In 2021, the global Automotive Exhaust Emission Control Systems Market reported
revenues of approximately US$35 billion, marking a significant milestone in the
industry. As we approach the end of 2030, this market is gearing up for robust growth,
driven by increasing regulatory scrutiny over vehicle emissions and the urgent need for
sustainable transportation solutions.
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Market Analysis Overview
The global carbon footprint has seen a steady rise, with CO2 concentrations increasing
from 391 ppm to nearly 480 ppm over the last decade. The transportation sector alone
contributes nearly 14% of total carbon emissions globally. While electric vehicles (EVs)
are gaining traction, internal combustion engine (ICE) vehicles are expected to remain
dominant for the next 2-3 decades. This underscores the continuing significance of
automotive exhaust emission control systems in mitigating vehicular emissions.
Key Findings from the Report
1. Market Size and Regulatory Trends: The automotive exhaust emission control
systems market reached US$35 billion in 2021. Ongoing refinements in emission
regulations and standards such as The Clean Air Act (CAA), Euro 6, BS 4, and BS
6, alongside testing protocols like Worldwide Harmonised Light Vehicle Test
Procedure (WLTP) and Real Driving Emissions (RDE), are pivotal in driving market
growth.
2. Challenges and Opportunities: The phase-out of conventional ICE vehicles
poses a challenge to market growth, while the burgeoning EV market presents
long-term competition. However, growing consumer spending power and the
need for sophisticated emission control solutions present multiple growth
opportunities.
3. Impact of COVID-19: The pandemic disrupted supply chains and manufacturing
operations globally, impacting automotive component suppliers and raw
material availability. Despite these challenges, the shift towards private vehicle
ownership and the resurgence of demand post-pandemic offer a brief window
for market penetration.
Overview of Key Segments
Regionally, varying vehicle demands drive segmental revenues. The integration of
technologies like Gasoline Direct Injection (GDI) and particulate filters (GPF) in gasoline
vehicles to comply with stringent emission norms such as Euro 6 and Bharat 6
highlights regional disparities in emission control strategies. Diesel vehicles utilize
technologies like Diesel Particulate Filters (DPF), Diesel Oxidation Catalysts (DOC),
Selective Catalytic Reduction (SCR), and Lean NOX Traps (LNT) based on regional
emission standards.
Regional Growth Opportunities
Asia Pacific and European countries lead in automotive production, driven by favorable
regulatory environments and operational efficiencies. The fast-growing economies in
Asia Pacific, coupled with robust manufacturing capabilities, present substantial
growth prospects for the automotive exhaust emission control systems market.
Competitive Landscape
Key players in the global automotive exhaust emission control systems market include
Albonair GmbH, Bosch Rexroth, Calsonic Kansei Corporation, DENSO Corporation,
Faurecia, and Eberspacher Climate Control Systems GmbH & Co., KG, among others.
These companies are focusing on capacity expansions, sustainable product
innovations, and strategic partnerships to strengthen their market positions amidst
intensifying competition.