The global automotive exhaust emission control systems market registered the revenue of approximately US$35 Bn in 2021. Toward the end of 2030, the market is all set for a promising pace as vehicle emissions become a critically regulated area.
Market Analysis in Brief
The global carbon footprint has been steadily mounting. The CO2 concentration rose from 391 ppm to nearly 480 ppm during the last decade, and the transportation sector contributed nearly 14% to the total carbon emissions. Although the future of e-mobility has just begun to shape up, internal combustion engine (ICE) vehicles will be there for the next 2-3 decades before they would be completely replaced with electric vehicles (EVs). This clearly points to the fact that the transportation sector will continue to account for massive CO2 emissions in the near future. The same vehicular emissions are compelling automakers to develop indigenous exhaust emission controlling products, creating a breeding ground for automotive exhaust emission control systems market.
Key Report Findings
Growth Drivers
Growing Stringency of Vehicle Emission Norms
With governments and regulatory bodies emphasizing stringent emission norms, and sustainable fuel economy of vehicles, automotive exhaust emission control systems are gaining prominence as they ensure reduced emission levels. Periodic refinement of emission regulations, and standards such as The Clean Air Act (CAA), Euro 6, BS 4 and BS 6, and test methods like Worldwide Harmonised Light Vehicle Test Procedure (WLTP) and Real Driving Emissions (RDE) will continue to prepare a fertile ground for automotive exhaust emission control systems. Both automakers and consumers would thus be compelled to regularly monitor the exhaust emission controlling systems of their vehicles and replace the same as and when necessary, thereby bolstering the growth of the automotive exhaust emission control systems market.
Improved Spending Capacity of Consumers
Shifts in consumer lifestyle to achieve more sophistication and the vehicle miles travelled are fairly synchronous. Increasing vehicle demand for long excursions on weekends, rise in daily commutation to work from suburb locations, surge in the spending capacity of consumers in emerging economies on account of the proliferation of service-based industries, are some of the key factors that are looked upon by automakers. New product launches suiting the needs of people and increased vehicle life span are likely to contribute towards creating multiple growth opportunities in the automotive exhaust emission control systems market.
Growth Challenges
COVID-19 Impact
The coronavirus outbreak had put immense stress over all the industries, supply chain disruptions being one of the foremost concerns of all industry operators. Automotive component suppliers also faced a prolonged ban on international transportation, and logistics. Similarly, raw material suppliers have been facing impediments in supplying to automakers. As a result, automakers confronted increasing overheads and decreasing operating profits that levied financial pressure. The demand in several countries is gradually resurfacing owing to the long stint of pent-up demand, coupled with seasonal demand fluctuations.
With the pandemic situation prevailing, there are strong indications of a sizeable population now preferring private conveyance over public transit or shared mobility options. This is likely to create a short window of opportunity for manufacturers to penetrate. However, rising EV penetration will most likely dampen the growth of automotive exhaust emission control systems market in the foreseeable future.
Overview of Key Segments
Regionally Biased Vehicle Demand Bolsters Segmental Revenue
An alarming rise in particulate matter and other harmful emissions, coupled with increasing prevalence of respiratory disorders especially in urban areas, is fuelling the global automotive exhaust emission control systems market. Higher demand for fuel efficiency has been influential in integrating gasoline direct injection (GDI) technique, which has raised emission high particulate pollutants. Gasoline particulate filters (GPF) used with such engines are anticipated to minimize emission and comply with Euro 6 standards.
Similarly, gasoline vehicles are expected to deploy three-way catalytic converters (TWC) along with the GPF to suffice the Bharat 6 and Euro 6 standards. Based on regions GPD, TWC and diesel particulate filter (DPF), coupled with diesel oxidation catalyst (DOC) find applications in corresponding vehicle models. Whereas participants in a few regions have been attempting extraction of pollutants through tail pipe emissions just before they escape through selective catalytic reduction (SCR) and lean NOX traps.
Growth Opportunities Across Regions
European, and Asian Countries Remain at the Forefront
Burgeoning vehicle production during last decade clearly indicates the demand concentration in Asia Pacific. Cheap labour and administrative overheads, and conducive environment continue to attract foreign investors to establish their production bases in the Asian countries. The enactment of favorable regulatory policies in Asian, and European economies has aided the market to flourish significantly.
Productivity, efficiency, and boom in manufacturing activities have been critical for the business expansion in Asia Pacific, and the European region. The fast-developing Asian countries are reflecting high growth potential for the automotive exhaust emission control systems market.
Competition Landscape: Automotive Exhaust Emission Control Systems Market
Some of the global automotive exhaust emission control systems market include Albonair GmbH, Bosch Rexroth, Calsonic Kansei Corporation, DENSO Corporation, Faurecia, Eberspacher Climate Control Systems GmbH & Co., KG, IBIDEN Co., Ltd, Jetex Exhaust Ltd., Continental Emitech GmbH Friedrich Boysen GmbH & Co. KG, Yutaka Giken Company Limited, Johnson Matthey, Katcon, CDTi Advanced Materials, Inc., SANGO Co., Ltd., and Tenneco Inc.
While capacity expansion will most likely remain the key developmental strategy of the industry leaders to achieve a stronger regional foothold, companies are also likely to focus on the development of sustainable, and cost-effective emission control solutions as their key focal areas amid competition.
Besides, strategic M&A, joint ventures, and new product developments continue to be the widely adopted growth strategies for enhanced product portfolio. Noteworthy advancements have been observed recently in the design and development of exhaust control systems through sizable R&D investments.
Regional Classification of the Global Automotive Exhaust Emission Control Systems Market is Listed Below:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
*Regions and countries are subject to change based on data availability.
Key Elements Included In The Study: Global Automotive Exhaust Emission Control Systems Market
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1. Executive Summary
1.1. Global Automotive Exhaust Emission Control Systems Market Snapshot
1.2. Key Market Trends
1.3. Future Projections
1.4. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.1.1. Driver A
2.2.1.2. Driver B
2.2.1.3. Driver C
2.2.2. Restraints
2.2.2.1. Restraint 1
2.2.2.2. Restraint 2
2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. Covid-19 Impact Analysis
2.5.1. Pre-covid and Post-covid Scenario
2.5.2. Supply Impact
2.5.3. Demand Impact
2.6. Government Regulations
2.7. Technology Landscape
2.8. Economic Analysis
2.9. PESTLE
3. Price Trends Analysis and Future Projects
3.1. Key Highlights
3.2. Prominent Factors Affecting Prices
4. Global Automotive Exhaust Emission Control Systems Market Outlook, 2019 - 2030
4.1. Global Automotive Exhaust Emission Control Systems Market Outlook, by Technology, Value (US$ Mn), 2019 - 2030
4.1.1. Key Highlights
4.1.1.1. Catalytic Converters
4.1.1.2. Evaporative Emission Control
4.1.1.3. Exhaust Gas Recirculation (EGR)
4.1.1.4. Particulate Filter (PF)
4.1.1.5. Three-way Catalyst (TWC)
4.1.1.6. NOx adsorber catalysts
4.1.1.7. Selective Catalyst Reduction (SCR)
4.1.1.8. Misc.
4.2. Global Automotive Exhaust Emission Control Systems Market Outlook, by Fuel Type, Value (US$ Mn), 2019 - 2030
4.2.1. Key Highlights
4.2.1.1. Gasoline
4.2.1.2. Diesel
4.2.1.3. Hybrid
4.3. Global Automotive Exhaust Emission Control Systems Market Outlook, by Vehicle Type, Value (US$ Mn), 2019 - 2030
4.3.1. Key Highlights
4.3.1.1. Passenger Cars
4.3.1.2. Commercial Vehicles
4.3.1.2.1. Light
4.3.1.2.2. Medium
4.3.1.2.3. Heavy
4.4. Global Automotive Exhaust Emission Control Systems Market Outlook, by Region, Value (US$ Mn), 2019 - 2030
4.4.1. Key Highlights
4.4.1.1. North America
4.4.1.2. Europe
4.4.1.3. Asia Pacific
4.4.1.4. Latin America
4.4.1.5. Middle East & Africa
4.4.2. BPS Analysis/Market Attractiveness Analysis
5. North America Automotive Exhaust Emission Control Systems Market Outlook, 2019 - 2030
5.1. North America Automotive Exhaust Emission Control Systems Market Outlook, by Technology, Value (US$ Mn), 2019 - 2030
5.1.1. Key Highlights
5.1.1.1. Catalytic Converters
5.1.1.2. Evaporative Emission Control
5.1.1.3. Exhaust Gas Recirculation (EGR)
5.1.1.4. Particulate Filter (PF)
5.1.1.5. Three-way Catalyst (TWC)
5.1.1.6. NOx adsorber catalysts
5.1.1.7. Selective Catalyst Reduction (SCR)
5.1.1.8. Misc.
5.2. North America Automotive Exhaust Emission Control Systems Market Outlook, by Fuel Type, Value (US$ Mn), 2019 - 2030
5.2.1. Key Highlights
5.2.1.1. Gasoline
5.2.1.2. Diesel
5.2.1.3. Hybrid
5.3. North America Automotive Exhaust Emission Control Systems Market Outlook, by Vehicle Type, Value (US$ Mn), 2019 - 2030
5.3.1. Key Highlights
5.3.1.1. Passenger Cars
5.3.1.2. Commercial Vehicles
5.3.1.2.1. Light
5.3.1.2.2. Medium
5.3.1.3. Heavy
5.4. North America Automotive Exhaust Emission Control Systems Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
5.4.1. Key Highlights
5.4.1.1. U.S.
5.4.1.2. Canada
5.4.2. BPS Analysis/Market Attractiveness Analysis
6. Europe Automotive Exhaust Emission Control Systems Market Outlook, 2019 - 2030
6.1. Europe Automotive Exhaust Emission Control Systems Market Outlook, by Technology, Value (US$ Mn), 2019 - 2030
6.1.1. Key Highlights
6.1.1.1. Catalytic Converters
6.1.1.2. Evaporative Emission Control
6.1.1.3. Exhaust Gas Recirculation (EGR)
6.1.1.4. Particulate Filter (PF)
6.1.1.5. Three-way Catalyst (TWC)
6.1.1.6. NOx adsorber catalysts
6.1.1.7. Selective Catalyst Reduction (SCR)
6.1.1.8. Misc.
6.2. Europe Automotive Exhaust Emission Control Systems Market Outlook, by Fuel Type, Value (US$ Mn), 2019 - 2030
6.2.1. Key Highlights
6.2.1.1. Gasoline
6.2.1.2. Diesel
6.2.1.3. Hybrid
6.3. Europe Automotive Exhaust Emission Control Systems Market Outlook, by Vehicle Type, Value (US$ Mn), 2019 - 2030
6.3.1. Key Highlights
6.3.1.1. Passenger Cars
6.3.1.2. Commercial Vehicles
6.3.1.2.1. Light
6.3.1.2.2. Medium
6.3.1.3. Heavy
6.4. Europe Automotive Exhaust Emission Control Systems Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
6.4.1. Key Highlights
6.4.1.1. Germany
6.4.1.2. France
6.4.1.3. U.K.
6.4.1.4. Italy
6.4.1.5. Spain
6.4.1.6. Russia
6.4.1.7. Rest of Europe
6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Asia Pacific Automotive Exhaust Emission Control Systems Market Outlook, 2019 - 2030
7.1. Asia Pacific Automotive Exhaust Emission Control Systems Market Outlook, by Technology, Value (US$ Mn), 2019 - 2030
7.1.1. Key Highlights
7.1.1.1. Catalytic Converters
7.1.1.2. Evaporative Emission Control
7.1.1.3. Exhaust Gas Recirculation (EGR)
7.1.1.4. Particulate Filter (PF)
7.1.1.5. Three-way Catalyst (TWC)
7.1.1.6. NOx adsorber catalysts
7.1.1.7. Selective Catalyst Reduction (SCR)
7.1.1.8. Misc.
7.2. Asia Pacific Automotive Exhaust Emission Control Systems Market Outlook, by Fuel Type, Value (US$ Mn), 2019 - 2030
7.2.1. Key Highlights
7.2.1.1. Gasoline
7.2.1.2. Diesel
7.2.1.3. Hybrid
7.3. Asia Pacific Automotive Exhaust Emission Control Systems Market Outlook, by Vehicle Type, Value (US$ Mn), 2019 - 2030
7.3.1. Key Highlights
7.3.1.1. Passenger Cars
7.3.1.2. Commercial Vehicles
7.3.1.2.1. Light
7.3.1.2.2. Medium
7.3.1.3. Heavy
7.4. Asia Pacific Automotive Exhaust Emission Control Systems Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
7.4.1. Key Highlights
7.4.1.1. China
7.4.1.2. Japan
7.4.1.3. South Korea
7.4.1.4. India
7.4.1.5. Southeast Asia
7.4.1.6. Rest of Asia Pacific
7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Latin America Automotive Exhaust Emission Control Systems Market Outlook, 2019 - 2030
8.1. Latin America Automotive Exhaust Emission Control Systems Market Outlook, by Technology, Value (US$ Mn), 2019 - 2030
8.1.1. Key Highlights
8.1.1.1. Catalytic Converters
8.1.1.2. Evaporative Emission Control
8.1.1.3. Exhaust Gas Recirculation (EGR)
8.1.1.4. Particulate Filter (PF)
8.1.1.5. Three-way Catalyst (TWC)
8.1.1.6. NOx adsorber catalysts
8.1.1.7. Selective Catalyst Reduction (SCR)
8.1.1.8. Misc.
8.2. Latin America Automotive Exhaust Emission Control Systems Market Outlook, by Fuel Type, Value (US$ Mn), 2019 - 2030
8.2.1. Key Highlights
8.2.1.1. Gasoline
8.2.1.2. Diesel
8.2.1.3. Hybrid
8.3. Latin America Automotive Exhaust Emission Control Systems Market Outlook, by Vehicle Type, Value (US$ Mn), 2019 - 2030
8.3.1. Key Highlights
8.3.1.1. Passenger Cars
8.3.1.2. Commercial Vehicles
8.3.1.2.1. Light
8.3.1.2.2. Medium
8.3.1.3. Heavy
8.4. Latin America Automotive Exhaust Emission Control Systems Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
8.4.1. Key Highlights
8.4.1.1. Brazil
8.4.1.2. Mexico
8.4.1.3. Rest of Latin America
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Middle East & Africa Automotive Exhaust Emission Control Systems Market Outlook, 2019 - 2030
9.1. Middle East & Africa Automotive Exhaust Emission Control Systems Market Outlook, by Technology, Value (US$ Mn), 2019 - 2030
9.1.1. Key Highlights
9.1.1.1. Catalytic Converters
9.1.1.2. Evaporative Emission Control
9.1.1.3. Exhaust Gas Recirculation (EGR)
9.1.1.4. Particulate Filter (PF)
9.1.1.5. Three-way Catalyst (TWC)
9.1.1.6. NOx adsorber catalysts
9.1.1.7. Selective Catalyst Reduction (SCR)
9.1.1.8. Misc.
9.2. Middle East & Africa Automotive Exhaust Emission Control Systems Market Outlook, by Fuel Type, Value (US$ Mn), 2019 - 2030
9.2.1. Key Highlights
9.2.1.1. Gasoline
9.2.1.2. Diesel
9.2.1.3. Hybrid
9.3. Middle East & Africa Automotive Exhaust Emission Control Systems Market Outlook, by Vehicle Type, Value (US$ Mn), 2019 - 2030
9.3.1. Key Highlights
9.3.1.1. Passenger Cars
9.3.1.2. Commercial Vehicles
9.3.1.2.1. Light
9.3.1.2.2. Medium
9.3.1.3. Heavy
9.4. Middle East & Africa Automotive Exhaust Emission Control Systems Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
9.4.1. Key Highlights
9.4.1.1. GCC
9.4.1.2. South Africa
9.4.1.3. Rest of Middle East & Africa
9.4.2. BPS Analysis/Market Attractiveness Analysis
10. Competitive Landscape
10.1. Company Market Share Analysis, 2022
10.2. Competitive Dashboard
10.3. Company Profiles
10.3.1. Johnson Matthey
10.3.1.1. Company Overview
10.3.1.2. Product Portfolio
10.3.1.3. Financial Overview
10.3.1.4. Business Strategies and Development
(*Note: Above details would be available for below list of companies based on availability)
10.3.2. BASF SE
10.3.3. Tenneco Inc.
10.3.4. BENTELER International AG
10.3.5. Umicore
10.3.6. Eberspächer
10.3.7. SEJONG INDUSTRIAL Co., Ltd.
10.3.8. BOSAL
10.3.9. Klarius Products Ltd.
10.3.10. Faurecia
10.3.11. Vitesco Technologies GmbH
10.3.12. Albonair GmbH
11. Appendix
11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations
BASE YEAR |
HISTORICAL DATA |
FORECAST PERIOD |
UNITS |
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2022 |
2019 - 2022 |
2023 - 2030 |
Value: US$ Million |
REPORT FEATURES |
DETAILS |
Technology Coverage |
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Fuel Type Coverage |
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Vehicle Type Coverage |
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Geographical Coverage |
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Leading Market Companies |
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Report Highlights |
Market Estimates and Forecast, Market Dynamics, Industry Trends, Production Output, Trade Statistics, Competition Landscape, Technology-, Fuel Type-, Vehicle Type-, Region-, Country-wise Trends & Analysis, COVID-19 Impact Analysis (Demand and Supply), Key Market Trends |
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