In a recent published report, Kenneth Research has updated the market report for Automotive Fuel Filter Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Automotive Fuel Filter Market products.
A fuel filter is a component present inside the fuel line of a vehicle which prevents dust, rust particles or any other type of contaminants from entering the engines combustion chamber. Fuel filters are normally made of cartridges that contain filter paper. They require maintenance at regular intervals in order to ensure efficiency of vehicles. The automotive fuel filter market has been witnessing high demand due to stringent regulatory requirements.The automotive industry has witnessed major technical developments in terms of design complexity of components to gain enhanced efficiency.
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Automotive engines have become very sophisticated and have relatively low tolerance for low and irregular quality of fuel. Such developments and limited performance of the conventional filters, drive the automotive fuel filter market. Fuel efficiency has been one of the focus areas of major automotive manufacturers, which calls for more extensive research & development targeted at enhancing individual component capabilities. The increased use of high-end filter media to enhance vehicles fuel efficiency and manufacturers focusing on the development of lightweight components for automobiles are also set to increase the demand for fuel filters and drive their market.
For study, global automotive fuel filter market has been segmented based on fuel type, filter material, sales channel, vehicle type, and region. On the basis of fuel type, the market has been segmented into gasoline, diesel. Diesel segment held the largest market size in 2017 due to growing sales of diesel vehicles and increase in transportation activities. On the basis of filter material, the market is segmented into cellulose, synthetic and others. Cellulose segment held the largest share of the market in 2017 due to its high filtration efficiency.
Also, cellulose has high holding capacity and longer service life. On the basis of sales channel, the market is segmented into OEM and Aftermarket. Aftermarket held the larger market share due to the increase in demand for annual passenger travel that increases the demand for Aftermarket . On the basis of vehicle type, the market is segmented into passenger car, light commercial vehicle, and heavy commercial vehicle. Passenger car segment dominates the market due to an increase in population with high purchasing power. Such increase in use within passenger cars raises the global demand of fuel filters in the automotive industry. Based on regions, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the world.
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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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Wireless (WI)-SUN Technology Market to Benefit from the Surge in Smart CitiesApplication of Wireless (WI)-SUN Technology Market to Rise in Smart Meters Market Overview Market Research Future (MRFR) believes that the Wi-SUN technology market 2020 can attain a valuation of USD 6013.2 Million in 2025 after being valued at USD 1232.5 million in 2018.
The technology’s main characteristics include supporting IPv6 along with related network security features like traffic shaping, intrusion detection, penetration testing and network analysis, making it far more effective for countering DoS (denial of service) attacks.In a nutshell, the rising adoption of smart and connected technologies in smart cities, surging need to optimize the use of energy, and the rising demand for better customer experience are inducing the growth of the global market for Wi-SUN technology.Market Segmentation The Wireless (WI)-SUN Technology Market analysis includes primary segments like component and application.The component-dependent segments are software solutions, services and hardware products.
Hardware products that use Wi-SUN technology are routers, sensors, HEMS controllers, wireless modules, and others.
Out of all the component-wise segments, hardware led the market with the largest share of 46.1% in the year 2018 and can possible develop at the fastest rate of 26.4% in the coming years.
Given the rising need for low-power wide-area network in these end-use areas, the requirement for comprehensive technology as well as standards that offer an efficient network has mounted significantly, leading to higher adoption of the technology.
North America’s lead in the Wi-SUN technology market is the result of factors like the presence of a massive number of renowned device manufacturers as well as network service providers who are highly focused on testing and use of Wi-SUN technology in commercial and industrial sectors.
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19 March 2020: Global North America Automotive Air Filter Market Research Report includes In-depth Analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis.
The North America Automotive Air Filter Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in North America Automotive Air Filter Business, Market Share of Product, Application and Regional Scope of North America Automotive Air Filter which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue.
The key players profiled in the North America Automotive Air Filter market report are Siam Filter Products Ltd., SogefiSpA, ALCO Filters Ltd., MAHLE GmbH, Luman Automotive Systems Pvt.
An automotive air filters are the constituent mainly used to remove impurities and particulate matter from air by improving the service life of engine components and engines.
In an automotive intake system, the air filter is in front of the throttle body and mass airflow sensor.
Growing automotive industry, growth in purchasing power of customers, and advancement in emission control system are documented as major factors of North America Automotive Air Filter Market that are estimated to enhance the growth in the years to come.
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