Global Engine Air Filter Market
- Machinery Parts
Global Engine Air Filter Market – Industry Analysis and Forecast (2018-2026) – Filter Type, Material Type, Vehicle Type, End-user and Region.
Global Engine Air Filter Market was valued at US$ 481.2Mn in 2017 and is expected to reach US$ 827.41Mn by 2026, at a CAGR of 7.01% during a forecast period.
Engine air filter is to prevent harmful debris from entering any parts where air and fluid flows, including engine, radiator, fuel lines and more.
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Major driving factors of the engine air filter market are the regular replacement is likely to result in increased fuel mileage by about 14%. Engine mobile division continues to keep pace with the increasing demands of air filtration, from tougher engine requirements to longer filter life. Engine air filter are benefits via car-saving and performance-enhancing. The cleaner engine filter, the more it allows for the maximum flow of air or fluid through the system. Engine Air Filters should also be changed every 30,000 miles. A new engine air filter may increase gas mileage, reduce emissions, allow optimal air-flow, and improve engine performance. Environment hazards caused due to emission of harmful gases in conventional vehicles has prompted the need to develop environment friendly alternatives. Less consumer awareness and high cost charged by OEM’s will be restraints to the market.
Based on the Vehicle type, Passenger Vehicles segment is expected to hold the largest share in the Engine Air Filter Market during the forecasted period. The passenger vehicle segment in automobile industry have manufactured the highest number of vehicles in forecasted period. Engine air filter is an essential component of the passenger vehicle which needs maintenance at a regular interval like other components of the vehicle for better result and creating an opportunity for growth in engine air filter market.
In Trends – High-efficiency particulate air system (HEPA system).
The environmental requirements for engine air system have increased significantly. The electronics engine industry have design and build systems that will also meet manufacturing needs in the future. Technology is being rapidly developed and the criteria for removing particulates and gases to create ultraclean manufacturing conditions will be of decisive importance for cost-effective production in High-efficiency particulate air system (HEPA system).
In terms of region, Asia Pacific is expected to hold the largest share in the Engine Air Filter Market market during the forecast period. The growing economic, expanding middle class span and rising living standards have increased the demand of the vehicles in the region. Countries like China, South Korea, Japan, India, and Thailand are evolving as the automotive hub in the region. The capability of the individual to buy and the availability of number of automobiles segments in the region has accelerated the production of vehicles. The demand of engine air filters can be linked directly with the production of vehicles which is hitting a record high in the region.
The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the Engine Air Filter Market. Moreover, the study also covers an Engine Air Filter Market attractiveness analysis, brand portfolio expansion, mergers, collaborations, joint ventures, acquisitions, PESTLE analysis, Value Chain Analysis, and SWOT analysis.
The scope of the Report for Engine Air Filter Market
Global Engine Air Filter Market, By Filter Type
• Engine Air Filter
• Cabin Air Filter
Global Engine Air Filter Market, By Material Type
• Paper Air Filter
• Cotton Gauze Air Filter
• Foam Air Filter
Global Engine Air Filter Market, By Vehicle Type
• Passenger Vehicles
• Commercial Vehicles
• Electrical Vehicles
Global Engine Air Filter Market, By End User
Global Engine Air Filter Market, by Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in Engine Air Filter Market
• Sogefi SpA
• MAHLE GmbH
• MANN+HUMMEL GmbH
• A.L. Filter
• Robert Bosch GmbH
• Donaldson Company, Inc.
• North American Filter Corporation
• Fildex Filters Canada Corporation
• K&N Engineering, Inc.
• Filtrak BrandT GmbH
• Luman Automotive Systems Pvt. Ltd.
• ALCO Filters Ltd
• Siam Filter Products Ltd
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Report Published by MAXIMIZE MARKET RESEARCH https://www.maximizemarketresearch.com
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