Sales of Automotive Exhaust Systems to Skyrocket, Thanks to High-Speed Innovations, says Market.us

Automotive production and sales units directly affect the demand for exhaust systems. Globally, increasing passenger car and commercial vehicle sales in developed and emerging countries are driving demand for the automotive exhaust system.

According to Market.us, “The Automotive Exhaust System Market is projected to reach a valuation of USD Billion by 2032 at a CAGR of 6%, from USD 36.9 Billion in 2021.”

Asia Pacific was responsible for 62% of the global automotive ventilation system supply in 2021. This region is expected to continue growing at a high CAGR. This is due to the increasing technical knowledge and purchasing power of Asian consumers. The market will also grow due to the development of the automotive industry in developing countries like China and India.

Anurag Sharma, a senior research analyst at Market.us, said, “Rapid innovations have emerged in exhaust system technology such as exhaust after-treatment systems and exhaust gas recycling (EGR) systems. These systems are expected to drive sales of automotive exhaust systems.”

In 2020, the COVID-19 pandemic will significantly impact automotive exhaust system demand. Global lockdowns and social disruptions caused by the spread of the virus have led to significant losses in industries like manufacturing, automotive, entertainment, restaurant, and hospitality. The slumped business environment is expected to have a negative impact on automotive production and the demand for exhaust systems.

Increased use of combined after-treatment devices

As global emission standards get stricter each year, the requirement to reduce exhaust stream emissions details is increasing. A variety of after-treatment methods are available to car manufacturers and original equipment suppliers to help keep emissions within legal limits. The most common after-treatment equipment combinations are SCR & DPF.

They combine to eliminate more than 70% of particulate and other gaseous pollution. The DPF screens particulates while the SCR converts them to liquid and N2 in the presence of a reduction agent. These mixtures are driving demand for exhaust systems and after-equipment.

There is a rising demand for zero-emission automobiles

Due to rapid urbanization and increasing household discretionary income, countries such as India and China are experiencing a boom in automobile manufacturing and sales. The industry will expand as more efficient diesel engines are developed and marketed.

Manufacturers are increasingly using eco-friendly technologies to make low-emission vehicles. This is expected to increase the market. The market for vehicles that are limited in fuel consumption is expected to grow as consumers become more aware of the harmful effects of pollution on the environment and human well-being.

Systems for lightweight emissions

All automobiles that exceed the legal limits on gasoline efficiency or pollution must comply with these regulations. Otherwise, government agencies will punish them severely. Lighter cars require less fuel to drive because they have less friction to resist. 

They emit fewer greenhouse gasses and consume less gasoline. According to experts in the industry, a 10% drop in weight could increase fuel efficiency by around 6% to 7.8%. Automobile manufacturers have begun to pay more attention to lightweight components and aerodynamic shapes and the performance of drivetrain components. This helps reduce vehicle weight.

Particulate filters can be made from various materials, such as stainless steel and cast iron. Many businesses, including auto OEMs, and performance exhaust producers, want to reduce the weight of ventilation systems.

Emission testing of vehicles in real-world situations

The Realistic Driving Emissions Test monitors harmful contaminants in engine exhaust, such as NOx, while cars are driving on the highway. It uses a transportable emissions-measuring device. The RDE is vital in reducing the discrepancy between the approved vehicle emission values and the actual results.

 The European Federation for Transportation and Environmental AISBL states that there has been an uncontrollable rise in the gap between laboratory results and actual vehicle efficiency. This is up from 9 percent in 2001, to 28% in 2012, and 42% in 2015.

 RDE rules will have a positive effect on the quality and air quality in European countries by requiring car manufacturers to install pollution control systems into their engines, as well as taking other steps to reduce carbon emissions while they are operating.

The demand for electric vehicles is growing

Electric cars are in high demand because people are more aware of the harmful effects that automobiles have on the environment. It is expected that there will be an increase in international acceptance of powered mobility as a result of tax exemption and government incentives over the next years. This would limit the growth of the market for engine exhaust equipment.