Scope of the Study
Selective catalytic reduction is defined as the advanced active emissions control technology system that can easily injects a liquid-reductant agent via a special catalyst. Growing vehicle production across the world, increasing usage of automotive selective catalytic reduction in various application and rising demand from automotive Industry are some of the major factor which affect the growth of market in future. Increasing demand from emerging market is expected to create new opportunities for market expansion.
The market study is being classified, by Application (Diesel Powered Vehicle and Gasoline Powered Vehicle) and major geographies with country level break-up.
Faurecia SA (France), Friedrich Boysen GmbH & Co., KG (Germany), J. Eberspaecher GmbH (Germany), Kautex Textron GmbH & Co., KG. (Germany), Plastic Omnium SA (France), Röchling SE & Co. KG (Germany), Tenneco Inc. (United States) and Plastic Omnium (France) are some of the key players profiled in the study.
The market is highly fragmented with the presence of local and regional operating in the market. Various players operating in the market are Faurecia SA (France), Friedrich Boysen GmbH & Co., KG (Germany), J. Eberspaecher GmbH (Germany), Kautex Textron GmbH & Co., KG. (Germany), Plastic Omnium SA (France), Röchling SE & Co. KG (Germany), among others. Research Analyst at AMA predicts that Germany Vendors will contribute to the maximum growth of Global Automotive Selective Catalytic Reduction market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Automotive Selective Catalytic Reduction market by Type, Application and Region.
On the basis of geography, the market of Automotive Selective Catalytic Reduction 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Usage of Automotive Selective Catalytic Reduction in various application
- Rising Demand from Automotive Industry
- Technology Advancement in automotive Selective Catalytic Reduction
- Stringent Government Regulations regarding Improving Transportation Facilities and Infrastructure
- There is significant demand from the Asia Pacific region. For instance, according to India Brand Equity Foundation, in 2018, India became the 4th largest auto market with sales increasing 8.3% year-on-year to 3.99 million units. Hence, it will create new opportunities for market expansion.
- High Cost Associated with Automotive Selective Catalytic Reduction
Key Target AudienceAutomotive Selective Catalytic Reduction Companies, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase