The global OEM automotive air filters market is projected to grow at a CAGR of 6.87% from 2015 to 2020 to reach USD 873.9 Million by 2020.
Seattle, WA -- (SBWIRE) -- 07/03/2017 -- "Air Filters Market by Type (Intake & Cabin), Filter Media (Intake-Cellulose & Synthetic, Cabin-Particle & Activated Carbon), Vehicle Type (Passenger Car, LCV, HCV, & Off- Highway), Market (OE & Aftermarket), & by Region - Global Forecast to 2020", classifies and defines the automotive air filters market, in terms of value and volume. The report highlights potential growth opportunities for the market in coming years, and includes a review of market drivers, restraints, opportunities, challenges, competitive landscape, and other key aspects related to the automotive air filters market.
Browse 77 tables and 63 figures spread through 182 Pages and in-depth TOC on "Air Filters Market by Type (Intake & Cabin), Filter Media (Intake-Cellulose & Synthetic, Cabin-Particle & Activated Carbon), Vehicle Type (Passenger Car, LCV, HCV, & Off- Highway), Market (OE & Aftermarket), & by Region - Global Forecast to 2020"
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=1270
Early buyers will receive 10% customization on reports.
Asia-Oceania: Leading the market for automotive air filters
Key countries in the Asia-Oceania region include China, Japan, India, and South Korea. This region is estimated to be the largest market for air filters in 2015, as it is the largest producer of automobiles in the world. According to the study, Asia-Oceania is projected to hold the largest share by 2020, leading the global automotive air filters market. China is estimated to be the largest contributor to the regional market. Vehicle production in China increased by 7.3% in 2014 from the previous year. This remarkable growth enables the company to maintain its leading position and drives the market for air filters.
Apart from China, growing economies such as India and Indonesia contribute to the growth of the automotive industry in Asia-Oceania. The automotive industry in India has grown rapidly in the past few years. This growth can be attributed to the improved standards of living and increased disposable income of the public. The automotive air filters market in India is projected to grow at the highest CAGR from 2015 to 2020. Several leading air filter manufacturers, such as Mann+Hummel Gmbh (Germany), Mahle Gmbh (Germany), and Donaldson Company Inc. (U.S.), have expanded in this region to cater to the growing demand for air filters.
This report provides the market size of air filters, in terms of both, volume and value. The market size, in terms of value, from 2013 to 2020 is provided in USD million, whereas the market size, in terms of volume, for the same period is provided in thousand units ('000 Units). The report also contains a regional analysis of automotive air filters, focusing on the key countries of Asia-Oceania, Europe, North America, and RoW (rest of the world)
The report also provides a PEST analysis, Porter's Five Forces analysis, competitive landscape, and analysis of the value chain. It includes an overview of the market and covers the technical aspects of air filters. Additionally, 10 key players in the automotive air filters market have been profiled.
Request For A Customization @ http://www.marketsandmarkets.com/requestCustomization.asp?id=1270
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/XXXX
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets