Overview of the global motorcycle air filter market
Technavio’s market research report predicts that the global motorcycle air filter market will grow at a CAGR of above 5% during the forecast period. The huge replacement volumes of air filters driving the aftermarkets is one of the primary drivers for market growth. Most of the motorcycles are fitted with paper type air filters that filter the same amount of air as the aftermarket filter, but at a slower pace. The aftermarkets for the air filters are enhanced with potential players and are well-known among the motorcycle enthusiasts due to their improved and efficient air filters. Motorcycle enthusiasts are constantly on the lookout for modification options and performance enhancement options for their bikes. Players such as K&N Engineering and Pipercross are the recognized brands among the enthusiasts for customization. These aftermarket players have a wide product portfolio for motorcycle air filters with unique fitments available for nearly 35 motorcycle OEMs among other standard motorcycle fitments. This will lead to the growth of the aftermarket motorcycle air filters market.
One of the latest trends that will gain traction in the motorcycle air filter market is the rising need for HEPA filtration system. There is a growing requirement for efficient air filtration systems to overcome the increasing air pollution. This in turn, has resulted in the evolution of HEPA filtration systems that are efficient and effective against the particulates as small as 0.3 microns in size. Due to the growing air pollution, the developing countries are switching toward the Euro 6 emission norms. These factors have resulted in the enhanced need for efficient and effective filtration system, since nearly one-third of the urban population is suffering from breathing problems. This will in turn increase the need for HEPA filtration systems.
Competitive analysis and key vendors
The motorcycle air filter market comprises of well-known and established players. Vendors in the motorcycle air filter market are either complete air filter system manufacturers and cleaning kit manufacturers or specify either in cotton, paper, or foam type air filters. The aftermarket motorcycle air filter market competition is likely to grow higher with the rising sales of performance- based, heavy-weight, and sports motorcycles.
Key vendors in the market are:
Other prominent vendors include FILTRAK BRANDT, Guangzhou Jiade special foam, NAPA Filters, Ryco Filters, SIMOTA, and Solat Motorcycle Parts.
Segmentation by key stake holders and analysis of the motorcycle air filter market
During 2016, the OEMs dominated the key stake holders segment of the motorcycle air filter market and is expected to continue its dominance over the next four years. The rising sales of motorcycles and the increase in the production of motorcycles, will be the major factors that will contribute to the growth of the market in this segment.
Geographical segmentation and analysis of the motorcycle air filter market
In terms of geography, APAC accounted for the major shares of the motorcycle air filter market during 2016 and is foreseen to continue its market dominance during the forecast period as well. Factors such as the growing population, the rising disposable income, and the increasing population of high-net-worth individuals, will drive the market’s growth in this region.
Key questions answered in the report include
What will the market size and the growth rate be in 2021?
What are the key factors drivingthe global motorcycle air filter market?
What are the key market trends impacting the growth of the global motorcycle air filter market?
What are the challenges to market growth?
Who are the key vendors in the global motorcycle air filter market?
What are the market opportunities and threats faced by the vendors in the global motorcycle 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 motorcycle air filter market?
Technavio also offers customization on reports based on specific client requirement.
A motorcycle air filter consists of a layer or multiple layers of filtrates that filters the air of particulate matters and other pollutants at various levels. These air filters are located right at the entry point of the air intake in the combustion chamber. Technavio’s industry reports for the automotive industry cover a range of product markets like automotive components, automotive electronics, and automotive manufacturing. In addition to providing information on a variety of parameters including the shift in customer behavior and several aspects that are driving the market’s growth, Technavio’s reports also include a detailed list of all the prominent vendors, their entire range of products and services, and the competitive analysis for the automotive industry.
By pursuing a combination of primary and secondary data research and considering many factors such as the growing demand for various products across different geographical regions, industry research analysts at Technavio accurately predict the automotive industry’s growth outlook. This upcoming report on the global motorcycle air filter market for the forecast period of 2017 to 2021 projects valuable insights derived from data collected from reliable sources of intelligence like channel partners, stakeholders, manufacturers, and various regulatory bodies.
The upcoming report on the global motorcycle air filter market also considers the growth of similar markets such as two-wheeler catalytic converter and motorcycle instrument cluster, which are expected to grow at a CAGR of about 6% and close to 7% respectively, for the forecast period of 2017 to 2021. According to our industry experts, increased horsepower and acceleration due to high-performance aftermarket filters are facilitating the growth of the automotive components market in the coming years.
This upcoming industry research report for the global motorcycle air filter market identifies the prominent market drivers and major trends coupled with the challenges currently experienced by vendors in the automotive components sector. Moreover, it also offers insights into the automotive services and auto accessories market.