Press release
Emerging Business Opportunity in Exhaust System Market Industry Trends and Forecast to 2026 | Benteler International, Friedrich Boysen GmbH & Co. KG, Yutaka Giken Company Limited, Sejong Industrial
This Exhaust System Market research report offers you an array of insights about Automotive industry and business solutions that will support to stay ahead of the competition. Systematic investment analysis is also underlined in this Exhaust System Market report which forecasts impending opportunities for the market players.This market report is the outcome of persistent efforts lead by knowledgeable forecasters, innovative analysts and brilliant researchers who carries out detailed and diligent research on different markets, trends and emerging opportunities in the consecutive direction for the business needs. This report analyses the Automotive industry from top to bottom by considering a myriad of aspects.Strategically analyzed facts and figures of the market and keen business insights covered in this Exhaust System Market report would be a key aspect in achieving enduring business growth. The insights provided in this Exhaust System Market market research report are based upon SWOT analysis on which businesses can rely confidently. The analysis and estimations conducted via this report help to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values.
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Global Exhaust System Market, By After-Treatment Device (DOC, DPF, LNT, SCR, GPF), Component (Exhaust Manifold, Downpipe, Catalytic Converter, Muffler, Tailpipe, Sensors), Vehicle Type (Passenger Car, LCV, Truck, Bus), Aftermarket Vehicle Type (LDV, HDV), Off-Highway Vehicle Type (Agricultural Tractor, Construction Equipment), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Market Analysis: Global Exhaust System Market
Global Exhaust System Market is expected to rise from its initial estimated value of USD 85.05 billion in 2018 to an estimated value of USD 135.04 billion by 2026, registering a CAGR of 5.95% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing amounts of environmental pollution and stringent regulations by the particular authorities.
Market Definition: Global Exhaust System Market
Exhaust system can usually be defined as the piping system that directs the harmful and toxic gases away from the engine and user of the vehicles. The entire system of pipes usually contains two or more directing system of pipes that flows the harmful gases away from the engine and user while directing the fuel towards the engine.
Market Drivers:
o High amounts of vehicle emissions and environmental pollution is expected to drive the market growth
o Stringent regulations invoking the manufacturers of vehicles and exhaust systems to advance the products and technology associated with the products is also expected to drive the market growth
Market Restraints:
o Increasing demand and usage of battery electric vehicles (BEVs) is expected to restrain the market growth
o Higher cost of lighter-weight exhaust components is also expected to restrain the market growth
Segmentation: Global Exhaust System Market
By After-Treatment Device
o Diesel Oxidation Catalyst (DOC)
o Diesel Particulate Filter (DPF)
o Lean NOx (Nitrogen Oxide) Trap (LNT)
o Selective Catalyst Reduction (SCR)
o Gasoline Particulate Filter (GPF)
By Component
o Exhaust Manifold
o Downpipe
o Catalytic Converter
o Muffler
o Tailpipe
o Sensors
By Vehicle Type
o Passenger Car
o Light Commercial Vehicle (LCV)
o Truck
o Bus
Key Developments in the Market:
o In June 2018, Continental AG announced that they have opened up a manufacturing and warehousing facility for the production of NOx sensors in Trutnov, Czech Republic. This expansion is expected to cater to the rising demand of the products in the region.
o In February 2017, Eberspcher announced their intention to initiate the mass production of gasoline particulate filter (GPF) exhaust systems by May. This initiative by the company is expected to increase the market demand of the product as the systems are expected to be installed in all classes of gasoline vehicles.
Competitive Analysis: Global Exhaust System Market
Global exhaust system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of exhaust system market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Exhaust System Market
Few of the major competitors currently working in the exhaust system market are Faurecia, Tenneco Inc., Continental AG, Eberspcher, FUTABA INDUSTRIAL CO.LTD., Benteler International, Friedrich Boysen GmbH & Co. KG, Yutaka Giken Company Limited, Sejong Industrial Co.Ltd., BOSAL, MAGNAFLOW, KATCON GLOBAL, Grand Rock Co. Inc., Magneti Marelli S.p.A., FennoSteel, Eminox, European Exhaust and Catalyst Ltd, SANGO Co. Ltd., Calsonic Kansei Corporation, Sharda Motor Industries Ltd., and DENSO CORPORATION.
Key Insights in the report:
o Complete and distinct analysis of the market drivers and restraints
o Key Market players involved in this industry
o Detailed analysis of the Market Segmentation
o Competitive analysis of the key players involved
Revealing the Competitive scenario
In today's competitive world you need to think one step ahead to chase your competitors, our research offers reviews about key players, major collaborations, merger & acquisitions along with trending innovation and business policies to present better insights to drive the business into right direction
Key Segmentation: Exhaust System Market
Regional Outlook
North America (US, Canada, Mexico)
South America (Brazil, Argentina, rest of south America)
Asia and Pacific region (Japan, china, India, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, etc)
Middle east and Africa (UAE, Saudi Arabia, Oman, etc)
Europe (Germany, Italy, U.K, France, Spain, Netherlands, Belgium, Switzerland, Russia, etc)
Rapid Business Growth Factors
In addition, the market is growing at a fast pace and the report shows us that there are a couple of key factors behind that. The most important factor that's helping the market grow faster than usual is the tough competition.
Research strategies and tools used of Exhaust System Market:
This Exhaust System Market research report helps the readers to know about the overall market scenario, strategy to further decide on this market project. It utilizes SWOT analysis, Porter's Five Forces Analysis and PEST analysis.
Key Points of this Report:
The depth industry chain include analysis value chain analysis, porter five forces model analysis and cost structure analysis
The report covers North America and country-wise market of Exhaust System Market
It describes present situation, historical background and future forecast
Comprehensive data showing Exhaust System Market capacities, production, consumption, trade statistics, and prices in the recent years are provided
The report indicates a wealth of information on Exhaust System Market manufacturer
Exhaust System Market forecast for next five years, including market volumes and prices is also provided
Raw Material Supply and Downstream Consumer Information is also included
Any other user's requirements which is feasible for us
Some extract from Table of Contents
Overview of Exhaust System Market
Exhaust System Market Size (Sales Volume) Comparison by Type
Exhaust System Market Size (Consumption) and Market Share Comparison by Application
Exhaust System Market Size (Value) Comparison by Region
Exhaust System Market Sales, Revenue and Growth Rate
Exhaust System Market Competitive Situation and Trends
Strategic proposal for estimating availability of core business segments
Players/Suppliers, Sales Area
Analyze competitors, including all important parameters of Exhaust System Market
Exhaust System Market Manufacturing Cost Analysis
The most recent innovative headway and supply chain pattern mapping
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.
Free Table Of Contents Is Available Here@ https://www.databridgemarketresearch.com/toc/?dbmr=global-exhaust-system-market
Why Is Data Triangulation Important In Qualitative Research?
This involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Triangulation is one method used while reviewing, synthesizing and interpreting field data. Data triangulation has been advocated as a methodological technique not only to enhance the validity of the research findings but also to achieve 'completeness' and 'confirmation' of data using multiple methods
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