Lucintel's latest market report analyzed that automotive emission control system provides attractive opportunities in passenger cars and commercial vehicles. The automotive emission control system market is expected to reach $81.1 billion by 2027 with a CAGR of 8.1%. In this market, catalytic converter is the largest segment by product type. The introduction of Nox emission control technology, and development of lightweight emission control system provides strategic growth path in this market.
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Based on product type, the automotive emission control system market is segmented into oxygen sensor, EGR valve, catalytic converter, air pump, PCV valve, and charcoal canister. The catalytic converter segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to helps in reducing the release of harmful gases from internal combustion engines and other components.
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The Automotive Emission Control System Market is marked by the presence of several big and small players. Some of the prominent players offering automotive emission control system include Faurecia, Futaba Industrial Co, Eberspaecher, Tenneco Inc., and Yutaka Giken Co. Ltd.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
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