Exhaust System Market : Soaring Demand Assures Motivated Revenue Share during 2017-2022 | Top Growing Industries- Futaba Industrial Co., Ltd., Faurecia, Tenneco Inc., Ltd., Sejong Industrial Co., Ltd., Sango Co., Ltd, Friedrich Boysen GmbH & Co. KG, Bente

In the overall infrastructure of an automobile, exhaust systems leap out to be a crucial component incorporated in almost all the modern vehicles. However, a course of remolding auto technologies in a bid to address carbon emission and environmental degradation issues is likely to have a profound influence on its applications in the automotive industry. Fact.MR published a new report on the exhaust systems market for the forecast period of 2017 to 2022. The report opines that the global exhaust systems market is likely to touch a valuation of U$ 57.5 Bn by 2022.

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The exhaust systems market is heavily influenced by a huge number of macroeconomic and microeconomic factors determining growth. Introduction of new regulatory guidelines pertaining to emission controls are foreseen to impact the landscape of the industry. Some of the ubiquitous trends influencing dynamics of exhaust systems market include advancements in material science technologies, rising fad for fuel efficient automobiles, and deliberate efforts toward research and development. Moreover, smart city initiatives are envisioned to drive new sustainable mobility requirements, primarily for precise real time emissions data. This trend is further likely to foster the demand for exhaust systems for furnishing the emerging requirements. Electrification of vehicles is also likely to have a deep-rooted influence on the proliferation of exhaust systems.

Manufacturers in the Automotive exhaust systems market are vying to seize new opportunities by providing additional services such as exclusive testing capabilities related to crucial parameters of leakage, performance, and many more. This move is believed to enable the market players gain long-term customer retention and seize untapped opportunities in the exhaust systems market. The exhaust systems market is witnessing a drastic drift toward selective catalytic reduction (SCR) technology for revitalizing fuel efficiency. This drift can be traced by the manufacturers in the exhaust systems market to bank on the accompanying opportunities. Moreover, debut of next-generation automobile infrastructure which will make use of advanced and ecofriendly technologies is predicted to sway the global exhaust systems market in the foreseeable future.

Asia Pacific excluding Japan (APEJ) is foreseen to create remunerative aspects for exhaust systems market over the forecast timespan. Numerous automotive giants are vying to expand their operations across APEJ in the wake of escalating demand for passenger and commercial vehicles. Diesel is projected to touch a valuation of US$ 36 Bn by 2022-end and reign in terms of market value in the exhaust systems market, which can be attributed to growing preferences for vehicles running on diesel.

Key Insights

Manufacturers of Exhaust Systems Advancing Beyond Capabilities to Tap New Customer Segments

Manufacturers of exhaust systems have been making deliberate efforts to amplify their market position. However, in order to tap new customers, manufacturers of exhaust systems have also been looking forward to building strong foundations in the off-road industry. A few prominent companies in the exhaust systems market have incorporated superior testing capabilities related to leakage, temperature performance, and other critical parameters. This not only helps the manufacturers of exhaust systems to fortify their business boundaries but also helps them leverage new opportunities.

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Technological Advancements Can Make or Break the Prosperity of OEMs in Exhaust Systems Market kindly suggest on which one to choose

Or

OEMs to Keep Up with Technological Breakthroughs for Avoiding Business Obsoleteness 

By far, OEM is predicted to be the most lucrative sales channel in the exhaust systems market. With massive transmutations undergone by the global auto industry, OEMs of exhaust systems will have to keep up with these technological advances. Manufacturers of exhaust systems who manage to adapt to the transformations can seize new opportunities to capitalize on. However, the incompetency to keep up with latest technological advances might render businesses obsolete.

Emission Control Norms Stimulate Noble Developments in Exhaust Systems

Stringent regulations with regard to emission control have induced spectacular innovations exhaust systems. A drastic shift has been witnessed toward heavy integration of selective catalytic reduction (SCR) technology with exhaust systems, which helps to revive the fuel efficiency by controlling NOx emissions. Automotive giants such as Mercedes-Benz, BMW, and Volkswagen have already introduced this technology in exhaust systems of passenger cars. Also, SCR technology is rapidly picking up the steam amid commercial vehicles coupled with implementation of Euro VI and BS VI norms. Such a paradigm shift seems to bode well for the manufacturers of exhaust systems and helps them tap on to concomitant opportunities.

Advanced After-Treatment Devices to Amplify the Latitudes of Exhaust Systems Industry

The burgeoning need for efficient after-treatment devices is foreseen to provide a substantial fillip to the demand for exhaust systems. Several OEMs are observed investing proactively in extensive R&D activities for providing better exhaust after treatment devices. The gasoline particulate filter stands out as one such noble after treatment technologies, which offers high-end efficiency in terms of noise reduction and exhaust emission from GDI engines.

A major chunk of revenue of the exhaust systems market is foreseen to be amassed from OEMs. With over 60% share of the market, the prosperity of OEMs in exhaust systems market is likely to persist and is not anticipated to deteriorate anytime soon. To carry forward this prosperity, OEMs will have to keep up with the rapid technological advancements.  

The on-going trend of acquisitions and strategic tie-ups is envisioned to pave gainful avenues for exhaust systems market during the forecast period. Key players in the exhaust systems market such as Faurecia and many others are forging ahead with notable acquisitions to amplify their market perch. Key companies operating in the exhaust systems market are looking forward to profitable expansions with establishment of manufacturing units across various regions. This, in turn, might help them magnify their production volumes and procure huge profits in the long run. Moreover, most of the players operating in exhaust systems market are actively emphasizing on manufacturing light weight and technologically abreast products, which can help restoring the overall functionality of a vehicle.

Table of Content:

Chapter 1. Global Exhaust System Market - Executive Summary. 11

Chapter 2. Global Exhaust System Market Overview. 13

2.1. Introduction. 13

       2.1.1. Global Exhaust System Market Taxonomy. 13

       2.1.2. Global Exhaust System Market Definition. 13

2.2. Global Exhaust System Market Size (US$ Mn) and Forecast, 2012-2022. 14

2.2.1. Global Exhaust System Market Y-o-Y Growth. 14

2.3. Global Exhaust System Market Dynamics. 14

2.3.1. Drivers. 14

2.3.1.1. Shift Toward Green Technology. 14

2.3.1.2. Innovations in Technology. 15

2.3.1.3. The Influence of China. 15

       2.3.2. Trends. 15

2.3.2.1. Adoption of New Mobility Solutions. 15

2.3.2.2. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 15

2.3.2.3. Rising Complexity Influencing Greater Emphasis on Platforming. 16

2.3.2.4. Meeting Emission Guidelines will Gain Prominence. 16

2.4. Supply Chain. 16

2.5. Cost Structure. 17

2.6. Pricing Analysis. 17

2.7. List of Distributors. 17

2.8. Key Participants Market Presence (Intensity Map) By Region. 18

Chapter 3. Global Exhaust System Market Analysis and Forecast By Vehicle Type. 19

3.1. Global Exhaust System Market Size and Forecast By Vehicle Type, 2012- 2022. 19

       3.1.1. Passenger car Exhaust System Market Size and Forecast, 2012-2022. 19

3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 19

3.1.1.2. Market Share Comparison, By Region. 20

3.1.1.3. Y-o-Y growth Comparison, By Region. 21

       3.1.2. LCV Exhaust System Market Size and Forecast, 2012-2022. 23

3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 23

3.1.2.2. Market Share Comparison, By Region. 24

3.1.2.3. Y-o-Y growth Comparison, By Region. 25

       3.1.3. HCV Exhaust System Market Size and Forecast, 2012-2022. 26

3.1.3.1. Revenue (US$ Mn) Comparison, By Region. 26

3.1.3.2. Market Share Comparison, By Region. 28

3.1.3.3. Y-o-Y growth Comparison, By Region. 29

Chapter 4. Global Exhaust System Market Analysis and Forecast By Fuel Type. 30

4.1. Global Exhaust System Market Size and Forecast By Fuel Type, 2012-2022. 30

       4.1.1. Diesel Exhaust System Market Size and Forecast, 2012-2022. 30

Continued……………..

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