Global Automotive Exhaust Systems Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Automotive Exhaust Systems Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Component (Exhaust Manifold, Muffler, Catalytic Converter, Oxygen Sensor, and Exhaust Pipes), Fuel Type (Gasoline, and Diesel), Vehicle Type (Passenger Car, and Commercial Vehicles), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Automotive Exhaust Systems Market was valued at USD 50,356.1 million in 2023 and is expected to reach USD 91,154.4 million by 2031 while growing at a CAGR of 7.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global automotive exhaust systems market growth. The automotive exhaust system, a crucial component in a vehicle, manages and directs emissions from the combustion process. Its primary function is to guide and treat engine-generated exhaust gases, removing harmful substances and reducing noise through a combination of components working in tandem.
Increasing vehicle production and ongoing advancements in exhaust system technologies, including selective catalytic reduction (SCR), diesel particulate filters (DPF), and gasoline particulate filters (GPF), propel the growth of the automotive exhaust systems market. Nevertheless, obstacles such as high initial costs and the rapid evolution of automotive technologies may impede market expansion.
Furthermore, the global automotive exhaust systems industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Component Analysis
The Global Automotive Exhaust Systems Market is segmented among Exhaust Manifold, Muffler, Catalytic Converter, Oxygen Sensor, and Exhaust Pipes, based on Component. In 2023, Exhaust Manifold accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Fuel Type Analysis
The Global Automotive Exhaust Systems Market is segmented among Gasoline, and Diesel, based on Fuel Type. In 2023, Gasoline accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Automotive Exhaust Systems Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Latin America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are BENTELER International Aktiengesellschaft, BOSAL, Continental AG, Eberspächer, FORVIA Faurecia, FUTABA INDUSTRIAL CO., LTD, Boysen, Sejong Industrial Co.,Ltd, Tenneco Inc., and Yutaka Giken Company Limited.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Automotive Exhaust Systems Market Dynamics
Drivers
Restraints
Opportunity
4. Global Automotive Exhaust Systems Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Automotive Exhaust Systems Market Segmentation, By Component
Global Automotive Exhaust Systems Market Share Analysis, By Component
Global Automotive Exhaust Systems Market Growth Analysis, By Component
Global Automotive Exhaust Systems Market Trends, By Component
o Exhaust Manifold
o Muffler
o Catalytic Converter
o Oxygen Sensor
o Exhaust Pipes
6. Global Automotive Exhaust Systems Market Segmentation, By Fuel Type
Global Automotive Exhaust Systems Market Share Analysis, By Fuel Type
Global Automotive Exhaust Systems Market Growth Analysis, By Fuel Type
Global Automotive Exhaust Systems Market Trends, By Fuel Type
o Gasoline
o Diesel
7. Global Automotive Exhaust Systems Market Segmentation, By Vehicle Type
Global Automotive Exhaust Systems Market Share Analysis, By Vehicle Type
Global Automotive Exhaust Systems Market Growth Analysis, By Vehicle Type
Global Automotive Exhaust Systems Market Trends, By Vehicle Type
o Passenger Car
o Commercial Vehicles
8. Global Automotive Exhaust Systems Market Segmentation, By Region
Global Automotive Exhaust Systems Market Share Analysis, By Region
Global Automotive Exhaust Systems Market Growth Analysis, By Region
Global Automotive Exhaust Systems Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
BENTELER International Aktiengesellschaft*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
BOSAL
Continental AG
Eberspächer
FORVIA Faurecia
FUTABA INDUSTRIAL CO., LTD
Boysen
Sejong Industrial Co.,Ltd
Tenneco Inc.
Yutaka Giken Company Limited
*Similar analysis will be provided for each company listed above.