Global Engine Air Filter Market

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.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

 

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Global Engine Air Filter Market Dynamics:

Engine air filters prevents harmful debris from entering any parts where air and fluid flow, including engine, radiator, fuel lines, and more.

The 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 filters are benefits via car-saving and performance-enhancing. The cleaner the 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 have prompted the need to develop environment-friendly alternatives. Less consumer awareness and the high cost charged by OEMs will be restraints to the market.

The report study has analyzed the revenue impact of the COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.
Based on the Vehicle type, the 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 the automobile industry has manufactured the highest number of vehicles in the forecasted period. The 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 the engine air filter market.
In Trends – High-efficiency particulate air system (HEPA system).

The environmental requirements for the engine air systems have increased significantly. The electronics engine industry has designed and builds 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 during the forecast period. The growing economy, expanding middle-class span, and rising living standards have increased the demand for 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 a number of automobile segments in the region has accelerated the production of vehicles. The demand for 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.
Global Engine Air Filter Market, Key Highlights:

• Global Engine Air Filter Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Engine Air Filter Market

• Global Engine Air Filter Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global Engine Air Filter Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Engine Air Filter Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Engine Air Filter Market are also profiled.

The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
Scope of the Report for Engine Air Filter Market: Inquire before buying

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

• OEMs
• Aftermarket
Global Engine Air Filter Market, by Region

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Global Engine Air Filter Market Key Players

• 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
• Cummins Inc.

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