Automotive oil filter Market Size, Competitive Landscape, Regional Outlook and Driving Factors Analysis 2020
Sep 14, 2020 (AB Digital via COMTEX) —
Automotive oil filter Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Automotive oil filter Market place for the forecast 2020– 2025.
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Scope of The Automotive oil filter Market Report:
The global automotive oil filter market has been expected to show a good opportunity of growth in the market of original equipment as well as the aftermarket because of the limited life of the oil filters.
The automotive oil filter is the filter which is designed for removing contaminants from the transmission oil, engine oil, hydraulic oil and the lubricating oil. The automotive oil filters are extending the life in the engine as they are efficiently removing the dust and dirt particles which harm the internal parts of an engine like the cylinders and pistons. The global automotive oil filter market has been mainly driven by the strict norms of the carbon emission in a lot of regions like North America and Europe has been estimated to be driving the growth of the market of automotive transmission.
The global automotive oil filter market has been segmented into the filter type, vehicle type, fuel type and the user. In terms of the filter type, the market has been expected to be holding the highest share in the market for the period as compared to the other segment of fuel filter which may be reasoned that the oil filter is a critical part in the engine and needs a frequent amount of changing in comparison to the fuel filter.
In terms of the fuel type, gasoline is the segment which holds the largest market share and has been expected to keep its dominance in the period of forecast. Every year, the passenger cars have been produced to be equipped predominantly with the gasoline powertrain. The sub-segment of passenger vehicle is expected to dominate the market in terms of the vehicle type and this is mostly due to the increase in the population specifically across the region of Asia Pacific. The segment is followed by the commercial vehicle segment.
Automotive Oil Filter Manufacturers:
The major players in the global automotive oil filter market across the development as well as company profiles are,
- Affinia Group
- Cummins Inc
- Mhle GmbH
Mann+ Hummel are the market leader as they have an excellent network of distribution and supply in comparison to their players.
Automotive oil filter Market Key Market Segments:
By Filter Type: Fuel Filter (Diesel Filter, Gasoline Filter), Engine Oil Filter, Engine Air Filter, Cabin Air Filter, Steering Filter, Coolant Filter
By Application: Passenger Cars, Commercial Vehicles (LCV, HCV)
By Distribution Channel: OEM, Aftermarket
Rise in environmental awareness driving the global automotive oil filter market
Environmental agencies in the United States have been creating a lot of new standards like the fuel economy standards as well as the greenhouse emissions for the passenger vehicles as well as the light-duty vehicles. In a similar way, the cities in Germany have been entitled to banning the old vehicles as per the rules of the European Union for the reduction of air pollution. These factors have been expected to grow the market overall of the automotive oil filter market. Though the rise in the prices of petrol and diesel and the demand for the electric vehicles has been curtailing the demand in the period of forecast. The global automotive oil filter market has been growing in the last few years and is also expected to grow in the next few years.
Asia Pacific to see maximum growth in the global automotive oil filter market
In terms of the region, the market of Asia Pacific has been gaining the biggest market share and has been projected to gain further market share because of the demand in the countries like Japan, China and India. The region has been dominated by the developing countries where the automotive industry has been growing rapidly. A lot of the factors like the demand growth for the vehicles in developing economies as well as the stringent regulations of governments have been increasing the adoption of personal vehicles for commuting. The APAC region has been followed by the Europe and North America in terms of growth in the global automotive oil filter market.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
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