Global Automotive Filter Market

Global Automotive Filter Market Size, Share, Growth Analysis, By Filter type(Fuel filter engine filter (oil, air)), By Vehicle type (Passenger vehicle, and commercial vehicle), By Distribution channel(OEM, and aftermarket) - Industry Forecast 2024-2031

Report ID: SQMIG25A2056 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 90 | Figures: 76

Global Automotive Filter Market News

  • In November 2022, Samsung launched AX32, AX46 air purifiers in India and will be available on company's online shop, Samsung stores and select retail outlets.
  • In October 2022, Audi, a German automotive manufacturer launched Urban Purifier for electric cars.
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Automotive Filter Market size was valued at USD 10.75 billion in 2019 and is poised to grow from USD 11.1 billion in 2023 to USD 14.4 billion by 2031, growing at a CAGR of 3.3% in the forecast period (2024-2031).

Global automotive filter market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'MAHLE GmbH', 'Sogefi', ' Mann+Hummel Group   ', ' Donaldson Company, Inc.   ', ' Parker Hannifin Corporation   ', ' Denso Corporation   ', ' Cummins Inc.   ', ' K&N Engineering, Inc.   ', ' Robert Bosch GmbH   ', ' Champion Laboratories, Inc.   ', ' Freudenberg Filtration Technologies SE & Co. KG   ', ' WIX Filters   ', ' UFI Filters Spa   ', ' ALCO Filters Ltd.   ', ' Hengst SE & Co. KG   ', ' Kuryakyn Holdings, LLC   ', ' MANN+HUMMEL Purolator Filters LLC   ', ' Fleetguard Filters Pvt. Ltd.   ', ' AC Delco   ', ' Sakura Filter Industries Co., Ltd. '

Increasing environmental pollution and global warming concerns have compelled the government to enact specific regulations and emission standards for the automotive industry. One of the driving factors of the automotive filter market growth is the emission regulations and standards. As a result, consumers' preferences are shifting toward diesel engines that promote fuel efficiency. Furthermore, automotive filters help reduce fuel consumption and improve engine performance. The desire of consumers to save fuel costs by using less fuel is propelling the automotive filter market forward.

Major developments are bringing a significant impact on industry dynamics which include engine air filter tight space systems in commercial vehicle filters and the advancement of multi-filtration systems.

North America held the largest global automotive filter market share in 2021, owing to rising demand for automobiles in countries such as the United States and Canada. Furthermore, rising vehicle manufacturing company investment in the production of automotive vehicles is boosting market growth.

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