Automotive Exhaust Aftertreatment System Market

1. Automotive Exhaust Aftertreatment System Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast The global automotive exhaust aftertreatment systems market size was valued USD 10 Billion in 2020 and is anticipated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing government efforts toward zero vehicular emissions. In exhaust gas recirculation system, a small amount of exhaust gas is allowed to leak into the intake manifold, to reduce formation of nitrogen oxide. Approximately 6 to 10% of the total exhaust is allowed to leak into the manifold. This dilutes the air and fuel mixture in the combustion chamber and creates a cooling effect. By adding exhaust gas, combustion temperature is kept below 1500°C to minimize the reaction between nitrogen and oxygen. A small calibrated leak or passage is created between the intake and exhaust manifold in exhaust aftertreatment system. The exhaust gas is sucked into the engine by intake vacuum. The amount of recirculation is controlled to avoid impact on engine performance and drivability. The system helps to lower the emission from car exhaust. An exhaust gas recirculation valve is located in the engine compartment that controls the amount of exhaust gas intake. These systems are required by most engines to meet emissions standards. Recirculation of exhaust gas also helps in complete combustion of fuel. A properly maintained automotive exhaust aftertreatment system ensures that emissions are kept at or below government regulation requirements. Sample - https://growthmarketreports.com/request-sample/1145 Market Trends, Drivers, Restraints, and Opportunities  Stringent regulations regarding carbon emissions is driving the growth of the automotive exhaust aftertreatment systems market.

2.  Major automakers are partnering with exhaust system manufacturers to provide a suitable solution for reducing vehicular emission, Thus, efforts are projected to boost the market growth. Various governments across the world have deployed policies to mandate the installation of automotive exhaust aftertreatment systems in modern vehicles. This factor is expected to stimulate the growth of the market. Growing adoption of automotive exhaust after-treatment systems within heavy commercial vehicles is estimated to propel the market growth. Increasing pressure from emission regulation authorities has forced manufacturers to come up with new technologies, which reduce the emission of polluting gases from the exhaust. This has persuaded the manufacturers to increase R&D spending, to manufacture better exhaust aftertreatment technologies. Recovering automotive industry and increasing production sites is projected to drive the market expansion during the forecast period. Unavailability of exhaust aftertreatment systems for complicated set up of urea injection is anticipated to restrict the market growth. Technical challenges faced       Market Segment Insights Diesel segment to account for a large market share On the basis offuel types, the market is bifurcated into gasoline and diesel. The diesel segment is expected to hold a key market share during the forecast period. Majority of the diesel engines are able to convert in between 40% to 46% of the fuel energy, while the remaining is released in the environment as heat, through exhaust emissions. Exhaust aftertreatment systems are mostly incorporated in automobiles with diesel engines. Commercial vehicles segment is anticipated to expand at a substantial CAGR In terms of vehicle types, the market is segmented into passenger cars and commercial vehicles. The commercial vehicles segment is anticipated to register a healthy CAGR during the forecast period. Growing construction industry and developing logistics market are spurring the growth of the market segment. The demand for diesel engines is expected to grow owing to the rise of commercial vehicle sales. Asia Pacific to dominate the market On the basis of regions, the market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to growing efforts of OEMs to reduce emissions. China targets a reduction of 50% for hydrocarbons, 40% for nitrogen Oxides (NOx), and 33% for particulate matter, to meet the China 6 emission standards. Inquiry- https://growthmarketreports.com/enquiry-before-buying/1145 Competitive Landscape Key players competing in the automotive exhaust aftertreatment systemmarket include Continental Reifen Deutschland GmbH, Delphi Technologies PLC, Tenneco Inc., Donaldson Company Inc., and CDTi Advanced Materials Inc. Companies are engaging in partnerships with local manufacturers and are focusing on development

3. of innovative products to expand their market share. About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter