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Automotive Exhaust Systems Market to Reach a Valuation of Over US$ 35 Bn by 2027

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News provided by

Future Market Insights

07 Feb, 2018, 15:00 GMT

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VALLEY COTTAGE, New York, February 7, 2018 /PRNewswire/ --

A new research publication titled "Automotive Exhaust Systems Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)" by Future Market Insights presents critical market acumen on developments, trends, key players, growth drivers and revenue forecasts across important regions. A detailed market segmentation is carried out that explores every angle of the global market for automotive exhaust systems.

     (Logo: http://photos.prnewswire.com/prnh/20161020/430874LOGO )

Global Automotive Exhaust Systems Market: Segmental Outlook 

The global automotive exhaust systems market is segmented on the basis of product type, sales channel, vehicle type, engine type and region.

In the product type category, the muffler segment is the largest with respect to market share. The catalytic converter segment is projected to grow at a significant rate during the forecast period owing to several advantages that the component offers - in terms of reduction in carbon emissions and air pollutants.

By sales channel, the aftermarket segment is expected to surpass the OEM segment in terms of growth rate. However, the OEM segment is likely to dominate the global market with a high market valuation.

Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-706

In the vehicle type category, the passenger cars segment is highly lucrative and is estimated to reach a significant market value by the end of the year of assessment. This segment is the fastest growing and is projected to grow at a value CAGR of 4.2% throughout the period of forecast.

By engine type, the gasoline engine segment is expected to dominate the global market with a high market value as well as high growth rate throughout the period of assessment.

By region, Asia Pacific excluding Japan (APEJ) is the most attractive market for the growth in adoption of automotive exhaust systems. The automotive exhaust systems market in this region is projected to grow at a noteworthy CAGR during the forecast period to reach a comparatively high market valuation by the end of 2027. The automotive exhaust systems market in MEA region is projected to grow at a rapid pace.

Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-706  

Global Automotive Exhaust Systems Market: Forecast Analysis 

As per this research report, the global automotive exhaust systems market is expected to reach a market valuation of about US$ 36 Bn by the end of the year of assessment in 2027, from a value of just under US$ 25 Bn in 2017. The global market for automotive exhaust systems is expected to rise at a value CAGR of 3.9% throughout the period of assessment.

Global Automotive Exhaust Systems Market: Factors Impacting Growth 

Advancements in technology in material science, innovations in exhaust systems to reduce air pollutants, increasing demand for fuel efficient automobiles, use of enhanced technology in the automotive sector and increasing use of automation systems to produce proficient exhaust systems, increasing lifespan of used automobiles expected to boost aftermarket sales, and growing investment in research and development have contributed to the growth of the global automotive exhaust systems market. However, increasing adoption of electric vehicles, rising fuel prices, high Co2 emissions, high initial and repair cost of exhaust systems, bulky design of components of exhaust systems are major aspects hindering the growth of the global automotive exhaust systems market.

View Report Preview at Automotive Exhaust Systems Market Segmentation By Product Type - Exhaust Manifold, Muffler, Catalytic Converter, Oxygen Sensor, Exhaust Pipes; By Vehicle Type - Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle; By Engine Type - Gasoline, Diesel; By Sales Channel - Original Equipment Manufacturer (OEM), Aftermarket: https://www.futuremarketinsights.com/reports/automotive-exhaust-systems-market

Global Automotive Exhaust Systems Market: Competition Tracking 

The research report on the global automotive exhaust systems market covers in-depth analysis on the key players involved in the manufacturing of automotive exhaust systems. Players like Faurecia S.A.,Tenneco Inc., Eberspächer Group, Friedrich Boysen GmbH & Co. KG, Benteler International AG, Futaba Industrial Co., Ltd., Yutaka Giken Co., Ltd., SANGO Co., Ltd., Bosal International N.V., Harbin Airui Automotive Exhaust Systems Co. Ltd., and Sejong Industrial Co., Ltd., have been profiled in this study..

Browse More: Automotive & Transportation Market Insights

More from FMI's Cutting-edge Intelligence: 

Gasoline Direct Injection (GDI) Market Segmentation Stroke Type - 2 Stroke, 4 Stroke; vehicle Type - Compact Vehicle, Mid-Sized Vehicle, Premium Vehicle, Luxury Vehicle, Commercial Vehicle, Heavy Commercial Vehicle; Sales Channel - OEM, Aftermarket: https://www.futuremarketinsights.com/reports/gasoline-direct-injection-gdi-market

Automotive Carbon Ceramic Brakes Market Segmentation By Vehicle Type - Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV); By Sales Channel - Original Equipment Manufacturers (OEM) and Aftermarket: https://www.futuremarketinsights.com/reports/automotive-carbon-ceramic-brakes-market

Aircraft Tire Market Taxonomy by Aircraft Type - Small Widebody Aircraft, Medium/ Large Widebody Aircraft, Narrowbody Aircraft, Propeller Aircraft, Helicopter, Defence and Homeland Security Aircraft, Freighters; by Ply Type - Bias Ply, Radial Ply; by Sales Channel - OEM, Aftermarket: https://www.futuremarketinsights.com/reports/aircraft-tire-market

About Us 

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact
Mr. Sudip Saha
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): +44(0)20-7692-8790
Sales: sales@futuremarketinsights.com

Press Office: Press@futuremrketinsights.com  
FMI Blog: http://www.fmiblog.com/ 
Website: http://www.futuremarketinsights.com

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