Exhaust System Market by After-Treatment Device, Vehicle Type, Component and Region - 2025

1. Exhaust System Market by After-Treatment Device, Vehicle Type, Component and Region - 2025 The Exhaust System Market is estimated to be USD 84.8 billion in 2018 and is projected to reach USD 128.2 billion by 2025, at a CAGR of 6.08%. Increasing stringency in emission norms, technological partnerships between OEMs and Tier I players, and increasing vehicle production will drive the exhaust system market. Don’t miss out on business opportunities in Exhaust System Market. Download Detail PDF Brochure and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/pdfdownload.asp?id=87800437 Exhaust system manufacturers need to focus on high performance after-treatment device. For instance, Continental announced the development of a product to support exhaust after-treatment in trucks more efficiently. The primary aim is to ensure more efficient conversion of the nitrogen oxides (NOx) into harmless emissions for heavy-duty long-haul trucks, urban light trucks, or municipal vehicles. Also, a wide array of ongoing and upcoming regulations would significantly drive the exhaust system and after- treatment device market. In Europe, as of 2015, Euro VI emissions standards are followed. As per these standards, heavy-duty vehicles are required to reduce NOx exhaust emissions by 80% and particulate matter (PM) exhaust emissions by 50%. Similar upgrading is followed in the North American and Asia Oceania regions. This would create an opportunity for the exhaust system and after-treatment device suppliers for heavy commercial vehicles. Browse and in-depth TOC on "Exhaust System Market “ 109 - Tables 60 - Figures 190 - Pages View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/automotive-exhaust-system-market- 87800437.html Selective catalyst reduction (SCR) is the fastest growing exhaust market by after-treatment device. SCR is one of the latest emission control devices that breaks down the hydrocarbons and NOx into water and nitrogen. The SCR technology reduces NOx emissions by nearly 90%. Therefore, its usage in most of the diesel vehicles across the globe is mandated under the new emission norms. SCRs trap NOx more efficiently compared to LNTs in vehicles with large engine capacities. Hence, passenger cars and LCVs with engine capacity of above 2.0 liters are generally equipped with SCRs. Exhaust system manufacturers can focus on more refined SCR technologies that can have a huge demand from the developing countries of Asia Oceania along with North America and Europe owing to their stringent emission norms. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=87800437

2. The agricultural tractor is projected to be the fastest growing exhaust system market by off-highway vehicle. The factors that drive the agricultural tractor market are increasing mechanization in the agriculture industry worldwide, lack of skilled farm labor, increasing labor cost, and the growing need for operational efficiency and profitability. DOC and DPF are the most popular after-treatment devices in the agricultural tractor segment. Currently, European and North American countries are leading the adoption rate of DOC and DPF in agricultural tractors. Alternatively, the adoption rate of SCR is dependent on the engine power. <200 kW agricultural tractors are mostly equipped with DOC and DPF, whereas >200 kW tractors are equipped with DOC, DPF, and SCR. Thus, the companies manufacturing exhaust system components and after-treatment devices for on-highway vehicles can start producing exhaust system for off-highway vehicles which creates a new revenue stream for the off-highway vehicle segment in upcoming years. Browse Adjacent Markets @ Automotive and Transportation Market Research Reports & Consulting About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the cu0072ve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430

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