Exhaust Manifold Market Size & Share - Industry Trend and Forecast 2018 - 2026

The report analyzes and presents an overview of "Exhaust Manifold Market - Global Automotive Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" worldwide.

The main objective of this report is to define, describe, and forecast the global “Exhaust Manifold” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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The exhaust manifold is a unit which collects the exhaust from the engine and delivers it to the tail pipe. The exhaust manifold plays a vital role in heat dissipation and also delivers energy to the turbocharger. Rise in demand for engine performance has led to developments in design of exhaust manifolds in order to capture optimal exhaust for the turbocharger.

Cast iron was predominantly utilized in exhaust manifolds; however, presently, stainless steel is being utilized to achieve reduction in weight and size of the engine. Stringent regulations imposed by governments over emission control have prompted the development of exhaust manifold that comply with the regulations. The fabricated manifold developed by Tenneco Inc. offers 50% weight reduction, as compared to cast manifolds. The manifold also achieves 50ºC temperature benefit, which results in catalyst efficiency and reduced emission. The technology to shell the exhaust manifold is gaining interest among manufactures, as considerable noise escapes from the manifold. Demand for quieter running engine is thus expected to fuel the demand for exhaust manifold.

Rise in disposable income has led to increased production of passenger vehicles and is projected to drive the exhaust manifold market. V-engine powered vehicles have exhaust valves on opposite sides and thus, require two exhaust manifolds. The production of V-engine powered vehicles has increased owing to the rise in demand for luxury and premium-class vehicles. The engines of the Subaru Boxer also utilize two exhaust manifolds. Thus, increase in production of such boxer engines and V-engine powered vehicles is projected to boost the exhaust manifold system market.

Stainless steel exhaust manifolds are more expensive than cast iron exhaust ones and hence, price is a factor restraining the expansion of the technology.

The global exhaust manifold market can be segmented based on engine type, vehicle type, technology, material, sales channel, and region. Based on engine type, the exhaust manifold market can be segregated into three segments. The inline engine segment accounts for a prominent share of the market, due to the rise in production of three-cylinder engines and inline engine being a highly affordable engine technology. The V-engine segment holds a significant share of the global exhaust manifold market as V-engine-powered vehicles utilize two exhaust manifolds.

Based on vehicle type, the global exhaust manifold market can be classified into passenger vehicle and commercial vehicle. In terms of technology, the global exhaust manifold market can be segmented into two segments. The double wall exhaust manifold segment is expected to expand at a significant growth rate owing to to its quieter running, weight reduction, and improved efficiency.

Based on material, the global exhaust manifold market can be segregated into cast iron and stainless steel. The adoption of stainless steel exhaust manifolds in passenger vehicles is estimated to drive the market. As the cast iron exhaust manifolds are rugged, sturdy and affordable they have strong market presence in commercial vehicles.

In terms of sales channel, the global exhaust manifold market can be classified into OEM and aftermarket.

Based on region, the global exhaust manifold market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is the leading region owing to the increased vehicle production in the region.

Key players operating in the global exhaust manifold market include Faurecia SA, Friedrich Boysen GmbH & Co KG, Sango Co., Ltd, Tenneco Inc., Katcon, Yukata Giken Co. Ltd., Benteler AG, Eberspacher Exhaust Technology, Bosal Automotive division, and Sejong Industrial Co Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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