The Heavy Duty Road Filtration Aftermarket Global Market Report 2023, provides comprehensive information on the heavy duty road filtration aftermarket market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Heavy Duty Road Filtration Aftermarket Market’s Growth:
The global heavy duty road filtration aftermarket market is expected to grow from $3.04 billion in 2022 to $3.30 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The heavy duty road filtration aftermarket market is expected to reach $4.41 billion in 2027 at a CAGR of 7.5%.
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Product innovation is the key trend gaining popularity in the heavy-duty road filtration aftermarket market. Major companies operating in the heavy-duty road filtration aftermarket market are focusing on increasing the efficiency and functionality of their heavy-duty road filtration offerings. For instance, in February 2021, Luber-finer, a US-based provider of premium filtration solutions for on-highway and off-road fleets operating vehicles, launched Finer-Flow, an advanced air filter designed for heavy-duty engines. It is uniquely designed with precision-pleat technology that creates a precise separation between each pleat to maximize dirt-holding capacity. It uses an enhanced filtration technology that maximizes airflow and provides more excellent engine protection.
The heavy duty road filtration aftermarket market is segmented:
1) By Product: Oil, Air, Cabin, Fuel
2) By Application: Trucks And Buses, Construction, Mining, Agriculture
3) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
Asia-Pacific was the largest region in the heavy duty road filtration aftermarket market in 2022.
The table of contents in TBRC’s heavy duty road filtration aftermarket market report includes:
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Benchmarking
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