Motorcycle Filter Market Projected to Witness a Single-Digit CAGR During 2017 to 2022
This report provides prognosis and analysis of the motorcycle filter market. It offers historical data along with forecast data for 2022.
[USPRwire, Sat Apr 13 2019] FactMR has actively published a new research study titled “Motorcycle Filter Market Projected to Witness a Single-Digit CAGR During 2017 to 2022 | Key Players are DNA Filters, Solat International Trading Co. Ltd., BMC Srl, SIMOTA, etc.” to its broad online database. This assessment works to discourse the major trends, opportunities and drivers motivating the motorcycle filter market during the period between *forecast period*. The insights structured for presenting the target market are procured from both primary research and secondary research, and are utilized for validation that is valuable to investors, manufacturers and new entrants. As per research findings, the global motorcycle filter market is expected to showcase impressive growth at 6.2% CAGR during the period until 2022.
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Filters play an important part in the engine of any automobile, and motorcycles are no exception. When the engine oil or any other lubricating oil circulates inside the engine, it accumulates various kinds of dirt particles that harm the engine. In order to protect the engine from such dirt particles and other types of contaminants, filters are used to discard such impurities from the engine oil. This ensures that the engine works smoothly, filtering out the dirt from the engine and making the life of the engine longer. This also helps in reducing the air pollution coming out from the exhaust of the motorcycle, as the oil filters out the dirt from the engine oil. This helps the motorcycles to maintain the emission norms, and helps them to pass the stringent regulations of air pollution enacted by various governments throughout the world. Besides this, filters help to increase the economic life of the motorcycle, thereby reducing its maintenance cost and therefore helping in the preventive maintenance of the vehicle. The global motorcycle filter market is poised to exhibit a CAGR of 6.2% during the forecast period of 2017-2022.
As per the FactMR analysis, the oil filter sub-segment is the largest one in the filter type segment and is poised to demonstrate a strong CAGR during the forecast period. It is also expected to gain at the Basis Point Share index as per the finding of the FactMR research. The largest share is contributed by the APEJ region in the oil filter market and APEJ region is poised to hold more than two-third of the of the filter oil market.
As per the FactMR report on global motorcycle filter market, the synthetic sub-segment of the filter media segment is going to exhibit a robust CAGR growth during the forecast period. The other sub-segment in this category is the cellulose filter media. Synthetic sub-segment is expected to create absolute dollar opportunity of nearly US$ 550 Mn between 2017 and 2022.
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As per the forecast of FactMR, the IAM segment is poised to exhibit a robust growth in terms of CAGR during the assessment period. It is also expected to gain a number of points in the Basis Point Share index by the end of the year 2022 when compared with the year 2017. IAM segment is expected to create absolute $ opportunity of more than US$ 570 Mn between 2017 and 2022. The largest share is contributed by APEJ region in IAM segment.
The prominent players featured in FactMR’s report on the global motorcycle filter market are NAPA Filters, Pipercross Performance Filters, K & N Engineering, Inc., MAHLE GmbH, DNA Filters, Solat International Trading Co. Ltd., BMC Srl, SIMOTA, Uni Filter Inc., Roki Co. Ltd., and Mann+Hummel.
Table of Content:
- Global Motorcycle Filter Market - Executive Summary
- Global Motorcycle Filter Market Overview
2.1.1. Global Motorcycle Filter Market Taxonomy
2.1.2. Global Motorcycle Filter Market Definition
2.2. Global Motorcycle Filter Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Motorcycle Filter Market Y-o-Y Growth
2.3. Global Motorcycle Filter Market Dynamics
2.3.3. Trends----------------------------------------------- Continued
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