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Automotive Air Intake Manifold (AIM) Market to reach US$ 3,387.2 million in 2023

12-24-2018 09:29 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

Automotive Air Intake Manifold (AIM) Market to reach US$ 3,387.2

Stratview Research has published a new research report on Automotive Air Intake Manifold Market. This extensive 285-page report by Stratview Research analyses the growth of Automotive Air Intake Manifold Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- and Heavy-Duty Commercial Vehicle)
• By Manufacturing Process Type (Injection Molding, Casting)
• By Material Type (Aluminum, Composite, Other Materials)
• By Manifold Type (Standard Air Intake Manifold, Variable Air Intake Manifold)
• By Region (North America, Europe, Asia-Pacific, Rest of the World)

Go through the detailed scope: https://www.stratviewresearch.com/toc/175/automotive-air-intake-manifold-market.html
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Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/175/automotive-air-intake-manifold-market.html

Technological advancements in the automotive industry
The auto industry has efficaciously been undergoing the most dynamic and disruptive technological advancements since the last decade. This is also leaving a great impact on each of the major components including air intake manifolds. There have been various advancements in air intake manifold regarding design, material, process, etc. in order to meet the changing market requirements, addressing stringent regulations regarding fuel efficiency and carbon emissions, and to remain competitive in the market.
The growth prospects of the global automotive air intake manifold market seem vigorous in the coming years. It is estimated that the automotive air intake manifold market is projected to grow at a healthy rate over the next five years to reach US$ 3,387.2 million in 2023. Organic growth in automobile production owing to increasing disposable income and growing urbanization, and increasing demand for lightweight air intake manifold to reduce the overall vehicle weight for achieving stringent government regulations, such as CAFÉ Standards are some of the major growth drivers of the global automotive air intake manifold market.

Passenger car is expected to remain the growth engine
The automotive air intake manifold market is segmented based on the vehicle type as Passenger Car, Light Commercial Vehicle, and Medium- & Heavy-Duty Commercial Vehicle. Passenger car is expected to remain the growth engine of the market during the forecast period. High number of car production and higher demand for lightweight products would continue to drive the segment over the next five years. It is estimated that approximately 481.9 million passenger cars are likely to be produced globally during 2018-2023. This represents a myriad of opportunities for the market players in the coming years.

Light weighting in automotive industry
Air intake manifolds were conventionally made from metals, such as cast iron and aluminum, but this trend has been changing with the change in the market dynamics. Stringent regulations are putting pressure on the automakers to either curb the overall vehicle weight or downsize the engines to increase fuel efficiency or reduce emissions. Air intake manifold could not escape itself from such regulations and experienced a significant change in the selection of materials over the period. The auto industry is rapidly moving towards lightweight materials, such as composites and magnesium, to make final component light in weight without sacrificing overall manifold performance.
Short fiber thermoplastics (SFT) are most widely preferred in the air intake manifold market as they offer many benefits over competing materials, such as low part cycle time, ability to manufacture complex products, recyclability, good surface finish, excellent strength to weight ratio, lightweight, and excellent temperature resistance. Composite air intake manifold is projected to further capture the market share of traditional metal-based air intake manifold during the forecast period.

Injection molding is likely to remain the most dominant process
Based on the process type, injection molding is likely to remain the most dominant process in the market during the forecast period. The auto industry looks for those manufacturing processes that can fabricate a final part in merely one to two minutes. Injection molding is perfectly suited to the automotive industry and is ideal for the mass-production of small- to medium-sized complex parts. Composites, the largest material type for air intake manifold, heavily rely on the injection molding process.

Asia-Pacific is expected to remain the largest air intake manifold market
Based on regions, Asia-Pacific is expected to remain the largest air intake manifold market during the forecast period. The region is also expected to experience the highest growth during the same period. Increasing automobile production, mainly in China and India, is likely to drive the demand for air intake manifold in the region.
Europe is expected to remain the second largest automotive air intake manifold market over the next five years. However, the region is expected to experience a moderate growth due to low growth in the light vehicle production.

Key players
The supply chain of this market comprises raw materials suppliers, compounders, air intake manufacturers, distributors, automotive OEMs, and dealers. Major players in the market are Mann+Hummel Group, MAHLE GmbH, Magneti Marelli S.p.A., Aisin Seiki Co., Ltd, Röchling Automotive, and Honda Foundry Co., Ltd. Lightweight air intake manifold, and strategic alliances are the key strategies adopted by the major players to gain a competitive edge in the market.

Why Stratview Research
Our report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Automotive Air Intake Manifold Market overview, industry life cycle analysis, supply chain analysis
• Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend (2012 – 2017) and forecast analysis (2018-2023) of each segment.
• Competitors’ market share, product portfolio and new launches.
• Growth opportunities in each segment.
• Emerging trends which will decide the future course of development.
• Strategic growth opportunities for the existing and new players
• Key success factors.

Click Here for Other Reports from Stratview Research in the Automotive Industry:
https://www.stratviewresearch.com/market/report/Automotive-Transportation.html

About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

400 Renaissance Center, Suite 2600, Detroit, Michigan, MI 48243 United States of America

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