DUBLIN, July 17, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/tk435m/automotive) has announced the addition of the "Automotive Exhaust Systems Market by After-Treatment Device (DPF, DOC, LNT, & SCR), Components (Exhaust Manifold, Downpipe, Catalytic Converter, Muffler & Tailpipe), Fuel Type (Gasoline & Diesel) and by Region - Trends & Forecast to 2020" report to their offering.
The automotive exhaust system market size is projected to grow at a promising CAGR of 7.07% during the forecast period, to reach $28.6 Billion by 2020.
In 2015, the major trends in the automotive industry are towards delivering more fuel efficient vehicles and reduction in exhaust emissions. Hence, vehicle manufacturers are striving to improve emission systems with advanced technologies.
The growth in the automotive exhaust system industry has been on a constant rise, given the changing emission norms across the globe. To meet the rigorous environmental laws, manufacturers of exhaust systems are coming with new and advanced technological advancements.
Economic growth and improved standard of living has led to increased sales of vehicles in Asia-Oceania region. This has attracted both the automobile as well as automotive components manufacturers, who have expanded their businesses in this region. Leading players in exhaust system market have invested significantly to improve their market share and global presence. China had been the leading automobile manufacturer in the world for couple of years. Automotive industry in other emerging economies such as India, Malaysia, Thailand, and Indonesia has flourished over the past five years from 2010 to 2014 showing positive growth. Thus, in Asia-Oceania, the automotive exhaust systems market has a high penetration rate, with China and India expected to be the most promising markets.
In North America and Europe, stringent EPA and Euro norms have led to an increased demand for exhaust systems. Moreover, advanced exhaust after-treatment products for further reduction in harmful emissions are being made mandatory by some governments in these regions. This gives further impetus to the exhaust system market in this region.
The key global automotive exhaust system manufacturers include Faurecia SA (France), Tenneco Inc. (U.S.), Eberspacher GmbH & Co KG (Germany), Futaba Industrial Co Ltd (Japan), and Sango Industrial Co Ltd (Japan).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Technical Overview
7 Emission Regulations
8 Global Automotive Exhaust Systems Market, By Component
9 Global Automotive Exhaust Systems Market, By Fuel Type
10 Global Automotive Exhaust Systems Market
11 Global Automotive Diesel After-Treatment Device Aftermarket
12 Global Automotive Exhaust Systems Market
13 Competitive Landscape
14 Company Profiles
- Benteler International Ag. - Eberspacher GmbH & Co KG - Faurecia SA (France) - Friedrich Boysen Gmbh & Co. Kg - Futaba Industrial Co Ltd - Sango Industrial Co Ltd - Sejong Industrial Co. Ltd. - Tenneco Inc. (U.S.) - Yutaka Giken Co. Ltd.
For more information visit http://www.researchandmarkets.com/research/tk435m/automotive
Laura Wood, +353-1-481-1716, email@example.com
SOURCE Research and Markets