Automotive Exhaust Manifold Market By Product (Single Wall, Double Wall); By Material (Iron, Stainless Steel); By Vehicle (PC (Passenger Car), LCV (Low Commercial Vehicle), HCV (High Commercial Vehicle)); By Sales Channel (OEM, Aftermarket); By Applications (Passenger Cars, Commercial Vehicle) - Global Demand Analysis & Opportunity Outlook 2027
Buy Now Report ID: 1038 | Published Date: Feb 07, 2023
Global automotive exhaust manifold market is fully depending on the developing economies of using automobile vehicles in the developing nations such as Asia pacific countries like China and India which includes the personal disposal income of consumer who expect the long lasting engine and innovative technology in the automotive vehicle market. Exhaust manifold engine such as V-engine powered vehicles have both the sides exhaust value and thus, require two exhausts manifolds for every vehicle.
The engines of the heavy trucks additionally make use of exhaust manifolds. Thus, growth in manufacturing of such automobile engines and V-engine powered automobiles is projected to enhance the exhaust manifold device market.
High cost of stainless steel exhaust manifold material than cast iron exhaust material is expected to diminish the future market of stainless steel exhaust manifold system.
Our-in depth analysis of the global automotive exhaust manifold market includes the following segments:
By Product
By Material
By Vehicle
Global automotive exhaust manifold market is further classified on the basis of region as follows:
Some of the examples of market players in the global automotive exhaust manifold market identified across the value chain include:
Some of the examples of market players in the global automotive exhaust manifold market identified across the value chain include:
In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.
Author Credits: Harshita Srivastava, Saima Khursheed
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