Exhaust System Market Expected To Achieve A Sustainable Growth Over 2022
This report provides prognosis and analysis of the exhaust system market. It offers historical data along with forecast data for 2022.
[ClickPress, Sat Apr 13 2019] In order to dissert the market scenario prevailing across the exhaust system market sector, FactMR has evenly presented a new examination titled “Exhaust System Market Expected To Achieve A Sustainable Growth Over 2022 | Key Players are Faurecia, Tenneco Inc. Ltd., Sejong Industrial Co. Ltd., Sango Co. Ltd, etc.”, to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the exhaust system market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable.
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Manufacturers of exhaust systems have been making deliberate efforts to amplify their market position. However, in order to tap new customers, manufacturers of exhaust systems have also been looking forward to building strong foundations in the off-road industry. A few prominent companies in the Global exhaust systems market have incorporated superior testing capabilities related to leakage, temperature performance, and other critical parameters. This not only helps the manufacturers of exhaust systems to fortify their business boundaries but also helps them leverage new opportunities.
By far, OEM is predicted to be the most lucrative sales channel in the exhaust systems market. With massive transmutations undergone by the global auto industry, OEMs of exhaust systems will have to keep up with these technological advances. Manufacturers of exhaust systems who manage to adapt to the transformations can seize new opportunities to capitalize on. However, the incompetency to keep up with latest technological advances might render businesses obsolete.
The burgeoning need for efficient after-treatment devices is foreseen to provide a substantial fillip to the demand for exhaust systems. Several OEMs are observed investing proactively in extensive R&D activities for providing better exhaust after treatment devices. The gasoline particulate filter stands out as one such noble after treatment technologies, which offers high-end efficiency in terms of noise reduction and exhaust emission from GDI engines.
This competition landscape of exhaust systems market enunciates the competitive dynamics in terms of crucial parameters such as relative market foothold, product offerings and differential strategies adopted by the key players operating in the exhaust systems market. Some of the key players operating in the exhaust systems market reported in this study include Futaba Industrial Co., Ltd., Faurecia, Tenneco Inc., Ltd., Sejong Industrial Co., Ltd., Sango Co., Ltd, Friedrich Boysen GmbH & Co. KG, Benteler International AG, Eberspacher, and Yutaka Giken Co.
Faurecia, a leading player in the exhaust systems market, had emerged as the leader in emission control systems with acquisition of EMCON Technologies (formerly Arvin Industries) in 2009. This strategic acquisition nourished the company’s position and also gave the company a route into niche commercial-vehicles market.
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BENTELER Group, a key stakeholder of the exhaust systems market, is extensively focusing on internationalization to launch new sales markets, amplification of production volumes, and enhancement of earnings through better differentiation. Eberspaecher, a key player in the exhaust systems market, formed a joint venture with China Yuchai International Limited. The aim of this collaboration was to manufacture and market new exhaust emission control systems for commercial vehicles.
Table of Content:
Chapter 1. Global Exhaust System Market - Executive Summary. 11
Chapter 2. Global Exhaust System Market Overview. 13
2.1. Introduction. 13
2.1.1. Global Exhaust System Market Taxonomy. 13
2.1.2. Global Exhaust System Market Definition. 13
2.2. Global Exhaust System Market Size (US$ Mn) and Forecast, 2012-2022. 14
2.2.1. Global Exhaust System Market Y-o-Y Growth. 14
2.3. Global Exhaust System Market Dynamics. 14
2.3.1. Drivers. 14
188.8.131.52. Shift Toward Green Technology. 14
184.108.40.206. Innovations in Technology. 15
220.127.116.11. The Influence of China. 15
2.3.2. Trends. 15
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