Global Exhaust System Market Growth, Demand, Analysis and Forecast 2022

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On the basis of vehicle type, passenger car is expected to remain the most attractive segment of the market. Increasing sales of passenger cars across the globe is anticipated to favor the prospects of the global automotive exhaust system market during the forecast period. The passenger car segment is projected to grow to nearly US$ 33,000 Mn by 2022, reflecting a steady CAGR. During the same period, the LCV segment will retain its second spot, reaching an impressive market valuation by 2022-end. 

By fuel type, the diesel segment is expected to grow to US$ 36,400 Mn by the end of 2022, reflecting a healthy CAGR. In addition, the segment is set to gain 10 BPS and create an absolute $ opportunity of US$ 8,664.3 Mn between 2017 and 2022. This is primarily owing to increasing consumer preference for diesel engine vehicles.

Meanwhile, the gasoline segment projected to expand at a moderate CAGR during the projection period.

Competitive Landscape 

Some of the leading companies operating in the global automotive exhaust system market include Futaba Industrial Co., Ltd., Faurecia, Tenneco Inc., Ltd., Sejong Industrial Co., Ltd., Sango Co., Ltd, Friedrich Boysen GmbH & Co. KG, Benteler International AG, Eberspacher, Yutaka Giken Co., and Harbin Airui Automotive Automotive exhaust System. Many of these market players are actively focusing on developing more light weight and technologically advanced products that can help in enhancing the overall functionality of the vehicle. Moreover, companies are also entering strategic partnerships and collaboration projects in order to further increase their product offerings.

OEM Will Remain the Leading Sales Channel for Automotive exhaust Systems

OEM is projected to remain the most attractive sale channel for automotive exhaust systems during the forecast period. The OEM segment is estimated to reach a market valuation of US$ 37,722.8 Mn by 2022-end, expanding at a stable CAGR. Technological advancement remains a double-edged sword for OEMs. Those who adapt to the change can leverage the available opportunities, whereas failure to scale up to demand can render businesses obsolete. Meanwhile, sales of automotive exhaust system in aftermarket will remain relatively lower over 2022. Globally, around US$ 19,781.8 Mn worth automotive exhaust systems are expected to be sold in aftermarket towards the end of the projected period.

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List of Tables

Chapter 1. Global Exhaust System Market - Executive Summary. 11

Chapter 2. Global Exhaust System Market Overview. 13

2.1. Introduction. 13

       2.1.1. Global Exhaust System Market Taxonomy. 13

       2.1.2. Global Exhaust System Market Definition. 13

2.2. Global Exhaust System Market Size (US$ Mn) and Forecast, 2012-2022. 14

2.2.1. Global Exhaust System Market Y-o-Y Growth. 14

2.3. Global Exhaust System Market Dynamics. 14

2.3.1. Drivers. 14

2.3.1.1. Shift Toward Green Technology. 14

2.3.1.2. Innovations in Technology. 15

2.3.1.3. The Influence of China. 15

       2.3.2. Trends. 15

2.3.2.1. Adoption of New Mobility Solutions. 15

2.3.2.2. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 15

2.3.2.3. Rising Complexity Influencing Greater Emphasis on Platforming. 16

2.3.2.4. Meeting Emission Guidelines will Gain Prominence. 16

2.4. Supply Chain. 16

2.5. Cost Structure. 17

2.6. Pricing Analysis. 17

2.7. List of Distributors. 17

2.8. Key Participants Market Presence (Intensity Map) By Region. 18

Chapter 3. Global Exhaust System Market Analysis and Forecast By Vehicle Type. 19

3.1. Global Exhaust System Market Size and Forecast By Vehicle Type, 2012- 2022. 19

       3.1.1. Passenger car Exhaust System Market Size and Forecast, 2012-2022. 19

3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 19

3.1.1.2. Market Share Comparison, By Region. 20

3.1.1.3. Y-o-Y growth Comparison, By Region. 21

       3.1.2. LCV Exhaust System Market Size and Forecast, 2012-2022. 23

3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 23

3.1.2.2. Market Share Comparison, By Region. 24

3.1.2.3. Y-o-Y growth Comparison, By Region. 25

       3.1.3. HCV Exhaust System Market Size and Forecast, 2012-2022. 26

3.1.3.1. Revenue (US$ Mn) Comparison, By Region. 26

3.1.3.2. Market Share Comparison, By Region. 28

3.1.3.3. Y-o-Y growth Comparison, By Region. 29

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