Automotive Filters Market Drivers Stringent Regulations Made by Government Towards Emission

HYDERABAD, TELANGANA, INDIA, January 11, 2023/EINPresswire.com/ -- IndustryARC, in its latest report, predicts that Automotive Filters Market is expected to reach $27.09 billion by 2025 at a CAGR of 2.8% during the forecast period 2020-2025. The automotive filters are designed and developed to prevent the entry of dirt particles such as bacteria, exhaust fumes, pollens, and others into the engine and carburetor. The use of these filters further minimizes the air pollutants that are emitted by the vehicles, thus extending the service life of the vehicle, and reducing the maintenance cost. The government and emission bodies around the world have imposed stringent emission laws for vehicles that emit hazardous gases such as nitrogen oxide (NOx), hydrocarbons (HC), carbon monoxide (CO), and others. For instance, the Environmental Protection Agency (EPA) in the U.S. has amended standards such as fuel economy standards for LCVs and national program for greenhouse gas emissions for light-duty vehicles. Hence these kind of regulations are analyzed to drive the market in the forecast period 2020-2025. The report offers a complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.

Click here to browse the complete report summary:
https://www.industryarc.com/Research/Automotive-Filters-Market-Research-501105

Key takeaways:

1. North America dominates the global automotive filter market with more than 34.5%, owing to the growing adoption of automotive vehicles and increased investments for vehicle production by major OEMs such as Ford and General Motors and so on in the countries such as the U.S, Canada and Mexico are driving the market growth in this region.

2. Cabin Filter is growing at a CAGR of 4.8% in the forecast period. This filters helps in maintaining a steady inflow of better quality air in the vehicle cabin in order to provide cleaner air to passengers.

3. Stringent regulations made by governments of several countries have been driving the market for Automotive Filters in the forecast period 2020-2025.

4. Automotive Filters top 10 companies include K&N Engineering, Donaldson Company Inc., Cummins Inc., Sogefi Group, Mahle GmbH, Robert Bosch GmbH, Ahlstrom Corporation, ACDelco Inc., Denso Corporation, Valeo SA , among others.

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Segmental Analysis:

1. BEV Filter is growing at a highest CAGR of 11.5% in the forecast period. Initially, the shorter driving range was one of the major disadvantages of BEVs. However, with advancements in technology, the driving range of BEVs increased significantly

2. In 2018, Ford Motor has committed to increase its investments in electric vehicles to $11 billion by 2022. Similarly, Volkswagen has committed to invest $66.3 billion in the next five years in digitization as well as producing more electric vehicles.

3. North America dominates the global automotive filter market with more than 34.5%, owing to the growing adoption of automotive vehicles and increased investments for vehicle production by major OEMs such as Ford and General Motors and so on in the countries such as the U.S, Canada and Mexico are driving the market growth.

4. In 2019, Ford has committed to invest more than $1.5 billion in U.S to increase the production of vehicles. Similarly, General Motors is investing heavily for the production of vehicles.

5. Cabin Filter is growing at a CAGR of 4.8% in the forecast period. This filter helps in maintaining a steady inflow of better quality air in the vehicle cabin in order to provide cleaner air to passengers.

Competitive Landscape:

The top 5 players in the Automotive Filters industry are -

1. K&N Engineering

2. Donaldson Company Inc.

3. Cummins Inc.

4. Sogefi Group

5. Mahle GmbH

Click on the following link to buy the Automotive Filters Market Report:
https://www.industryarc.com/reports/request-quote?id=501105

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IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. If you are looking for a detailed overview of a particular market, you can simply connect with the team at IndustryARC. You can not only buy your preferred market report from the website, but also get personalized assistance on specific reports.

Related Reports:

A. Commercial Vehicle Air Filter Market
https://www.industryarc.com/Research/Commercial-Vehicle-Air-Filter-Market-Research-512845

B. Industrial Filtration Market
https://www.industryarc.com/Report/18859/industrial-filtration-market

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