Automotive Exhaust Systems Market Is Expected To Expand At A CAGR Of 6.2% By 2028Posted by rahul nikade on December 9th, 2022 Automotive Exhaust Systems Industry Overview The global automotive exhaust systems market size is expected to reach USD 68.45 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2021 to 2028. Stringent government regulations associated with vehicle emissions coupled with the increasing penetration of after-treatment devices are anticipated to drive the demand for automotive exhaust systems. Moreover, the increasing sales of passenger cars and commercial vehicles along with the growing demand for lightweight emission systems are expected to create significant opportunities for players operating across the value chain of the market. Automotive Exhaust Systems Market Segmentation Grand View Research has segmented the global automotive exhaust systems market based on component, fuel type, vehicle type, and region: Based on the Component Insights, the market is segmented into Exhaust Manifold, Muffler, Catalytic Converter, Oxygen Sensor, Exhaust Pipes.
Based on the Fuel Type Insights, the market is segmented into Gasoline, Diesel.
Based on the Vehicle Type Insights, the market is segmented into Passenger Car, Commercial Vehicles.
Automotive Exhaust Systems Regional Outlook
Key Companies Profile & Market Share Insights Market players also focus on expansion to increase their presence across untapped markets. For instance, in March 2021, Eberspacher announced the opening of a new plant for exhaust technology in Ramos Arizpe, close to Saltillo, Mexico. Some prominent players in the global automotive exhaust systems market include
Order a free sample PDF of the Automotive Exhaust Systems Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it!More by this author |