DUBLIN, Dec. 11, 2018 /PRNewswire/ --
The "Global Automotive Catalytic Converter Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
Globally, approximately 90% of the passenger vehicles are equipped with catalytic converters. The global automotive industry registered sales of 70.85 million units of passenger vehicles in 2017, with a growth rate of 1.93% compared with 2016.
In terms of geography, APAC dominated the global passenger vehicles sales with approximately 40.74 million units, followed by Europe with nearly 17.93 million units and the Americas with approximately 11.30 million units.
China, the US, and Japan led the global sales of passenger vehicles and accounted for approximately 50% of the sales in 2017. Thus, the increasing volume sales of passenger vehicles fuel the growth of the global automotive catalytic converter market.
One trend in the market is developments in the field of automotive catalytic convertors.
The automotive catalytic converter market is witnessing developments in terms of improved structure designs, materials used, and method of operation. Automotive catalytic converters are increasingly becoming energy- and fuel-efficient. Vendors are focusing on improving the designs of catalytic converter designs. New, advanced catalytic converter prototypes are in the developing stages.
According to the report, one driver in the market is emergence of advanced emission control solutions for aftermarket.
The increasing focus on environmental pollution caused by automobiles drives developments in vehicle exhaust systems. Stringent emission standards have led to the development of advanced emission control systems and energy-efficient vehicles that cause less pollution
Further, the report states that one challenge in the market is high cost of development and replacement of catalytic converters.
The extensive use of automotive electronics and advanced materials, as well as the implementation of advanced processes and machinery in automobile design, development, and manufacturing, has led to the growth of the global automotive industry. Modem automobiles are safe and energy- and fuel-efficient.
These developments, however, have increased the cost of automobiles. Automotive catalytic converters have evolved in terms of design and components used.
Key Players
- Continental
- Faurecia
- Magneti Marelli
- Tenneco
- Eberspcher
- Katcon
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Passenger vehicles - Market size and forecast 2017-2022
- Commercial vehicles- Market size and forecast 2017-2022
- Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- APAC - Market size and forecast 2017-2022
- EMEA - Market size and forecast 2017-2022
- Americas - Market size and forecast 2017-2022
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive landscape
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Continental
- Faurecia
- Magneti Marelli
- Tenneco
- Eberspcher
- Katcon
For more information about this report visit https://www.researchandmarkets.com/research/spstfl/automotive?w=5
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SOURCE Research and Markets
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