PUBLISHER: Grand View Research | PRODUCT CODE: 1571657
PUBLISHER: Grand View Research | PRODUCT CODE: 1571657
North America Automotive Air Filters Market Size, Share & Trends Analysis Report By Product (Intake Filters, Cabin Filters), By Vehicle (Passenger Cars), By End Use (OEM, Aftermarket), By Region, And Segment Forecasts, 2024 - 2030
North America Automotive Air Filters Market Growth & Trends:
The North America Automotive Air Filters market size is expected to reach USD 1.24 Billion in 2030 and is projected to grow at a CAGR of 4.4% from 2024 to 2030. High penetration of automotive sales as well as presence of many OEMs in the region has resulted in higher penetration of air filters. Large number of vehicles plying on road combined with consumer awareness pertaining to the periodic maintenance will probably trigger the market growth over the forecast period.
Government regulatory bodies strictly monitoring fleet owners average fuel economy along with Clean Air Act implementation will also favor the market growth. Air filters trap dust and other airborne particles which affect the engine efficiency. Absence of or ineffective air filters result in excessive emission with heavy amount of NOx. Air filters is a mandate for all vehicles plying on North American roads and also subjected to air standard checks at regular intervals.
Aftermarket segment dominates the North American automotive air filters market as a result of high number of existing vehicles. All the vehicles are subjected to change the air filters after a certain mileage under scheduled maintenance services. Vehicle maintenance is also monitored by some of the government agencies to keep a check on emission standards.
Although the sales of passenger cars in the U.S and Canada are seeing a downfall in the current years, the presence of a vast number of vehicles plying on these roads is estimated to maintain the demand for automotive air filters during the forecast period. Moreover, increasing number of commercial vehicles is also expected to drive the market growth. However, the rise of electric cars is likely to bring down the air filters demand.
North America Automotive Air Filters Market Report Highlights:
- The North American automotive air filter market value exceeded USD 915.0 million in 2023 and is expected to grow at a CAGR of 4.4% from 2024 to 2030
- The intake filters segment dominated the market and accounted for a share of 52.2% in 2023. Due to stringent emission regulations, increasing vehicle production, and rising consumer awareness of vehicle maintenance.
- Commercial vehicles segment is expected to witness a growth of 4.7% over the forecast period.
- Aftermarket segment is likely to grow at a CAGR of 4.7% and emerge as the fastest growing end-use segment. The aftermarket filters have nearly the same efficiency as the stock filter, further propelling the market.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. North America Automotive Air Filters Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. North America Automotive Air Filters Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
- 3.4.1. Porter's Analysis
Chapter 4. North America Automotive Air Filters Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. North America Automotive Air Filters Market: Product Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Intake Filters
- 4.3.1. Intake Filters Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Cabin Filters
- 4.4.1. Cabin Filters Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. North America Automotive Air Filters Market: Vehicle Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. North America Automotive Air Filters Market: Vehicle Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Passenger Cars
- 5.3.1. Passenger Cars Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Commercial Cars
- 5.4.1. Commercial Cars Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Two-Wheeler
- 5.5.1. Two-Wheeler Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. North America Automotive Air Filters Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. North America Automotive Air Filters Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Original Equipment Manufacturer (OEM)
- 6.3.1. Original Equipment Manufacturer (OEM) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Aftermarket
- 6.4.1. Aftermarket Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. North America Automotive Air Filters Market: Regional Estimates & Trend Analysis
- 7.1. North America Automotive Air Filters Market Share, By Region, 2023 & 2030, USD Million
- 7.2. North America
- 7.2.1. North America Automotive Air Filters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Automotive Air Filters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Automotive Air Filters Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Automotive billion Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles
- 8.4.1. Fildex Filters Canada
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. Parker-Hannifin Corporation
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. K&N Engineering, Inc.
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. Donaldson Company, Inc.
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. Cummins Inc.
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. MANN+HUMMEL
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. ACDelco
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. Hollingsworth & Vose
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Recent Developments/ Strategic Initiatives
- 8.4.9. Lydall, Inc.
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Recent Developments/ Strategic Initiatives
- 8.4.1. Fildex Filters Canada
