Automotive Filters Market (Filter Type – Air Filter, Oil Filter and Fuel Filter; Vehicle Class – Two wheelers, Passenger Cars and Commercial Vehicles (LCV, HCV & Offroad); Sales Channel – Original Equipment Manufacturers (OEMs) and Aftermarket Sales) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025, the global automotive filters market is set to expand with a CAGR of 6.7% through the forecast period of 2017 to 2025.
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Market Insights
Automotive filters are responsible for efficient functioning of various automotive modules including engine, suspension, transmission, HVAC and several others. These are primarily used for filtering air (entering engine as well as vehicle cabin), engine oil and fuel. Due to growing need for more efficient and environment friendly vehicles, automotive filters have gained immense significance over the period of time. The overall automotive filters market is highly driven by the consistently rising automotive production across the world. Despite the automotive industry slowdown, the Asia Pacific region has managed to maintain its growth pace, in terms of automotive production and consumption. Subsequently, continued anticipated growth in the overall automotive sector is estimated to generate steady demand for automotive filters in the following years.
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Another major factor fueling the market growth is tightening environment regulations on vehicle emissions. Increasing concerns regarding air pollution would escalate the demand for more efficient automotive filters in the following years. However, one of the major concerns for the automotive filters industry is the steadily rising popularity of electric vehicles. Growing penetration of electric vehicle eliminates the need for automotive filters and hence poses significant threat. Nevertheless, the impact is projected to remain minimal due to relatively slow pace of electric vehicles adoption across different regions.
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Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Automotive Filters Market
2.2 Global Automotive Filters Market, By Filter Type
2.3 Global Automotive Filters Market, By Vehicle Class
2.4 Global Automotive Filters Market, By Sales Channel
2.5 Global Automotive Filters Market, By Geography
Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global Automotive Filters Market Revenue and Growth, 2015 – 2025, (US$ Bn) (Y-o-Y %)
3.2 Key Market Trends and Future Outlook
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.4.1 Impact Analysis of Drivers and Restraints
3.5 Attractive Investment Proposition
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