Global Commercial Vehicle Air Filter Market 2017-2021
About Commercial Vehicle Air Filter
An air filter is generally made up of fibrous material and can remove solid particulates such as dust, pollen, bacteria, and others from the air. There are filters capable of removing odors and gaseous pollutants such as volatile organic compounds or ozone if they contain an absorbent or catalyst such as charcoal. Commercial vehicles are usually used in work places where the vehicle is exposed to a large amount of dust, pollen, and other contaminants in the air. This can affect the performance of the engine due to the clogged particles in the engine and can also have an adverse effect on the health of the driver or passengers in the cabin if the air entering the cabin unfiltered. An air filter can remove up to 98% of the particles from the air, including those much finer than a human hair.
Technavio’s analysts forecast the global commercial vehicle air filter market to grow at a CAGR of 0.4% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global commercial vehicle air filter market for 2017-2021. To calculate the market size, the report considers the unit shipments of the commercial vehicle air filters across the regions.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Commercial Vehicle Air Filter Market 2017-2021
Technavio recognizes the following companies as the key players in the global commercial vehicle air filter market: DENSO, Cummins, MANN+HUMMEL, K&N Engineering, and Bosch.
Other Prominent Vendors in the market are: ACDelco, Ahlstrom, ALCO Filters, Baldwin Filters, Donaldson Company, Freudenberg Filtration Technologies, Hastings Premium Filters, Hengst, Luber-Finer, Lyndall, MAHLE, Scania, and Sogefi Group
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is air filters with layered multi-density foam technology, nanotechnology, and dirt retention additives. Nanotechnology has long been contributing toward improvements in various technological and industrial sectors such as the IT, medicine, transportation, automotive, environmental science, and many others.”
According to the report, one of the major drivers for this market is heavy dependence on road for freight movement. Emerging countries like India and China see an increase in the preference for road transportation and subsequent increase in the usage of heavy medium and light-duty vehicles.
Further, the report states that one of the major factors hindering the growth of this market is supply-demand deficit raw materials. The key raw materials used in the manufacturing of automotive air filters are polyurethane foam, pleated papers, cotton gauze, and steel mesh among others. These raw materials are mainly used for various other industrial applications such as in agriculture, furniture, mining, and others. Increasing need for air filters in automotive can thereby lead to a supply-demand deficit of these materials in the market, which ultimately would raise the cost of the raw materials.
DENSO, Cummins, MANN+HUMMEL, K&N Engineering, Bosch, ACDelco, Ahlstrom, ALCO Filters, Baldwin Filters, Donaldson Company, Freudenberg Filtration Technologies, Hastings Premium Filters, Hengst, Luber-Finer, Lyndall, MAHLE, Scania, and Sogefi Group