Europe Automotive Exhaust Aftertreatment Systems Market Growth, Opportunity and Business Outlook 2020-2025

Europe Automotive Exhaust Aftertreatment Systems Market Growth, Opportunity and Business Outlook 2020-2025

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Oct 23, 2020 (Market Insight Reports) —
Europe Automotive Exhaust Aftertreatment Systems Market Size, Status And Outlook 2020-2025

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The Europe Automotive Exhaust Aftertreatment Systems Market is anticipated to register a CAGR of about 6.92% during the forecast period (2020 -2025).

– The technological level for the Automotive Exhaust Aftertreatment Systems Market has evolved with the emergence of modern engine design and active exhaust gas aftertreatment systems. As a result of all this, there is decrease of exhaust emissions from automobiles over the last decade. Although, with continuous production in vehicle numbers and with car ownership reaching at its all-time high, the challenges for scientists and engineers to develop further improved exhaust aftertreatment systems has been much focused and researched upon.
– EU Parliament and the Council have started legislating targeted CO2 emissions post 2019. The parliament had earlier proposed 30% reduction in CO2 emissions on light-duty vehicles between 2020-2025. But now parliament has voted to increase the reduction rate to 40%. Also, stringent restrictions have been put under this new law ever since the Volkswagen emissions scandal. These type of initiatives are likely to increase the automotive exhaust aftertreatment system market in the country.

Top Companies:Delphi Technologies PLC, Cummins, Tenneco Inc., Donaldson Company, Bosal Group, John Matthey, and Magneti Marelli.

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Key Market Trends

Growth in Emission Control Technology in Automotive and Transportation Industry

Exhaust Aftertreatment Systems engineers work hand in hand with OEM manufacturers to develop emissions control systems that enable both gasoline and diesel-powered engines to provide cost effective solution while also mandating emissions level regulation set by government.

With technologies such as Particulate control, compound control, NOX control system and newer exhaust system featuring air gap pipe, designed to work together with other components, provide superior thermal efficiency and improve fuel economy.

The Diesel Particulate filter (DPF) provides effective solution in which an advanced modular design allows easy cleaning and servicing of engine vehicle for every 200,000 miles. Technologies such as the ash modeling particulate Computer Aided Engineering and computational fluid dynamics help design better DPF system. Also, such an advanced design allows technicians to remove the DPF from any vehicle in less than 15 minutes.

Stringent Emission Control Regulations Driving Growth

European Automobile Manufacturers Association has around 250 million passenger cars and 30 million light commercial vehicles. Around 42 % of the passenger cars all light commercial vehicles remain diesel-powered. Moreover, reports suggest that over 93 million of these diesel vehicles do not have diesel particulate filters present.
– After Volkswagen Scandal, the automotive exhaust emission testing had come under global scrutiny. Resulting in the European Commission to gain greater authority when coming to the approval of car models in Europe. When the uncovered US Volkswagen Scandal, led to an EU recall of 8.5 million vehicles, pushed the automaker into a crisis and left policy makers in Europe scrambling to patch up regulatory loopholes that had existed since the 1990s
– These cars emitted 40% more the legal limit of nitrogen dioxide (NOx). While now a days cars with new diesel engines are cleaner, manufacturers are still exploiting loopholes to sell cars that are emit much more pollutants than required. However, organizations such as the New European Driving Cycle (NEDC) have now taken up the task to certify exhaust emissions of cars and light commercial vehicles, including NOx by themselves instead of accepting third part validation

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Significant Features that are under Offering and Key Highlights of the Reports:

-Detailed overview of Europe Automotive Exhaust Aftertreatment Systems Market
-Changing Europe Automotive Exhaust Aftertreatment Systems market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current and projected Europe Automotive Exhaust Aftertreatment Systems market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Europe Automotive Exhaust Aftertreatment Systems Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

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