The usage exhaust manifold has supported in enhancing the overall efficiency of the exhaust systems of entry-segment vehicles. The automobile manufacturers are focusing to use advanced high-strength steel and several grades of stainless steel and aluminized steel in exhaust manifolds. These advanced alloys offer durability and high thermal expansion coefficient to the exhaust manifolds. The superior mechanical properties of the advanced alloys is expected to boost its demand in mass-production vehicles such as entry-segment passenger vehicles.
MARKET SCOPE
The "Global Exhaust manifold 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 exhaust manifold market with detailed market segmentation by material type, engine type, product type, vehicle type, and geography. The report provides key statistics on the market status of the leading exhaust manifold market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on material type, the global exhaust manifold market is segmented into cast iron, stainless steel and titanium.
- On the basis of engine type, the market is segmented into inline, V-line and straight line.
- Based on product type, the global exhaust manifold market is segmented into log manifold and tubular manifold.
- On the basis of vehicle type, the market is segmented into passenger car, LCV and HCV.
MARKET DYNAMICS
Drivers:
- The major factors driving the growth of the exhaust manifold market are the growth in production volume of passenger vehicles and stringent regulatory norms on vehicular emissions.
- The increasing usage of lightweight and advanced alloys is anticipated be a major factor propelling exhaust manifold market growth.
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 exhaust manifold 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 exhaust manifold market in these regions.
IMPACT OF COVID-19 ON EXHAUST MANIFOLD 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 exhaust manifold 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 exhaust manifold market are anticipated to lucrative growth opportunities in the future with the rising demand for exhaust manifold in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the exhaust manifold 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.
- Benteler International AG
- Ebersp?cher Group
- Faurecia SA
- Friedrich Boysen GmbH and Co. KG
- Futaba Industrial Co. Ltd.
- Katcon
- Magneti Marelli S.p.A.
- SANGO Co., Ltd.
- Tenneco Inc.
- Yutaka Giken Company Limited