Global Automotive Exhaust System Market, By Vehicle Type (Light Commercial, Heavy Commercial, and Pa

Published Date: | Report Code : AT1934595

Growing demand for commercial vehicles is expected to drive the growth of automotive exhaust system market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

The automotive exhaust system is a piping system used for carrying waste gases and combustible products away from the engine. Owing to environmental issues like global warming & greenhouse emissions, this market is expected to grow in the future. Harmful exhaust gases cause environmental problems. To minimize this problem, the government has laid stringent emission rules to keep the environment safe and free from such harmful gases. Automotive exhaust system manufacturers have invested largely in research and development activities to meet government rules. Moreover, the hybrid technology is growing, as it is a cost-effective alternative to reduce emission. This market depends on many considerations such as the demand for vehicles, vehicle performance, and government regulations.

Segment Analysis:

Based on vehicle type, the market has been segmented into light commercial vehicles, heavy commercial vehicles, and a passenger vehicle. The passenger vehicle type segment is expected to account for the highest market share due to the high production and sales volume of passenger vehicles.

The global automotive exhaust system market is expected to grow rapidly in Asia Pacific due to high automobile production and the presence of emerging economies such as India, China, and Japan. Moreover, automotive production is increasing due to factors such as conducive working circumstances and low-cost labor, which is attracting OEMs. This market is expected to grow in the European and North American regions due to stringent emission regulations.

Key Factors Impacting Market Growth:

  •  Government initiatives to control environmental pollution
  •  Growing demand for commercial vehicles

Regional Analysis:

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the automotive exhaust system market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with a number of global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the automotive exhaust system market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the automotive exhaust system market in the region.

The Asia Pacific is estimated to be the fastest-growing region for the automotive exhaust system market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the automotive exhaust system market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: Faurecia SA, Tenneco Inc., Futaba Industrial Co. Ltd., Benteler International AG, and Eberspächer GmbH & Co… 

Market Segmentation:

By Vehicle Type:

  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
  • Passenger Vehicle

By Component Type:

  • Manifold
  • Connector
  • Exhaust Pipes & Elbows
  • Muffler
  • Stack Pipe Or Tail Spout

By Fuel Type:

  • Diesel
  • Gasoline

By After Treatment Device:

  • Diesel Oxidation Catalyst (DOC)
  • Diesel Particulate Filter (DPF)
  • Lean Nox Trap (LNT)
  • Selective Catalytic Reduction (SCR)

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Vehicle Type
    • By Component Type
    • By Fuel Type
    • By After Treatment Device
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Vehicle Type
    • By Component Type
    • By Fuel Type
    • By After Treatment Device
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Vehicle Type
    • By Component Type
    • By Fuel Type
    • By After Treatment Device
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Vehicle Type
    • By Component Type
    • By Fuel Type
    • By After Treatment Device
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Vehicle Type
    • By Component Type
    • By Fuel Type
    • By After Treatment Device
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Vehicle Type
    • By Component Type
    • By Fuel Type
    • By After Treatment Device

Reasons to Buy This Report:

  • Market size estimation of the global automotive exhaust system market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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We provide customization of the study to meet specific requirements:

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