Global Cabin Air Filter Market Size, Share & Trends Report by Type (OEM and Aftermarket), and by Application (Passenger Vehicles and Commercial Vehicles) Forecast (2022-2028)

The global cabin air filter market is anticipated to grow at a considerable CAGR of 5.8% during the forecast period (2022-2028). The rise in automotive production coupled with demand for comfortable interior designing is anticipated to drive the growth of the market. As per the data published by India Brand Equity Foundation (IBEF) in 2022, India has sold 3.49 million units in passenger and commercial vehicle categories. In October 2021, the total production volume of passenger vehicles reached 2,214,745 units. The luxury car market had registered sales between 28000-33000 units in 2021, up from 20000-21000 units sold in 2020.
Moreover, the automotive industry attracted foreign direct investment worth $30.51 billion between April 2000 and June 2021 accounting for 5.5% of the total FDI during the period according to the data released by the Department of Promotion of Industry and Internal Trade (DPIIT). Additionally, in September 2021, the Indian Government issued a notification regarding a PLI scheme for automobile and auto components worth $3.49 billion. Further, the Government of India projects the automobile sector to attract $8-10 billion in local and foreign investment by 2023. Thus, the rise in automotive production coupled with huge investments and schemes are anticipated to fuel the demand for the global cabin air filter market.
Looking toward the demand for cabin air filters, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in October 2021, Honda Cars India Ltd. (HCIL) in co-operation with Freudenberg developed an antivirus cabin air filter. This antivirus cabin air filter provides active protection by reducing the concentration of viral aerosols. Similarly, in October 2020, Maruti launched PM 2.5 cabin air filter in a wide range of its vehicles such as breeza, ertiga, and others. The PM2.5 air filter system is made of non-woven electrostatic properties with the ability to filter out all types of smoke, dust, and dirt of PM 2.5 levels. This filter is priced at Rs 600 and needs to be replaced at regular intervals due to climatic changes in the country. Thus, such launches are anticipated to drive the growth of the global cabin air filter market during the forecast period.

Market Coverage
The market number available for – 2021-2028
Base year- 2021
Forecast period- 2022-2028

Segment Covered-
By Type
By Application

Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape-
Robert Bosch GmbH, Denso Corp., and Donaldson Co Inc. among others

Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Cabin Air Filter Market Report by Segment
By Type
OEM
Aftermarket

By Application
Passenger Vehicles
Commercial Vehicle