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The automotive exhaust aftertreatment systems market is estimated to be 141,366.05 Thousand units in 2015, and is projected to reach 206,430 Thousand units by 2020, growing at a CAGR of 7.87% from 2015 to 2020. The automotive exhaust aftertreatment systems market has witnessed considerable growth in countries such as the U.S., China, India, and Mexico, owing to the increasing vehicle production and stringent emission norms.
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Vehicle Emission Standards & Impact Analysis by Emission Regulations (Vehicle Type (Light Duty, Heavy Duty), Fuel Type (Gasoline, Diesel), Region (Europe, Asia-Oceania, North America, Row), and Automotive Regulatory Bodies) - Global Analysis and Forecast to 2020 www.MarketsandMarkets.com
The automotive exhaust aftertreatment systems market is estimated to be 141,366.05 Thousand units in 2015, and is projected to reach 206,430 Thousand units by 2020, growing at a CAGR of 7.87% during the forecast period. The automotive exhaust aftertreatment systems market has witnessed considerable growth in countries such as the U.S., China, India, and Mexico, owing to progressively stringent safety norms and increasing vehicle production. Stakeholders that would be affected by stringent emission regulations include vehicle manufacturers, component manufacturers, consumers, downstream stakeholders, and government regulatory bodies. The parameters that determine the exhaust emissions from vehicles are vehicular technology, quality of fuel, inspection and maintenance of the vehicle, and traffic management. Upcoming stringent automotive regulations are expected to create a strong link between the automotive industry and its stakeholders. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=116642910
Vehicle emission regulations are a set of guidelines/protocols for automotive component/vehicle design, manufacturing equipment, and exhaust aftertreatment system manufacture. The primary objective of these regulations is to minimize vehicle exhaust emissions. The automotive exhaust aftertreatment systems market, by volume, is projected to grow at a CAGR of 7.87% from 2015 to 2020. This growth can be attributed to the impact of current and pending emission regulations across the globe. Exhaust aftertreatment systems play a key role in regulating exhaust emissions. Aftertreatment systems are mainly incorporated in vehicles with diesel engines. Diesel-propelled vehicles generate more harmful exhaust gases than those using gasoline, as gasoline has less impurities than diesel. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=116642910
The different diesel aftertreatment systems that have been considered in the study are the diesel particulate filter (DPF), which traps particulate matter present in the exhaust gas and collects the resultant soot; diesel oxidation catalyst (DOC), which breaks down carbon monoxide and hydrocarbons into carbon dioxide and water; lean NOx trap (LNT), which reduces the NO and NOx emissions generated during the lean burning of fuel; selective catalytic reduction (SCR), which breaks down harmful exhaust gases with the help of ceramic brick and precious metals such as platinum, palladium, and rhodium, which act as catalysts; variable valve timing (VVT), which alters the valve timing and lift event of valves; dual clutch transmission (DCT), which houses two separate clutches—one for odd and one for even gear sets—and eliminates the need for the torque converter; and variable geometry turbocharger (VGT), which helps reduce emissions and increases efficiency by allowing the effective aspect ratio (A:R) of the turbo to be altered as conditions change. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=116642910
Asia-Oceania: Largest market for vehicle security systems Asia-Oceania has emerged as a global leader in terms of vehicle production, and also manufactures the highest number of automotive aftertreatment exhaust systems. China has been the largest automobile market in the world for the past decade. This can be primarily attributed to major OEMs setting up manufacturing plants in the country, as it offers favourable work conditions and an economical workforce, and represents promising opportunities for the automotive exhaust aftertreatment systems market. India plans to skip the BS V emission norms, and to directly implement BS VI emission norms in 2020. This will result in the increased adoption of aftertreatment exhaust systems in the country. Aftertreatment devices used for the treatment of diesel exhaust gases offer major growth opportunities for exhaust aftertreatment system manufacturing companies. Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=116642910
Market Ecosystem: The ecosystem of the automotive exhaust aftertreatment systems industry consists of research institutes such as the Automotive Research Association of India (ARAI), European Automotive Research Partners Association (EARPA), and the United States Council for Automotive Research (USCAR), and regional automobile associations such as China Association of Automobile Manufacturers (CAAM), Japan Automobile Manufacturers Association (JAMA), and the European Automobile Manufacturers Association (ACEA). Buy Now: https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=116642910
Browse >> 53market data tables 24figures 78pagesand in-depth TOC "Vehicle Emission Standards & Impact Analysis by Emission Regulations (Vehicle Type (Light Duty, Heavy Duty), Fuel Type (Gasoline, Diesel), Region (Europe, Asia-Oceania, North America, Row), and Automotive Regulatory Bodies) - Global Analysis and Forecast to 2020“ Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
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