Europe Automotive Filters Market size was over USD 5 billion in 2019 and industry expects to witness significant gains at over 5.6% by 2026. Automotive filters are protective system designed to prevent vehicle parts such as engine, radiator and fuel lines form harmful debris. These filters ensures high performance efficiency, fuel economy and increased service life of automobiles. Increase in vehicle production along with growth in traffic levels will instigate growth prospects for market advancement. Market compulsion due to dynamic and rapid changes in the choices and approaches of the automobile industry is further likely to support product demand over the forecast period.
Strict government norms pertaining to harmful emission are anticipated to benefit the industry growth. For instance, Euro 6 standards introduced by European Union in September 2015 for exhaust emissions will have a profound impact on sales of different auto filters across European countries. This new norm requires the utilization of particulate filters on GDI engines, in addition to improved fuel-injection techniques which will complement the product sales.
Air filter product dominate the Europe automotive filter market share in 2019. Growing utilization of automotive air filters to prevent pollen, asphalt and dust particles to enter inside engine is likely to influence market growth. There are two types of air filters including cabin and intake air filters. These products are predominantly used for enhancing automotive performance and improve automotive interior air quality. Growing prevalence of respiratory diseases among population due to increasing harmful emissions from automobiles should propel the product demand.
Rising product demand in light and heavy commercial vehicle application owing to need for driver’s safety and enhancing vehicle performance will propel the market growth. These vehicle covers a large distance and needs continuous supply of air to run smoothly, thus driving product demand. Increasing logistics activity owing to rising ecommerce and industrialization has increased commercial vehicle segment demand which should accelerate Europe automotive filters market growth.
Europe automotive filters sales from aftermarket was valued over 2.4 billion in 2019. Attributes such as low cost and high replacement rate offered by automotive aftermarket will support the aftermarket industry growth. Growing number of aftermarket performance filters has urged automotive enthusiasts to replace the OEM filter for the same purpose available at lower cost. Availability of wide variety of aftermarket performance filters for the same type of OEMs at low cost will influence the segment growth.
Germany automotive filter market revenue was over USD 535 million in 2019. Germany medium and heavy commercial vehicles and total vehicle sale witnessed an increasing trend from 2015 to 2016. Growing commercial vehicles demand in the country owing to increased supply chain operations will have a positive impact on automotive industry growth thereby propelling product demand.
Europe automotive filter market share is competitive with key players including Freudenberg Filtration Technologies, Hengst SE, Hollingsworth and Vose Inc., Mahale GmbH, and Mann+Hummel. Manufacturers focus on collaborations, strategic acquisitions, as well as new product launches to gain competitive advantage.