Press release
Global Auto SCR System Market Industry Report Analysis 2022-2028
Market Overview:Global Auto SCR System Market was valued at USD 6.43 billion in 2021 and is expected to reach USD 13.61 billion by the year 2028, at a CAGR of 11.3%.
The SCR system, which stands for "Selective Catalytic Reduction," uses nitrogen oxides (NOx) to be converted into water and nitrogen (without the oxides). Automotive SCR systems are advanced emission control technology that is used in diesel engines. SCR systems are cutting-edge pollution control technology. By incorporating urea of the automotive grade into the exhausts, SCR systems seek to regulate the nitrogen oxide (NOx) output. It is a technology that saves money and fuel and lowers pollution from diesel engines. Nowadays, there are two de-pollution systems available for reducing NOx particle emissions from diesel engine vehicles: SCR system (Selective Catalytic System) and Lean NOx-Trap (LNT) system. In this Automotive SCR is more effective than the LNT system SCR system has the efficiency of 90-95% and LNT having 70% only
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Market Dynamics:
Driver:
Along with positive government laws and initiatives around the world attempting to minimize car emissions, there are growing health risks related to vehicular emissions. In addition, growing SCR system usage in diesel vehicles as a result of strict requirements to lower carbon emissions and improve fuel efficiency is anticipated to boost market revenue growth. Furthermore, to stop emissions and particulate matter from diesel engines, manufacturers are concentrating on adopting after-treatment technologies including SCR, Exhaust Gas Recirculation (EGR), and Diesel Particulate Filter (PDF).
Opportunities:
The increasing health risks associated with vehicle emissions, favorable government regulations worldwide aimed at reducing vehicle emissions, and rising public awareness all contribute to the expansion of the global automotive SCR market. Additionally, the expensive price of selective catalytic reduction may limit market expansion. The global market for selective catalytic reduction systems is anticipated to benefit from attractive prospects in Asia-Pacific. The development of the selective catalytic reduction system market in this region is anticipated to be aided by the strict government restrictions paired with bettering transportation infrastructure and facilities.
opportunities due to favourable government initiatives and/or support to improve patient care.
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Market coverage
•Available market numbers - 2022-2028
•Base Year - 2021
•Forecast Period - 2022-2028
•Segments covered - By Vehicle Type ,By Component, By Fuel Type, By End-Users.
•Competitive Landscape - Eberspacher Group,Toyota Motor Corporation,Röchling-Group,Faurecia SA,Sango Industrial,Futaba Industrial,
Market Segmentation
By Vehicle Type
• Passenger cars
• Commercial vehicles
By Component
• Pump
• Urea tank
• Injector
• ECU
By Fuel Type
• Diesel
• Gasoline
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By Region
•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
•Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of South America)
Major Key Players Considered in the Market
•Eberspacher Group
•Toyota Motor Corporation
•Röchling-Group
•Faurecia SA
•Sango Industrial
•Futaba Industrial
•Tenneco
•Amminex Emissions Technology
•SDC Materials
•Magneti Marelli S.p. A. and other major players.
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Table Of Content
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Component
3.3 By Fuel Type
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Auto SCR System Market by Type
To Be Continued……
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