By 2032, it is anticipated that the global automotive air filter market size will be worth US$ 6,680 million, up from an estimated value of US$ 5,321.3 million in 2022. In the automotive air filter market during the forecast period, a CAGR of 2.3% is anticipated.
Regulations limiting greenhouse gas emissions, a rise in the desire for luxury cars with increased passenger comfort, and a rise in auto sales and production have all fueled the expansion of the automotive air filter industry. However, the rise in interest in electric vehicles is limiting the market’s development for automobile air filters. Technological developments and rising demand for multi-filtration systems are projected to offer growth prospects throughout the course of the projection period.
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The ever-expanding automobile sector, particularly the cars market, is driving growth in both the automotive air filter market and, in particular, the cabin filter market. As consumers grow more conscious of the need for air filters to preserve clean air and stop dirt from entering passenger cabins, the market for cabin air filters is booming.
Throughout the projection period, a steady automotive air filter market growth in the North American market is anticipated. The enormous vehicle fleet and high average annual mileage in nations like the United States and Mexico are driving the automotive air filters market in this region. The majority of parking spaces are occupied by passenger cars and light commercial vehicles (LCVs) in North America. Automotive air filter market expansion is likely to be encouraged by strict laws and regulations created by the governments of the United States and Canada to reduce alarming pollution levels.
Key Takeaways:
- A maximum CAGR of 2.1% is projected for the automotive air filter market cabin segment.
- In North America, the automotive air filter market is anticipated to grow to 15% of the global market.
- Europe will control about 24% of the global automotive air filter market by 2022.
- During the forecast period, APAC’s automotive air filter market is anticipated to grow at one of the fastest rates worldwide.
- Sales of electric vehicles are booming in China, and many automakers are still experimenting with this form of transportation.
- One of the most important markets for luxury vehicles in the Asia-Pacific region is Japan.
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Start-up Ecosystem:
- Filters2Go
Air filters for commercial and automotive use are distributed by Filters2Go, a company based in the US. There are filters available for air conditioners, purifiers, pleated, dust, cabins, and activated carbon. Additionally available are HEPA vacuum cleaners and fresh filters.
- Freudenberg Filtration Technologies L.P.
The company Freudenberg Filtration Technologies L.P. produces MicronAir® and Viledon® air filters and filter media for use in a variety of applications, including general HVAC, automotive cabin air systems, paint spray booths, hospitals, pharmaceutical and electronics manufacturing, food, turbine applications, home vacuum cleaners, motor protection, air cleaners, and respiratory protection.
Competitive Landscape:
MANN+HUMMEL, Donaldson Company, Inc., NGK Insulators, Ltd., Sogefi SpA, Nirvana Being, Mahle International GmbH, C & R Fab Media Private Limited, Melkev Machinery Impex, Global Filters, and Simplex Corporation are some of the major players in automotive air filter market.
Freudenberg & Co. KG, Mann + Hummel GmbH, Sogefi SpA, and Donaldson Company Inc. monopolise the automotive air filter market. Through the launch of new facilities and the release of improved air filter models, the companies have been growing their existence.
Additionally, Toyota Boshoku provides cabin air filters for Toyota, particularly in the Japanese market.
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Key Segments Profiled In the Global Automotive Air Filter Market
Automotive Air Filter Market by Type:
- Cabin Automotive Air Filter
- Intake Automotive Air Filter
Automotive Air Filter Market by Filtering Media:
- Synthetic Automotive Air Filter
- Cellulose Automotive Air Filter
- Activated Carbon Automotive Air Filter
- Particle Automotive Air Filter
Automotive Air Filter Market by Region:
- Automotive air filter market in North America
- Automotive air filter market in Latin America
- Automotive air filter market in Europe
- Automotive air filter market in Asia Pacific
- Automotive air filter market in MEA
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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