About Fuel Filters
The filters mounted on the fuel system of automobiles are manufacture in such a way that it increases the efficiency of the motor and to prolong the lifetime of parts of the motor. The function of these filters is, composed with solid particles, cleaning water, paraffin and organic material. The productivity of fuel filter depends on the quality of the fuel used and the general state (abrasion) of the motor. Fuel filters in carburetor engines can clean the element upto 8 micrometers with an efficiency of 99%. In injection motors, this ratio decline upto diameters of 2-3 mictometers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies. Analyst at AMA Research estimates that German Vendors will contribute the maximum growth to Global Fuel Filters market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bosch (Germany), Ahlstrom-Munksjö Oy (Finland), Mahle GmbH (Germany), Denso Corporation (Japan), Yamaha Corporation (Japan), Mann-hummel (Germany), Yanmar Co., Ltd. (Japan), Parker-Hannifin Corporation (United States), Foshan TORA Filter Manufacturing Co Ltd (China) and Sogefi Group (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Hengst SE & Co KG (Germany) and Ufi Filters SpA (Italy).
Segmentation Overview
AMA Research has segmented the market of Global Fuel Filters market by Type (Gasoline Filter, Diesel fuel Filters and Gas (LPG) Filter), Application (Passenger Car and Commercial Vehicles (LCVs, HCVs)) and Region.
On the basis of geography, the market of Fuel Filters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Structure Type, the sub-segment i.e. Linear Filters will boost the Fuel Filters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Innovation of Engine Air Filter Compact Systems in Commercial Vehicle Filters
Market Growth Drivers:
Increasing Demand for Automotive Vehicles and Development of Multi-Filtration Systems
Challenges:
Availability of Counterfeit Products and Unorganized Aftermarket
Restraints:
Surge in Adoption of Battery Electric Vehicles (BEVs) which Would Hinder the Growth of Air, Oil & Fuel Filters
Opportunities:
Advancement in Filters Technology
Market Leaders and their expansionary development strategies
In September 2019 - Yanmar Group has announced the completion of its acquisition of compact equipment manufacturer ASV Holdings Inc. (“ASV”), a designer and manufacturer of renowned compact tracked loaders (“CTLs”) and skid-steer loaders (“SSLs”).
In May 2023, MAHLE Aftermarket UK has added six new-to-range filters to its product range, including three new air filters, and three new fuel filter elements.
Key Target Audience
Manufacturers of Fuel Filters, Suppliers of Fuel Filters, Wholesalers, Distributors and Retailers of Fuel Filters, Automobile Industry and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.