The Global Automotive Filter Market 2016-2021: Trends, Forecast, and Opportunity Analysis, March 2016
According to a new market report published by market looks good with opportunities in the OEM and aftermarkets. The global automotive filtermarket is forecast to grow at a CAGR of 4.9% from 2016 to 2021. The major drivers of growth forthis market are increase in the production of vehicles, increasing focus of vehicle owners onpreventive maintenance, increasing average age of vehicles in operation, and increasing milesdriven per vehicle.
In this market, oil filter, air filter, fuel filter, and cabin air filter are some of the major segments ofautomotive filters. On the basis of its comprehensive research, Lucintel forecasts that the fuelfilter and cabin air filter segments are expected to show above average growth during the forecastperiod.
Within the global automotive filter market, the oil filter segment is expected to remain as thelargest market. Rising vehicle production and increasing demand from original equipmentmanufacturer (OEM) and aftermarket is expected to spur growth for this segment over theforecast period.
Asia Pacific is expected to remain the largest market due to high vehicle production, improvementin the economic conditions, and increasing investments by the industry players within the APACregion.
North America and Asia Pacific are expected to witness significant growth over the forecastperiod because of rapidly increasing demand of filters in OEMs as well as the aftermarkets of
China, India, and Germany.
For market expansion, report suggests innovation and new product development to enhance thefilter performance. The report further suggests the development of partnerships with customers tocreate win-win situations and development of low-cost solutions for customers.
Emerging trends, which have a direct impact on the dynamics of the industry, include thedevelopment of filters with organic materials, development of polyurethane-based adhesive filters,and customizable air filter concept. Mann+Hummel Holding GmbH, Mahle International GmbH,
Donaldson Company, Inc., Sogefi SpA and NGK Insulators Ltd. are the major filter manufacturersin the global automotive filter market. Some companies are opting for merger and acquisition asstrategic initiatives for driving growth.automotive filter market by product types, end use, and region and has come up with acomprehensive research report, “The Global Automotive Filter Market 2016-2021: Trends,
Forecast, and Opportunity Analysis.” The Lucintel report serves as a springboard for growthstrategy, as it provides a comprehensive data and analysis on trends, key drivers, and directions.
The study includes the forecast for the global automotive filter market through 2021, segmentedby product type, end use industry type and region as follows:
By product types ($ billion from 2010 to 2021):
Cabin Air Filter
By End Use ($ billion from 2010 to 2021):
By region ($ billion from 2010 to 2021):
Rest of the World
This report answers following 11 key questions:
Q. 1. What are some of the most promising, high-growth opportunities in the global automotivefilter market by segments and regions?
Q. 2. Which segments will grow at a faster pace and why?
Q. 3. Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers, challengesand business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6 What are emerging trends in this market and reasons behind them?
Q.7 What are some of the changing demands and needs of customers in the market?
Q.8 What are some of the new developments in the market? Which companies are leadingthese developments?
Q.9 Who are the major players in this market? What strategic initiatives are taken by keyplayers for business growth?
Q.10 What are some of the competitive services and processes in this area and how big of athreat do they pose for loss of market share via materials / service substitution?
Q.11. What M & A activity has transpired in last 1 to 2 years, and describes its impact on theindustry?
This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in thismarket. This report will save hundreds of hours of your own personal research time and willsignificantly benefit you in expanding your business in this market. In today’s stringent economy,you need every advantage that you can find.
Features of This Report:
To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinationalmaterials suppliers, product manufacturers, investors, executives, distributors, and many morethat operate in this market.
Some of the features of “The Global Automotive Filter Market 2016-2021: Trends, Forecast, and
Opportunity Analysis” include:
Market size estimates: Global automotive filter industry size estimation in terms of value($B).
Trend and forecast analysis: Global automotive filter industry trend (2010-2015) andforecast (2016-2021) by region and segment.
Segmentation analysis: Global automotive filter industry size by various product typessuch as oil filter, air filter, fuel filter and cabin air filter and by end use such as OEM andaftermarket in terms of value.
Regional analysis: Global automotive filter industry breakdown by key regions such as
North America, Europe, Asia Pacific, and Rest of World.
Growth opportunities: Analysis on growth opportunities in different applications andregions.
Strategic analysis: This includes M&A, new product development, competitive landscape,and expansion strategies of global automotive filter suppliers.
Emerging applications: Emerging applications of global automotive filter in variousmarkets.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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