High Growth & Smooth Sailing of Automotive Air Intake Manifold (AIM) Market

Posted by Stratview Research on November 27th, 2019

The Cutting-Edge Stratview Insights:

Stratview Research prognosticates the market to grow at a healthy CAGRover the next five years and expects the market to cross over of US$ 3,387.2 million mark by 2023.

The estimates are a result of market analysis over a period of 2012-17, Stratview Research goes to the depth of the issues shaping the market and estimates the most probable future growth rate for the Automotive Air Intake Manifold (AIM) Market during the period 2018-23.

Identifying the Factors & Avenues of Growth

Tending to the most frequent questions and problems that consume the psyches of business visionaries and leaders, the new report of "Stratview Research" on the Automotive Air Intake Manifold (AIM) Market respondsto all the significant inquiries.

The auto industry has efficaciously been undergoing the most dynamic and disruptive technological advancements since the last decade. This is also leaving a great impact on each of the major components including air intake manifolds. There have been various advancements in air intake manifold regarding design, material, process, etc. in order to meet the changing market requirements, addressing stringent regulations regarding fuel efficiency and carbon emissions, and to remain competitive in the market.

The growth prospects of the global automotive air intake manifold market seem vigorous in the coming years. It is estimated that the automotive air intake manifold market is projected to grow at a healthy rate over the next five years to reach US$ 3,387.2 million in 2023. Organic growth in automobile production owing to increasing disposable income and growing urbanization, and increasing demand for lightweight air intake manifold to reduce the overall vehicle weight for achieving stringent government regulations, such as CAFÉ Standards are some of the major growth drivers of the global automotive air intake manifold market.

Unravelling the Critical Segments

The true picture of the market shall not emerge till the time the market is analyzed from various point of views. Each vantage point gives a better understanding of the market.

                It would mean a lot understand with clarity that the market has various parts and insights on them might be critical to many players.

                The market of Automotive Air Intake Manifold (AIM) has been divided into categories such as by Vehicle Type, Manifold Type, Material Type, Manufacturing Process Type, By Region. Insights on each segment can be of critical importance to any player.

Each segmented view helps us answer a prominent question, and we bring out the best market intelligence which is of interest to each and every player in the market, no matter where he lies in the value chain.

The answers to the prominent questions which are evinced out of above slicing of the market are:

  • Which are the best performing segments of the market?
  • Which is the most dominant region?
  • Which material is the most promising?
  • Who are the movers and shakers of the market?
  • What are the regional growth hotspots?
  • What are the segmental growth forecasts?

To get the feel of how our best in class, cutting-edge market research report feels, request a sample: https://www.stratviewresearch.com/Request-Sample/175/automotive-air-intake-manifold-market.html

AISAN INDUSTRY CO., LTD. at the Helm

The top 5 players are AISAN INDUSTRY CO., LTD., Aisin Seiki Co., Ltd., American Axle & Manufacturing, MAHLE GmbH, Honda Foundry Co., Ltd.

Other important firms are Keihin Corporation, Magneti Marelli S.p.A., Mann+Hummel Group, Mecaplast Group, MIKUNI Corporation, Röchling Automotive, Sogefi Group, Toyota Boshoku Corporation.

 

Emerging Trends:

Passenger Car to Remain the Growth Engine

The automotive air intake manifold market is segmented based on the vehicle type as Passenger Car, Light Commercial Vehicle, and Medium- & Heavy-Duty Commercial Vehicle. Passenger car is expected to remain the growth engine of the market during the forecast period. High number of car production and higher demand for lightweight products would continue to drive the segment over the next five years. It is estimated that approximately 481.9 million passenger cars are likely to be produced globally during 2018-2023. This represents a myriad of opportunities for the market players in the coming years.

SFT to remain dominant material

Air intake manifolds were conventionally made from metals, such as cast iron and aluminum, but this trend has been changing with the change in the market dynamics. Stringent regulations are putting pressure on the automakers to either curb the overall vehicle weight or downsize the engines to increase fuel efficiency or reduce emissions. Air intake manifold could not escape itself from such regulations and experienced a significant change in the selection of materials over the period. The auto industry is rapidly moving towards lightweight materials, such as composites and magnesium, to make final component light in weight without sacrificing overall manifold performance.

Short fiber thermoplastics (SFT) are most widely preferred in the air intake manifold market as they offer many benefits over competing materials, such as low part cycle time, ability to manufacture complex products, recyclability, good surface finish, excellent strength to weight ratio, lightweight, and excellent temperature resistance. Composite air intake manifold is projected to further capture the market share of traditional metal-based air intake manifold during the forecast period. 

Asia-Pacific to be the Largest Market

Based on regions, Asia-Pacific is expected to remain the largest air intake manifold market during the forecast period. The region is also expected to experience the highest growth during the same period. Increasing automobile production, mainly in China and India, is likely to drive the demand for air intake manifold in the region.

Europe is expected to remain the second largest automotive air intake manifold market over the next five years. However, the region is expected to experience a moderate growth due to low growth in the light vehicle production.

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Stratview Research
Joined: September 26th, 2019
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