Automotive Air Filters Market Revenue to Surpass USD 8 billion by 2024

Automotive Air Filters Market Revenue to Surpass USD 8 billion by 2024


The MarketWatch News Department was not involved in the creation of this content.

Sep 14, 2020 (Market Insight Reports) —
The research report on Automotive Air Filters Market provides a comprehensive understanding of the overall market with substantial details including its position in the global economy and its applications across myriad end-users segments. According to the given report, the Automotive Air Filters Market revenue to cross USD 8 billion by 2024, exhibiting a growth rate of 8% over 2019-2024. Moreover, the study also incorporates information on the current market scenario, developing technologies, widespread competitive landscape, market tactics, future prospects, and vivid market segmentations.

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The report also summarizes various factors that are likely to drive the growth of this industry over the foreseeable period, in line with offering details of the ongoing trends that the given industry is characterized by. As per the given report, the Automotive Air Filters Market is fragmented on the basis of Application, Product, End-Use regions, and competitive landscape.

Intake air filters are forecast to record a CAGR of around 7% over the period of 2018-2024, owing to the consumer demand for prolonged engine life. Automotive air filters application in two-wheeler market is estimated to register a CAGR of around 8.5% over 2018-2024

Based on the geographical landscape, the industry has been diversified into various regions including North America, Latin America, Europe, Asia Pacific, Middle East & Africa. The market study includes minute details on growth driving factors, trending growth opportunities, respective growth rates, technologies being used, favorable and unfavorable regulatory reforms, and individual market shares.

The U.S. market is forecast to grow at a CAGR of around 8% over the forecast period, driven by factors such as high disposable income, rising health concerns, and strict government norms across this region.

The market is highly concentrated and boasts robust presence of myriad companies including Cummins Inc., Lydall, Inc., K&N Engineering Inc., Parker Hannifin Corp., Toyota Boshoku Corporation, Ahlstrom Corporation, and Roki Co. Ltd. The document incorporates details on the sales graph of reach of each of the enlisted firm, their market strategies to sustain their position in the overall market, individual company profiles and market share and size, and their stance in the worldwide industry landscape.

Table of Content:

Chapter 3 Automotive Air Filters Market Trends

3.1 Market segmentation

3.2 Market sizing & future growth prospects, 2013 – 2024

3.3 Automotive Air Filters – Value Chain Analysis

3.3.1 Fiber Manufacturers

3.3.2 Wet-laid nonwovens

3.3.3 Filter media

3.3.4 Filtration system assembly

3.3.5 OEM/aftermarket filter systems

3.4 Automotive air filters industry dynamics

3.4.1 Growth drivers Growth of automotive industry in BRIC nations Favorable emission norms

3.4.2 Industry pitfalls & challenges Growth in electric vehicles industry Volatile raw material prices

3.5 Growth potential analysis, 2017

3.6 Market trends and high performance filter media prospects

3.6.1 Historical evolution

3.6.2 Technological trend

3.6.3 Market dynamics

3.6.4 Market development and key market participants

3.7 Company market share analysis, 2017

3.7.1 Strategic landscape

3.8 Porter’s analysis

3.9 PESTEL analysis

Chapter 4 Automotive Air Filters Market, By Product

4.1 Key product trends

4.2 Intake

4.2.1 Market estimates and forecast, 2013 – 2024 (USD Million)

4.2.2 Market estimates and forecast by region, 2013 – 2024 (USD Million)

4.3 Cabin

4.3.1 Market estimates and forecast, 2013 – 2024 (USD Million)

4.3.2 Market estimates and forecast by region, 2013 – 2024 (USD Million)

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About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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Parikhit B.
Corporate sales,
Graphical Research

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