24th September 2019 – North
America Automotive Air Filter Market is expected to reach USD 1.6
billion by 2024. An automotive air filters are the constituent mainly used to
remove impurities and particulate matter from air by improving the service life
of engine components and engines. In an automotive intake system, the air
filter is in front of the throttle body and mass airflow sensor. The North
America Automotive Air Filter Market is estimated to grow at a significant CAGR
of 8.8% over the forecast period as the scope and its applications are rising
enormously across the globe.
Growing automotive industry, growth in
purchasing power of customers, and advancement in emission control system are
documented as major factors of North America Automotive Air Filter Market that
are estimated to enhance the growth in the years to come. However, growing
number of electric vehicles and maintenance and regular replacement of filters
are the factors that may restrain overall market growth in the coming years.
North America Automotive Air Filter Industry is segmented based on product
type, filter media, material types, application, distribution channels, and
region.
Cabin Air Filter and Regular Engine Air
Filter are the product types that could be explored in North America Automotive
Air Filter in the forecast period. Regular engine air filters sector accounted
for the substantial market share of North America Automotive Air Filter in the
forecast period. Intake air filters plays important role in catching unwanted
particles and dust from entering the car engines. Engine air filters are an
essential share of intake systems as they are accountable for providing
particulate-free, filtered air to the engine. However, cabin air filters are
accountable for eliminating contaminants like pollen and other allergens from
air that enters the passenger section.
Get
a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/north-america-automotive-air-filter-market/request-sample
Particle, synthetic, activated carbon,
cellulose, and other filtering media could be explored in North America
Automotive Air Filter in the forecast period. Stainless steel, paper air filter,
mesh, cotton gauze air filter, and foam air filter are the material types that
could be explored in North America Automotive Air Filter in the forecast
period. The market may be categorized based on applications like two wheelers,
passenger car, commercial vehicles that could be explored in the forecast
period. Commercial sector accounted for the substantial market share of North
America Automotive Air Filter and is estimated to lead the overall market in
the coming years. This may be because; average of commercial vehicles is high
in comparison to passenger vehicles and growing popularity of light commercial
vehicles like mini trucks among customers.
Aftermarket and OEM are the distribution
channels that could be explored in North America Automotive Air Filter in the
forecast period. The aftermarket sector accounted for the substantial market
share of North America Automotive Air Filter and is estimated to lead the
overall market in the coming years. In addition, the sector is estimated to
grow at highest CAGR of over 9.2% in the coming years.
Globally, the United States and Canada
are the major consumers of North America Automotive Air Filter in the region.
The United States accounted for the substantial market share of North America
Automotive Air Filter and is estimated to lead the overall market in the coming
years. Also, the sector is estimated to grow at significant CAGR in the years
to come. The reason behind the overall market growth could be strict government
policy regarding the emission control and high demand for fuel-efficient
vehicles.
Instead, Canada is also estimated to
have a positive influence on the future growth. Canada is the second largest
region with significant market share. The Canadian market is led by commercial
vehicle sector and presence of key manufacturers. The key players of North
America Automotive Air Filter Market are Siam Filter Products Ltd., SogefiSpA,
ALCO Filters Ltd., MAHLE GmbH, Luman Automotive Systems Pvt. Ltd., A.L. Filter,
FiltrakBrandT GmbH, Robert Bosch, and Donaldson Company, Inc. These players are
concentrating on inorganic growth to sustain themselves amongst fierce
competition. As companies all over the world have to believe that alliance with
a market would permit them proportional market existence and authority to
declare the leadership position.
For
More Information, Visit @ https://www.millioninsights.com
No comments:
Post a Comment