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Motorcycle Filter Market Projected to Augment at a Notable CAGR during the Forecast Period until 2022

Feb 18th 2019 at 4:30 AM

The global motorcycle filter market is forecasted to demonstrate a steady CAGR during the forecast period of 2017 to 2022 as per the latest research report released by Fact.MR. The report estimates that the revenue from the global motorcycle filter market will garner over US$ 3,200 Mn value by the end of 2022.

Engine oil is a necessary additive to the internal combustion engine in order to ensure proper lubrication of all the parts of the engine and this ensures that all the parts of the engine are working smoothly. However, when the engine oil circulates inside the engine, it accumulates dirt particles and bits of the engine parts, and if not filtered, will cause damage to the engine. Hence, in order to ensure that the working of the engine is smooth, filters are used to filter out such contaminants. Using filters increasing the life of the engine, ensures that the engine functions smoothly and is a part of the preventive maintenance of the motorcycle.

Oil Filter sub-segment in the Filter Type Segment to be the Most Prominent

As per the Fact.MR 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 Fact.MR 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.

Synthetic Filter Media to Grow at a Robust CAGR during the Assessment Period

As per the Fact.MR 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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IAM segment to hold a Lion’s Share in the Sales Channel Segment

As per the forecast of Fact.MR, 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.

Prominent Players operating in the Global Motorcycle Filter Market

The prominent players featured in Fact.MR’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.

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