Tailpipe Market Scope
The global tailpipe market is expected to witness a significant growth over the forecast period owing to increasing sales of cars across the globe and growing automobile industry worldwide. Tailpipe is an exhaust pipe located at the rear of a motor vehicle or aircraft powered by an internal-combustion engine. In automobile sector, the tailpipe emissions indicates the exhaust gases which are released to ambient atmosphere. However, the high installation cost of tailpipe and stringent environmental regulations are the factors restraining the market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Tenneco (United States), Faurecia (France), TAJCO Group (Denmark), AMG (Germany), SANGO (Japan), REMUS (Austria), Eberspaecher (Germany), Milltek Sport (United Kingdom), Sankei Giken Kogyo Co., Ltd. (Japan) and AP Exhaust (United States) |
CAGR | % |
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Tailpipe market throughout the predicted period.
Tenneco (United States), Faurecia (France), TAJCO Group (Denmark), AMG (Germany), SANGO (Japan), REMUS (Austria), Eberspaecher (Germany), Milltek Sport (United Kingdom), Sankei Giken Kogyo Co., Ltd. (Japan) and AP Exhaust (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are MagnaFlow (United States) and BORLA (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Tailpipe market by Type , by Application (Low Emission Cars and Large Displacement Cars) and Region with country level break-up. On the basis of Type, Single Tailpipe Type are dominating the market in the year 2022 where as Double Tailpipes Type stood as second largest market share.
On the basis of application, Low Emission Cars segment is dominating the market in the year 2022 where as Low Emission Cars segment stood as second largest market.
On the basis of geography, the market of Tailpipe has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In March 2021 Power management company Eaton and Tenneco jointly develop between Eaton's vehicle group and Tenneco's Clean Air business group to produce an integrated exhaust thermal management system that will enable commercial truck and light vehicle manufacturers to meet upcoming emissions regulations. You have signed a contract.
In July 2022, Walker Emissions Control, the leading global brand of Tenneco's DRiV group, introduced 36 new part numbers to expand coverage to more than 5 million Vehicles in Operating (VIO). New offerings include 14 part numbers for Walker Quiet-Flow SS mufflers covering 47 applications. Expanding Walker's line of EPA-compliant, ultra direct-fit catalytic converters for 41 applications; and various new pipe and resonator assemblies.
In 2012, California Air Resources Board (CARB) adopted new GHG standards for model years 2017 to 2025. Federal standards were subsequently finalized, bringing nationwide standards in line with California standards. However, California has, in addition, and updated zero-emission vehicle program that requires increasing production of plug-in and fuel-cell vehicles from 2018 to 2025. The GHG reductions are expected to be achieved largely, though not entirely, through improved vehicle efficiency, so these standards are in effect energy efficiency policies. Several technologies stand out as providing significant, cost-effective reductions in emissions. Among others, these include the optimization of valve operation, turbocharging, improved multi-speed transmissions, and improved air conditioning systems.
Influencing Trend:
Technological Developments in Tailpipe
Market Growth Drivers:
Increasing Sales of Cars across the Globe and Growing Automobile Industry Worldwide
Challenges:
Stringent Environmental Regulations
Restraints:
High Installation Cost
Opportunities:
Growing Demand from Developing Region
Key Target Audience
Manufacturers of Tailpipe, Suppliers of Raw Materials, Wholesalers, Distributors, and Retailers of Tailpipe, Automotive Industry, Governmental Bodies and Research Firms