The global automotive exhaust manifold industry value reached USD 10,052 million in 2023. Over the forecast period, the value is anticipated to rise at 3.7% CAGR. The sector is predicted to increase from USD 10,423.9 million in 2024 to USD 14,990.5 million in 2034.
The automotive exhaust manifold market is a vital segment within the automotive component industry, playing a key role in managing emissions and optimizing engine performance. The sector is shaped by robust emissions regulations worldwide, technological developments, and surging demand for fuel efficiency.
Shift toward lightweight materials, integration of advanced technologies, growing demand for electric vehicles (EVs), and aftermarket customization are driving growth. Lightweight materials such as stainless steel and high-strength alloys are increasingly being used to meet emission standards and improve vehicle efficiency.
| Attributes | Description |
|---|---|
| Estimated Global Automotive Exhaust Manifold Market Size (2024E) | USD 10,423.9 million |
| Projected Global Automotive Exhaust Manifold Market Value (2034F) | USD 14,990.5 million |
| Value-based CAGR (2024 to 2034) | 3.7% |
Advanced technologies such as exhaust gas recirculation systems, turbocharging, and selective catalytic reduction are being integrated directly into exhaust manifolds, enhancing emission control efficiency and reducing complexity. Growth of electric vehicles indirectly influences exhaust manifold development, with advancements in lightweight materials and thermal management systems providing new growth opportunities.
The aftermarket for performance exhaust manifolds caters to niche sectors within automotive enthusiasts seeking enhanced engine performance and sound quality. The automotive exhaust manifold market is projected to experience growth due to shift towards hybrid and electric vehicles.
At the same time, sustainability concerns and technological advancements are projected to bolster sales. These factors present opportunities for developing integrated exhaust solutions tailored for electric drivetrains.
The company is prioritizing research and development to develop innovative materials, manufacturing processes, and integrated technologies while collaborating with academic institutions and technology providers. The aftermarket segment is set to boost through customizable exhaust manifold solutions, digital sales, and collaboration with automotive OEMs, component suppliers, and technology providers.
Geographical development into new sectors and regions with burgeoning automotive industries are set to diversify revenue streams and reduce dependence on mature industries. Stakeholders who embrace innovation, collaborate strategically, and capitalize on emerging trends are well-positioned to thrive in this evolving landscape.
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The table below presents a comparative assessment of the variation in CAGR over six months for the base year (2023) and current year (2024) for the automotive exhaust manifold sector. This analysis reveals vital shifts in performance and indicates revenue realization patterns, thus providing stakeholders with a better vision of the growth trajectory over the year.
The first half of the year, or H1, spans from January to June. The second half, H2, includes months from July to December. The table below presents the expected CAGR for exhaust manifolds in automobiles over several semi-annual periods spanning from 2024 to 2034. In the first half (H1) of 2023 to 2033, the business is predicted to surge at a CAGR of 3.2, followed by a higher growth rate of 4.2% in the second half (H2) of the same period.
| Particular | Value CAGR |
|---|---|
| H1 | 3.2% (2023 to 2033) |
| H2 | 4.2% (2023 to 2033) |
| H1 | 3.3% (2024 to 2034) |
| H2 | 4.1% (2024 to 2034) |
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to increase slightly to 3.3% in the first half and relatively grow to 4.1% in the second half. The primary explanations for this shift in the growth rate include manufacturers' and governments' encouragement for the utilization of alternative fuel cars such as hybrid and electric vehicles, which are significantly more fuel-efficient than traditional ones.
Rising Automotive Production Activities in East Asia to Create Growth Opportunities
Growing fleet in East Asia region presents an opportunity for the replacement of aftermarket automotive exhaust manifolds, which are subjected to ad-hoc and periodic maintenance. Manufacturers are keen on providing innovative automotive technologies to address evolving demands of consumers in the aftermarket segment.
East Asia companies are actively forging strategic partnerships with key entities in the automotive sector. These collaborations facilitate joint research and development efforts, focusing on the creation of advanced and secure automotive exhaust manifold solutions. These partnerships aim to stay ahead of technological innovations, ensuring that manufacturers in East Asia remain leaders in providing better-performing automotive exhaust manifolds.
Advanced Material Technology to Boost Sales of Exhaust Manifolds
Materials used in advanced material technology have high resistance to corrosion and anti-fouling paints. This feature increases the durability and longevity of exhaust manifolds.
Usage of lightweight material leads to lesser energy consumption which enhances the complete performance of the engine. These factors are expected to fuel the sales of automotive exhaust manifolds during the forecast period.
Demand for Clean and Efficient Means of Transport Aiding Growth
Stringent emission norms are compelling manufacturers to produce new automotive exhaust manifolds, which are set to meet the emission norms. Stringent rules for vehicles' tailpipe emissions are directing the manufacturers’ focus toward improved fuel efficiency, which in turn, is expected to fuel growth. The global demand for clean energy is expected to drive growth of efficient exhaust systems in all internal combustion engine vehicles.
Production of Electric Vehicles and High Fuel Prices to Hamper Demand
The United States Department of Energy and California Energy Commission report that 70% of a vehicle's energy is wasted due to engine losses, idling losses, drag, resistance, inertia, sound, and heat. Electric vehicles are significantly more energy-efficient than conventional ones, utilizing around 80% of their energy due to the superior conversion of battery chemical energy into electrical energy.
Presence of the IC engine with the electrical system makes the hybrid vehicle more economical and easy to drive in the city where the traffic is more. Rise of electric vehicles, which eliminate the need for exhaust systems, presents a significant challenge for exhaust manifold manufacturers.
Fuel prices and consumption of petroleum products as fuel in the automotive sector are increasing day by day. Manufacturers and governments are promoting hybrid and electric vehicles to reduce global consumption, which is expected to hinder growth in the forecast period.
Principal Consultant
The automotive exhaust manifold industry recorded a CAGR of 3.1% during the historical period between 2019 and 2023. The demand for manifolds was positive as it reached a value of USD 10,052 million in 2023 from USD 8,880.9 million in 2019.
The industry has evolved significantly over time due to technological advancements, regulatory changes, and consumer preferences. Before 2019, cast iron was used for exhaust manifolds due to its durability and heat resistance. However, as manufacturers sought to improve fuel efficiency and reduce vehicle weight, lighter materials like stainless steel and aluminum alloys were adopted.
Introduction of stringent emission regulations in North America, Europe, and Asia-Pacific significantly impacted exhaust manifold design, leading to the development of more complex and integrated designs. Advancements in manufacturing processes, such as lost foam casting and precision sand casting, have enabled the production of intricate geometries and enhanced durability.
Integration of turbochargers into exhaust manifolds in automotive engines has significantly enhanced performance and efficiency. Globalization has led to the diversification of exhaust manifold suppliers and manufacturers across different regions, facilitating the exchange of technology and best practices.
Aftermarket growth has expanded as vehicle customization and performance enhancement gained popularity among enthusiasts during 2019 and 2023. Aftermarket suppliers offer high-performance exhaust manifolds made from specialized materials and featuring optimized designs to meet specific consumer demands.
Emphasis on material innovation, alliances between key companies, and consumer awareness are driving the continuous growth of automotive exhaust manifolds. Demand for exhaust manifolds is set to increase steadily due to their innovative solutions for vehicle emission control, aligning with evolving consumer preferences and new technologies.
Tier 1 companies comprise firms with a revenue of above USD 100 million. These companies are currently capturing a significant share of 40 to 45% of the global industry.
Tier 1 players are mainly known for owning a wide product range and high production capacity. Their extensive expertise in the automotive industry is projected to enable them to attract a large consumer base. Prominent companies within Tier 1 include Faurecia S.A., Tenneco Inc., Eberspächer Group, Benteler International AG, FUTABA INDUSTRIAL CO., LTD., and SANGO Co., Ltd.
Tier 2 companies include mid-size players with revenue of below USD 50 million. These have a considerable presence in specific regions and are highly influencing demand for exhaust manifolds locally. These are characterized by a strong presence overseas and strong industry knowledge.
The companies are growing due to specialized knowledge, product portfolios, and flexibility in meeting demands. Prominent companies in Tier 2 include Katcon, S.A. De C.V., Friedrich Boysen GmbH & Co. KG., DuPont, and others.
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The section below covers the analysis of automotive exhaust manifold sales for different countries in several regions of the globe, including the Middle East and Africa, South Asia, Latin America, Western Europe, North America, East Asia, and Eastern Europe. China is anticipated to remain at the forefront in East Asia, with a value share of around 66% in 2034. In South Asia, India is projected to witness a CAGR of 5.1% through 2034.
| Countries | CAGR 2024 to 2034 |
|---|---|
| India | 5.1% |
| China | 4.8% |
| Germany | 4.2% |
| United States | 3.1% |
| Japan | 2.5% |
Sales in China are projected to reach USD 4,185.7 million by 2034. Over the forecast period, demand for exhaust manifolds in the automotive sector within the country is predicted to grow at a 4.8% CAGR.
In 2023, China's automotive industry showcased healthy growth, with passenger car output exceeding 30.16 million units and total sales surpassing 30.09 million units, marking an 11.6% and 12% year-on-year increase, respectively, according to data released by the China Association of Automobile Manufacturers (CAAM).
Key automobile manufacturers and technological pioneers have significantly facilitated the development of automotive exhaust manifold technologies, setting global standards and trends. The United States has seen a noteworthy increase in demand for efficient and intelligent exhaust systems due to consumer demands for improved car performance.
The tech-savvy consumer base is fueling the industry by valuing features such as integrated smart functionalities, smooth exhaust systems, and lower emission requirements. During the forecast period, the United States is projected to surge at a CAGR of 3.1%.
With a strong consumer base, innovative and high-quality production, and a thriving automotive landscape, Japan is the fourth-leading automotive hub in the world. Renowned automakers with a reputation for dependability and cutting-edge technology, such as Nissan, Honda, and Toyota, are based in the country.
Japan's focus on technological advancements in the automotive industry is boosting the positive outlook for exhaust manifold manufacturers. This further creates an opportunity for exhaust manifold manufacturers to develop advanced exhaust systems.
Sale of exhaust manifolds in the automotive sector in the country are anticipated to reach USD 932.3 million by 2034. Over the forecast period, automotive exhaust manifold demand in Japan is set to increase at a robust CAGR of 2.5%.
The section contains information about the leading segments in the exhaust manifold business used in automotive. By material type, the cast iron segment is estimated to grow at a CAGR of 3.3% from 2024 to 2034. Based on vehicle type, the passenger cars segment is anticipated to hold a dominant share and exhibit a CAGR of 4.1% during the forecast period.
| Segment | Cast Iron (Material Type) |
|---|---|
| Value CAGR (2024 to 2034) | 3.3% |
Cast iron exhaust manifolds have key adoption due to the low cost and long durability, which makes these the preferred choice among manufacturers. The automotive industry's demand for high accuracy and productivity, coupled with increased automotive need, is expected to drive growth of the cast iron segment of the automotive exhaust manifold.
The production cost of cast iron is relatively low compared to other materials, further contributing to its popularity among manufacturers. The combination of cost-effectiveness and longevity makes cast iron exhaust manifolds the preferred choice for key automotive manufacturers.
| Segment | Passenger Cars (Vehicle Type) |
|---|---|
| Value CAGR (2024 to 2034) | 4.1% |
GDP growth, rise in disposable income, low interest rates, favorable financing terms, population growth, and global shift toward urban living fuels demand for compact and environmentally friendly passenger cars. Demand for automotive exhaust manifolds made to specifically fit these vehicles' needs is rising along with sale of the passenger cars.
Advanced automotive exhaust manifolds are in high demand in the passenger car segment due in large part to the focus on vehicle emissions. Emissions control and vehicle performance are being addressed by manufacturers by incorporating advanced features into exhaust systems.
The automotive exhaust manifold provides modern solutions for passenger cars in response to consumers' growing awareness of environmental sustainability and vehicle performance. As new automotive technologies emerge, the passenger car segment is frequently an early adopter. Ongoing demand for car exhaust manifolds that enhance and complement the driving experience is partly fueled by this propensity for innovation.
Key companies manufacturing exhaust manifolds moderately consolidate the sector with around 40 to 45% share. Leading companies are prioritizing technological advancements, integrating sustainable practices, and growing their footprints in developing regions. Key companies actively foster collaborations to stay at the forefront of innovation, ensuring exhaust manifolds align with the evolving demands and maintain the highest standards of quality and adaptability.
The sector is fiercely competitive, with leading companies investing in research and development to develop and innovate improved manifold technologies. These superior sensors offer fast response times, high accuracy, and enhanced durability, enabling companies to meet modern emission regulations.
A few companies are focusing on joining hands with local technology providers and start-ups to co-develop innovative products, share expertise, and gain access to niche areas. These companies are also offering rapid technical assistance, training, and customized solutions to cater to varying needs of clients.
Staying at the forefront of technological advancements allows companies to offer competitive products that meet evolving application needs. These partnerships facilitate knowledge sharing, access to new markets, joint research initiatives, and co-development projects.
Industry Updates
Based on product types, the industry is categorized into long and tubular manifolds.
In terms of engine types, the sector is split into a V engine and an inline engine.
By vehicle types, the industry is categorized into passenger cars, light commercial vehicles (LCV), and heavy commercial vehicles (HCV).
As per fuel types, the market is bifurcated into gasoline and diesel.
By material types, the industry is classified into cast iron and stainless steel.
Based on sales channels, exhaust manifolds are segmented into original equipment manufacturer (OEM) and aftermarket.
Regions considered in the study include North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and Pacific, and the Middle East and Africa.
The sector is set to witness a CAGR of 3.7% by 2034.
The sector witnessed a CAGR of 3.1% from 2019 to 2023.
In 2034, the sector is anticipated to reach USD 14,990.5 million.
Faurecia SA, Tenneco Inc., and Eberspächer Climate Control Systems GmbH & Co. KG.
The sector is set to reach USD 10,423.9 million by 2024.
The cast iron segment is estimated to hold a significant share in 2024.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Mechanism 7.1. Camshaft-driven 7.2. Engine-driven 7.3. Electric-driven 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type 8.1. Single diaphragm 8.2. Tandem Diaphragm 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Vehicle Type 9.1. Passenger Cars 9.1.1. Compact Cars 9.1.2. Mid-Sized cars 9.1.3. Luxury 9.1.4. SUVs 9.2. Commercial Vehicles 9.2.1. Light Commercial Vehicles 9.2.2. Heavy Commercial Vehicles 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel 10.1. OEM 10.2. Aftermarket 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. South Asia 11.5. East Asia 11.6. Eastern Europe 11.7. Middle East & Africa 12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. South Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 19. Sales Forecast 2024 to 2034 by Mechanism, Product Type, Vehicle Type, and Sales Channel for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Aisin Seiki 21.2. Bosch 21.3. Continental AG 21.4. HELLA 21.5. Delphi Technologies 21.6. Denso Corporation 21.7. Johnson Electric 21.8. SHW AG 21.9. Rheinmetall Automotive AG 21.10. WABCO 21.11. Cardone ReGaWatt GmbH 21.12. SynTech Bioenergy LLC
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Automotive Exhaust Manifold Market
