NEW YORK, Aug. 17, 2023 /PRNewswire/ — 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 –
Technavio has announced its latest market research report titled Global Automotive Exhaust System Market
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).
To understand more about the automotive exhaust system market, request a sample report
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.
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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Automotive Exhaust System Market Scope |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.42% |
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Market growth 2023-2027 |
USD 23.51 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
6.3 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 62% |
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Key countries |
US, China, Japan, South Korea, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
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. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments. |
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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