checkAd

Exhaust System Market worth $47.9 billion by 2026 - Exclusive Report by MarketsandMarkets

Nachrichtenquelle: PR Newswire (engl.)
23.07.2021, 11:30  |  152   |   |   

CHICAGO, July 23, 2021 /PRNewswire/ -- According to the new market research report "Exhaust System Market by After-Treatment Device (DOC, DPF, LNT, SCR, GPF), Vehicle Type (PC, LCV, Trucks, Buses, Ag Tractor, Construction & Mining Equipment), Aftermarket, Component, Sensor, Application, Sales Channel and Region - Global Forecast to 2026," published by MarketsandMarkets, the Automotive Exhaust System Market is projected to grow at a CAGR of 5.3% during the forecast period, from an estimated USD 36.9 billion in 2021 to USD 47.9 billion by 2026.

MarketsandMarkets_Logo

Growing vehicle emission is leading to the stringent emission and fuel economy regulations and growing penetration of aftertreatment devices in combinations are boosting the growth of the market for automotive exhaust system.

Browse in-depth TOC on "Exhaust System Market"
320 – Tables
59 – Figures
292 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=87800437

SCR segment is expected to be the largest segment during the forecast period

SCR is one of the latest emission control devices that breaks down the hydrocarbons and NOx into water and nitrogen. It uses expensive metals such as palladium, rhodium, and platinum combined with ceramic bricks that act as a catalyst and the injection of automotive ammonia, more commonly known as diesel exhaust fluid (DEF) or AdBlue, to achieve low emission levels. The SCR technology reduces NOx emissions by nearly 90%. Therefore, its usage in most diesel vehicles across the globe is mandated under the new emission norms. SCRs trap NOx more efficiently compared to LNTs in vehicles with large engine capacities. Hence, passenger cars and LCVs with an engine capacity of above 2.0 liters are generally equipped with SCRs as they emit more NOx than vehicles with smaller engine capacities.

The growing penetration of after-treatment devices due to stringent emission norms for reducing NOx emission is a major factor driving the demand for SCR in all vehicle segments.

The sensors segment by component is expected to hold the largest market share in 2021

The demand for components of exhaust systems significantly reduced, owing to the sudden outbreak of COVID-19 and lockdowns, causing a decline in vehicle production and sales in 2020. Thus, the exhaust system (OE) market by component witnessed negative growth in 2020.

Seite 1 von 2
Palladium jetzt über den Testsieger (Finanztest 11/2020) handeln, ab 0 € auf Smartbroker.de



Wertpapier



0 Kommentare

Schreibe Deinen Kommentar

Bitte melden Sie sich an, um zu kommentieren. Anmelden | Registrieren

 

Disclaimer

Exhaust System Market worth $47.9 billion by 2026 - Exclusive Report by MarketsandMarkets CHICAGO, July 23, 2021 /PRNewswire/ - According to the new market research report "Exhaust System Market by After-Treatment Device (DOC, DPF, LNT, SCR, GPF), Vehicle Type (PC, LCV, Trucks, Buses, Ag Tractor, Construction & Mining Equipment), …

Community

Nachrichten des Autors

Titel
Titel
Titel
Titel

Nachrichten zu den Werten

DatumTitel
27.09.21Gevo Awarded Patent for Process to Upgrade or Convert Ethanol and Bio-based Alcohols to Drop-In Hydrocarbon Fuels
globenewswire | Weitere Nachrichten
24.09.21NuScale Power unterzeichnet zusammen mit KGHM und PBE Absichtserklärung für Untersuchung von SMR-Bereitstellung in Polen
Business Wire (dt.) | Weitere Nachrichten
24.09.21Wochenausblick: DAX40 mit turbulenter ersten Woche. Öl, Daimler und Inflationszahlen im Fokus!
onemarkets Blog | Weitere Nachrichten
24.09.21goldinvest.de: Group Ten Metals - Erste Stillwater West-Ressource rückt immer näher!
GOLDINVEST.de | Kommentare
23.09.21Die Familie von Jean-Michel Basquiat kündigt Sir David Adjaye OBE als Ausstellungsdesigner für Jean-Michel Basquiat: King Pleasure an und enthüllt Details zu den Themen und Räumlichkeiten der Ausstellung, die am 9. April 2022 im ikonischen Starrett-Lehigh Building in New York eröffnet wird
PR Newswire (dt.) | Pressemitteilungen
23.09.21Radisson appoints Pierre Beaudoin and Jeff Swinoga to the Board of Directors; Rahul Paul appointed President & CEO
globenewswire | Weitere Nachrichten
22.09.21Tagesausblick für 23.09.: DAX vor Fed-Entscheidung fester. Hapag Lloyd im Aufwind!
onemarkets Blog | Weitere Nachrichten
22.09.21Aemetis CEO to Present on “Net Zero Future” Panel at the Advanced Biofuels Leadership Conference Oct 28th in San Francisco
globenewswire | Weitere Nachrichten
22.09.21Verbio: Rekordjahr – Wachstum überall, aber die Aktie fällt 12,9 %
Nebenwerte Magazin | Weitere Nachrichten
20.09.21Tagesausblick für 21.09.: DAX bricht ein. DAX-Aufsteiger mit gemischter Premiere!
onemarkets Blog | Weitere Nachrichten