Global Heavy Duty Road Filtration After Market Market Scope 2024, Forecast To 2033
8 Mar, 2024
The heavy-duty road filtration aftermarket market has demonstrated robust growth, expanding from $3.3 billion in 2023 to $3.58 billion in 2024, with a compound annual growth rate (CAGR) of 8.3%. This growth is attributed to factors such as increasing urbanization, stringent emission standards, and the expansion of the heavy-duty vehicle sector. Additionally, rising environmental concerns have spurred demand for filtration solutions, driving growth in the aftermarket automotive industry. Looking ahead, the market is poised for continued strong growth, reaching $4.76 billion by 2028, with a CAGR of 7.4%. This growth is expected to be fueled by stringent emission regulations, the expansion of the global heavy-duty vehicle fleet, and a growing focus on air quality and pollution control. Major trends in the forecast period include the development of high-efficiency particulate air (HEPA) filters, sustainable filtration solutions, and the growth of online platforms for aftermarket sales, catering to the evolving needs of consumers and regulatory requirements.
Global Heavy Duty Road Filtration Aftermarket Market Key Driver
The burgeoning construction sector is a significant catalyst for the heavy-duty road filtration aftermarket market. Construction activities, evidenced by a 3.8% increase in spending and a 15.6% rise in housing unit starts in the US, generate substantial demand for heavy-duty road filtration. These filtration systems, crucial for extending vehicle lifespan and enhancing performance by filtering emitted pollutants, are integral to the construction process, hence fostering market expansion.
Get A Free Sample Of The Global Heavy Duty Road Filtration Aftermarket Market ReportGlobal Heavy Duty Road Filtration Aftermarket Market Segments
The heavy duty road filtration aftermarket market covered in this report is segmented –
1) Product:Oil, Air, Cabin, Fuel
2) Application:Trucks And Buses, Construction, Mining, Agriculture
3) Sales Channel:Original Equipment Manufacturer (OEM), Aftermarket
By Geography: The countries covered in the heavy duty road filtration aftermarket market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the heavy duty filtration aftermarket market in 2023. The regions covered in the heavy duty road filtration aftermarket market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Heavy Duty Road Filtration Aftermarket Industry Players
Denso Corporation; Parker Hannifin Corporation; MAHLE GmbH; Mann+Hummel Holding GmbH; Donaldson Company Inc.; Pall Corporation; Filtration Group Corporation; Sogefi SpA; UFI Filters Group; Cummins Filtration Inc.; Hengst SE & Co. KG; Clarcor Inc.; Purolator Filters LLC; Baldwin Filters Inc.; G.U.D. Holdings Inc.; Fram Group Operations LLC; K&N Engineering Inc.; Fleetlife Inc.; Sure Filter; ACDelco; Nordic Air Filtration A/S; Luber-Finer Inc.; Ryco Filters; ALCO Filters; Kleenoil USA Inc.; Sakura Filters; Filvent (Pty) Ltd.; Fumoto Engineering of America Inc.; Afpro Filters GmbH; Hastings Filters Inc.
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Heavy Duty Road Filtration Aftermarket Market Overview
Heavy-duty road filtration aftermarket refers to the market segment that deals with the manufacturing, distributing, and selling of filtration products specifically designed for heavy-duty vehicles and equipment used on roads. They are used to support fleets of all sizes to ensure trucks are serviced.