Automotive Exhaust System is used to overcome noise and air pollution from vehicles. Global Automotive Exhaust System industry is to grow at highest CAGR from 2018 to 2023. Automotive Exhaust System Market is categorized by Component Type (Manifold, Downpipe, Catalyst Converter, Muffler, Tailpipe, others), After Treatment Device (DOC, DPF, LNT, SCR), Fuel Type (Diesel, Gasoline), Vehicle Type and Region.
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Automotive Exhaust System Market Key Players listed in report:
Faurecia SA (France), Tenneco Inc. (U.S.), Eberspächer GmbH & Co. Kg. (Germany), and Futaba Industrial Co. Ltd. (Japan). Sango Co. Ltd. (Japan), Benteler International AG. (Germany), Friedrich Boysen GmbH & Co. Kg. (Germany), Yutaka Giken Co. Ltd. (Japan), Sejong Industrial Co., Ltd. (South Korea), and Bosal International NV (Belgium) are among others.
Automotive Exhaust System Market Highlights:
Automotive exhaust systems are an integral component of the automobiles vehicles. As the global auto-manufacturers continue to expand into growing and emerging markets, the demand for automotive exhaust gas recirculation (EGR) systems and others will also rise. Exhaust gas recirculation can reduce nitrogen oxide emissions by around 40 percent. Depending on the application, SCR systems remove up to 90 percent of the nitrogen oxide from exhaust gases.
The key components of an automotive exhaust system include the engine, automotive exhaust manifold, automotive exhaust valve, automotive exhaust pipe, silencer, muffler, and the vehicle tailpipe. Automotive exhaust systems are majorly used for releasing the automotive exhaust gases from an internal combustion engine.
The passenger car segment is expected to dominate the automotive exhaust system market. The increase in the sales of passenger cars leads to an increase in demand for automotive exhaust system units.
Stringent emission norms such as Euro VI have forced vehicle OEMs to employ high end after-treatment systems such as SCR, lean NOx traps (LNT) and exhaust gas recirculation (EGR). However, European OEMs such as Daimler, Volkswagen, PSA Peugeot Citroën and Renault Nissan are especially adopting SCR technology for larger segment engines.
Region wise, the global Automotive Exhaust System market has been segmented as North America, Europe, Asia Pacific and Rest of the World.
Asia Pacific region has been the largest market for automotive exhaust in 2016, followed by North America and Europe. Asia Pacific region has registered the fastest growing region due to the presence of emerging economies such as China, India, South Korea, and Japan.
Europe is expected to be the second-largest Automotive Exhaust System Market. European Commission and various governments are taking various initiatives. The European emission regulations are stringent and therefore the automotive OEMs are making significant efforts for maintaining the benchmark emission standards.
By the end of forecast year, the global market is expected to witness cut throat competition between North America and Europe, in terms of revenue and market share.
Table of Contents:
1.2 Scope Of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:
2 Research Propulsionology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.5 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power Of Suppliers
4.1.2 Bargaining Power Of Customer
4.1.3 Intensity Of Competitor’s
4.1.4 Threat Of New Entrants
List of Figures:
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 GLOBAL Automotive Exhaust System Market SHARE, BY Components, 2016 (%)
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