Press Releases

Automotive Exhaust Systems Market Size, Share, Trends, Innovations, Outlook 2022-2030

The global automotive exhaust systems market size is expected to be worth around US$ 70.45 billion by 2030, according to a new report by Vision Research Reports.

The global automotive exhaust systems market size was valued at US$ 45.7 billion in 2020 and is anticipated to grow at a CAGR of 7.8% during forecast period 2021 to 2030.

Download Exclusive Sample of Report@ https://www.visionresearchreports.com/report/sample/38825

Report Coverage

Report Scope Details
Market Size US$ 70.45 billion by 2030
Growth Rate CAGR of 7.8% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Component, fuel type, vehicle type
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Faurecia; Friedrich Boysen; BENTELER International; Tenneco Inc.; Continental AG; Bosal; Eberspächer; FUTABA INDUSTRIAL CO., LTD.; Sejong Industrial Co., Ltd.; Yutaka Giken Company Limited

Growth Factors

 Stringent government regulations associated with vehicle emissions coupled with the increasing penetration of after-treatment devices are anticipated to drive the demand for automotive exhaust systems. Moreover, the increasing sales of passenger cars and commercial vehicles along with the growing demand for lightweight emission systems are expected to create significant opportunities for players operating across the value chain of the market.

The demand for automotive exhaust systems is directly dependent on automotive production and sales units. Thus, the increasing sales of passenger cars and commercial vehicles across developed and emerging economies are driving the demand for automotive exhaust systems globally.

By Component Analysis

Based on components, the market has been segmented into the exhaust manifold, muffler, catalytic converter, oxygen sensor, and exhaust pipes. The muffler segment is projected to register the highest CAGR of over 7.0% over the forecast period, accounting for a majority of the sales of automotive exhaust system components by 2030.

By Fuel Type Analysis 

Based on fuel type, the market has been segmented into gasoline and diesel. The gasoline segment accounted for the largest revenue share of around 80% in 2020 and is anticipated to maintain its dominance over the forecast period. In the emerging economies, 9 out of 10 vehicles are equipped with an internal combustion engine. While the popularity of electric vehicles in regions such as North America and Europe has dwindled ICE vehicle sales, limited electric vehicle infrastructure in emerging countries continues to contribute to the growing sales of gasoline-driven vehicles.

By Vehicle Type Analysis

The passenger car segment accounted for the largest revenue share of over 70% in 2020 and is anticipated to maintain its dominance over the forecast period. The segment is estimated to expand at a CAGR of over 5.0% over the forecast period.

The commercial vehicles segment is projected to expand at the highest CAGR of over 9.0% from 2021 to 2030. The growth can be attributed to the increasing demand for heavy trucks across the logistics and transportation sectors. Logistics is one of the key end-use industries for commercial vehicles.

By Regional Analysis

Asia Pacific captured around 60% of the automotive exhaust systems demand and is estimated to register a CAGR of over 8.0% from 2021 to 2030. This can be attributed to the increasing technological awareness and spending capacity of customers in the region.

 The Latin American region is projected to expand at the second-highest CAGR of over 7.8% over the forecast period. The increasing automotive production and sales across countries such as Brazil and Mexico are expected to support the growth of the regional market.

Key Players

  • BENTELER International
  • Bosal
  • Continental AG
  • Eberspacher
  • Faurecia
  • FUTABA INDUSTRIAL CO., LTD.
  • Friedrich Boysen
  • Sejong Industrial Co., Ltd.
  • Tenneco Inc.
  • Yutaka Giken Company Limited

Market Segmentation

  • Component
    • Exhaust Manifold
    • Muffler
    • Catalytic Converter
    • Oxygen Sensor
    • Exhaust Pipes
  • Fuel Type
    • Gasoline
    • Diesel
  • Vehicle Type
    • Passenger Car
    • Commercial Vehicles
  • Regional
    • North America
      • U.S.
      • Canada
    •  Europe
      •  U.K.
      •  Germany
      • Rest of Europe
    • Asia Pacific
      • Greater China
      •  Japan
      •  India
      • Rest of Asia Pacific
    • Latin America
      •  Brazil
      •  Mexico
      • Rest of Latin America
    • Middle East & Africa (MEA)

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38825

Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Automotive Exhaust Systems Market, By Component

7.1.  Automotive Exhaust Systems Market, by Component, 2021-2030

7.1.1.    Exhaust Manifold

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Muffler

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Catalytic Converter

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Oxygen Sensor

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Exhaust Pipes

7.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Automotive Exhaust Systems Market, By Vehicle Type

8.1.  Automotive Exhaust Systems Market, by Vehicle Type, 2021-2030

8.1.1.    Passenger Vehicle

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Commercial Vehicles

8.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Automotive Exhaust Systems Market, By Fuel Type

9.1.  Automotive Exhaust Systems Market, by End User, 2021-2030

9.1.1.    Gasoline

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Diesel

9.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Automotive Exhaust Systems Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, by Component (2017-2030)

10.1.2.  Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.1.3.  Market Revenue and Forecast, by Fuel Type(2017-2030)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, by Component (2017-2030)

10.1.4.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.1.4.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, by Component (2017-2030)

10.1.5.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.1.5.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, by Component (2017-2030)

10.2.2.  Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.2.3.  Market Revenue and Forecast, by Fuel Type(2017-2030)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, by Component (2017-2030)

10.2.4.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.2.4.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, by Component (2017-2030)

10.2.5.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.2.5.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, by Component (2017-2030)

10.2.6.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.2.6.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, by Component (2017-2030)

10.2.7.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.2.7.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, by Component (2017-2030)

10.3.2.  Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.3.3.  Market Revenue and Forecast, by Fuel Type(2017-2030)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, by Component (2017-2030)

10.3.4.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.3.4.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, by Component (2017-2030)

10.3.5.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.3.5.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, by Component (2017-2030)

10.3.6.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.3.6.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, by Component (2017-2030)

10.3.7.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.3.7.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, by Component (2017-2030)

10.4.2.  Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.4.3.  Market Revenue and Forecast, by Fuel Type(2017-2030)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, by Component (2017-2030)

10.4.4.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.4.4.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, by Component (2017-2030)

10.4.5.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.4.5.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, by Component (2017-2030)

10.4.6.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.4.6.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, by Component (2017-2030)

10.4.7.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.4.7.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, by Component (2017-2030)

10.5.2.  Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.5.3.  Market Revenue and Forecast, by Fuel Type(2017-2030)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, by Component (2017-2030)

10.5.4.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.5.4.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, by Component (2017-2030)

10.5.5.2.      Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.5.5.3.      Market Revenue and Forecast, by Fuel Type(2017-2030)

Chapter 11.  Company Profiles

11.1.              BENTELER International

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              Bosal

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              Continental AG

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              Eberspacher

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              Faurecia

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.              FUTABA INDUSTRIAL CO., LTD.

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.              Friedrich Boysen

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

11.8.              Sejong Industrial Co., Ltd.

11.8.1.  Company Overview

11.8.2.  Product Offerings

11.8.3.  Financial Performance

11.8.4.  Recent Initiatives

11.9.              Tenneco Inc.

11.9.1.  Company Overview

11.9.2.  Product Offerings

11.9.3.  Financial Performance

11.9.4.  Recent Initiatives

11.10.           Yutaka Giken Company Limited

11.10.1.               Company Overview

11.10.2.               Product Offerings

11.10.3.               Financial Performance

11.10.4.               Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

13.2.              Glossary of Terms

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38825

Contact Us:

Vision Research Reports

Call: +1 9197 992 333

Email: sales@visionresearchreports.com

Show More

Related Articles

Back to top button