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Growth in automotive production in emerging markets is expected to have a positive impact on the overall automotive air filters market. Increasing disposable income along with growing industrialization is expected to act favorable for the global automotive air filters market.
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Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Automotive Air Filters Market Share, Size, Analysis, Growth, Trends and Forecasts, 2012 to 2020 | Hexa Research Automotive air filters market is likely to cross over USD 6 billion by the end of 2020.According to the new research report by Hexa Research, The growing demand of automotive industry, especially in nations like BRIC, with growth in industrialization and increase in disposable income to remain a key driving factor in the global market. Rising consumer awareness regarding health disorders that are caused due to contaminated air the car cabin is also estimated to have a positive influence on industry. Global automotive air filters segment was dominated by Cabin filters which contributed for over 50% of total market revenue in 2013.These product segment are expected to be the fastest growing product segment at an approximate CAGR over 8.5% from 2015 to 2020.Consumers’s focus towards the reducing the bad odor and reducing the health disorders caused by air pollutants inside the vehicles is estimated to increase demand for cabin filters over the forecast period. Contact: +1-800-489-3075 Email : sales@hexaresearch.com Website: http://www.hexaresearch.com/
Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Browse Details of Report@http://www.hexaresearch.com/research-report/global- automotive-air-filters-industry/ Largest application for automotive air filters market was Passengers cars which contributed for around 51.3% of market revenue globally in 2013.With growing passenger’s cars ownerships especially in emerging markets of Brazil, India and China are likely to drive air filter demand in passenger cars. The demand for Automotive air filter is estimated to grow for two wheelers with CAGR for around 8.3% from 2015 to 2020.In 2013, Aftermarket dominated automotive filter demand contributing for total 49.1% of market revenue. Major regional market for Automotive Air filters were Asia Pacific, estimated to grow at the CAGR of around 8.4% from 2015 to 2020. In 2013, Major Market participants were accounted for around 50% of market revenue. The market had experienced acquisitions and mergers in last few years. The market is about to move towards consolidation in upcoming years. Few leading participants operating in market are Mahle Industries, Mann + Hummel, Cummins and Affnia. Browse Related Category Market Reports @ https://www.hexaresearch.com/research- category/automotive-and-transportation-industry About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Contact: +1-800-489-3075 Email : sales@hexaresearch.com Website: http://www.hexaresearch.com/
Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Follow us on Linkedin : https://www.linkedin.com/company/hexa-research Contact: +1-800-489-3075 Email : sales@hexaresearch.com Website: http://www.hexaresearch.com/
