Air Filter Market To Witness Enhanced Growth Owing To Increasing Demand For Cabin Comfort Systems Till 2022 | Million Insights

October 26 11:30 2018

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According to new report available with Million Insights, The factors that propel the growth of the market include rising automobile production, strict emission norms, rising health concerns, and increasing demand for cabin comfort systems. On the other hand, there are factors that may hamper the growth of the market including reluctance to replace air filters and long service intervals affecting aftermarket.

Global Air filter market is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Air filter helps in reducing air pollution. In addition, it helps in passing organic air to engine for effective performance helping in a good mileage. As such, air filter lets uncontaminated & clean air enter the engine. Air filters also remove unpleasant odor and eliminate harmful exhaust fumes.

The factors that propel the growth of the market include rising automobile production, strict emission norms, rising health concerns, and increasing demand for cabin comfort systems. On the other hand, there are factors that may hamper the growth of the market including reluctance to replace air filters and long service intervals affecting aftermarket.

Full Research Report On Air Filter Market Analysis available at: https://www.millioninsights.com/industry-reports/air-filter-market-forecast

The market may be explored by product type, application, end users and geography. The market may be explored by product type as Cabin, and Intake. The “Cabin Filter” segment led the Air Filter Market in 2015 and is anticipated to maintain its dominance over the forecast period.

The key applications that could be explored in the Air Filter Market include two wheelers, Light and heavy commercial vehicle, and Passenger car. The “Passenger cars” segment led the Air Filter Market in 2015 and is anticipated to maintain its dominance over the forecast period. The factors that could be attributed to the growth include increasing trade activities of materials and goods via road transportation and rising mid-size cars growth mainly in developing markets of India and China.

The Air Filter Market could be explored based on end user as Aftermarket and OEM. The “Aftermarket” segment led the Air Filter Market in 2015 and is anticipated to maintain its dominance over the forecast period. The factors that could be attributed to the growth include strict regulations and increasing environmental consciousness among consumers concerning automotive pollution are anticipated to benefit the aftermarket for air filters.

Asia-Pacific accounted for the major share of the Air Filter Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include rising automobile production in China, India, Indonesia and Thailand, and surge in demand for two-wheelers. Asia-Pacific is followed by North American region.

Some of the key players that fuel the growth of the Air Filter Market comprise Affinia Group Inc., Ac Delco Inc., Hollingsworth & Vose Co. Inc., Denso Corporation, Roki Co. Ltd, Mann Hummel, Donaldson Company Inc., Robert Bosch GmbH, K&N Engineering Inc., Ahlstrom Corporation, Neenah Paper Inc., SogefiS.p.A, Clarcor Inc., Freudenberg & Co. Kg, Parker Hannifin Corp., Lydall Inc., Cummins Inc., Valeo S.A., Toyota Boshoku Corporation, Mahle GmbH, and Hengst GMBH & Co. Kg. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

The market is divided into the following segments based on geography:

• Americas

• APAC

• EMEA

Global Air Filter Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Camfil

• Cummins

• DAIKIN INDUSTRIES

• Donaldson Company

• MANN+HUMMEL

• PARKER HANNIFIN

• Market driver

• Growth in automotive sector

• For a full, detailed list, view our report

Related Reports of This Category Available at Million Insights: https://www.millioninsights.com/industry/machinery-and-machine-parts

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