Automotive Exhaust System Market Share, Size, Growth, Opportunity and Forecast 2020-2025

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Automotive Exhaust System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The global automotive exhaust system market grew at a CAGR of around 7% during 2014-2019. An automotive exhaust system carries waste combustion products from the engine and reduces its overall noise. It comprises exhaust valves that allow burned gases and particulate matter to pass through ports into exhaust manifolds. These manifolds, which are fastened to the engine, combine the channel into a single outlet pipe wherein resonators and mufflers discharge the exhaust gases in the atmosphere through the tailpipe. Presently, automotive exhaust systems are widely utilized to trap certain pollutants, expel purified exhaust gases and minimize the environmental footprint of vehicles.

On account of the rising air pollution levels and the growing environmental concerns, governing agencies of several counties are formulating stringent policies to minimize exhaust emissions from automobiles. This is encouraging original equipment manufacturers (OEMs) to employ advanced exhaust systems in automobiles to reduce their overall environmental impact. Additionally, with the ban on the utilization of older vehicles by these agencies, the demand for cars with modern exhaust systems is escalating worldwide. Apart from this, the key players are increasingly investing in research and development (R&D) projects to develop more effective exhaust systems. Consequently, they are integrating mass dampers and decoupling elements to prevent major deflections from exhaust systems and stopping vibrations from entering the car interior as acoustic pulses. They are also focusing on improving passenger ride comfort while increasing the service life of the exhaust system. This is anticipated to offer lucrative opportunities to manufacturers for expanding their consumer base in the future. Looking forward, IMARC Group expects the global automotive exhaust system market to continue its moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive exhaust system market report, along with forecasts for growth at the global, regional and country-level from 2020-2025. Our report has categorized the market based on region, component type, after-treatment device, vehicle type, fuel type and distribution channel.

Breakup by Component Type:

Manifold
Downpipe
Catalyst Converter
Muffler
Tailpipe
Others

Breakup by After-Treatment Device:

Diesel Oxidation Catalyst System
Diesel Particulate Filter
Selective Catalytic Reduction System
Exhaust Gas Recirculation System
Gasoline Particulate Filter
Others

Breakup by Vehicle Type:

Passenger Car
Commercial Vehicle
Others

Breakup by Fuel Type:

Diesel
Gasoline

Breakup by Distribution Channel:

OEM
Aftermarket

Breakup by Region:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Benteler International Aktiengesellschaft, Bosal International (Bosal Nederland B.V.), Eberspächer Gruppe GmbH & Co. Kg, Faurecia, Friedrich Boysen Holding GmbH, Futaba Industrial Co. Ltd., Sango Co. Ltd., Sejong Industrial Co. Ltd., Tenneco Inc. and Yutaka Giken Company Limited (Honda Motor Company).

Key Questions Answered in This Report:

How has the global automotive exhaust system market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global automotive exhaust system market?
What are the key regional markets?
What is the breakup of the market based on the component type?
What is the breakup of the market based on the after-treatment device?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the fuel type?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global automotive exhaust system market and who are the key players?
What is the degree of competition in the industry?