Automotive Sheet Metal Components Market Research Report and Forecast Automotive Filters Market - Global Industry Analys

Automotive Filters Market - Global Industry
Analysis, Size, Share, Growth, Trends and
Forecast 2017 - 2025
Global Automotive Filters Market: Overview
Filters have become an integral part of automotive engines in the current scenario.
Durability, reliability, and ease in operation of the vehicles are the key factors on
which the quality of these vehicles depends. Automotive filters helps in maintaining
a quality life for a vehicle. It enhances the efficiency as well as help customers
breathe cleaner air. The regulations pertaining to environmental safety and
emission standards set by the regulatory bodies are likely to become tougher during
the forecast period. This in turn will mandate the automobile manufacturers to use
automotive filters in the cars produced, thereby encouraging the growth of the
market during the forecast period.
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filters-market.html
Global Automotive Filters Market: Segmentation
Based on filter type, the global automotive filters market has been segmented into
air filters, fuel filters, hydraulic filters, oil filters, and others. By vehicle type the
global automotive air filters market can be segmented into passenger vehicles,
commercial vehicles, and others. The global automotive filters market, by end-use
industry has been classified into OEMs and aftermarket. The OEM segment leads
the market in terms of revenue. The rising demand for passenger cars across the
world has mandated car manufacturers to use various types of filters in their cars in
order to adhere to various vehicular norms, which subsequently led to the increase
in demand for filters in this segment. Aftermarket segment is expected to grow at a
steady rate during the forecast period 2017- 2025. High replacement rate and low
cost of aftermarket parts are some of the reasons for the high growth of the
segment. Some filters are functionally stronger than OEM filters as well. These
factors are likely to boost the growth of aftermarket end-use segment.
Sterner regulations are likely to shape the automobile market, companies operating
in the global automotive filters market are anticipated to invest heavily on their
research and development to come up with advanced automotive filters. This in
turn will propel the overall market for automotive filters. Moreover, adherence to
these norms is compulsory for the automobile manufacturers. Therefore, the use of
filters in automobiles is likely to increase during the forecast period in order to meet
these regulatory norms.