Market Overview:
The global electric vehicle exhaust system market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles across the globe. Electric vehicles emit zero emissions and are environment-friendly, which is driving their adoption in various regions. Additionally, governments are providing incentives for the adoption of electric vehicles, which is also contributing to the growth of this market. The global electric vehicle exhaust system market can be segmented on the basis of type into single exhaust system and dual exhaust system. The single exhaust system segment is expected to hold a major share in this market owing to its low cost and easy installation. On the basis of application, this market can be divided into PHEVs and BEVs.
Product Definition:
Electric Vehicle Exhaust System is the system that helps in the removal of harmful gases from electric vehicles. It is important as it helps in protecting the environment and also keeping the driver and passengers safe.
Single Exhaust System:
Single exhaust system (SES) is a pipe that carries exhaust gases from an engine to an outside environment. The term single refers to a single pipe carrying the exhaust gases, while the Exhaust System is a set of pipes and components that carry the engine's Exhaust Gas Outlet (EGO).
The SES consists of mufflers or tailpipes, catalytic converter if any, and usually one or more silencers.
Dual Exhaust System:
The dual exhaust system is a series of pipes that carry exhaust gases from an engine away from the vehicle. The basic function of the dual exhaust system is to reduce pollution and backpressure in engines, which results in improved performance and efficiency.
Increasing stringency of emission norms globally has forced automotive manufacturers to focus on development of efficient vehicles with low emissions.
Application Insights:
The passenger vehicle segment dominated the global electric vehicle exhaust system market, accounting for more than 60.0% share of the overall revenue in 2017. The growing sales of passenger vehicles are expected to be a major factor driving growth over the forecast period. Electric buses and heavy-duty electric trucks have been gaining popularity due to their low maintenance cost, reduced noise pollution and lower fuel emission as compared to diesel engines, which is likely to propel demand over the forecast period.
The dual-use vehicles segment accounted for a significant share in 2017 owing to rising government initiatives such as ¢â‚¬Å“Make In India¢â‚¬ that encourages manufacturing of commercial vehicles in India including light commercial Vehicles (LCVs), medium commercial Vehicles (MCVs) and heavy Commercial Vehicles (HCVs). This is expected to increase production by around 50% from 2018 through 2030 thereby augmenting product demand during this period.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing sales of electric vehicles and stringent government regulations regarding vehicular emissions. For instance, as per the U.S Environmental Protection Agency (EPA), an electric vehicle with a battery capacity greater than 75 kilowatt-hour is considered a HEV, whereas one with less than 75 kWh capacity is classified as an EV.
The European market was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period owing to rising investments by companies in order to meet environmental standards set by governments across Europe and other regions are considering adopting strict emission rules for commercial vehicles or have already done so., such as China, Japan, Norway among others.; hence creating growth opportunities for global automotive manufacturers operating within this region.
Growth Factors:
- Increasing demand for electric vehicles: The global electric vehicle market is expected to grow at a CAGR of more than 28% during the forecast period. This will lead to an increase in the demand for electric vehicle exhaust systems.
- Stringent emission norms: Stringent emission norms are being implemented by various governments across the world in a bid to reduce air pollution levels. This is expected to drive the growth of the electric vehicle exhaust system market during the forecast period.
- Technological advancements: The development of new and innovative technologies has led to the introduction of advanced and efficient electric vehicle exhaust systems in the market, which is driving its growth globally.
- Rising awareness about environment-friendly technologies: There is a growing awareness among consumers about environment-friendly technologies such as electric vehicles, which is propelling their adoption worldwide and leading to an increase in demand for related components such as exhaust systems.. 5) Growing number of collaborations and partnerships between OEMs and component suppliers: A growing number of collaborations and partnerships between Original Equipment Manufacturers (OEMs) and component suppliers are taking place with regards to developing advanced Electric Vehicle Exhaust Systems (EVES).
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Vehicle Exhaust System Market Research Report
By Type
Single Exhaust System, Dual Exhaust System
By Application
PHEV, BEV
By Companies
Faurecia, Tenneco, Eberspacher, Boysen, Sango, HITER, Yutaka Giken, CalsonicKansei, 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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Electric Vehicle Exhaust System Market Report Segments:
The global Electric Vehicle 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
PHEV, BEV
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
- CalsonicKansei
- Magneti Marelli
- Benteler
- Sejong Industrial
- Katcon
- Futaba
- Wanxiang
- Bosal
- Harbin Airui
- Dinex
- Catar
Highlights of The Electric Vehicle 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:
- PHEV
- BEV
- 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 Electric Vehicle 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.
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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?
An electric vehicle exhaust system (EVES) is a component of an electric vehicle that helps to reduce emissions from the vehicle. EVs use electricity to power the motors, and as a result, they produce zero emissions when in operation. The EVES consists of several components, including an engine muffler, catalytic converter and tailpipe.
Some of the major companies in the electric vehicle exhaust system market are Faurecia, Tenneco, Eberspacher, Boysen, Sango, HITER, Yutaka Giken, CalsonicKansei, Magneti Marelli, Benteler, Sejong Industrial, Katcon, Futaba, Wanxiang, Bosal, Harbin Airui, Dinex, Catar.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Vehicle 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 Electric Vehicle Exhaust System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Vehicle 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 Electric Vehicle 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 Electric Vehicle Exhaust System Market Size & Forecast, 2020-2028
4.5.1 Electric Vehicle Exhaust System Market Size and Y-o-Y Growth
4.5.2 Electric Vehicle 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 PHEV
6.2.2 BEV
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Vehicle 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 Electric Vehicle 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 PHEV
9.10.2 BEV
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 PHEV
10.10.2 BEV
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 PHEV
11.10.2 BEV
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 PHEV
12.10.2 BEV
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 PHEV
13.10.2 BEV
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 Electric Vehicle Exhaust System Market: Competitive Dashboard
14.2 Global Electric Vehicle 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 CalsonicKansei
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
