Air Filter For Automotive Market Highlights

The air filter for automotive market 2022 can achieve a robust CAGR between 2022 and 2030 (appraisal period), asserts Market Research Future (MRFR). We will provide covid-19 impact Analysis with the report. air filter for automotive market is Expected to Grow at a CAGR of 6.20% from 2022 to 2030

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May 2020

In support of frontline healthcare professionals during corona outbreak, MANN+HUMMEL has provided close to 5,000 HEPA filters, which makes use of off-the-shelf components such as a seat fan in a pickup truck, and more.

Air Filter For Automotive Market Top Boosters and Main Challenges

Air filters are mandatory in all types of automotive internal combustion engines for maintaining a steady inflow of clean air within the cylinders. Air is cleaned by these products before passing to the cylinders, thus preventing grit, dust, dirt, and other debris from leading to damage. These benefits boost the demand for air filters in the automotive industry.

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The mounting demand for air filters in the automotive industry on account of strict government regulations pertaining to vehicle emissions can be one of the prime growth boosters in the global market. It is projected that the worldwide automotive industry can witness massive growth in the coming years, thanks to the increasing spending capacity, and the improved living standards across regions. The growth of the automotive industry can have an obvious effect on the air filter for automotive market over the given period. Air filter for automotive can also note further demand because of the soaring concerns with regard to environmental pollution due to smoke from vehicle exhausts.

The existence of a highly-established regulatory structure, especially in developed regions like Europe and North America can induce growth of automotive air filters over the next few years. On the other hand, the persistently thriving automotive industry in the Middle East and Africa and Asia Pacific can most likely promote business growth in the ensuing period.

Air Filter For Automotive Market Leading Competitors

Lading competitors in the air filter for automotive industry include Melkev Machinery Impex (India), Sogefi SpA (Italy), Donaldson Company Inc. (U.S.), C & R Fab Media Private Limited (India), NGK Insulators Ltd (Japan), and more.

Air Filter For Automotive Market COVID-19 Analysis

An impact analysis on COVID-19 by MRFR reveals that there has been a significant drop in vehicle sales in the first few months of 2030, given the shutdowns across countries and the oil price fluctuations. Leading automotive OEMs are adopting several tactics to mitigate the negative impact on their businesses by assessing their dealerships to resume services. The short-term impact of COVID-19 in the automotive sector has led to shutting down of assembly plants in the United States (US), manufacturing interruptions across Europe and ceased export of Chinese components.

However, till the time a COVID-19 breakthrough is not achieved, the automotive industry will remain fortified, owing to the ongoing efforts by leading companies to curb revenue losses by adopting recovery tactics such as mergers and acquisitions and more. However, the pandemic outbreak has led to higher demand for bacteria and virus protection in passenger cars and various other vehicle segments. In addition, OEMs along with tier 1 manufacturers are working on developing products that help sterilize the air inside vehicles, which can mean better growth prospects for the air filer for automotive market in the following years.

Air Filter For Automotive Industry Trends

A popular market trend is the accelerated demand for HEPA or high-efficiency particulate air filters, as these help trap pollutants and abate the symptoms of those with allergies. Another prevalent market trend is the rising demand for multi-filtration system, which helps catch bacteria that are highly toxic for the drivers’ health.

Air Filter For Automotive Market Segmentation

The air filter for automotive market has been considered for type, vehicle type, as well as filter media.

The primary types of air filters that have covered in the market analysis include intake air filter, cabin air filter and others. The market for cabin air filter is witnessing excellent growth as a result of the high production level of vehicles and the efforts being given by manufacturers to bring down the cost of the product. The affordability of cabin air filters has been gained the interest of price-sensitive end-users across the globe, leading to the segment’s dominance in the market.

The vehicle types considered in the market study include heavy commercial vehicles (HCV), light commercial vehicle (LCV), passenger car and others. The growth of HCV air filters has been outstanding in recent years, on account of the technical innovations in the air filtration technology, the increasing need to prevent frequent maintenance issues of engines, and rising sales of legacy vehicles. LCV air filters are also observing consistent growth in the market, with the main reasons considered to be the rising number of initiatives being taken by manufacturers to boost the use of these technologies to curb the toxic effects of air pollution.

Filter media-based segments outlined in the report include cellulose, activated carbon, synthetic, and others. Fast-paced industrialization, rigid environmental regulations combined with the standards implemented by government across regions have accelerated the growth of the activated carbon air filters market.

Air Filter For Automotive Regional Insight

North America, Europe, Asia Pacific and Rest-of-the-World (RoW) are the primary markets for air filter for automotive.

Europe accounts for the highest share in the global market, owing to the consistently growing automobile sector. A rising number of joint ventures and mergers and acquisitions combined with the manufacturers largely focused on upgrading their products helps generate massive revenues in the region.

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