The diesel emission control technologies are used to reduce the harmful emission from the exhaust of diesel vehicles. Diesel control technologies are used to reduce unwanted emissions without affecting the performance of the vehicle. The growing environmental concerns are the major factor that is supporting the increasing demand for diesel emission control technologies.
MARKET SCOPE
The "Global Diesel emission control technology Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the diesel emission control technology market with detailed market segmentation by technology, end-user, and geography. The report provides key statistics on the market status of the leading diesel emission control technology market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on technology, the global diesel emission control technology market is segmented into diesel particulate filter, diesel oxidation catalyst, selective catalytic reduction, exhaust gas recirculation.
- On the basis of end-user, the market is segmented into automotive, marine, aerospace, off-highway, rolling stock and industrial.
MARKET DYNAMICS
Drivers:
- Stringent government regulations, an increase in automobile production, and the adoption of new technologies for emission control are the major factors that are expected to drive the growth of the diesel emission control technology market.
Restraints:
- The high cost of these technologies and the growing popularity of electric vehicles are the major factors that are expected to hinder the growth of diesel emission control technologies market.
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 market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The diesel emission control technology market by each region is later sub-segmented by respective countries and segments. The 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 market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the diesel emission control technology market in these regions.
IMPACT OF COVID-19 ON DIESEL EMISSION CONTROL TECHNOLOGY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the diesel emission control technology 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from diesel emission control technology market are anticipated to lucrative growth opportunities in the future with the rising demand for diesel emission control technology in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the diesel emission control technology 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.
- aerinox-inc
- BASF SE
- CDTi Advanced Materials, Inc.
- CORMETECH
- Corning Incorporated
- DCL International Inc.
- Johnson Matthey
- Robert Bosch GmbH
- Tenneco Inc.
- Umicore