The Automotive Hydraulic Filters Market is valued at USD 21.45 Billion in 2021 and is expected to reach USD 29.23 Billion by 2028 with a CAGR of 4.52% over the forecast period.
Automotive hydraulic filters are used to protect the hydraulic system components from damage due to contamination of oils or other hydraulic fluid in use caused by particles. Generally, a filter consists of fabricated steel housingwith an inlet and an outlet. The filter elements or matter are held in position by springs or other retaining devices. Because the filter element is not capable of being cleaned, that is, when the filter becomes dirty, it is discarded and replaced by a new one. Particle sizes removed by filters are measured in microns. A hydraulic filter helps to remove these particles and clean the oil on a continuous basis. The performance for every hydraulic filter is measured by its contamination removal efficiency such as high dirt-holding capacities. Almost every hydraulic system contains more than one hydraulic filter.
Automotive Hydraulic filters market is segmented on the basis of filter type, filter material, vehicle type, sales channel and region and country level. Based on filter type, the market is divided into bag filter, screen filter and magnetic filter. Based on filter material, the market is classified into metal screens, wire mesh, synthetics and micro glass. Based on vehicle type, the market is classified into passenger cars and commercial vehicles. Based on sales channel, the market is classified into OEM and aftermarket.
The regions covered in this Automotive Hydraulic Filters Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Automotive Hydraulic Filters Market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key players of the Automotive Hydraulic Filters Market are
Increasing Demand of Automotive Vehicles is Key Factor Driving the Growth Of Global Automotive Hydraulic Filters Market.
Vehicle production in the world increased from 94,976,569 units in 2016 to 97,302,534 units in 2017 by the International Organization of Motor Vehicle Manufacturer and this accelerate the growth of the global automotive hydraulic filters market. Increasing urbanization, growing demand of vehicles from customers and awareness about the benefits of regular maintenance of vehicles are some the factors boosting the growth of automotive Hydraulic filters market within the forecast period. However, customer’s inclination towards the electric vehicles may restrain the global automotive hydraulic filter market growth. In spite of that, increasing demand of fuel efficient filters and emission regulation can be an opportunity for the automotive Hydraulic filters market growth.
Asia Pacific is Expected to Witness a Lucrative Growth in the Global Automotive Hydraulic Filters Market
Asia Pacific region is expecetd to witness a significant growth in the global automotive Hydraulic filters market owing to the increasing automobile industry in countries like India & china. Large number of customers & increasing annual income of people and large investment in manufacturing of automotive vehicles are also expected to foster the demand of automotive Hydraulic filters in this region. European region is expecetd to capture a significant market share of automotive hydraulic filters market due to the increasing demand and production of automobile in the this region. Increasing urbanization and demand of vehicle from customers is also supplementing the growth of automotive Hydraulic filters market.
Middle East and Africa
|2015 - 2020
|2021 - 2028
|Market Size in 2021:
|USD 21.45 Billion
|Base year considered
|Forecast Period CAGR %:
|Market Size Expected in 2028:
|USD 29.23 Billion
|Tables, Charts & Figures:
|Parker Hannifin Corporation, Baldwin Filters, Inc., Pall Corporation, HYDAC Technology Corporation, SMC Corporation, Rexroth Bosch Group, Donaldson Company, Inc., UFI Filters SPA, Mahle GmbH, Schroeder Industries, Rank Group Limited (UCI-FRAM), Hengst Se & Co. KG, AC Delco Inc., and others.
|By Filter Type, By Vehicle Type, By Sales Channel
|North America, U.S., Canada, Europe, Germany, France, U.K., Italy, Spain, Sweden, Netherland, Turkey, Switzerland, Belgium, Rest of Europe, Asia-Pacific, South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC, Latin America, Mexico, Colombia, Brazil, Argentina, Peru, Rest of South America, Middle East and Africa, Saudi Arabia, UAE, Egypt, South Africa, Rest Of MEA
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