The Asia-Pacific exhaust system market is estimated to reach a value of $16,616.8 million by 2019 - PowerPoint PPT Presentation

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The Asia-Pacific exhaust system market is estimated to reach a value of $16,616.8 million by 2019

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The Asia-Pacific exhaust system market is estimated to grow at a CAGR of 10.1% from 2014 to 2019, to reach a value of $16,616.8 million by 2019. – PowerPoint PPT presentation

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Title: The Asia-Pacific exhaust system market is estimated to reach a value of $16,616.8 million by 2019


1
Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
  • The Asia-Pacific exhaust system market is
    estimated to reach a value of 16,616.8 million
    by 2019

2
  • The Asia-Pacific exhaust system market is
    estimated to grow at a CAGR of 10.1 from 2014 to
    2019, to reach a value of 16,616.8 million by
    2019. China is expected to contribute the largest
    share of 41.5 to the Asia-Pacific exhaust system
    market in 2014. The exhaust system market in
    China is the fastest-growing in Asia-Pacific, and
    is expected to grow at a CAGR of 11.0 from 2014
    to 2019.
  • The exhaust system market, by vehicle type, is
    segmented into passenger car, light commercial
    vehicle, and heavy commercial vehicle. The
    exhaust system market in the passenger cars
    segment contributed a market share of 77.0,
    followed by the light commercial vehicle segment
    with a market share of 14.1 in 2014.

3













Browse through the market data tables, figures
and detailed ToC on the The Asia-Pacific exhaust
system market . http//www.micromarketmonitor.co
m/market/asia-pacific-exhaust-system-4795015713.ht
ml

4

  • An exhaust system is a very important part of an
    automobile, as it acts as an outlet for the
    exhaust gases generated during internal
    combustion (IC) of fuel in the engine. The system
    is composed of various components and devices
    which carry the exhaust gases from IC to the tail
    pipe.
  • It consists of exhaust manifold, oxygen sensors,
    exhaust pipes, catalytic converter, and muffler.
    The gases, such as oxides of carbon (CO, CO2),
    oxide of nitrogen (NOX), oxide of sulphur (SOX),
    volatile organic compounds (VOCs), hydrocarbons,
    and particulate matter (PM2.5, and PM10) are the
    key effluents from the vehicular exhaust.



5
  • The exhaust system market in Asia-Pacific has
    witnessed substantial growth in the recent years.
    Factors, such as the expanding automobile
    industry and implementation of stringent emission
    norms in Asia-Pacific are expected to drive the
    growth of this market in the region.
  • Furthermore, several original equipment
    manufacturers (OEMs) are now focusing on
    developing countries like India and China to set
    up their manufacturing facilities in these
    countries, due to availability of resources such
    as cheap labour and land.
  • The key drivers for the growth of the
    Asia-Pacific exhaust system market are the
    increasing vehicle production, upcoming emission
    norms, and rising demand for automobiles.




6
  • New product launches and expansions are the key
    strategies adopted by the major players in the
    Asia-Pacific exhaust system market. Moreover,
    strategies, such as partnerships, agreements,
    collaborations, joint ventures, and acquisitions
    were also adopted by a significant number of
    market players to strengthen their product
    portfolios and expand their geographic presence.
  • Yutaka Corporation (Japan), Fuataba (Japan), and
    others are the key players operational in the
    Asia-Pacific exhaust system market.




7
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into 5000 granular markets along with the
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8
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