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Automotive Exhaust Systems Market .pdf

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Automotive Exhaust Systems Market share research
by applications and regions for 2017-2024: Global
Market Insights Inc.
The global Automotive Exhaust Systems Market share report provides numbers for
applications and regional segments of the industry covering historical as well as
forecast data for decision makers.
Adoption of stringent norms and regulations, such as EPA10 and Euro6 by various
governments, owing to increasing health issues by harmful emissions will drive the
industry over the forecast timeframe. These regulations ensure the integration of
enhanced exhaust systems in vehicles to reduce Particulate Matter (PM) and
Nitrogen Oxide (NOx) emissions. Large investments by industry participants on
advancements in these exhaust systems, such as improved torque and engine
horsepower, will induce immense potential to the industry size.

The use of stainless steel in aftermarket automotive exhaust systems will result in
enhanced efficiency and durability that lead to the better quality of the overall
product. Industry players are also focusing on developing lightweight devices with
advancements on field exhaust systems for the elimination of noise pollution. Advent
of compact exhaust systems based on innovative anti-sound principle is anticipated
to gain prominence in the industry.
Selective Catalytic Reduction (SCR) is another technology that has gained traction in
the automotive exhaust systems market. It is a cost-reduction and fuel-efficient
technology for emissions control. It reduces NOx level by 90%, Co & HC emissions
by 50-90%, and PM emissions by 30-50%. Moreover, increasing usage of Gasoline
Particulate Filter (GPF) and Diesel Particulate Filter (DPF) have opened growth
opportunities for after treatment devices. Advent of Real Driving Emission (RDE)
tests has also paved an opportunistic way for this industry.
By fuel type, the automotive exhaust systems market is segmented into gasoline and
diesel. Gasoline is expected to dominate the industry owing to its advantages over
diesel. Moreover, this growth is attributed to its excessive usage in passenger
vehicles in countries such as the U.S., China, and Japan. Diesel will grow at an
exponential rate due to its heavy utilization in heavy commercial vehicles.
Based on the component, automotive exhaust systems market can be divided into
downpipe, catalytic converter, tailpipe, sensor, manifold, and muffler. Catalytic
converter is anticipated to exhibit the highest share in the industry. It can be


attributed to the increased production of commercial and passenger vehicles across
the globe.
The presence of various OEMs will escalate the regional growth. Increasing demand
in countries, such as South Korea and Japan, along with cheap labor and favorable
working conditions will further fuel the industry growth in the region. Europe and
North America are likely to showcase a significant growth rate over the forecast time
frame owing to stringent regulations regarding emissions.
Friedrich Boysen GmbH, Faurecia, Tenneco, Eberspacher, Sango Co., Ltd., Yutaka
Giken Co., Ltd., Sejong Industrial Co., Ltd., Futaba Industrial Co., Ltd., and Benteler
International AG. are a few players in automotive exhaust systems market. Industry
participants focus on adopting strategies including business expansions and
partnerships to gain a competitive edge in the industry. For instance, in July 2017,
Faurecia extended its Clean Mobility partnership for emissions control with
Components Group and Dongfeng Motor parts. In October 2016, Eberspacher
established an exhaust technology factory in Romania to produce exhaust silencers
and catalytic converters.
Browse Related Report:

Gasoline Direct Injection (GDI) System Market Size By Component
(Electronic Control Units, Fuel Injectors, Fuel Pumps, Sensors), By
Application (Passenger Car [PC], Commercial Vehicle [CV]), Industry Analysis
Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, China,
Japan, South Korea, India, Brazil, Mexico), Application Potential, Competitive
Market Share & Forecast, 2016 – 2024

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
research and consulting service provider; offering syndicated and custom research
reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
reports are designed via a proprietary research methodology and are available for
key industries such as chemicals, advanced materials, technology, renewable
energy and biotechnology.


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Global Market Insights, Inc.
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