Global Commercial Vehicle Air Filter Market 2017-2021

Overview of the global commercial vehicle air filter market

Market research analysts at Technavio predict that the commercial vehicle air filter market will witness an impressive sales of more than 46 million units by 2021. The increasing dependence on road transport for freight movement is identified as one of the primary growth factors for this market. Developing countries such as India and China have an increased preference for road transportation that subsequently raises the usage of heavy, medium and light-duty vehicles. For instance, China is known for witnessing huge traffic jams on their National Highway G110 and Beijing-Tibet expressway due to large heavy-duty trucks transporting goods like coal from Mongolia to Beijing. The road transport is one of the most preferred options for transporting cargo due to the limited availability of freight rail services within the country. Similarly, road transportation is the widely-chosen option for container transport in India. Factors such as the high railway freight, poor last-mile connectivity, and lack of availability of freight trains increases the preference for road transport in India. This rise in road transport activities boost the usage of heavy, medium, and light duty vehicles and this in turn, propels the demand for commercial vehicle air filters.

The rising demand for multi-filtration systems is one of the latest trends that will contribute to the growth of the commercial vehicle air filter market. The dust particles with a size less than 10 µm can lead to serious health problems including lung infections and breathing difficulties. The multi-filtration system can even intercept dust particles of size lesser than 4 µm and eliminate pollutants such as NOx, hydrocarbons, and unpleasant odors from entering the vehicle cabin. Volvo recently introduced an innovative multi-air filtration system with an aim to eliminate hazardous fine dust particles from entering the cabin. This filtration system consists of a sensor which monitors the noxious substance in the air. If the quality of outside air is not suited for breathing and contains toxic substances, the vents attached to the filtration system automatically closes and does not allow the toxic air to enter the vehicle’s cabin. 

Competitive landscape and key vendors

The commercial vehicle air filter market comprises of well-known and established players. The players in the market are leveraging their technical expertise and knowledge to expand the functionality and capabilities of performance enhancing systems. The competitive environment in this market is likely to intensify with the rising sales of commercial vehicles.

The leading vendors in the market are -

• DENSO
• Cummins
• MANN+HUMMEL
• K&N Engineering
• Bosch

The other prominent vendors in the market are ACDelco, Ahlstrom, ALCO Filters, Baldwin Filters, Donaldson Company, Freudenberg Filtration Technologies, Hastings Premium Filters, Hengst , Luber-Finer, Lyndall, MAHLE, Scania, and Sogefi Group.

Segmentation by stakeholders and analysis of the commercial vehicle air filter market

• Aftermarket
• OEMs

During 2016, the OEMs segment accounted for the major shares of the commercial vehicle air filter market. The rise in the production of commercial vehicles and the dynamics of its market sales will contribute to the growth of this market segment in the coming years.

Geographical segmentation and analysis of the commercial vehicle air filter market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market throughout the forecast period. Factors such as the increased adoption and the rising demand for LCVs in the region will drive the growth of the market. Moreover, the growth of the construction industry that will increase the demand for HCVs, will also drive the growth of the market in the Americas.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global commercial vehicle air filter market?
• What are the key market trends impacting the growth of the global commercial vehicle air filter market?
• What are the challenges to market growth?
• Who are the key vendors in the global commercial vehicle air filter market?
• What are the market opportunities and threats faced by the vendors in the global commercial vehicle air filter market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global commercial vehicle air filter market?

Technavio also offers customization on reports based on specific client requirement.

To power a vehicle fuel has to burn with the help of air, but the air available in the environment is full of impurities as dirt, dust, and other particles. These impurities, in the long run, deteriorate the service life of engine and engine components, making it an indispensable part to give better horsepower and fuel economy. In order to provide the client with updated information on the automotive industries market, Technavio has a wide collection of research reports on similar markets such as automotive manufacturing, powertrain, and wheels and tires sectors. With the view of giving clients necessary inputs for making critical business decisions, the upcoming research report on the global commercial vehicle air filter market gathers intelligence data on market size, geographic markets, and market trends.

By considering a combination of qualitative and quantitative research methodologies and covering demand patterns across geographic regions, research analysts at Technavio predicts the growth prospects of the market to help the client with their expansion decisions. The upcoming research report on the global commercial vehicle air filter market also considers the growth of similar markets such as global automotive washer pumps market and global automotive start-stop system market, which are expected to grow at a CAGR of 2% and 21%, respectively, for the forecast period of 2017 to 2021. Due to a large amount of pollutants and impurities in the air, a regular air filter may not be able to clear out all impurities, which, in turn, will affect the engine life and performance. In order to gain improved performance, commercial vehicle manufacturers are considering multi-filtration systems with larger designs which can filter out pollens, particulates, and active charcoal with the help of multiple sensors.

The upcoming report on the commercial vehicle air filter market studies other factors which affect the market such as consumer behavior, demand-supply shifts, technological advancements, and opportunities and challenges faced by the industry. The report also covers related markets such as automotive electronics and automotive services sectors.