Aftertreatment system is a method or device for reducing harmful exhaust emissions from internal-combustion engines. In other words, it is a device that cleans exhaust gases to ensure the engines meet emission regulations. Increasing greenhouse gas emissions by vehicles and growing implementation of associated regulatory standards are the major factors expected to drive the growth of the automotive exhaust aftertreatment systems market.
MARKET DYNAMICS
The rising demand for automotive exhaust aftertreatment systems due to stringent emission regulations set by several government agencies across the globe is driving the growth of the automotive exhaust aftertreatment systems market. However, the unavailability of exhaust aftertreatment systems for biodiesel and complicated set up for urea injection may restrain the growth of the automotive exhaust aftertreatment systems market. Furthermore, with the increasing production of automobiles, especially commercial vehicles is anticipated to create market opportunities for the automotive exhaust aftertreatment systems market during the forecast period.
MARKET SCOPE
The "Global Automotive Exhaust Aftertreatment Systems Market Analysis To 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The automotive exhaust aftertreatment systems market report aims to provide an overview of the automotive exhaust aftertreatment systems market with detailed market segmentation by product, vehicle, and geography. The global automotive exhaust aftertreatment systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive exhaust aftertreatment systems market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automotive exhaust aftertreatment systems market is segmented on the basis of product and vehicle. Based on product, the automotive exhaust aftertreatment systems market is segmented into: three way catalytic convertor, diesel particulate filter (DPF), diesel oxidation catalyst (DOC), selective catalytic reduction (SCR), gasoline particulate filter (GPF), lean NOx trap (LNT), and others. On the basis of vehicle, the automotive exhaust aftertreatment systems market is segmented into: passenger car, light commercial vehicle, and heavy commercial vehicle.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive exhaust aftertreatment systems market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive exhaust aftertreatment systems market by each region is later sub-segmented by respective countries and segments. The automotive exhaust aftertreatment systems market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the automotive exhaust aftertreatment systems market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the automotive exhaust aftertreatment systems market in these regions.
MARKET PLAYERS
The reports cover key developments in the automotive exhaust aftertreatment systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from automotive exhaust aftertreatment systems market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the automotive exhaust aftertreatment systems market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automotive exhaust aftertreatment systems market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Bosal Group
- Cummins
- Donaldson Company, Inc.
- Ebersp?cher
- Friedrich Boysen GmbH and Co. KG
- Johnson Matthey
- Magneti Marelli
- Rheinmetall Automotive AG
- Tenneco Inc.
- Wuxi Weifu International Trade Co.,Ltd.
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