Automotive Exhaust Systems Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The automotive exhaust system market size is expected to grow by $ 5.89 bn and record a CAGR of 2% during 2022-2028. The automotive exhaust system is an essential component of an automotive vehicle. Increasing interest in the development of technologies to meet international emission guidelines is expected to affect the use of exhaust systems in the automotive manufacturing industry. Factors such as regulatory obligations, increased consumer awareness, and the emergence of automobile companies utilizing advanced green technology are driving the growth of the global market for automotive exhaust systems.
Company Profile
The major player operating in the market of global automotive exhaust system market are Faurecia SA (France), Tenneco Inc. (U.S.), Eberspächer GmbH & Co. Kg. (Germany), and Futaba Industrial Co. Ltd. (Japan). Sango Co. Ltd. (Japan), Benteler International AG. (Germany), Friedrich Boysen GmbH & Co. Kg. (Germany), Yutaka Giken Co. Ltd. (Japan), Sejong Industrial Co., Ltd. (South Korea), and Bosal International NV (Belgium) are among others.
Market Segmentation
By Component
- Manifold
• Connector
• Exhaust Pipes & Elbows
• Muffler
• Stack Pipe
By Vehicle Type
- Passenger Cars
• LCVs
• HCVs
Scope of the Report
The research study analyzes the Automotive Exhaust Systems Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Exhaust Systems Market Report
- What was the Automotive Exhaust Systems Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Automotive Exhaust Systems Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Automotive Exhaust Systems Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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