Global Automotive Air Filter Market 2017-2021

Overview of the global automotive air filter market

Technavio's market research analyst predicts the global automotive air filter market to grow steadily at a CAGR of above 4% by 2021. One of the primary drivers for this market is the exponential increase in the emission of greenhouse gases. It has been observed that a majority of premature deaths of people is mainly attributed to the long-term exposure to particulate engine emissions like nitrogen dioxide, carbon monoxide, sulfur dioxide, and hydrocarbons. Consequently, government bodies worldwide have formulated vehicular emission norms for checking the particulate emissions. For instance, the Euro emission standards formulated by the European Union, Corporate Average Fuel Economy (CAFÉ) standards formulated by the US, and the Japanese new long-term emission standards are some of the existing emission standards being implemented. Moreover, the US, European Union countries, and China are focusing on going green by reducing the carbon emissions significantly. This will result in a reduction of carbon emissions, which in turn, will propel growth in the global automotive air filter market during the forecast period.

One of the latest trends gaining traction in this market is the growth in the demand of the multi-filtration system. The multi-filtration system has a larger design, which can intercept pollen, particulates, and active charcoal. This helps in reducing the contaminants that adversely impact the health of drivers. OEMs, such as Volvo, had launched the multi-air filtration system with an aim to eliminate hazardous fine dust particles from entering the car. The filtration system has a sensor, which monitors the noxious substance in the air. If the outside air is not fit for breathing and contains a toxic substance, then the vents attached to the filtration system automatically gets closed and does not allow the toxic air to enter the vehicle cabin. Also, it eliminates pollutants such as NOx, hydrocarbons, and unpleasant odors from entering the vehicle. These advantages of multi-filtration systems are expected to augment growth in the global automotive air filter market in the coming years.

Competitive landscape and key vendors

The global automotive air filter market is highly consolidated due to the presence of few vendors holding majority of the market share. The established vendors in the market are currently increasing their investments in R&D to cater to the growing need for efficient and effective air filters due to the growing air pollution across all regions. This will further intensify the market competition in the coming years.

Leading vendors in the market are ?

• Bosch
• DENSO
• Valeo

Other prominent vendors in the automotive air filter market include Ahlstrom, Cummins, and MAHLE.

Segmentation by application and analysis of the automotive air filter market

• Passenger cars
• LCVs
• M&HCVs

During 2016, the passenger cars segment dominated the automotive air filter market and accounted for a major part of the overall market share. This dominance of the automotive air filters in the global market can be attributed to the high adoption of HVAC compressors in passenger cars. These cars require an additional air filter to clean the polluted air coming into the cabin through the HVAC system. 

Geographical segmentation and analysis of the automotive air filter market

• Americas
• APAC
• EMEA

In this market study, analysts have estimated APAC to dominate the automotive air filter market during the forecast period. The increase in disposable income and the launch of new car models by OEMs are the main drivers for the market. China, India, and Japan are the main markets for the automotive sector in APAC.

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 automotive air filter market?
• What are the key market trends impacting the growth of the global automotive air filter market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive air filter market?
• What are the market opportunities and threats faced by the vendors in the global automotive 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 automotive air filter market?

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

Related reports

• Global HVAC Air Ducts Market 2017-2021 
• Global Electromagnetic Compatibility Filter Market 2016-2020 
• Global Filtered Connectors Market 2016-2020

The continuous growth in urban population and rapid industrialization in developing countries drives the growth of the automotive industry across the globe. With several established vendors competing to gain significant revenue shares, the market players have started integrating their vehicles wth advanced systems like night vision systems, rear-seat infotainment, wireless charging systems, and airless radial tires to enhance passenger comfort and safety, which will, in turn, help them differentiate their products from their competitors?. By covering the various segments of the automotive industry including automotive manufacturing, automotive electronics, accessories, wheel and tires, and services industry research experts at the global research firm Technavio provide a collection of market research reports that will help businesses in this market space have a competitive edge over other automotive companies. In addition to providing information on the market size, technological advancements, and the most valuable customer segments, Technavio's reports also provide information on all the vendors who have established a significant presence in the various regional and global markets for the automotive industry.

By following a mix of primary and secondary research techniques and using appropriate analytical tools, research analysts at Technavio identify the market's growth prospects across different geographical regions. With an in-depth understanding of the policies introduced by governments and regulatory bodies and the shift in customer preferences, our upcoming market research report on automotive air filters for the forecast period of 2017 to 2021 will help clients understand the constantly changing landscape of the automotive components sector.

According to our market research experts, the rise in production of automobiles owing to the increase in disposable income of people in the developing countries and the growing demand for electric vehicles and the need for replacing air filters at regular intervals that propels the demand from the aftermarket sector, will be major factors driving the demand for automotive air filters in the next few years. To help regional vendors and automotive air filter manufacturers that target niche customer segments enhance their market positions, Technavio also provides customized reports based on the specifications from clients.

The upcoming industry research report for automotive air filter also offers information on the emerging market trends, the growth strategies followed by automotive OEMs and aftermarket vendors, as well as the challenges currently experienced by vendors in the automotive components sector. Additionally, the report also presents insights into the changing competitive landscape and gives clients a realistic picture of the future direction of the automotive industry.