Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 5,368.90 Million | USD 6,416.30 Million | CAGR at 2.00% | 2023 |
According to the report published by Zion Market Research, the global Engine Air Filter Market size was valued at USD 5,368.90 Million in 2023 and is predicted to reach USD 6,416.30 Million by the end of 2032. The market is expected to grow with a CAGR of 2.00% during the forecast period. The report analyzes the global Engine Air Filter Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Engine Air Filter Market industry.
Air filter are the equipments that help to better the mileage and horsepower of the vehicle. Air filters smoothens and maintains the airflow into the engine and emissions. It enables precise ignition of fuel. It is one of the most crucial equipment in the automobile mechanism and also a helpful component to control the emission levels.
The global engine air filter market is comprehensively bifurcated based on type of vehicle, filter type, filter-make types, and sales channel.
The types of filter, it is segmented as gauze filter, paper/cellulose filter, synthetic oil filter, stainless steel mesh filter, gauze filter, and foam filter.
Based on filter-make type, it is segmented as cabin air filter and intake air filter.
Based on the vehicle types, it can be differentiated into premium vehicle, commercial vehicle, compact vehicle, heavy mid-sized vehicle, and luxury vehicle.
Based on the sales channel, the original equipment manufacturers are the one who decide how and where it has to be distributed as per the demand.
The boost to the vehicle sales owing to introduction of latest models by multiple auto manufacturers is boosting the growth of the of air filters market. People looking to enhance their standard of living and reduced rate of interest by financial institutions are some important drivers responsible for the growing number of vehicles on road. The air filters of vehicles are required to change in regular intervals for best performance.
Thus demand ratio of the air filters is always high due to maintenance requirement. Air filter are installed in every automotive that produce energy by burning petrol, diesel, or natural gas, this includes every type of vehicle such as two wheeler, three wheeler, four wheeler, and other heavy and commercial vehicles. Moreover, growing awareness among the people regarding the hazards of the emission has also increased the growth of automotive air filter market. Government introducing several emission related regulation is one of the prime factor responsible for the growth of the engine air filter market.
Report Attributes | Report Details |
---|---|
Report Name | Engine Air Filter Market Research Report |
Market Size in 2023 | USD 5,368.90 Million |
Market Forecast in 2032 | USD 6,416.30 Million |
Growth Rate | CAGR of 2.00% |
Number of Pages | 196 |
Key Companies Covered | K&N Engineering, Cummins, Mahle Behr, Donaldson Filtration Solutions, MANN+HUMMEL. While other vendors comprise Denso Corp, UFI Filters Spa, Sogefi SpA, Mahle International GmbH, Donaldson Co. Inc, Clair Filter Systems, Freudenberg Filtration Technologies, and Elofic Industries. |
Segments Covered | By Type of vehicle, By Filter type, By Filter-make types, By sales channel and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific is believed to be dominating region among all the regions, and ranking is established owing to the contribution of top emerging nations of Asia such as China, Japan, and India. The key reason for responsible for the Asia Pacific region turning out to be a hub for auto component manufacturing is foreign investor setting up their facility due to cheap labor and favorable government norms.
Some of prominent players dominating the global engine air filter market include:
By Type of vehicle
By Filter type
By Filter-make types
By sales channel
Engine Air Filter Market: Regional Segment Analysis
What Reports Provides
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed