Automotive Air Intake Manifold Market to reach $51bn by 2024

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Automotive Air Intake Manifold Market Price,
Trends, Industry Outlook Forecast 2017-2024
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Key Insights from Automotive Air Intake Manifold
Market

• Increasing vehicle production will primarily
  drive the automotive air intake manifold market
  over the forecast timeframe. As per OICA, global
  automobile production crossed 94 million units in
  2016 registering over 5 growth as compared to
  production in 2015. Passenger vehicle production
  contribution was more than 70 with more than 60
  million units produced.
• Increasing demand of passenger vehicles will
  stimulate the industry demand in emerging
  economies such as Indonesia, China, and India.
  Steadily improving world economy is encouraging
  the international trade. This is resulting in
  increasing international national freight
  transportation across the globe driving the
  demand for heavy commercial vehicles.
• Moreover, stringent government regulations for
  reducing vehicle emission is affecting the
  automotive air intake manifold market growth.
  Environment management authorities have enforced
  low CO2 emission levels from vehicles along with
  various fuel conservation policies. This has
  forced the automotive OEMs to enhance the quality
  of intake manifolds, thus escalating the industry
  growth.

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Continued...

• echnological advancements such as rising heat
  resistance and integration of charge air coolers
  in air intake manifold are increasing growth
  prospects to the automotive air intake manifold
  market. Manufacturers are focusing on reducing
  the engine weight thereby reducing the friction.
  Reduced friction results in less power consumed
  which results in increasing fuel efficiency of
  the vehicle.
• Air intake manifold revenue from HCVs crossed USD
  3.4 billion in 2016 and is estimated to grow with
  5.6 CAGR during the forecast period. Increasing
  use of commercial vehicles for goods commodity
  transportation is driving the heavy commercial
  vehicle segment. In 2016, the sale of medium
  heavy commercial vehicle in U.S. increased by
  nearly 10 than the previous year.
• Aluminum dominated the air intake manifold market
  as use of aluminum in manifolds ensures high
  strength and reduce the weight of the product.
  The revenue from aluminum segment crossed USD 13
  billion in 2016 and will exhibit 5 CAGR during
  the forecast timeframe. Magnesium is estimated to
  grow with highest CAGR owing to its superior
  features than the other alternatives.

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U.S. Automotive Air Intake Manifold Market Size,
By Vehicle, 2013 2024 (USD Million)

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Major Companies in Automotive Air Intake Manifold
Market

• MANNHUMMEL
• Magneti Marelli
• Donaldson
• Rochling Group
• MAHLE
• Toyota Boshoku
• Mikuni Corporation
• Tenneco Inc.

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Industry Coverage

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Regional Insights in Automotive Air Intake
Manifold Market

• Asia Pacific is projected to register substantial
  revenue share of 45 over the forecast timeframe
  owing to rising automobile production across the
  region, especially in emerging economies
  including China, India, and Indonesia.
  Availability of cheap labour and raw materials
  will further fuel the regional growth of
  automotive air intake manifold market till 2024.
• Europe automotive air intake manifold market
  growth is attributed to well-developed automotive
  infrastructure across the region coupled with
  presence of established players in the developed
  countries such as Germany. Moreover, rising
  production of passenger cars will escalate the
  regional growth.

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