The North America Automotive Air Filters Market would witness market growth of 5.5% CAGR during the forecast period (2022-2028).
Several companies are involved in producing and distributing a range of goods, notably intake or cabin filters. The introduction of advanced filters that are suitable for different vehicles is the outcome of product technological innovation. Air induction systems, pollen removal, intake manifolds, air cleaners, hydrocarbon absorption, and anti-bacterial & mold-resistant cabin air filters are just a few of the many products some businesses offer. Any engine's combustion process requires air because the oxygen in it aids in the fuel's combustion.
It is effective & results in effluents, efficiency, and engine life when the amount of oxygen needed for full combustion is appropriate. The passage of dust particles from the atmosphere has a significant impact on the wear of the air filter of an internal combustion engine. Reducing the number of particles entering the internal combustion engine's combustion chamber is the air filter's primary goal. More consideration must be given to maintenance tasks to reach this objective. Understanding how early or delayed replacement would affect the engine's lifespan is necessary when changing the air filter.
Mexico is the world's seventh-largest passenger vehicle producer, producing approximately four million cars yearly. At 92 billion dollars in yearly revenue, it is also the second-largest export industry for American auto parts and the fifth-largest automotive parts producer in the world. In the manufacturing and exporting specialized and heavy vehicles, Mexico is ranked fifth in the world. With such a massive automotive industry in the whole region, there is a significant demand for automotive air filters. Therefore, the region provides robust expansion opportunities to the market throughout the forecast period.
The US market dominated the North America Automotive Air Filters Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,097.6 Million by 2028. The Canada market is poised to grow at a CAGR of 7.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.2% during (2022 - 2028).
Based on End User, the market is segmented into Original Equipment Manufacturers (OEMs) and Aftermarket. Based on Product, the market is segmented into Cabin Air Filters and Intake Air Filters. Based on Application, the market is segmented into Passenger Cars, Commercial Vehicles and Two Wheelers. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Automotive Air Filters Market is Predict to reach $5.9 Billion by 2028, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Donaldson Company, Inc., Parker-Hannifin Corporation, Cummins, Inc., Mahle GmbH (Mahle Stiftung GmbH), Freudenberg SE, Valeo SA, Denso Corporation, Hengst SE and K&N Engineering, Inc.
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