Press release
Exhaust System Market Expected to Reach $ 57.5 Bn by 2022 - Fact.MR
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 system 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.Browse Full Report-https://www.factmr.com/report/35/exhaust-system-market
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.
To Remain ‘Ahead’ Of Your Competitors, Request For A Sample- https://www.factmr.com/connectus/sample?flag=S&rep_id=35
Manufacturers in the 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.
Access Research Methodology Prepared By Experts- https://www.factmr.com/connectus/sample?flag=RM&rep_id=35
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.
Connect To An Expert- https://www.factmr.com/connectus/sample?flag=AE&rep_id=35
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
Research Insight: https://www.factmr.com/report/35/exhaust-system-market
Content Source: https://www.factmr.com/media-release/608/exhaust-system-industry
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Exhaust System Market Expected to Reach $ 57.5 Bn by 2022 - Fact.MR here
News-ID: 2274858 • Views: …
More Releases from Fact.MR
Insulated Drinkware Market to Hit USD 2.57 Billion by 2033 | YETI, Thermos L.L.C …
The global insulated drinkware market was valued at US$ 1.39 billion in 2023 and is forecasted to expand at a 6.3% CAGR over the next ten years. Worldwide sales of insulated drinkware are projected to reach US$ 2.57 billion by 2033-end.This robust growth is driven by increasing consumer awareness of sustainability, rising participation in outdoor activities, and the growing demand for reusable, eco-friendly products amid bans on single-use plastics.
The market…
Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB L …
Digital Twin Market is valued at USD 5 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 34.3%, reaching USD 95 billion by 2033. This explosive growth is driven by the increasing adoption of digital twins across industries to optimize operations, reduce costs, and enhance decision-making through virtual replicas of physical assets. Digital twins integrate IoT, AI, and data analytics to simulate real-world…
Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 …
The global hemato oncology testing market is valued at USD 4.33 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.5%, reaching USD 23.64 billion by 2033. This rapid growth is driven by the increasing prevalence of blood-related cancers, such as lymphoma and leukemia, and advancements in diagnostic technologies like next-generation sequencing (NGS) and polymerase chain reaction (PCR). Hemato oncology testing plays a…
Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 203 …
Osseointegration Implants Market is poised for robust growth, with its valuation projected to rise from USD 3.17 billion in 2025 to USD 6.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8%. This expansion is driven by the increasing prevalence of orthopedic and dental disorders, such as osteoarthritis, rheumatoid arthritis, and edentulism, which necessitate advanced implant solutions. Osseointegration implants, which fuse directly with bone to provide stable…
More Releases for Unit
Global Transcutaneous Electrical Nerve Stimulation Unit Market, Transcutaneous E …
Global Transcutaneous Electrical Nerve Stimulation Unit Market Overview:
The Transcutaneous Electrical Nerve Stimulation Unit market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Transcutaneous Electrical Nerve Stimulation Unit market has experienced significant growth, driven by factors such as increasing consumer demand,…
Glycol Dehydration Unit Market Glycol Dehydration Unit Market 2028
Persistence Market Research delivers key insights on the global glycol dehydration unit market, in its report titled, 'Glycol Dehydration Unit Market: Global Industry Analysis 2013-2017 and Forecast 2018-2028'. Over the forecast years, the global glycol dehydration unit market is expected to show a positive outlook.
The market value is expected to increase at a healthy pace over the forecast period. Based on the glycol type segment, the triethylene glycol segment is…
Biodiesel Processing Unit
While reserves of petroleum are decreasing every passing day, energy consumption is increasing at 6.5% per annum. And for solving this issue many countries are implementing new policies for minimizing the usage of fossil fuels and increase the use of alternative sources like solar power and Biodiesel. Biodiesel is a diesel fuel substitute made from a variety of oils, fats, and greases which can become a cheaper alternative to fossil…
Jackfruit Processing Unit
The fruit processing sector has some undoubtedly potential Business Ideas, and Jackfruits processing is highly recommended because jackfruits are highly perishable tropical fruits, which helps in improving the immunity, replenishes the energy, cardiovascular health, regulates Blood Pressure, Digestion, treats the skin diseases, prevent/control asthma and many more awesome advantages of jackfruit consumption.
Rising demand for processed fruit product for secondary preparations, rising income, and resultant increased spending on food items is…
Pomegranate Processing unit
India is the second largest producer of Pomegranates in the world after Iran, still contributes only 5% pomegranate related international trades. India produces the finest edible Pomegranates, which are available almost throughout the year, which provides a tremendous potential for export of Pomegranate and its products from India.
Processing of the Pomegranates becomes essential in order to increase the utilization and reduce the wastage of the fruit. Pomegranates being rich in…
Coconut Processing Unit
Coconut is an important fruit in the Indian economy as the country is listed among the top Coconut producing countries in the world. The contribution of Coconut is about ₹27900 crore to India’s Gross Domestic Product (GDP).
Today's improved economic stability, spending power, nutritional requirements, and awareness are pushing consumers to shift their preferences.
Currently, Coconut water, Coconut milk/cream and Virgin Coconut Oil (VCO) are expected to be main growth drivers for…
