Global Automotive Transmission Oil Filter Market by Filter Media (Cellulose, Microglass, Polyester, Felt, and Paper) - North America region hold around 84.1% Value Share of the Global Automotive Transmission Oil Filter Market.
Industry: Automotive
Published Date: January-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 345
Report ID: PMRREP15061
[345 Pages] According to Persistence Market Research, the Automotive Transmission Oil Filter Market revenue totalled US$ 2,407.9 Million for 2022. The top 5 market players will have a sizable share of the Automotive Transmission Oil Filter Market in 2022, driving up demand for Automotive Transmission Oil Filter Market. These products are utilized in large number for the production of a vehicle, due to its increasing demand from passenger and commercial vehicles, their ability to filter the oil used in hydraulic vehicles, which is upsurging the market demand. The overall Automotive Transmission Oil Filter Market is expected to reach US$ 3,904.9 Million by 2033, growing at a CAGR of 4.5% from 2023 to 2033.
An automotive transmission oil filter is a device that filters out dirt and contaminants from the transmission fluid before it enters the gearbox. This is an important component, as dirty fluid can cause damage to the gears and other internal components. This filter should be replaced at regular intervals, as specified by the vehicle manufacturer. Increasing demand from the automotive industry is driving the transmission oil filter market. Additionally, the rules governing safety systems and strict carbon emission norms would also accelerate the growth of the market of Automotive Transmission Oil Filter Market.
Global Automotive Transmission Oil Filter Market Size (2022A) |
US$ 2,407.9 Million |
Global Automotive Transmission Oil Filter Market Size (2023E) |
US$ 2,514.5 Million |
Projected Automotive Transmission Oil Filter Market Value (2033F) |
US$ 3,904.9 Million |
Value CAGR (2023-2033) |
4.5% |
Collective Value Share: Top 3 Countries (2023) |
43.8% |
The global Automotive Transmission Oil Filter Market accounts for ~ 15-20% of its parent market of the automotive filter market.
From 2017 to 2022, the market of Automotive Transmission Oil Filter Market increased at an 2.3% CAGR and is projected to grow at a value of a CAGR of 4.5% in the forecast period 2023 to 2033. From the historical period, the market for automotive oil filters was continuously expanding as a result of rising environmental concerns and stringent emissions standards. The automotive industry has expanded and is continuously growing over the years due to the introduction of key innovations, which accelerated the expansion of the Automotive Transmission Oil Filter Market in the historical period.
The covid-19 pandemic had a significant adverse effect on automotive transmission oil filters in history since key auto parts manufacturers were compelled to discontinue production as a result of the virus spreading over the world. However, when the infection graph starts to fall, automakers resume production at the end of 2021, by which the market for automotive transmission oil filters is displaying a steady and anticipated recovery. Additionally, the demand for oil-efficient diesel engines, the need to reduce carbon emissions, and their rising use in the automotive industry will all contribute to the growth of the vehicle transmission oil filter market. This is anticipated to boost the market to reach US$ 3,904.9 Million by the end of 2033, in contrast with the market of US$ 1,982.9 Million in the year 2017.
“Global surge in a demand and strict government regulation regarding emission of vehicle is driving the market”
The primary factor driving Automotive Transmission Oil Filter Market is the surge in demand from automotive manufacturers from the global automotive sector. The strict government regulations on vehicle emissions, the rise in the use of personal vehicles for everyday commuting, rising vehicle production, rising sales of electric and hybrid types of vehicles, and rising vehicle PARC all contribute to the growth of the worldwide automotive oil filter market.
A rising need for energy-efficient filters is driving the oil filter market expansion. Along with the broad range of functions of automotive transmission oil filters for a vast array of advantages like extended internal combustion service life, optimized performance, and fuel economy enhancement, breakthroughs in the automotive sector in the last few years and rising technological expeditions are fueling the market growth for automotive transmission oil filters and also anticipated to grow over the forecast period. Additionally, Preventive maintenance, which is essential to a vehicle's productivity and durability, is a primary focus of vehicle owners worldwide. The market for automotive transmission oil filters is rising as people increasingly desire preventive maintenance for their cars. This will increase the demand for efficient oil filters for removing dangerous impurities.
Worldwide Environmental organizations have been developing numerous new regulations, governing greenhouse gas emissions and fuel economy for both light-duty and passenger vehicles. Owing to this, the adoption of superior automotive transmission oil filters is essential for seamless engine maintenance and to reduce carbon emissions. These factors are also responsible for the growth of the global automotive transmission oil filter market.
“The Non-replaceable type of filters become restraint for the market growth”
The non-replaceable transmission oil filters used in automotive industry are the primary reason why the global Automotive Transmission Oil Filter Market is hampered. Increasing consumer adoption of electric vehicles due to alternative fuels and the prevalence of manual transmission in passenger vehicles is also anticipated to hinder the growth of the automotive oil filter market.
Non-replaceable filters are washable and have a longer lifespan. A special cleaning kit is required to clean these filters. This cleaning kit makes it simple to clean and re-oil the oil filter, and also restoring it with a new condition. This becomes a cost-effective option for the vehicle owner. Some of the non-replaceable filters last up to 40,000 to 50,000 miles between servicing, depending on driving activity. This non-replaceable transmission oil filter market is having more potential to grow soon of its numerous offering advantages such as zero replacement and cost saving over conventional filters owing to which the aftermarket demand for the transmission oil filter is experiencing a decline in their graph. Thus, restricting the market expansion of the Automotive Transmission Oil Filter Market. Additionally, Cars with automatic transmission systems such as dual-clutch transmission (DCT) and continuous variable transmission (CVT) have higher chances of installation of automotive transmission oil filters. But, vehicles with manual transmission systems are also less likely to have a transmission filter, which is replaced by fill and drain. Hence, these factors are anticipated to hinder the growth of the automotive transmission filter market in the coming decade.
How is the U.S. market for Automotive Transmission Oil Filter Market likely to explode?
The U.S. is one of the most lucrative markets for the Automotive Transmission Oil Filter Market in the North America region, and it is hold around 84.1% value share of the global Automotive Transmission Oil Filter Market.
The market is stimulated in the country by expanding demand for mobility cars, increased use of vehicles for transportation, and escalating government measures to maintain vehicle emission regulations. Additionally, the U.S. has a sizable market share for automotive transmission oil filters as a result of the industry's improving economic climate and an increase in sales of high-end vehicles.
Where Does India stand in the market for Automotive Transmission Oil Filter Market?
In 2023, the Automotive Transmission Oil Filter Market demand in India is anticipated to grow at a 7.1% CAGR. Across the South Asia Pacific region, India is expected to hold a prominent share of the global market during the forecast period of 2023–33.
The market is expected to increase as a result of rising auto sales, an expanding vehicle fleet, and rising consumer spending power in the nation. Due to rising spending power of population, it lead to more purchase of luxurious passenger vehicles, owing to which the demand for filter in vehicle manufacturing will be increases. Additionally, it is anticipated that government support in the form of numerous initiatives, such as the "Make in India" program, in which many global carmakers like Renault, Suzuki, Honda, Volkswagen have already set up their manufacturing base in the country. This will positively affect the market. Moreover, the National Electric Mobility Mission Plan (NEMMP) 2020, and the Automotive Mission Plan 2016-2026, will also positively affect the automotive filter market in the nation over the forecast period.
What is the Outlook for the Automotive Transmission Oil Filter Market in Europe region?
Europe is anticipated to expand at a CAGR of 28.4% from 2023 to 2033. Throughout the forecast period of 2023–2033, Europe is anticipated to hold a significant share of the global market.
According to ACEA (European Automobile Manufacturers’ Association), passenger car production hit 9.9 million in 2021. This rise in vehicle parc, increasing sales of commercial vehicle, owing to e-commerce businesses in the Europe region, and replacement of oil filters with regional stringent government regulation increases the sales of transmission oil filters in the region.
Which Filter Media of Automotive Transmission Oil Filter Market remains Significant?
The Cellulose filter media segment leads the Automotive Transmission Oil Filter Market by filter media and it is having a value share of 51.5% in the global market.
The frequency of filter replacement depends significantly on the filter medium. Most of the filter media for gasoline and oil filtering is made utilizing wet-laid techniques and cellulosic fibers. As cellulose type of filter media is having low initial cost, efficient capture power, good dirt holding capacity, and its durability owing to which cellulose type filter media segment is having a prominent market share in the global Automotive Transmission Oil Filter Market.
Which vehicle type account for Higher Sales in the Automotive Transmission Oil Filter Market?
The passenger vehicle segment dominates the global Automotive Transmission Oil Filter Market by vehicle type and is expected to hold its position until the end of the forecast period, having a value share of 45.3% in the year 2022.
The growth can be attributed to increasing demand for passenger vehicles, especially in developing countries such as India, China, and Brazil. In addition, it is anticipated that rising consumer class income and rapid urbanization would also increase the demand for passenger vehicles. The rise in leisure and tourist activities has also increased the market for SUVs, owing to which the passenger vehicle become the most prominent segment in the global market for Automotive Transmission Oil filters.
Over the past few years, an increase in acquisition and growth operations has resulted in an improvement in the automotive transmission oil filter supply chain. The key players in the automotive transmission oil filter market are focusing on company expansion through contracts and collaborations to further increase their market presence in regional and international markets as well as new product launches to broaden their engine oil product portfolios.
Attribute |
Details |
Forecast Period |
2023-2033 |
Historical Data Available for |
2017-2022 |
Market Analysis |
|
Key Regions Covered |
|
Key Countries Covered |
|
Key Market Segments Covered |
|
Key Companies Profiled |
|
Pricing |
Available upon Request |
By Filter Media:
By Technology Type:
By Vehicle Type:
By Operation Type:
By Transmission Type:
By Distribution Channel:
By Sales-Channel:
By Region:
To know more about delivery timeline for this report Contact Sales
The global Automotive Transmission Oil Filter Market is estimated to be valued at over US$ 2,514.5 Million as of 2023.
Automotive Transmission Oil Filter Market are projected to increase at 4.5% CAGR and are expected to be valued at around US$ 3,904.9 Million by 2033 end.
The top players in the global Automotive Transmission Oil Filter Market are IBS Filtran GmbH, ZF Friedrichshafen AG, Cummins Filtration, Mann Hummel, Hitachi Automotive System Ltd., Fram Group IP LLC, Champion Laboratories Inc., etc., etc.
Germany, China, U.S., India, and Japan are driving most of the demand for Automotive Transmission Oil Filter Market.
China, the U.S., and Germany are prominent producers and exporters of Automotive Transmission Oil Filter Market.