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The research report on automotive ac filter market segments the global market by filter type (Particulate, Charcoal, and Electrostatic), by vehicle type (Passenger Cars and Heavy & light commercial vehicles), by sales channel (Original Equipment Manufacturer (OEM) and Aftermarket), and by region - Global Forecast to 2025"
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Automotive AC Filter Market- Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2017-2025 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Automotive AC Filter Market Overview Automotive AC filter is responsible for reducing impurities and pollutants entering into the engine through air condition system, air circulation, and heating. This is an important part of a vehicle that helps to protect passengers against harmful bacteria, dust, and smog. This in turn reduce dust accumulation in vehicles and enhances the performance of engines. Market Driver: Various economies are imposing stringent norms related to emission of CO2, which is also accelerating automotive AC filter adoption worldwide. For instance, California legislature passed a bill establishing the most extensive carbon dioxide (CO2) emission controls. The law requires a 25% reduction in state CO2 emissions by 2020, with the first major cut taking effect in 2012. Also, presence of various environment regulatory bodies such as Environmental Protection Agency (EPA), offers legal authority to monitor and regulate greenhouse gas emissions. © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION North America Automotive AC Filter Market is expected to grow at highest CAGR The market for North America is expected to grow at highest CAGR over the forecast period from 2018 to 2025. This growth is attributed to stringent government regulation regarding emission control, which is major factor driving the regional market growth. For instance, Corporate Average Fuel Economy (CAFÉ) Standards in the U.S. is propagating adoption of energy efficient automotive by formulating regulations for reduction of greenhouse gas emissions and promoting development of innovative technologies to increase their reliance on renewable and conservation of energy sources. This in turn creates a highly conducive environment for growth of the global automotive AC filter market. Moreover, another key factor propelling regional market growth is increasing passenger car sales. The U.S. accounted for largest share in North America passenger car sales in 2017. According to Organization Internationale des Constructeurs d'Automobiles (OICA), in 2017, around 11,302,188 units of passenger cars were sold, among which in the U.S. around 6,096,111 units of passenger cars were sold. Hence, increasing adoption of passenger cars in country is propelling demand for AC filters to meet regulatory demand from the U.S. government. Request Sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/1669 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION The market for AC filter in Europe is expected to grow at significant rate over the forecast period from 2018 to 2025. This growth is attributed to growing government concern for the reduction of CO2 emission. For instance, the European Union has set its own emissions standards. EU Regulation No 443/2009 sets an average CO2 emissions target for new passenger cars of 130 grams/kilometer. A target of 95 grams/kilometer will be applicable from 2021. Germany is the leading country fueling regional automotive market growth, which is further accelerating automotive AC filter market growth. Germany accounted for largest share in passenger car sales in Europe in 2017. Increasing passenger car sales has propelled the demand for start-stop batteries due to increasing inclination towards pollution free vehicles. According to OICA, in 2017, around 3,442,100 units of passenger cars were sold in Germany up from 3,351,607 in 2016. These factors are propelling regional automotive AC filter market growth. To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/1669 © Coherent market Insights. All Rights Reserved
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