Lucintel Anticipates the Global Automotive Filters Market to Reach $21.9 Billion by 2019
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The global automotive filters market is expected to reach an estimated value of $21.9 billion by 2019. The major drivers of the automotive filters market are increasing regulations for air emissions from vehicles, revival of automotive production, the growing replacement market, and an increase in miles driven per vehicle. Filters are used for a variety of applications in a vehicle such as internal combustion engine and vehicles passenger’s compartment. Removal of harmful gases and odors related to the incoming air from the cabin to give comfort to the passengers is driving the global cabin filter market. The growing demand of the automotive filters from developing countries, such as China, India, Brazil and Taiwan, is anticipated to boost the market.
Lucintel, a leading global management consulting and market research firm, has analyzed the global automotive filter market by region, product, and application and has come up with a comprehensive research report, “Global Automotive Filters Market 2014-2019: Trend, Forecast and Opportunity Analysis.” This report provides an analysis of the global automotive filters market, including the analysis of the market trends, cost structures, growth opportunities, key drivers, and emerging trends of the market. The study also includes the global automotive filters forecasts through 2019, segmented by region, product, and application as follows:
Global automotive filters market by region:
• North America
• Asia Pacific
• Rest of World
Global automotive filters market by product:
• Oil Filter
• Air Filter
• Fuel Filter
• Cabin Air Filter
Global automotive filters market by market:
• Original Equipment Manufacturers Market (OEMs)
• Aftersales Market
On the basis of its comprehensive research, Lucintel forecasts that majority of the segments for the automotive filters market will grow moderately during 2014-2019. The aftersales filters market segment is expected to grow at a greater pace than the original manufacturer market segment. Oil filter was the leading segment, followed by air filter and fuel filter in 2013. Mahle International GmbH, Mann+Hummel Holding GmbH, and Donaldson Company, Inc., are some of the suppliers of the global automotive filters market. The market players are focusing on research and development activities to constantly meet the changing market demands.
This research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056, or click on the link http://www.lucintel.com/ or via email at [email protected] Lucintel offerings include Mass Transportation, Transportation Market Report, Market Research Report, Capital Investment Feasibility and SWOT Matrix. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat, located on the website to answer your questions in real time.
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