Exhaust System Market Size - Share by 2031
The Exhaust System Market is expected to register a CAGR of 4.6% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Vehicle Type (Passenger Cars, LCV, HCV); Fuel Type (Gasoline, Diesel); Components (Exhaust Valve, Exhaust Manifold, Oxygen Sensor, Exhaust Pipe, Catalytic Convertor, Muffler, Tail Pipe); After Treatment Device (Diesel Oxidation Catalyst (DOC), Diesel Particulate Filter (DPF), Lean Nox Trap (LNT), Selective Catalytic Reduction (SCR)); Sales Channel (OEM, Aftermarket). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Exhaust System Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Exhaust System Market Segmentation
Vehicle Type- Passenger Cars
- LCV
- HCV
- Exhaust Valve
- Exhaust Manifold
- Oxygen Sensor
- Exhaust Pipe
- Catalytic Convertor
- Muffler
- Tail Pipe
- Diesel Oxidation Catalyst
- OEM
- Aftermarket
- OEM
- Aftermarket
Strategic Insights
Exhaust System Market Growth Drivers- Consumer Demand for Efficiency: As consumers become concerned with the sky-high prices of fuel and environmental degradation, they will seek less fuel-guzzling vehicles, thus encouraging manufacturers to innovate and produce the best available exhaust systems that ensure an effective combustion of fuel so as not to waste much while it burns; this necessitates better efficiency for a vehicle.
- Tight Emission Controls: Increasingly stringent emissions norms around the world are compelling automobile manufacturers to look for a way of improving their exhaust systems. The compulsion to adhere more will speed up innovative technologies that bring forth reduced harmful emissions along with improved overall performance of the vehicle.
- Integration of Smart Technologies: Growing the trend for car personalization and performance improvement creates opportunities in the aftermarket through exhaust systems. Upgraded components and performance kits become possible deals that manufacturers can make to meet enthusiasts' and consumers' requirements in a performance where greater efficiency can be achieved from.
- Electric Vehicle Growth:Growing the trend for car personalization and performance improvement creates opportunities in the aftermarket through exhaust systems. Upgraded components and performance kits become possible deals that manufacturers can make to meet enthusiasts' and consumers' requirements in a performance where greater efficiency can be achieved from.
- Adoption of Advanced Materials: Exhaust systems start using advanced materials like lightweight alloys and composites. Their strength increases, and durability improves while keeping the overall weight of the vehicle to minimum, which increases fuel efficiency.
- Research in noise reduction technologies: The increased demand for quiet vehicles will help propel innovation in the design of exhaust systems. Manufacturers are going to trend advanced noise-reduction technology into designs such that performance will not be compromised, and therefore sound could be reduced with an improved driving experience.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Exhaust System Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Exhaust System Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Exhaust System Market is estimated to witness a CAGR of 4.6% from 2023 to 2031
The major factors driving the Exhaust System Market are: Consumer Demand for Efficiency#Tight Emission Controls
Adoption of advanced materials is the key future trend of the Exhaust System Market
The leading players operating in the Exhaust System Market include Futaba Industrial Co., Ltd., Sango Co. Ltd., Yutaka Giken Company Limited, Sejong Industrial Co., Ltd., Hirotec Corporation, Sharada Motor Industries Limited, Marelli Holdings Co. Ltd.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Exhaust System Market - By Vehicle Type
1.3.2 Exhaust System Market - By Fuel Type
1.3.3 Exhaust System Market - By Components
1.3.4 Exhaust System Market - By After Treatment Device
1.3.5 Exhaust System Market - By Sales Channel
1.3.6 Exhaust System Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. EXHAUST SYSTEM MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. EXHAUST SYSTEM MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. EXHAUST SYSTEM MARKET - GLOBAL MARKET ANALYSIS
6.1. EXHAUST SYSTEM - GLOBAL MARKET OVERVIEW
6.2. EXHAUST SYSTEM - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. EXHAUST SYSTEM MARKET - REVENUE AND FORECASTS TO 2027 - VEHICLE TYPE
7.1. OVERVIEW
7.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
7.3. PASSENGER CARS
7.3.1. Overview
7.3.2. Passenger Cars Market Forecast and Analysis
7.4. LCV
7.4.1. Overview
7.4.2. LCV Market Forecast and Analysis
7.5. HCV
7.5.1. Overview
7.5.2. HCV Market Forecast and Analysis
8. EXHAUST SYSTEM MARKET - REVENUE AND FORECASTS TO 2027 - FUEL TYPE
8.1. OVERVIEW
8.2. FUEL TYPE MARKET FORECASTS AND ANALYSIS
8.3. GASOLINE
8.3.1. Overview
8.3.2. Gasoline Market Forecast and Analysis
8.4. DIESEL
8.4.1. Overview
8.4.2. Diesel Market Forecast and Analysis
9. EXHAUST SYSTEM MARKET - REVENUE AND FORECASTS TO 2027 - COMPONENTS
9.1. OVERVIEW
9.2. COMPONENTS MARKET FORECASTS AND ANALYSIS
9.3. EXHAUST VALVE
9.3.1. Overview
9.3.2. Exhaust Valve Market Forecast and Analysis
9.4. EXHAUST MANIFOLD
9.4.1. Overview
9.4.2. Exhaust Manifold Market Forecast and Analysis
9.5. OXYGEN SENSOR
9.5.1. Overview
9.5.2. Oxygen Sensor Market Forecast and Analysis
9.6. EXHAUST PIPE
9.6.1. Overview
9.6.2. Exhaust Pipe Market Forecast and Analysis
9.7. CATALYTIC CONVERTOR
9.7.1. Overview
9.7.2. Catalytic Convertor Market Forecast and Analysis
9.8. MUFFLER
9.8.1. Overview
9.8.2. Muffler Market Forecast and Analysis
9.9. TAIL PIPE
9.9.1. Overview
9.9.2. Tail Pipe Market Forecast and Analysis
10. EXHAUST SYSTEM MARKET - REVENUE AND FORECASTS TO 2027 - AFTER TREATMENT DEVICE
10.1. OVERVIEW
10.2. AFTER TREATMENT DEVICE MARKET FORECASTS AND ANALYSIS
10.3. DIESEL OXIDATION CATALYST (DOC)
10.3.1. Overview
10.3.2. Diesel Oxidation Catalyst (DOC) Market Forecast and Analysis
10.4. DIESEL PARTICULATE FILTER (DPF)
10.4.1. Overview
10.4.2. Diesel Particulate Filter (DPF) Market Forecast and Analysis
10.5. LEAN NOX TRAP (LNT)
10.5.1. Overview
10.5.2. Lean Nox Trap (LNT) Market Forecast and Analysis
10.6. SELECTIVE CATALYTIC REDUCTION (SCR)
10.6.1. Overview
10.6.2. Selective Catalytic Reduction (SCR) Market Forecast and Analysis
11. EXHAUST SYSTEM MARKET - REVENUE AND FORECASTS TO 2027 - SALES CHANNEL
11.1. OVERVIEW
11.2. SALES CHANNEL MARKET FORECASTS AND ANALYSIS
11.3. OEM
11.3.1. Overview
11.3.2. OEM Market Forecast and Analysis
11.4. AFTERMARKET
11.4.1. Overview
11.4.2. Aftermarket Market Forecast and Analysis
12. EXHAUST SYSTEM MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Exhaust System Market Overview
12.1.2 North America Exhaust System Market Forecasts and Analysis
12.1.3 North America Exhaust System Market Forecasts and Analysis - By Vehicle Type
12.1.4 North America Exhaust System Market Forecasts and Analysis - By Fuel Type
12.1.5 North America Exhaust System Market Forecasts and Analysis - By Components
12.1.6 North America Exhaust System Market Forecasts and Analysis - By After Treatment Device
12.1.7 North America Exhaust System Market Forecasts and Analysis - By Sales Channel
12.1.8 North America Exhaust System Market Forecasts and Analysis - By Countries
12.1.8.1 United States Exhaust System Market
12.1.8.1.1 United States Exhaust System Market by Vehicle Type
12.1.8.1.2 United States Exhaust System Market by Fuel Type
12.1.8.1.3 United States Exhaust System Market by Components
12.1.8.1.4 United States Exhaust System Market by After Treatment Device
12.1.8.1.5 United States Exhaust System Market by Sales Channel
12.1.8.2 Canada Exhaust System Market
12.1.8.2.1 Canada Exhaust System Market by Vehicle Type
12.1.8.2.2 Canada Exhaust System Market by Fuel Type
12.1.8.2.3 Canada Exhaust System Market by Components
12.1.8.2.4 Canada Exhaust System Market by After Treatment Device
12.1.8.2.5 Canada Exhaust System Market by Sales Channel
12.1.8.3 Mexico Exhaust System Market
12.1.8.3.1 Mexico Exhaust System Market by Vehicle Type
12.1.8.3.2 Mexico Exhaust System Market by Fuel Type
12.1.8.3.3 Mexico Exhaust System Market by Components
12.1.8.3.4 Mexico Exhaust System Market by After Treatment Device
12.1.8.3.5 Mexico Exhaust System Market by Sales Channel
12.2. EUROPE
12.2.1 Europe Exhaust System Market Overview
12.2.2 Europe Exhaust System Market Forecasts and Analysis
12.2.3 Europe Exhaust System Market Forecasts and Analysis - By Vehicle Type
12.2.4 Europe Exhaust System Market Forecasts and Analysis - By Fuel Type
12.2.5 Europe Exhaust System Market Forecasts and Analysis - By Components
12.2.6 Europe Exhaust System Market Forecasts and Analysis - By After Treatment Device
12.2.7 Europe Exhaust System Market Forecasts and Analysis - By Sales Channel
12.2.8 Europe Exhaust System Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Exhaust System Market
12.2.8.1.1 Germany Exhaust System Market by Vehicle Type
12.2.8.1.2 Germany Exhaust System Market by Fuel Type
12.2.8.1.3 Germany Exhaust System Market by Components
12.2.8.1.4 Germany Exhaust System Market by After Treatment Device
12.2.8.1.5 Germany Exhaust System Market by Sales Channel
12.2.8.2 France Exhaust System Market
12.2.8.2.1 France Exhaust System Market by Vehicle Type
12.2.8.2.2 France Exhaust System Market by Fuel Type
12.2.8.2.3 France Exhaust System Market by Components
12.2.8.2.4 France Exhaust System Market by After Treatment Device
12.2.8.2.5 France Exhaust System Market by Sales Channel
12.2.8.3 Italy Exhaust System Market
12.2.8.3.1 Italy Exhaust System Market by Vehicle Type
12.2.8.3.2 Italy Exhaust System Market by Fuel Type
12.2.8.3.3 Italy Exhaust System Market by Components
12.2.8.3.4 Italy Exhaust System Market by After Treatment Device
12.2.8.3.5 Italy Exhaust System Market by Sales Channel
12.2.8.4 United Kingdom Exhaust System Market
12.2.8.4.1 United Kingdom Exhaust System Market by Vehicle Type
12.2.8.4.2 United Kingdom Exhaust System Market by Fuel Type
12.2.8.4.3 United Kingdom Exhaust System Market by Components
12.2.8.4.4 United Kingdom Exhaust System Market by After Treatment Device
12.2.8.4.5 United Kingdom Exhaust System Market by Sales Channel
12.2.8.5 Russia Exhaust System Market
12.2.8.5.1 Russia Exhaust System Market by Vehicle Type
12.2.8.5.2 Russia Exhaust System Market by Fuel Type
12.2.8.5.3 Russia Exhaust System Market by Components
12.2.8.5.4 Russia Exhaust System Market by After Treatment Device
12.2.8.5.5 Russia Exhaust System Market by Sales Channel
12.2.8.6 Rest of Europe Exhaust System Market
12.2.8.6.1 Rest of Europe Exhaust System Market by Vehicle Type
12.2.8.6.2 Rest of Europe Exhaust System Market by Fuel Type
12.2.8.6.3 Rest of Europe Exhaust System Market by Components
12.2.8.6.4 Rest of Europe Exhaust System Market by After Treatment Device
12.2.8.6.5 Rest of Europe Exhaust System Market by Sales Channel
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Exhaust System Market Overview
12.3.2 Asia-Pacific Exhaust System Market Forecasts and Analysis
12.3.3 Asia-Pacific Exhaust System Market Forecasts and Analysis - By Vehicle Type
12.3.4 Asia-Pacific Exhaust System Market Forecasts and Analysis - By Fuel Type
12.3.5 Asia-Pacific Exhaust System Market Forecasts and Analysis - By Components
12.3.6 Asia-Pacific Exhaust System Market Forecasts and Analysis - By After Treatment Device
12.3.7 Asia-Pacific Exhaust System Market Forecasts and Analysis - By Sales Channel
12.3.8 Asia-Pacific Exhaust System Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Exhaust System Market
12.3.8.1.1 Australia Exhaust System Market by Vehicle Type
12.3.8.1.2 Australia Exhaust System Market by Fuel Type
12.3.8.1.3 Australia Exhaust System Market by Components
12.3.8.1.4 Australia Exhaust System Market by After Treatment Device
12.3.8.1.5 Australia Exhaust System Market by Sales Channel
12.3.8.2 China Exhaust System Market
12.3.8.2.1 China Exhaust System Market by Vehicle Type
12.3.8.2.2 China Exhaust System Market by Fuel Type
12.3.8.2.3 China Exhaust System Market by Components
12.3.8.2.4 China Exhaust System Market by After Treatment Device
12.3.8.2.5 China Exhaust System Market by Sales Channel
12.3.8.3 India Exhaust System Market
12.3.8.3.1 India Exhaust System Market by Vehicle Type
12.3.8.3.2 India Exhaust System Market by Fuel Type
12.3.8.3.3 India Exhaust System Market by Components
12.3.8.3.4 India Exhaust System Market by After Treatment Device
12.3.8.3.5 India Exhaust System Market by Sales Channel
12.3.8.4 Japan Exhaust System Market
12.3.8.4.1 Japan Exhaust System Market by Vehicle Type
12.3.8.4.2 Japan Exhaust System Market by Fuel Type
12.3.8.4.3 Japan Exhaust System Market by Components
12.3.8.4.4 Japan Exhaust System Market by After Treatment Device
12.3.8.4.5 Japan Exhaust System Market by Sales Channel
12.3.8.5 South Korea Exhaust System Market
12.3.8.5.1 South Korea Exhaust System Market by Vehicle Type
12.3.8.5.2 South Korea Exhaust System Market by Fuel Type
12.3.8.5.3 South Korea Exhaust System Market by Components
12.3.8.5.4 South Korea Exhaust System Market by After Treatment Device
12.3.8.5.5 South Korea Exhaust System Market by Sales Channel
12.3.8.6 Rest of Asia-Pacific Exhaust System Market
12.3.8.6.1 Rest of Asia-Pacific Exhaust System Market by Vehicle Type
12.3.8.6.2 Rest of Asia-Pacific Exhaust System Market by Fuel Type
12.3.8.6.3 Rest of Asia-Pacific Exhaust System Market by Components
12.3.8.6.4 Rest of Asia-Pacific Exhaust System Market by After Treatment Device
12.3.8.6.5 Rest of Asia-Pacific Exhaust System Market by Sales Channel
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Exhaust System Market Overview
12.4.2 Middle East and Africa Exhaust System Market Forecasts and Analysis
12.4.3 Middle East and Africa Exhaust System Market Forecasts and Analysis - By Vehicle Type
12.4.4 Middle East and Africa Exhaust System Market Forecasts and Analysis - By Fuel Type
12.4.5 Middle East and Africa Exhaust System Market Forecasts and Analysis - By Components
12.4.6 Middle East and Africa Exhaust System Market Forecasts and Analysis - By After Treatment Device
12.4.7 Middle East and Africa Exhaust System Market Forecasts and Analysis - By Sales Channel
12.4.8 Middle East and Africa Exhaust System Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Exhaust System Market
12.4.8.1.1 South Africa Exhaust System Market by Vehicle Type
12.4.8.1.2 South Africa Exhaust System Market by Fuel Type
12.4.8.1.3 South Africa Exhaust System Market by Components
12.4.8.1.4 South Africa Exhaust System Market by After Treatment Device
12.4.8.1.5 South Africa Exhaust System Market by Sales Channel
12.4.8.2 Saudi Arabia Exhaust System Market
12.4.8.2.1 Saudi Arabia Exhaust System Market by Vehicle Type
12.4.8.2.2 Saudi Arabia Exhaust System Market by Fuel Type
12.4.8.2.3 Saudi Arabia Exhaust System Market by Components
12.4.8.2.4 Saudi Arabia Exhaust System Market by After Treatment Device
12.4.8.2.5 Saudi Arabia Exhaust System Market by Sales Channel
12.4.8.3 U.A.E Exhaust System Market
12.4.8.3.1 U.A.E Exhaust System Market by Vehicle Type
12.4.8.3.2 U.A.E Exhaust System Market by Fuel Type
12.4.8.3.3 U.A.E Exhaust System Market by Components
12.4.8.3.4 U.A.E Exhaust System Market by After Treatment Device
12.4.8.3.5 U.A.E Exhaust System Market by Sales Channel
12.4.8.4 Rest of Middle East and Africa Exhaust System Market
12.4.8.4.1 Rest of Middle East and Africa Exhaust System Market by Vehicle Type
12.4.8.4.2 Rest of Middle East and Africa Exhaust System Market by Fuel Type
12.4.8.4.3 Rest of Middle East and Africa Exhaust System Market by Components
12.4.8.4.4 Rest of Middle East and Africa Exhaust System Market by After Treatment Device
12.4.8.4.5 Rest of Middle East and Africa Exhaust System Market by Sales Channel
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Exhaust System Market Overview
12.5.2 South and Central America Exhaust System Market Forecasts and Analysis
12.5.3 South and Central America Exhaust System Market Forecasts and Analysis - By Vehicle Type
12.5.4 South and Central America Exhaust System Market Forecasts and Analysis - By Fuel Type
12.5.5 South and Central America Exhaust System Market Forecasts and Analysis - By Components
12.5.6 South and Central America Exhaust System Market Forecasts and Analysis - By After Treatment Device
12.5.7 South and Central America Exhaust System Market Forecasts and Analysis - By Sales Channel
12.5.8 South and Central America Exhaust System Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Exhaust System Market
12.5.8.1.1 Brazil Exhaust System Market by Vehicle Type
12.5.8.1.2 Brazil Exhaust System Market by Fuel Type
12.5.8.1.3 Brazil Exhaust System Market by Components
12.5.8.1.4 Brazil Exhaust System Market by After Treatment Device
12.5.8.1.5 Brazil Exhaust System Market by Sales Channel
12.5.8.2 Argentina Exhaust System Market
12.5.8.2.1 Argentina Exhaust System Market by Vehicle Type
12.5.8.2.2 Argentina Exhaust System Market by Fuel Type
12.5.8.2.3 Argentina Exhaust System Market by Components
12.5.8.2.4 Argentina Exhaust System Market by After Treatment Device
12.5.8.2.5 Argentina Exhaust System Market by Sales Channel
12.5.8.3 Rest of South and Central America Exhaust System Market
12.5.8.3.1 Rest of South and Central America Exhaust System Market by Vehicle Type
12.5.8.3.2 Rest of South and Central America Exhaust System Market by Fuel Type
12.5.8.3.3 Rest of South and Central America Exhaust System Market by Components
12.5.8.3.4 Rest of South and Central America Exhaust System Market by After Treatment Device
12.5.8.3.5 Rest of South and Central America Exhaust System Market by Sales Channel
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. EXHAUST SYSTEM MARKET, KEY COMPANY PROFILES
14.1. BENTELER INTERNATIONAL AG
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. BOSAL GROUP
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. EBERSPäCHER GROUP
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. FAURECIA
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. FUTABA INDUSTRIAL CO., LTD
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. ROBERT BOSCH GMBH
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. SANGO CO., LTD
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. SEJONG INDUSTRIAL CO., LTD.
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. TENNECO INC.
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. YUTAKA GIKEN COMPANY LIMITED
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
The List of Companies
1. Benteler International AG
2. BOSAL Group
3. Eberspächer Group
4. Faurecia
5. Futaba Industrial Co., Ltd
6. Robert Bosch GmbH
7. SANGO Co., Ltd
8. Sejong Industrial Co., Ltd.
9. Tenneco Inc.
10. Yutaka Giken Company Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.