Global Automotive Filters Market (2021-2026) – Advances in Filter Media / Technology Present Opportunities
DUBLIN, October 13, 2021– (COMMERCIAL THREAD)–The “Global Automotive Filters Market by Filter Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, Dryer Cartridge, EMI / EMC, Coolant Particles) , air and cabin filter media, fuel and vehicle type, Aftermarket – Forecast until 2026 “ the report was added to ResearchAndMarkets.com offer.
The automotive filters market after COVID-19 is expected to grow from USD 19.5 billion in 2021 to USD 23.1 billion by 2026, at a CAGR of 3.4% during the forecast period.
Brake dust filter is the fastest growing market, by filter type
The brake dust filter is expected to be the fastest growing segment in the automotive filter market. Brake dust filters are expected to play an important role in reducing pollution caused by fine particles of brake dust. Brake dust filters can be installed in existing spaces around disc brakes.
They can also be fitted in all types of engines, from electric and hybrid vehicles to conventional gasoline or diesel vehicles. The brake dust filter market has higher growth potential in Europe and North America, owing to technological advancement and focus on pollution in these regions. All of these factors are expected to drive the growth of the Brake Dust Filters market.
Battery Dryer Cartridges is the largest market for the electric vehicle OE market, by filter type
The Dryer Cartridges for BEV market is estimated to be larger than PHEV in value and is also expected to register a higher CAGR during the forecast period. Battery dryer cartridges protect the battery system from water condensation, as the battery is considered the most important component of BEVs.
The installation of these cartridges improves the overall protection of the vehicles. Breathing from the battery system causes moisture to penetrate inside, which can lead to the risk of water condensation on the cooling plates. The air dryer cartridge absorbs moisture from the water and prevents water condensation, which could cause short circuits.
Battery dryer cartridges are a mandatory component for all-electric and hybrid vehicle types, as electrical short circuits can severely damage vehicle systems. Thus, given the vital role of drying cartridges, the market is expected to remain the largest in the years to come.
Asia-Oceania is estimated to be the fastest growing market and North America the largest market for automotive filters.
The Asia-Oceania region has emerged as a promising market for the automotive industry and OEMs around the world. The main reason for this trend is the Chinese market, which has become the largest producer and consumer of automobiles in the world. The vehicle fleet is the key factor influencing the growth of the automotive filters market. China accounts for the largest share of the total vehicle fleet in Asia Oceania.
The development of road infrastructure and the increase in the number of kilometers driven each year are expected to drive the growth of the oil filters market. Relatively shorter oil filter replacement life will require periodic replacement. In addition, the large volume of fleet vehicles, high environmental pollution and low cost of filters are expected to boost the market in this region.
North America is the largest market as the automotive filter is a mature technology in the United States and Canada. In addition, the strict emission standards for improved performance and comfort are expected to drive the market. Although no standard regulations are present in Mexico for automotive filters, developments are underway to harmonize them with the United States. Thus, the growth of automotive filters is quite evident and the demand is expected to increase significantly in the region.
Increase in vehicle production
Increased sales of electric and hybrid vehicles
Growing vehicle fleet and increase in kilometers traveled each year
Dale filtration systems
Mann + Hummel
For more information on this report, visit https://www.researchandmarkets.com/r/g31yjx
See the source version on businesswire.com: https://www.businesswire.com/news/home/20211013005992/en/
Laura Wood, Senior Press Director
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