The exhaust system market is projected to grow at a CAGR of 8.45%, to reach a market size of USD 59.02 billion by 2021. Major driving factors for the exhaust system market are increase in vehicle production and the stringency in the emission norms.
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Study on Exhaust Systems Market highlights key players such as Faurecia (France), Tenneco Inc. (U.S.), Eberspacher (Germany), Futaba Industrial Co., Ltd.
(Japan), Sango Co., Ltd (Japan), Benteler International AG (Austria), Friedrich Boysen GmbH & Co. KG (Germany), Yutaka Giken Co., Ltd.
(Japan), Sejong Industrial Co., Ltd.
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However, some of the key restraints such as increase in demand for the substitutes such as electric vehicles and high cost of the light weight components could affect the growth of exhaust system market.
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With regards to the after treatment devices, the gasoline particulate filter (GPF) which is used for GDI engines is observed as the fastest growth market. The system accounts to be fastest market because of its increased use in the GDI engines.
The system nullifies the aftereffects of the GDI engines and reduces the emissions from the gasoline engines. The selective catalytic reduction (SCR) accounted to be fastest market for diesel variants.
The growth is observed owing to the advantages to meet the new emission standards and helps the manufacturer to accomplish the set emission targets by the regional authorities.
Key Points From Table Of Content:
6 Technical Overview
6.2 Major Components & Their Functions in an Automotive Exhaust System
6.2.1 Exhaust Manifold
6.2.2 Catalytic Converter
6.2.6 Active Noise Cancellation (ANC)
6.3 Advanced After-Treatment Devices
6.3.1 Diesel Particulate Filter
6.3.2 Selective Catalytic Reduction
6.3.3 Gasoline Particulate Filter
7 Emission Regulations
7.1 Emission & Fuel Economy Norms
7.1.1 Introduction: Upcoming Emission & Fuel Economy Standards, 2014–2025
7.1.3 North America
18.104.22.168 U.S. Federal Standards
22.214.171.124 California Standards
126.96.36.199 South Korea
188.8.131.52 South Africa
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8 Exhaust Systems Market, By After-Treatment Devices
8.2 Exhaust Systems Market: By After-Treatment Devices
8.2.1 Diesel Oxidation Catalyst (DOC)
184.108.40.206 Diesel Oxidation Catalyst: Exhaust Systems Market, By Region & Vehicle Type
8.2.2 Diesel Particulate Filter (DPF)
220.127.116.11 Diesel Particulate Filter: Exhaust Systems Market, By Region & Vehicle Type
18.104.22.168 PM Sensors: Exhaust Systems Market, By Region
8.2.3 Lean NOX Trap (LNT)
22.214.171.124 Lean NOX Trap: Exhaust Systems Market, By Region & Vehicle Type
8.2.4 Selective Catalytic Reduction (SCR)
126.96.36.199 Selective Catalytic Reduction: Exhaust Systems Market, By Region & Vehicle Type
8.2.5 Gasoline Particulate Filter (GPF)
188.8.131.52 Gasoline Particulate Filter: Exhaust Systems Market, By Region & Vehicle Type
- The report defines, describes, and projects the exhaust system market on the basis of OE market &aftermarket for components and after treatment devices, vehicle type, fuel type and region
- It analyzes the opportunities offered by various segments of the market to stakeholder
- It analyzes the regional markets for growth trends, future prospects, and their contribution to the overall market
- It also tracks and analyzes competitive developments such as joint ventures, mergers and acquisitions, new product launches, expansions, and other industry activities carried out by key industry participants
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