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Wednesday, 25 November 2015
Automotive Air Filters Market Analysis-Size, Share, Growth, Trends and Forecasts To 2020: Grand View Research
Global automotive air filters market is expected to reach USD 6.10 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand from the automotive industry, particularly in BRIC nations, on account of increasing disposable income and growing industrialization rate is expected to remain a key driving factor for the market. Rising consumer awareness regarding health disorders caused due to contaminated air in the car cabin is also expected to have a positive influence on market growth. Environmental hazards related to combustion engine vehicles have led to the growth of electric vehicles, which contributes negligible emissions but also requires less maintenance of the engine. Growth of electric vehicle industry is expected to challenge automotive air filter demand over the forecast period.
http://www.grandviewresearch.com/industry-analysis/automotive-air-filters-market
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