What is the Market Size Analysis for Automotive Exhaust Systems from 2024-2029?
The automotive exhaust systems market size has shown strong growth in recent years, increasing from $42.3 billion in 2024 to $44.8 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. This growth can be attributed to regulatory emissions standards, consumer demand, vehicle production growth, fuel efficiency requirements, and noise pollution control.
Looking forward, the automotive exhaust systems market is projected to continue its robust growth. It is forecasted to shoot up to $59.68 billion in 2029 at a CAGR of 7.4%. This future growth is linked to the development of electric and hybrid vehicles, lightweight materials, autonomous vehicles, the aftermarket and retrofit market, hydrogen fuel cell vehicles, recycling, sustainability, and emissions reduction goals.
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How is Automobile Production Driving the Automotive Exhaust Systems Market?
The growth in automobile production is a major driving factor for the automotive exhaust systems market. Rising disposable income among individuals in both developed and developing nations, along with the growing demand for personal vehicles for daily commutes has contributed to the surging demand for automobiles worldwide. Due to the rise in the production of vehicles, there is a growing demand for automotive exhaust systems as they are a vital component in manufacturing automobiles. Consequently, this growing demand is expected to bolster the utilization of automotive exhaust systems in the coming years.
What Are the Major Segments in the Global Automotive Exhaust Systems Market?
1) By Technology: Diesel Oxidation Catalyst (DOC), Diesel Particulate Filter (DPF), Selective Catalytic Reduction (SCR), Exhaust Gas Recirculation (EGR), Gasoline Particulate Filter (GPF), and Other Technologies.
2) By Vehicle Type: Passenger Cars, Light Commercial Vehicle, Truck, and Bus.
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Which Companies are Major Players in the Automotive Exhaust Systems Market?
Major companies operating in the automotive exhaust systems market include Benteler International AG, Continental AG, Eberspacher Group, Faurecia SE, Friedrich Boysen GmbH & Co. KG, Tenneco Inc., MagnaFlow, Borla Performance Industries, Bosal Industries Limited, Sejong Industrial Co. Ltd., Yutaka Giken Co. Ltd., Sango Co. Ltd., Futaba Industrial Co. Ltd., Kolbenschmidt Pierburg AG, Delphi Technologies, Tata AutoComp Systems Limited, Eminox Ltd., Calsonic Kansei Corporation, AP Exhaust Products Inc., Sankei Giken Kogyo Co. Ltd., Motus Integrated Technologies, Meritor Inc., Sharda Motor Industries Ltd., Johnson Matthey plc, Arvin Sango Inc., CECO Environmental Corporation, Flowmaster Inc., Dynomax Inc., Crown, Katcon SA de CV.
What Are the Emerging Trends in the Automotive Exhaust Systems Market?
One key trend gaining popularity in the automotive exhaust systems market is the establishment of new production plants. Companies operating in this market are focused on building new manufacturing plants to expand their business reach in emerging markets.
Which Region Holds the Maximum Share in the Automotive Exhaust Systems Market?
Asia-Pacific was the largest region in the automotive exhaust systems market in 2024, followed by Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
How Is The Automotive Exhaust Systems Market Defined in Our Report 2025?
The automotive exhaust systems refer to a system that collects and removes exhaust gases from a vehicle by eliminating harmful substances. They reduce the level of noise and disperse filtered exhaust away from the vehicle’s occupants. Optimal air levels within the vehicle’s engine are maintained by performance exhaust systems thus decreasing the need for the engine to consume extra fuel to compensate for dirty air levels.
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