Market Overview:
The global commercial vehicle air filter market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The market is expected to be valued at US$ 3,521.4 Mn by 2030 end. The growth of the global commercial vehicle air filter market can be attributed to increasing demand for commercial vehicles across the globe. In addition, growing awareness about the benefits of using air filters in vehicles is also propelling the growth of this market. Air filters play an important role in improving engine performance and reducing emissions from vehicles. They help remove dust, dirt, and other pollutants from the air before it enters into the engine cylinders.
Product Definition:
A commercial vehicle air filter is a device that removes solid particulates and liquid droplets from the air in a commercial vehicle. It is important for the health and safety of the occupants of the commercial vehicle, as well as for the proper functioning of the engine.
Dry-type Air Filter:
Dry-type air filters are used to clean the cabin air of pollutants and dust. They have a rating range from 0 to 100% depending on the efficiency of the filter media. The efficiency is determined by three main factors including surface area, pore size, and oil absorption capacity.
Wet-type Air Filter:
Wet-type air filter is a type of air filter used in the automotive industry to remove dust and airborne particles from the vehicle's intake system. It works by absorbing moisture and contaminants from the surrounding environment through a chemical reaction. The wet-type air filters are made up of materials such as activated carbon, coconut shell charcoal, polyester fiber, etc., which help in trapping harmful contaminants inside the filter media.
Application Insights:
The original equipment (OE) application segment accounted for the largest revenue share of over 70.0% in 2017 and is projected to witness significant growth during the forecast period. The growing importance of filters that can withstand high temperatures and provide efficient air flow without compromising on engine performance is anticipated to drive product demand in this application segment.
Commercial vehicles are majorly used for transporting goods within a city as well as from one place to another across various cities or countries. Thus, these vehicles require filters that can resist extreme temperatures while providing sufficient airflow so that all the components inside the vehicle get oxygenated properly and combustion takes place efficiently thus reducing fuel consumption and increasing fuel efficiency which eventually reduces carbon emissions thus offsetting any potential impact of regulations related to green house gas emission reduction on manufacturers/suppliers involved in OE applications only.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing disposable income, rising vehicle production and sales, and stringent government regulations regarding vehicular emissions in China. In addition, growing demand for commercial vehicles in India owing to rapid urbanization is anticipated to drive regional market growth over the forecast period.
Europe accounted for a significant share of global revenue in 2017 owing to high demand from OE manufacturers as well as aftermarket customers due to stringent emission norms implemented across European countries such as U.K., Germany, Spain, Italy etc., which are likely boost regional product demand further.
Growth Factors:
- Increasing demand for commercial vehicles due to rising urbanization and industrialization
- Growing awareness about the benefits of air filters among commercial vehicle operators
- Stringent emission norms across developed and developing countries
- Technological advancements in air filter technologies
- Rising disposable income of consumers, especially in developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Vehicle Air Filter Market Research Report
By Type
Dry-type Air Filter, Wet-type Air Filter
By Application
OE, Aftermarket
By Companies
DENSO, Cummins, MANN+HUMMEL, K&N Engineering, Bosch, ACDelco, Ahlstrom, ALCO Filters, Baldwin Fi Donaldson Company, Freudenberg Ftration Technologies, DENSO, Hengst, Luber-Finer, Lyndall, MAHLE, Scania, Sogefi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Vehicle Air Filter Market Report Segments:
The global Commercial Vehicle Air Filter market is segmented on the basis of:
Types
Dry-type Air Filter, Wet-type Air Filter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OE, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DENSO
- Cummins
- MANN+HUMMEL
- K&N Engineering
- Bosch
- ACDelco
- Ahlstrom
- ALCO Filters
- Baldwin Fi Donaldson Company
- Freudenberg Ftration Technologies
- DENSO
- Hengst
- Luber-Finer
- Lyndall
- MAHLE
- Scania
- Sogefi
Highlights of The Commercial Vehicle Air Filter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry-type Air Filter
- Wet-type Air Filter
- By Application:
- OE
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Vehicle Air Filter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A commercial vehicle air filter is a device that is installed on a commercial vehicle to remove dust, pollen, and other airborne particles.
Some of the key players operating in the commercial vehicle air filter market are DENSO, Cummins, MANN+HUMMEL, K&N Engineering, Bosch, ACDelco, Ahlstrom, ALCO Filters, Baldwin Fi Donaldson Company, Freudenberg Ftration Technologies, DENSO, Hengst, Luber-Finer, Lyndall, MAHLE, Scania, Sogefi.
The commercial vehicle air filter market is expected to register a CAGR of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Vehicle Air Filter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Vehicle Air Filter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Vehicle Air Filter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Vehicle Air Filter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Vehicle Air Filter Market Size & Forecast, 2018-2028
4.5.1 Commercial Vehicle Air Filter Market Size and Y-o-Y Growth
4.5.2 Commercial Vehicle Air Filter Market Absolute $ Opportunity
Chapter 5 Global Commercial Vehicle Air Filter Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commercial Vehicle Air Filter Market Size Forecast by Type
5.2.1 Dry-type Air Filter
5.2.2 Wet-type Air Filter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commercial Vehicle Air Filter Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commercial Vehicle Air Filter Market Size Forecast by Applications
6.2.1 OE
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Vehicle Air Filter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Vehicle Air Filter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commercial Vehicle Air Filter Analysis and Forecast
9.1 Introduction
9.2 North America Commercial Vehicle Air Filter Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commercial Vehicle Air Filter Market Size Forecast by Type
9.6.1 Dry-type Air Filter
9.6.2 Wet-type Air Filter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commercial Vehicle Air Filter Market Size Forecast by Applications
9.10.1 OE
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commercial Vehicle Air Filter Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial Vehicle Air Filter Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commercial Vehicle Air Filter Market Size Forecast by Type
10.6.1 Dry-type Air Filter
10.6.2 Wet-type Air Filter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commercial Vehicle Air Filter Market Size Forecast by Applications
10.10.1 OE
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commercial Vehicle Air Filter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial Vehicle Air Filter Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commercial Vehicle Air Filter Market Size Forecast by Type
11.6.1 Dry-type Air Filter
11.6.2 Wet-type Air Filter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commercial Vehicle Air Filter Market Size Forecast by Applications
11.10.1 OE
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commercial Vehicle Air Filter Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial Vehicle Air Filter Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commercial Vehicle Air Filter Market Size Forecast by Type
12.6.1 Dry-type Air Filter
12.6.2 Wet-type Air Filter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commercial Vehicle Air Filter Market Size Forecast by Applications
12.10.1 OE
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commercial Vehicle Air Filter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial Vehicle Air Filter Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commercial Vehicle Air Filter Market Size Forecast by Type
13.6.1 Dry-type Air Filter
13.6.2 Wet-type Air Filter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commercial Vehicle Air Filter Market Size Forecast by Applications
13.10.1 OE
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Vehicle Air Filter Market: Competitive Dashboard
14.2 Global Commercial Vehicle Air Filter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DENSO
14.3.2 Cummins
14.3.3 MANN+HUMMEL
14.3.4 K&N Engineering
14.3.5 Bosch
14.3.6 ACDelco
14.3.7 Ahlstrom
14.3.8 ALCO Filters
14.3.9 Baldwin Fi Donaldson Company
14.3.10 Freudenberg Ftration Technologies
14.3.11 DENSO
14.3.12 Hengst
14.3.13 Luber-Finer
14.3.14 Lyndall
14.3.15 MAHLE
14.3.16 Scania
14.3.17 Sogefi
