Automotive Cabin AC Filter Industry analysis, share, sales, growth, revenue, typ

Posted by rohit on November 16th, 2020

Market Overview

Automotive cabin AC filter is a component that filters out dangerous floating particles namely exhaust particles, dust, and foul smell from entering the automobile cabin environment via ventilation and heat system. The primary objective of the filter is to maintain quality of air within the cabin of the vehicle. Moreover, it minimizes wear and tear of the vehicle’s heating, ventilation, and air conditioning systems. On the basis of filter type, the market is segmented into particulate, electrostatic, and charcoal. On the basis of vehicle type, it is segmented into passenger cars, LCV, and HCV. Furthermore, on the basis of sales channel, it is segmented into OEM and aftermarket.

The global automotive cabin AC filters market is estimated to account for US$ 2,660.2 Mn in terms of value and 419,999 Thousand Units in terms of volume by the end of 2019

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Market Dynamics

Automotive sales have increased significantly in the recent past, which has accelerated the demand for cabin AC filters. According to the International Organization of Motor Vehicle Manufacturers (OICA), automobile production is growing at a rate of around 4% annually since 2010. According to the same source, in 2011, the global automobile production pegged at 79 million units comprising of both passenger and commercial vehicles, growing steadily to 89 million units in 2015. Increasing demand for vehicles has encouraged automakers to improve production output to accommodate growth, thereby driving the demand for cabin AC filter. Therefore, these factors are expected to boost the market growth in the near future.

The HAVC system installed in vehicles does not strain out the air present on the outside of the vehicle, which is frequently polluted with impurities aging ranging from chemical to biological such as dust, pollen, microorganisms, suspended chemical and exhaust particles, and other airborne particles. These particles are directly traveled inside the cabin of the vehicle. Furthermore, HAVC systems are operated in a closed environment, these pollutants remain trapped inside the vehicle, which increases the concentration of potentially hazardous contaminants in the cabin. Therefore, introduction of cabin AC filters in automobiles has been a key addition, become a mandatory feature in all modern vehicles. This, in turn, is expected to boost the market growth over the forecast period.

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Key players operating in the global Automotive cabin AC filters are Cummins Filtration Inc., Denso Corporation, Donaldson Company Inc., Freudenberg Filtration Technologies SE & Co. KG, K&N Engineering Inc., Lydall Inc., Mahle GmbH, Mann+Hummel, PARKER HANNIFIN CORP, Robert Bosch GmbH, Roki Co. Ltd, SogefiS.p.A., Toyota Boshoku Corporation Valeo S.A., and others

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rohit

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rohit
Joined: February 6th, 2020
Articles Posted: 341

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