Automotive AC Filter Market - Global Forecast to 2025

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Automotive AC Filter Market- Global Industry
Insight, Trends, Outlook, and Opportunity
Analysis 2017-2025

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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.
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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
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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.co
m/insight/request-discount/1669
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