Exhaust System Market Size, Share & Analysis
Exhaust System Market by After-Treatment Device (DOC, DPF, LNT, SCR, GPF), Vehicle Type (LCV, Trucks, Buses, Tractor, Construction & Mining Equipment), Aftermarket, Component, Application, Fuel Type, Sales Channel and Region - Global Forecast to 2030
OVERVIEW
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
The exhaust system market is projected to reach USD 40.62 billion by 2030, up from USD 33.99 billion in 2025, at a CAGR of 3.6% from 2024 to 2030. There's a rise in demand for vehicles in the APAC and the Latin America market; this demand is owing to the rapidly developing economies and the rise in disposable incomes. The governments have also introduced stringent rules and regulations to control the emissions. Technologies such as selective catalytic reduction (SCR), diesel particulate filters (DPF), and gasoline particulate filters (GPF) are becoming standard in meeting these requirements. The manufacturers make various efforts by investing in R&D such as developing exhaust gas sensors by continental AG and developing Cold start thermal unit by Tenneco.
KEY TAKEAWAYS
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By RegionThe Asia Pacific exhaust system market is the largest, and expected to maintain the largest share by 2032.
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By Aftertreatment DeviceThe SCR segment is estimated to lead the exhaust system market during the forecast period and growing at a CAGR of around 3%.
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By ComponentBy component, the sensors segment is estimated to lead the market by value throughout the forecast period
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By Vehicle TypeThe Passenger Car segment is expected to dominate the exhaust system market.
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By Fuel TypeThe exhaust system for diesel vehicles is expected to grow the fastest during the forecast period with more than 10% of CAGR.
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By Sales ChannelThe OEM segment is expected to register the fastest growth of more than 2.0% in terms of CAGR.
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Competitive LandscapeCompany Tenneco Inc.(US), Faurecia (France), Eberspächer (Germany), Continental AG (Germany), and Futaba Industrial Co.Ltd. (Japan) were identified as some of the star players in the exhaust system market (global), given their strong market share and product footprint.
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Competitive LandscapeCompanies MARELLI HOLDINGS CO., LTD (Japan), HIROTEC CORPORATION (Japan), BENTELER INTERNATIONAL AG (Germany), KATCON GLOBAL (Mexico), among others, have distinguished themselves among startups and SMEs by securing strong footholds in specialized niche areas, underscoring their potential as emerging market leaders
The exhaust system market is experiencing steady growth, driven by rising vehicle emissions and growing awareness of environmental sustainability, and stringent emission regulations for on-highway vehicles. Automakers are increasingly adopting advanced emission systems in order to comply with the emission standards and to meet safety requirements. New partnerships among OEMs, Tier-1 suppliers, along with investments in development of advanced exhaust systems, are reshaping the competitive landscape and accelerating the shift toward advanced and tech-enabled exhaust systems.
TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS
The current revenue is largely generated from conventional exhaust hardware such as exhaust manifolds, mufflers, resonators, basic catalytic converters, and exhaust piping, primarily tied to ICE vehicle production and cost-driven sourcing. Over time, this revenue mix is expected to shift toward integrated and high-value exhaust systems, including advanced aftertreatment modules (DOC, DPF, SCR, GPF), lightweight and coated exhaust architectures, close-coupled catalyst solutions, and smart exhaust assemblies optimized for hybrid and regulation-intensive powertrains. The enabling technologies and applications include multi-stage aftertreatment integration, advanced thermal and emissions management, sensor-enabled exhaust diagnostics, and high-temperature material engineering. The impact of adjacent factors includes tightening global emission and real-world driving regulations, increasing hybrid penetration sustaining exhaust system complexity, volatility in precious metal prices driving system optimization, and OEM focus on compliance assurance, durability, and lifecycle cost reduction.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
MARKET DYNAMICS
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Rising vehicle emissions and growing awareness of environmental sustainability
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Increasing use of after-treatment device combinations
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Increasing sales of cleaner vehicles
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Platform standardization limiting differentiation
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Increasing demand for lightweight and efficient exhaust systems to reduce vehicle weight
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Growing demand for gasoline particulate filters (GPFs) in gasoline direct injection (GDI) engines
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Lack of uniformity in emission regulations across different regions
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Driver: Rising vehicle emissions and growing awareness of environmental sustainability
Stringent global emission and growing awareness of environmental sustainability are materially increasing exhaust system complexity and value per vehicle by mandating lower NOx, PM, and PN limits under real-world operating conditions rather than laboratory cycles. Regulations such as Euro 7, China 7, BS VII, and EPA Tier 3 require multi-stage aftertreatment architectures, close-coupled catalyst placement, higher precious-metal loadings, advanced thermal management, and continuous onboard diagnostics, directly driving demand for more integrated, durable, and regulation-optimized exhaust systems
Restraint: Increasing sales of cleaner vehicles
With increasing awareness of climate change motivating individuals to transition from conventional polluting vehicles to electric ones, numerous governments have implemented various incentives to promote the adoption of electric vehicles (EVs). Unlike IC engines, which leverage automotive exhaust and after-treatment devices to reduce emissions and improve fuel efficiency, EVs draw power directly from batteries without requiring any form of forced induction. As consumers increasingly opt for EVs, there is a foreseeable decline in the demand for automotive exhaust systems. This trend is evident in the automotive industry, where leading manufacturers such as BMW, Volkswagen, GM, Stellantis, and Toyota are shifting focus toward EV development in response to stringent EU emission standards. BMW aims to achieve significant EV sales by 2030, with Volkswagen targeting a substantial portion of its European sales to be EVs by the same year. GM has committed to discontinuing the production of polluting vehicles by 2035, while Stellantis plans to pivot toward electric and hybrid vehicles, aiming for a majority of sales in that segment by 2030. Similarly, Toyota is prioritizing hybrid sales and reducing reliance on traditional internal combustion engines, aiming for a substantial share of hybrid sales by 2025. The exponential growth of electric vehicle sales can be attributed to declining costs, technological advancements, and governmental backing. According to an International Energy Agency data analysis, compared to the same period last year(2022), almost 2.3 million electric cars were sold in the first quarter of 2023. This represents a 25% increase. By the end of 2023, 14 million sales were projected, a 35% annual growth, with new purchases picking up speed in the second part of 2024. That means that throughout the course of the entire year, sales of automobiles might be made up of 18% electric vehicles
Opportunity: Increasing demand for lightweight and efficient exhaust systems to reduce vehicle weight
Automotive OEMs are working on several aspects, like new and lightweight materials, aerodynamic design, and drive train (engine/transmission) efficiency, to achieve a reduction in the overall vehicle weight. Conventional exhaust systems use materials like cast iron, stainless steel, mild steel/carbon steel, and others. However, several automotive OEMs and exhaust system manufacturers are focusing on reducing the weight of exhaust systems and their components. One key material that has gained prominence is stainless steel, specifically high-grade stainless steel alloys such as 304 and 316. These alloys offer exceptional corrosion resistance, durability, and thermal stability, making them ideal for exhaust components exposed to high temperatures and harsh environments. Stainless steel also provides a balance between strength and weight, allowing for the creation of exhaust systems that are both robust and lightweight, thereby improving fuel efficiency and reducing emissions. Exhaust system manufacturers worldwide are working toward lowering the weight of exhaust systems and increasing vehicle fuel economy. Hence, exhaust systems with lightweight materials would be a cost-effective choice in the coming years, as electric and hydrogen vehicles will take time to replace ICE vehicles
Challenge: Lack of uniformity in emission regulations across different regions
Automotive manufacturers operate in a global market but must adhere to varying emission standards set by different countries and regions. This lack of uniformity not only complicates the design and manufacturing process for exhaust systems but also increases costs associated with compliance. Engineers and designers must develop exhaust systems that meet the most stringent regulations worldwide, resulting in complex and often region-specific designs to ensure compliance. Moreover, the absence of standardized regulations makes it difficult for manufacturers to achieve economies of scale in production, as they may need to tailor exhaust systems for different markets, further driving up costs and complicating supply chains. Furthermore, the lack of standardization in emission regulations hampers innovation and technological advancements in automotive exhaust systems. Manufacturers face challenges in investing in R&D activities for new exhaust system technologies when regulatory requirements vary significantly between regions. This fragmentation in regulations restricts innovation as manufacturers focus on meeting existing standards rather than developing groundbreaking solutions for emissions reduction. Ultimately, achieving global standardization in emission regulations would streamline the design and manufacturing process for automotive exhaust systems, encourage innovation, and drive down costs, benefiting both manufacturers and consumers alike. However, until such standardization is realized, the automotive industry will continue to struggle with the challenges posed by disparate emission regulations across different regions
EXHAUST SYSTEM MARKET SIZE, SHARE & ANALYSIS: COMMERCIAL USE CASES ACROSS INDUSTRIES
| COMPANY | USE CASE DESCRIPTION | BENEFITS |
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Deployment of advanced integrated aftertreatment systems (DOC, DPF, SCR, GPF) and close-coupled catalyst architectures across Euro 6/7-compliant ICE and hybrid platforms. | Improved real-world emission compliance, higher conversion efficiency, reduced cold-start emissions, and enhanced regulatory durability. |
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Development of lightweight, modular exhaust and aftertreatment systems with integrated thermal management for hybrid and low-emission ICE vehicles. | Lower system weight, improved fuel efficiency, reduced CO2 footprint, and scalable compliance across multiple regions. |
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Supply of compact exhaust aftertreatment modules and acoustically optimized exhaust systems for passenger cars and commercial vehicles under tightening emission norms. | Reduced packaging space, improved NVH performance, faster catalyst light-off, and enhanced vehicle-level integration. |
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Integration of sensor-based exhaust monitoring solutions enabling real-time diagnostics for DPF, SCR, and emission control systems. | Improved onboard diagnostics accuracy, early fault detection, better real-world driving emission compliance, and lower recall risk. |
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Manufacturing of high-durability exhaust pipes, mufflers, and tubular components using corrosion-resistant materials for global OEM programs. | Cost-effective scalability, improved corrosion resistance, extended service life, and reliable supply for high-volume platforms. |
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET ECOSYSTEM
The exhaust system market ecosystem consists of component/device providers (Johnson Matthey, Umicore, Mann + Hummel, CDTi Advanced Materials, and others), exhaust system manufacturers (Tenneco Inc., Continental AG, Eberspächer Group, Continental AG, Futaba Industrial Co., Ltd., and others), and end users in the form of automotive OEMs (Toyota, Hyundai, BMW, General Motors, Audi, Ford, Volkswagen AG, and others). Demand for exhaust systems is ultimately anchored by high-volume vehicle manufacturers, including Toyota, Volkswagen Group, Hyundai Motor Group, General Motors, and Ford, whose ICE and hybrid production volumes continue to drive global exhaust system demand despite rising electrification. Collaboration across the value chain remains central to innovation and market expansion in 2025.
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET SEGMENTS
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Exhaust System (OE) Market, By After Treatment Device
As of 2024, diesel-focused after-treatment technologies such as DPF and SCR continue to represent the leading share of the exhaust system (OE) market, supported by their entrenched use in commercial vehicles, large passenger vehicles, and diesel-heavy regions where compliance with stringent NOx and particulate limits remains mandatory. These technologies are now in a mature phase, with demand largely driven by regulatory maintenance, fleet renewal cycles, and the need to meet real-world driving emission requirements rather than incremental vehicle penetration. DOC and LNT systems remain complementary solutions within diesel after-treatment architectures but face limited growth due to system optimization, cost pressure, and reduced diesel acceptance in developed markets. In contrast, GPF remains the fastest-growing after-treatment segment, underpinned by the rapid global penetration of gasoline direct injection (GDI) engines across Europe, North America, China, and India. While gasoline powertrains are increasingly favored over diesel due to regulatory, taxation, and public perception factors, GDI combustion characteristics result in higher particulate emissions, making GPF integration unavoidable under tightening emission norms. As emission standards continue to converge toward stricter particulate number limits and OEMs accelerate the shift toward downsized, turbocharged gasoline engines, GPF adoption is expanding from premium vehicles into mass-market segments, positioning it as the key growth driver within the after-treatment device landscape despite its currently smaller base.
Exhaust System Market, By Component
Within the automotive exhaust aftertreatment market, sensor-related components represent the largest value contributor as of 2024, reflecting the industry’s structural shift toward regulation-driven emission monitoring rather than purely mechanical emission control. The dominance of sensors is primarily driven by increasingly stringent real-world driving emission requirements, which mandate continuous measurement and feedback for parameters such as NOx, oxygen levels, particulate loading, and system efficiency across diverse operating conditions. As a result, modern exhaust systems rely on multiple sensors per vehicle, higher sensing accuracy, and tighter integration with engine and aftertreatment control units, significantly increasing value content. Catalytic converters and manifolds remain critical contributors due to their central role in emission conversion and thermal management, but their growth is comparatively constrained by material cost optimization and platform standardization strategies adopted by OEMs. In contrast, downstream components such as mufflers, tailpipes, and hangers contribute a smaller share of overall value, as they are more mature, mechanically driven, and subject to aggressive cost pressure. Overall, the value distribution highlights a clear transition in the exhaust market from hardware-heavy architectures toward sensor-intensive, control-oriented systems designed to ensure compliance, durability, and diagnostic reliability in a tightening regulatory environment.
Exhaust System Market, By Vehicle Type
As of 2024, the passenger car segment remains the largest contributor to the automotive exhaust system market, primarily due to its dominant share in global vehicle production and continued regulatory focus on light-duty emissions. Emission norms for passenger cars have tightened significantly across major markets such as Europe, the US, China, and parts of Asia, increasing exhaust system content per vehicle through advanced after-treatment, sensors, and onboard diagnostics. While pure battery electric vehicles reduce exhaust demand, the passenger car mix is still heavily supported by ICE and hybrid powertrains, which sustain high exhaust system penetration. Recent market trends further reinforce this dominance through the structural shift toward SUVs and crossovers within the passenger car category, especially compact and mid-size SUVs. These vehicles typically require larger and more complex exhaust systems due to higher engine outputs, increased vehicle weight, and consumer expectations around performance and refinement. In parallel, the growing adoption of downsized, turbocharged gasoline direct injection engines is accelerating the integration of gasoline particulate filters across both developed and emerging markets. Hybrid passenger cars, which combine electrification with ICE operation, are also increasing exhaust system sophistication due to frequent cold starts and stricter real-world emission compliance. Collectively, these trends position passenger cars as the most significant and technically evolving vehicle type within the exhaust system market over the near to mid-term
Exhaust System Aftermarket, By Aftertreatment Device
As of 2024, Selective Catalytic Reduction (SCR) systems represent the largest segment within the exhaust system aftermarket, driven by their widespread deployment in diesel passenger vehicles, light commercial vehicles, and heavy-duty fleets operating under stringent NOx emission regulations. The large installed base of SCR-equipped vehicles across North America, Europe, and parts of Asia ensures sustained aftermarket demand for replacement catalysts, urea dosing components, sensors, and control modules as vehicles age and emission compliance requirements remain in force. Recent aftermarket trends are centered on performance optimization, durability improvement, and system-level integration rather than first-time adoption. Advancements in SCR catalyst formulations, improved urea injection accuracy, and more robust electronic control strategies have enhanced NOx conversion efficiency while reducing total cost of ownership for fleet operators. Additionally, stricter enforcement of real-world emission compliance and in-use monitoring has increased the need for reliable SCR maintenance and replacement solutions in the aftermarket. As regulatory scrutiny on NOx emissions continues and diesel vehicles remain critical in commercial and high-mileage applications, SCR systems are expected to retain their leadership position within the exhaust aftermarket despite broader powertrain electrification trends.
Exhaust System Market, By Sales Channel
As of 2024, the aftermarket channel is clearly leading the exhaust system market. This dominance is primarily driven by the large and aging global vehicle parc, which continues to generate sustained demand for replacement exhaust components due to wear, corrosion, and regulatory inspection requirements. Stricter emission norms across major regions are accelerating replacement cycles, particularly for catalytic converters, particulate filters, sensors, and mufflers, where compliance failures directly impact vehicle roadworthiness. Additionally, cost sensitivity among out-of-warranty vehicle owners favors aftermarket solutions over OEM replacements, especially in price-competitive regions such as Asia, Latin America, and parts of Eastern Europe. The fragmented nature of the aftermarket, combined with a wide presence of regional and global suppliers, enables faster availability, broader product variety, and retrofit-friendly solutions, further strengthening its position. In contrast, OEM demand remains structurally tied to new vehicle production volumes, which face periodic volatility from economic cycles, electrification transitions, and platform rationalization, limiting its relative growth momentum
Exhaust System Market, By Region
Asia Pacific is expected to dominate the global exhaust market during the forecast period. This market dominance can be attributed to the growing production of vehicles. The increasing production volume of automobiles in recent years, combined with current emission regulations in countries like China (China VI) and India (BS-VI) and upcoming regulations like China VII and BS VII, is expected to fuel the growth of the exhaust system market in the Asia Pacific during the forecast period. In the Asia-Pacific region, China holds the largest market for exhaust systems due to its increased vehicle production. Since 2019, implementing China V emission norms has led to a 100% adoption rate of DOC and DPF across all vehicle types, although the adoption rate of SCR remains lower compared to European countries. The forthcoming China VI emission norms drive the anticipated growth in various after-treatment devices. Japan ranks as the second-largest exhaust system market in the Asia-Pacific, adhering to its own stricter emission standards. Since 2018, Japan has achieved a 100% adoption rate of DOCs and DPFs for all vehicle types. It is projected that by 2025, the adoption rate of SCR will reach 100% for passenger cars and LCVs and by 2021 for buses and trucks. India is expected to be one of the fastest-growing markets in the Asia-Pacific. As of 2020, India's adoption rate for all after-treatment devices, such as SCR, LNT, and GPF, is lower than other countries in the region. However, the adoption rate for DPF and DOC increased to 100% across all vehicle types with the implementation of BS VI emission norms in 2020. The adoption rate for various after-treatment devices is anticipated to rise further in the coming years, driven by the introduction of more stringent emission regulations
APAC Fastest Growing
REGION
North America to be fastest-growing region in global exhaust system market during forecast period
The North American exhaust system market is expected to experience significant growth due to stringent government regulations on vehicle emissions. The region, known for its strong automotive industry, prioritizes reducing emissions and improving fuel efficiency. Key players such as Magna International Inc. and Faurecia have a strong presence, offering advanced technologies and a diverse product range. Commercial vehicles in the region, such as trucks and buses, require advanced exhaust systems to meet the current emission standards. The exhaust system market in North America is expected to grow at a CAGR of 6.5% during the forecast period. This growth is largely due to increasing demand for emissions control in all vehicle segments.In North America, several emission regulations govern the automotive sector. Corporate Average Fuel Economy (CAFE), administered by the National Highway Traffic Safety Administration (NHTSA), requires manufacturers to improve the average fuel economy of cars and light trucks produced for sale in the US. These standards have become increasingly stringent over the years. Canada aligns its fuel economy regulations with the US, implementing similar standards to reduce greenhouse gas emissions from vehicles. Environmental Protection Agency (EPA) standards, effective since 2017, significantly reduce tailpipe and evaporative emissions from passenger cars, light-duty trucks, and some heavy-duty vehicles. They also lower the sulfur content in gasoline, which helps improve the performance of emission control devices.
EXHAUST SYSTEM MARKET SIZE, SHARE & ANALYSIS: COMPANY EVALUATION MATRIX
In the exhaust system market matrix, Tenneco (Star) leads with a comprehensive product portfolio, a strong geographic footprint, and financial strength in the market. It has made its mark in the market with its robust business strategies and has achieved constant growth, and its automotive-based solutions have been widely adopted across global OEMs in 2024–2025. Katon (Emerging Leader) is gaining momentum due to its ability to deliver cost-efficient, lightweight exhaust systems with high system integration, helping OEMs meet tightening emission and fuel-efficiency targets. Its close alignment with high-volume passenger vehicle programs, localized manufacturing, and focus on hybrid-optimized exhaust solutions further strengthen its competitive position during the ICE-to-electrification transition.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
KEY MARKET PLAYERS
- Faurecia SE (France)
- Tenneco Inc. (USA)
- Continental Aktiengesellschaft (Germany)
- Eberspacher Gruppe GmbH & Co. KG (Germany)
- Futaba Industrial Co., Ltd. (Japan)
- Sango Co., Ltd. (Japan)
- Friedrich Boysen GmbH & Co. KG (Germany)
- Yutaka Giken Company Limited (Japan)
- Sejong Industrial Co., Ltd. (South Korea)
- Bosal International N.V. (Belgium)
MARKET SCOPE
| REPORT METRIC | DETAILS |
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| Market Size in 2025 (Value) | USD 33.99 Billion |
| Market Size in 2030 (Value) | USD 40.62 Billion |
| Growth Rate | CAGR of 3.6% from 2025-2032 |
| Years Considered | 2021-2030 |
| Base Year | 2024 |
| Forecast Period | 2024-2030 |
| Units Considered | Value (USD Million), Volume (Thousand Units) |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments Covered |
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| Regions Covered | North America, Asia Pacific, Europe, Rest of the World |
WHAT IS IN IT FOR YOU: EXHAUST SYSTEM MARKET SIZE, SHARE & ANALYSIS REPORT CONTENT GUIDE
DELIVERED CUSTOMIZATIONS
We have successfully delivered the following deep-dive customizations:
| CLIENT REQUEST | CUSTOMIZATION DELIVERED | VALUE ADDS |
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| Leading Automotive OEM |
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| Tier-1 Exhaust System Manufacturer |
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| Catalyst / Material Supplier |
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| Exhaust Sensor / Electronics Supplier |
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| Commercial Vehicle / Fleet Operator |
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RECENT DEVELOPMENTS
- December 2025 : Tenneco presented its latest emissions reduction and aftertreatment technologies at Marintec China 2025, highlighting innovations aimed at delivering higher performance and lower emissions for future industrial and automotive applications.
- May 2025 : Katcon Global and Tata AutoComp Systems announced a JV in Mexico to produce advanced composite materials for automotive applications, which support next-generation exhaust/aftertreatment solutions and structural components
- Sept 2024 : Continental AG is rolling out an expanded portfolio of engine management and exhaust control components such as exhaust control valves and sensors—boosting part numbers by 2025 to support growing demand for emission-related hardware in service and OE channels
- COLUMN 'A' SHOULD BE IN TEXT FORMAT AND NOT DATE FORMAT :
Table of Contents
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Methodology
The study encompassed four primary tasks to determine the present scope of the exhaust system market. Initially, extensive secondary research was conducted to gather data on the market, its related sectors, and overarching industries. Subsequently, these findings, along with assumptions, were corroborated and validated through primary research involving industry experts across the value chain. Employing both bottom-up and top-down methodologies, the complete market size was estimated. Following this, a market breakdown and data triangulation approach were utilized to determine the size of specific segments and subsegments within the market.
Secondary Research
The secondary sources referred to for the study of the exhaust system market are directly dependent on end-use industry growth. Exhaust system sales and end-use industry demand are derived through secondary sources such as the International Council on Clean Transportation (ICCT), Organisation Internationale des Constructeurs d'Automobiles (OICA); the National Mobility Equipment Dealers Association (NMEDA), the Organization for Economic Co-operation and Development (OECD), World Bank, corporate filings such as annual reports, investor presentations, and financial statements, and paid repository. Historical production data has been collected and analyzed, and the industry trend is considered to arrive at the forecast, which is further validated by primary research.
Primary Research
In the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply side included various industry experts, such as CXOs, vice presidents, directors from business development, marketing, product development/innovation teams, and related key executives from various key companies. Various system integrators, industry associations, independent consultants/industry veterans, and key opinion leaders were also interviewed.
Primary interviews have been conducted to gather insights such as exhaust system market sizing estimation and forecast, future technology trends, and upcoming technologies in the exhaust systems. Data triangulation of all these points was done using the information gathered from secondary research and model mapping. Stakeholders from the demand and supply sides have been interviewed to understand their views on the aforementioned points.
Primary interviews have been conducted with market experts from the demand-side (end-use industries) and supply-side (exhaust system providers) across four regions, namely North America, Europe, Asia Pacific, and the Rest of the World. Approximately 60% and 40% of the primary interviews were conducted on the OEMs and component manufacturer sides, respectively. Primary data has been collected through questionnaires, emails, and telephonic interviews. After communicating with primaries, we have strived to cover various departments within organizations, such as sales and operations, to provide a holistic viewpoint in our report. After interacting with industry experts, we have also conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings described in the remainder of this report.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
A detailed market estimation approach was followed to estimate and validate the value of the exhaust system market and other dependent submarkets, as mentioned below.
- Key players in the exhaust system market were identified through secondary research, and their global market ranking was determined through primary and secondary research.
- The research methodology included a study of annual and quarterly financial reports and regulatory filings of major market players (public), as well as interviews with industry experts for detailed market insights.
- All vehicle level penetration rates, percentage shares, splits, and breakdowns for the market were determined using secondary sources and verified through primary sources.
- All key macro indicators affecting the revenue growth of the market segments and subsegments were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain validated and verified quantitative and qualitative data.
- The gathered market data was consolidated, enhanced with detailed inputs, analyzed, and presented in this report.
Global Exhaust System Market Size: Bottom-Up Approach, By After-treatment device and Country
Global Exhaust System Market Size: Bottom-Up Approach, By Component Type
Data Triangulation
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified by primary sources. All parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, and analysed to obtain the final quantitative and qualitative data. This data has been consolidated and enhanced with detailed inputs and analysis from MarketsandMarkets and presented in the report.
Market Definition
Exhaust Systems: The key components of an exhaust system are the exhaust manifold, downpipe, and tailpipe. Exhaust gases released from engine cylinders are accumulated and cooled down by the exhaust manifold and passed on to the catalytic converter through the downpipe. The catalytic converter acts as an exhaust gas purifier and removes the harmful constituents from the gases. These gases travel through the muffler, which minimizes the noise level and finally emits the cleansed exhaust gases from the tailpipe.
After-treatment Devices: These devices remove harmful constituents such as carbon monoxide (CO), carbon dioxide (CO2), nitrogen oxide (NOX), and particulate matter (PM) from the exhaust gas. After-treatment devices considered under this study for diesel engines include a diesel particulate filter, a diesel oxidation catalyst, a lean NOx trap, and a selective catalytic converter, and for gasoline engines, a gasoline particulate filter (GPF).
Key Stakeholders
- Senior Management
- End User Finance/Procurement Department
- R&D Department
Report Objectives
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To define, describe, and forecast the size of the exhaust system market in terms of value (USD million) and volume (units) between 2024 and 2030 based on the following segments:
- OE market, by after-treatment device (DOC, DPF, SCR, LNT, and GPF)
- OE market, by component (manifolds, downpipes, catalytic converters, mufflers, tailpipes, sensors, and Hangers)
- OE market, by vehicle type (passenger cars, LCVs, buses, and trucks)
- Aftermarket, by after-treatment device (DOC, DPF, GPF, and SCR)
- OE market, by off-highway vehicle (agricultural tractors, construction equipment and mining equipment)
- Off-highway vehicle, by after-treatment device (DPF, DOC, SCR)
- OE market, by fuel type (diesel and gasoline)
- By sales channel (OEM and aftermarket)
- By region (Asia Pacific, North America, Europe, and the Rest of the World)
- To identify and analyze key drivers, restraints, opportunities, and challenges influencing the market
- To analyze the market share of leading players in the exhaust system market and evaluate competitive leadership mapping.
- To strategically analyze key player strategies and company revenue analysis
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To study the following with respect to the market
- Trends and Disruptions Impacting Customers’ Businesses
- Market Ecosystem
- Technology Analysis
- Supply Chain Analysis
- Patent Analysis
- Regulatory Landscape
- Case Study Analysis
- Key Stakeholders and Buying Criteria
- Key Conferences and Events
- Trade Analysis
- Investment and Funding Scenario
- Pricing Analysis
- To analyze recent developments, including product launches, partnerships, acquisitions, expansions, and other developments undertaken by key industry participants in the market
- To give a brief understanding of the exhaust system market in the recommendations chapter
Available Customizations
MarketsandMarkets offers the following customizations for this market report:
Exhaust System Market, By Aftertreatment Devices & Vehicle Type
- DOC
- DPF
- SCR
- GPF
Note: The after-treatment devices OE market can be offered for IC vehicle types - Passenger Cars, LCVs, Trucks, and Buses.
Exhaust System Components Oe Market, By Vehicle Type
- Passenger Cars
- LCVs
- Trucks
- Buses
Note: The component (exhaust manifolds, downpipes, catalytic converters, mufflers, tailpipes, and sensors) OE market can be offered for IC vehicle types - Passenger Cars, LCVs, Trucks, and Buses at the regional level- North America, Europe, Asia Pacific, and Rest of the World.
Hybrid Vehicle Exhaust System Oe Market, By After-Treatment Device
- LNT
- GPF
Note: The hybrid vehicle (HEV & PHEV) exhaust system OE market can be offered by after-treatment devices - LNT and GPF. The off-highway vehicle (construction equipment and agricultural tractors) market can be offered by after-treatment devices - DOC, DPF, and SCR at the regional level - North America, Europe, Asia Pacific, and the Rest of the World.
Two & Three-Wheeler Vehicle Exhaust System Oe Market, By Region
- Asia Pacific
- Europe
- North America
- Rest of the World
Note: The exhaust system OE market can be offered at the regional level - North America, Europe, Asia Pacific, and the Rest of the World.
Frequently Asked Questions (FAQ):
What is the current size of the global exhaust system market?
The global exhaust system market is projected to grow from USD 32.9 billion in 2024 to USD 40.6 billion by 2030, at a CAGR of 3.6%.
Which after-treatment device is currently in the exhaust system market?
SCR is the leading after-treatment device in the exhaust system market.
Many companies operate in the exhaust system market across the globe. Do you know who the front leaders are and what strategies they have adopted?
Tenneco Inc.(US), Faurecia (France), Eberspächer (Germany), Friedrich Boysen GMBH & CO. KG (Germany), and BENTELER International (Austria). These companies adopted new product launches and expansion strategies to gain traction in the exhaust system market.
How does the demand for an exhaust system vary by region?
Asia Pacific is estimated to be the largest OE market for exhaust systems and after-treatment devices during the forecast period, followed by Europe. The growth of the exhaust system market in Asia Pacific is mainly attributed to the increasing vehicle production and constant upgrades in emission norms, especially in countries such as China, Japan, and India.
What are the growth opportunities for the exhaust system supplier?
Lightweight emission systems, growing demand for gasoline particulate filters (GPF) in GDI engines, and advanced exhaust heat recovery systems are expected to offer promising future growth in the market for exhaust systems. .
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Timber
Jul, 2022
Exhaust Systems report does cover the market size and growth forecast for Exhaust Systems in total for the Off-high way Applications, as provided below, at a regional level. 1) OE Market, by off-highway vehicle (agricultural tractor, mining equipment, and construction equipment) 2) By Application (on-highway vehicles and off-highway vehicles). Exhaust system market report covers the following segments, interms of Units and revenues at a regional level and country level, 1) OE Market, by after-treatment device (DOC, DPF, SCR, LNT, and GPF) 2) OE Market, by component (manifold, downpipe, catalytic converter, muffler, tailpipe, sensors, and hangers) 3) OE Market, by vehicle type (passenger cars, LCVs, buses, and trucks) 4) OE Market, by off-highway vehicle (agricultural tractor, mining equipment, and construction equipment) 5) By Application (on-highway vehicles and off-highway vehicles) 6) Aftermarket, By vehicle type (LDV and HDV) 7) By Sensor Type (temperature sensors, oxygen sensors, NOx sensors, and PM sensors) 8) By Sales Channel (OEM and aftermarket).
Tom
Jun, 2022
Which factors are majorly influencing the global growth of the Exhaust System Market?.
Amey
Nov, 2019
I need detailed information on the exhaust system in India market. who supplies what – region wise and component-wise? who manufactures what?.
apoorv
Jul, 2019
I am planning to develop and market a low cost and low maintenance retro fit device for diesel vehicle tail pipe exhaust .
apoorv
Jul, 2019
I want to make retro fit for diesel engine vehicles, with low cost, low maintenance and least back pressure on the engine. .