Automotive Exhaust Aftertreatment Systems Market Estimates Showing Surprising StPosted by sachi kaushik on March 23rd, 2021 Surpassing a valuation of ~US$ 88 Bn in 2019, the global automotive exhaust aftertreatment systems market is projected to grow at a value CAGR of 4% by the end of forecast period 2020-2030. 2019 and 2020 have been tough years for automotive sector due to the outbreak of coronavirus and unstable economic conditions globally. The sales of automotive exhaust aftertreatment systems is plummeting as the global automotive industry is integrated. However, it is foreseen that, the demand for aftertreatment systems for automotive exhaust is expected to observe positive growth due to the stringent emission regulations set by several government agencies around the world. For instance, European countries have adopted Euro VI emission norms and developing countries like India are transitioning towards BS-VI norms. However, this rise is expected by the end of 2020 when the pandemic is brought under control and the production of automobiles ramps up. To remain ‘ahead’ of your competitors, request for a sample @ https://www.factmr.com/connectus/sample?flag=S&rep_id=3228 Key Takeaways of Automotive Exhaust Aftertreatment Systems Market
“Despite the spread of COVID-19 and sluggish economic growth globally, a positive outlook for production of automotive vehicles by third quarter is anticipated in developing countries like India and China which will set the tone for growth in the automotive exhaust aftertreatment systems market” says the Fact.MR analyst Facility Expansion to Enhance Market Resiliency Key players in the automotive exhaust aftertreatment systems market are Bosal Group, Friedrich Boysen GmbH & Co. KG, Cummins Inc., Donaldson Company, Inc., Magneti Marelli S.p.A., Johnson Matthey, Eberspächer Group, Tenneco Inc., among others. Prominent automotive exhaust aftertreatment system market players are focusing on expanding their manufacturing facilities to increase their reach in the global market. For instance,
Find More Valuable Insights on Automotive Exhaust Aftertreatment Systems Market Fact.MR, in its new offering, brings to fore an unbiased analysis of the global automotive exhaust aftertreatment systems market, presenting historical demand data (2015-2019) and forecast statistics for the period, 2020-2030. The study divulges compelling insights on the automotive exhaust aftertreatment systems market based on product (three way catalytic convertor, diesel particulate filter (DPF), diesel oxidation catalyst (DOC), selective catalytic reduction (SCR), gasoline particulate filter (GPF), lean NOx trap (LNT), others), vehicle (passenger car, light commercial vehicle, heavy commercial vehicle, off-highway vehicle (forestry vehicle, agriculture machinery, construction machinery, forklift), and sales channel (OEM, aftermarket), across six major regions. About Us: Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner. Contact: US Sales Office: Corporate Headquarter: Like it? Share it!More by this author |