Automotive Filters market is expected to reach $27.09 billion by 2025 at a CAGR of 2.8% during the forecast period 2020-2025. The automotive filters are designed and developed to prevent the entry of dirt particles such as bacteria, exhaust fumes, pollens, and others into the engine and carburetor. The use of these filters further minimizes the air pollutants that are emitted by the vehicles, thus extending the service life of the vehicle, and reducing the maintenance cost. The government and emission bodies around the world have imposed stringent emission laws for vehicles that emit hazardous gases such as nitrogen oxide (NOx), hydrocarbons (HC), carbon monoxide (CO), and others. For instance, the Environmental Protection Agency (EPA) in the U.S. has amended standards such as fuel economy standards for LCVs and national program for greenhouse gas emissions for light-duty vehicles. Hence these kind of regulations are analyzed to drive the market in the forecast period 2020-2025.
Key Takeaways
- North America dominates the global automotive filter market with more than 34.5%, owing to the growing adoption of automotive vehicles and increased investments for vehicle production by major OEMs such as Ford and General Motors and so on in the countries such as the U.S, Canada and Mexico are driving the market growth in this region.
- Cabin Filter is growing at a CAGR of 4.8% in the forecast period. This filters helps in maintaining a steady inflow of better quality air in the vehicle cabin in order to provide cleaner air to passengers.
- Stringent regulations made by governments of several countries have been driving the market for Automotive Filters in the forecast period 2020-2025.
- Automotive Filters top 10 companies include K&N Engineering, Donaldson Company Inc., Cummins Inc., Sogefi Group, Mahle GmbH, Robert Bosch GmbH, Ahlstrom Corporation, ACDelco Inc., Denso Corporation, Valeo SA , among others.
By EV Vehicle Type - Segment Analysis
BEV Filter is growing at a highest CAGR of 11.5% in the forecast period. Initially, the shorter driving range was one of the major disadvantages of BEVs. However, with advancements in technology, the driving range of BEVs increased significantly. For instance, including all variations of the Nissan LEAF and Tesla Models, the average battery range is 253 miles. BEV sales are also increasing, which is attributed to government incentives to OEMs for increasing electric vehicles in their fleets. Moreover several companies have been investing heavily for the Production of electric vehicles including battery EVs. In 2018, Ford Motor has committed to increase its investments in electric vehicles to $11 billion by 2022. Similarly, Volkswagen has committed to invest $66.3 billion in the next five years in digitization as well as producing more electric vehicles. Hence increase in the production of Electric or Battery Electric vehicles will provide opportunities for automotive filters in the forecast period 2020-2025.
By Filter Type - Segment Analysis
Cabin Filter is growing at a CAGR of 4.8% in the forecast period. This filter helps in maintaining a steady inflow of better quality air in the vehicle cabin in order to provide cleaner air to passengers. Many leading automotive filter manufacturers are investing in R&D activities to enhance the efficiency of cabin filters to protect drivers from fine dust and harmful viruses. For instance, in April 2020, MANN+HUMMEL, a leading filter manufacturer based in Germany, announced testing the effectiveness of its products to support contamination control with regard to the spread of viruses. Moreover high-quality intake and cabin filters are gaining significant traction in the luxury cars segment as these air filters ensure cleaner air by trapping dust, pollen, and smog among other harmful particles. In addition, increased health awareness of people is expected to further drive the demand for cabin filters in the forecast period 2020-2025.
By Geography - Segment Analysis
North America dominates the global automotive filter market with more than 34.5%, owing to the growing adoption of automotive vehicles and increased investments for vehicle production by major OEMs such as Ford and General Motors and so on in the countries such as the U.S, Canada and Mexico are driving the market growth. In 2019, Ford has committed to invest more than $1.5 billion in U.S to increase the production of vehicles. Similarly, General Motors is investing heavily for the production of vehicles. In addition, the US is home to leading aftermarket suppliers, such as Donaldson, ACDelco, and K&N Engineering for automotive filters in the world. On the other hand the lack of adequate public transport and the wide geographical area of the country have compelled people to travel in their own vehicles. Increased focus on improving fuel efficiency in this region is compelling the manufacturers to make lighter automotive filters. Hence these increased investments for production of vehicles and advancements in Filters are analysed to drive the market in the forecast period 2020-2025.
Drivers – Automotive Filters Market
- Stringent Regulations made by Government towards Emission
Automotive filter prevents the entry of dirt particles such as pollens, exhaust fumes, bacteria, and others into the carburetor and engine. This minimizes the air pollutants emitted by vehicles, reduces the maintenance cost, and extends the service life of the vehicle. The government and emission bodies have laid stringent emission laws for the vehicles, which emit hazardous gases such as hydrocarbons (HC), nitrogen oxide (NOx), carbon monoxide (CO), and others. For instance, the Environmental Protection Agency (EPA) in the U.S. has amended standards such as national program for greenhouse gas emissions (GHG) and fuel economy standards for light-duty vehicles (passenger cars and trucks). Similarly, according to European Union Rules, German cities have committed to ban old diesel vehicles to reduce air pollution. Hence these stringent regulations are analyzed to drive the market for Automotive Filter in the forecast period 2020-2025.
- Advancements in Automotive Filters
Filter media is the core component of a filter. Several advancements in fuel filter media technologies are meeting the demands of this generation engines, which operate in a wide range of environments. For instance, Synteq XP media used in fuel filters combines fine-fiber technology with a resin-free bonding system for optimum contaminant removal and retention. These kind of advancements will drive the market for automotive filters. Moreover, several automotive companies have been investing heavily for the advancements in automotive filters. In 2019, MANN+HUMMEL, developed ultra-fine fiber media with a high separation efficiency, which is expected to increase the service life of filters. In March 2019, Sogefi launched Cabin3Tech+, an innovative cabin air filter. It filters large particles, neutralizes odors and hazardous fumes in the air (as an activated carbon filter), and stops up to 98.8% of fine particles as small as 2.5 microns. In 2020, Tata Motors launches range of car air filters, the newly launched accessories include Air-o-Pure 95 Air Purifier, Air-o-Pure 95 Air Filter. Moreover outbreak of Corona virus several companies have invested heavily for the development of automotive filters to combat the virus. Chinese car company Geely launched its newest compact SUV with an air-filtration system meant to combat the coronavirus. Hence the advancements in automotive filters are analysed to drive the market in the forecast period 2020-2025.
Challenges – Automotive Filters Market
- Increasing installation rate of non-replaceable filters
Although Automotive Filters are analyzed to grow at a rapid rate, increased installation of non-replaceable filters hinder the market growth. These non-replaceable filters are washable and can be used for a longer period. In the future, the filter aftermarket would be impacted by the non-replaceable filters since various filters, such as air and cabin filters, need not be changed in the entire lifespan of the vehicle. Hence increased installation of non-replaceable filters will hinder the market growth in the forecast period 2020-2025.
Market Landscape
Technology launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Automotive Filters market. In 2019, the market of Automotive Filters industry outlook has been fragmented by several companies. Automotive Filters top 10 companies include K&N Engineering, Donaldson Company Inc., Cummins Inc., Sogefi Group, Mahle GmbH, Robert Bosch GmbH, Ahlstrom Corporation, ACDelco Inc., Denso Corporation, Valeo SA , among others among others.
Acquisitions/Technology Launches
- In 2019, In March 2019, Sogefi launched Cabin3Tech+, an innovative cabin air filter. It filters large particles, neutralizes odors and hazardous fumes in the air (as an activated carbon filter), and stops up to 98.8% of fine particles as small as 2.5 microns.
