Jocelyn Stark with a certified herbalist or alter

Latest Study - Automotive Air Filters Market Share Cheap John Ross Jersey , Growth Prospects To 2020: Grand View Research, I Business Articles | November 26, 2015

New Market Research Reports Title “Automotive Air Filters Market Analysis Size and Segment Forecasts to 2020” Has Been Added to Report Database.



Global automotive air filters market is expected to reach USD 6.10 billion by 2020 Cheap Dre Kirkpatrick Jersey , according to a new study by Grand View Research, Inc. Growing demand from the automotive industry, particularly in BRIC nations Cheap Vontaze Burfict Jersey , on account of increasing disposable income and growing industrialization rate is expected to remain a key driving factor for the market. Rising consumer awareness regarding health disorders caused due to contaminated air in the car cabin is also expected to have a positive influence on market growth. Environmental hazards related to combustion engine vehicles have led to the growth of electric vehicles, which contributes negligible emissions but also requires less maintenance of the engine. Growth of electric vehicle industry is expected to challenge automotive air filter demand over the forecast period.


Cabin filters dominated the global automotive air filters product segment and accounted for 51.3% of total market revenue in 2013. Cabin filters are also expected to be the fastest growing product segment, at an estimated CAGR of 8.5% from 2014 to 2020. Consumer shift towards reducing bad odor and minimizing health disorders caused due to air pollutants inside the vehicles is expected to fuel demand for cabin air filters over the forecast period.


Browse full research report on Global Automotive Air Filters Market:?

Further key findings from the study suggest:

Passenger cars were the largest application for automotive air filters market and accounted for 51.5% of total market revenue in 2013. Growth of passenger cars ownerships particularly in emerging markets of India Cheap Carlos Dunlap Jersey , China and Brazil is expected to drive air filters demand in passenger cars. Automotive air filter demand in two wheelers is expected to grow at an estimated CAGR of 8.5% from 2014 to 2020. Aftermarket dominated automotive air filter demand, at over 70% of total market revenue in 2013. It is also expected to be the fastest growing end-use segment at an estimated CAGR of 8.2% from 2014 to 2020. Consumer shift towards replacing air filters in order to minimize maintenance cost is expected to drive the automotive air filters demand in aftermarket. Asia Pacific emerged as the leading regional market and accounted for 49.3% of total market revenue in 2013. Asia Pacific is also expected to be the fastest growing regional market for automotive air filters at an estimated CAGR of 8.5% from 2014 to 2020. Growth of automotive industry in emerging markets of China, India and Indonesia is expected to drive the regional market. North American market is expected to witness steady growth on account of recovery of automotive industry in the U.S. and favorable regulatory scenario in the region. Top market participants accounted for less than 50% of the total market revenue in 2013. The market has witnessed mergers and acquisitions over the last few years. This trend is expected to continue and the market is expected to move towards consolidation over the next several years. Some of the leading participants operating in the global market include Mann+Hummel Cheap Tyler Eifert Jersey , Affnia, Cummins and Mahle Industries.

?


Read detailed report or request for sample of this research report:?


For the purpose of this study, Grand View Research has segmented the automotive air filters market on the basis of product Cheap Geno Atkins Jersey , application, end-use and region:

Global Automotive Air Filters Product Outlook (Revenue, USD Million Cheap A.J. Green Jersey , 2012 - 2020)
??? ??? ??• Intake
? ??? ??? ??• Cabin
? ??• Global Automotive Air Filters Application Outlook (Revenue, USD Million, 2012 – 2020)
? ??? ??? ??• Passenger Cars
? ??? ??? ??• Light & Heavy Commercial Vehicles
? ??? ??? ??• Two Wheelers
? ??• Global Automotive Air Filters End-Use Outlook (Revenue Cheap Andy Dalton Jersey , USD Million, 2012 – 2020)
? ??? ??? ??• OEM
? ??? ??? ??• Aftermarket
? ??• Global Automotive Air Filters Regional Outlook (Revenue, USD Million Cheap Michael Jordan Jersey , 2012 - 2020)
? ??? ??? ??• North America
? ??? ??? ??• Europe
? ??? ??? ??• Asia Pacific
? ??? ??? ??• RoW

Browse more reports of this category by Grand View Research:?

Read our blogs - , ,

Jocelyn Stark
Submitted 2016-05-02 02:35:41 Work with a certified herbalist or alternative care expert. These are American authorized health professionals who function via all-natural means to treat your situation. They work in methods that are similar to how a healthcare physician would treat you via conventional medications. These specialists not only function with herbs but also with many other methods that can include acupuncture Cheap Renell Wren Jersey , acupressure and others all-natur