Light Vehicle (LV) Cabin AC Filters Market, By Technology (Particle Filter, Combined Filter, Anti-allergen Filter and Very High Efficiency Filter), By Sales Channel (OEM (Original Equipment Manufacturer), OES (Original Equipment Supplier) and IAM (Independent Aftermarket)) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Cabin AC filter is an integral part of the HVAC system that avoids the entry of airborne pollen, dust, and other allergic materials that can result in an unpleasant environment and can cause harm to individuals. It also maintains the quality of air inside the cabin of the vehicle. There are different types of filers namely particle filters, combined filters, anti-allergen filters, etc. On the basis of technology, the market is segregated into particle filter, combined filter, anti-allergen filter, and a very high-efficiency filter. Furthermore, on the basis of the sales channel, the market is divide into the original equipment manufacturers, original equipment suppliers, and the independent aftermarkets. On the basis of region, the market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.
Globally, automotive sales are booming following the global shutdown. According to Organisation Internationale des Constructeurs d'Automobiles (OICA), automobile production is growing at a rate of around 4% annually since 2010. Global automobile production stood at 79 million units in 2011, comprising of both passenger and commercial vehicles, growing steadily to 90 million units in 2015. Constantly increasing demand for vehicles has compelled automakers to improve production output thereby boosting the production of cabin AC filters. According to Coherent Market Insights’ analysis, in 2015, Production of light vehicles in North America increased by 2.1%, which corresponds to an increase in OEM sale of cabin air filters by 1.6%. Hence such factors are expected to drive the market growth in the near future. Generally, HVAC automobiles do not filter air present at the outside of the vehicle, which is largely contaminated with impurities including biological to chemical pollutants such as microorganisms, pollen, suspended chemicals, etc. As HVAC system of a vehicle is operated in a closed environment, the contaminated air is enclosed inside the vehicle, which leads to increase in the concentration of hazardous contaminants in the cabin. Thus, these factors are expected to propel the global light vehicle (LV) cabin AC filters market growth over the forecast period.
This report segments the Global Light Vehicle (LV) Cabin AC Filters Market on the basis of Technology, Sales Channel and Region. On the basis of Technology, Global Light Vehicle (LV) Cabin AC Filters Market is segmented into Particle Filter, Combined Filter, Anti-allergen Filter and Very High Efficiency Filter. On the basis of Sales Channel, the Global Light Vehicle (LV) Cabin AC Filters Market is segmented into OEM (Original Equipment Manufacturer), OES (Original Equipment Supplier) and IAM (Independent Aftermarket). On the basis of region, Global Light Vehicle (LV) Cabin AC Filters Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
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