Market Trends of India Automotive Airfilters Industry
Commercial Vehicle Segment Captures Market Share
- The commercial vehicle segment, including trucks and buses, has emerged as a major contributor to the automotive air-filter market in India. This can be attributed to several factors, such as the growing transportation and logistics industry, the increasing demand for efficient and reliable vehicles, and the implementation of stringent emission norms.
- According to SIAM India, the overall sales volume of light commercial vehicles in India was 604 thousand units in 2023, compared to 476 thousand units in 2022.
- Furthermore, the implementation of the Bharat Stage VI (BS-VI) emission norms in India is also driving the demand for air filters in commercial vehicles. These norms, which came into effect on April 1, 2020, are equivalent to the Euro-VI emission standards and mandate stricter limits on particulate matter and nitrogen oxide emissions. To comply with these norms, commercial vehicle manufacturers have been incorporating advanced air filtration systems to ensure efficient engine performance and reduce emissions.
- Commercial vehicle fleet owners are continuously monitoring the health of the engine and other spare parts by doing timely maintenance and engine checkups. Consumers are likely to change both intake and cabin cleaners periodically so as to meet the stringent implementation of these air standards by the state governments, boosting the sales of automotive airfilters in the country.
- In March 2024, myTVS and Filtron (MANN+HUMMEL) entered into a strategic partnership for advanced filtration technologies. By partnering with Filtron, the company aims to further enhance product offerings and cater to the diverse needs of both passenger and commercial vehicle segments.
- Overall, with the government's focus on infrastructure development and the growth of the e-commerce sector, the demand for airfilters in commercial vehicles is expected to continue rising during the forecast period.
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Cabin Filter Segment Expected to Increase Market Share
- With the shift in consumer preferences and the rise in disposable income, most vehicles come equipped with air conditioners, which necessitates the use of cabin air filters. These filters have a shorter replacement cycle compared to intake filters, indicating a potentially higher growth rate for this segment. The primary function of cabin air filters is to ensure clean air within the vehicle's cabin, enhancing the comfort and health of passengers.
- As EVs represent a shift toward sustainability and environmental consciousness, many manufacturers are also emphasizing health and wellness features in these vehicles. Advanced cabin airfilters that can filter out ultrafine particles, allergens, and even bacteria and viruses are being integrated into EVs to enhance the health and well-being of passengers.
- The companies involved in the production of cabin air filters are spending heavily on providing the finest product-to-product dust, as well as other harmful particles that get into the cabin to protect the driver and passengers from inhaling bad quality air.
- For instance, in February 2024, Smart Parts made a significant move in sustainable vehicle maintenance solutions by launching revolutionary washable and reusable cabin airfilters that can last beyond 50,000 miles before requiring servicing.
- Hence, with the growing demand for efficient air filter systems in vehicles, the market for cabin filters is anticipated to continue witnessing significant growth during the forecast period.
