Automotive Emission Control Devices Market to Expand with Significant CAGR during 2027

Automotive Emission Control Devices: Introduction

• Strict and stringent regulatory norms are being enforced worldwide since the signing of The Paris Agreement in 2016 to fight climate change; for instance, adoption of Bharat Stage-VI Emission Standards in India, Euro Standards in Europe, National Ambient Air Quality Standards in the U.S., etc.
• Air pollution is a major contributor to climate change. According to the Union of Concerned Scientists (UCS) USA, heavy vehicles comprise approximately 5% of the total number of vehicles globally and are responsible for more than 25% of the total emission. These emit CO, CO₂, NO₂, hydrocarbons, etc. These gases are harmful for the environment and leading to climate change. Emission control devices convert harmful emissions into non-hazardous gases and then release them into the atmosphere. The rise in demand for emission control devices can be attributed to their mandatory installation in vehicles as per government regulations. This indicates higher requirement for advanced technologies involving emission control devices.

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Key Drivers of Global Automotive Emission Control Devices Market

• According to the U.S. EPA, the U.S. accounts for 30% of the world’s on-road vehicles that contribute 50% to the world’s total vehicle emissions. In 2008, China became the highest CO2 emitter, followed by the U.S., EU, India, and Russia. In 2016, post the Paris agreement, these countries have taken initiatives to reduce CO₂, NO₂, and other emissions to fight climate change. In order to achieve control over emissions caused by vehicles, there is an increase in demand for new and more effective emission control devices and technologies. For instance, nowadays, vehicles are equipped with several IoT devices powered by Artificial Intelligence (AI). The development of electric emission control devices powered by such systems can be considered as a growth opportunity.
• Emissions are directly proportional to fuel consumption. For instance, a diesel car emits 95 g CO₂ per 3.7 liters of diesel per 100 km, while petrol car emits same amount of CO₂ per 4 liters of petrol per 100 km. Hence, emission control devices are used to improve fuel efficiency while reducing emissions.

Conventional Vehicles Need Emission Control Devices

• Conventional vehicles use gasoline and diesel as fuel and are one of the key contributors of CO₂, NO₂ emissions causing air pollution. Regulatory authorities have laid down regulatory norms and pollution control policies on use of old technologies in conventional vehicles in order to curb air pollution.
• Emission control devices help reduce harmful emissions from conventional vehicles

Concept of Shared Vehicles to Hamper Market

• Vehicle sharing platforms, such as UberPOOL, Lyft, etc., allow passengers to share a vehicle with other passengers. OEMs have collaborated with companies, including Mobileye and Uber, among others, in order to develop and launch autonomous vehicles, which will be driverless and allow car sharing. The number of individual vehicle sales, owing to cheaper traveling offered by car sharing is expected to decrease. These factors are likely to hamper the automotive emission control devices market.

Key Players Operating in Global Market:

The automotive emission control devices market is highly concentrated with top manufacturers. Some of the key players operating in the automotive emission control devices market are:

• Denso Corporation
• Johnson Matthey (UK)
• Eberspacher Climate Control Systems GmbH & Co. (Germany)
• Futaba Industrial Co. Ltd.
• BASF SE
• CDTi Advances Materials Inc
• Clariant AG
• Cormetech
• Corning Incorporated
• Umicore
• Tenneco Inc.

Global Automotive Emission Control Devices Market: Research Scope

Global Automotive Emission Control Devices Market, by Vehicle Type

• Two-wheeler
• Three-wheeler
• Passenger Vehicle
• Commercial Vehicle
• Light
• Heavy
• Bus & Coach

Global Automotive Emission Control Devices Market, by Propulsion Engine

• Petrol Engine
• Diesel Engine

Global Automotive Emission Control Devices Market, by Technology

• Catalysts
• EGR
• Filters
• Sensors
• Thermal Management

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