The report "Vehicle Emission Standards & Impact Analysis by Emission Regulations (Vehicle Type (Light Duty, Heavy Duty), Fuel Type (Gasoline, Diesel), Region (Europe, Asia-Oceania, North America, Row), and Automotive Regulatory Bodies) - Global Analysis and Forecast to 2020", defines automotive emission regulations, with an impact analysis for automotive stakeholders and the global market size of emission reduction technologies, by volume.
Browse 53 market tables and 24 figures spread through 78 pages and in-depth TOC on "Vehicle Emission Standards & Impact Analysis by Emission Regulations (Vehicle Type (Light Duty, Heavy Duty), Fuel Type (Gasoline, Diesel), Region (Europe, Asia-Oceania, North America, Row), and Automotive Regulatory Bodies) - Global Analysis and Forecast to 2020"
Early buyers will receive 10% customization on reports.
The automotive exhaust aftertreatment systems market is estimated to be 141,366.05 Thousand units in 2015, and is projected to reach 206,430 Thousand units by 2020, growing at a CAGR of 7.87% from 2015 to 2020. The automotive exhaust aftertreatment systems market has witnessed considerable growth in countries such as the U.S., China, India, and Mexico, owing to the increasing vehicle production and stringent emission norms.
Asia-Oceania: Fastest-growing market for automotive aftertreatment exhaust systems
Asia-Oceania has emerged as a global leader in terms of vehicle production, and also manufactures the highest number of automotive aftertreatment exhaust systems. China has been the largest automobile market in the world for the past decade. This can be primarily attributed to major OEMs setting up manufacturing plants in the country, as it offers favourable work conditions and an economical workforce, and represents promising opportunities for the automotive exhaust aftertreatment systems market. India plans to skip the BS V emission norms, and to directly implement BS VI emission norms in 2020. This will result in the increased adoption of aftertreatment exhaust systems in the country. Aftertreatment devices used for the treatment of diesel exhaust gases offer major growth opportunities for exhaust aftertreatment system manufacturing companies. The latest emission norms have lowered the permitted emission limit for a vehicle. This has boosted the growth of diesel exhaust aftertreatment systems, as they help OEMs comply with these norms. Aftertreatment devices are not limited to diesel engines; some of the modern gasoline-powered vehicles incorporate gasoline particulate filters (GPF). The GPF is a technology that was developed to reduce particulate matter content in exhaust gases, as the direct injection in gasoline engines creates additional particulate matter. The sales statistics for Asia-Oceania indicate promising growth potential, due to the increasing sales of passenger cars, pick-up trucks, and SUVs. Additionally, the region has stringent emission and fuel economy standards.
The report outlines the global emission regulations and their impact on automotive stakeholders. It covers the global automotive aftertreatment exhaust systems market, in terms of volume (‘000 units). It explains the qualitative and quantitative aspects of the automotive exhaust aftertreatment systems market on the basis of emission regulations by region and impact analysis for stakeholders. It also provides an overview of technical factors and other important aspects of the automotive exhaust aftertreatment systems market.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.SEND ME A FREE SAMPLE