Air filters are often used to remove to remove solid particulates like mold, dust, pollen, bacteria and other small objects from air. They are generally composed of fibrous materials, which can easily absorb such partials and keep them from spreading in the air. Air filters are one of the key components of automobiles, which are generally classified into cabin air filters and engine air filters. Both these types of filters play a vital role of keeping the engines and insides of the vehicles clean and dust free, which increases the importance of these products. Growth in the global automotive industry is a strong reason for growth in the size and spread of the automotive air filters market as well.
Overview of Automotive Air Filters Market
While engine or intake filters are used to prohibit entry of the foreign particles outside the vehicle including dust, debris and other particles on the road into the engines. The basic function of the intake filters is to clean the air before it enters the engine’s combustion chambers. Cabin filters on the other hand are recently invented for specially designed for vehicle cabin air filtration. Production trends in the global automotive industry are vital for the automotive air filters market in terms of revenue trends, future business opportunities and threats and restraints. Increasing air pollution is a big driver for this industry. Increasing anthropogenic activities contribute to the level of pollution. Several other factors contributing to rise in air pollution include deforestation, mining and construction.
Segmentation and Forecasting Trends
Air filters market for automotive market is segmented based on the types of filters, vehicles, geography and markets. As mentioned before, cabin air and intake filter are the two basic types of air filters. Vehicle and market types for the filters are segmented into OE, aftermarkets and passenger cars, HCVs, LCVs, passenger cars and two wheelers. On the basis of geography, the industry is divided into four regions, namely, Asia Pacific, North America, Europe and rest of the world. Increasing installation of air-conditioning systems requires cabin air filter systems. These filters play vital role in the upkeep of HVAC vents of the vehicles, especially passenger car segment.
Trends in the automotive air filters market are largely determined by the current trends in global automotive market. According to the analysis of the segmentation, the industry is expected to grow at a CAGR of 6.97% from 2013 to 2018. Based on these figures, the market is anticipated to become worth $5.1 billion by the end of 2018. As of 2013, the industry is worth $3.6 billion.