Heavy Duty Road Filtration Aftermarket Share, Growth, Trends, Size and Forecast 2023-2028
According to the latest report by IMARC Group “Heavy Duty Road Filtration Aftermarket: Industry Analysis, Size, Share, Trends, Growth Rate, Research Report, Opportunity and Forecast 2023-2028“. The global heavy duty road filtration aftermarket size reached US$ 2.73 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.92 Billion by 2028, exhibiting a growth rate (CAGR) of 6.05% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
The heavy duty road filtration aftermarket deals with aftersales of filtration systems by separating elements and removing debris. It comprises an engine air filter, cabin air filter, oil filter, and fuel filter that are manufactured from glass fibers. It is a cost-effective way to maximize operational efficiency and achieve health, safety, and financial performance goals by providing clean air solutions to workers. It assists in lowering the negative impact on air conditioning systems and machine engines on industrial job sites. As a result, heavy duty road filtration aftermarket finds applications in the automotive, mining, and construction industries across the globe.
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Heavy Duty Road Filtration Aftermarket Trends:
At present, the rising awareness among the masses about the harmful impact of greenhouse gas emissions represents one of the key factors supporting the growth of the market. In addition, the growing prevalence of various diseases, such as cancer, nausea, headache, and loss of coordination, due to increasing levels of air pollution is positively influencing the market. In addition, the rising utilization of oil filters in heavy-duty vehicles, such as construction machinery and agricultural equipment, is offering lucrative growth opportunities to industry investors. Besides this, key players are introducing advanced filters with time-release technology (TRT) to prolong the degradation of oil and its replacement duration, which is bolstering the growth of the market.
Report Segmentation:
The report has segmented the market into the following categories:
Product Insights:
- Oil
- Air
- Cabin
- Fuel
- Others
Application Insights:
- Trucks and Buses
- Construction
- Mining
- Agriculture
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape:
- Bosch Limited
- Carquest Auto Parts (Advance Auto Parts, Inc.)
- Cummins Filtration Inc
- Donaldson Company Inc
- KN Engineering Inc.
- Luber-Finer
- Mann+Hummel Holding GMBH
- Maradyne Corporation (Dreison International Inc)
- Parker Hannifin Corporation
- Pingxiang RockFilter Industrial Co. Ltd.
- Sogefi SpA (Cofide)
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