DUBLIN--(BUSINESS WIRE)--The "Global Automotive Exhaust Systems Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.
Global automotive exhaust systems market to grow at a CAGR of 4.08% during the period 2017-2021.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is Industrial shift toward selective catalytic reduction technology. Stringent regulations across the world aiming at emission control has been pushing faster developments in exhaust gas systems, which has led to increased adoption of exhaust gas recirculation sensors. The market is experiencing a shift toward selective catalytic reduction (SCR) technology as it enhances fuel efficiency by controlling NOx emissions in the tailpipe. SCR systems use a reducing agent (marketed as AdBlue), which is injected into the exhaust gases before it moves through the SCR catalytic converter. At this stage, nitrous oxides are converted into non-toxic nitrogen gas and water vapor.
According to the report, one of the major drivers for this market is Increasing demand for vehicles in emerging countries. The passenger car segment holds the largest share of the automotive exhaust system market. An increase in the sales of passenger cars will lead to an increased demand for automotive exhaust system units. Car OEMs are concentrating on venturing the passenger car market in emerging countries, namely China and India, as they have less penetration of automobiles than developed economies such as the US and Europe. Further, exhaust system manufacturers are focusing on increasing their production to meet the rising need for these systems, mainly in the Chinese and Indian automotive markets.
Key Vendors
- BENTELER International
- Faurecia
- Magneti Marelli
- Tenneco
Other Prominent Vendors
- BASF
- Bekaert
- Calsonic Kansei
- Eberspcher
- MAHLE
- Wuxi Longsheng Technology
- MAGNAFLOW
- Flowmaster Mufflers
- BORLA
- CORSA Performance
- Gibson Automotive
- Banks Power
- aFE power
- JBA Headers
- Holley Performance Products
Key Topics Covered
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation by Vehicle Type
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers and Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/mfhv5f/automotive?w=4
