The Europe Automotive Air Filters Market would witness market growth of 5.1% CAGR during the forecast period (2022-2028).
Air filters purify the air before it is exhausted and in systems that demand particulate-free air. It comes in various shapes depending on whether it will be used in furnaces, range hoods, clean rooms, or automotive engines. Automobile air filters are commonly pleated-paper filters installed in the vehicle's exterior air intake, particularly for the cabin. They come in certain shapes for the exterior air intake of vehicles. They have recently been added to the automotive equipment.
An internal combustion engine (ICE) air filter is an additional automotive air filter that keeps abrasive particulate matter out of the engine's cylinders, where it could contaminate the oil and cause mechanical wear. The growing concern about health problems brought on by the emission of undesirable, toxic gases from vehicles is the primary driver of the automotive air filter market's expansion.
The market is expanding due to strict restrictions, the implementation of emission laws, the expanding automobile industry, and the existence of regulatory agencies. A boost in the air intake quality in the engine and within the cabin would improve passenger comfort, further driving market expansion. Moreover, growth in passenger transport has been observed in many industrialized countries.
Germany is one of the largest producers of automobiles, and the country's strong automobile sales and demand have led to an increase in the number of auto parts that need to be replaced, which is expected to drive industry growth throughout the forecast period. Also, the industry will likely benefit from cutting-edge business tactics and personalized online services during the projected period. The world's most digitally advanced aftermarket companies are predicted to continue to be based in this German industry when the correlations between growth rates in GDP are taken into account, helping the nation to keep its competitive edge. These aspects are propelling the market's growth.
The Germany market dominated the Europe Automotive Air Filters Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $345 Million by 2028. The UK market is anticipated to grow a CAGR of 4.1% during (2022 - 2028). Additionally, The France market would experience a CAGR of 6% during (2022 - 2028).
Based on End User, the market is segmented into Original Equipment Manufacturers (OEMs) and Aftermarket. Based on Product, the market is segmented into Cabin Air Filters and Intake Air Filters. Based on Application, the market is segmented into Passenger Cars, Commercial Vehicles and Two Wheelers. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Automotive Air Filters Market will Hit $5.9 Billion by 2028, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Donaldson Company, Inc., Parker-Hannifin Corporation, Cummins, Inc., Mahle GmbH (Mahle Stiftung GmbH), Freudenberg SE, Valeo SA, Denso Corporation, Hengst SE and K&N Engineering, Inc.
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