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Automotive Exhaust Systems Market Size Forecasted To Achieve $59.68 Billion By 2029 With Steady Growth

04-02-2025 03:10 PM CET | Logistics & Transport

Press release from: The Business Research Company

Automotive Exhaust Systems

Automotive Exhaust Systems

The Automotive Exhaust Systems Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Automotive Exhaust Systems Market Size and Projected Growth Rate?
In the past few years, there has been a robust growth observed in the size of the automotive exhaust systems market. It is projected to increase from $42.3 billion in 2024 to about $44.8 billion in 2025, enjoying a compound annual growth rate (CAGR) of 5.9%. Factors such as regulatory emissions standards, demand from consumers, growth in vehicle production, requirements for fuel efficiency, and noise pollution control have significantly contributed to the observed growth during the historic period.

The market for automotive exhaust systems is projected to experience significant expansion in the coming years, with its value expected to reach $59.68 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.4%. This growth during the forecast period is expected to be driven by factors such as electric and hybrid vehicles, lightweight materials, autonomous vehicles, aftermarket and retrofit market, hydrogen fuel cell vehicles, recycling and sustainability, and emissions reduction targets. Key trends to watch during the forecast period will include the development of emissions reduction technologies, the integration of sensors and electronics, the advancement of manufacturing techniques, collaborations and mergers, customization and aesthetics, and advanced coating technologies.

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What Are the Major Segments in the Automotive Exhaust Systems Market?
The automotive exhaust systems market covered in this report is segmented -

1) By Technology: Diesel Oxidation Catalyst (DOC), Diesel Particulate Filter (DPF), Selective Catalytic Reduction (SCR), Exhaust Gas Recirculation (EGR), Gasoline Particulate Filter (GPF), Other Technologies
2) By Vehicle Type: Passenger Cars, Light Commercial Vehicle, Truck and Bus

Subsegments:
1) By Diesel Oxidation Catalyst (DOC): Platinum-Based DOC, Palladium-Based DOC, Rhodium-Based DOC
2) By Diesel Particulate Filter (DPF): Ceramic DPF, Metallic DPF, Wall-Flow DPF, Flow-Through DPF
3) By Selective Catalytic Reduction (SCR): Urea-Based SCR, Ammonia-Based SCR
4) By Exhaust Gas Recirculation (EGR): Low-Pressure EGR, High-Pressure EGR
5) By Gasoline Particulate Filter (GPF): Wall-Flow GPF, Flow-Through GPF
6) By Other Technologies: Active Exhaust Systems, Integrated Exhaust Systems, Exhaust Manifolds

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What Are The Driving Automotive Exhaust Systems Market Evolution?
The surge in auto manufacturing is propelling the growth of the automotive exhaust systems market. The spike in disposable income among people in both developed and emerging economies, in conjunction with growing need for personal transport for everyday commuting, is encouraging a swift increase in automobile demand worldwide. This fast-paced expansion in automobile demand promises to enhance the deployment of automotive exhaust systems, which are integral to the construction of automotive vehicles. In May 2023, for example, data from the Belgium-based European Automobile Manufacturers Association, an industry in the European Union, showed that 85.4 million motor vehicles had been produced globally in 2022, marking a 5.7% growth from 2021. This boosts the anticipation that the upsurge in automobile manufacturing will propel the demand for automotive exhaust systems further in the forecasted period.

Which Firms Dominate The Automotive Exhaust Systems Market Segments?
Major companies operating in the automotive exhaust systems market include Benteler International AG, Continental AG, Eberspacher Group, Faurecia SE, Friedrich Boysen GmbH & Co. KG, Tenneco Inc., MagnaFlow, Borla Performance Industries, Bosal Industries Limited, Sejong Industrial Co. Ltd., Yutaka Giken Co. Ltd., Sango Co. Ltd., Futaba Industrial Co. Ltd., Kolbenschmidt Pierburg AG, Delphi Technologies, Tata AutoComp Systems Limited, Eminox Ltd., Calsonic Kansei Corporation, AP Exhaust Products Inc., Sankei Giken Kogyo Co. Ltd., Motus Integrated Technologies, Meritor Inc., Sharda Motor Industries Ltd., Johnson Matthey plc, Arvin Sango Inc., CECO Environmental Corporation, Flowmaster Inc., Dynomax Inc., Crown, Katcon SA de CV

What Trends Are Expected to Dominate the Automotive Exhaust Systems Market in the Next 5 Years?
The trend of establishing new production facilities is gaining traction in the automotive exhaust systems market. Firms in this sector are concentrating on creating new plants as a strategy to broaden their market base to include emerging markets. For instance, in October 2023, Eberspaecher, a German company that makes exhaust emission control systems, set up a new facility in Thailand. The new factory, which covers 3,000 square meters, was completed in just five months on AAPICO's Rayong campus. Approximately 150 employees are expected to manufacture exhaust systems for passenger cars at this plant. These systems will be implemented in a top-selling pick-up truck model from a leading US auto manufacturer.

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Which Is The Largest Region In The Automotive Exhaust Systems Market?
Asia-Pacific was the largest region in the automotive exhaust systems market in 2024. The regions covered in the automotive exhaust systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Exhaust Systems Market?
2. What is the CAGR expected in the Automotive Exhaust Systems Market?
3. What Are the Key Innovations Transforming the Automotive Exhaust Systems Industry?
4. Which Region Is Leading the Automotive Exhaust Systems Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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