Automotive Air Filters Market size is estimated to cross USD 10 Billion by the end of 2033, growing at a CAGR of 6% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of automotive air filters was around USD 4 Billion. The growth of the market can primarily be attributed to the growing threat of deteriorating air quality index as well as the rising presence of poisonous particles in the air worldwide. Air pollution has triggered several respiratory diseases. Furthermore, air pollution from vehicles on the road has also spurred in demand for the installation of automotive air filters in cars. It is beneficial for both the health and the quality of the vehicle. For instance, as per global research in 2020, it was discovered that up to 57,000 particles per cubic centimeter of poisonous particles were present in some roadside air samples.
Growth in the global automotive air filters market trends such as growing awareness of air pollution worldwide is expected to boost the demand for automotive air filters. Cabin air filters can remove even the smallest allergens and particles from the air, and helps to protect against allergies and lung disorders. An automotive air filter is now treated as an important component as they are essential in maintaining your car's performance. With the recent expansion in the automotive industry as well as sales, the demand for automotive air filters is on the rise amongst automobile manufacturers, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global automotive air filters market during the forecast period. For instance, it is expected that the global automotive industry will generate more than USD 3.5 trillion from auto sales by 2030.
|
Base Year |
2022 |
|
Forecast Year |
2023-2033 |
|
CAGR |
6% |
|
Base Year Market Size (2022) |
USD 4 Billion |
|
Forecast Year Market Size (2033) |
USD 10 Billion |
|
Regional Scope |
|
Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles)
The global automotive air filters market is segmented and analyzed for demand and supply by vehicle type segment into passenger cars, light commercial vehicles, and heavy commercial vehicles. Amongst these segments, the passenger cars segment is anticipated to garner the largest revenue by the end of 2033, backed by the growing number of cars along with the surge in the production of cars worldwide. One of the main reasons for the growth of the passenger car segment is that there is a huge number of potential buyers than sellers. However, the price of cars is also increasing since purchasing volume is higher than production. For instance, a little more than 57 million cars were produced globally in 2021.
Type (Air Intake Filters, Cabin Air Filters)
The global automotive air filters market is also segmented and analyzed for demand and supply by type into air intake filters and cabin air filters. Amongst these three segments, the cabin air filters segment is expected to garner a significant share. The cabin air filter can be installed in any sort of car to remove impurities from the air to provide a better environment for the people, especially for those suffering from lung diseases such as acute bronchitis, asthma, chronic obstructive pulmonary disease (COPD), emphysema, and others. For instance, nearly 60 million people have COPD worldwide, according to the World Health Organization.
Our in-depth analysis of the global market includes the following segments:
|
By Type |
|
|
By Propulsion Type |
|
|
By Vehicle Type |
|
APAC Market Statistics
The Asia Pacific automotive air filters market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2033. The growth of the market can be attributed majorly to the presence of a strong mobility network in the region, a growing number of vehicles, as well as rising concern about increasing incidences of deaths owing to air pollution, along with rising awareness related to transport air pollution amongst the populace. For instance, it was found that every year ~70% of air pollution-related deaths occur in Asia Pacific. Furthermore, an increase in air pollution in the Asia Pacific, triggering lung diseases region-wide is further expected to expand the market size in the region during the forecast period. It was observed that around 90% of Asia Pacific is witnessing a higher rate of air pollution while approximately 3.5 billion people in the region are exposed to levels of air pollution.
Author Credits: Harshita Srivastava, Saima Khursheed
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?