Exhaust System Market by After-Treatment Device (DOC, DPF, LNT, SCR, GPF), Vehicle Type (PC, LCV, Trucks, Buses, Ag Tractor, Construction & Mining Equipment), Aftermarket, Component, Sensor, Application, Sales Channel and Region - Global Forecast to 2026
[292 Pages Report] The exhaust system market was valued at USD 36.9 billion in 2021 and is projected to reach USD 47.9 billion by 2026, growing at a CAGR of 5.3% during the forecast period. Exhaust gases released from engine cylinders are accumulated and cooled down by the exhaust manifold and passed to the catalytic converter through the downpipe. The catalytic converter and after-treatment devices act as an exhaust gas purifier and remove the harmful constituents from the gases. These gases travel through the muffler, minimizing the noise level, and finally emit the cleansed exhaust gases from the tailpipe. The exhaust system consists of an exhaust manifold, downpipe, catalytic converter, sensors (oxygen, temperature, and others), mufflers, resonators, clamps, and tailpipes. The exhaust system also consists of various after-treatment devices, along with the catalytic converter, which is used to remove harmful constituents such as carbon monoxide (CO), carbon dioxide (CO2), nitrogen oxides (NOX), and particulate matter (PM) from the exhaust gas. After-treatment devices installed in the diesel engines are diesel particulate filter (DPF), diesel oxidation catalyst (DOC), lean NOx trap (LNT), and selective catalytic converter (SCR); and for gasoline engines include gasoline particulate filter (GPF).
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Market Dynamics
DRIVER: Growing penetration of after-treatment devices in combinations
Emission norms across the world are getting stringent each year, and thereby there is an increase in the demand for the reduction in exhaust gas emission particulars and quantities. The combination of after-treatment devices enables automotive OEMs and exhaust system manufacturers to limit vehicle emissions within required regulatory restrictions.
The most used after-treatment device combination includes SCR and DPF. This combination removes more than 70% of all gaseous as well as particulate matter. The SCR reduces NOx to N2 (nitrogen) and water in the presence of a reductant, while the DPF filters particulate matter.
For example, BASF’s Catalysts division is offering the combination of Diesel Oxidation Catalyst (DOC) and a Lean NOx Trap (LNT). This DOC and LNT combination offers high HC and CO removal efficiency of a fully formulated DOC, with the ability of an LNT to trap and reduce NOx. This combination enables exhaust systems to efficiently control the emissions within the Euro 6 emission limits for diesel engines. Thus, such combinations are driving the demand for after-treatment devices and the exhaust system market.
RESTRAINT: Growing sales of clean vehicles
Clean vehicles include BEVs, CNG, and LPG-powered vehicles. Sales of CNG and LPG-powered vehicles are increasing with the growing demand for low emission vehicles. These vehicles are cost-effective as the operating cost of CNG and LPG-powered vehicles is much lower than petroleum-based vehicles. Among all clean vehicles, sales of BEV are booming with several government mandates and other effective measures such as tax subsidies to promote the adoption of electric vehicles.
With the growing environmental awareness and government initiatives, sales of electric vehicles are increasing at a rapid rate. The global sales of BEVs also grew by 40% in 2020 since 2018. The global sales of BEVs are projected to reach 14.7 million units by 2026. CNG and LPG-powered vehicles use the simpler versions of exhaust systems without any after-treatment devices like DPF, DOC, SCR, LNT, or GPF. This decreases the revenue generation of the exhaust system industry compared to ICE-powered vehicles. On the other hand, BEVs use an electric motor to propel the vehicle. Hence, these vehicles are not equipped with any exhaust components as well as other after-treatment devices. Therefore, manufacturers of exhaust systems would be missing on a huge chunk of the OE market as BEVs are gaining popularity across the world, especially in countries like China and the US.
Currently, the impact of clean vehicles in the exhaust system market is negligible. However, they are expected to create a huge impact in the coming future. As a result, the increasing sales of clean vehicles is expected to limit the market growth during the forecast period.
OPPORTUNITY: Lightweight emission systems
The demand for vehicle weight reduction to follow the stringent emission and fuel economy regulations and avoid the heavy penalties imposed by government agencies is continuously growing. The reduction in vehicle weight significantly reduces fuel consumption and CO2 emissions, as lightweight car consumes less fuel as it needs to overcome less inertia, further reducing the power required to propel the vehicle. As per the industry experts, the reduction of vehicle weight by 10% can boost its mileage by almost 6% to 8% and increase fuel economy.
Automotive OEMs are working on several aspects like new and lightweight materials, aerodynamic design, drive train (engine/transmission) efficiency to achieve the reduction in the overall vehicle weight.
Conventional exhaust system uses materials like cast iron, stainless steel, mild steel/carbon steel and others in the manufacturing of exhaust system and its components. However, several automotive OEMs, exhaust system manufacturers, and other companies are working to reduce the weight of exhaust systems and their components.
CHALLENGE: Real drive emission test
The Real Drive Emission (RDE) test measures the harmful pollutants from exhaust gases such as NOx emitted by a car while actually driving on the road with the help of a portable emission measurement system (PEMS). The RDE is crucial to minimize the difference between approval vehicle emission results and those in the real world. As per the European Federation for Transport and Environment AISBL, the difference between official laboratory test results and real-world car performance was growing uncontrollably, jumping from 9% in 2001 to 28% in 2012 and 42% in 2015.
Thus, RDE provisions are expected to positively influence the air quality in European countries by conforming that vehicle manufacturers install emissions control technologies with engines and measures to achieve optimal emission reduction under driving conditions.
The GPF is estimated to be the fastest-growing after-treatment device segment during the forecast period
The regulatory bodies are enforcing the usage of gasoline variants to reduce the impact of the emissions from diesel variants in diesel engines. This has led to advancements in gasoline variants, such as gasoline direct injection (GDI) engines that provide higher fuel economy with lower emissions than other gasoline engine types. Gasoline particulate filters (GPFs) are used to nullify the emission effects and reduce the emissions levels of GDI engines. GPFs prevent the accumulation of soot and enable continuous regeneration of the filter. The GPF segment is expected to witness the highest growth rate during the forecast period with the growing demand for direct gasoline engines.
The sensors segment is projected to lead the exhaust system component market
PM sensors are installed only in diesel vehicles equipped with a DPF. Temperature, NOx sensors, and oxygen sensors are used in both gasoline and diesel engines. In an exhaust system, a single unit of temperature in gasoline, two units in diesel are used, whereas two oxygen sensors are used for each catalytic converter present in the exhaust system for all vehicle types considered under the study. The reducing emission targets all over the world are expected to increase the use of exhaust sensors in vehicle exhaust systems to capture, monitor, and analyze the emission gasses and their quantity, driving the demand for sensors during the forecast period.
Asia Pacific is estimated to be the largest market in 2021
The upcoming emission norms in Asia Pacific are a major factor driving the exhaust system market.
In Asia Pacific, China is the largest market for exhaust systems owing to the increased vehicle production. With China V emission norms, the average adoption rate of DOC and DPF for all vehicle types is 100% since 2019. However, the adoption rate of SCR is lower compared to European countries. The growth of various after-treatment devices during the forecast period can be attributed to the upcoming emission norms of China VI.
Japan is the second-largest market for exhaust systems in Asia Pacific. Japan follows its own emission norms, and it is stricter than other countries in the region. It is estimated to have a 100% adoption rate of DOCs and DPFs since 2018, respectively, for all vehicle types. The adoption rate of SCR in passenger cars and LCVs is expected to be 100% by 2025 and in buses and trucks in 2021.
India is expected to be one of the fastest-growing markets in Asia Pacific. As of 2020, the adoption rate of all after-treatment devices such as SCR, LNT, and GPF is lower than other countries in the region. However, the adoption rate of DPF and DOC increased to 100% in all vehicle types with BS Vi emission norms implemented in 2020. The adoption rate of LNT is higher in India as the production of A, B, and C-segment vehicles are high. The adoption rate of various after-treatment devices is expected to increase in the coming years, owing to the introduction of stringent emission regulations in the coming years.
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Key Market Players
Tenneco Inc.(US), Faurecia (France), Eberspächer (Germany), Friedrich Boysen GMBH & CO. KG (Germany), and BENTELER International (Austria), are the key companies operating in the exhaust system market. These companies adopted new product launches and expansion to gain traction in the global market.
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|
Report Attributes |
Details |
|
Market size value in 2021: |
USD 36.9 billion |
|
Projected to reach by 2026: |
USD 47.9 billion |
|
CAGR: |
5.3% |
|
Base Year Considered: |
2020 |
|
Forecast Period: |
2021-2026 |
|
Largest Market: |
Asia Pacific |
|
Region Covered: |
Asia Pacific, Europe, North America, and RoW |
|
Segments Covered: |
By After-treatment device, OE Market By Component, OE Market By Vehicle Type, OE Market, by Off-highway Vehicle, Application, sensor type, Aftermarket, By Vehicle Type, Sales channel, and region |
|
Companies Covered: |
Tenneco Inc.(US), Faurecia (France), Eberspächer (Germany), Friedrich Boysen GMBH & CO. KG (Germany), and BENTELER International (Austria). |
Along with the given market data, MarketsandMarkets offers customizations in accordance with the company’s specific needs
Exhaust System Components OE Market, By vehicle type
- Passenger Cars
- LCV
- Trucks
- Buses
Note: Components (exhaust manifold, downpipe, catalytic converter, muffler, tailpipe, and sensors) OE market can be offered for IC vehicle type- Passenger Cars, LCV, Trucks, and Buses at the regional level- North America, Europe, Asia Pacific, and RoW.
Exhaust System OE Market, By Fuel type
- Gasoline
- Diesel
Note: The exhaust system OE market can be offered by fuel type- Gasoline & Diesel at the regional level-North America, Europe, Asia Pacific, and RoW
Exhaust System OE Market, in Hybrid Vehicle, 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
After-treatment devices OE market, off-highway Vehicle BY Region
- Asia Pacific
- Europe
- North America
- RoW
Note: 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 RoW.
Two & Three-Wheeler Vehicle Exhaust System OE Market, By region
- Asia Pacific
- Europe
- North America
- RoW
Note: The exhaust system OE market can be offered at the regional level- North America, Europe, Asia Pacific, and RoW
Recent Developments
- In May 2021, Futaba Industrial Co., Ltd announced to exhibit its products at the Automotive Engineering Exposition 2021 Online. The company will introduce exhaust and body system components that will reduce the release of substances of environmental concern, improve fuel efficiency, and reduce weight for SDGs (Sustainable Development Goals).
- In April 2021, Faurecia announced to start the operation of its Koriyama Plant (Koriyama City, Fukushima Prefecture), which is the production base of the Clean Mobility Division, in the latter half of 2021. The Koriyama Plant was scheduled to start operations around September 2020, but it was postponed due to a temporary drop in production by the automakers to whom it delivered products due to the spread of the coronavirus (COVID-19).
- In March 2021, Eberspächer announced that its exhaust technology started a series production of tunnel mixers for exhaust-emission conversion in passenger cars and commercial vehicles. The mixer ensures optimum evaporation and mixing of the aqueous urea solution with the exhaust gas.
- In March 2021, Tenneco’s Clean Air business group entered into a partnership with Eaton's Vehicle Group to produce an integrated exhaust thermal management system that will enable manufacturers of commercial trucks and light vehicles to meet upcoming emissions regulations.
- In February 2019, Eberspächer and Sharda Motor Industries Ltd. signed an agreement for a 50:50 joint venture. The new joint venture will develop, produce and sell exhaust after-treatment systems for the Indian commercial vehicle manufacturers to comply with the highest emission standard Bharat Stage VI.
Frequently Asked Questions (FAQ):
What is the current size of the global exhaust system market?
The global exhaust system market is estimated to be USD 36.9 billion in 2021, with Asia Pacific dominating the market.
Which after-treatment device is currently leading the market?
SCR is leading after-treatment device in the market.
Many companies are operating in the market space across the globe. Do you know who are the front leaders, and what strategies have been adopted by them?
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 market.
How is the demand for exhaust system varies 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 market in Asia Pacific is mainly attributed to the increasing vehicle production and constant upgradations 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 filter (GPF) in GDI engines, and advanced exhaust heat recovery systems are expected to offer promising future growth of the market for exhaust system. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 27)
1.1 OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 YEARS CONSIDERED IN THE STUDY
1.4 CURRENCY CONSIDERED
1.5 SUMMARY OF CHANGES
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 31)
2.1 RESEARCH DATA
FIGURE 1 RESEARCH DESIGN
FIGURE 2 RESEARCH METHODOLOGY MODEL
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources to estimate exhaust system market
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY STAKEHOLDER, DESIGNATION, & REGION
2.1.2.1 List of primary participants
2.2 MARKET ESTIMATION METHODOLOGY
FIGURE 4 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.2.1 BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE: BOTTOM-UP APPROACH (AFTER-TREATMENT DEVICE AND REGION)
FIGURE 6 MARKET SIZE: BOTTOM-UP APPROACH (AFTERMARKET, BY VEHICLE TYPE)
2.2.2 TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE: TOP-DOWN APPROACH (COMPONENT)
TABLE 1 MARKET: RESEARCH DESIGN & METHODOLOGY
FIGURE 8 MARKET: RESEARCH METHODOLOGY ILLUSTRATION OF FAURECIA REVENUE ESTIMATION
2.2.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND- AND SUPPLY-SIDE
2.3 DATA TRIANGULATION
FIGURE 9 DATA TRIANGULATION METHODOLOGY
2.4 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.5.1 ASSUMPTIONS
TABLE 2 ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 46)
3.1 INTRODUCTION
3.1.1 PRE- VS POST-COVID-19 SCENARIO
FIGURE 10 PRE- & POST-COVID-19 SCENARIO: MARKET SIZE, 2019–2026 (USD MILLION)
TABLE 3 MARKET SIZE: PRE- VS. POST-COVID-19 SCENARIO, 2019–2026 (USD MILLION)
3.2 REPORT SUMMARY
FIGURE 11MARKET SIZE, BY AFTER-TREATMENT DEVICE, 2021 VS. 2026 (USD MILLION)
4 PREMIUM INSIGHTS (Page No. - 50)
4.1 ATTRACTIVE OPPORTUNITIES IN THE EXHAUST SYSTEM MARKET
FIGURE 12 GROWING PENETRATION OF AFTER-TREATMENT DEVICES IN COMBINATIONS TO DRIVE THE MARKET
4.2 MARKET, BY AFTER-TREATMENT DEVICES
FIGURE 13 SCR IS ESTIMATED TO LEAD THE MARKET IN 2021 (USD MILLION)
4.3 MARKET, BY VEHICLE TYPE
FIGURE 14 THE PASSENGER CARS SEGMENT IS PROJECTED TO DOMINATE THE MARKET DURING THE FORECAST PERIOD
4.4 MARKET, BY COMPONENT
FIGURE 15 THE TAILPIPE SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
4.5 MARKET, BY SENSOR TYPE
FIGURE 16 NOX SENSORS PROJECTED TO ACCOUNT LEAD THE MARKET DURING FORECAST PERIOD
4.6 EXHAUST SYSTEM AFTERMARKET, BY VEHICLE TYPE
4.7 EXHAUST SYSTEM OE MARKET, BY OFF-HIGHWAY VEHICLE
FIGURE 17 MINING EQUIPMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR FROM 2021 TO 2026
4.8 MARKET, BY APPLICATION
FIGURE 18 THE ON-HIGHWAY VEHICLES SEGMENT IS ESTIMATED TO ACCOUNT FOR A LARGER SHARE OF THE MARKET IN 2021
4.9 MARKET, BY SALES CHANNEL
FIGURE 19 AFTERMARKET IS EXPECTED TO ACCOUNT FOR A LARGER SHARE BY 2026
4.10 MARKET, BY REGION
FIGURE 20 ASIA PACIFIC IS ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE OF THE MARKET IN 2021
5 MARKET OVERVIEW (Page No. - 56)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 EXHAUST SYSTEM: MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing vehicle emission is leading to stringent emission and fuel economy regulations
5.2.1.1.1 On-highway emission regulations
5.2.1.1.2 Off-highway (non-road mobile machinery) emission regulations
5.2.1.1.3 Fuel Economy Regulations
5.2.1.2 Growing penetration of after-treatment devices in Combinations
5.2.2 RESTRAINTS
5.2.2.1 Growing sales of clean vehicles
TABLE 4 FINANCIAL INCENTIVES FOR ELECTRIC VEHICLES, BY COUNTRY
FIGURE 22 SALES OF CLEAN VEHICLES, 2018-2026 (THOUSAND UNITS)
5.2.3 OPPORTUNITIES
5.2.3.1 Lightweight emission systems
5.2.3.2 Growing demand for gasoline particulate filters (GPF) in GDI engines
5.2.3.3 Advanced exhaust heat recovery systems
5.2.4 CHALLENGES
5.2.4.1 Impact of COVID-19 on Exhaust system market
5.2.4.2 Real drive emission test
5.3 PORTER’S FIVE FORCES ANALYSIS
TABLE 5 PORTER’S FIVE FORCES ANALYSIS
FIGURE 23 PORTER’S FIVE FORCES
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 THREAT OF SUBSTITUTES
5.3.3 BARGAINING POWER OF SUPPLIERS
5.3.4 BARGAINING POWER OF BUYERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 TRADE ANALYSIS
TABLE 6 IMPORT TRADE DATA, BY COUNTRY, 2020 (USD THOUSAND)
TABLE 7 EXPORT TRADE DATA, BY COUNTRY, 2020 (USD THOUSAND)
5.5 CASE STUDIES
5.6 PATENT ANALYSIS
5.7 SUPPLY CHAIN ANALYSIS
FIGURE 24 SUPPLY CHAIN ANALYSIS: MARKET
5.8 MARKET ECOSYSTEM
TABLE 8 ROLE OF COMPANIES IN MARKET ECOSYSTEM
5.9 EMISSION REGULATIONS, BY VEHICLE TYPE
5.9.1 ON-ROAD VEHICLES
TABLE 9 EURO-5 VS. EURO-6 VEHICLE EMISSION STANDARDS ON THE NEW EUROPEAN DRIVING CYCLE
TABLE 10 ON-ROAD VEHICLE EMISSION REGULATION OUTLOOK FOR PASSENGER CARS, 2016–2021
FIGURE 25 ON-ROAD VEHICLE EMISSION REGULATION OUTLOOK FOR HEAVY-DUTY VEHICLES, 2014–2025
5.9.2 NON-ROAD MOBILE MACHINERY
FIGURE 26 NON-ROAD MOBILE MACHINERY EMISSION REGULATION OUTLOOK, 2019–2025
5.10 FUEL ECONOMY NORMS
5.10.1 US
TABLE 11 US: CAFE STANDARDS FOR EACH MODEL YEAR IN MILES PER GALLON, 2012–2025
5.10.2 EUROPE
5.10.3 CHINA
5.10.4 INDIA
5.11 AVERAGE SELLING PRICE (ASP) ANALYSIS
TABLE 12 AVERAGE REGIONAL PRICE (ASP) TREND: AFTER-TREATMENT DEVICES (USD), 2021
TABLE 13 AVERAGE PRICE (ASP) TREND: VEHICLE TYPE (USD), 2021
5.12 EXHAUST SYSTEM: TECHNICAL ANALYSIS
5.12.1 INTRODUCTION
5.12.2 MAJOR COMPONENTS AND THEIR FUNCTIONS IN AN AUTOMOTIVE EXHAUST SYSTEM
FIGURE 27 WORKING ON AN AUTOMOTIVE EXHAUST SYSTEM
5.12.2.1 Exhaust manifold
FIGURE 28 VEHICLE EXHAUST MANIFOLD
5.12.2.2 Catalytic converter
5.12.2.2.1 Substrate
5.12.2.2.2 Wash-coat
5.12.2.2.3 Catalyst
FIGURE 29 CATALYTIC CONVERTER WORKING MODEL
5.12.2.3 Muffler
5.12.2.4 Tailpipe
5.12.2.5 Resonators
5.12.2.6 After-treatment devices
5.12.3 ACTIVE NOISE CANCELLATION (ANC)
FIGURE 30 WORKING OF AN ANC MUFFLER
5.13 EXHAUST SYSTEM MARKET SCENARIO
FIGURE 31 MARKET SCENARIO, 2019–2026 (USD MILLION)
5.13.1 REALISTIC SCENARIO
TABLE 14 MARKET (REALISTIC SCENARIO), BY REGION, 2019–2026 (USD MILLION)
5.13.2 LOW IMPACT SCENARIO
TABLE 15 MARKET (LOW IMPACT SCENARIO), BY REGION, 2019–2026 (USD MILLION)
5.13.3 HIGH IMPACT SCENARIO
TABLE 16 MARKET (HIGH IMPACT SCENARIO), BY REGION, 2019–2026 (USD MILLION)
6 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 84)
6.1 ASIA PACIFIC IS EXPECTED TO LEAD THE MARKET FOR EXHAUST SYSTEMS
6.2 GROWING DEMAND FOR GDI VEHICLES - KEY FOCUS AREAS
6.3 CONCLUSION
7 EXHAUST SYSTEM (OE) MARKET, BY AFTER-TREATMENT DEVICE (Page No. - 86)
7.1 INTRODUCTION
7.1.1 RESEARCH METHODOLOGY
7.1.2 ASSUMPTIONS
7.1.3 INDUSTRY INSIGHTS
FIGURE 32 EXHAUST SYSTEM (OE) MARKET SIZE, BY AFTER-TREATMENT DEVICE, 2021 VS. 2026 (USD MILLION)
TABLE 17 EXHAUST SYSTEM (OE) MARKET SIZE, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 18 EXHAUST SYSTEM (OE) MARKET SIZE, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 19 EXHAUST SYSTEM (OE) MARKET SIZE, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 20 EXHAUST SYSTEM (OE) MARKET SIZE, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
7.2 DIESEL OXIDATION CATALYST (DOC)
TABLE 21 DOC (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 22 DOC (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 23 DOC (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 24 DOC (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.3 DIESEL PARTICULATE FILTER (DPF)
TABLE 25 DPF (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 26 DPF (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 27 DPF (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 28 DPF (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.4 LEAN NOX TRAP (LNT)
TABLE 29 LNT (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 30 LNT (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 31 LNT (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 32 LNT (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.5 SELECTIVE CATALYST REDUCTION (SCR)
TABLE 33 SCR (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 34 SCR (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 35 SCR (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 36 SCR (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
7.6 GASOLINE PARTICULATE FILTER (GPF)
TABLE 37 GPF (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 38 GPF (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 39 GPF (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 40 GPF (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
8 EXHAUST SYSTEM (OE) MARKET, BY VEHICLE TYPE (Page No. - 99)
8.1 INTRODUCTION
8.1.1 RESEARCH METHODOLOGY
8.1.2 ASSUMPTIONS
8.1.3 INDUSTRY INSIGHTS
FIGURE 33 EXHAUST SYSTEM (OE) MARKET SIZE, BY VEHICLE TYPE, 2021 VS. 2026 (USD MILLION)
TABLE 41 EXHAUST SYSTEM (OE) MARKET SIZE, BY VEHICLE TYPE, 2019–2020 (THOUSAND UNITS)
TABLE 42 EXHAUST SYSTEM (OE) MARKET SIZE, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
TABLE 43 EXHAUST SYSTEM (OE) MARKET SIZE, BY VEHICLE TYPE, 2019–2020 (USD MILLION)
TABLE 44 EXHAUST SYSTEM (OE) MARKET SIZE, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
8.2 PASSENGER CARS
TABLE 45 PASSENGER CARS EXHAUST SYSTEM (OE) MARKET, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 46 PASSENGER CARS EXHAUST SYSTEM (OE) MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 47 PASSENGER CARS EXHAUST SYSTEM (OE) MARKET, BY REGION, 2019–2020 (USD MILLION)
TABLE 48 PASSENGER CARS EXHAUST SYSTEM (OE) MARKET, BY REGION, 2021–2026 (USD MILLION)
8.3 LIGHT COMMERCIAL VEHICLES
TABLE 49 LIGHT COMMERCIAL VEHICLES EXHAUST SYSTEM (OE) MARKET, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 50 LIGHT COMMERCIAL VEHICLES EXHAUST SYSTEM (OE) MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 51 LIGHT COMMERCIAL VEHICLES EXHAUST SYSTEM (OE) MARKET, BY REGION, 2019–2020 (USD MILLION)
TABLE 52 LIGHT COMMERCIAL VEHICLES EXHAUST SYSTEM (OE) MARKET, BY REGION, 2021–2026 (USD MILLION)
8.4 TRUCKS
TABLE 53 TRUCKS EXHAUST SYSTEM (OE) MARKET, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 54 TRUCKS EXHAUST SYSTEM (OE) MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 55 TRUCKS EXHAUST SYSTEM (OE) MARKET, BY REGION, 2019–2020 (USD MILLION)
TABLE 56 TRUCKS EXHAUST SYSTEM (OE) MARKET, BY REGION, 2021–2026 (USD MILLION)
8.5 BUSES
TABLE 57 BUS EXHAUST SYSTEM (OE) MARKET, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 58 BUS EXHAUST SYSTEM (OE) MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 59 BUS EXHAUST SYSTEM (OE) MARKET, BY REGION, 2019–2020 (USD MILLION)
TABLE 60 BUS EXHAUST SYSTEM (OE) MARKET, BY REGION, 2021–2026 (USD MILLION)
9 EXHAUST SYSTEM AFTERMARKET, BY VEHICLE TYPE (Page No. - 110)
9.1 INTRODUCTION
9.1.1 RESEARCH METHODOLOGY
9.1.2 ASSUMPTIONS
9.1.3 INDUSTRY INSIGHTS
FIGURE 34 EXHAUST SYSTEM AFTERMARKET SIZE, BY VEHICLE TYPE, 2021 VS. 2026 (USD MILLION)
TABLE 61 EXHAUST SYSTEM AFTERMARKET SIZE, BY VEHICLE TYPE, 2019–2020 (THOUSAND UNITS)
TABLE 62 EXHAUST SYSTEM AFTERMARKET SIZE, BY VEHICLE TYPE, 2021–2026 (THOUSAND UNITS)
TABLE 63 EXHAUST SYSTEM AFTERMARKET SIZE, BY VEHICLE TYPE, 2019–2020 (USD MILLION)
TABLE 64 EXHAUST SYSTEM AFTERMARKET SIZE, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
9.2 LIGHT-DUTY VEHICLES (LDVS)
TABLE 65 LDV EXHAUST SYSTEM AFTERMARKET, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 66 LDV EXHAUST SYSTEM AFTERMARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 67 LDV EXHAUST SYSTEM AFTERMARKET, BY REGION, 2019–2020 (USD MILLION)
TABLE 68 LDV EXHAUST SYSTEM AFTERMARKET, BY REGION, 2021–2026 (USD MILLION)
9.3 HEAVY-DUTY VEHICLES (HDVS)
TABLE 69 HDV EXHAUST SYSTEM AFTERMARKET, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 70 HDV EXHAUST SYSTEM AFTERMARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 71 HDV EXHAUST SYSTEM AFTERMARKET, BY REGION, 2019–2020 (USD MILLION)
TABLE 72 HDV EXHAUST SYSTEM AFTERMARKET, BY REGION, 2021–2026 (USD MILLION)
10 EXHAUST SYSTEM (OE) MARKET, BY COMPONENT (Page No. - 118)
10.1 INTRODUCTION
10.1.1 RESEARCH METHODOLOGY
10.1.2 ASSUMPTIONS
FIGURE 35 EXHAUST SYSTEM (OE) MARKET SIZE, BY COMPONENT, 2021 VS. 2026 (USD MILLION)
TABLE 73 EXHAUST SYSTEM (OE) MARKET SIZE, BY COMPONENT, 2019–2020 (THOUSAND UNITS)
TABLE 74 EXHAUST SYSTEM (OE) MARKET SIZE, BY COMPONENT, 2021–2026 (THOUSAND UNITS)
TABLE 75 EXHAUST SYSTEM (OE) MARKET SIZE, BY COMPONENT, 2019–2020 (USD MILLION)
TABLE 76 EXHAUST SYSTEM (OE) MARKET SIZE, BY COMPONENT, 2021–2026 (USD MILLION)
10.2 SENSORS
TABLE 77 SENSORS (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 78 SENSORS (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 79 SENSORS (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 80 SENSORS (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
10.3 CATALYTIC CONVERTER
TABLE 81 CATALYTIC CONVERTER (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 82 CATALYTIC CONVERTER (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 83 CATALYTIC CONVERTER (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 84 CATALYTIC CONVERTER (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
10.4 DOWNPIPE
TABLE 85 DOWNPIPE (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 86 DOWNPIPE (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 87 DOWNPIPE (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 88 DOWNPIPE (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
10.5 MANIFOLD
TABLE 89 MANIFOLD (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 90 MANIFOLD (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 91 MANIFOLD (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 92 MANIFOLD (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
10.6 MUFFLER
TABLE 93 MUFFLER (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 94 MUFFLER (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 95 MUFFLER (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 96 MUFFLER (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
10.7 TAILPIPE
TABLE 97 TAILPIPE (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 98 TAILPIPE (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 99 TAILPIPE (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 100 TAILPIPE (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
10.8 HANGERS
TABLE 101 HANGERS (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 102 HANGERS (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 103 HANGERS (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 104 HANGERS (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
11 EXHAUST SYSTEM (OE) MARKET, BY SENSOR TYPE (Page No. - 133)
11.1 INTRODUCTION
11.1.1 RESEARCH METHODOLOGY
11.1.2 ASSUMPTIONS
FIGURE 36 EXHAUST SYSTEM (OE) MARKET SIZE, BY SENSOR TYPE, 2021 VS. 2026 (USD MILLION)
TABLE 105 EXHAUST SYSTEM (OE) MARKET SIZE, BY SENSOR TYPE, 2019–2020 (THOUSAND UNITS)
TABLE 106 EXHAUST SYSTEM (OE) MARKET SIZE, BY SENSOR TYPE, 2021–2026 (THOUSAND UNITS)
TABLE 107 EXHAUST SYSTEM (OE) MARKET SIZE, BY SENSOR TYPE, 2019–2020 (USD MILLION)
TABLE 108 EXHAUST SYSTEM (OE) MARKET SIZE, BY SENSOR TYPE, 2021–2026 (USD MILLION)
11.2 NOX SENSORS
TABLE 109 NOX SENSORS (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 110 NOX SENSORS (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 111 NOX SENSORS (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 112 NOX SENSORS (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
11.3 OXYGEN SENSORS
TABLE 113 OXYGEN SENSORS (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 114 OXYGEN SENSORS (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 115 OXYGEN SENSORS (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 116 OXYGEN SENSORS (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
11.4 TEMPERATURE SENSORS
TABLE 117 TEMPERATURE SENSORS (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 118 TEMPERATURE SENSORS (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 119 TEMPERATURE SENSORS (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 120 TEMPERATURE SENSORS (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
11.5 PM SENSORS
TABLE 121 PM SENSORS (OE) MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 122 PM SENSORS (OE) MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 123 PM SENSORS (OE) MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 124 PM SENSORS (OE) MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
12 EXHAUST SYSTEM MARKET, BY OFF-HIGHWAY VEHICLE (Page No. - 143)
12.1 INTRODUCTION
12.1.1 RESEARCH METHODOLOGY
12.1.2 ASSUMPTIONS
12.1.3 INDUSTRY INSIGHTS
FIGURE 37 MARKET SIZE, BY OFF-HIGHWAY VEHICLE, 2021 VS. 2026 (USD MILLION)
TABLE 125 MARKET SIZE, BY OFF-HIGHWAY VEHICLE, 2019–2020 (THOUSAND UNITS)
TABLE 126 MARKET SIZE, BY OFF-HIGHWAY VEHICLE, 2021–2026 (THOUSAND UNITS)
TABLE 127 MARKET SIZE, BY OFF-HIGHWAY VEHICLE, 2019–2020 (USD MILLION)
TABLE 128 MARKET SIZE, BY OFF-HIGHWAY VEHICLE, 2021–2026 (USD MILLION)
12.2 AGRICULTURE TRACTOR
TABLE 129 AGRICULTURE TRACTOR EXHAUST SYSTEM MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 130 AGRICULTURE TRACTOR MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 131 AGRICULTURE TRACTOR MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 132 AGRICULTURE TRACTOR MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
12.3 CONSTRUCTION EQUIPMENT
TABLE 133 CONSTRUCTION EQUIPMENT MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 134 CONSTRUCTION EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 135 CONSTRUCTION EQUIPMENT MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 136 CONSTRUCTION EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
12.4 MINING EQUIPMENT
TABLE 137 MINING EQUIPMENT MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 138 MINING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 139 MINING EQUIPMENT MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 140 MINING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
13 EXHAUST SYSTEM MARKET, BY APPLICATION (Page No. - 152)
13.1 INTRODUCTION
13.1.1 RESEARCH METHODOLOGY
13.1.2 ASSUMPTIONS
FIGURE 38 MARKET SIZE, BY APPLICATION, 2021 VS. 2026 (USD MILLION)
TABLE 141 MARKET SIZE, BY APPLICATION, 2019–2020 (THOUSAND UNITS)
TABLE 142 MARKET SIZE, BY APPLICATION, 2021–2026 (THOUSAND UNITS)
TABLE 143 MARKET SIZE, BY APPLICATION, 2019–2020 (USD MILLION)
TABLE 144 MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
13.2 ON-HIGHWAY VEHICLES
TABLE 145 ON-HIGHWAY VEHICLES EXHAUST SYSTEM MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 146 ON-HIGHWAY VEHICLES MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 147 ON-HIGHWAY VEHICLES MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 148 ON-HIGHWAY VEHICLES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
13.3 OFF-HIGHWAY VEHICLES
TABLE 149 OFF-HIGHWAY VEHICLES MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 150 OFF-HIGHWAY VEHICLES MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 151 OFF-HIGHWAY VEHICLES MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 152 OFF-HIGHWAY VEHICLES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
14 EXHAUST SYSTEM MARKET, BY SALES CHANNEL (Page No. - 159)
14.1 INTRODUCTION
14.1.1 RESEARCH METHODOLOGY
14.1.2 ASSUMPTIONS
FIGURE 39 MARKET SIZE, BY SALES CHANNEL, 2021 VS. 2026 (USD MILLION)
TABLE 153 MARKET SIZE, BY SALES CHANNEL, 2019–2020 (THOUSAND UNITS)
TABLE 154 MARKET SIZE, BY SALES CHANNEL, 2021–2026 (THOUSAND UNITS)
TABLE 155 MARKET SIZE, BY SALES CHANNEL, 2019–2020 (USD MILLION)
TABLE 156 MARKET SIZE, BY SALES CHANNEL, 2021–2026 (USD MILLION)
14.2 AFTERMARKET
TABLE 157 EXHAUST SYSTEM AFTERMARKET MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 158 EXHAUST SYSTEM AFTERMARKET MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 159 EXHAUST SYSTEM AFTERMARKET MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 160 EXHAUST SYSTEM AFTERMARKET MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
14.3 OEM
TABLE 161 EXHAUST SYSTEM OE MARKET SIZE, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 162 EXHAUST SYSTEM OE MARKET SIZE, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 163 EXHAUST SYSTEM OE MARKET SIZE, BY REGION, 2019–2020 (USD MILLION)
TABLE 164 EXHAUST SYSTEM OE MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
15 EXHAUST SYSTEM MARKET, BY REGION (Page No. - 167)
15.1 INTRODUCTION
15.2 RESEARCH METHODOLOGY
FIGURE 40 MARKET, BY REGION, 2021 VS. 2026 (USD MILLION)
TABLE 165 MARKET, BY REGION, 2019–2020 (THOUSAND UNITS)
TABLE 166 MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
TABLE 167 MARKET, BY REGION, 2019–2020 (USD MILLION)
TABLE 168 MARKET, BY REGION, 2021–2026 (USD MILLION)
15.3 ASIA PACIFIC
FIGURE 41 ASIA PACIFIC: EXHAUST SYSTEM MARKET SNAPSHOT
TABLE 169 ASIA PACIFIC: MARKET, BY COUNTRY, 2019–2020 (THOUSAND UNITS)
TABLE 170 ASIA PACIFIC: MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
TABLE 171 ASIA PACIFIC: MARKET, BY COUNTRY, 2019–2020 (USD MILLION)
TABLE 172 ASIA PACIFIC: MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
15.3.1 CHINA
15.3.1.1 SCR is expected to grow at the highest rate in China during the forecast period
TABLE 173 CHINA: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 174 CHINA: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 175 CHINA: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 176 CHINA: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.3.2 JAPAN
15.3.2.1 Japan is the second-largest market for after-treatment devices in Asia Pacific
TABLE 177 JAPAN:MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 178 JAPAN: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 179 JAPAN: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 180 JAPAN: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.3.3 SOUTH KOREA
15.3.3.1 SCR is estimated to dominate the market in South Korea
TABLE 181 SOUTH KOREA: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 182 SOUTH KOREA: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 183 SOUTH KOREA: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 184 SOUTH KOREA: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.3.4 INDIA
15.3.4.1 BS-VI emission regulation fueled the demand for DOC and DPF in the country
TABLE 185 INDIA: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 186 INDIA: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 187 INDIA: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 188 INDIA: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.3.5 THAILAND
15.3.5.1 DOC is expected to lead the market by volume during the forecast period
TABLE 189 THAILAND: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 190 THAILAND: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 191 THAILAND: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 192 THAILAND: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.3.6 REST OF ASIA PACIFIC
15.3.6.1 SCR is expected to be the largest after-treatment device market by 2026
TABLE 193 REST OF ASIA PACIFIC: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 194 REST OF ASIA PACIFIC: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 195 REST OF ASIA PACIFIC: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 196 REST OF ASIA PACIFIC: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.4 EUROPE
FIGURE 42 EUROPE: EXHAUST SYSTEM MARKET SNAPSHOT
TABLE 197 EUROPE: MARKET, BY COUNTRY, 2019–2020 (THOUSAND UNITS)
TABLE 198 EUROPE: MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
TABLE 199 EUROPE: MARKET, BY COUNTRY, 2019–2020 (USD MILLION)
TABLE 200 EUROPE: MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
15.4.1 GERMANY
15.4.1.1 Germany is expected to be the largest market for exhaust system with after-treatment device
TABLE 201 GERMANY: EXHAUST SYSTEM MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 202 GERMANY: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 203 GERMANY: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 204 GERMANY: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.4.2 FRANCE
15.4.2.1 SCR is projected to be the largest market for after-treatment devices by 2026
TABLE 205 FRANCE: EXHAUST SYSTEM MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 206 FRANCE: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 207 FRANCE: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 208 FRANCE: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.4.3 UK
15.4.3.1 SCR is expected to be the largest market in the UK as of 2020
TABLE 209 UK: EXHAUST SYSTEM MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 210 UK: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 211 UK: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 212 UK: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.4.4 SPAIN
15.4.4.1 DPF and DOC are expected to be the largest market by volume
TABLE 213 SPAIN: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 214 SPAIN: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 215 SPAIN: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 216 SPAIN: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.4.5 TURKEY
15.4.5.1 DP, DOC, and SCR are projected to be potential market by volume during the forecast period
TABLE 217 TURKEY: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 218 TURKEY: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 219 TURKEY: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 220 TURKEY: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.4.6 RUSSIA
15.4.6.1 GPF is expected to register the highest growth rate due to increased sales of GDI vehicles
TABLE 221 RUSSIA: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 222 RUSSIA: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 223 RUSSIA: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 224 RUSSIA: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.4.7 REST OF EUROPE
15.4.7.1 SCR is projected to be the largest market for after-treatment devices
TABLE 225 REST OF EUROPE: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 226 REST OF EUROPE: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 227 REST OF EUROPE: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 228 REST OF EUROPE: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.5 NORTH AMERICA
FIGURE 43 NORTH AMERICA: MARKET, BY COUNTRY, 2021 VS. 2026 (USD MILLION)
TABLE 229 NORTH AMERICA: MARKET, BY COUNTRY, 2019–2020 (THOUSAND UNITS)
TABLE 230 NORTH AMERICA: MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
TABLE 231 NORTH AMERICA: MARKET, BY COUNTRY, 2019–2020 (USD MILLION)
TABLE 232 NORTH AMERICA: MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
15.5.1 US
15.5.1.1 After-treatment devices such as DOC and DPF have a 100% adoption rate in diesel vehicles in the US
TABLE 233 US: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 234 US: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 235 US: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 236 US: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.5.2 MEXICO
15.5.2.1 Mexico is estimated to be the second-fastest market in North America owing to increased vehicle production
TABLE 237 MEXICO: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 238 MEXICO: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 239 MEXICO: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 240 MEXICO: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026(USD MILLION)
15.5.3 CANADA
15.5.3.1 SCR is estimated to be the largest after-treatment market by 2026
TABLE 241 CANADA: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 242 CANADA: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 243 CANADA: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 244 CANADA: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.6 REST OF THE WORLD (ROW)
FIGURE 44 ROW: MARKET, BY COUNTRY, 2021 VS 2026 (USD MILLION)
TABLE 245 ROW: MARKET, BY COUNTRY, 2019–2020 (THOUSAND UNITS)
TABLE 246 ROW: MARKET, BY COUNTRY, 2021–2026 (THOUSAND UNITS)
TABLE 247 ROW: MARKET, BY COUNTRY, 2019–2020 (USD MILLION)
TABLE 248 ROW: MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
15.6.1 BRAZIL
15.6.1.1 DOC is estimated to be the largest market by volume as of 2021
TABLE 249 BRAZIL: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 250 BRAZIL: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 251 BRAZIL: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 252 BRAZIL: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.6.2 IRAN
15.6.2.1 GPF is expected to register the highest CAGR during the forecast period
TABLE 253 IRAN: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 254 IRAN: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 255 IRAN: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 256 IRAN: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
15.6.3 OTHERS
15.6.3.1 DPF is estimated to be the largest market by 2026
TABLE 257 OTHERS: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (THOUSAND UNITS)
TABLE 258 OTHERS: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (THOUSAND UNITS)
TABLE 259 OTHERS: MARKET, BY AFTER-TREATMENT DEVICE, 2019–2020 (USD MILLION)
TABLE 260 OTHERS: MARKET, BY AFTER-TREATMENT DEVICE, 2021–2026 (USD MILLION)
16 COMPETITIVE LANDSCAPE (Page No. - 215)
16.1 OVERVIEW
16.2 EXHAUST SYSTEM MARKET SHARE ANALYSIS, 2020
TABLE 261 MARKET SHARE ANALYSIS, 2020
FIGURE 45 MARKET SHARE, 2020
16.3 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS
FIGURE 46 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2018-2020
16.4 COMPANY EVALUATION QUADRANT: EXHAUST SYSTEM AND AFTER-TREATMENT DEVICE SUPPLIERS
16.4.1 STAR
16.4.2 EMERGING LEADERS
16.4.3 PERVASIVE
16.4.4 PARTICIPANTS
TABLE 262 EXHAUST SYSTEM MARKET: COMPANY PRODUCT FOOTPRINT, 2020
TABLE 263 MARKET: COMPANY APPLICATION FOOTPRINT, 2020
TABLE 264 MARKET: COMPANY REGION FOOTPRINT, 2020
FIGURE 47 COMPETITIVE EVALUATION MATRIX: EXHAUST SYSTEM AND AFTER-TREATMENT DEVICE SUPPLIERS, 2020
FIGURE 48 DETAILS ON KEY DEVELOPMENTS BY LEADING PLAYERS
16.5 COMPETITIVE SCENARIO
16.5.1 NEW PRODUCT LAUNCHES
TABLE 265 PRODUCT LAUNCHES, 2018–2021
16.5.2 DEALS
TABLE 266 DEALS, 2018–2021
16.5.3 OTHER DEVELOPMENTS, 2018–2021
TABLE 267 OTHER DEVELOPMENTS, 2018–2021
16.6 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2018–2021
FIGURE 49 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENTS AND EXPANSIONS AS KEY GROWTH STRATEGIES, 2018–2021
16.7 COMPANY EVALUATION QUADRANT: EXHAUST COMPONENT MANUFACTURERS
16.7.1 STAR
16.7.2 EMERGING LEADERS
16.7.3 PERVASIVE
16.7.4 PARTICIPANTS
FIGURE 50 COMPETITIVE EVALUATION MATRIX, EXHAUST COMPONENT MANUFACTURERS, 2020
17 COMPANY PROFILES (Page No. - 230)
17.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, MNM view)*
17.1.1 TENNECO INC.
TABLE 268 TENNECO INC.: BUSINESS OVERVIEW
FIGURE 51 TENNECO INC.: COMPANY SNAPSHOT
TABLE 269 TENNECO INC.: PRODUCTS OFFERED
TABLE 270 TENNECO INC.: NEW PRODUCT DEVELOPMENTS
TABLE 271 TENNECO INC.: DEALS
17.1.2 FAURECIA
TABLE 272 FAURECIA: BUSINESS OVERVIEW
FIGURE 52 FAURECIA: COMPANY SNAPSHOT
TABLE 273 FAURECIA: PRODUCTS OFFERED
TABLE 274 FAURECIA: DEALS
TABLE 275 FAURECIA: OTHER DEVELOPMENTS
17.1.3 EBERSPÄCHER
TABLE 276 EBERSPÄCHER: BUSINESS OVERVIEW
FIGURE 53 EBERSPÄCHER: COMPANY SNAPSHOT
TABLE 277 EBERSPÄCHER: PRODUCTS OFFERED
TABLE 278 EBERSPÄCHER: NEW PRODUCT DEVELOPMENTS
TABLE 279 EBERSPÄCHER: DEALS
TABLE 280 EBERSPÄCHER: OTHER DEVELOPMENT
17.1.4 CONTINENTAL AG
TABLE 281 CONTINENTAL AG: BUSINESS OVERVIEW
FIGURE 54 CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 282 CONTINENTAL AG: PRODUCTS OFFERED
TABLE 283 CONTINENTAL AG: NEW PRODUCT DEVELOPMENTS
TABLE 284 CONTINENTAL AG: OTHER DEVELOPMENTS
17.1.5 FUTABA INDUSTRIAL CO., LTD.
TABLE 285 FUTABA INDUSTRIAL CO., LTD.: BUSINESS OVERVIEW
FIGURE 55 FUTABA INDUSTRIAL CO., LTD.: COMPANY SNAPSHOT
TABLE 286 FUTABA INDUSTRIAL CO., LTD.: PRODUCTS OFFERED
TABLE 287 FUTABA INDUSTRIAL CO., LTD.: NEW PRODUCT DEVELOPMENTS
TABLE 288 FUTABA INDUSTRIAL CO., LTD.: OTHER DEVELOPMENTS
17.1.6 SANGO CO., LTD.
TABLE 289 SANGO CO., LTD.: BUSINESS OVERVIEW
FIGURE 56 SANGO CO., LTD.: COMPANY SNAPSHOT
TABLE 290 SANGO CO., LTD.: PRODUCTS OFFERED
TABLE 291 SANGO CO., LTD.: DEALS
17.1.7 FRIEDRICH BOYSEN GMBH & CO. KG
TABLE 292 FRIEDRICH BOYSEN GMBH & CO. KG: BUSINESS OVERVIEW
FIGURE 57 FRIEDRICH BOYSEN GMBH & CO. KG: COMPANY SNAPSHOT
TABLE 293 FRIEDRICH BOYSEN GMBH & CO. KG: PRODUCTS OFFERED
17.1.8 YUTAKA GIKEN COMPANY LIMITED
TABLE 294 YUTAKA GIKEN COMPANY LIMITED: BUSINESS OVERVIEW
FIGURE 58 YUTAKA GIKEN COMPANY LIMITED: COMPANY SNAPSHOT
TABLE 295 YUTAKA GIKEN COMPANY LIMITED: PRODUCTS OFFERED
TABLE 296 YUTAKA GIKEN COMPANY LIMITED: DEALS
TABLE 297 YUTAKA GIKEN COMPANY LIMITED.: OTHER DEVELOPMENTS
17.1.9 SEJONG INDUSTRIAL CO., LTD.
TABLE 298 SEJONG INDUSTRIAL CO., LTD.: BUSINESS OVERVIEW
FIGURE 59 SEJONG INDUSTRIAL CO., LTD.: COMPANY SNAPSHOT
TABLE 299 SEJONG INDUSTRIAL CO., LTD.: PRODUCTS OFFERED
TABLE 300 SEJONG INDUSTRIAL CO., LTD.: OTHER DEVELOPMENTS
17.1.10 BOSAL
TABLE 301 BOSAL: BUSINESS OVERVIEW
TABLE 302 BOSAL: PRODUCTS OFFERED
TABLE 303 BOSAL: OTHER DEVELOPMENTS
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
17.2 OTHER PLAYERS
17.2.1 MARELLI HOLDINGS CO., LTD.
TABLE 304 MARELLI HOLDINGS CO., LTD.: COMPANY OVERVIEW
17.2.2 HIROTEC CORPORATION
TABLE 305 HIROTEC CORPORATION: COMPANY OVERVIEW
17.2.3 BENTELER INTERNATIONAL
TABLE 306 BENTELER INTERNATIONAL: COMPANY OVERVIEW
17.2.4 KATCON GLOBAL
TABLE 307 KATCON GLOBAL: COMPANY OVERVIEW
17.2.5 VIBRACOUSTIC SE
TABLE 308 VIBRACOUSTIC SE: COMPANY OVERVIEW
17.2.6 ASMET
TABLE 309 ASMET: COMPANY OVERVIEW
17.2.7 DINEX A/S
TABLE 310 DINEX A/S: COMPANY OVERVIEW
17.2.8 MAGNAFLOW
TABLE 311 MAGNAFLOW: COMPANY OVERVIEW
17.2.9 GRAND ROCK CO., INC.
TABLE 312 GRAND ROCK CO., INC.: COMPANY OVERVIEW
17.2.10 EMINOX
TABLE 313 EMINOX: COMPANY OVERVIEW
17.2.11 EUROPEAN EXHAUST AND CATALYST LTD
TABLE 314 EUROPEAN EXHAUST AND CATALYST LTD: COMPANY OVERVIEW
17.2.12 CREFACT CORPORATION
TABLE 315 CREFACT CORPORATION: COMPANY OVERVIEW
17.2.13 SHARDA MOTOR INDUSTRIES LTD.
TABLE 316 SHARDA MOTOR INDUSTRIES LTD.: COMPANY OVERVIEW
17.2.14 EISENMANN EXHAUST SYSTEMS
TABLE 317 EISENMANN EXHAUST SYSTEMS: COMPANY OVERVIEW
17.2.15 DENSO
TABLE 318 DENSO: COMPANY OVERVIEW
17.2.16 HARBIN AIRUI EMISSIONS CONTROL TECHNOLOGY CO., LTD.
TABLE 319 HARBIN AIRUI EMISSIONS CONTROL TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
17.2.17 CHONGQING HEIGHT AUTOMOBILE EXHAUST SYSTEM CO LTD
TABLE 320 CHONGQING HEIGHT AUTOMOBILE EXHAUST SYSTEM CO LTD: COMPANY OVERVIEW
18 APPENDIX (Page No. - 282)
18.1 INSIGHTS OF INDUSTRY EXPERTS
18.2 DISCUSSION GUIDE
18.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
18.4 AVAILABLE CUSTOMIZATIONS
18.4.1 EXHAUST SYSTEM COMPONENTS OE MARKET, BY VEHICLE TYPE
18.4.1.1 Passenger Cars
18.4.1.2 LCV
18.4.1.3 Trucks
18.4.1.4 Buses
18.4.2 EXHAUST SYSTEM OE MARKET, BY FUEL TYPE
18.4.2.1 Gasoline
18.4.2.2 Diesel
18.4.3 EXHAUST SYSTEM OE MARKET, IN HYBRID VEHICLE, BY AFTER-TREATMENT DEVICE
18.4.3.1 LNT
18.4.3.2 GPF
18.4.4 AFTER-TREATMENT DEVICES OE MARKET, IN OFF-HIGHWAY VEHICLES, BY REGION
18.4.4.1 Asia Pacific
18.4.4.2 Europe
18.4.4.3 North America
18.4.4.4 RoW
18.4.5 TWO & THREE-WHEELER VEHICLE EXHAUST SYSTEM OE MARKET, BY REGION
18.4.5.1 Asia Pacific
18.4.5.2 Europe
18.4.5.3 North America
18.4.5.4 RoW
18.4.6 DETAILED ANALYSIS AND PROFILING OF ADDITIONAL MARKET PLAYERS (UPTO 3)
18.5 RELATED REPORTS
18.6 AUTHOR DETAILS
The study involves four main activities to estimate the current size of the exhaust system market. Exhaustive secondary research was done to collect information on the market, such as exhaust system after-treatment device and vehicle types. The next step was to validate these findings, assumptions, and market analysis with industry experts across value chains through primary research. Bottom-up and top-down approaches were employed to estimate the complete market size for different segments considered under this study. Thereafter, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.
Secondary Research
Secondary sources referred to in this research study include the International Council on Clean Transportation (ICCT), Organisation Internationale des Constructeurs d'Automobiles (OICA); corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and automotive associations. The secondary data was collected and analyzed to arrive at the overall market size, which is further validated by primary research.
Primary Research
Extensive primary research was conducted after acquiring an understanding of the exhaust system market scenario through secondary research. Several primary interviews were conducted with market experts from both the exhaust system providers, after-treatment device providers, OEMs (vehicle manufacturers) across three major regions, namely, North America, Europe, and Asia Pacific. Approximately 80% and 20% of the primary interviews were conducted from the exhaust system providers, after-treatment device providers and OEMs participants, respectively. Primary data was collected through questionnaires, emails, and telephonic interviews. Various departments within organizations, including sales, operations, and administration were strived, to provide a holistic viewpoint in reports while canvassing primaries.
After interacting with industry participants, some brief sessions were conducted with experienced independent consultants to reinforce the findings from the primaries. This, along with the opinions of in-house subject matter experts, has led to the findings delineated in the rest of this report.
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Market Size Estimation
A detailed market estimation approach was followed to estimate and validate the value and volume of the exhaust system market and other dependent submarkets, as mentioned below:
- The bottom-up approach was used to estimate and validate the size of the exhaust market. The exhaust system market size by after-treatment devices, in terms of volume, is derived by multiplying the country-level fuel breakup of each vehicle type with country-level production of each vehicle type (passenger cars, LCVs, trucks, and buses) and country-level after-treatment device penetration rate for each device (which is estimated using secondary research and then validated by primary interviews) for each vehicle type.
- The country-level after-treatment devices market size, by volume, was multiplied with the country-level average OE price (AOP) of each after-treatment device for each vehicle type to get the country-level after-treatment device market, by value.
- The summation of the country-level market would give the regional level, and then further addition provides the global exhaust system market, by after-treatment devices (DOC, DPF, LNT, SCR, and GPF). The total value of each country is then summed up to derive the total value of the exhaust systems market, by after-treatment devices.
- Similar methodology was followed for the exhaust systems market, by component (catalytic converter, engine downpipe, exhaust manifold, mufflers, sensors, and tailpipe), and off-highway vehicle (construction equipment and agriculture tractors).
- The aftermarket size of exhaust systems, by after-treatment devices—DOC, DPF, and SCR, by volume, was derived by multiplying the regional-level parc of each vehicle type with regional-level average miles driven for each vehicle type.
- The derived total miles driven at the regional level of each vehicle type is then multiplied with the regional wise fuel share of each vehicle type and regional-level after-treatment devices penetration of each vehicle type. The estimated regional number of after-treatment devices is further divided by the regional-level average life of each after-treatment device for each vehicle type to analyze the exhaust system aftermarket by after-treatment devices in terms of volume.
- The regional aftermarket size, by volume, is multiplied with a regional-level average selling price of each after-treatment device for each vehicle type, which gives exhaust system aftermarket, by after-treatment devices in terms of value.
- 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 get the validated and verified quantitative and qualitative data.
- The gathered market data was consolidated and added with detailed inputs, analyzed, and presented in this report.
- The top-down approach was used to estimate and validate the market by component in terms of volume and value. The exhaust system market volume (thousand units) and value (USD million/billion) by region (Asia Pacific, North America, Europe, and RoW) was derived from the global exhaust market. The penetration of each component (sensors, catalytic converter, downpipe, manifold, muffler, tailpipe, and hangers) per fuel type, engine type, and vehicle type at the regional level was derived from secondary sources and validated through primaries. The penetration of each component (sensors, catalytic converter, downpipe, manifold, muffler, tailpipe, and hangers) was multiplied by the regional exhaust market to get the exhaust system market volume (thousand units) and value (USD million), by component, for each region. A summation of all region-wise markets was done to derive the total exhaust system market volume (thousand units) and value (USD million) by component.
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Report Objectives
- To define, describe, and forecast the size of the exhaust system market in terms of volume and value
- OE Market, by after-treatment device (DOC, DPF, SCR, LNT, and GPF)
- OE Market, by component (manifold, downpipe, catalytic converter, muffler, tailpipe, sensors, and hangers)
- OE Market, by vehicle type (passenger cars, LCVs, buses, and trucks)
- OE Market, by off-highway vehicle (agricultural tractor, mining equipment, and construction equipment)
- By Application (on-highway vehicles and off-highway vehicles)
- Aftermarket, By vehicle type (LDV and HDV)
- By Sensor Type (temperature sensors, oxygen sensors, NOx sensors, and PM sensors)
- By Sales Channel (OEM and aftermarket)
- By Region (Asia Pacific, North America, Europe, and the Rest of the World)
- To understand the market dynamics (drivers, restraints, opportunities, and challenges) of the market
- To analyze the market share of leading players in the exhaust system market and evaluate competitive leadership mapping
- To strategically analyze the market with Porter’s five forces analysis, trade analysis, case studies, patent analysis, technology analysis, regulatory analysis, and the COVID-19 impact
- To analyze recent developments, including new product launches, expansions, and other activities, undertaken by key industry participants in the market
Available Customizations
- Detailed Analysis And Profiling Of Additional Market Players (Upto 3)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Exhaust System Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Exhaust System Market
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)
Which factors are majorly influencing the global growth of the Exhaust System Market?
I need detailed information on the exhaust system in India market. who supplies what – region wise and component-wise? who manufactures what?
I want to make retro fit for diesel engine vehicles, with low cost, low maintenance and least back pressure on the engine.
I am planning to develop and market a low cost and low maintenance retro fit device for diesel vehicle tail pipe exhaust