DUBLIN--(BUSINESS WIRE)--The "Automotive Filters Market by Type, Air & Cabin Filter Media, Fuel & Vehicle Type, Aftermarket - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The automotive filters aftermarket is projected to grow at a CAGR of 1.14% from 2018 to 2025, to reach USD 23.31 billion by 2025 from an estimated USD 21.53 billion in 2018.
The increasing vehicle parc and average miles driven every year across all regions are projected to be the major factors driving the growth of the automotive filters aftermarket.
On the other hand, the major factor hindering the growth of the automotive filters aftermarket is the increasing installation rate of non-replaceable filters as this will reduce the number of units replaced during the entire vehicle life.
The market for synthetic media air filters is projected to grow at the highest CAGR during the forecast period from 2018 to 2025, by value, as this type of filters is more efficient than the cellulose media filters. They are mostly installed in premium passenger cars and high-performance trucks to enhance the engine performance. Synthetic media filters have various advantages when compared with cellulose media filters, such as smaller size, water resistant, increased airflow, and higher performance. Moreover, due to the better airflow for combustion, these filters result in higher fuel efficiency and lower emissions. Thus, upcoming vehicle emission norms would encourage OEMs to install synthetic media air filters in their vehicles.
The HEV segment is projected to have the largest market share in the electric & hybrid vehicle filters market, in terms of value, during the forecast period. The sales of HEV is the highest in Asia Oceania region followed by North America. The sales of HEVs is higher than BEVs or PHEVs as the cost of HEVs are the same as gasoline or diesel variants; whereas, BEVs and PHEVs come under the premium vehicle segment. In HEV, filters such as dryer cartridges for batteries, EMI/EMC filter, and cooling air particle filter are additionally equipped apart from the traditional ICE vehicle filters such as air, fuel, oil, and cabin filters.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automotive Filters (OE) Market for ICE Vehicles, By Filter Type
7 Automotive Air Filters (OE) Market, By Media Type
8 Automotive Fuel Filter (OE) Market, By Fuel Type
9 Automotive Cabin Filter (OE) Market, By Material
10 Automotive Filters (OE) Market, By ICE Vehicle Type
11 Electric & Hybrid Vehicle Filters (OE) Market, By Region
12 Electric & Hybrid Vehicle Filters (OE) Market, By Filter Type
13 Automotive Filters Aftermarket, By Filter Type
14 Automotive Filters Aftermarket, By Region
15 Competitive Landscape
16 Company Profiles
- Robert Bosch
- K&N Engineering
- ADR Group
- Lucas TVs
- Dale Filter Systems
- Toyota Boshoku
- Freudenberg Group
- Filtran LLC
- Fildex Filters
- APC Filtration
- A.L. Filter
For more information about this report visit https://www.researchandmarkets.com/research/kkq4gn/automotive?w=4