Skip to main content

Automotive Exhaust System Market Size to Hit USD 11.75 Billion by 2026; Rising Demand for Fuel Efficiency in Vehicles to Accelerate Market Expansion: Fortune Business Insights™

Written by Customer Service on . Posted in Mergers And Acquisitions.

Pune, March 27, 2020 (GLOBE NEWSWIRE) — The global automotive exhaust system market size is projected to reach USD 11.75 billion by 2026, exhibiting a CAGR of 0.3% during the forecast period. Escalating pollution levels worldwide is a critical factor driving the growth of this market, finds Fortune Business Insights™ in its new report, titled “Automotive Exhaust System Market Size, Share & Industry Analysis, 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), and Regional Forecasts, 2019-2026”.Vehicular emissions are one of the leading causes of air pollution around the world, making motor vehicles one of the largest contributors of carbon dioxide (CO2). According to the European Parliament, road transport is responsible for nearly 72% of the overall CO2 emissions in the European Union (EU) countries. Similarly, the US Environment Protection Agency (EPA) revealed that vehicles cause 75% of the total carbon monoxide pollution in the US, while transportation causes 27% of the greenhouse gas emissions in the country. This dire situation has generated an intense and desperate need to develop efficient exhaust systems in vehicles as it will not only benefit the environment, but also improve human health and advance the global economy.
Request a Sample Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/automotive-exhaust-system-market-102535

The automotive exhaust system market report states that the value of this market stood at USD 11.35 billion in 2018. Apart from this, the report provides the following information:Thorough analysis of the current market trends and drivers;In-depth research into the market restraints;Detailed study of all the possible market segments; andComprehensive evaluation of the regional and competitive dynamics of the market.
Market DriverExpanding Urban Areas to Bolster Vehicle SalesThe world economy is undergoing rapid transformation and an important indicator of this is the heightened pace at which urban agglomerations are expanding across the globe. For example, the UN’s Department of Economic and Social Affairs (DESA) estimates that by 2050, around 68% of the global population will be living in urban areas, with Asia and Africa contributing to 90% of this growth.Urban spaces are large swathes of land spread out in all directions, necessitating the use of vehicles to commute between places, particularly in the case of massive countries such as India, China, and Nigeria. As a result, the demand for all types of vehicles is meteorically rising in these countries, which is emerging as a major growth driver for this market.
Browse Detailed Summary of This Research Report with TOC: https://www.fortunebusinessinsights.com/automotive-exhaust-system-market-102535

Competitive LandscapeRising Investment in Innovation by Players to Energize CompetitionAccording to the automotive exhaust system market analysis, core players in this market are heavily investing in R&D to introduce innovative products in the market. This will enable them to diversify their portfolio, strengthen their market position, create new revenue outlets, and expand globally.
List of Key Companies Covered in the Automotive Exhaust System Market Report are:
Rapid Urbanization to Boost the Market in Asia-PacificAmong regions, Asia-Pacific is envisioned to dictate the automotive exhaust system market share during the forecast period mainly because of speedy urbanization in India and China. In addition to this, the region is experiencing robust economic growth and development, leading to rising disposable income and spiking the demand for automobiles.Furthermore, many global players are setting up manufacturing plants in South and Southeast Asian countries owing to the availability of cheap labor, which is one of the leading automotive exhaust system market trends in the region. Hardening government regulations regarding emissions is expected to fuel the market in Europe, while in North America, rising adoption of advanced exhaust systems in vehicles to curb pollution will be the main growth propeller.IntroductionResearch ScopeMarket SegmentationResearch MethodologyDefinitions and AssumptionsExecutive SummaryMarket DynamicsMarket DriversMarket RestraintsMarket OpportunitiesKey InsightsMerger, Acquisitions, and PartnershipsDistributor Analysis – For Major PlayersGrowth and Penetration AnalysisPorter’s Five Forces AnalysisPEST AnalysisVendor LandscapeGlobal Automotive Exhaust System Market Analysis, Insights and Forecast, 2015-2026Key Findings / SummaryMarket Analysis, Insights and Forecast – By Vehicle TypePassenger CarsLight Commercial VehiclesHeavy Commercial VehiclesMarket Analysis, Insights and Forecast – By Fuel TypeGasolineDieselAlternative Fuels (LPG, CNG, others)5.4 Market Analysis, Insights and Forecast – By Component TypeManifoldConnectorExhaust PipeMufflerMarket Analysis, Insights and Forecast – By RegionNorth AmericaEuropeAsia pacificRest of the WorldTOC Continued…!March 2020: Tenneco Inc., the Illinois-based replacement parts supplier, announced that the company will be supplying the entire cold-end exhaust system for 2020 Chevrolet Corvette. Additionally, Tenneco will also provide a range of other components for new Corvette’s Small Block V-8 LT2 mid-engine.
September 2018: Faurecia, a leading automotive technology company based in France, unveiled its ASDS™ retrofit technology at the Automechanika Trade Fair at Frankfurt. The system is designed to be fitted into buses and trucks and boasts of an advanced air quality feature which eliminates 99% of nitrogen oxide pollutants coming out of exhaust systems.Have a Look at Related Market Insights:Automotive Active Seat Headrests Market Size, Share & Industry Analysis, By Product Type (Headrest Activation, Seat Back Activation), By Vehicle Type (Passenger car, Commercial vehicle) and Regional Forecast, 2019-2026Automotive Actuators Market Size, Share & Industry Analysis, By Type (Hydraulic, Electric, Pneumatic), By Application Type (Throttle, Fuel Injection, Brake, Others), By Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Forecast, 2019-2026Automotive Air Suspension Market Size, Share & Industry Analysis, By Component Type (Air Spring, Height Sensor), By Technology Type (Electronically Controlled Air Suspension, Non- Electronically Controlled Air Suspension), By Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Forecast, 2019-2026Automotive Airless Tire Market Size, Share & Industry Analysis, By Type (Radial, Bias), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles) and Regional Forecast, 2019-2026Automotive Alternator and Starter Motor Market Size, Share & Industry Analysis, By Technology Type (Belt Alternator Starter (BAS), Enhanced Starter, Direct-Start, Integrated Starter Generator (ISG)), By Starter Motor Type (Electric, Pneumatic, Hydraulic, Others), By Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle) and Regional Forecast, 2019-2026Automotive Anti-Lock Braking System (ABS) Market Size, Share & Industry Analysis, By Sub-System Type (Sensors, Electronic Control Unit, Hydraulic Unit), By Vehicle Type (Two-Wheeler, Passenger Cars, Commercial Vehicles) and Regional Forecast, 2019-2026Automotive Anti-Roll Bar Market Size, Share & Industry Analysis, By Product Type (Solid, Hollow), By Vehicle Type (PC, LCV, HCV) and Regional Forecast, 2019-2026
About Us:Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
LinkedIn | Twitter | Blogs
Read Press Release: https://www.fortunebusinessinsights.com/press-release/automotive-exhaust-system-market-9689

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.