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The automotive fuel filter market size is estimated to increase by USD 673.69 million between 2022 and 2027. The market size is forecast to grow at a CAGR of 4.67%. The growth of the market hinges on multiple factors, including the growing demand for fuel-efficient and low-emission vehicles, the increasing adoption of GDI engines in cars, and the stringent regulations in the automotive industry. China, US, Japan, Germany and India are the top five countries contributing to the market growth. China held the largest market share in 2021 projecting an annual revenue of USD 428.31 million.
Alcofilters offers automotive fuel filter such as SP 1497, SP 1498, and MD 3101. Besides analyzing the current market scenario, our report examines historic data from 2017 to 2021.
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This market report extensively covers market segmentation by fuel type (gasoline and diesel), vehicle type (passenger cars and commercial vehicle), and geography (APAC, Europe, North America, South America, and Middle East and Africa).
The gasoline segment is estimated to witness significant growth during the forecast period. The gasoline segment by fuel type dominated the global market in 2022. It is expected to remain the dominant segment during the forecast period due to the growing demand for light-duty vehicles and the increasing adoption of gasoline direct injection (GDI) engines in cars. In fact, the majority of new light-duty vehicles are equipped with a conventional gasoline-powered engine in 2021 as per the International Energy Agency.
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The gasoline segment was the largest segment and was valued at USD 1,567.20 million in 2017. Moreover, there is a rising demand for more fuel-efficient vehicles due to increasing fuel costs. According to the US Environmental Protection Agency (EPA) reducing vehicle weight by 10% would increase fuel economy by 5%-7%. The trend towards alternatives that are sustainable and environmentally friendly will drive the demand for fuel-efficient and low-emission vehicles. Hence such factors are predicted to boost the growth of this segment of the market during the forecast period.
Based on vehicle type, the passenger car segment holds the largest market share. This can be attributed to the increasing disposable income of individuals belonging to the middle class. As per the data provided by the Organisation Internationale des Constructeurs dAutomobiles (OICA), the total number of passenger cars manufactured worldwide in 2022 was 61, 598,650. Furthermore, APAC is the highest contributor to global passenger car sales and production. The passenger car segment is dominated by key APAC countries like India, China, and Indonesia. Thus, increasing production and sales of passenger vehicles across the globe is boosting the demand during the forecast period.
APAC is estimated to contribute 45% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The APAC region is the dominant market due to increasing population and urbanization levels which are resulting in higher adoption of automobiles. This is especially observed in countries like China, India, and South Korea. China is the largest revenue-generating country in the market, with it producing 3,184,532 in 2022. Moreover, the rising number of new automotive OEMs is boosting the growth of the automobile market and in turn the market. For instance, in November 2019, Hyundai Motor Co. announced an investment of USD 1.55 billion in Indonesia's auto manufacturing plant until 2030. However, factors like increasing acceptance of electric and hybrid vehicles, and voluntary phaseout plans of diesel-powered vehicles by automobile manufacturers will limit the growth of the regional market during the forecast period.
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The growing demand for fuel-efficient and low-emission vehicles is driving market growth. Emissions released by vehicles have harmful effects on the environment and human life and are a concern for several people around the world. Along with factors such as fluctuations in global oil and gas prices, it has resulted in a growth in demand for low-emission vehicles that are more fuel efficient.
Moreover, other factors such as increasingly stringent emission and environmental standards regulations by governments and dynamic changes in automotive fuel policies are also boosting the demand for low emissions and fuel-efficient cars. There is a consensus among both consumers and governments to shift toward the adoption of these vehicles, which will also boost the growth of the global market during the forecast period.
Innovative designs in fuel filters for easier replacement are a key trend in the market. The filters are used to filter dirt particles and other contaminants from the fuel. If such contaminants reach the combustion fuel, the sensitive diesel engine fuel system can get damaged due to the presence of dirt. Hence, there are two types of diesel products. The primary one helps to clean the filter prior to the fuel reaching the fuel transfer pump, while the secondary device cleans it before reaching the fuel injector.
Moreover, there are tools required for the replacement of the device, which must be done regularly to ensure the long life spans of diesel engines and their fuel systems. For easy, quick, and clean replacement, MANN+HUMMEL GmbH (MANN+HUMMEL), offers the WAVELOCK spin-on filter for off-road vehicles. It consists of a bayonet lock which is used to support the joining of the filter head to the spin-on filter. For replacement, it can be removed manually by a simple rotational movement. Hence such innovations are expected to contribute to the growth of the market during the forecast period.
The increasing electrification of vehicles is challenging market growth. To address critical issues such as pollution and passenger safety, there is an increasing pattern of collaboration between governments and automotive manufacturers. The governments in countries such as France and the UK have announced that they will ban the sale of diesel vehicles in their countries beginning in 2040. The UK government declared it will ban the sale of all petrol and gasoline cars from 2030.
Moreover, governments are also providing incentives such as tax credits to increase the sales of EVs. For instance, in the US, EV buyers receive federal tax credits of up to USD 7,500 on the first 200,000 vehicle owners for each EV manufacturer. This has resulted in increased sales of EVs, with 295,000 EVs sold in the US in 2020. This will impact gasoline and other ICE-operated vehicles, which predominantly use the filters, and will hamper the future prospects of the market during the forecast period. Hence such factors will hinder market growth during the forecast period.
Companies are implementing various strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.
A. Kayser Automotive Systems GmbH - The company offers automotive fuel filters such as filters with OBD interface, Carbon canisters, and FTIV.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
A. Kayser Automotive Systems GmbH, Ahlstrom Munksjo, AL Group Ltd., ALCO Filters Ltd., Cummins Inc., DENSO Corp., Donaldson Co. Inc., FILTRAK BRANDT GmbH, First Brands Group, Freudenberg and Co. KG, Hengst SE, K and N Engineering Inc., MAHLE GmbH, MANN HUMMEL International GmbH and Co. KG, Parker Hannifin Corp., Robert Bosch GmbH, Sogefi Spa, Toyota Boshoku Corp., UFI filters SPA, and Wix filters
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The Market is experiencing significant growth due to increasing concerns regarding emissions standards and the need for cleaner and fuel-efficient engines. With global emission regulations becoming more stringent, vehicle manufacturers are focusing on emission curtailment through the implementation of high-efficiency device. This trend extends to both conventional internal combustion engines and electric vehicles (EVs), where electric vehicle filtration systems are gaining importance. The market is witnessing a shift towards electric propulsion, driven by the demand for fuel efficiency and cleaner technologies. Developing nations are also adopting cost-efficient filtration solutions to meet emissions standards while maintaining affordability. As the fleet of vehicles continues to grow, the market is poised for further expansion, catering to the evolving needs of the automotive industry.
Automotive Fuel Filter Market Scope |
|
Report Coverage |
Details |
Page number |
158 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.67% |
Market growth 2023-2027 |
USD 673.69 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
4.57 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 45% |
Key countries |
US, China, Japan, India, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
A. Kayser Automotive Systems GmbH, Ahlstrom Munksjo, AL Group Ltd., ALCO Filters Ltd., Cummins Inc., DENSO Corp., Donaldson Co. Inc., FILTRAK BRANDT GmbH, First Brands Group, Freudenberg and Co. KG, Hengst SE, K and N Engineering Inc., MAHLE GmbH, MANN HUMMEL International GmbH and Co. KG, Parker Hannifin Corp., Robert Bosch GmbH, Sogefi Spa, Toyota Boshoku Corp., UFI filters SPA, and Wix filters |
Market dynamics |
Parent market analysis, Market forecasting, market growth and trends, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our market research report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Fuel Type
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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