"Market Intelligence for High-Geared Performance"

Asia Pacific Automotive Air Filters Market Size, Share & COVID-19 Impact Analysis, By Vehicle Type (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles), By Product Type (Air Intake Filters and Cabin Air Filters), By End-User (OEM and Aftermarket) and Regional Forecast, 2023– 2030

Last Updated: May 27, 2024 | Format: PDF | Report ID: FBI108037

 

KEY MARKET INSIGHTS

Asia Pacific is the fastest-growing region in the global automotive market. Asia Pacific automotive air filters market size is projected to grow at a CAGR of 6.2% during the forecast period. The global market for automotive air filters is projected to grow from USD 5.15 billion in 2022 to USD 8.72 billion by 2030.


Increasing vehicle sales will increase demand for air filters in countries such as China, South Korea and India. As per the OICA report, passenger cars reported sales of over 3.6 million in India, 21.4 million in China, and 3.2 million in South Korea. The upward trend of passenger car sales will directly increase the sales of automotive air filters across the region. Moreover, rising awareness related to efficient vehicle performance, the importance of replacing air filters for passengers' comfort, and improved fuel economy are driving the Asia Pacific automotive air filters market growth. 


LATEST TRENDS


Growing Demand for Advanced Air Filters with Synthetic Fiber to propel the Market Growth


OEMs are taking various steps to offer their customers ever-improving air quality inside vehicles through cutting-edge air purification technologies to help people breathe cleaner air. For instance, in May 2022, Volvo Cars introduced its latest air purification technology, the Advanced Air Cleaner, for its new 90 and 60-series models. The Advanced Air Cleaner has been certified asthma-allergy friendly by Allergy Standards Limited (ASL), designed to remove up to 99.9% of grass and weed pollen allergens from incoming air.


DRIVING FACTORS


Rapid Uptick in Investment by foreign OEMs is anticipated to Propel Market Growth


The sharp uptick in Foreign Direct Investment (FDI) in the automotive sector in countries including India, China, and Japan will drive the market growth of automotive air filters in the region. For instance, the automobile sector in India attracted USD 4.9 billion of FDI in the fiscal year 2022.


Similarly, the improvement in industrial capabilities in China has been augmented through several joint ventures between the state-owned Chinese organizations and the U.S., Japanese, German and South Korean brands. Companies, including Honda, VW, GM, Toyota, Nissan, Buick, Ford, Hyundai, Kia, and Daimler-Benz, manufacture locally in China with a local partner.


With the growth of local manufacturing capabilities, aftermarket services, and technical know-how, home-grown Chinese brands emerged as a global export market. This will accelerate the deployment of these filters across the region.


RESTRAINING FACTORS


Growing Trade Tension between China and the U.S. Impacts the Automobile Sector 


The slowdown in production and sales of passenger cars and commercial vehicles owing to the trade tension between two major economies, China and the U.S., in tandem with the ongoing impact of the COVID-19 pandemic, has impacted the automotive industry. For instance, China increased the tariffs on U.S. manufactured automobiles from 15% to 40% in retaliation to U.S. tariffs. The rise in tariff rates and quotes will limit the growth of the automotive sector, which might restrain the market growth.


KEY INDUSTRY PLAYERS


In terms of the competitive landscape A.L. SHANGHAI AUTOMOTIVE, Zenith Auto Industries (P) Ltd., ELOFIC INDUSTRIES LIMITED, Mann+ Hummel GmbH are the key players in the Asia Pacific market, owing to strong product offerings, active involvement in R&D investments for the acceleration of product launches and approvals in the forecast period.


Other prominent players, such as Denso Corporation, Cummins, and Robert Bosch GmbH, are also leading the market due to their strong distribution network and diverse product portfolio. Other major players are K&N Engineering, Inc., Ahlstrom Corporation, and Hengst SE. These companies are focused on strengthening their product portfolio and distribution network through strategic collaboration and partnerships to increase their part in Asia Pacific automotive air filters market share.


LIST OF KEY COMPANIES PROFILED:



KEY INDUSTRY DEVELOPMENTS:



  • August 2021: Honda Cars partnered with Freudenberg to launch a new antivirus cabin air filter as an official automobile accessory in India. The new air filter is designed to remove harmful germs, pollutants and viruses from the vehicle to keep the driver and passengers safe.

  • February 2020: Geely, a Chinese car company, launched an air-filtration system for its compact SUV model, capable of purifying air of viruses and bacteria. The car's system is certified to filter out 95% of small particles to ensure the better health of passengers.


REPORT COVERAGE


To gain extensive insights into the market, Request for Customization


The market report provides a detailed analysis of the market. The report provides an automotive application type market analysis and focuses on key aspects such as leading companies, product/service types, and leading product applications. Besides, the report offers insights into the market trends and highlights key industry developments. In addition to the factors above, the report encompasses several factors that contributed to the market's growth in recent years.


Report Scope & Segmentation


























































  ATTRIBUTE



  DETAILS



Study Period



2019-2030



Base Year



2022



Estimated Year



2023



Forecast Period



2023-2030



Historical Period



2019-2021



Growth Rate



CAGR of 6.2% from 2023 to 2030



Unit



Value (USD billion) & Volume (Thousand Units)



Segmentation



Vehicle Type; Product Type; End-User; and Country/ Sub-Region



By Vehicle Type




  • Passenger Cars

  • Light Commercial Vehicles

  • Heavy Commercial Vehicles



By Product Type




  • Air Intake Filters

  • Cabin Air Filters



By End-User




  • OEM

  • Aftermarket



By Country/ Sub-Region




  • China (By Vehicle Type, Product Type, End-User)

  • India (By Vehicle Type, Product Type, End-User)

  • Japan (By Vehicle Type, Product Type, End-User)

  • South Korea (By Vehicle Type, Product Type, End-User)

  • Rest of Asia Pacific (By Vehicle Type, Product Type, End-User)






Frequently Asked Questions

Growing at a CAGR of 6.2%, the market will exhibit steady growth in the forecast period (2023-2030).

The rapid uptick in investment by foreign OEMs in the Asia Pacific market is anticipated to propel the market growth.

A.L. SHANGHAI AUTOMOTIVE, Zenith Auto Industries (P) Ltd., ELOFIC INDUSTRIES LIMITED, and Mann+ Hummel GmbH are the key players in the Asia Pacific market.

China dominated the market in 2022.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
  • 2019-2030
  • 2022
  • 2019-2021
  • 150

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X