Fact.MR has recently published a fresh research report titled “Exhaust System Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022”, added to its broad online database. This assessment is a comprehensive study which targets the overall car exhaust system market with a deep focus on primary factors like market taxonomy, Y-o-Y growth, market size (US$ Mn), supply chain as well as market dynamics comprising prominent market drivers, trends and restraints.  According to research findings, the car exhaust system market is anticipated to acquire valuation close to U$ 57.5 Bn by 2022. One of the chief market motivator at present is the rising emphasis towards stringent regulations concerning emission control that have induced remarkable innovations within the car exhaust system market.

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Over the years, it has been noticed that car exhaust systems have established their place as a crucial component integrated in almost all types of modern vehicles. This report functions to educate readers about the bolstering demand for car exhaust systems and its global market expanse. In addition, the contribution by leading manufacturers is also studied in the later sections to build a better understanding about the market space.

OEMs Inclined to Collect Sizable Revenue Share

According to this research report, OEM is prophesied to emerge as the most lucrative sales channel across the global car exhaust systems market. Since massive transmutations are underway in the global auto business, OEMs of exhaust systems are required to match pace with these technological developments. Interestingly, over 60% share in the global market for car exhaust systems is controlled by OEMs, with higher expectations set for the coming years.

APEJ Viewed as Profitable Ground for Market Operations

The report carefully discourses the geographical outlook highlight Asia Pacific excluding Japan (APEJ) as a gainful market region in the near future. It is projected to exhibit beneficial aspects for car exhaust systems market during the stated forecast period. Looking at the lucrativeness of this particular region, numerous automotive giants are contending to multiply their operations across APEJ since demand for passenger and commercial vehicles is expanding. Furthermore, diesel is estimated to acquire a valuation worth US$ 36 Bn by 2022-end, which can be recognized to drive the growing inclination for vehicles functioned on diesel.

Emission Control Standards Inspire Noble Progresses in Exhaust Systems

The implementation of stringent regulations concerning emission control have encouraged high-end innovations in car exhaust systems. A radical shift is noticed which highlights the heavy integration of selective catalytic reduction (SCR) technology merged with exhaust systems; this helps to recover the fuel efficiency by monitoring NOx emissions. At present, automotive titans such as Mercedes-Benz, Volkswagen and BMW have already launched this technology with passenger car exhaust systems.

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With the conclusion of the report, readers can enhance their knowledge by accessing data associated to competitive outlook prevailing across the global car exhaust systems market. Each of the leading player is scrutinized on the basis of crucial parameters like relative market foothold, differential strategies and product offerings. The major companies operating in the car exhaust systems market include Futaba Industrial Co., Ltd., Tenneco Inc., Ltd., Faurecia, Friedrich Boysen GmbH & Co. KG, Sango Co., Ltd, Benteler International AG, Yutaka Giken Co. and Eberspacher.