Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Tuesday, November 26, 2024

The Global Automotive Emission Control System Market is Expected to Grow with a CAGR of 8% from 2023 to 2030

According to a market report by Lucintel, the future of the global automotive emission control system market looks promising with opportunities in the oxygen sensor, egr valve, catalytic converter, air pump, Pcv valve, and charcoal canister markets. The global automotive emission control system market is expected to reach an estimated $88 billion by 2030 from $55 billion in 2023 at a CAGR of 8% from 2023 to 2030. The major drivers for this market are strict government policies on emissions, rising environmental consciousness, and innovation in technology.

In this market, passenger car, & commercial vehicle are the major segments of automotive emission control system market by type.

Lucintel forecasts that catalytic converter will remain the largest segment over the forecast period due to helps in reducing the release of harmful gases from internal combustion engines and other components..

Within this market, passenger car will remain the largest segment.

Download sample by clicking on automotive emission control system market.

Europe will remain the largest region over the forecast period.

Faurecia, Futaba Industrial, Eberspaecher, Tenneco, and Yutaka Giken are the major suppliers in the automotive emission control system market.

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 write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

Explore Our Latest Publications

Global Flame Retardant Resin in the Transportation Market

Composite Material in Global Wind Energy Market

Vinyl Ester Resin Market

Organic Binder Market

Composite Rebar Market

Confined Space Drone Market

Crop Inspection Drone Market

Custom Drone Market

Detachable Drone Market

Fixed-Wing Drone Market

 

No comments:

Post a Comment