Global Exhaust System Market is expected to reach $170.64 billion by 2027 growing a CAGR 8.1% during 2018 to 2027.

Wed Jan 8, 2020 - 10:20am GMT+0000

Some of the key players profiled in the Exhaust System Market include Yutaka Giken, Tenneco, Sharda Motor Industries, Calsonic Kansei, Bosal, Magnaflow, Faurecia, European Exhaust and Catalyst, Eminox, Eberspcher, Sejong Industrial, Sango, Dinex, Continental, and Katcon.

Gaithersburg, Maryland, United States – January 8, 2020 /MarketersMedia/

Strict government rules & regulations for fuel efficiency & emissions, growing environmental problems and the increasing health hazards are the major factors driving the market growth. However, the high cost associated with lightweight exhaust components and increasing sales of battery electric vehicles is restraining market growth.

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An exhaust system is usually piping used to guide reaction exhaust gases away from a controlled combustion inside an engine or stove. The entire system conveys burnt gases from the engine and includes one or more exhaust pipes.

Based on the after-treatment device, the original equipment (OE) segment is likely to have a huge demand due to maximum installation rate in developed countries owing to the ongoing emission norms and it is mostly chosen in diesel vehicles across the globe.

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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to increasing production of the vehicles, presence of the major automotive OEMs in the region.

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Fuel Types Covered:
• Diesel
• Gasoline

Components Covered:
• Original Equipment (OE)
• Aftermarket

After-Treatment Devices Covered:
• Original Equipment (OE)
• Aftermarket

Vehicle Types Covered:
• Aftermarket
• Off-Highway

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-exhaust-system-market-is-expected-to-reach-17064-billion-by-2027-growing-a-cagr-81-during-2018-to-2027/88941922

Source: MarketersMedia

Release ID: 88941922