- 24 April 2019 21:35
The Market In Asia Pacific Is Expected To Account For Highest Share In Terms Of Revenue In The Global Automotive Air Filter Market, Expanding At A CAGR Over 7% From 2017 To 2026.
Automotive air filters are used to filter air before it enters into the combustion chamber of an engine. Filters also maintain a continuity of air flow reaching to an engine. The external particles can damage the engine and its components if they are not filtered. Moreover, a damaged or dirty air filter can hamper engine performance and consume extra fuel. Therefore, timely cleaning or replacement of intake air filters is essential to increase engine life and vehicle performance.
This report of Automotive Air Filter Market is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Global Automotive Air Filter Market Dynamics:
Increasing carbon emissions levels is a major factor expected to attribute towards the growth of global automotive air filter over the forecast period. In addition, to safeguard from increasing air pollution, dangerous exhaust gases, and other contaminants, cabin air filters are vital as they help reducing health risks associated with polluted air or toxic gases, which is expected to fuel growth of the global market the near future.
Analysis by Region:
Increasing infrastructural activities related to adoption of automotive air filter in the transport sector in various countries in the region is a key factor expected to drive growth of the Asia Pacific automotive air filter market. In addition, increasing production of passenger vehicles in emerging economies such as India, China, and Australia, owing to lower production cost is another factor expected to drive growth of air filter market in this region. Two wheelers dominate production volumes in 2016 and this segment accounted for about 78.6% of the total automotive production in the country in this region. Increasing preference towards private transportation among individuals, rising environmental concern, high adoption of cabin air filter in cars and intake air filter in bikes are the major factors expected to fuel growth of the target market in various countries in Asia Pacific region over the forecast period.
Global automotive air filter market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa