Industry Background:
All fuel-burning engines have the need for a regular supply of air so as to function in a proper manner. The air filters help in cleaning the air before it passes through the cylinders and thus preventing dust, grit, dirt, and other debris from entering into the system and causing any sort of damage. An air filter is a device that is made up of fibrous or permeable material that removes all the solid particles such as dust, mold, pollen, and bacteria from the air. Filters having a catalyst or absorbent like charcoal could also help in removing odors and gaseous contaminants. Air filters are usually used in such applications where in the air quality is very much important, particularly in buildings and in the engines. Congested or dirty air filters can notably reduce the airflow from the vents, and can also let allergens into the airflow, and since the air temperature is very much dependent on the rate of flow of air that is passing through the heater core, or the evaporator or both, this can further hamper the effectiveness and also reduce the efficiency of the air conditioner of the vehicle and hence effecting the heating performance also.This growth is primarily driven by Rapid Growth of Automobile Sector in Emerging Economies is Driving the Market Demand
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Auto Parts & Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Camfil (Sweden), CLARCOR Inc (United States), Cummins Inc. (United States), Daikin Industries (Japan), Donaldson Company, Inc. (United States), Mann+Hummel GMBH (Germany), K&N Engineering, Inc. (United States), Parker Hannifin Corporation (United States), Sogefi Group (Italy), Hengst SE (Germany), Mahle GmbH (Germany), Robert Bosch GmbH (Germany), Ahlstrom-Munksjö (Finland), Freudenberg & Co.KG (Germany), ACDelco Inc. (United States) and Denso Corporation (Japan), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In August 2022, Cummins Inc., a global power and technology leader, acquired Meritor, Inc., a leading global supplier of drivetrain, mobility, braking, aftermarket, and electric powertrain solutions for the commercial vehicle and industrial markets. . By integrating Meritor's people, products and capabilities in axle and brake technology, Cummins will position itself as a leading supplier of integrated powertrain solutions across internal combustion engine and power applications.
In January 2023, K&N Engineering, a company providing high-performance automotive filtration solutions, announces a new industry group created to provide high-performance, sustainable air filtration solutions to mission-critical infrastructure providers, including data centers and other industrial applications and markets. I did. .Thousands of tons of air filter waste generated by data centers end up in landfills each year.The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Regulatory Insights:
Due to stringent government regulations on evaporation emission and engine exhaust particulate emission. In the case of low performing air filters, the concentration of contaminants emitted from the engine is more, resulting in increased air pollution and non-compliance of government regulation. Thus, OEMs have developed high-performance air filters to comply with stringent government regulations to reduce the air pollution and concentration of contaminants.
Influencing Trend:
Increase in Trend of Customers Demands of Various Properties for Their Automotive Such As Finishing, Texture, and Eco-Friendliness Has Boosted This Market
Market Growth Drivers:
Rapid Growth of Automobile Sector in Emerging Economies is Driving the Market Demand and Increase in the Demand of Consumers for Highly Appealing Automotive is a Factor That Has Been Driving the Growth of Car Air Filter Market
Challenges:
The Growing Concerns for Environment Related Issues May Hamper the Growth of the Car Air Filter Market
Restraints:
Severe Regulations Associated with Usage of Filters Set by Government
Opportunities:
Growing Innovation of More Air Filter Products That Are More Eco-Friendly
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Car Air Filters Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Car Air Filters Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Car Air Filters players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Car Air Filters Study Sheds Light on
The Car Air Filters Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Car Air Filters industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Car Air Filters industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.