New York, NY -- (SBWIRE) -- 11/06/2017 -- Persistence Market Research delivers key insights into the global LV cabin AC filters market in its latest report titled 'LV Cabin AC Filters Market: Global Industry Analysis and Forecast, 2016–2024.' The long-term outlook on the global LV cabin AC filters market remains positive, with market value anticipated to increase at a CAGR of 5.1% during the forecast period 2016 – 2024. Based on the technology type, the particle filter segment is expected to expand at a healthy CAGR in terms of value & volume over the period 2016 – 2024. By sales channel, the independent aftermarket segment is expected to witness a substantial CAGR in terms of volume and value over the forecast period.

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In terms of region, the APAC LV cabin AC filters market is expected to remain dominant over the forecast period. APAC is estimated to hold over 62.8% share in terms of absolute $ opportunity in the global LV cabin AC filters market over the forecast period. Sales of cabin AC filters in the APAC regional market is expected to witness 1.9X growth by the end of 2024 as compared to that in 2016.

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Growth of the LV cabin AC filters market in the APAC region is attributed to a steady rise in vehicle production in the region and a subsequent rise in the adoption of automotive cabin AC filters. Europe, followed by North America is expected to be the next attractive region after APAC, in terms of CAGR and market share index in the global LV cabin AC filters market.

Some of the companies profiled in the global LV cabin AC filters market report are Mann+Hummel GmbH, Robert Bosch GmbH, MAHLE GmbH, Hengst SE & Co. KG, Donaldson Company, Inc., Valeo SA, EuroGIELLE S.r.l, Ahlstrom Corporation, Sogefi SpA, Airmatic Filterbau GmbH, K&N Engineering, Inc., Denso Corporation, Freudenberg & Co. KG, ACDelco, and ALCO Filters Ltd.

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