope of the Report
Part 02: Research Methodology
Part 03: Introduction
Part 04: Market Landscape
Part 05: Market Segmentation by Product Type
Part 06: Geographical Segmentation
Part 07: Key Leading Countries
Part 08: Decision Framework
Part 09: Drivers and Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
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