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(I-AutoNewsWire.com, October 05, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Automotive Transmission Filter market for 2018-2023. The transmission filter is a vital part of that system and is situated above the transmission pan, which catches any excess fluid, and below a pickup tube that connects to the oil pump, which regulates the pressure of fluid in the transmission. The transmission filter functions as a sieve to collect contaminants like dirt and debris before sending lubricating fluid to the transmission itself. First, as for the automotive transmission filter industry, the industry structure is relatively dispersion. The top 5 manufacturers occupied 54.88% of market share in 2017. The top 3 manufacturers are Mann-Hummel, Mahle and Cummins Filtration which are close to 43.16% market share in 2017. The Mann-Hummel, which has 20.79% market share in 2017, is the leader in the automotive transmission filter industry. The manufacturers following Mann-Hummel are Mahle and Cummins Filtration which respectively has 12.64% and 9.73% market share in 2017. Second, the global consumption of automotive transmission filter products rises up from 109.18 M units in 2013 to 126.43 M units in 2017, with an average annual growth rate of 3.74%. At the same time, the revenue of world automotive transmission filter sales market has a leap from 895.28 million dollars to 986.15 million dollars. Third, Europe is the largest production and second consumption region for automotive transmission filter, with production about 32.18% and consumption about 23.33% in 2017, North Americas production about 21.15% and consumption about 19.56% in 2017. Fourth, with the rapid develop of China automotive market china production and consumption of automotive transmission filter growth at a higher speed. The production of automotive transmission filter rises up from 24.66 M units in 2013 to 29.20 M units in 2017 with an average annual growth rate at 4.32%. Finally, we believe automotive transmission filter industry have few connections with the upstream raw materials. With the development of automotive industry, we tend to believe the future of automotive transmission filter will be optimism. Over the next five years, this report projects that Automotive Transmission Filter will register a 2.8% CAGR in terms of revenue, reach US$ 1160 million by 2023, from US$ 990 million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Transmission Filter market by product type, application, key manufacturers and key regions. To calculate the market size, this report considers value and volume generated from the sales of the following segments: Segmentation by product type: OEM Aftermarkets Segmentation by application: Passenger Vehicle Commercial Vehicle This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Mann-Hummel MAHLE Cummins Filtration Toyota Boshoku Fram Group Filtration Group Donaldson Company Parker Hannifin AC Delco Freudenberg Hengst Febi Bilstein Sure Filter Technology In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. Research objectives To study and analyze the global Automotive Transmission Filter consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Automotive Transmission Filter market by identifying its various subsegments. Focuses on the key global Automotive Transmission Filter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Automotive Transmission Filter with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Automotive Transmission Filter submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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Source: EmailWire.Com
Source: EmailWire.com
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