Market Overview:
The global car exhaust system market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, stringent emission norms by regulatory authorities are also propelling the growth of this market. Based on type, the global car exhaust system market is segmented into single exhaust system and dual exhaust system. The dual exhaust system segment is expected to grow at a higher CAGR than the single exhaust system segment during the forecast period. This can be attributed to its ability to reduce emissions more effectively as compared with a single exhaust system. Based on application, the global car exhaust systems market is divided into petrol vehicle and diesel vehicle segments.
Product Definition:
The car exhaust system is a series of pipes that extend from the engine to the back of the car. The exhaust system helps to reduce noise and emissions from the engine.
Single Exhaust System:
Single exhaust system (SES) is a pipe that carries exhaust gases away from the engine. In older cars, there were two pipes - one for each cylinder. Modern SES has one pipe with branches for all four cylinders.
The growth of the global single exhaust system market can be attributed to factors such as increasing demand in luxury cars and sports utility vehicles, technological advancements by major manufacturers and rising disposable income levels among consumers across emerging markets like India & China.
Dual Exhaust System:
The dual exhaust system is a set of two pipes coming out of the muffler, one from each side. The objective is to provide twice the amount of oxygen to the engine as compared to single exhaust system.
In case of single exhaust, all gases that are not needed for combustion get swept into turbocharger or intercooler and waste energy gets converted into heat which increases temperature in engine and affects its performance.
Application Insights:
Petrol vehicle segment accounted for the largest share of over 70.0% in 2017 and is expected to continue its dominance over the forecast period. Rising demand for petrol-powered vehicles owing to their ability to provide higher performance, better fuel efficiency, and reduced emissions is projected to be a key factor driving this application segment. In addition, stringent government regulations regarding exhaust systems fitted in motor vehicles are anticipated to further propel industry growth during the forecast period.
Diesel vehicle exhaust system market was valued at USD 1,252.5 million in 2017 owing to rising demand from trucks and buses operating across various industries worldwide such as construction, mining & quarrying, automotive etc., which require diesel engines with low emission levels for optimum productivity gains coupled with increasing R&D investments by major players such as Daimler AG; Mercedes Benz; Volkswagen AG; Ford Motor Company; General Motors Company LLC.; Paccar Inc.; Volvo AB etc.
Regional Analysis:
The market in Asia Pacific and Latin America is anticipated to grow at a rapid pace over the forecast period owing to increasing automobile production and sales. The growing middle-class population in these regions, along with rising disposable income, has led to an increase in the number of vehicle sales. This trend is projected to continue over the next eight years, thereby driving demand for CARS systems across this region.
Asia Pacific accounted for a share of more than 50% of global car exhaust system demand on account of high automotive production coupled with strong economic growth in China and India as compared to other regional markets such as U.S., Germany or Japan etc.; hence it will have a positive impact on industry growth over the forecast period. In addition, favorable government policies promoting investments from international manufacturers are expected drive product demand further; however strict emission norms governing single-hatch vehicles may pose some challenges for industry expansion during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for fuel-efficient and low-emission vehicles
- Stringent emission norms by regulatory authorities across the globe
- Rising demand for luxury cars and SUVs
- Development of advanced exhaust systems with better performance and efficiency
- Growing popularity of aftermarket exhaust system upgrades
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Exhaust System Market Research Report
By Type
Single Exhaust System, Dual Exhaust System
By Application
Petrol Vehicle, Diesel Vehicle
By Companies
Faurecia, Tenneco, Eberspacher, Boysen, Sango, HITER, Yutaka Giken, Calsonic Kansei, Magneti Marelli, Benteler, Sejong Industrial, Katcon, Futaba, Wanxiang, Bosal, Harbin Airui, Dinex, Catar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Car Exhaust System Market Report Segments:
The global Car Exhaust System market is segmented on the basis of:
Types
Single Exhaust System, Dual Exhaust System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Petrol Vehicle, Diesel Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Faurecia
- Tenneco
- Eberspacher
- Boysen
- Sango
- HITER
- Yutaka Giken
- Calsonic Kansei
- Magneti Marelli
- Benteler
- Sejong Industrial
- Katcon
- Futaba
- Wanxiang
- Bosal
- Harbin Airui
- Dinex
- Catar
Highlights of The Car Exhaust System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Exhaust System
- Dual Exhaust System
- By Application:
- Petrol Vehicle
- Diesel Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Car Exhaust System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The exhaust system is a series of pipes and valves that carry exhaust gases from the engine out of the vehicle.
Some of the key players operating in the car exhaust system market are Faurecia, Tenneco, Eberspacher, Boysen, Sango, HITER, Yutaka Giken, Calsonic Kansei, Magneti Marelli, Benteler, Sejong Industrial, Katcon, Futaba, Wanxiang, Bosal, Harbin Airui, Dinex, Catar.
The car exhaust system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Exhaust System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Car Exhaust System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car Exhaust System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Car Exhaust System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Car Exhaust System Market Size & Forecast, 2020-2028
4.5.1 Car Exhaust System Market Size and Y-o-Y Growth
4.5.2 Car Exhaust System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Exhaust System
5.2.2 Dual Exhaust System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Petrol Vehicle
6.2.2 Diesel Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Exhaust System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Car Exhaust System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Exhaust System
9.6.2 Dual Exhaust System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Petrol Vehicle
9.10.2 Diesel Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Exhaust System
10.6.2 Dual Exhaust System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Petrol Vehicle
10.10.2 Diesel Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Exhaust System
11.6.2 Dual Exhaust System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Petrol Vehicle
11.10.2 Diesel Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Exhaust System
12.6.2 Dual Exhaust System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Petrol Vehicle
12.10.2 Diesel Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Exhaust System
13.6.2 Dual Exhaust System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Petrol Vehicle
13.10.2 Diesel Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Car Exhaust System Market: Competitive Dashboard
14.2 Global Car Exhaust System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Faurecia
14.3.2 Tenneco
14.3.3 Eberspacher
14.3.4 Boysen
14.3.5 Sango
14.3.6 HITER
14.3.7 Yutaka Giken
14.3.8 Calsonic Kansei
14.3.9 Magneti Marelli
14.3.10 Benteler
14.3.11 Sejong Industrial
14.3.12 Katcon
14.3.13 Futaba
14.3.14 Wanxiang
14.3.15 Bosal
14.3.16 Harbin Airui
14.3.17 Dinex
14.3.18 Catar
