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With the aim of assuring proper lubrication of all parts of the engine, engine oil becomes indispensable additive to the internal combustion engine. The underlying issue is the accumulation of dirt particles which can falter the engine. With the assistance of filter, this gridlock of dirt particles can be broken.
Key takeaways from the global motorcycle filter market
- APEJ market is forecasted to dominate the global motorcycle filter market in terms of revenue for the year 2017, and this trend is projected to sustain throughout the forecast period. The market in APEJ is poised to grow at a 6.7% CAGR during the forecast period.
- As per the findings of the Fact.MR, the North America motorcycle filter market is poised to grow from US$ 67 Mn in 2017 to more than US$ 80 Mn in 2022.
- Europe motorcycle filter market is estimated to account for less than one fifth of the total revenue share of the global motorcycle filter market by 2017 end and its share is expected to be lower in the year 2022.
- Fuel filter segment is estimated to account for nearly 2% revenue share of the filter type segment by 2017 end.
- Fact.MR forecasts the oil filter segment to grow at a steady pace from the year 2017 till the year 2022.
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The report incorporates executive summary and market overview section. The Motorcycle filter market overview section elucidates key trend analysis, value chain analysis and Porters’ Five Force Analysis. Essentially, Porters’ Five Force Analysis provides actionable insights on competitive landscape of the Motorcycle filter market. Furthermore, the report also encompasses the market attractiveness analysis as well as market outlook. The report also includes market value projection and pricing analysis. The report also offers analysis on supply chain and pricing analysis and cost structure analysis.
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.
Motorcycle Filter Market: Competitive Landscape
Key players profiled in Fact.MR’s report on the global motorcycle filter market include K & N Engineering, Inc., Pipercross Performance Filters, BMC Srl, DNA Filters, Uni Filter Inc., Mann+Hummel, NAPA Filters, Roki Co. Ltd., SIMOTA, Solat International Trading Co. Ltd. and MAHLE GmbH.
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