Manufacturers of Automotive Exhaust Systems Advancing Beyond Capabilities to Tap New Customer Segments
Manufacturers of exhaust systems have been making deliberate efforts to amplify their market position. However, in order to tap new customers, manufacturers of exhaust systems have also been looking forward to building strong foundations in the off-road industry. A few prominent companies in the exhaust systems market have incorporated superior testing capabilities related to leakage, temperature performance, and other critical parameters. This not only helps the manufacturers of exhaust systems to fortify their business boundaries but also helps them leverage new opportunities.
OEMs to Keep Up with Technological Breakthroughs for Avoiding Business Obsoleteness
By far, OEM is predicted to be the most lucrative sales channel in the exhaust systems market. With massive transmutations undergone by the global auto industry, OEMs of exhaust systems will have to keep up with these technological advances. Manufacturers of exhaust systems who manage to adapt to the transformations can seize new opportunities to capitalize on. However, the incompetency to keep up with latest technological advances might render businesses obsolete.
Emission Control Norms Stimulate Noble Developments in Exhaust Systems
Stringent regulations with regard to emission control have induced spectacular innovations exhaust systems. A drastic shift has been witnessed toward heavy integration of selective catalytic reduction (SCR) technology with exhaust systems, which helps to revive the fuel efficiency by controlling NOx emissions. Automotive giants such as Mercedes-Benz, BMW, and Volkswagen have already introduced this technology in exhaust systems of passenger cars. Also, SCR technology is rapidly picking up the steam amid commercial vehicles coupled with implementation of Euro VI and BS VI norms. Such a paradigm shift seems to bode well for the manufacturers of exhaust systems and helps them tap on to concomitant opportunities.
Advanced After-Treatment Devices to Amplify the Latitudes of Exhaust Systems Industry
The burgeoning need for efficient after-treatment devices is foreseen to provide a substantial fillip to the demand for exhaust systems. Several OEMs are observed investing proactively in extensive R&D activities for providing better exhaust after treatment devices. The gasoline particulate filter stands out as one such noble after treatment technologies, which offers high-end efficiency in terms of noise reduction and exhaust emission from GDI engines.
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This competition landscape of exhaust systems market enunciates the competitive dynamics in terms of crucial parameters such as relative market foothold, product offerings and differential strategies adopted by the key players operating in the exhaust systems market. Some of the key players operating in the exhaust systems market reported in this study include Futaba Industrial Co., Ltd., Faurecia, Tenneco Inc., Ltd., Sejong Industrial Co., Ltd., Sango Co., Ltd, Friedrich Boysen GmbH & Co. KG, Benteler International AG, Eberspacher, and Yutaka Giken Co.
Faurecia, a leading player in the exhaust systems market, had emerged as the leader in emission control systems with acquisition of EMCON Technologies (formerly Arvin Industries) in 2009. This strategic acquisition nourished the company’s position and also gave the company a route into niche commercial-vehicles market.
BENTELER Group, a key stakeholder of the exhaust systems market, is extensively focusing on internationalization to launch new sales markets, amplification of production volumes, and enhancement of earnings through better differentiation.
Eberspaecher, a key player in the exhaust systems market, formed a joint venture with China Yuchai International Limited. The aim of this collaboration was to manufacture and market new exhaust emission control systems for commercial vehicles.
Exhaust systems are one of the integral components of the vehicular infrastructure. Exhaust systems refer to extensive piping employed to direct exhaust gases away from a controlled combustion in the interior of an engine or stove. Recent focus on introduction of technologies complying with international emission guidelines is likely to influence its application in automotive manufacturing.
About the Report
Fact.MR published a comprehensive research study on ‘Exhaust Systems Market’ for the forecast period of 2017-2022. This report will be addressing critical questions that are veritable for the industry stakeholders of the exhaust systems market to be aware of. This research study on exhaust systems market would also help industry participants of exhaust systems market to have an eye on attractive segments and will guide them in making viable investment decisions.
Additional Questions Answered
- Which vehicle type in the exhaust systems market will gain strong momentum?
- Which region is slated to be the most lucrative one in the exhaust systems market?
- What are the major loopholes that may stymie growth of the automotive exhaust systems market?
Fact.MR has successfully collated a report on exhaust system market for the forecast period of 2017 to 2022. The report on exhaust system market offers historical data as well as forecast data for 2022, both in terms of value and volume. This research study on exhaust systems market reveals the prevalent trends and key dynamics across regions including North America, Latin America, Europe, Japan, APEJ and Middle East & Africa. The report on exhaust systems market also elaborates on the study of current issues with consumers and upcoming opportunities for the exhaust systems market.
Chapter 1 – Executive Summary
The global exhaust systems market report commences with an executive summary that defines the scope and key segments of exhaust systems market as well as their respective shares. A detailed assessment of discrete segments with regard to their growth ambit has also been depicted in the exhaust systems market report in the form of Fact.MR’s proprietary wheel of fortune.
Chapter 2- Market Overview
This chapter of the exhaust systems market report talks about taxonomy of the industry along with an affluent definition of the product i.e. exhaust systems. Key drivers of the exhaust systems market are discussed and impact of adoption of latest mobility solutions has also been discussed. Other segments addressed in the exhaust systems market report include pricing analysis, list of distributors, and intensity map of exhaust systems market.
Chapter 3- Market Analysis and Forecast by Vehicle Type
This chapter talks elaborates on the analysis and forecast of exhaust systems market by vehicle type for the respective forecast period. For LCV and HCV, this section entails the respective forecast values in the exhaust systems market.
Chapter 4- Market Analysis and Forecast by Fuel Type
This chapter talks elucidates an in-depth analysis and prognosis of exhaust systems market by fuel type over the forecast timespan. For both diesel and gasoline, this chapter entails the respective forecast values in the exhaust systems market.
Chapter 5- Market Analysis and Forecast by Sales Channel
This chapter talks incorporates a holistic analysis and opportunity assessment of exhaust systems market by sales channel over the forecast timespan. For sales channels such as OEM and aftermarket, this chapter explains the scope of each sales channel in the exhaust systems market.
Chapter 6- Market Analysis and Forecast by Region
This chapter outlines an all-inclusive business opportunity analysis of exhaust systems market across different regions over the forecast timespan. The exhaust systems market has been analyzed across various regions such as North America, Latin America, Europe, Japan, APEJ, and MEA.
Chapter 7- North America Exhaust Systems Market Analysis and Forecast
Market size and forecast value for exhaust systems market in the North America region has been included in this chapter by considering the market scenario in the US and Canada. Market dynamics of the individual segments have also been extensively addressed for the North America region.
Chapter 8- Latin America Exhaust Systems Market Analysis and Forecast
Latin America market analysis and forecast chapter entails the exhaust systems market landscape in countries such as Brazil, Mexico and rest of Latin America. The market size of the Latin America exhaust systems market has been determined both in terms of value and volume and individual segments have been gauged to derive the overall performance of exhaust systems market in the Latin America region.
Chapter 9- Europe Exhaust Systems Market Analysis and Forecast
To derive the exhaust systems market size and forecast of Europe, a rigorous growth analysis has been carried out for scope of exhaust systems market in individual countries of Europe.
Chapter 10- Japan Exhaust Systems Market Analysis and Forecast
To obtain a detailed assessment of Japan exhaust systems market, this report on exhaust systems market has been analyzed across various countries of Japan. Moreover, specific regulations transforming landscape of exhaust systems market in this region have also been discussed individually.
Chapter 11- APEJ Exhaust Systems Market Analysis and Forecast
The chapter delivers exhaust systems market growth across countries of APEJ region by scrutinizing the market sizes in China, India, South Korea, ASEAN, Australia and New Zealand and rest of APAC.
Chapter 12- MEA Exhaust Systems Market Analysis and Forecast
To obtain the market size and forecast in the MEA region, trends of exhaust systems market in GCC countries, South Africa, North Africa and rest of MEA have been considered. Furthermore, performance of discrete market segments in Middle East and Africa region are entailed in exhaust systems market report to procure market forecast values.
Chapter 13- Exhaust System Market Company/Manufactures/Distributors/Suppliers Profile and Revenue Projections
This chapter includes crucial data points related to companies, manufacturers, distributors, suppliers and revenue projections over the forecast period. All-in-all, this chapter elaborates on all the industry participants involved in the exhaust systems market.
The insights on the exhaust systems market have been extracted from diverse resources such as published financial data, quarterly financial statements, company press releases, published trade data, 10-K & 10-Q filings, annual reports, local newspapers, company websites, and other data sources.
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