Automotive Exhaust System Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Automotive Exhaust System Market
The Automotive Exhaust System Market size was valued at USD 11.35 billion in 2018 and is projected to reach USD 14.7 billion by 2032, exhibiting a CAGR of 2.0% during the forecast period of 2024-2032.
The COVID-19 pandemic disrupted the car exhaust machine market extensively, causing deliver chain interruptions, manufacturing halts, and reduced client demand for cars globally. Lockdowns and tour regulations caused decrease car sales, affecting the call for for exhaust structures. However, the sluggish recuperation of the automotive zone and the increasing awareness on environmental rules have revitalized the market. Manufacturers are now adopting advanced technology to conform with stringent emission norms and make sure sustainability. Additionally, the growing choice for electric powered motors offers each challenges and opportunities for the exhaust gadget market as traditional additives evolve or turn out to be out of date.
The integration of light-weight materials and advanced technologies in exhaust systems is a key fashion within the marketplace. Additionally, the improvement of modular and smart exhaust systems prepared with sensors to monitor emissions in actual-time is turning into increasingly more popular, aligning with the automobile enterprise's push in the direction of sustainability and eco-friendly solutions.
Stringent authorities regulations on car emissions are a primary riding element within the automobile exhaust device marketplace. Countries worldwide are implementing stricter emission norms, together with Euro 6 in Europe and BS-VI in India, to combat rising pollutants stages. These policies compel automakers to undertake advanced exhaust technologies, inclusive of catalytic converters and particulate filters, to meet compliance standards. The growing client demand for eco-friendly and gas-green cars in addition helps market increase. Additionally, the rising adoption of hybrid and internal combustion engine (ICE) vehicles in emerging markets contributes to the sustained call for for superior exhaust structures.
Comprehensive Analysis of Automotive Exhaust System Market
The Automotive Exhaust System Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by vehicle type, by fuel type, by component type. By Vehicle Type include Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles. By Fuel Type include Gasoline, Diesel, Alternative Fuels (LPG, CNG, others). By Component Type include Manifold, Connector, Exhaust, Pipe, Muffler.
The Europe region lead the Automotive Exhaust System Market share by benefitting a market size of USD 4.82 billion Asia-Pacific is projected to dominate the automotive exhaust system market share over the forecast period. The Rising disposable income of individuals, increasing GDP, and growing urbanization are factors associated with the growth of the market in this region.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.
May 2023: Cummins' €142 million acquisition of Faurecia's manufacturing plants in the US and Netherlands will strengthen its presence in the commercial vehicle exhaust systems sector, enabling global expansion and enhanced industry capabilities.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2015-2026
Base Year 2018
Forecast Period 2019-2026
Historical Period 2015-2017
Unit Value (USD Billion)
Segmentation By Vehicle Type
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
By Fuel Type
Gasoline
Diesel
Alternative Fuels (LPG, CNG, others)
By Component Type
Manifold
Connector
Exhaust Pipe
Muffler
By Region
North America (U.S., Canada, and Mexico)
Europe (the U.K., Germany, France, and the Rest of Europe)
Asia-Pacific (Japan, China, India, South Korea, and the Rest of Asia-Pacific)
Rest of the WorldPlease Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Merger, Acquisitions, and Partnerships
- 4.2. Distributor Analysis – For Major Players
- 4.3. Growth and Penetration Analysis
- 4.4. Porter’s Five Forces Analysis
- 4.5. PEST Analysis
- 4.6. Vendor Landscape
- 5. Global Automotive Exhaust System Market Analysis, Insights and Forecast, 2015-2026
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Vehicle Type
- 5.2.1. Passenger Cars
- 5.2.2. Light Commercial Vehicles
- 5.2.3. Heavy Commercial Vehicles
- 5.3. Market Analysis, Insights and Forecast – By Fuel Type
- 5.3.1. Gasoline
- 5.3.2. Diesel
- 5.3.3. Alternative Fuels (LPG, CNG, others)
- 5.4. Market Analysis, Insights and Forecast – By Component Type
- 5.4.1. Manifold
- 5.4.2. Connector
- 5.4.3. Exhaust Pipe
- 5.4.4. Muffler
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia pacific
- 5.5.4. Rest of the World
- 6. North America Automotive Exhaust System Market Analysis, Insights and Forecast, 2015-2026
- 6.1. Key Findings / Summary
- 6.2. Market Analysis – By Vehicle Type
- 6.2.1. Passenger Cars
- 6.2.2. Light Commercial Vehicles
- 6.2.3. Heavy Commercial Vehicles
- 6.3. Market Analysis – By Fuel Type
- 6.3.1. Gasoline
- 6.3.2. Diesel
- 6.3.3. Alternative Fuels (LPG, CNG, others)
- 6.4. Market Analysis – By Component Type
- 6.4.1. Manifold
- 6.4.2. Connector
- 6.4.3. Exhaust Pipe
- 6.4.4. Muffler
- 6.5. Market Analysis – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
- 6.5.3. Mexico
- 7. Europe Automotive Exhaust System Market Analysis, Insights and Forecast, 2015-2026
- 7.1. Key Findings / Summary
- 7.2. Market Analysis – By Vehicle Type
- 7.2.1. Passenger Cars
- 7.2.2. Light Commercial Vehicles
- 7.2.3. Heavy Commercial Vehicles
- 7.3. Market Analysis – By Fuel Type
- 7.3.1. Gasoline
- 7.3.2. Diesel
- 7.3.3. Alternative Fuels (LPG, CNG, others)
- 7.4. Market Analysis – By Component Type
- 7.4.1. Manifold
- 7.4.2. Connector
- 7.4.3. Exhaust Pipe
- 7.4.4. Muffler
- 7.5. Market Analysis – By Country
- 7.5.1. U.K.
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Rest of Europe
- 8. Asia pacific Automotive Exhaust System Market Analysis, Insights and Forecast, 2015-2026
- 8.1. Key Findings / Summary
- 8.2. Market Analysis – By Vehicle Type
- 8.2.1. Passenger Cars
- 8.2.2. Light Commercial Vehicles
- 8.2.3. Heavy Commercial Vehicles
- 8.3. Market Analysis – By Fuel Type
- 8.3.1. Gasoline
- 8.3.2. Diesel
- 8.3.3. Alternative Fuels (LPG, CNG, others)
- 8.4. Market Analysis – By Component Type
- 8.4.1. Manifold
- 8.4.2. Connector
- 8.4.3. Exhaust Pipe
- 8.4.4. Muffler
- 8.5. Market Analysis – By Country
- 8.5.1. Japan
- 8.5.2. China
- 8.5.3. India
- 8.5.4. South Korea
- 8.5.5. Rest of Asia Pacific
- 9. Rest of the World Automotive Exhaust System Market Analysis, Insights and Forecast, 2015-2026
- 9.1. Key Findings / Summary
- 9.2. Market Analysis – By Vehicle Type
- 9.2.1. Passenger Cars
- 9.2.2. Light Commercial Vehicles
- 9.2.3. Heavy Commercial Vehicles
- 9.3. Market Analysis – By Fuel Type
- 9.3.1. Gasoline
- 9.3.2. Diesel
- 9.3.3. Alternative Fuels (LPG, CNG, others)
- 9.4. Market Analysis – By Component Type
- 9.4.1. Manifold
- 9.4.2. Connector
- 9.4.3. Exhaust Pipe
- 9.4.4. Muffler
- 10. Competitive Analysis
- 10.1. Key Industry Developments
- 10.2. Global Market Share Analysis (2018)
- 10.3. Competition Dashboard
- 10.4. Comparative Analysis – Major Players
- 10.5. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
- 10.5.1. Continental AG
- 10.5.1.1. Overview,
- 10.5.1.2. Products & services,
- 10.5.1.3. SWOT analysis,
- 10.5.1.4. Recent developments,
- 10.5.1.5. strategies,
- 10.5.1.6. financials (based on availability)
- 10.5.2. Faurecia
- 10.5.2.1. Overview,
- 10.5.2.2. Products & services,
- 10.5.2.3. SWOT analysis,
- 10.5.2.4. Recent developments,
- 10.5.2.5. strategies,
- 10.5.2.6. financials (based on availability)
- 10.5.3. Tenneco Inc.
- 10.5.3.1. Overview,
- 10.5.3.2. Products & services,
- 10.5.3.3. SWOT analysis,
- 10.5.3.4. Recent developments,
- 10.5.3.5. strategies,
- 10.5.3.6. financials (based on availability)
- 10.5.4. Sejong Industrial Co., Ltd.
- 10.5.4.1. Overview,
- 10.5.4.2. Products & services,
- 10.5.4.3. SWOT analysis,
- 10.5.4.4. Recent developments,
- 10.5.4.5. strategies,
- 10.5.4.6. financials (based on availability)
- 10.5.5. BOSAL
- 10.5.5.1. Overview,
- 10.5.5.2. Products & services,
- 10.5.5.3. SWOT analysis,
- 10.5.5.4. Recent developments,
- 10.5.5.5. strategies,
- 10.5.5.6. financials (based on availability)
- 10.5.6. Yutaka Giken Company Limited
- 10.5.6.1. Overview,
- 10.5.6.2. Products & services,
- 10.5.6.3. SWOT analysis,
- 10.5.6.4. Recent developments,
- 10.5.6.5. strategies,
- 10.5.6.6. financials (based on availability)
- 10.5.7. Eberspacher
- 10.5.7.1. Overview,
- 10.5.7.2. Products & services,
- 10.5.7.3. SWOT analysis,
- 10.5.7.4. Recent developments,
- 10.5.7.5. strategies,
- 10.5.7.6. financials (based on availability)
- 10.5.8. BENTELER International
- 10.5.8.1. Overview,
- 10.5.8.2. Products & services,
- 10.5.8.3. SWOT analysis,
- 10.5.8.4. Recent developments,
- 10.5.8.5. strategies,
- 10.5.8.6. financials (based on availability)
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