The new report by Expert Market Research titled, ‘Global Automotive Diesel Filter Market Size, Share, Price, Report and Forecast 2023-2028’, gives an in-depth analysis of the global automotive diesel filter market, assessing the market based on its segments such as applications, distribution channels, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2018-2028)
• Forecast CAGR (2023-2028): 1.8%
Significant expansion of the automotive industry and favourable economic reforms in developing countries are likely to propel the global automotive diesel filter market. Rising concerns about the environment and stringent emission standards applicable to the automotive industry enacted by regulatory bodies are anticipated to drive the automotive fuel filter market. The automotive diesel filter market is being driven by the environmental regulations laid down by the governments and emission bodies for environmental safety, such as the National Program for Greenhouse Gas Emissions implemented by the United States Environmental Protection Agency. Also, the increasing demand for vehicles in the emerging economies like India is enhancing the global automotive diesel filter market.
Automotive Diesel Filter Industry Definition and Major Segments
By blocking the entry of pollutants such as bacterial, pollens, exhaust fumes, and others into the engine and carburettor of cars and other vehicles, automotive filters assist to reduce automotive air pollution, increase vehicle service life, and reduce vehicle maintenance costs. The diesel filter works by preventing dirt particles from entering the engine, allowing the engine to run more smoothly and so extending the service life of the vehicle.
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The major applications of the market are:
- Passenger Car
- Commercial Vehicle
The several distribution channels of the market are divided into:
- OEM
- Aftermarket
On the basis of region, the market is segmented into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Automotive Diesel Filter Market Trends
The advancements in automotive diesel filters can propel the growth of the global market during the forecast period. Car diesel filters continue to witness lucrative opportunities across the countries on the backdrop of the increasing automotive diesel vehicle production and increasing sales for diesel vehicles across the world. Rising market consumer expectations and preferences for cars with high efficiency is augmenting the demand for car diesel filters. Moreover, with the increasing demand for optimum efficiency and performance, automotive diesel filters are being increasingly integrated to prevent the accumulation of contaminants, dirt, and debris. This factor is likely to propel the growth of the automotive diesel filter market in the coming years.
Key Market Players
The major players in the market are Robert Bosch GmbH, MANN+HUMMEL International GmbH & Co. KG, MAHLE GmbH, Sogefi SpA, DENSO Corporation, General Motors Company, Hengst SE, K&N Engineering, Inc., Toyota Boshoku Corporation, and Valeo Service SAS, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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