Global Automotive Exhaust Parts market cagr 15.3%

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Automotive Exhaust Parts

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Automotive Exhaust Parts Market Size and Growth

The Automotive Exhaust Parts market is experiencing growth driven by rising vehicle production and stringent emission regulations. In 2023, the market size is valued at approximately USD 14 billion, with a projected CAGR of 5% over the next five years, reflecting increasing demand for efficient exhaust systems and eco-friendly technologies.

Companies Covered (Covid 19 Impact Covered)

◍ Bosch (Germany)

◍ Faurecia (France)

◍ Johnson Matthey (UK)

◍ Tenneco (USA)

◍ Hitachi Metals (Japan)

◍ Futaba Industrial (Japan)

◍ Trelleborg (Sweden)

◍ Martinrea International (Canada)

◍ Donaldson (USA)

◍ ElringKlinger (Germany)

◍ Aisan Industry (Japan)

◍ Inoac (Japan)

◍ Shiloh Industries (USA)

◍ Mikuni (Japan)

The automotive exhaust parts market is competitive, with key players like Bosch, Faurecia, Johnson Matthey, and Tenneco innovating in emissions reduction technologies. They enhance market growth through R&D, product diversification, and strategic partnerships. Notable 2022 revenues include Bosch ($91 billion) and Tenneco ($16.4 billion), driving industry advancements.

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Market Segmentation

By Application

Passenger Cars

Commercial Vehicles

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By Product

Mufflers

Pipes

Catalytic Converters

Others

Market Growth

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$ X Billion USD

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