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Automotive Cabin AC Filter Market Global Analysis

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The report provides analysis and detailed insights into the global Automotive Cabin AC Filter Market in terms of market value (US$ Mn) and market volume (‘000 units).
Global Market Study on Automotive Cabin AC
Filter: Passenger Cars Segment to Account for
Largest Market Share of 76.3% by 2016 End
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Report Media Releases
Global Automotive Cabin AC Filter Market Estimated to be
Valued at US$ 2,198.4 Mn by 2016; APAC Market to
Register Value CAGR of 10.5% Between 2016 and 2024
A new Persistence Market Research report titled “Automotive Cabin AC Filter Market: Global
Industry Analysis and Forecast, 2016–2024” presents market projections for the global automotive
cabin AC filter market over an eight-year forecast period (2016–2024). The global automotive
cabin AC filter market is estimated to be valued at US$ 2,198.4 Mn by the end of 2016 and is
M a r k e t
expected to reach US$ 3,738.2 Mn by the end of 2024, expanding at a CAGR of 6.9% over the
forecast period. Global consumption of automotive cabin AC filters is estimated to be pegged at
366,547 thousand units by the end of 2016 and is expected to increase at a CAGR of 4.9% over
the forecast period.
Market dynamics
Demand for automotive cabin AC filters is expected to increase at a significant rate due to steady
rise in vehicle production around the globe. Rising adoption of automotive cabin AC filters to filter
pollutants and dust particles and a rising demand for efficient HVAC systems are major factors
expected to drive the demand for automotive cabin AC filters worldwide. Cabin AC filters are an
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integral part of the HVAC system in vehicles. However, many vehicle owners are not aware that
this system exists in a vehicle, and hence they are unaware about the replacement cycle of the
cabin AC filter. This factor is expected to marginally restrain the growth of the automotive cabin
AC filter market over the forecast period.
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http://www.persistencemarketresearch.com/samples/11359
Market highlights
The global automotive cabin AC filter market is segmented on the basis of filter type
(electrostatic, particulate, charcoal), vehicle type (passenger cars, LCV, HCV), and sales
channel (OEM, aftermarket). Persistence Market Research projections indicate that the
particulate filter type segment is likely to expand at a significant CAGR of 6.2% in terms of value
over the forecast period. The electrostatic filter type segment is expected to register a volume
CAGR of 7.1% over the forecast period. “The electrostatic segment is likely to exhibit steady
growth in the near future due to the rising adoption of cabin AC air filters in the OEM and
Global Global Automotive Cabin AC Filter Market 2016-2024
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aftermarket categories in countries such as China, India, Brazil, and countries of MEA.” --Analyst, Persistence Market Research.
The passenger car vehicle type segment is estimated to account for the largest market share of
76.3% by the end of 2016. This segment estimated to be valued at US$ 1,677.0 Mn by 2016 end
and is expected to reach US$ 2,913.6 Mn by the end of 2024, expanding at a CAGR of 7.1%
over the forecast period. The segment is expected to grow 1.7X in terms of value between 2016
and 2024.
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The OEM sales channel segment is expected to expand at a CAGR of 5.6% over the forecast
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period while the aftermarket sales channel segment is expected to be the most attractive
segment in terms of CAGR and market share index throughout the forecast period.
Among regions, the market in Asia Pacific is expected to witness a relatively high CAGR of
10.5% in terms of value over the forecast period. North America and Europe are expected to
contribute significant value share to the global automotive cabin AC filter market throughout the
forecast period. The market for cabin AC filters is mature in Europe and North America as almost
all the passenger cars are equipped with cabin AC filters.
Vendor details
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The report profiles some of the leading market players in the global automotive cabin AC filter
market – Mann+Hummel GmbH, Sogefi SpA, Donaldson Company, Inc., Robert Bosch GmbH,
Denso Corporation, Ahlstrom Corporation, MAHLE GmbH, Freudenberg & Co. KG, Hengst SE &
Co. KG, ALCO Filters Ltd., K&N Engineering, Inc., EuroGIELLE S.r.l, ACDelco, and Airmatic
Filterbau GmbH.
Global Global Automotive Cabin AC Filter Market 2016-2024
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Global Global Automotive Cabin AC Filter Market 2016-2024
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