Automotive Exhaust System Market is Expected to Grow at a CAGR of 7% of 2022

Posted on 2017-07-14 by WiseGuy Research in Automotive // 0 Comments

PUNE, India, 2017-Jul-14 — /EPR Network/ — Market Highlights: Advanced automotive exhaust system is used to reduce noise, increase fuel & power efficiency of the vehicles by filtering the exhaust gases. Growing public awareness regarding environment, government regulation regarding limitation in the emission of harmful gases from the vehicles has increases the demand for the after treatment devices. With the introduction of after treatment device in recent times the market for automotive exhaust systems has witness significant growth due higher efficiency in the exhaust systems. Hence, after treatment devices is expected to significantly contribute to the increasing demand in the automotive exhaust system market. The global automotive exhaust system market is expected to show a growth at CAGR of about 7% from 2016 to 2022.

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Asia-Pacific is expected to dominate the automotive exhaust system market in the forecast period followed by Europe and North America. Government regulations regarding emission limitation and growth of the sector are expected to boost the automotive exhaust system market in this region.

Key Players of Automotive Exhaust System Market:

Faurecia SA
Tenneco Inc.
Eberspächer GmbH & Co. Kg.
Futaba Industrial Co. Ltd.
Sango Co. Ltd.
Benteler International AG.
Friedrich Boysen GmbH & Co. Kg.
Yutaka Giken Co. Ltd.
Sejong Industrial Co., Ltd.
Bosal International NV.

Scope of the Report:

This study provides an overview of the global automotive exhaust system industry, tracking market segments across the categorized four geographic regions. The report provides a five-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, and Rest of the world. The scope of the study segments the global automotive exhaust system market based on vehicle type, technology and fuel.

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