Current Advancements in Exhaust Systems Market

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Exhaust Systems Market - Global Forecast to 2021
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Exhaust Systems Market by After Treatment Device
(DOC, DPF, LNT, SCR GPF), Fuel Type, Component
(Manifold, Downpipe, Catalytic Converter,
Muffler, Tailpipe, Sensor), and Region,
Aftermarket by Component After Treatment Device
- Global Forecast to 2021 The exhaust systems
market is projected to grow at a CAGR of 8.45
during the forecast period, to reach a market
size of USD 59.02 Billion by 2021. A wide array
of upcoming regulations for emission control and
better fuel economy, and partnership between
exhaust systems manufacturers and automotive OEMs
for developing advanced technologies have
influenced the demand of exhaust systems PDF
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Catalytic Converters and Exhaust manifolds
holds the largest share in exhaust systems market
by components Catalytic converter and exhaust
manifolds accounted to have the largest market
for components. The growth can be attributed to
the increased production of passenger cars and
commercial vehicles around the world.  The
exhaust system manufacturers have been
continuously investing heavily in RD activities
for the development of technologically advanced
products in order to comply with the new
guidelines. As a result, the global market for
exhaust systems components is projected to
accelerate significantly. Also, the increasing
vehicle production across the globe will also
trigger the growth of components market.
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Gasoline Particulate Filters (GPF) is the
fastest growing segment of the market after
treatment devices for exhaust systems The
introduction of gasoline direct injection (GDI)
technology in passenger cars has been started
from a while. The gasoline direct injection (GDI)
engines emits more particulate matter (PM)
content than Multi-Port Fuel Injection (MPI)
engines. In order to meet the emission limits
defined by European and U.S. regulatory bodies,
the implementation of GPF devices becomes
necessary in order to control the particulate
matter (PM) level from the vehicles.
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Asia-Oceania Largest and fastest growing
market for exhaust systems The Asia-Pacific
region has emerged as the leader in global
vehicle production with the production growth of
around 17 in past 5 years, and also becomes the
leader in automotive exhaust systems
manufacturing. China has been the worlds largest
automobile market in recent years. According to
Organisation Internationale des Constructeurs
Automobiles (OICA), China accounted almost 27 of
global vehicle production in 2015. This could be
owed mainly to the major automotive OEMs setting
up their manufacturing plants in China. . In
addition to that, the growing economies of
countries like India and Indonesia are reasons
that this region is able to maintain its
leadership position in the market across globe.
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Market Ecosystem The ecosystem of the advanced
gear shifter system market for automotive
consists of manufacturers such as ZF (Germany),
Kongsberg (Norway), Dura Automotive (US), Ficosa
(Spain), and Stoneridge (US), and research
institutes such as Colorado Off-highway Vehicle
Coalition (COHVCO), Japan Automobile
Manufacturers Association (JAMA), European
Automobile Manufacturers Association (ACEA),
Canadian Automobile Association (CAA), and Korea
Automobile Manufacturers Association (KAMA).
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Browse gtgt 96 market data
tables 72 figures
202 pages and in-depth TOC on Exhaust
Systems Market Global Forecast to
2021 Early buyers will receive 10
customization on this report. This is a Premium
Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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