Press release
Automotive Exhaust Systems Market Type, Share, Size, Analysis, Trends, Demand and Outlook 2028
Automotive Exhaust Systems market size was valued at USD 44.79 billion in 2020 and is expected to expand at a CAGR of 6.2% from 2021 to 2028.The automotive exhaust system is a piping system that is intended to release harmful gases away from the occupant. The system includes various exhaust pipes that deliver the gases that are produced from the engine. Pipes used in the system are designed specifically to convey toxic gases away from the vehicle. The harmful gases such as nitrogen oxides, hydrocarbons, and carbon monoxide are purified and discharged into the environment.
The number of cars manufactured and sold has a direct impact on the automotive exhaust systems market's need for exhaust systems. As a result, rising demand for automotive exhaust systems is being fuelled by rising sales of passenger automobiles and commercial vehicles in both developed and emerging economies. Furthermore, gasoline and diesel engines release poisonous chemicals and particles that are dangerous to the environment, therefore stringent regulatory rules linked with carbon emissions are projected to boost the automotive exhaust systems market over the projection period.
An automotive exhaust systems carries waste combustion products from the engine and reduces the overall noise of the vehicle. It comprises the exhaust valves that allow burned gases and particulate matter to pass through ports into the exhaust manifolds. These manifolds, which are fastened to the engine, combine the channel into a single outlet pipe wherein resonators and mufflers discharge the exhaust gases in the atmosphere through the tailpipe. Presently, automotive exhaust systems are widely utilized to trap certain pollutants, expel purified exhaust gases and minimize the environmental footprint of vehicles.
The exhaust system consists of an exhaust manifold, downpipe, catalytic converter, sensors (oxygen, temperature, and others), mufflers, resonators, clamps, and tailpipes. The exhaust system also consists of various after-treatment devices, along with the catalytic converter, which is utilized to remove harmful constituents such as carbon monoxide (CO), carbon dioxide (CO2), nitrogen oxides (NOX), and particulate matter (PM) from the exhaust gas.
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Global Automotive Exhaust Systems Market: Segmentations
Global Automotive Exhaust Systems Market: By Key Players
BENTELER International
Faurecia
Magneti Marelli
Tenneco
BASF
Bekaert
Calsonic Kansei
Eberspacher
MAHLE
Wuxi Longsheng Technology
MAGNAFLOW
Flowmaster Mufflers
BORLA
CORSA Performance
Gibson Automotive
Banks Power
Holley Performance Products
JBA Headers
Global Automotive Exhaust Systems Market: By Types
Muffler
Exhaust Pipe
Global Automotive Exhaust Systems Market: By Applications
Passenger Car
Commercial Vehicle
Global Automotive Exhaust Systems Market: Regional Analysis
The countries covered in the regional analysis of the Global Automotive Exhaust Systems market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase this Report:
1. Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
2. Provision of market value (USD Billion) data for each segment and sub-segment
3. Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
4. Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
5. Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
6. Extensive company profiles comprising of company overview, company insights, product
7. The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
8. Includes an in-depth analysis of the market of various perspectives through Porter's five forces analysis
9. Market dynamics scenario, along with growth opportunities of the market in the years to come
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