Dublin, Sept. 23, 2020 (GLOBE NEWSWIRE) -- The "Automotive Filters Market by Filter Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, Dryer Cartridge, EMI/EMC, Coolant Particle), Air & Cabin Filter Media, Fuel & Vehicle Type, Aftermarket - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The COVID-19 pandemic, as well as a decline in production since the end of 2018, has had a severe impact on the entire automotive industry. Apart from the closure of manufacturing and assembly plants globally, it has disrupted the exports of automotive components. Major automotive players, such as Fiat, Volkswagen, PSA Group, General Motors, and BMW, have suspended their production due to COVID-19.
This scenario is expected to affect the automotive filters market, as the growth of this market is directly related to the production of vehicles. The analysis provided in the following sections gives a detailed view of the impact of COVID-19 on the automotive filters market. The global automotive filters market is projected to reach USD 2,140.5 million by 2025 from USD 1,699.5 million in 2020, at a CAGR of 4.7% from 2020 to 2025.
The automotive filters market is dominated by few globally established players, such as MANN+HUMMEL (Germany), Donaldson (US), MAHLE (Germany), Robert Bosch (Germany), and Sogefi (Italy).
Factors contributing to the growth of automotive filters market can be attributed to stringent emission and fuel economy regulations. Moreover, advancement in filtering technology enabling more efficient filtration of cabin air will increase the demand for automotive filters in the coming years.
The brake dust filter is projected to be the fastest-growing segment in the automotive filters market. Brake dust filters are expected to play a significant role in reducing pollution caused by fine brake dust particles. Brake dust filters can be installed to existing spaces around disk brakes. They can also be equipped in all types of drives, from electric vehicles and hybrid vehicles to classical gasoline or diesel vehicles. The market for brake dust filters has higher growth potential in Europe and North America, owing to technological advancement and a higher emphasis on pollution in these regions. All these factors are expected to drive the market growth for brake dust filters
The study segments the automotive filters market and forecasts the market size based on fuel type (gasoline and diesel), media type (cellulose and synthetic), material type (particle, activated carbon, and electrostatic), ICE vehicle type (passenger car, light commercial vehicle, bus, and truck), EV vehicle type (BEV, PHEV), EV filter type (fuel filter, oil filter, air filter, cabin filter, brake dust filter, dryer cartridges for batteries, EMI/EMC filter, cooling air particle filter, and transmission oil filter), ICE filter type (fuel filter, oil filter, air filter, cabin filter, steering filter, coolant filter, brake dust filter, oil separator, and transmission oil filter), aftermarket by filter type (fuel filter, oil filter, air filter, cabin filter, coolant filter, and transmission oil filter), and aftermarket region (North America, Europe, Asia Oceania, and RoW).
Key Topics Covered:
Covid-19 Impact Analysis
Automotive Filters (OE) Market for ICE Vehicles, by Filter Type
Automotive Air Filters (OE) Market, by Media Type
Automotive Fuel Filters (OE) Market, by Fuel Type
Automotive Cabin Filters (OE) Market, by Material Type
Automotive Filters (OE) Market, by ICE Vehicle Type
Electric & Hybrid Vehicle Filters (OE) Market, by Vehicle Type
Electric & Hybrid Vehicle Filters (OE) Market, by Filter Type
Automotive Filters Aftermarket, by Filter Type
Automotive Filters Aftermarket, by Region
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