Exhaust System - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Exhaust System Market is accounted for $84.80 billion in 2018 and is expected to reach $170.64 billion by 2027 growing at a CAGR of 8.1% during the forecast period. Strict government rules & regulations for fuel efficiency & emissions, growing environmental problems and the increasing health hazards are the major factors driving the market growth. However, the high cost associated with lightweight exhaust components and increasing sales of battery electric vehicles is restraining market growth.
An exhaust system is usually piping used to guide reaction exhaust gases away from a controlled combustion inside an engine or stove. The entire system conveys burnt gases from the engine and includes one or more exhaust pipes.
Based on the after-treatment device, the original equipment (OE) segment is likely to have a huge demand due to maximum installation rate in developed countries owing to the ongoing emission norms and it is mostly chosen in diesel vehicles across the globe. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to increasing production of the vehicles, presence of the major automotive OEMs in the region.
Some of the key players profiled in the Exhaust System Market include Yutaka Giken, Tenneco, Sharda Motor Industries, Calsonic Kansei, Bosal, Magnaflow, Benteler International, Grand Rock, Futaba Industrial, Friedrich Boysen, Fennosteel, Faurecia, European Exhaust and Catalyst, Eminox, Eberspcher, Sejong Industrial, Sango, Dinex, Continental, and Katcon.
Fuel Types Covered:
• Original Equipment (OE)
After-Treatment Devices Covered:
• Original Equipment (OE)
Vehicle Types Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Select License Type
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.