Automotive Selective Catalytic Reduction Market | 2021 Industry Analysis By Global Covid-19 Impact On Automotive Sector And Business

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Mar 16, 2021 (The Expresswire) —
Automotive Selective Catalytic Reduction Market | 2021 Industry Analysis By Global Covid-19 Impact On Automotive Sector And Business is depth analysis market research report published by leading market research firm Fortune Business Insights. According to report Global Automotive Selective Catalytic Reduction Market will rise from Covid-19 Impact and reach USD 11.60 billion market value at 10.8{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} Compound Annual Growth Rate (CAGR) BY 2026. Report also provides comprehensive information on Automotive Selective Catalytic Reduction market analysis which includes new industry developments, future business plans, merger, acquisition updates, covid-19 impact on business with forecast of market in coming years.

Automotive Selective Catalytic Reduction Key Players studied in report:

Plastic Omnium (France), Magneti Marelli SPA (Corbetta, Italy), Bosal (Lummen, Belgium), Ceram-Ibiden (Austria), Johnson Matthey (London, United Kingdom), Envirotherm GmbH (Essen, Germany), Röchling Group (Mannheim, Germany), Haldor Topsoe (Lyngby, Denmark), Faurecia (Nanterre, France), Robert Bosch GmbH (Stuttgart, Germany), BASF (Ludwigshafen, Germany), Cormetech (North Carolina, United States), Tenneco Inc. (Illinois, USA), and more players profiled

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Automotive Selective Catalytic Reduction Market Highlights:

The global Automotive Selective Catalytic Reduction market size was valued at USD 7.83 billion in 2019 and is expected to reach USD 11.60 billion at a compound annual growth rate (CAGR) of 10.8{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} from 2021 to 2028.

Report segments Automotive Selective Catalytic Reduction (SCR) Market Size, Share and Industry Analysis, By Vehicle Type (Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle), By Catalyst Type (Copper zeolite, Iron zeolite, and Others (vanadium, titanium, etc.)), and Regional Forecast, 2020-2027.

Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

According to the Union of Concerned Scientists, heavy-duty vehicles running on diesel are responsible for over 25{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} of the global warming emissions. Furthermore, research by the University of Chicago reveals that fossil fuel-induced air pollution has cut global life expectancy by an average of 1.8 years per person. As a result, there is growing desperation for technologies that can lower or eliminate emissions from fossil fuel-powered vehicles. Selective catalytic reduction systems can prove instrumental in this endeavor as they are advanced active emissions control technology. These systems involve the injection of a liquid-reductant agent using a special catalyst into the exhaust stream of a diesel engine, facilitating nitrogen oxide (NOx) reduction reactions.

The report for Global Automotive Selective Catalytic Reduction Market of Fortune Business Insights covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

With concerns surrounding escalating pollution levels rising worldwide, there is a growing consumer inclination towards electric vehicles (EVs). Recent data from the International Energy Agency (IEA) show that global EV sales in 2019 surpassed 2.1 million, increasing the world EV stock to 7.2 million. Accounting for 2.6{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} of the global car sales, the IEA predicts that in 2020 EVs will make up 3{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} of the global car sales, even amid the COVID-19 pandemic, with supportive policies in China and Europe further stoking the adoption of EVs. While the EV market is soaring, the automotive selective catalytic reduction market growth is likely to get inhibited by the rising demand for EVs as SCR systems are designed to lower nitrogen oxide emissions from diesel engines. Since EVs eschew the need for internal combustion engines, a widening market for EV will inevitably affect the SCR market and stall its growth.

This report focuses on Automotive Selective Catalytic Reduction Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.

The Asia Pacific market size stood at USD 3.00 billion in 2019 and the region is expected to retain its prominent position in the market owing to the surging demand for passenger vehicles. Moreover, rapid economic development in countries such as India, China, and Vietnam is generating a massive demand for advanced automotive technologies that make vehicles more fuel- and energy-efficient.

North America is anticipated to tighten its hold on the automotive selective catalytic reduction market share during the forecast period on account of the growing utilization of light commercial vehicles in the region. In Europe, the market will be mainly propelled by the increasing stringency of regulations governing vehicular emissions.

A novel trend emerging in the competitive landscape of this market is the fusion of smart sensor technologies with SCR systems by key players to enhance the accuracy and efficiency of vehicles. On the other hand, a few companies in the automotive SCR market are grappling with the effects of the COVID-19 pandemic, which is forcing them to cut costs and delay investment plans.

Vehicle Telematics Industry Report Key Points:

  1. Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
  2. Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
  3. Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  4. Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  5. Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market

Automotive Selective Catalytic Reduction Industry Key questions answered in the report:

  1. What will the market growth rate of Automotive Selective Catalytic Reduction Market in 2026?
  2. What are the key factors driving the global Automotive Selective Catalytic Reduction Market?
  3. Who are the key manufacturers in Automotive Selective Catalytic Reduction Market space?
  4. What are the market opportunities, market risk and market overview of the Automotive Selective Catalytic Reduction Global market?
  5. What are sales, revenue, and price analysis of top manufacturers of Automotive Selective Catalytic Reduction Global market?
  6. What are sales, revenue, and price analysis by types and applications of Automotive Selective Catalytic Reduction Market?
  7. What are sales, revenue, and price analysis by regions of Automotive Selective Catalytic Reduction Market?

Table Of Content:

1 Market Overview

1.1 Automotive Selective Catalytic Reduction Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook (2020-2026)

1.4.1.2 Canada Market States and Outlook (2020-2026)

1.4.1.3 Mexico Market States and Outlook (2020-2026)

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook (2020-2026)

1.4.2.2 France Market States and Outlook (2020-2026)

1.4.2.3 UK Market States and Outlook (2020-2026)

1.4.2.4 Russia Market States and Outlook (2020-2026)

1.4.2.5 Italy Market States and Outlook (2020-2026)

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook (2020-2026)

1.4.3.2 Japan Market States and Outlook (2020-2026)

1.4.3.3 Korea Market States and Outlook (2020-2026)

1.4.3.4 India Market States and Outlook (2020-2026)

1.4.3.5 Southeast Asia Market States and Outlook (2020-2026)

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook (2020-2026)

1.4.4.2 Egypt Market States and Outlook (2020-2026)

1.4.4.3 Saudi Arabia Market States and Outlook (2020-2026)

1.4.4.4 South Africa Market States and Outlook (2020-2026)

1.4.4.5 Turkey Market States and Outlook (2020-2026)

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

3 Global Automotive Selective Catalytic Reduction Market Share, Revenue, Market Share and Competition by Manufacturer (2017-2018)

3.1 Global Automotive Selective Catalytic Reduction Sales and Market Share by Manufacturer (2017-2018)

3.2 Global Automotive Selective Catalytic Reduction Revenue and Market Share by Manufacturer (2017-2018)

3.3 Market Concentration Rate

3.3.1 Top 3 Automotive Selective Catalytic Reduction Manufacturer Market Share in 2018

3.3.2 Top 6 Automotive Selective Catalytic Reduction Manufacturer Market Share in 2018

3.4 Market Competition Trend

4 Global Automotive Selective Catalytic Reduction Market Analysis by Regions

4.1 Global Automotive Selective Catalytic Reduction Sales, Revenue and Market Share by Regions

4.1.1 Global Automotive Selective Catalytic Reduction Sales and Market Share by Regions (2020-2019)

4.1.2 Global Automotive Selective Catalytic Reduction Revenue and Market Share by Regions (2020-2019)

4.2 North America Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

4.3 Europe Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

4.4 Asia-Pacific Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

4.5 South America Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

4.6 Middle East and Africa Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

5 North America Automotive Selective Catalytic Reduction by Country

5.1 North America Automotive Selective Catalytic Reduction Sales, Revenue and Market Share by Country

5.1.1 North America Automotive Selective Catalytic Reduction Sales and Market Share by Country (2020-2019)

5.1.2 North America Automotive Selective Catalytic Reduction Revenue and Market Share by Country (2020-2019)

5.2 United States Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

5.3 Canada Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

5.4 Mexico Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

8 South America Automotive Selective Catalytic Reduction by Country

8.1 South America Automotive Selective Catalytic Reduction Sales, Revenue and Market Share by Country

8.1.1 South America Automotive Selective Catalytic Reduction Sales and Market Share by Country (2020-2019)

8.1.2 South America Automotive Selective Catalytic Reduction Revenue and Market Share by Country (2020-2019)

8.2 Brazil Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

8.3 Argentina Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

8.4 Colombia Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

9 Middle East and Africa Automotive Selective Catalytic Reduction by Countries

9.1 Middle East and Africa Automotive Selective Catalytic Reduction Sales, Revenue and Market Share by Country

9.1.1 Middle East and Africa Automotive Selective Catalytic Reduction Sales and Market Share by Country (2020-2019)

9.1.2 Middle East and Africa Automotive Selective Catalytic Reduction Revenue and Market Share by Country (2020-2019)

9.2 Saudi Arabia Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

9.3 Turkey Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

9.4 Egypt Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

9.5 Nigeria Automotive Selective Catalytic Reduction Sales and Growth Rate (2020-2019)

10 Automotive Selective Catalytic Reduction Market In Developing Countries

11 South America Automotive Selective Catalytic Reduction Market Analysis by Countries

12 Competitive Landscape

13 Industry Outlook

13.1 Market Driver Analysis

13.1.2 Market Restraints Analysis

13.1.3 Market Trends Analysis

13.2 Merger, Acquisition and New Investment

13.3 News of Product Release

14 Global Automotive Selective Catalytic Reduction Market Forecast

15 New Project Feasibility Analysis

15.1 Industry Barriers and New Entrants SWOT Analysis

15.1.1 Porter’s Five Forces Analysis

15.1.2 New Entrants SWOT Analysis

15.2 Analysis and Suggestions on New Project Investment

Continued…

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