Market Overview:
The global passenger vehicle exhaust system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger vehicles across the globe and stringent emission norms by regulatory authorities. The global passenger vehicle exhaust system market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into single exhaust system and dual exhaust system. Dual exhaust systems are more popular than single exhaust systems as they offer better performance and fuel efficiency. On the basis of application, petrol vehicles account for a larger share in terms of volume as compared to diesel vehicles; however, diesel vehicles are expected to grow at a higher CAGR during the forecast period owing to stringent emission norms by regulatory authorities across different regions globally.
Product Definition:
A passenger vehicle exhaust system is a series of tubes and chambers that direct exhaust gases from the engine to the rear of the vehicle. The system includes a muffler, which reduces noise, and a catalytic converter, which reduces air pollution. The main purpose of a passenger vehicle exhaust system is to safely remove harmful emissions from the engine while reducing noise levels.
Single Exhaust System:
Single exhaust system is a pipe that carries exhaust gases from an engine to the outside world. In earlier days, there were no such systems; instead, various parts of engines were muffled by connecting pipes and cans. With the advent of technology and innovation in design came Single Exhaust System (SES), which uses one pipe for all emissions.
Dual Exhaust System:
The dual exhaust system is a series of pipes that are joined together and then to the muffler. The main function of this system is to reduce harmful emissions from an engine. In most cases, it consists of two tubes that join the muffler to the tailpipe.
It has become essential for automobile manufacturers in order to meet stringent emission norms set by governments around the world, as well as improve vehicle performance at same time.
Application Insights:
Petrol vehicles accounted for the largest share of over 70.0% in 2017 and are expected to maintain their dominance over the forecast period. The growing demand for passenger cars as a mode of transportation is anticipated to have a positive impact on segment growth during the forecast period. In addition, stringent regulations regarding vehicle emissions in various countries such as U.S., China, India and Australia are expected to drive exhaust systems demand from petrol vehicles application segment during the forecast period.
Diesel vehicles are projected to grow at fastest CAGR of XX% from 2018 to 2030 owing majorly due to increasing government initiatives regarding reducing vehicular pollution levels in order not degrade with time air quality standards set by governments across countries worldwide which has resulted into increased adoption diesel engines across regions especially Europe.
Regional Analysis:
Europe dominated the global passenger vehicle exhaust system market in 2017 owing to stringent government regulations and norms for vehicular pollution. The European Union has implemented numerous policies, which have mandated the installation of Exhaust Gas Recycling Systems (EGR) on all vehicles since 2009. This norm is expected to increase over time as a measure against vehicular pollution across the region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing automobile production in countries such as India, China and Japan coupled with rising per capita income in these regions. Furthermore, growing demand for luxury cars is also likely to drive product demand across this region during the forecast period.
North America was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for passenger vehicles
- Rising disposable income of consumers
- Technological advancements in exhaust systems
- Stringent emission norms by regulatory authorities
- Growing awareness about the benefits of exhaust systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Vehicle 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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Vehicle Exhaust System Market Report Segments:
The global Passenger 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
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 Passenger 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:
- 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 Passenger 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.
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 passenger vehicle exhaust system (PVES) is a series of pipes and valves that carry exhaust from the engine to the outside air. The system helps to reduce pollution in the air by removing harmful gases and particles from the engine.
Some of the major players in the passenger vehicle 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 passenger vehicle exhaust system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passenger 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 Passenger Vehicle Exhaust System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passenger 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 Passenger 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 Passenger Vehicle Exhaust System Market Size & Forecast, 2018-2028
4.5.1 Passenger Vehicle Exhaust System Market Size and Y-o-Y Growth
4.5.2 Passenger Vehicle Exhaust System Market Absolute $ Opportunity
Chapter 5 Global Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System 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 Passenger 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 Passenger 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 Passenger Vehicle Exhaust System Analysis and Forecast
9.1 Introduction
9.2 North America Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System Analysis and Forecast
10.1 Introduction
10.2 Europe Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System Analysis and Forecast
12.1 Introduction
12.2 Latin America Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System 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) Passenger Vehicle Exhaust System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passenger Vehicle Exhaust System 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) Passenger Vehicle Exhaust System 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) Passenger Vehicle Exhaust System 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 Passenger Vehicle Exhaust System Market: Competitive Dashboard
14.2 Global Passenger 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 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
