AC Filters LV Cabin Market Anticipated to Reach great heights by 2025 AC Filters Market Anticipated to Reach great hight
Global Market Study on Light Vehicle (LV) Cabin AC
Filters: Particle Filter and Very High Efficiency Filter
Segments Projected to Account for Significant Market
Share During 2016 – 2024
Cabin AC filter is a component that prevents the entry of dust, airborne pollen and other allergic
materials, which result in an unpleasant environment and can cause harm to people. It maintains the
quality of air inside the cabin of a vehicle. Cabin AC filters are divided into four types based on the
filtration media and purposes. A basic and common type of filter is particle type that comprises fine
mesh to trap large particles. Combined type of cabin AC filter has a layer of fine activated charcoal to
neutralize bad odor and improve air quality. The third type of filter is anti-allergen filters, wherein filter
media is provided with certain type of surface treatment, which has anti-allergenic properties. Fourth
type is the high efficiency cabin filter having efficiency over 92.5% and can trap particles of smaller
size.
The global LV cabin AC filters market was estimated to be valued at over US$ 3,000 Mn by 2016 end
and is expected to reach a market valuation in excess of US$ 4,500 Mn by the end of 2024, expanding
at a CAGR of 5.1% over the forecast period. The global LV cabin AC filters market is anticipated to
represent incremental opportunity of US$ 1,523.5 Mn between 2016 and 2024. In terms of volume,
the global LV cabin AC filters market was estimated to reach 372,274 (‘000) units by 2016 end and is
anticipated to increase to 549,545 (‘000) units by 2024, exhibiting a CAGR of 5.0% over the forecast
period.
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Steady rise in vehicle production around the globe, rising adoption of cabin AC filter to filter out
pollutant, dust, soot, bacteria and other particles will drive the global demand for cabin AC filters during
the forecast period. The cabin AC filter is an essential part of HVAC systems and its operational
efficiency is mainly dependent on the cabin filters; thus growing demand for effective HVAC systems
will help drive the global LV cabin AC filters market. However, lack of awareness about cabin AC filter
and its replacement cycle may hinder the revenue growth of the global LV cabin AC filters market
during the forecast period. Integration and customization of LV cabin AC filters is one of the prominent
trends likely to emerge in the global LV cabin AC filters market. Leading players of cabin AC filters