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Automotive Air Intake Manifold Market Growth Analysis 2024 By Top Key Players - MANN+HUMMEL, Magneti Marelli, Donaldson, Rochling Group, and MAHLE & More

11-02-2018 11:10 AM CET | Logistics & Transport

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Automotive Air Intake Manifold Market Growth Analysis 2024

The global automotive air intake manifold market is anticipated to depict promising growth in the ensuing years, attributed to massive vehicle production across the world and high product demand across a wide range of vehicles. Manifolds are incorporated in myriad vehicle types such as passenger cars, medium & heavy-duty commercial vehicles, and light commercial vehicles. Passenger cars are anticipated to establish themselves as one of the core growth avenues for automotive air intake manifolds. In a recent turn of events, Baidu Inc., China's top search engine, organized the Baidu World Conference 2018 where it unveiled various technological advancements and new products created by the company, as well as presented its newest market entrant ‘Hongqi L4’ the self-driving passenger car. Amid the waves of technological developments spanning the automotive industry, it is rather overt that the automotive air intake manifold market would witness appreciable gains in the years ahead.

Aftermarket for automotive air intake manifold accounted for over USD 6 billion in 2016 and is anticipated to show highest growth during the study timeframe. Aftermarket industry depends upon customer preference towards quality and cost of product. The aftermarket product is slightly less expensive compared to OEM. Moreover, tie-ups with retail outlets and regional manufacture are expected to drive the industry growth

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Automotive Air Intake Manifold Market is estimated to surpass USD 51 Billion by 2024; according to a new research report.

Increasing vehicle production will primarily drive the automotive air intake manifold market over the forecast timeframe. As per OICA, global automobile production crossed 94 million units in 2016 registering over 5% growth as compared to production in 2015. Passenger vehicle production contribution was more than 70% with more than 60 million units produced.

Increasing demand of passenger vehicles will stimulate the industry demand in emerging economies such as Indonesia, China, and India. Steadily improving world economy is encouraging the international trade. This is resulting in increasing international & national freight transportation across the globe driving the demand for heavy commercial vehicles.

Moreover, stringent government regulations for reducing vehicle emission is affecting the automotive air intake manifold market growth. Environment management authorities have enforced low CO2 emission levels from vehicles along with various fuel conservation policies. This has forced the automotive OEMs to enhance the quality of intake manifolds, thus escalating the industry growth.

Automotive air intake manifold manufacturers include MANN+HUMMEL, Magneti Marelli, Donaldson, Rochling Group, and MAHLE. Major strategies adopted by the players are collaborations and partnerships to increase customer base. Industry participants are mostly forward integrated involving manufacturing and distribution of the product. The manufacturers are focusing on technological developments.

Automotive air intake manifold aftermarket has witnessed significant growth owing to quality products at less cost than OEMs and increasing trend of do it yourself (DIY) activities. Launch of innovative products help aftermarket players to drive the product sales globally. Holly and Edelbrock are the major aftermarket companies for the automotive air intake manifold market.

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Table of Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Automotive air intake manifold Industry Insights

Chapter 4. Automotive Air Intake Manifold Market, By Vehicle

Chapter 5. Automotive Air Intake Manifold Market, By Material

Chapter 6. Automotive Air Intake Manifold Market, By Manifold type

Chapter 7. Automotive Air Intake Manifold Market, By Manufacturing Process

Chapter 8. Automotive Air Intake Manifold Market, By Distribution Channel

Chapter 9. Automotive Air Intake Manifold Market, By Region

Chapter 10. Company Profiles

Outer scope of this report as per regional trends, Asia Pacific is anticipated to accumulate substantial returns from the sales of automotive air intake manifolds in the approaching years due to increasing automobile production, particularly in the emerging nations such as India, China, and Indonesia. Apart from this, other factors that would contribute towards market progression in the region include low-cost workforce and raw material. Furthermore, strict government regulations pertaining to vehicle emission reduction would also impact automotive air intake manifold market growth in the future. Environment control authorities have imposed low CO2 emission levels in consort with fuel conservation policies that has led vehicle OEMs to augment the quality of intake manifolds, thereby escalating the market size.

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