Global Heavy Duty Road Filtration Aftermarket Market Size and Forecast 2024-2033|Denso Corporation, Parker Hannifin Corporation, MAHLE GmbH, Mann+Hummel Holding GmbH, Donaldson Company Inc

The Heavy Duty Road Filtration Aftermarket Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Heavy Duty Road Filtration Aftermarket Global Market Report 2024, The heavy duty road filtration aftermarket market size has grown strongly in recent years. It will grow from $3.3 billion in 2023 to $3.58 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to increasing urbanization and industrialization, stringent emission standards, growth in the heavy-duty vehicle, rising environmental concerns, expansion of the aftermarket automotive industry.

The heavy duty road filtration aftermarket market size is expected to see strong growth in the next few years. It will grow to $4.76 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to stringent emission regulations for heavy-duty vehicles, expansion of the global heavy-duty vehicle fleet, increasing focus on air quality and pollution control, growth of e-commerce influencing aftermarket sales. Major trends in the forecast period include high-efficiency particulate air (hepa) filters, development of sustainable and eco-friendly filtration solutions, growth of online platforms for aftermarket sales, increasing popularity of modular and customizable filtration systems, emphasis on predictive maintenance for filtration components.

The growing construction sector is significantly contributing to the growth of the heavy-duty road filtration aftermarket market going forward. The construction industry refers to the area of business and manufacturing concerned with building, preserving, and fixing infrastructure. Heavy-duty road filtration is used in construction vehicles to extend their life and improve their performance during the construction process by filtering the dust and nitrogen oxides emitted by the vehicle. For instance, in May 2023, according to the reports shared by the United States Census Bureau, a US-based government agency, construction spending increased from $1,768.2 billion in March 2022 to $1,834.7 billion in March 2023, a 3.8% increase in construction spending. Further, an estimated 1,595,100 housing units were started in 2021, that increased by 15.6% from 1,379,600 in 2020 in the US. Therefore, the growing construction sector will drive the heavy-duty road filtration aftermarket market.

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The heavy duty road filtration aftermarket market covered in this report 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

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 report table of contents includes:

1. Executive Summary

2. Heavy Duty Road Filtration AfterMarket Characteristics

3. Heavy Duty Road Filtration AfterMarket Trends And Strategies

4. Heavy Duty Road Filtration AfterMarket – Macro Economic Scenario

5. Global Heavy Duty Road Filtration AfterMarket Size and Growth

26. South America Heavy Duty Road Filtration AfterMarket

27. Brazil Heavy Duty Road Filtration AfterMarketn

28. Middle East Heavy Duty Road Filtration AfterMarket

29. Africa Heavy Duty Road Filtration AfterMarket

30. Heavy Duty Road Filtration AfterMarket Competitive Landscape And Company Profiles

Top Major Players: