About Engine Filters
The engine filter is aimed to remove grime from engine oil which helps to lubricate internal vehicle parts leads to increasing engine lifespan, decreasing emission and results in low fuel consumption. The rise in diesel ignition is likely to pose a threat to the environment. Regulatory bodies of key countries are imposing stringent environmental standards to control carbon emissions from automobiles. Increasing demand for the commercial vehicle from emerging economies such as India, China, Brazil and others owing to increasing per capita income of the peoples supplementing the growth of engine filter market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Automotive oil filter market is fragmented owing to the number of players present in the market. Market leaders are focusing on the development of advanced engine filters to reduce pollution. For instance, recently MANN HUMMEL developed Brake Dust Particle Filter for both commercial and passenger vehicles. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Engine 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.
MANN HUMMEL (Germany), Donaldson (United States), Robert Bosch (Germany), MAHLE (Germany), Sogefi (Italy), Denso (Japan), Ahlstrom-Munksjo (Sweden), ACDelco (United States), Hengst (Germany), K&N Engineering (United States), Volkswagen (Germany), Ford Motor Company (United States), Hyundai Motor Company (South Korea), Toyota Motor Corporation (Japan) and Mahindra & Mahindra Ltd (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Zhejiang Universe Filter (China), Tata Motors (India) and Daimler AG (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Engine Filters market by Type (Air Filter, Oil Filter and Fuel Filter) and Region.
On the basis of geography, the market of Engine 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 Vehicle , the sub-segment i.e. Passenger Vehicle will boost the Engine Filters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. OEMs will boost the Engine Filters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fuel Type, the sub-segment i.e. Gasoline will boost the Engine Filters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emphasizing on improving fuel efficiency of vehicles
Market Growth Drivers:
Growing Vehicle Production Driving Engine Filter Market and Stringent Emission Control Norms
Challenges:
Increasing Demand for Electric vehicles
Restraints:
Rising Prizes of inflammable fuel like diesel and petrol and Non-Replaceable nature of engine filters
Opportunities:
Increasing Demand for Low Emission Engine with Better filters and Growing Aftermarket Services supplementing Engine filters market
Market Leaders and their expansionary development strategies
In September 2023, Aciturri acquired GOAM to boost engine parts business. The acquisition marks a new step forward in Aciturri's internationalisation process and in its objective of increasing Aeroengines' technological and industrial capabilities to serve the main aircraft engine manufacturers such as Safran, Rolls Royce, General Electric or Pratt & Whitney.
In September 2022, Germany’s Gessner launched its three-layer fuel filter media to protect diesel engines of trucks. Modern trucks travel hundreds of kilometres every day and should function reliably. The high-efficient filter element protects the engine properly in extreme environmental conditions. For trucks with high injection pressures, this filter is helpful.
Key Target Audience
Filter Manufacturers, Suppliers, and Distributors, Automotive Equipment Manufacturers, Government Regulatory and Research Organizations, Investment Research Firms / Associations and Others
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.