Asia Pacific Automotive Exhaust Systems Market Size & Outlook
The automotive exhaust systems market in Asia Pacific is expected to reach a projected revenue of US$ 54,208.1 million by 2030. A compound annual growth rate of 8.9% is expected of Asia Pacific automotive exhaust systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$29,938.3
Forecast, 2030 (US$M)
$54,208.1
CAGR, 2024 - 2030
8.9%
Report Coverage
Asia Pacific
Related Markets
Asia Pacific automotive exhaust systems market highlights
- The Asia Pacific automotive exhaust systems market generated a revenue of USD 29,938.3 million in 2023.
- The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, exhaust manifold was the largest revenue generating component in 2023.
- Muffler is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 29,938.3 million |
| Market revenue in 2030 | USD 54,208.1 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Exhaust manifold |
| Fastest growing segment | Muffler |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Exhaust Manifold, Muffler, Catalytic Converter, Oxygen Sensor, Exhaust Pipes |
| Key market players worldwide | Benteler, BOSAL, Continental AG, Eberspächer, Forvia SE, Futaba Industrial, Boysen, Sejong, Tenneco, Giken Company |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 61.5% of the global automotive exhaust systems market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 54,208.1 million by 2030.
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Automotive Exhaust Systems Market Scope
Automotive exhaust systems market segmentation & scope
Automotive Exhaust Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Giken Company | View profile | 251-500 | Tokyo, Tokyo, Japan, Asia | http://www.gikenkk.co.jp |
| Tenneco | View profile | 10001+ | Lake Forest, Illinois, United States, North America | https://www.tenneco.com/ |
| Sejong | View profile | 501-1000 | Ulsan, Kyongsang-bukto, South Korea, Asia | http://www.sjku.co.kr |
| Boysen | View profile | 51-100 | Munich, Bayern, Germany, Europe | https://www.boysen.aero |
| Futaba Industrial | View profile | 1001-5000 | Okazaki, Aichi, Japan, Asia | https://www.futabasangyo.com/ |
| Eberspächer | View profile | 10001+ | Esslingen, Baden-Wurttemberg, Germany, Europe | http://www.eberspaecher.com |
| BOSAL | View profile | 5001-10000 | Lummen, Limburg, Belgium, Europe | http://www.bosal.com/ |
| Benteler | View profile | 10001+ | Salzburg, Salzburg, Austria, Europe | https://www.benteler.com/ |
| Forvia SE | View profile | 153000 | 23-27 avenue des Champs-Pierreux, Nanterre, France, 92000 | https://www.faurecia.com |
| Continental AG | View profile | 200888 | Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, Germany, 30175 | https://www.continental.com |
Asia Pacific automotive exhaust systems market size, by country, 2018-2030 (US$M)
Asia Pacific Automotive Exhaust Systems Market Outlook Share, 2023 & 2030 (US$M)
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