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Global exhaust system market is expected to reach USD 141.1million by 2027

Global Exhaust System Market Size study, by After-Treatment Device (Diesel Oxidation Catalyst, Diesel Particulate Filter, Lean NOx Trap, Selective Catalyst Reduction, Gasoline Particulate Filter), by Component (Exhaust Manifold, Downpipe, Catalytic Converter, Muffler, Tailpipe, Sensors), by Vehicle Type (Passenger Car, Light Commercial Vehicle, Truck And Bus), by Aftermarket Vehicle Type (Light-Duty Vehicle, Heavy Duty Vehicle),by Off-Highway Vehicle Type (Agricultural Tractor, Construction Equipment) and Regional Forecasts 2021-2027

Product Code: OIRIGS-97940112
Publish Date: 15-08-2021
Page: 200

Global exhaust system market is valued approximately at USD 85.05 million in 2020 and is anticipated to grow with a healthy growth rate of about7.5 % over the forecast period 2021-2027. Exhaust system is used to guide exhaust gases away from controlled combustion from interior of stove or an engine. The system comprises of many pieces and pipes that work in together to provide a path for exhaust gasses to be emitted out from the engine. The global exhaust system market is being driven by growing vehicle emission leading to stringent emission and fuel economy regulations and growing penetration of after-treatment devices in combinations. Furthermore, growing demand for gasoline particulate filters (GPF) in GDI engines will provide new opportunities for the global exhaust system industry. The European Union targets to reduce the average carbon dioxide emissions from new cars by around 15% in 2025 and by around 37.5% in 2030 relative to 2021 baseline. Also, the Japan government targets to achieve net zero greenhouse gas emissions by 2050. Such regulations pertaining to emissions would increase the adoption of exhaust system and is expected to drive the market growth during the forecast period. However, growing sales of clean vehicles may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global exhaust system market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading region across the world in terms of market share due to factors such as increase in production of the vehicles, reduced import duties, availability of low cost and skilled labour, introduction of strict emission regulations, etc. in the region. Whereas North America is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to increasing government regulations related to the emissions of the harmful gases, etc. across the region.

Major market player included in this report are:
Tenneco Inc.
Continental AG
Futaba Industrial Co.Ltd.
Benteler International
Friedrich Boysen GmbH & Co. KG
Yutaka Giken Company Limited
Sejong Industrial Co.Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By After-Treatment Device:
Oxidation Catalyst (DOC)
Diesel Particulate Filter (DPF)
Lean NOx (Nitrogen Oxide) Trap (LNT)
Selective Catalyst Reduction (SCR)
Gasoline Particulate Filter (GPF)
By Component:
Exhaust Manifold
Catalytic Converter
By Vehicle Type:
Passenger Car
Light Commercial Vehicle (LCV)
Truck and Bus
By Aftermarket Vehicle Type:
Light-Duty Vehicle (LDV)
Heavy Duty Vehicle (HDV)
By Off-Highway Vehicle Type:
Agricultural Tractor
Construction Equipment
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Exhaust System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Exhaust System Market, by Region, 2019-2027 (USD Billion)
1.2.2. Exhaust System Market, by After-Treatment Device,2019-2027 (USD Billion)
1.2.3. Exhaust System Market, by Component,2019-2027 (USD Billion)
1.2.4. Exhaust System Market, by Vehicle Type, 2019-2027 (USD Billion)
1.2.5. Exhaust System Market , by Aftermarket Vehicle Type, 2019-2027 (USD Billion)
1.2.6. Exhaust System Market , by Off-Highway Vehicle Type, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Exhaust System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Exhaust System Market Dynamics
3.1. Exhaust System Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Growing vehicle emission leading to stringent emission and fuel economy regulations Growing penetration of after-treatment devices in combinations
3.1.2. Market Restraint Growing sales of clean vehicles
3.1.3. Market Opportunities Growing demand for gasoline particulate filters (GPF) in GDI engines
Chapter 4. Global Exhaust System Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Exhaust System Market, by After-Treatment Device
a. Market Snapshot
5.1. Global Exhaust System Market by After-Treatment Device, Performance – Potential Analysis
5.2. Global Exhaust System Market Estimates & Forecasts by After-Treatment Device 2018-2027 (USD Billion)
5.3. Exhaust System Market, Sub Segment Analysis
5.3.1. Diesel Oxidation Catalyst (DOC)
5.3.2. Diesel Particulate Filter (DPF)
5.3.3. Lean NOx (Nitrogen Oxide) Trap (LNT)
5.3.4. Selective Catalyst Reduction (SCR)
5.3.5. Gasoline Particulate Filter (GPF)
Chapter 6. Global Exhaust System Market, by Component
6.1. Market Snapshot
6.2. Global Exhaust System Market by Component, Performance – Potential Analysis
6.3. Global Exhaust System Market Estimates & Forecasts by Component 2018-2027 (USD Billion)
6.4. Exhaust System Market, Sub Segment Analysis
6.4.1. Exhaust Manifold
6.4.2. Downpipe
6.4.3. Catalytic Converter
6.4.4. Muffler
6.4.5. Tailpipe
6.4.6. Sensors
Chapter 7. Global Exhaust System Market, by Vehicle Type
7.1. Market Snapshot
7.2. Global Exhaust System Market by Vehicle Type, Performance – Potential Analysis
7.3. Global Exhaust System Market Estimates & Forecasts by Vehicle Type 2018-2027 (USD Billion)
7.4. Exhaust System Market, Sub Segment Analysis
7.4.1. Passenger Car
7.4.2. Light Commercial Vehicle (LCV)
7.4.3. Truck And Bus
Chapter 8. Global Exhaust System Market, by Aftermarket Vehicle Type
8.1. Market Snapshot
8.2. Global Exhaust System Market by Aftermarket Vehicle Type, Performance – Potential Analysis
8.3. Global Exhaust System Market Estimates & Forecasts by Aftermarket Vehicle Type 2018-2027 (USD Billion)
8.4. Exhaust System Market, Sub Segment Analysis
8.4.1. Light-Duty Vehicle (LDV)
8.4.2. Heavy Duty Vehicle (HDV)
Chapter 9. Global Exhaust System Market, by Off-Highway Vehicle Type
9.1. Market Snapshot
9.2. Global Exhaust System Market by Off-Highway Vehicle Type, Performance – Potential Analysis
9.3. Global Exhaust System Market Estimates & Forecasts by Off-Highway Vehicle Type2018-2027 (USD Billion)
9.4. Exhaust System Market, Sub Segment Analysis
9.4.1. Agricultural Tractor
9.4.2. Construction Equipment
Chapter 10. Global Exhaust System Market, Regional Analysis
10.1. Exhaust System Market, Regional Market Snapshot
10.2. North America Exhaust System Market
10.2.1. U.S. Exhaust System Market After-Treatment Device Breakdown Estimates & Forecasts, 2018-2027 Component Breakdown Estimates & Forecasts, 2018-2027 Vehicle Type Breakdown Estimates & Forecasts, 2018-2027 Aftermarket Vehicle Type Breakdown Estimates & Forecasts, 2018-2027 Off-Highway Vehicle Type Breakdown Estimates & Forecasts, 2018-2027
10.2.2. Canada Exhaust System Market
10.3. Europe Exhaust System Market Snapshot
10.3.1. U.K. Exhaust System Market
10.3.2. Germany Exhaust System Market
10.3.3. France Exhaust System Market
10.3.4. Spain Exhaust System Market
10.3.5. Italy Exhaust System Market
10.3.6. Rest of Europe Exhaust System Market
10.4. Asia-Pacific Exhaust System Market Snapshot
10.4.1. China Exhaust System Market
10.4.2. India Exhaust System Market
10.4.3. Japan Exhaust System Market
10.4.4. Australia Exhaust System Market
10.4.5. South Korea Exhaust System Market
10.4.6. Rest of Asia Pacific Exhaust System Market
10.5. Latin America Exhaust System Market Snapshot
10.5.1. Brazil Exhaust System Market
10.5.2. Mexico Exhaust System Market
10.6. Rest of The World Exhaust System Market
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Faurecia Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. Tenneco Inc.
11.2.3. Continental AG
11.2.4. Eberspächer
11.2.5. Futaba Industrial Co.Ltd.
11.2.6. Benteler International
11.2.7. Friedrich Boysen GmbH & Co. KG
11.2.8. Yutaka Giken Company Limited
11.2.9. Sejong Industrial Co.Ltd.
11.2.10. Bosal

Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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