An exciting new study from the team of Lucintel found that automotive filter market is expected to reach $15.9 billion by 2024 with a CAGR of 2.0%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The automotive filter market is segmented based on product type, vehicle type, end user, and region. In this market, engine air filter is the largest segment by product type, whereas light commercial vehicle is largest by vehicle type. Players can benefit from the available opportunities like rising demand and production of vehicles along with increasing average age of vehicles in operation.
The innovation of engine air filter compact systems in commercial vehicle filters, and the development of multi-filtration systems are emerging trends having impact on dynamics of the industry.
Mann+hummel Holding Gmbh, Mahle International Gmbh, Donaldson Company Inc., NGK Insulators Ltd and Parker Hannifan are some of the major players profiled in this 182 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the automotive filter market by product (fuel filter, engine air filter, oil filter, cabin air filter), vehicle type (passenger cars, light commercial vehicles and heavy commercial vehicles), end user (OEM and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the automotive filter market?
Q.4 What are some changing demands of customers in the automotive filter market?
Q.5 What are the new developments in the automotive filter market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this automotive filter area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in these automotive filter market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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