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     117  0 Kommentare Automotive Filters Market worth $13.1 billion by 2027 - Exclusive Report by MarketsandMarkets - Seite 3

    North America is projected to be the largest aftermarket for automotive filters during the forecast period.

    North America holds the largest automotive filters aftermarket by region, with oil filters leading the aftermarket demand across all vehicle types. The regional market growth is mainly driven by large vehicle parc and an increase in average miles driven per year in the US and Mexico. For instance, air, oil, cabin, and fuel filters require frequent & regular replacements; hence, these are the most replaced filters. Additionally, rising average miles driven and growing urban traffic have shifted the inclination towards automatic transmission such as DCT and CVT, which is expected to be reflected in vehicle parc in coming years. This will drive the demand for transmission oil filters in the aftermarket, mainly for regional passenger vehicles. Thus, rise in vehicle parc and increasing adoption of automatic, continuous variable, and dual clutch transmission systems would drive the aftermarket demand for common filters such as oil, air, fuel, and transmission filters.

    Agricultural tractors would dominate the off-highway vehicles filters market (ICE) over the forecast period.

    Agricultural tractors hold the largest share in the off-highway filters market owing to the increasing adoption of farm tractors in the Asia Pacific region. This growth could be attributed to government financial support to buy farm equipment, increasing crop production, and rising awareness about the advantages of tractors over manual labor. Common filters such as oil filters, fuel filters, and air filters are installed in all categories of farm tractors, irrespective of their power output. On the other hand, cabin filters are experiencing a significant demand in European countries as the tractors with higher power output, owing to larger farm sizes, can be used for multiple applications. However, in Europe and North America, OEMs such as John Deere (US), Farmtrac Tractors (Poland), New Holland (Italy), etc., are offering enclosed AC cabins in small to mid-range tractors, which is expected to benefit the market in the coming time

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    PR Newswire (engl.)
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    Automotive Filters Market worth $13.1 billion by 2027 - Exclusive Report by MarketsandMarkets - Seite 3 CHICAGO, Feb. 7, 2023 /PRNewswire/ - Automotive Filters Market is projected to grow from USD 11.1 billion in 2022 to USD 13.1 billion by 2027, at a CAGR of 3.3% according to a new report by MarketsandMarkets. Increasing global vehicle production is …

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