The Automotive Air Intake Manifold (AIM) Market to experience an impressive growth to reach US$ 3,387.2 million during 2018-2023

Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the Automotive Air Intake Manifold (AIM) Market, answers all the important questions.

Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global Automotive Air Intake Manifold (AIM) Market.

The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2018-2023.

The important questions the report answers are:
1. What will be the market growth rate in the near future?
2. What are the major developments in the market wrt regulations, acquisitions and innovations?
3. What are the growth drivers as well as the constraints?
4. What are the regional growth hotspots?
5. What are the segmental growth forecasts?

These questions and many more, big and small, are all discussed in the report in great detail.


The strategic Market dissection

The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.

Dissection by
1. Vehicle Type (Passenger Car, Light-Duty Commercial Vehicle, Medium- and Heavy-Duty Commercial Vehicle)
2. Manifold Type (Standard Air Intake Manifold, Variable Air Intake Manifold)
3. Material Type (Composites, Aluminum, Other Materials)
4. Process Type (Injection Molding, Casting)
5. Region (North America, Europe, Asia-Pacific and RoW)

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The Growth Prognosis & its Drivers

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.

The Key players

The top players are Mann+Hummel Group, MAHLE GmbH, Magneti Marelli S.p.A., Aisin Seiki Co., Ltd, Röchling Automotive, and Honda Foundry Co., Ltd.

The undisputed Dominance of the Asia-Pacific

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.

Emerging Trends: 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.

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.

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.

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

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