Automotive Filters Market Size, Demand, Growth & Forecast 2027

The Automotive Filters market was valued at US$ 3,570.0 million in 2018 and is projected to reach US$ 5,383.8 million by 2027; it is expected to grow at a CAGR of 5.0% from 2019 to 2027.

The Automotive Filters is majorly used to remove the air pollutants, dust particles in order to improve the vehicle performance by reducing fuel consumption and resulting in high power output. These filters support in increasing the air flow and lessen the engine damage, which in turn increases the life span of the vehicle. Also, high gasoline prices are anticipated to shift manufacturer’s emphasis on reduced fuel consumption. All the modern vehicles such as passenger cars, light commercial vehicles, and heavy commercial vehicles are equipped with different filters for the up gradation of power and vehicle efficiency. The automotive filters market comprises of many regional, international, and local players. The regional and local vendors in the market offer cost-effective filters with advanced functionalities and features. Some of the key vendors are also expanding their customer base and are increasingly investing huge amount in R&D activities. Thus, the competitive environment in the market is expected to increase owing to the government regulations and advancements in technology. Fuel efficiencies of the automobiles, and vehicular emissions have remained as a huge topic of concern for the automotive industry since decades, and therefore huge emphasis have been laid in these areas. Automotive filters are those components that enhance the fuel consumptions and also help in mitigating the vehicular emissions from automobiles. These filters ensure smoother operation of the engines of a vehicle extending the service life of a vehicle by removing the unwanted dust particles that enter the engine during runtime of the automobile. The global automotive filters market is bolstered by emission standards set forth by the regulatory bodies as well as regulations laid by the governments for environmental safety. Although, increasing adoption of EVs may restraint the growth of automotive filters market to certain extent. On the other hand, a surge in demand for vehicles, particularly in emerging countries, is projected to offer lucrative opportunities for the market players.

APAC holds the largest share in the automotive filter market, the deployments of advance technologies such as high quality materials in the filters provide better performance and easy maintenance of vehicles. The major reason for this is presence of huge automotive hub in China. Further, the regulations related to automotive filters integrated with advance technologies in the heavy commercial vehicles will lead to automotive OEMs assuring and integrating these products. As China is the largest automotive hub in the world, the region accounted largest market share in 2018 and is anticipated to exhibit highest growth rate in APAC region from 2020-2027. The new market initiatives and strategic partnerships are expected to continue during the forecast period, contributing towards high growth of automotive filter market in the region. Also, the governments of several economies in the MEA region are focusing on taking initiatives for the development of the automotive sector in their respective countries. Furthermore, in countries such as Morocco, South Africa, and Egypt, vehicle production witnessing a surge, which is anticipated to bolster the growth of the automotive filters market in the region. In the SAM region, Brazil holds a significant market share attributed to a presence of robust automotive manufacturing as well as government support to automotive sector.

Lucrative Regions for Automotive Filters Market

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Market Insights

Increasing sales of premium and luxury car owing to rising disposable income

Globally, the trend of urbanization is growing at an exponential rate, which is leading to the hike in the average disposal income of urban population, allowing them to enhance their lifestyles. The transformed lifestyles are further boosting the demand for passenger cars, thus propelling the manufacturers to uplift the production to be able to optimally cater to customers. The production of vehicles, including passenger cars, has registered steady growth in developed, as well as developing economies, in the post-recession era, i.e., since 2010. Lowered interest rates on loans has also favored the growth of the automobile industry. The year-on-year growth rate of passenger car production has been close to 2% in the past 7–8 years. As per automobile associations, the global vehicular population crossed 1 billion in 2010, which was driven by the aggressive growth rates in India and China in that fiscal year.

Type-Based Market Insights

The automotive filters market, based on type is segmented into fuel filter, engine oil filter, engine air filter, cabin air filter, coolant filter, and steering oil filter. Every car is developed with four main filters namely, the cabin filter, fuel filter, oil filter, and air filter. The major function of all these filters is to allow flows and catch impurities such as, the contaminants and dust in the air, the dirt in the motor oil or the impurities in the fuel. If the car filters are not replaced within the timeframe, they won't operate properly and result in causing an impact on the mechanics, thus, by replacing these filters, the car offers better and efficient performance.

Vehicle Type – Based Market Insights

The automotive filters market, by vehicle type, is segmented into passenger cars, light commercial vehicle, and heavy commercial vehicle. The passenger car segment captured the maximum market share, attributing to the enormous count of passenger car production and the ever-increasing trends of technological up gradation. Also, the quest among the passenger car manufacturers to procure advanced technologies in order to gain customer attraction is harnessing the growth of automotive filter market through passenger car segment. On the other hand, the lightweight commercial vehicle (LCV) segment is expected to witness significant growth rate owing to the rapid integration of robust technologies on these vehicles.

Strategic Insights

Product development is the commonly adopted strategy by companies to expand their product portfolio. A.L. Filter, ACDelco Inc., Denso Corporation, Donaldson Company, Inc., Freudenberg Filtration Technologies SE & Co. KG, among others are the key players implementing strategies to enlarge the customer base and gain significant share in the global Automotive Filters market, which in turn permits them to maintain their brand name. A few of the recent key developments are:

• In 2019, Denso Corp. unveiled its plan to build a new plant in China. This new plant is expected to cover about 100,000 square meters and is expected to contain auto parts manufacturing workshops, warehousing and distribution center, and a monitoring center, to produce auto electronic components upon completion. The company aims to operate this plant in 2021 and reach mass production in 2022..
• In 2019, Freudenberg Filtration Technologies launched activated carbon selection for automotive cabin air filters known as the micronAir gas shield line. This gas line consists of activated carbon combinations that adsorb a wide range of harmful gases and unpleasant odors from the air. The specific models offered by the company are customized for car manufacturer's needs and regional environmental conditions.

Automotive Filters Market Segmentation:

By Type

• Fuel Filter
• Engine Oil Filter
• Engine Air Filter
• Cabin Air Filter
• Coolant Air Filter
• Steering Oil Filter

By Vehicle Type

• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Company Profiles

• A.L. Filter
• ACDelco Inc.
• Denso Corporation
• Donaldson Company, Inc.
• Freudenberg Filtration Technologies SE & Co. KG
• K&N Engineering, Inc.
• MANN+HUMMEL GMBH
• North American Filter Corporation
• Robert Bosch GmbH
• Sogefi SPA