Loading in 2 Seconds...
Loading in 2 Seconds...
According to a new market research report published by Credence Research “Automotive\nFilters Market (Filter Type – Air Filter, Oil Filter and Fuel Filter; Vehicle Class – Two wheelers,\nPassenger Cars and Commercial Vehicles (LCV, HCV & Offroad); Sales Channel – Original\nEquipment Manufacturers (OEMs) and Aftermarket Sales) – Growth, Future Prospects and\nCompetitive Analysis, 2017 - 2025
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
“Automotive Filters Market- Growth, Share, Opportunities, Competitive
Analysis, and Forecast 2016 – 2023”
According to a new market research report published by Credence Research “Automotive
Filters Market (Filter Type – Air Filter, Oil Filter and Fuel Filter; Vehicle Class – Two wheelers,
Passenger Cars and Commercial Vehicles (LCV, HCV & Offroad); Sales Channel – Original
Equipment Manufacturers (OEMs) and Aftermarket Sales) – Growth, Future Prospects and
Competitive Analysis, 2017 - 2025”, the global automotive filters market is set to expand with
a CAGR of 6.7% through the forecast period of 2017 to 2025.
Browse the full report at http://www.credenceresearch.com/report/automotive-
Automotive filters are responsible for efficient functioning of various automotive modules
including engine, suspension, transmission, HVAC and several others. These are primarily used
for filtering air (entering engine as well as vehicle cabin), engine oil and fuel. Due to growing
need for more efficient and environment friendly vehicles, automotive filters have gained
immense significance over the period of time. The overall automotive filters market is highly
driven by the consistently rising automotive production across the world. Despite the
automotive industry slowdown, the Asia Pacific region has managed to maintain its growth
pace, in terms of automotive production and consumption. Subsequently, continued
anticipated growth in the overall automotive sector is estimated to generate steady demand
for automotive filters in the following years.
Another major factor fueling the market growth is tightening environment regulations on
vehicle emissions. Increasing concerns regarding air pollution would escalate the demand for
more efficient automotive filters in the following years. However, one of the major concerns
for the automotive filters industry is the steadily rising popularity of electric vehicles. Growing
penetration of electric vehicle eliminates the need for automotive filters and hence poses
significant threat. Nevertheless, the impact is projected to remain minimal due to relatively
slow pace of electric vehicles adoption across different regions.
The overall automotive filters market is segmented on the basis of filter type, vehicle class and
end-user. Based on the filter types, the market is further classified into air filters, oil filters
and fuel filters. The air filters segment is further categorized into engine air filter and cabin air
filter. Currently, the market is dominated by the air filters segment. On the basis of vehicle
class, the market is segmented into two wheelers, passenger cars and commercial vehicles. As
of 2016, the market is led by the passenger cars segment, contributing to more than forty
percent of the total market revenue. Further, the automotive filters market is categorized, on
the basis of end-users, into OEMs and aftermarket sales.
Browse the full Automotive Filters Market - Growth, Future Prospects and Competitive Analysis, 2017 –
2025 report at http://www.credenceresearch.com/report/automotive-filters-market
Credence Research is a worldwide market research and counseling firm that serves driving organizations,
governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with
making enduring enhancements to their execution and understand their most imperative objectives. Over almost
a century, we've manufactured a firm extraordinarily prepared for this task.
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US