Oil Filter & Fuel Filter Market Expected $18.6 Billion in 2018

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MarketsandMarkets Presents
Oil Filter Fuel Filter Market Expected 18.6
Billion in 2018
http//www.marketsandmarkets.com/Market-Reports/oi
l-fuel-filter-market-1262.html
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The report, Oil Filter Fuel Filter Market by
Vehicle Type (Passenger Cars, LCVs HCVs),
Market Type (OE Aftermarket), Filter Type (Oil
Fuel), Fuel Type (Gasoline Diesel)
Geography - Industry Trends Forecast to 2018,
defines and segments the global automotive oil
and fuel filters market with analysis and
forecasting of the global volume and revenue. The
market for automotive oil filters is estimated to
reach a revenue of 6.1 billion in 2018, while
fuel filter market is expected to grow to 12.5
billion in 2018. Browse gtgt
129 data tables 99 figures
385 pages and in-depth TOC on
Oil Filter Fuel Filter Market
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will receive 10 customization of reports.
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Asia-Pacific From Follower to Leader For the
past few years, Asia-Pacific has been the major
market for investment and expansions for the
automotive industry. With the vast population and
increasing disposable income of consumers in the
countries of China and India, major automobile
manufacturers such as BMW, Volkswagen Group,
Mercedes Benz have already setup their
manufacturing units in these countries to
capitalize on the opportunity they provide. The
Asia-Pacific region, home to some of the largest
automobile producers such as Honda, Mazda, Toyota
etc. along with the growing markets of India and
South Korea, the region has been spearheading the
automotive industry for the last few years and is
expected to continue on its path to glory in the
near future. The region is expected to witness a
fast growth in its vehicle parc alongside the
growth in the automotive manufacturing industry.
These two factors coupled together are expected
to catapult the market into the top spot over the
period from 2013 to 2018. The regions oil and
fuel filters market is expected to grow at a CAGR
of 14.90 over the forecasted period.
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l-fuel-filter-market-1262.html
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LCVs Raging Bull Light commercial vehicles
have been traditionally associated with the
commercial side more than the personal side of
their usage. But, with more and more budding
small scale businesses and demand for spacious
vehicles, these vehicles have gained considerable
market share over the past few years and are
expected to continue on their growth path over
the next five years as well. The LCVs market is
expected to be the strongest in the North
American region, while Asia-Pacific is expected
to be at the second spot in this segment. The
global LCV oil and fuel filters market voluems
are estimated to grow at CAGRs of 9.24 and
11.97 respectively over the next five years.
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l-fuel-filter-market-1262.html
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Diesel Engines Providing Economy and
Performance Gasoline engines have enjoyed
preferential treatment from automotive
manufacturers as well as the consumers on account
of the performance advantages they hold over
diesel engines. But, with continuous advancements
in diesel technology, diesel engines have slowly
bridged this gap in performance and have come
very close to providing the same levels of these
parameters as that of gasoline engines, while
providing much better fuel economy figures. In
these times of high fuel prices, this has turned
out to be a very lucrative proposition for the
automotive manufacturers who have cashed in on
the increasing demand for diesel engines by
launching diesel variants of their popular models
as well as developing new vehicles with diesel
powertrains. This has led to diesel acquiring
larger shares of the market year by year. Thus,
this would give rise to increase in the
installation of more oil and fuel filters in
diesel vehicles.
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l-fuel-filter-market-1262.html
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The report encompasses automotive oil and fuel
filters market in terms of volume (OE - 000
units Replacement market - million units) and
revenue (million) across regions such as
Asia-Pacific, Europe, North America and Rest of
the World (ROW). It explains the qualitative and
quantitative aspects of oil and fuel filters with
respect to technology and advancements over the
course of history. Apart from geographic
segmentation, the report also covers the OE as
well as the replacement market for these filters
segmented by filter type, fuel type, and vehicle
type. This report also shows an overview of the
technical as well as other important aspects of
the automotive oil and fuel filters market. It
includes the value chain, Porters five forces
analysis, the competitive landscape, and company
profiles for major players in the market for
these components.
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l-fuel-filter-market-1262.html
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