Exhaust Systems Market - Global Forecast to 2021

Exhaust Systems Market by After Treatment Device (DOC, DPF, LNT, SCR & GPF), Fuel Type, Component (Manifold, Downpipe, Catalytic Converter, Muffler, Tailpipe, Sensor), and Region, Aftermarket by Component & After Treatment Device - Global Forecast to 2021 The exhaust systems market is projected to grow at a CAGR of 8.45% during the forecast period, to reach a market size of USD Billion by A wide array of upcoming regulations for emission control and better fuel economy, and partnership between exhaust systems manufacturers and automotive OEMs for developing advanced technologies have influenced the demand of exhaust systems PDF

“Catalytic Converters and Exhaust manifolds holds the largest share in exhaust systems market by components” Catalytic converter and exhaust manifolds accounted to have the largest market for components. The growth can be attributed to the increased production of passenger cars and commercial vehicles around the world. The exhaust system manufacturers have been continuously investing heavily in R&D activities for the development of technologically advanced products in order to comply with the new guidelines. As a result, the global market for exhaust systems components is projected to accelerate significantly. Also, the increasing vehicle production across the globe will also trigger the growth of components market.

“Gasoline Particulate Filters (GPF) is the fastest growing segment of the market after treatment devices for exhaust systems” The introduction of gasoline direct injection (GDI) technology in passenger cars has been started from a while. The gasoline direct injection (GDI) engines emits more particulate matter (PM) content than Multi-Port Fuel Injection (MPI) engines. In order to meet the emission limits defined by European and U.S. regulatory bodies, the implementation of GPF devices becomes necessary in order to control the particulate matter (PM) level from the vehicles.

“Asia-Oceania: Largest and fastest growing market for exhaust systems” The Asia-Pacific region has emerged as the leader in global vehicle production with the production growth of around 17% in past 5 years, and also becomes the leader in automotive exhaust systems manufacturing. China has been the world’s largest automobile market in recent years. According to Organisation Internationale des Constructeurs Automobiles (OICA), China accounted almost 27% of global vehicle production in This could be owed mainly to the major automotive OEMs setting up their manufacturing plants in China.. In addition to that, the growing economies of countries like India and Indonesia are reasons that this region is able to maintain its leadership position in the market across globe.

Market Ecosystem: The ecosystem of the advanced gear shifter system market for automotive consists of manufacturers such as ZF (Germany), Kongsberg (Norway), Dura Automotive (US), Ficosa (Spain), and Stoneridge (US), and research institutes such as Colorado Off-highway Vehicle Coalition (COHVCO), Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (ACEA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA).

Browse >> 96 market data tables 72 figures 202 pages and in-depth TOC on “Exhaust Systems Market – Global Forecast to 2021” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

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