PUNE, India -- The global automotive exhaust systems market is growing at a healthy rate. This growth is mainly driven by changing emission norms in different regions across the globe. Latest emission regulations have reduced the volume of allowed emissions from the exhaust systems of the automobiles, and hence exhaust systems market manufacturers have been investing heavily in the R&D for technologically advanced exhausts that comply with new guidelines. The Asia-Oceania region has emerged as the leader in global vehicle production, and also a leader in manufacturing automotive exhaust systems. China had been the world's largest automobile market from the past couple of years. This can be attributed mainly to major OEMs setting up manufacturing plants in this region, not only because it offers favorable work conditions and cheap work force, but also as it provides a positive future for the automobile market. Growing economies of countries such as India, China, Indonesia, and Thailand are reasons that this region is able to maintain its leadership position in the market across globe.
The after-treatment devices used for the treatment of diesel exhaust gases offer major growth opportunities for all the exhaust systems market manufacturing companies. The latest emission norms have lowered the allowed emissions limit from a vehicle, which has in turn, boosted these after-treatment devices, as they help OEMs comply with these emission norms. Nowadays, after-treatment devices are not only limited to diesel engines, but some of the modern gasoline propelled vehicles also incorporate these devices. The report covers the automotive exhaust systems market globally from 2015 to 2020 in terms of volume and value, segmented by region (Asia-Oceania, North America, Europe, and ROW), by vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles), by fuel type (gasoline and diesel), by component (exhaust manifold, engine downpipe, catalytic converter, muffler, resonator, and tail pipe), and after-treatment devices used (DPF, DOC, LNT, TWC, SCR, and GPF).
Companies profiled in this exhaust systems market 2015 research include Faurecia SA, Tenneco Inc., Eberspächer GmbH & Co. Kg., Futaba Industrial Co. Ltd., Sango Co. Ltd., Benteler International AG., Friedrich Boysen GmbH & Co. Kg., Yutaka Giken Co. Ltd., Sejong Industrial Co., Ltd. and Bosal International NV. Order a copy of Exhaust Systems Market by After-Treatment Device (DPF, DOC, LNT, & SCR), Components (Exhaust Manifold, Downpipe, Catalytic Converter, Muffler & Tailpipe), Fuel Type (Gasoline & Diesel), and by Region.
Complete report on exhaust systems market spread across 194 pages, profiling 10 companies and supported with 94 tables and 83 figures is now available at http://www.reportsnreports.com/reports/290083-automotive-exhaust-systems-market-by-geography-asia-pacific-north-america-europe-row-by-vehicle-type-passenger-cars-lcvs-hcvs-by-fuel-type-gasoline-diesel-by-after-treatment-device-dpf-doc-scr-twc-nox-adsorber-trends-forecasts-to-2019.html
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