Automotive Exhaust System Market: Development Trend & Future Opportunities Forecast 2028 | Faurecia SA, Tenneco Inc., Futaba Industrial Co. Ltd., Benteler International AG

The global automotive exhaust system market has been witnessing growth, owing to the high demand for commercial vehicles. The automotive exhaust system is a piping system used for carrying waste gases and combustible products away from the engine. Owing to environmental issues like global warming& greenhouse emissions, this market is expected to grow in the future. Harmful exhaust gases cause environmental problems. To minimize this problem, the government has laid stringent emission rules to keep the environment safe and free from such harmful gases. Automotive exhaust system manufacturers have invested largely in research and development activities to meet government rules. Moreover, the hybrid technology is growing, as it is a cost-effective alternative to reduce emission. This market depends on many considerations such as the demand for vehicles, vehicle performance, and government regulations.

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Market Overview:
Based on vehicle type, the market has been segmented into light commercial vehicles, heavy commercial vehicles, and a passenger vehicle. The passenger vehicle type segment is expected to account for the highest market share due to the high production and sales volume of passenger vehicles. The global automotive exhaust system market is expected to grow rapidly in Asia Pacific due to high automobile production and the presence of emerging economies such as India, China, and Japan. Moreover, the automotive production is increasing due to factors such as working circumstances and low-cost labor, which is attracting OEMs. This market is expected to grow in the European and North American regions due to stringent emission regulations.

The report from Quince Market Insights focuses on these key impact factors influencing the market, along with identifying major segments and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand for automotive exhaust system market.

Market Segmentation:

By Vehicle Type:
o Light Commercial Vehicle
o Heavy Commercial Vehicle
o Passenger Vehicle

By Component Type:
o Manifold
o Connector
o Exhaust Pipes & Elbows
o Muffler
o Stack Pipe Or Tail Spout

By Fuel Type:
o Diesel
o Gasoline

By After Treatment Device:
o Diesel Oxidation Catalyst (DOC)
o Diesel Particulate Filter (DPF)
o Lean Nox Trap (LNT)
o Selective Catalytic Reduction (SCR)

What Does This Report Provide?
This report provides a detailed understanding, from qualitative and quantitative perspectives over the forecasted period. The study also offers competitive metrics with probable impacts during the duration of prediction on the demand and comprehensive analysis of the leading companies in this market.

The market report monitors the size of demand for key product types and application patterns that affect the sales shares of different products in key regions. The report provides insights into the revenues and volumes generated by key end-users.
This study focuses on key stakeholders in the market. Regions covered in the study include North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World.

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Major Companies Operating in the Market:

o Faurecia SA
o Tenneco Inc.
o Futaba Industrial Co. Ltd.
o Benteler International AG
o Eberspcher GmbH & Co.

Reasons to Buy This Report:
o Market size estimation of the global automotive exhaust system market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
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This release was published on openPR.