LONDON, Jan. 28, 2015 /PRNewswire/ -- The global automotive filters market is expected to reach an estimated value of $21.9 billion by 2019. The major drivers of the automotive filters market are increasing regulations for air emissions from vehicles, revival of automotive production, the growing replacement market, and an increase in miles driven per vehicle. Filters are used for a variety of applications in a vehicle such as internal combustion engine and vehicles passenger's compartment. Removal of harmful gases and odors related to the incoming air from the cabin to give comfort to the passengers is driving the global cabin filter market. The growing demand of the automotive filters from developing countries, such as China, India, Brazil and Taiwan, is anticipated to boost the market.
Lucintel, a leading global management consulting and market research firm, has analyzed the global automotive filter market by region, product, and application and has come up with a comprehensive research report, "Global Automotive Filters Market 2014-2019: Trend, Forecast, and Opportunity Analysis." This report provides an analysis of the global automotive filters market, including the analysis of the market trends, cost structures, growth opportunities, key drivers, and emerging trends of the market. The study also includes the global automotive filters forecasts through 2019, segmented by region, product, and application as follows:
Global automotive filters market by region:
- North America
- Asia Pacific
- Rest of World
Global automotive filters market by product:
- Oil Filter
- Air Filter
- Fuel Filter
- Cabin Air Filter
Global automotive filters market by market:
- Original Equipment Manufacturers Market (OEMs)
- Aftersales Market
On the basis of its comprehensive research, Lucintel forecasts that majority of the segments for the automotive filters market will grow moderately during 2014-2019. The aftersales filters market segment is expected to grow at a greater pace than the original manufacturer market segment. Oil filter was the leading segment, followed by air filter and fuel filter in 2013. Mahle International GmbH, Mann+Hummel Holding GmbH, and Donaldson Company, Inc., are some of the suppliers of the global automotive filters market. The market players are focusing on research and development activities to constantly meet the changing market demands This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly 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. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.
Some of the features of "Global Automotive Filters Market 2014-2019: Trend, Forecast, and Opportunity Analysis" include:
- Market size estimates: Global automotive Filter market size estimation in terms of volume (M lbs) and value ($ M) shipment.
- Trend and forecast analysis: Global automotive Filter market trend (2008-2013) and
forecast (2014-2019) by regions, product type, and market type.
- Production analysis: Automotive Filter market size by various application, such as
oil filter, air filter, fuel filter, and cabin air filter.
- Regional analysis: Automotive Filter market breakdown by key regions such as North America, Europe, Asia Pacific, and Rest of World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions.
- Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies in global automotive filter market suppliers.
- Emerging applications: Emerging applications in global automotive filter in various markets.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
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