Automotive Exhaust Aftertreatment Systems Market Size (2024 - 2029)

The automotive exhaust aftertreatment systems market is poised for significant growth, driven by increasing demand for reduced vehicle emissions and stringent government regulations. Despite challenges posed by the COVID-19 pandemic, which severely impacted vehicle sales and aftermarket services, the market's future appears promising. Technical obstacles, such as the complexity of systems for biodiesel and the need for specific driving conditions for effective soot cleaning, have hindered expansion. Nevertheless, the recovery of the global automotive sector and the establishment of production facilities in emerging markets are expected to create new opportunities for market expansion.

Home Market Analysis Automotive Research Auto Parts Research Automotive Exterior Products Research Vehicle Exhaust System Research Automotive Exhaust Aftertreatment Systems Market Market Size

Market Size of Automotive Exhaust Aftertreatment Systems Industry

Automotive Exhaust Aftertreatment Systems Market Overview
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 18.50 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Automotive Exhaust Aftertreatment Systems Market Major Players

*Disclaimer: Major Players sorted in no particular order

Automotive Exhaust Aftertreatment Systems Market Analysis

The automotive exhaust aftertreatment systems market was valued at USD 23.7 billion in 2021 and is anticipated to reach USD 54.4 billion in 2027, registering a CAGR of over 18.5% during the forecast period (2022-2027).

The COVID-19 pandemic had a severe impact on the market. With the record low sales of passenger and commercial vehicles worldwide, the demand for exhaust after-treatment systems was almost significantly affected. The lockdown and social distancing norms worldwide caused the aftermarket business of the after-treatment systems to plummet. However, with the restrictions gradually being relaxed, the growing need for lesser emissions from vehicles of all sizes, and strict emission norms levied by governments of different nations, the future market for this industry looks hopeful.

Technical difficulties, such as high pressure to force the exhaust through the filtering system, unavailability of these systems for biodiesel, passive regeneration system requiring highway driving to clean the accumulated soot, and complicated set-up for urea injection have acted as barricades for the market growth. However, the recovering global automotive industry and increasing production sites in developing nations, such as Mexico and India, are opening up new opportunities for market growth by 2027.

Automotive Exhaust Aftertreatment Systems Industry Segmentation

The automotive exhaust aftertreatment system market is segmented by fuel type (gasoline and diesel), vehicle type (passenger cars and commercial vehicles), and geography (North America, Europe, Asia-Pacific, and Rest of the World). The report offers market size and forecasts for automotive exhaust aftertreatment systems in volume and value (in USD billion), for all the above segments.

Fuel Type
Gasoline
Diesel
Vehicle Type
Passenger Cars
Commercial Vehicles
Geography
North America
United States
Canada
Rest of North America
Europe
Germany
United Kingdom
France
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Rest of the World
South America
Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

Automotive Exhaust Aftertreatment Systems Market Size Summary

The automotive exhaust aftertreatment systems market is poised for significant growth, driven by increasing demand for reduced vehicle emissions and stringent government regulations worldwide. The market, which faced challenges due to the COVID-19 pandemic, is recovering as restrictions ease and the global automotive industry rebounds. The need for advanced exhaust aftertreatment systems is particularly pronounced in regions like Asia-Pacific, where economic growth and rising consumer purchasing power are boosting vehicle sales. The demand for diesel engines is also expected to rise, fueled by the expanding construction and logistics sectors. However, manufacturers are under pressure to develop systems that meet increasingly stringent emission standards, such as those in India and China, which are leapfrogging to more advanced norms.

Key players in the market, including CDTi Advanced Materials Inc., Delphi Technologies PLC, and Tenneco Inc., are investing in research and development to innovate and expand their product offerings. Collaborations, such as the partnership between Eaton and Tenneco, aim to enhance thermal management systems to meet emission regulations. The market's growth is further supported by the establishment of manufacturing plants in developing countries and the introduction of new technologies to reduce harmful emissions. As the automotive industry continues to evolve, the exhaust aftertreatment systems market is expected to experience robust expansion, driven by technological advancements and regulatory pressures.

Explore More

Automotive Exhaust Aftertreatment Systems Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Driver

    2. 1.2 Market Restraint

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Fuel Type

      1. 2.1.1 Gasoline

      2. 2.1.2 Diesel

    2. 2.2 Vehicle Type

      1. 2.2.1 Passenger Cars

      2. 2.2.2 Commercial Vehicles

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Rest of North America

      2. 2.3.2 Europe

        1. 2.3.2.1 Germany

        2. 2.3.2.2 United Kingdom

        3. 2.3.2.3 France

        4. 2.3.2.4 Spain

        5. 2.3.2.5 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 Japan

        3. 2.3.3.3 India

        4. 2.3.3.4 South Korea

        5. 2.3.3.5 Rest of Asia-Pacific

      4. 2.3.4 Rest of the World

        1. 2.3.4.1 South America

        2. 2.3.4.2 Middle-East and Africa

Automotive Exhaust Aftertreatment Systems Market Size FAQs

The Automotive Exhaust Aftertreatment Systems Market is projected to register a CAGR of greater than 18.5% during the forecast period (2024-2029)

Continental Reifen Deutschland GmbH, Delphi Technologies PLC, Tenneco Inc., Donaldson Company Inc. and CDTi Advanced Materials Inc. are the major companies operating in the Automotive Exhaust Aftertreatment Systems Market.

Automotive Exhaust Aftertreatment Systems Market Report Snapshots

Automotive Exhaust Aftertreatment Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)