Automotive Exhaust System Market Size to grow by USD 23.51 billion from 2022 to 2027, Developments in the field of automotive catalytic converters to be a major trend - Technavio

NEW YORK, June 6, 2023 /PRNewswire/ -- The automotive exhaust system market size is forecast to increase by USD 23.51 billion from 2022 to 2027, at a CAGR of 7.42%, according to the recent market study by Technavio. The growth of the market will be driven by the increasing use of lightweight and advanced alloys, stringent regulations to control emissions, and increasing demand for hybrid electric vehicles (HEVs). Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including Akrapovic d.d., Benteler International AG, Berkshire Hathaway Inc., Bosal Nederland BV, Eberspacher Gruppe GmbH and Co.KG, Eisenmann Exhaust Systems GmbH, Faurecia, Friedrich Boysen GmbH and Co. KG, Futaba Industrial Co. Ltd., Hexadex Ltd., Hirotec Corp., Honda Motor Co. Ltd., Klarius Products Ltd., Marelli Holdings Co. Ltd., Munjal Auto Industries Ltd., REMUS Innovation GmbH, Sango Co. Ltd., Sejong Industrial Co. Ltd., Thunder Exhaust System Co. Ltd, and Tenneco Inc.

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Key Benefits for Industry Players & Stakeholders – 

• The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
• It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
• The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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Automotive Exhaust System Market - Segmentation 

This automotive exhaust system market report extensively covers market segmentation by application (passenger vehicles and commercial vehicles), fuel type (gasoline and diesel), and geography (APAC, Europe, North America, South America, and Middle East and Africa). 

• The market share growth by the passenger vehicles segment will be significant for overall market growth during the forecast period. Major factors for the growth include the expansion of passenger cars in emerging and developing countries such as India, China, and ASEAN countries (Association of Southeast Asian Nations). Furthermore, the rising demand for passenger cars in the global automotive market drives the market in this sector significantly. Moreover, increasing demand for high-performance passenger cars with multiple catalytic converters continues to drive revenue growth of the passenger car segment in the global automotive exhaust systems market. Hence, such factors drive the segment growth during the forecast period.

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Automotive Exhaust System Market - Market Dynamics

Drivers

• The increasing use of lightweight and advanced alloys drives the growth of the global automotive exhaust system market.
• Various aluminized steel materials with a high coefficient of thermal expansion and excellent durability are used by automakers.
• They increasingly use tubular steel exhaust manifolds in their entry-level vehicles, helping to improve the overall efficiency of the exhaust system.
• Moreover, automotive exhaust manifolds collect exhaust gases after the combustion process in the engine and thus, the type of material used to manufacture the exhaust manifold is of utmost importance. This is because it determines the reliability and durability of the exhaust system.
• Hence, such factors drive the market growth during the forecast period.

Challenges

• The high cost associated with exhaust systems is a challenge that may impede the growth of the market.
• The global market witnesses the integration of electronics in the design, development, and manufacturing of vehicles, increasing the use of advanced materials, and introducing advanced processes and machinery.
• Since the introduction of these changes has progressed, modern automobiles have become safer, more energy efficient, and more fuel efficient.
• But these trends in the global automotive industry are also leading to rising vehicle costs.
• Hence, such challenges hinder the growth of the global market during the forecast period.

What are the key data covered in this Automotive Exhaust System Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the automotive exhaust system market between 2023 and 2027
• Precise estimation of the size of the automotive exhaust system market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the automotive exhaust system market across APAC, Europe, North America, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of automotive exhaust system market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Fuel Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global automotive exhaust system market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on global automotive exhaust system market 2017 - 2021 ($ billion)

• 4.2 Application Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)

• 4.3 Fuel type Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Fuel type Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Passenger vehicles - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Passenger vehicles - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Passenger vehicles - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Passenger vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Passenger vehicles - Year-over-year growth 2022-2027 (%)

• 6.4 Commercial vehicles - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Application 
• Exhibit 42: Market opportunity by Application ($ billion)
• Exhibit 43: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Fuel Type

• 7.1 Market segments 
• Exhibit 44: Chart on Fuel Type - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Fuel Type - Market share 2022-2027 (%)

• 7.2 Comparison by Fuel Type 
• Exhibit 46: Chart on Comparison by Fuel Type
• Exhibit 47: Data Table on Comparison by Fuel Type

• 7.3 Gasoline - Market size and forecast 2022-2027
• Exhibit 48: Chart on Gasoline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Data Table on Gasoline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 50: Chart on Gasoline - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Gasoline - Year-over-year growth 2022-2027 (%)

• 7.4 Diesel - Market size and forecast 2022-2027
• Exhibit 52: Chart on Diesel - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Data Table on Diesel - Market size and forecast 2022-2027 ($ billion)
• Exhibit 54: Chart on Diesel - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Diesel - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Fuel Type 
• Exhibit 56: Market opportunity by Fuel Type ($ billion)
• Exhibit 57: Data Table on Market opportunity by Fuel Type ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 83: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 95: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 South Korea - Market size and forecast 2022-2027
• Exhibit 99: Chart on South Korea - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on South Korea - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on South Korea - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on South Korea - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ billion)
• Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 Akrapovic d.d. 
• Exhibit 111: Akrapovic d.d. - Overview
• Exhibit 112: Akrapovic d.d. - Product / Service
• Exhibit 113: Akrapovic d.d. - Key offerings

• 12.4 Benteler International AG 
• Exhibit 114: Benteler International AG - Overview
• Exhibit 115: Benteler International AG - Business segments
• Exhibit 116: Benteler International AG - Key offerings
• Exhibit 117: Benteler International AG - Segment focus

• 12.5 Berkshire Hathaway Inc. 
• Exhibit 118: Berkshire Hathaway Inc. - Overview
• Exhibit 119: Berkshire Hathaway Inc. - Business segments
• Exhibit 120: Berkshire Hathaway Inc. - Key news
• Exhibit 121: Berkshire Hathaway Inc. - Key offerings
• Exhibit 122: Berkshire Hathaway Inc. - Segment focus

• 12.6 Bosal Nederland BV 
• Exhibit 123: Bosal Nederland BV - Overview
• Exhibit 124: Bosal Nederland BV - Product / Service
• Exhibit 125: Bosal Nederland BV - Key news
• Exhibit 126: Bosal Nederland BV - Key offerings

• 12.7 Eberspacher Gruppe GmbH and Co.KG 
• Exhibit 127: Eberspacher Gruppe GmbH and Co.KG - Overview
• Exhibit 128: Eberspacher Gruppe GmbH and Co.KG - Business segments
• Exhibit 129: Eberspacher Gruppe GmbH and Co.KG - Key offerings
• Exhibit 130: Eberspacher Gruppe GmbH and Co.KG - Segment focus

• 12.8 Faurecia 
• Exhibit 131: Faurecia - Overview
• Exhibit 132: Faurecia - Business segments
• Exhibit 133: Faurecia - Key offerings
• Exhibit 134: Faurecia - Segment focus

• 12.9 Friedrich Boysen GmbH and Co. KG 
• Exhibit 135: Friedrich Boysen GmbH and Co. KG - Overview
• Exhibit 136: Friedrich Boysen GmbH and Co. KG - Product / Service
• Exhibit 137: Friedrich Boysen GmbH and Co. KG - Key offerings

• 12.10 Futaba Industrial Co. Ltd. 
• Exhibit 138: Futaba Industrial Co. Ltd. - Overview
• Exhibit 139: Futaba Industrial Co. Ltd. - Product / Service
• Exhibit 140: Futaba Industrial Co. Ltd. - Key offerings

• 12.11 Hexadex Ltd. 
• Exhibit 141: Hexadex Ltd. - Overview
• Exhibit 142: Hexadex Ltd. - Product / Service
• Exhibit 143: Hexadex Ltd. - Key offerings

• 12.12 Hirotec Corp. 
• Exhibit 144: Hirotec Corp. - Overview
• Exhibit 145: Hirotec Corp. - Product / Service
• Exhibit 146: Hirotec Corp. - Key offerings

• 12.13 Honda Motor Co. Ltd. 
• Exhibit 147: Honda Motor Co. Ltd. - Overview
• Exhibit 148: Honda Motor Co. Ltd. - Business segments
• Exhibit 149: Honda Motor Co. Ltd. - Key news
• Exhibit 150: Honda Motor Co. Ltd. - Key offerings
• Exhibit 151: Honda Motor Co. Ltd. - Segment focus

• 12.14 Klarius Products Ltd. 
• Exhibit 152: Klarius Products Ltd. - Overview
• Exhibit 153: Klarius Products Ltd. - Product / Service
• Exhibit 154: Klarius Products Ltd. - Key offerings

• 12.15 Marelli Holdings Co. Ltd. 
• Exhibit 155: Marelli Holdings Co. Ltd. - Overview
• Exhibit 156: Marelli Holdings Co. Ltd. - Product / Service
• Exhibit 157: Marelli Holdings Co. Ltd. - Key news
• Exhibit 158: Marelli Holdings Co. Ltd. - Key offerings

• 12.16 Sejong Industrial Co. Ltd. 
• Exhibit 159: Sejong Industrial Co. Ltd. - Overview
• Exhibit 160: Sejong Industrial Co. Ltd. - Product / Service
• Exhibit 161: Sejong Industrial Co. Ltd. - Key offerings

• 12.17 Tenneco Inc. 
• Exhibit 162: Tenneco Inc. - Overview
• Exhibit 163: Tenneco Inc. - Business segments
• Exhibit 164: Tenneco Inc. - Key news
• Exhibit 165: Tenneco Inc. - Key offerings
• Exhibit 166: Tenneco Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 167: Inclusions checklist
• Exhibit 168: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 169: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 170: Research methodology
• Exhibit 171: Validation techniques employed for market sizing
• Exhibit 172: Information sources

• 13.5 List of abbreviations 
• Exhibit 173: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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