The automotive air filter market was valued at US$4.962 billion in 2019 and is expected to grow at a CAGR of 7.92% over the forecast period to reach a total market size of US$8.460 billion by 2026.
Automotive Air Filters Market growth is attributed to a rising standard of living, higher consumer spending power, and higher passenger transportation. Additionally, growing concerns about pollution caused by smoke emitted by vehicles are fuelling the growth. One of the key market drivers is the rising demand for automotive products due to government regulations concerning vehicle emissions. This is partly due to the growing automotive sector in BRIC countries, as well as the implementation of strict emission laws and the presence of regulatory authorities like the EPA in the United States. Furthermore, the market for automotive air filters is expected to grow due to the trend of increasing passenger transport in developed countries. Better air quality intake in the engine and the cabin will increase passenger comfort, further propelling the market.
Every automotive internal combustion engine must have a clean air filter attached to keep more air flowing into the cylinders. To prevent dirt, dust, grit, and other debris from damaging the cylinders, these products clean the air before it passes through them. Due to the aforementioned benefits, the automotive air filter market is expected to grow. In developed regions such as North America and Europe, well-established regulatory frameworks are likely to drive demand for automotive air filters, along with the expansion of the automotive industry in regions such as Asia, the Middle East, and Africa.
The main driving force behind the growth of this market is the expanding automotive industry, especially the surging production of passenger cars. Furthermore, car consumers have also realized the importance of air filters in preventing dust from entering their cars, leading to a boom in the market. These factors account for the automotive air filter market's growth. With rising disposable income among consumers across the globe, auto sales have increased and the passenger car segment has grown rapidly.
The most common air filters currently available are made of cellulose media, which is expensive. Various technological advancements in air filters, including synthetic media, are now gaining popularity owing to their improved performance, low sensitivity to moisture, and more efficient airflow. This market is expected to grow due to all these advanced properties of synthetic materials over the forecast period. The demand for automotive air filters is anticipated to rise as more luxury cars are being built, including air filters and intake manifolds designed to improve vehicle efficiency. The need to replace air filters frequently on luxury cars is also expected to foster market growth.
Consumers' growing interest in plug-in/battery electric vehicles is most likely to hamper the growth of the market due to its features including not emitting any pollutants and not requiring fuels such as gasoline and diesel. Additionally, reduced maintenance costs and lower overall expenses may also contribute to the growth of eco-friendly electric vehicles (EVS). As a result, the growing popularity of electric vehicles among consumers is projected to hamper and lower the market size for automotive air filters.
COVID-19 pandemic has had a profound effect on the automotive industry, which has halted production everywhere. In light of the fact that this industry growth is directly related to vehicle production, this situation is expected to affect the market. Automotive air filters will likely be adversely affected by a decline in automobile production. This market is also likely to be affected by the high cost of filters and the fluctuations in raw material prices. The impact of COVID-19 on this market has caused the global manufacture of air filters to halt. As a consequence, the supply chain among automotive manufacturers has been disrupted.
With e-commerce rapidly growing in Asia, it represents a central pillar for the digital single market and reflects the advancements in the e-tailing sector, which is witnessing the expansion of well-organized retail spaces. As the e-commerce industry continues to grow across Asia, the demand for more advanced distribution networks is increasing. As the market continues to expand, the demand for pick-up vans and small trucks is also likely to increase. Additionally, with the enactment of stringent emission and fuel economy norms for commercial vehicles, the automobile manufacturers are focusing on manufacturing hybrid trucks, which, in turn, is expected to boost the demand for air filters.
|Market size value in 2019||US$4.962 billion|
|Market size value in 2026||US$8.460 billion|
|Growth Rate||CAGR of 7.92% from 2019 to 2026|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Type, Vehicles, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||MANN+HUMMEL, Cummins Filtration, MAHLE GmbH, Ahlstrom Corporation, Hengst SE & Co. KG, DENSO, Valeo, Bosch, SOGEFI Group, Roki Co., Ltd.|
|Customization scope||Free report customization with purchase|
Frequently Asked Questions (FAQs)
Q1. What is the size of the global automotive air filter market?
A1. Automotive Air Filter Market was valued at US$4.962 billion in 2019.
Q2. What will be the automotive air filter market size by 2026?
A2. The automotive air filter market is expected to reach a total market size of US$8.460 billion by 2026.
Q3. What are the growth prospects for the automotive air filter market?
A3. The global automotive air filter market is expected to grow at a CAGR of 7.92% during the forecast period.
Q4. What factors are anticipated to drive automotive air filter market growth?
A4. The automotive air filter market growth is attributed to a rising standard of living, higher consumer spending power, and higher passenger transportation.
Q5. How is the global automotive air filter market segmented?
A5. The automotive air filter market has been segmented by type, vehicles, and geography.
Hengst SE & Co. KG
Roki Co., Ltd.
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