The global exhaust manifold market size is poised to be reaching the valuation of US$10 Bn toward the end of 2030. The market will continue to surge ahead at a moderate pace throughout the forecast period.
Market Analysis in Brief
The automotive exhaust manifold market is rapidly emerging as a key industry sector in the automotive industry's landscape. Playing a pivotal role in ensuring the smooth operation of automobile engines, the exhaust manifold efficiently gathers exhaust gases from an engine's cylinders and directs them into the exhaust system. Several factors are playing out the major driving factors propelling the expansion of this market. The surge in demand for high-performance vehicles, coupled with stringent government regulations surrounding emission control, and an intensified focus on fuel efficiency, collectively contribute to the burgeoning demand for the automotive exhaust manifold worldwide.
The market is likely to witness rapid development of advanced exhaust manifolds boasting integrated catalytic converters, and lightweight materials. Focus on enhancing product durability and reliability to cater to the upswing in demand for high-performance vehicles is crucial. Efficient manufacturing processes that curtail the overall costs and drive adoption of advanced exhaust manifolds will most likely be prioritized in the years to come.
Key Report Findings
Growth Drivers
Swift Growth in Demand for High-performance Vehicles
An automotive exhaust manifold stands as a critical component within an engine's exhaust system. It diligently collects exhaust gases from the cylinders of an engine and directs their flow into the exhaust system. Constructed primarily from materials like cast iron or stainless steel, these manifolds are affixed to the engine's cylinder head, allowing them to effectively channel exhaust gases. The global automotive exhaust manifold market is poised to achieve remarkable growth at a notable CAGR during the forecast period.
This growth trajectory is predominantly powered by escalating demand for high-performance vehicles. The burgeoning desire for high-performance vehicles serves as a pivotal driver for the automotive exhaust manifold market. These vehicles necessitate top-tier exhaust manifolds to ensure optimal engine performance and durability.
Rigorous Emission Control Regulations, and Greater Emphasis on Fuel Efficiency
Stringent governmental mandates aimed at curbing vehicular emissions are propelling the growth of the exhaust manifold market revenue. Governments globally are imposing rigorous regulations to diminish vehicle emissions, consequently elevating the demand for efficient exhaust manifolds.
Moreover, the relentless pursuit of enhanced fuel efficiency by automotive manufacturers is another potent driver. This drive is steering the demand for lightweight and efficient exhaust manifolds, contributing to significant improvements in the fuel economy.
Growth Challenges
High Costs Associated with Advanced Manifolds
Expensive price points of advanced exhaust manifolds that are equipped with features like integrated catalytic converters and lightweight materials, will continue to pose a considerable restraint to the growth of exhaust manifold market revenue. This cost factor limits the rate of adoption to a large extent, shows research.
On the other hand, the presence of inferior alternatives across the market is expected to account for the growing prevalence of low-cost, low-quality exhaust manifolds in the global industry. Crafted from subpar materials, these widely available alternatives hold the potential to negatively impact engine performance, and durability.
Impact of COVID-19 Pandemic
The COVID-19 pandemic has wielded a substantial impact on the automotive exhaust manifold market. The disruptions in the global supply chain have resulted in hiccups in the production and distribution of automotive components, including exhaust manifolds. The pandemic-induced slump in automobile demand has also translated into reduced appetite for automotive exhaust manifolds. However, post-pandemic recovery is on the horizon, with the revival pinned on surging demand for high-performance vehicles and stringent emission control regulations.
Market Opportunity
The Swelling EV Market
The rise of electric vehicles (EVs) is now all set to present the automotive exhaust manifold market with significant growth opportunities over the upcoming decades. Despite lacking internal combustion engines, EVs still require exhaust manifolds for noise reduction, and cooling.
The demand for lightweight, and more efficient exhaust manifolds is poised to harness opportunities. The growing appetite of the auto industry for lightweight, efficient exhaust manifolds has stemmed from the incessant drive among the automakers to enhance vehicle fuel efficiency.
Overview of Key Segments
The cast iron segment is projected to dominate the automotive exhaust manifold market on the back of excellent thermal conductivity and durability. The segment currently makes up for approximately 73% share of the total market size.
By the type of fuel, petrol remains preferred, accounting for nearly 65% of the total market revenue by 2022. Continued prevalence in both passenger cars, and light commercial vehicles will drive the dominance of this segment over its diesel counterpart.
In terms of the type of vehicle demanding exhaust manifold, passenger cars are set to claim the largest share of the market valuation. With heightening demand for high-performance variants across the auto industry, the passenger vehicles segment accounts for nearly 67% of the total exhaust manifold market revenue.
Growth Opportunities Across Regions
Asia Pacific Maintains Hegemony with over 50% Market Share
The Asia Pacific region is positioned to dominate the automotive exhaust manifold market in the foreseeable future. This dominance can be attributed to the strongest presence of automotive manufacturing giants like China, and India, which are instrumental in driving market expansion here. The region currently accounts for more than 50% share of the overall market revenue and will continue to represent the largest revenue share throughout the end of the forecast year. The Asia Pacific region's ascendancy is anticipated in the long run, given the thriving automotive markets in China, and India.
The next key markets, i.e., North America, and Europe also play substantial roles in shaping this market. The rigorous emission control regulations established within these regions are propelling the demand for efficient exhaust manifolds. Both the regions hold a collective revenue share of more than 1/3rd of the global market size.
Competitive Landscape Analysis – Exhaust Manifold Market
The automotive exhaust manifold market is fiercely competitive and witnesses the participation of both established industry players, and fresh entrants. Manufacturers of advanced exhaust manifolds stand to gain from the surging demand for high-performance vehicles.
The market's competitiveness is palpable, with established players and newcomers vying for market share. A concentrated effort on innovating advanced exhaust manifolds, incorporating features like integrated catalytic converters and lightweight materials, is essential to meet the mounting demand for high-performance vehicles.
Some of the prominent players steering the competition landscape of the exhaust manifold market are Faurecia, Futaba Industrial, Denso Corp, Benteler International AG, Katcon SA, Sango Co, Ltd, SPM Autocmp, Tenneco, Yutaka Giken co., and Friedrich Boysen Holding Gmbh.
Key Industry Developments
The Global Exhaust Manifold Market is Categorized as:
By Product Type
By Fuel Type
By Vehicle Type
By Sales Channel
By Geography
1. Executive Summary
1.1. Global Exhaust Manifold Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.2.4. Economic Trends
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact
2.6. End-use Industry Customer Impact Analysis
3. Global Exhaust Manifold Outlook, 2019 - 2030
3.1. Global Exhaust Manifold Outlook, by Vehicle, Value (US$ Mn), 2019 - 2030
3.1.1. Key Highlights
3.1.1.1. Passenger Vehicle
3.1.1.2. Commercial Vehicle
3.1.2. BPS Analysis/Market Attractiveness Analysis, by Vehicle
3.2. Global Exhaust Manifold Outlook, by Product type, Value (US$ Mn), 2019 - 2030
3.2.1. Key Highlights
3.2.1.1. Cast Iron
3.2.1.2. Stainless Steel
3.2.2. BPS Analysis/Market Attractiveness Analysis, by Application
3.3. Global Exhaust Manifold Outlook, by Fuel Type, Value (US$ Mn), 2019 - 2030
3.3.1. Key Highlights
3.3.1.1. Petrol
3.3.1.2. Diesel
3.3.2. BPS Analysis/Market Attractiveness Analysis, by Fuel type
3.4. Global Exhaust Manifold Outlook, by Sales Channel, Value (US$ Mn), 2019 - 2030
3.4.1. Key Highlights
3.4.1.1. OEM
3.4.1.2. Aftermarket
3.4.2. BPS Analysis/Market Attractiveness Analysis, by Sales Channel
3.5. Global Exhaust Manifold Outlook, by Region, Value (US$ Mn), 2019 - 2030
3.5.1. Key Highlights
3.5.1.1. North America
3.5.1.2. Europe
3.5.1.3. Asia Pacific
3.5.1.4. ROW
3.5.2. BPS Analysis/Market Attractiveness Analysis, by Region
4. North America Exhaust Manifold Outlook, 2019 - 2030
4.1. North America Exhaust Manifold Outlook, by Vehicle, Value (US$ Mn), 2019 - 2030
4.1.1. Key Highlights
4.1.1.1. Passenger Vehicle
4.1.1.2. Commercial Vehicle
4.2. North America Exhaust Manifold Outlook, by Product type, Value (US$ Mn), 2019 - 2030
4.2.1. Key Highlights
4.2.1.1. Cast Iron
4.2.1.2. Stainless Steel
4.2.2. BPS Analysis/Market Attractiveness Analysis, by Application
4.3. North America Exhaust Manifold Outlook, by Fuel Type, Value (US$ Mn), 2019 - 2030
4.3.1. Key Highlights
4.3.1.1. Petrol
4.3.1.2. Diesel
4.3.2. BPS Analysis/Market Attractiveness Analysis, by Fuel type
4.4. North America Exhaust Manifold Outlook, by Sales Channel, Value (US$ Mn), 2019 - 2030
4.4.1. Key Highlights
4.4.1.1. OEM
4.4.1.2. Aftermarket
4.4.2. BPS Analysis/Market Attractiveness Analysis, by Sales Channel
4.5. North America Exhaust Manifold Outlook, by Country, Value (US$ Mn), 2019 - 2030
4.5.1. Key Highlights
4.5.1.1. U.S. Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
4.5.1.2. U.S. Exhaust Manifold Outlook, by Product type, 2019 - 2030
4.5.1.3. U.S. Manifold Outlook, by Fuel Type, Value 2019 - 2030
4.5.1.4. U.S. Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
4.5.1.5. Canada Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
4.5.1.6. Canada Exhaust Manifold Outlook, by Product type, 2019 - 2030
4.5.1.7. Canada Manifold Outlook, by Fuel Type, Value 2019 - 2030
4.5.1.8. Canada Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
5. Europe Exhaust Manifold Outlook, 2019 - 2030
5.1. Europe Exhaust Manifold Outlook, by Vehicle, Value (US$ Mn), 2019 - 2030
5.1.1. Key Highlights
5.1.1.1. Passenger Vehicle
5.1.1.2. Commercial Vehicle
5.2. Europe Exhaust Manifold Outlook, by Product type, Value (US$ Mn), 2019 - 2030
5.2.1. Key Highlights
5.2.1.1. Cast Iron
5.2.1.2. Stainless Steel
5.2.2. BPS Analysis/Market Attractiveness Analysis, by Application
5.3. Europe Exhaust Manifold Outlook, by Fuel Type, Value (US$ Mn), 2019 - 2030
5.3.1. Key Highlights
5.3.1.1. Petrol
5.3.1.2. Diesel
5.3.2. BPS Analysis/Market Attractiveness Analysis, by Fuel type
5.4. Europe Exhaust Manifold Outlook, by Sales Channel, Value (US$ Mn), 2019 - 2030
5.4.1. Key Highlights
5.4.1.1. OEM
5.4.1.2. Aftermarket
5.4.2. BPS Analysis/Market Attractiveness Analysis, by Sales Channel
5.5. Europe Exhaust Manifold Outlook, by Country, Value (US$ Mn), 2019 - 2030
5.5.1. Key Highlights
5.5.1.1. Germany Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
5.5.1.2. Germany Exhaust Manifold Outlook, by Product type, 2019 - 2030
5.5.1.3. Germany Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
5.5.1.4. Germany Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
5.5.1.5. UK Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
5.5.1.6. UK Exhaust Manifold Outlook, by Product type, 2019 - 2030
5.5.1.7. UK Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
5.5.1.8. UK Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
5.5.1.9. France Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
5.5.1.10. France Exhaust Manifold Outlook, by Product type, 2019 - 2030
5.5.1.11. France Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
5.5.1.12. France Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
5.5.1.13. Italy Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
5.5.1.14. Italy Exhaust Manifold Outlook, by Product type, 2019 - 2030
5.5.1.15. Italy Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
5.5.1.16. Italy Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
5.5.1.17. Spain Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
5.5.1.18. Spain Exhaust Manifold Outlook, by Product type, 2019 - 2030
5.5.1.19. Spain Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
5.5.1.20. Spain Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
5.5.1.21. Rest of EU Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
5.5.1.22. Rest of EU Exhaust Manifold Outlook, by Product type, 2019 - 2030
5.5.1.23. Rest of EU Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
5.5.1.24. Rest of EU Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
6. Asia Pacific Exhaust Manifold Outlook, 2019 - 2030
6.1. Asia Pacific Exhaust Manifold Outlook, by Vehicle, Value (US$ Mn), 2019 - 2030
6.1.1. Key Highlights
6.1.1.1. Passenger Vehicle
6.1.1.2. Commercial Vehicle
6.2. Asia Pacific Exhaust Manifold Outlook, by Product type, Value (US$ Mn), 2019 - 2030
6.2.1. Key Highlights
6.2.1.1. Cast Iron
6.2.1.2. Stainless Steel
6.2.2. BPS Analysis/Market Attractiveness Analysis, by Application
6.3. Asia Pacific Exhaust Manifold Outlook, by Fuel Type, Value (US$ Mn), 2019 - 2030
6.3.1. Key Highlights
6.3.1.1. Petrol
6.3.1.2. Diesel
6.3.2. BPS Analysis/Market Attractiveness Analysis, by Fuel type
6.4. Asia Pacific Exhaust Manifold Outlook, by Sales Channel, Value (US$ Mn), 2019 - 2030
6.4.1. Key Highlights
6.4.1.1. OEM
6.4.1.2. Aftermarket
6.4.2. BPS Analysis/Market Attractiveness Analysis, by Sales Channel
6.5. Asia Pacific Exhaust Manifold Outlook, by Country, Value (US$ Mn), 2019 - 2030
6.5.1. Key Highlights
6.5.1.1. China Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
6.5.1.2. China Exhaust Manifold Outlook, by Product type, 2019 - 2030
6.5.1.3. China Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
6.5.1.4. China Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
6.5.1.5. Japan Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
6.5.1.6. Japan Exhaust Manifold Outlook, by Product type, 2019 - 2030
6.5.1.7. Japan Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
6.5.1.8. Japan Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
6.5.1.9. India Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
6.5.1.10. India Exhaust Manifold Outlook, by Product type, 2019 - 2030
6.5.1.11. India Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
6.5.1.12. India Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
6.5.1.13. South Korea Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
6.5.1.14. South Korea Exhaust Manifold Outlook, by Product type, 2019 - 2030
6.5.1.15. South Korea Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
6.5.1.16. South Korea Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
6.5.1.17. Rest of APAC Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
6.5.1.18. Rest of APAC Exhaust Manifold Outlook, by Product type, 2019 - 2030
6.5.1.19. Rest of APAC Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
6.5.1.20. Rest of APAC Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
7. Latin America Exhaust Manifold Outlook, 2019 - 2030
7.1. Latin America Exhaust Manifold Outlook, by Vehicle, Value (US$ Mn), 2019 - 2030
7.1.1. Key Highlights
7.1.1.1. Passenger Vehicle
7.1.1.2. Commercial Vehicle
7.2. Latin America Exhaust Manifold Outlook, by Product type, Value (US$ Mn), 2019 - 2030
7.2.1. Key Highlights
7.2.1.1. Cast Iron
7.2.1.2. Stainless Steel
7.2.2. BPS Analysis/Market Attractiveness Analysis, by Application
7.3. Latin America Exhaust Manifold Outlook, by Fuel Type, Value (US$ Mn), 2019 - 2030
7.3.1. Key Highlights
7.3.1.1. Petrol
7.3.1.2. Diesel
7.3.2. BPS Analysis/Market Attractiveness Analysis, by Fuel type
7.4. Latin America Exhaust Manifold Outlook, by Sales Channel, Value (US$ Mn), 2019 - 2030
7.4.1. Key Highlights
7.4.1.1. OEM
7.4.1.2. Aftermarket
7.4.2. BPS Analysis/Market Attractiveness Analysis, by Sales Channel
7.5. Latin America Exhaust Manifold Outlook, by Country, Value (US$ Mn), 2019 - 2030
7.5.1. Key Highlights
7.5.1.1. Brazil Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
7.5.1.2. Brazil Exhaust Manifold Outlook, by Product type, 2019 - 2030
7.5.1.3. Brazil Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
7.5.1.4. Brazil Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
7.5.1.5. Mexico Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
7.5.1.6. Mexico Exhaust Manifold Outlook, by Product type, 2019 - 2030
7.5.1.7. Mexico Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
7.5.1.8. Mexico Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
7.5.1.9. Rest of Latin America Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
7.5.1.10. Rest of Latin America Exhaust Manifold Outlook, by Product type, 2019 - 2030
7.5.1.11. Rest of Latin America Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
7.5.1.12. Rest of Latin America Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
8. Middles East & Africa Exhaust Manifold Outlook, 2019 - 2030
8.1. Middles East & Africa Exhaust Manifold Outlook, by Vehicle, Value (US$ Mn), 2019 - 2030
8.1.1. Key Highlights
8.1.1.1. Passenger Vehicle
8.1.1.2. Commercial Vehicle
8.2. Middles East & Africa Exhaust Manifold Outlook, by Product type, Value (US$ Mn), 2019 - 2030
8.2.1. Key Highlights
8.2.1.1. Cast Iron
8.2.1.2. Stainless Steel
8.2.2. BPS Analysis/Market Attractiveness Analysis, by Application
8.3. Middles East & Africa Exhaust Manifold Outlook, by Fuel Type, Value (US$ Mn), 2019 - 2030
8.3.1. Key Highlights
8.3.1.1. Petrol
8.3.1.2. Diesel
8.3.2. BPS Analysis/Market Attractiveness Analysis, by Fuel type
8.4. Middles East & Africa Exhaust Manifold Outlook, by Sales Channel, Value (US$ Mn), 2019 - 2030
8.4.1. Key Highlights
8.4.1.1. OEM
8.4.1.2. Aftermarket
8.4.2. BPS Analysis/Market Attractiveness Analysis, by Sales Channel
8.5. Middles East & Africa Exhaust Manifold Outlook, by Country, Value (US$ Mn), 2019 - 2030
8.5.1. Key Highlights
8.5.1.1. GCC Countries Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
8.5.1.2. GCC Countries Exhaust Manifold Outlook, by Product type, 2019 - 2030
8.5.1.3. GCC Countries Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
8.5.1.4. GCC Countries Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
8.5.1.5. South Africa Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
8.5.1.6. South Africa Exhaust Manifold Outlook, by Product type, 2019 - 2030
8.5.1.7. South Africa Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
8.5.1.8. South Africa Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
8.5.1.9. Rest of Middle East & Africa Exhaust Manifold Outlook, by Vehicle, 2019 - 2030
8.5.1.10. Rest of Middle East & Africa Exhaust Manifold Outlook, by Product type, 2019 - 2030
8.5.1.11. Rest of Middle East & Africa Exhaust Manifold Outlook, by Fuel Type, Value 2019 - 2030
8.5.1.12. Rest of Middle East & Africa Exhaust Manifold Outlook, by Sales Channel, 2019 - 2030
9. Competitive landscape
9.1. Company Profile
9.1.1. Faurecia
9.1.2. Futaba Industrial
9.1.3. Benteler International AG
9.1.4. Denso Corp
9.1.5. Katcon SA
9.1.6. Mahle GMBH
9.1.7. Sango Co, Ltd
9.1.8. Tenneco
9.1.9. SPM Autocomp
9.1.10. Friedrich Boysen Holding Gmbh
9.1.11. Yutaka Giken co.
9.1.12. Others
BASE YEAR |
HISTORICAL DATA |
FORECAST PERIOD |
UNITS |
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2022 |
2019 - 2022 |
2023 - 2030 |
Value: US$ Million |
REPORT FEATURES |
DETAILS |
Vehicle Coverage |
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Fuel Type Coverage |
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Product Type Coverage |
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Sales Channel Coverage |
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Geographical Coverage |
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Leading Companies |
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Report Highlights |
Key Market Indicators, Macro-micro economic impact analysis, Technological Roadmap, Key Trends, Driver, Restraints, and Future Opportunities & Revenue Pockets, Porter’s 5 Forces Analysis, Historical Trend (2019-2021), Market Estimates and Forecast, Market Dynamics, Industry Trends, Competition Landscape, Category, Region, Country-wise Trends & Analysis, COVID-19 Impact Analysis (Demand and Supply Chain) |
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