Exhaust System Market worth $128.2 billion by 2025 - PowerPoint PPT Presentation

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Exhaust System Market worth $128.2 billion by 2025


The report "Exhaust System Market by After-Treatment Device (DOC, DPF, LNT, SCR, and GPF), Aftermarket (DOC, DPF, and SCR), Vehicle Type (Passenger Car, LCV, HCV, Construction Equipment, and Agriculture Tractor), Component, and Region - Global Forecast to 2025" The exhaust system market is estimated to be USD 84.8 billion in 2018 and is projected to reach USD 128.2 billion by 2025, at a CAGR of 6.08%. The increasing vehicle production and stringency in emission norms are projected to drive the exhaust system market – PowerPoint PPT presentation

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Title: Exhaust System Market worth $128.2 billion by 2025

Exhaust System Market by After-Treatment Device,
Aftermarket, Vehicle Type, Component, and Region
- Global Forecast to 2025
Truck segment is expected to grow at the highest
CAGR in the global exhaust system market during
the forecast period Trucks are usually equipped
with diesel after-treatment devices such as DOC,
DPF, and SCR. The market is estimated to be
dominated by Asia Oceania as this region is the
largest contributor to the world truck production
in recent years. As per OICA statistics, Asia
Oceania had almost 70-74 market share in the
truck production for 2017. From 2014 to 2017,
truck production increased almost 20 globally
with almost 14 in Asia Oceania. As trucks are
equipped with larger engines and emit more
emissions, regulatory authorities are tightening
the norms for heavy vehicles. This will force the
OEMs to deploy after-treatment devices. Most of
the heavy trucks are usually equipped with DOCs
and DPFs, and the upcoming regulatory compliances
along with rising truck production would boost
the market for SCR devices in heavy trucks in the
coming years.  PDF Brochure https//www.market

Heavy-duty vehicles (HDVs) are estimated to be
the largest aftermarket for exhaust systems, by
after-treatment device The HDVs comprise of
heavy trucks and buses generally powered by
diesel engines that also lead to higher
emissions. The dominant position of HDVs is
observed because of the increased vehicle parc
and total miles traveled in recent years.
According to OICA, the commercial vehicle parc
has shown a significant rise of almost 33 during
20082015. As HDVs are used for longer road trips
for goods and passenger commute, the probability
of replacing after-treatment devices is higher
than passenger cars and LCVs. This, in turn,
drives the usage of after-treatment devices to
comply with new emission standards and
modifications in the new as well as on-road
HDVs. . Request for Customization
Browse gtgt 109 market data
tables 60 figures
190 pages and in-depth TOC on Exhaust
System Market- Global Forecast to 2025 Early
buyers will receive 10 customization on this
report. This is a Premium Report Priced at US
5650 for single user. Corporate User
US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
Largest vehicle production and upcoming emission
norms would drive the Asia Oceania exhaust system
market Asia Oceania is estimated to be the
largest market for exhaust systems during the
forecast period owing to its highest vehicle
production. The adoption rate of various
after-treatment devices for passenger cars and
commercial vehicles are lower compared to
countries from Europe and North America. However,
various upcoming emission norms such as China 6
and BS VI for China and India respectively are
anticipated to further drive the deployment of
several after-treatment devices in the region.
Request Sample _at_ https//www.marketsandmarke
  • Key players -
  • To enable an in-depth understanding of the
    competitive landscape, the report includes the
    profiles of some of the top players in the
    Automotive Smart Antenna market. These include
  • Faurecia (France)
  • Tenneco (US)
  • Continental (Germany)
  • Eberspächer (Germany)
  • Futaba Industrial (Japan)
  • Benteler International (Austria)
  • Friedrich Boysen (Germany)
  • Yutaka Giken (Japan)
  • Sejong Industrial (South Korea)
  • Bosal (Belgium).
  • Buy Now -
  • https//www.marketsandmarkets.com/Purchase/purchas

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