Automotive Exhaust Emission Control Device Market Overview:
The automotive exhaust emission control device catalytic converter containing ceramic pellets coated with a thin layer of metals like palladium and platinum. These metals act as catalyst to converts noxious gases into less toxic pollutants and reduce their effect on the environment. These devices are integrated into combustion chambers, intake manifolds, and ignition systems which controls exhaust emissions and improves the fuel economy of the vehicle.
The increasing production of automobiles from countries such as China, Germany, Mexico, India, and Japan drive the growth of automotive exhaust emission control device market. Furthermore, technological advancement, growing awareness from the key manufacturers in reducing the carbon footprints and growing uses of emission control three-way catalyst converter in automotive vehicles are set to drive the growth of this market during the study period
The global Automotive exhaust emission control device market is expected to witness ~6.3% CAGR during the period, 2018 to 2023.
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Key Players in Automotive Exhaust Emission Control Device Market are-
The prominent players in the global automotive exhaust emission control device market market include Denso Corporation (Japan), Johnson Matthey (UK), Continental Emitech Gmbh (Germany), Bosal (Belgium), CDTi Advanced (California), Eberspächer (Germany), Bosch Rexroth (Germany), Tenneco Inc. (USA), Albonair GmbH (Germany), and Faurecia (France).
Automotive Exhaust Emission Control Device Market Segmentation:
The global automotive exhaust emission control device market is segmented on the basis of device type, materials, engine type, vehicle type, sales channel and region.
On the basis of device type, the market has been segmented into Gasoline Particulate Filter (GPF), Selective Catalytic Reduction (SCR), Lean NOx Trap (LNT), Diesel Oxidation Catalyst (DOC), Diesel Particulate Filter (DPF), and Three-Way Catalytic Converter (TWC).
On the basis of materials, the market has been segmented into Rhodium, Palladium, and Platinum. On the basis of engine type, the market has been segmented into gasoline, diesel, and hybrid.
On the basis of vehicle type, the market has been segmented into passenger cars, commercial vehicles.
On the basis of sales channel, the market has been segmented into OEM and Aftermarket.
Market Research Analysis:
In terms of region, the global market for the automotive exhaust emission control device is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is projected to dominate the market throughout the forecast period. This is due to the increased urbanization and growing purchase of consumers, increasing disposable income, and the presence of robust automotive manufacturing facilities in China, Japan, South Korea, and India has further driven the market for automotive exhaust emission control device in this region.
Continuous improvement in technology for weight reduction of automotive exhaust emission control device will further enhance the Asia-Pacific market size. In Europe, stringent emission standards for diesel and petrol vehicles such as Euro 1 to Euro 6 drive the growth for automotive exhaust emission control device market. In addition, the presence of key manufacturers such as Johnson Matthey, Continental Emitech Gmbh, and Albonair GmbH are anticipated to drive the growth of this market.
North America is estimated to hold the second highest market share in terms ov value in 2017 and continue its growth during the forecast period. This growth is attributed due the high rate of deployment of these devices in countries such as US and Canada.
Scope of The Report:
This study provides an overview of the global automotive exhaust emission control device market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive exhaust emission control device market by material, type, transmission, vehicle type, sales channel and regions.
Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/Supply Chain Analysis
Continue….
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