Product Code: RP-ID-10336518 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Automotive & Transportation |
Report ID: 10336518
Market Overview:
Global Automotive oil filter market Size study, by Filter Media (Cellulose, Microglass, Polyester, Felt, Paper), by Technology Type (Suction Filters, Pressure Filters), by Operation Type (Disposable, Reusable), by Distribution Channel (Online, Offline), by Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), Agricultural Vehicles), by Sales Channel (Original Equipment Manufacturers (OEMs), Aftermarket), by Transmission Type (Manual Transmission, Autom
Global Automotive oil filter market is valued approximately USD 3.06 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.72 % over the forecast period 2020-2027. An Automotive oil filter is a filter designed to remove pollutants from engine oil, transmission oil, lubricating oil, or hydraulic oil. An automotive filter extends engine life as it efficiently removes particles of dirt and dust that damage internal engine parts, such as pistons and cylinders. The global Automotive Oil Filter Market is driven by tough government policies on vehicle emissions, and increased adoption of personal vehicles for daily commutes, Increasing Vehicle Production, increasing sales of electric & hybrid vehicles and Rising Vehicle PARC and Miles. The market is primarily driven by increasing sales of electric vehicles. For Instance: According to Edison electric institute, global sales of electric vehicles are estimated to have reached around 312,000 units in Q1 2018, an increase of 58 percent compared to Q1 of 2017. However, Enhanced fuel prices such as petrol and diesel are expected to restrict the market over the forecast period.
The regional analysis of global Automotive oil filter market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in Factors such as awareness of the benefits offered by the filter, and the filter of do-it-yourself service by people in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors Such as increasing vehicle demand in developing economies, stringent government policies on vehicle emissions, and increasing the use of personal vehicles for day-to-day commutes would create lucrative growth prospects for the Automotive oil filter market across Asia-Pacific region.
Major market player included in this report are:
MAHLE GmbH
Donaldson Company Inc.
AC Delco
Tenneco Inc
TOYOTA BOSHOKU CORPORATION
Parker Hannifin
Hengst SE
MANN+HUMMEL
ZF Friedrichshafen AG
Cummins Filtration
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Filter Media:
Cellulose
Microglass
Polyester
Felt
Paper
By Technology Type:
Suction Filters
Pressure Filters
By Operation Type:
Disposable
Reusable
By Distribution Channel:
Online
Offline
By Vehicle Type:
Passenger Cars
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Agricultural Vehicles
By Sales Channel:
Original Equipment Manufacturers (OEMs)
Aftermarket
By Transmission Type:
Manual Transmission
Automatic Transmission
AMT (Automated Manual Transmission)
Dual Clutch Transmission
Continuously Variable Transmission (CVT)
EVT & BEV
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Automotive oil filter market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
MAHLE GmbH
Donaldson Company Inc.
AC Delco
Tenneco Inc
TOYOTA BOSHOKU CORPORATION
Parker Hannifin
Hengst SE
MANN+HUMMEL
ZF Friedrichshafen AG
Cummins Filtration
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