Report Id: SNS/AUTO/2117 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Automotive Exhaust Emission Control Device Market Size was valued at USD 41.73 billion in 2022 and is expected to reach USD 69.07 billion by 2030 and grow at a CAGR of 6.5% over the forecast period 2023-2030.
The exhaust emission control device is used in vehicles to limit the discharge of harmful gases such as carbon monoxide (CO), nitrogen oxides (NO), and hydrocarbons (HC) from the engine, crankcase, carburetor, and other parts of the vehicle. These harmful gases include carbon monoxide (CO), nitrogen oxides (NO), and hydrocarbons (HC). Ceramic pellets that have been coated with a very thin layer of metal, typically palladium or platinum, are contained within the catalytic converter, which is a mechanism that controls exhaust emissions. These metals play the role of a catalyst, converting harmful gases into less harmful pollutants and so helping to lessen the impact that these gases have on the environment. These components, which are incorporated into combustion chambers, intake manifolds, and ignition systems, are responsible for regulating exhaust emissions and improving the vehicle's overall fuel economy.
Higher spending will boost the automotive exhaust emission control systems market.
Escalating stringency of emission regulations.
Both the public and commercial sectors have an increasing concern for environmental safety.
The increasing popularity of electric vehicles is putting a brake on the market's expansion.
Automotive exhaust system market expansion is hampered by the high cost of automotive catalysts.
As countries' disposable incomes continue to rise, this market has the potential to expand and grow.
People's needs are taken into account when new products are introduced.
The market is projected to benefit from improved vehicle life spans, which might lead to growth prospects.
The delivery of raw materials to automobile manufacturers has been hampered by a number of obstacles.
The ban on ICE announced by numerous industrialized and developing regions is stifling market expansion.
IMPACT OF COVID-19:
There has been widespread disruption caused by the unprecedented worldwide public health emergency known as COVID-19. Almost every industry has been impacted, and it is anticipated that the long-term impacts will have an impact on the growth of the industry throughout the course of the forecast period. Our continuous research is expanding the scope of our research methodology in order to ensure that fundamental COVID-19 issues and potential next steps are accounted for. The paper provides insights on COVID-19 by taking into consideration changes in consumer behavior and demand, changes in purchasing patterns, re-routing of the supply chain, the dynamics of contemporary market forces, and the important actions of governments. The most recent study includes observations, analyses, estimates, and projections that take into account the influence that COVID-19 will have on the market.
KEY MARKET PLAYERS:
Robert Bosch (Germany), Faurecia (France), Denso Corporation (Japan), Johnson Matthey (UK), Continental Emitech Gmbh (Germany), Tenneco Inc. (USA), Bosal (Belgium), CDTi Advanced (California), Eberspächer (Germany), and Albonair GmbH (Germany) are some of the affluent competitors with significant market share in the Automotive Exhaust Emission Control Device Market.
Market, By Device Type:
The global market has been divided into Three-Way Catalytic Converter (TWC), Diesel Particulate Filter (DPF), Selective Catalytic Reduction (SCR), Diesel Oxidation Catalyst (DOC), Lean NOx Trap (LNT), Gasoline Particulate Filter (GPF) based on the device type segment. GDI engines emit more particulate matter; the GPF on these vehicles reduces emissions and meets Euro 6 criteria. Gasoline passenger vehicle sales will raise GPF demand. In the near future, gasoline vehicles will use a TWC and GPF to meet pollution limits.
Market, By Engine Type:
The global market has been divided into gasoline, diesel, and hybrid Based on the engine type segment. As much as 85 percent of particulate matter can be reduced by the use of a diesel particulate filter (DPF). In North America and Europe, diesel particulate filters are required, and they are used in conjunction with diesel oxidation catalysts (DOC).
Market, By Vehicle Type:
The global market has been divided into passenger vehicles and commercial vehicles based on the vehicle type segment. Diesel fuel and large engines in commercial vehicles have necessitated the use of many pollution control technologies. Increasing commercial vehicle demand as a result of industrialization and increased transportation activity is expected to drive demand for exhaust emission control equipment.
By Device Type:
Three-Way Catalytic Converter (TWC)
Diesel Particulate Filter (DPF)
Selective Catalytic Reduction (SCR)
Diesel Oxidation Catalyst (DOC)
Lean NOx Trap (LNT)
Gasoline Particulate Filter (GPF)
By Engine Type:
By Vehicle Type:
The market for automobile exhaust emission control devices is divided into four primary regions: North America, Europe, Asia-Pacific, and the Rest of the World. As a result of increasing urbanization and rising spending power among consumers, it is anticipated that Asia-Pacific will maintain its position as the region with the greatest revenue market share throughout the duration of the projection period. During the period covered by the forecast, it is anticipated that the Asia Pacific region will dominate the market for exhaust emission control devices, followed by Europe. Additionally, it is projected that Latin America will experience substantial development as a result of the move into Euro 6 norms. In addition, there is anticipated to be a rise in the production and sales of automobiles, which is anticipated to further enhance the demand for exhaust emission control devices in this region.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 41.73 Billion|
|Market Size by 2030||US$ 69.07 Billion|
|CAGR||CAGR of 6.5% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Device Type (Three-Way Catalytic Converter (TWC), Diesel Particulate Filter (DPF), Selective Catalytic Reduction (SCR), Diesel Oxidation Catalyst (DOC), Lean NOx Trap (LNT), Gasoline Particulate Filter (GPF))
• by Engine Type (Gasoline, Diesel, Hybrid)
• by Vehicle Type (Passenger Vehicles, Commercial vehicles)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Robert Bosch (Germany), Faurecia (France), Denso Corporation (Japan), Johnson Matthey (UK), Continental Emitech Gmbh (Germany), Tenneco Inc. (USA), Bosal (Belgium), CDTi Advanced (California), Eberspächer (Germany), and Albonair GmbH (Germany)|
|Key Drivers||•Higher spending will boost the automotive exhaust emission control systems market.
•Escalating stringency of emission regulations.
|RESTRAINTS||•The increasing popularity of electric vehicles is putting a brake on the market's expansion.
•Automotive exhaust system market expansion is hampered by the high cost of automotive catalysts.
Frequently Asked Questions (FAQ) :
Ans:- The market size is expected to reach USD 39.19 billion by 2021.
Ans:- Device type, Engine type, and Vehicle type are the different segments of the market.
Ans:- New products are introduced and improved vehicle life spans are the most promising aspects/opportunities of the exhaust emission control device market.
Ans:- Raw material vendors, Distributors/traders/wholesalers/suppliers, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations consulting firms, Trade/Industrial associations, and End-use industries are the stakeholder in this report.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
184.108.40.206 United Kingdom
220.127.116.11 South Korea
18.104.22.168 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automotive Exhaust Emission Control Device Market Segmentation, By Device Type
8.1 Three-Way Catalytic Converter (TWC)
8.2 Diesel Particulate Filter (DPF)
8.3 Selective Catalytic Reduction (SCR)
8.4 Diesel Oxidation Catalyst (DOC)
8.5 Lean NOx Trap (LNT)
8.6 Gasoline Particulate Filter (GPF)
9. Global Automotive Exhaust Emission Control Device Market Segmentation, By Engine Type
10. Global Automotive Exhaust Emission Control Device Market Segmentation, By Vehicle Type
10.1 Passenger vehicles
10.2 Commercial vehicles
11. Regional Analysis
11.2 North America
11.2.1 the USA
11.3.2 the UK
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Faurecia (France),
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Robert Bosch (Germany)
12.3 Denso Corporation (Japan)
12.4 Johnson Matthey (UK)
12.5 Continental Emitech Gmbh (Germany)
12.6 Tenneco Inc. (USA)
12.7 Bosal (Belgium)
12.8 CDTi Advanced (California)
12.9 Eberspächer (Germany)
12.10 Albonair GmbH (Germany)
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
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