Skip to main content

Air Intake System Market Trends, Growth, Future Demand, Analysis and Forecast by 2032

 The air intake system market is estimated to increase at a value CAGR of 3.6% over the forecast period of 2022-2032 to reach a valuation of nearly US$ 17.8 Bn by the end of 2032.

Growing automobile production and sales are the major and fundamental drivers affecting the growth of the automotive air intake system market. The trend of vehicle customization to boost performance also influences the growth of the market on an upward scale in the aftermarket segment.

Since the last decade, the auto industry has been undergoing the most dramatic and disruptive technological breakthroughs. This has had a significant impact on all major components, including air intake systems. To satisfy changing market requirements, address tough laws on fuel efficiency and carbon emissions, and remain competitive in the market, significant advancements in air intake system designs, techniques, and materials have been made.

Request For Free Sample Report@ https://www.persistencemarketresearch.com/samples/33049

Key Takeaways from Market Study

  • By sales channel, the OEM segment is projected to hold a market share of more than 83% by 2032. However, the aftermarket segment will comparatively expand at a faster rate at 4.2% CAGR.
  • Petrol engines are anticipated to hold the largest market share of more than 60% in the engine type segment.
  • By vehicle type, passenger cars are projected to create an absolute $ opportunity of nearly US$ 3 Bn by 2032.
  • By region, East Asia is expected to account for the largest share of 26% in the global market by 2032.
  • The U.S and China are projected to register an absolute $ opportunity of nearly US$ 2 Bn, collectively, from 2022 to 2032.

“Economic reforms in Asia Pacific and Europe as well as increased private equity investments in air intake manufacturing companies around the world are expected to positively impact market growth,” says a Persistence Market Research analyst.

Market Landscape

To improve vehicle performance and fuel efficiency, manufacturers are working on developing air intake systems following engine designs. Businesses have been increasing their footprint by opening additional facilities and introducing sophisticated air intake system models.

Some of the key air intake system manufacturers included in the report are Donaldson Company, Keihin Corporation, Holley Performance Products, Magneti Marelli, Mikuni Corporation, Novares, Rochling Group, K&N Engineering, Inc., Advanced FLOW engineering, Injen Technology, Mishimoto, STILLEN, MANN+HUMMEL, and Toyota Boshoku Corporation

Conclusion

Over the forecast period, rising product demand from the automotive industry, owing to stringent government regulations for vehicle emissions, is expected to drive market expansion.

For More Info @ https://www.persistencemarketresearch.com/market-research/air-intake-system-market.asp

Because of increased purchasing capacity and improved living conditions around the world, the automotive sector is predicted to rise rapidly. Increased worries about environmental pollution caused by the smoke generated from car exhausts are likely to drive demand for automobile air intake systems.

Comments

Post a Comment

Popular posts from this blog

Automotive Filters Market Share and Growth Factors Impact Analysis 2029

 The global automotive filters market is expected to experience significant growth over the forecast period, due to the increasing demand for advanced automotive systems and the rising demand for fuel-efficient and eco-friendly vehicles. Automotive filters are used to remove contaminants, such as dust, dirt, and debris, from the air, oil, and fuel in a vehicle. The market is segmented based on type, vehicle type, and region. Based on type, the market is divided into air filters, oil filters, fuel filters, and others. The air filter segment is expected to dominate the market, due to the increasing demand for advanced air filtration systems in vehicles. Based on vehicle type, the market is classified into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger cars segment is expected to dominate the market, due to the increasing demand for passenger cars and the increasing adoption of advanced filtration systems in passenger cars. Geogr...
Post a Comment
Read more

Multilayer Ceramic Capacitor (MLCC) Market is Set to Experience Revolutionary Growth by 2032

 The Multilayer Ceramic Capacitor (MLCC) market has experienced remarkable growth over the past few years, driven by the increasing demand for electronic components in various industries. MLCCs are essential passive electronic components used extensively in electronic devices and equipment for their ability to store and discharge electrical energy quickly and efficiently. The market's growth is largely attributed to the rapid advancements in consumer electronics, automotive electronics, telecommunications, and industrial applications. The ever-expanding adoption of smartphones, tablets, wearable devices, and IoT technologies has created a surge in the demand for MLCCs, as they are essential for miniaturizing and enhancing the performance of these devices. Furthermore, the trend towards electric vehicles (EVs) and the growing adoption of advanced driver-assistance systems (ADAS) in automotive applications have significantly fueled the demand for MLCCs. These capacitor...
Post a Comment
Read more

Iris Biometrics Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2032

 The Iris Biometrics Market stands as a testament to the ever-evolving landscape of biometric technology, offering a unique and highly secure method of identity verification and authentication. The iris, with its intricate and individualistic patterns, has captured the attention of both security experts and technology developers as a reliable means of confirming one's identity. This market has gained prominence across various industries, ranging from border control and law enforcement to access control systems in government institutions, corporate offices, and even consumer devices. The market's growth is fueled by the increasing need for robust identity verification solutions in a world where security breaches and identity theft are becoming more prevalent. Unlike traditional authentication methods such as passwords and PINs, iris biometrics offer a high level of security and accuracy, as the iris pattern is virtually impossible to replicate. The technology prov...
Post a Comment
Read more