Market Size of India Automotive Airfilters Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
India Automotive Air Filters Market Analysis
The India Automotive Airfilters Market is projected to grow with a CAGR of more than 5 % during the forecast period.
- With the increasing air pollution and level of harmful pollutants from automobiles in the country, the government is taking stringent steps towards curbing the pollutants levels in the atmosphere.
- Air cleaners helps in reducing the emission of harmful gases and also increases the engine performance. Increasing awareness about environmental concerns and maximum utilization of engine by the end-user are enhancing the demand for the market.
- The increase in awareness about vehicle performance and environmental concerns is forcing the end-user for timely servicing of the vehicles and changing the spare-parts on a regular basis which is resulting in maximum performance of engine and curbing pollution in the environment.
- However, there is a slowdown in automobile sales and production which is because of the trade-tensions between two major economies of the world China and United States, also the ongoing Pandemic COVID-19 is also responsible for the slowdown in economy as it has forced the world economy to lockdown for almost 3 months and now the growth is expected to resume in the second half of 2021, as the governments are providing stimulus to the demand as well as the supply side to revive the economy.
India Automotive Air Filters Industry Segmentation
The India Automotive AirfiltersMarket report covers a detailed study on the latest trends and innovations in the market which Material Type (Paper Airfilters, Gauze Airfilters, Foam Airfilters and Others), by Type (Intake Filters (Cellulose Intake and Synthetic Intake) and Cabin Filters (Particulate Type and Activated Carbon)) and by Vehicle type (Passenger Cars and Commercial Vehicles). Along with the major players, their strategies, innovations, technological advancements and financials are also covered in the report.
Material Type | |
Paper Airfilter | |
Gauze Airfilter | |
Foam Airfilter | |
Others |
Type | |
Intake Filters | |
Cabin Filters |
Vehicle Type | |
Passenger Cars | |
Commercial Vehicles |
Sales Channel | |
OEMs | |
Aftermarket |
India Automotive Airfilters Market Size Summary
The India Automotive Air Filters Market is poised for significant growth, driven by increasing environmental awareness and government initiatives aimed at reducing vehicular emissions. The demand for air filters is bolstered by the need to enhance engine performance and comply with stringent air quality standards. As consumers become more conscious of vehicle maintenance and environmental impact, there is a growing trend towards regular servicing and replacement of air filters. This shift is further supported by the rise in construction and e-commerce activities, which are expected to boost the demand for commercial vehicles and, consequently, automotive air filters. Despite challenges such as slowed automobile sales due to global trade tensions and the COVID-19 pandemic, the market is anticipated to recover as economic normalcy returns and government stimulus measures take effect.
The market landscape is characterized by a fragmented structure with numerous players, including prominent companies like Mann + Hummel, K&N Engineering, and Purolator Filters LLC, who are actively expanding their product offerings to incorporate advanced technologies. The aftermarket segment, particularly for commercial vehicles, is expected to experience robust growth due to ongoing vehicle maintenance and inspection programs. These programs are crucial for extending the lifespan of vehicles and ensuring compliance with air quality regulations. Additionally, the increasing prevalence of air conditioning systems in vehicles necessitates frequent replacement of cabin air filters to maintain air quality. Companies are investing in research and development to enhance filter efficiency and address emerging concerns, such as contamination control related to the spread of viruses.
India Automotive Airfilters Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porters Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Material Type
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2.1.1 Paper Airfilter
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2.1.2 Gauze Airfilter
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2.1.3 Foam Airfilter
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2.1.4 Others
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2.2 Type
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2.2.1 Intake Filters
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2.2.2 Cabin Filters
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2.3 Vehicle Type
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2.3.1 Passenger Cars
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2.3.2 Commercial Vehicles
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2.4 Sales Channel
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2.4.1 OEMs
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2.4.2 Aftermarket
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India Automotive Airfilters Market Size FAQs
What is the current India Automotive Airfilters Market size?
The India Automotive Airfilters Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in India Automotive Airfilters Market?
Mann +Hummel, K&N Engineering , A.L. Group , Allena Auto Industries Pvt. Ltd. and Purolator Filters LLC are the major companies operating in the India Automotive Airfilters Market.