automotive air filters market research report to 2020: grand view research, inc.
Com has announced the addition of a market research report on \"Auto Market Analysis and Market Segmentation Forecast to 2020\" in their database.
The global market for air filters for automobiles is expected to reach $6.
10 billion according to a new study by Grand View Research, Inc. , by 2020
Due to the increase in disposable income and the increase in industrial rate, the demand for the automobile industry, especially the BRIC automobile industry, is growing, and is expected to remain a key driver of the market.
Consumers\' awareness of health barriers caused by air pollution in the car is increasing and is expected to have a positive impact on market growth.
The environmental hazards associated with an internal combustion engine vehicle have led to the growth of electric vehicles, which have negligible emissions, but also require less maintenance of the engine.
The growth of the electric vehicle industry is expected to challenge the demand for automotive air filters during the forecast period.
Cabin Filters dominate the world of automotive air filter products products, accounting for 51.
3% of total market revenue in 2013.
Cabin filters are also expected to be the fastest growing product segment, with a compound growth rate of 8 expected.
5% from 2014 to 2020.
Consumers are turning to reduce bad smells and minimize health barriers caused by air pollutants inside the car and are expected to stimulate demand for cabin air filters during the forecast period.
Browse the complete research report of the global automotive air filter market: further key findings of the study proposal: read the detailed report or request a sample of this study report: For the purposes of this study, grand View Research segment the automotive air filter market based on products, applications, and terminals
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