The Automotive Exhaust System Market size to grow by USD 23.51 Billion from 2022 to 2027; The increasing use of lightweight and advanced alloys will drive growth - Technavio

NEW YORK, Aug. 17, 2023 -- The automotive exhaust system market is estimated to grow at a CAGR of 7.42% from 2022 to 2027. The market size is forecast to increase by USD 23.51 billion, according to Technavio.- Download a Sample Report!

Automotive Exhaust System Market Insights -

• Companies: 15+, Including Akrapovic d.d., Benteler International AG, Berkshire Hathaway Inc., Bosal Nederland BV, Eberspacher Gruppe GmbH and Co.KG, Eisenmann Exhaust Systems GmbH, Faurecia, Friedrich Boysen GmbH and Co. KG, Futaba Industrial Co. Ltd., Hexadex Ltd., Hirotec Corp., Honda Motor Co. Ltd., Klarius Products Ltd., Marelli Holdings Co. Ltd., Munjal Auto Industries Ltd., REMUS Innovation GmbH, Sango Co. Ltd., Sejong Industrial Co. Ltd., Thunder Exhaust System Co. Ltd, and Tenneco Inc., among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and company landscape; company product insights and recent developments; key companies; and market positioning of companies
• Segments: by application (passenger vehicles and commercial vehicles), fuel type (gasoline and diesel), and geography (APAC, Europe, North America, South America, and Middle East and Africa).

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Automotive Exhaust System Market - Company Insights

The growing competition in the market is compelling companies to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market companies including - Akrapovic d.d., Benteler International AG, Berkshire Hathaway Inc., Bosal Nederland BV, Eberspacher Gruppe GmbH and Co.KG, Eisenmann Exhaust Systems GmbH, Faurecia, Friedrich Boysen GmbH and Co. KG, Futaba Industrial Co. Ltd., Hexadex Ltd., Hirotec Corp., Honda Motor Co. Ltd., Klarius Products Ltd., Marelli Holdings Co. Ltd., Munjal Auto Industries Ltd., REMUS Innovation GmbH, Sango Co. Ltd., Sejong Industrial Co. Ltd., Thunder Exhaust System Co. Ltd, and Tenneco Inc.

Automotive Exhaust System Market – Market Dynamics

Key Drivers

The increasing use of lightweight and advanced alloys is a key factor driving market growth. In their entry-level automobiles, automakers are adopting tubular steel exhaust manifolds more frequently, which contributes to the exhaust system's overall efficiency improvement. After the engine has used fuel, exhaust gases are collected in automotive exhaust manifolds. Because it affects the exhaust system's dependability and durability, the material utilized to create the exhaust manifold is crucial.  Additionally, a variety of aluminized steel materials are used, which have a high thermal expansion coefficient and outstanding endurance. Furthermore, SUS 304 and SUS 309 stainless steel grades are employed in many automotive exhaust manifold applications. Hence, these factors are expected to drive market growth during the forecast period.

Major Trends

Developments in the field of automotive catalytic converters are the major trend in the market. The functionality, materials, and structural design of automotive catalytic converters are all evolving. The efficiency and efficacy of automobile exhaust systems are being enhanced by these developments in catalytic converter technology. Additionally, because rare metals like palladium, rhodium, and platinum are quite expensive, lowering consumption can help to produce catalytic converters for a lot less money. Major industry players, including Corning Inc., Tenneco Inc., Umicore SA, and Clean Diesel Technologies, use advanced lithography to enhance the structure of monoliths and effectively increase surface area. Thus, these factors are expected to drive market growth during the forecast period.

Significant Challenges

The high cost associated with exhaust systems is one of the significant challenges restricting market growth. The design and materials utilized in exhaust systems are changing. Each vehicle has a different price range for parts of the exhaust system such as catalytic converters and mufflers. Platinum and palladium prices have also increased due to the restricted supply of rare metals and the growing demand for them across a variety of industries, including the market for automotive exhaust systems. In addition, the rising USAge of advanced selective catalytic reduction (SCR) and three-way catalytic converters further adds to the overall expense of modern exhaust systems. Hence, the high cost is expected to restrict market growth during the forecast period.

Drivers, Trends & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The automotive exhaust system market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as prospects.

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What are the key data covered in this Automotive Exhaust System Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the automotive exhaust system market between 2023 and 2027
• Precise estimation of the size of the automotive exhaust system market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the automotive exhaust system market across APAC, Europe, North America, South America, and the Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of automotive exhaust system market companies.

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Table of Contents

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Fuel Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Company Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of companies included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (USD billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (USD billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global automotive exhaust system market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global automotive exhaust system market 2017 - 2021 (USD billion)

• 4.2 Application Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 (USD billion)

• 4.3 Fuel type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Fuel type Segment 2017 - 2021 (USD billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (USD billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (USD billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Passenger vehicles - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Passenger vehicles - Market size and forecast 2022-2027 (USD billion)
• Exhibit 35: Data Table on Passenger vehicles - Market size and forecast 2022-2027 (USD billion)
• Exhibit 36: Chart on Passenger vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Passenger vehicles - Year-over-year growth 2022-2027 (%)

• 6.4 Commercial vehicles - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Commercial vehicles - Market size and forecast 2022-2027 (USD billion)
• Exhibit 39: Data Table on Commercial vehicles - Market size and forecast 2022-2027 (USD billion)
• Exhibit 40: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Application 
• Exhibit 42: Market opportunity by Application (USD billion)
• Exhibit 43: Data Table on Market opportunity by Application (USD billion)

7 Market Segmentation by Fuel Type

• 7.1 Market segments
• Exhibit 44: Chart on Fuel Type - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Fuel Type - Market share 2022-2027 (%)

• 7.2 Comparison by Fuel Type 
• Exhibit 46: Chart on Comparison by Fuel Type
• Exhibit 47: Data Table on Comparison by Fuel Type

• 7.3 Gasoline - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Gasoline - Market size and forecast 2022-2027 (USD billion)
• Exhibit 49: Data Table on Gasoline - Market size and forecast 2022-2027 (USD billion)
• Exhibit 50: Chart on Gasoline - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Gasoline - Year-over-year growth 2022-2027 (%)

• 7.4 Diesel - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Diesel - Market size and forecast 2022-2027 (USD billion)
• Exhibit 53: Data Table on Diesel - Market size and forecast 2022-2027 (USD billion)
• Exhibit 54: Chart on Diesel - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Diesel - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Fuel Type 
• Exhibit 56: Market opportunity by Fuel Type (USD billion)
• Exhibit 57: Data Table on Market opportunity by Fuel Type (USD billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 (USD billion)
• Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 (USD billion)
• Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 (USD billion)
• Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 (USD billion)
• Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027 
• Exhibit 71: Chart on North America - Market size and forecast 2022-2027 (USD billion)
• Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 (USD billion)
• Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 75: Chart on South America - Market size and forecast 2022-2027 (USD billion)
• Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 (USD billion)
• Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 (USD billion)
• Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (USD billion)
• Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 83: Chart on China - Market size and forecast 2022-2027 (USD billion)
• Exhibit 84: Data Table on China - Market size and forecast 2022-2027 (USD billion)
• Exhibit 85: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027 
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 (USD billion)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 (USD billion)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 (USD billion)
• Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 (USD billion)
• Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027 
• Exhibit 95: Chart on Japan - Market size and forecast 2022-2027 (USD billion)
• Exhibit 96: Data Table on Japan - Market size and forecast 2022-2027 (USD billion)
• Exhibit 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 South Korea - Market size and forecast 2022-2027 
• Exhibit 99: Chart on South Korea - Market size and forecast 2022-2027 (USD billion)
• Exhibit 100: Data Table on South Korea - Market size and forecast 2022-2027 (USD billion)
• Exhibit 101: Chart on South Korea - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on South Korea - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography (USD billion)
• Exhibit 104: Data Tables on Market opportunity by geography (USD billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Company Landscape

• 11.1 Overview

• 11.2 Company landscape
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 108: Impact of key risks on business

12 Company Analysis

• 12.1 Companies covered
• Exhibit 109: Companies covered

• 12.2 Market positioning of companies 
• Exhibit 110: Matrix on company position and classification

• 12.3 Akrapovic d.d.
• Exhibit 111: Akrapovic d.d. - Overview
• Exhibit 112: Akrapovic d.d. - Product / Service
• Exhibit 113: Akrapovic d.d. - Key offerings

• 12.4 Benteler International AG 
• Exhibit 114: Benteler International AG - Overview
• Exhibit 115: Benteler International AG - Business segments
• Exhibit 116: Benteler International AG - Key offerings
• Exhibit 117: Benteler International AG - Segment focus

• 12.5 Berkshire Hathaway Inc. 
• Exhibit 118: Berkshire Hathaway Inc. - Overview
• Exhibit 119: Berkshire Hathaway Inc. - Business segments
• Exhibit 120: Berkshire Hathaway Inc. - Key news
• Exhibit 121: Berkshire Hathaway Inc. - Key offerings
• Exhibit 122: Berkshire Hathaway Inc. - Segment focus

• 12.6 Bosal Nederland BV
• Exhibit 123: Bosal Nederland BV - Overview
• Exhibit 124: Bosal Nederland BV - Product / Service
• Exhibit 125: Bosal Nederland BV - Key news
• Exhibit 126: Bosal Nederland BV - Key offerings

• 12.7 Eberspacher Gruppe GmbH and Co.KG 
• Exhibit 127: Eberspacher Gruppe GmbH and Co.KG - Overview
• Exhibit 128: Eberspacher Gruppe GmbH and Co.KG - Business segments
• Exhibit 129: Eberspacher Gruppe GmbH and Co.KG - Key offerings
• Exhibit 130: Eberspacher Gruppe GmbH and Co.KG - Segment focus

• 12.8 Faurecia
• Exhibit 131: Faurecia - Overview
• Exhibit 132: Faurecia - Business segments
• Exhibit 133: Faurecia - Key offerings
• Exhibit 134: Faurecia - Segment focus

• 12.9 Friedrich Boysen GmbH and Co. KG 
• Exhibit 135: Friedrich Boysen GmbH and Co. KG - Overview
• Exhibit 136: Friedrich Boysen GmbH and Co. KG - Product / Service
• Exhibit 137: Friedrich Boysen GmbH and Co. KG - Key offerings

• 12.10 Futaba Industrial Co. Ltd. 
• Exhibit 138: Futaba Industrial Co. Ltd. - Overview
• Exhibit 139: Futaba Industrial Co. Ltd. - Product / Service
• Exhibit 140: Futaba Industrial Co. Ltd. - Key offerings

• 12.11 Hexadex Ltd.
• Exhibit 141: Hexadex Ltd. - Overview
• Exhibit 142: Hexadex Ltd. - Product / Service
• Exhibit 143: Hexadex Ltd. - Key offerings

• 12.12 Hirotec Corp.
• Exhibit 144: Hirotec Corp. - Overview
• Exhibit 145: Hirotec Corp. - Product / Service
• Exhibit 146: Hirotec Corp. - Key offerings

• 12.13 Honda Motor Co. Ltd.
• Exhibit 147: Honda Motor Co. Ltd. - Overview
• Exhibit 148: Honda Motor Co. Ltd. - Business segments
• Exhibit 149: Honda Motor Co. Ltd. - Key news
• Exhibit 150: Honda Motor Co. Ltd. - Key offerings
• Exhibit 151: Honda Motor Co. Ltd. - Segment focus

• 12.14 Klarius Products Ltd. 
• Exhibit 152: Klarius Products Ltd. - Overview
• Exhibit 153: Klarius Products Ltd. - Product / Service
• Exhibit 154: Klarius Products Ltd. - Key offerings

• 12.15 Marelli Holdings Co. Ltd. 
• Exhibit 155: Marelli Holdings Co. Ltd. - Overview
• Exhibit 156: Marelli Holdings Co. Ltd. - Product / Service
• Exhibit 157: Marelli Holdings Co. Ltd. - Key news
• Exhibit 158: Marelli Holdings Co. Ltd. - Key offerings

• 12.16 Sejong Industrial Co. Ltd. 
• Exhibit 159: Sejong Industrial Co. Ltd. - Overview
• Exhibit 160: Sejong Industrial Co. Ltd. - Product / Service
• Exhibit 161: Sejong Industrial Co. Ltd. - Key offerings

• 12.17 Tenneco Inc.
• Exhibit 162: Tenneco Inc. - Overview
• Exhibit 163: Tenneco Inc. - Business segments
• Exhibit 164: Tenneco Inc. - Key news
• Exhibit 165: Tenneco Inc. - Key offerings
• Exhibit 166: Tenneco Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 167: Inclusions checklist
• Exhibit 168: Exclusions checklist

• 13.3 Currency conversion rates for USUSD 
• Exhibit 169: Currency conversion rates for USUSD

• 13.4 Research methodology
• Exhibit 170: Research methodology
• Exhibit 171: Validation techniques employed for market sizing
• Exhibit 172: Information sources

• 13.5 List of abbreviations
• Exhibit 173: List of abbreviations

About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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