The global automotive emission control systems market is anticipated to grow at a CAGR of 6.5% during the forecast period (2022-2028). Emission control systems in automobiles are installed to reduce the emission of harmful pollutants such as unburned hydrocarbons, carbon monoxide, oxides of nitrogen, and many more. Technologies such as diesel particulate filter (DPF), gasoline particulate filter (GPF), diesel oxidation catalyst (DOC), selective catalytic reduction (SCR), exhaust gas recirculation (EGR), and others are installed to control the emission of pollutants in the ecosystem. With the increase in emission control regulations by the government, increase in automobile production and also increase in adoption of nanotechnology catalytic converters are some of the driving factors for the growth of the automobile emission control systems.
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Additionally, innovations in emission control is another driving factor for the growth of the market. Catalyst is an emission controller device that converts toxic gasses and pollutants in exhaust gas from an internal combustion engine into less-toxic pollutants by catalysing a redox reaction. However, increase in production and demand for electric vehicles (EVs) is the restraining factor for the growth of the market. As electric vehicles have several advantages over fuel power automobiles as there is no need of fuel in electric vehicles.
Scope of the Automobile Emission Control Systems Report
The research study analyzes the Automobile Emission Control Systems industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Automobile Emission Control Systems Market Segmentation:
By Technology
- Diesel Particulate Filter (DPF)
- Gasoline Particulate Filter (GPF)
- Diesel Oxidation Catalyst (DOC)
- Selective Catalytic Reduction (SCR)
- Exhaust Gas Recirculation (EGR)
By Fuel Type
- Gasoline
- Diesel
By Application
- Passenger Vehicles
- Commercial Vehicles
Some major players in the market include AeriNox Inc, BASF SE, and CDTi Advanced Materials Inc, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in March 2021, power Management Company Tenneco Inc. and Eaton had announced a joint development agreement between Eaton’s Vehicle Group and Tenneco’s Clean Air business group to produce an integrated exhaust thermal management system that will enable commercial truck and light vehicle manufacturers to meet future emission regulations.
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automobile Emission Control Systems Market Report
- What was the Automobile Emission Control Systems Market size in 2021 and 2027; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Automobile Emission Control Systems Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Automobile Emission Control Systems Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Automobile Emission Control Systems market.
- The market share of the Automobile Emission Control Systems market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Automobile Emission Control Systems market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Automobile Emission Control Systems market.
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