December 19, 2019
According to the new research report available at MarketStudyReport.com under the title ‘Automotive Air Intake Manifold Market Size By Vehicle (Passenger Cars, Heavy Commercial Vehicles (HCV), Light Commercial Vehicles (LCV), Sportscar), By Material (Aluminum, Magnesium, Plastic/Other Composites, Iron), By Manifold (Single Plane, Dual Plane, EFI, HI-RAM, Supercharger), By Manufacturing Process (Injection Molding, Casting), By Distribution Channel (OEM, Aftermarket), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026’, the global automotive air intake manifold market is anticipated to surpass USD 50 billion by the year 2026.
Growing concern regarding air pollution is fueling the need for vehicles having high engine performance, improved fuel efficiency, and reduced carbon dioxide emission. These factors are compelling the automotive companies to manufacture advanced lightweight vehicles, which is achieved by using plastics and lightweight alloys, thereby boosting the growth of automotive air intake manifold market. Favorable government reforms coupled with rising demand for eco-friendly and fuel-efficient vehicles are further aiding the market expansion.
Though, high overhead cost associated with these vehicles, in consort with hefty replacement costs in case of any damage will hamper automotive air intake manifold industry outlook, but launch to new product variants with better operational performance will boost the market growth in the upcoming years.
Based on vehicle type, automotive air intake manifold industry from heavy commercial vehicles segment is estimated to generate a revenue of USD 5 billion by the year 2026, as these vehicles are used extensively in logistics & transportation sector for logistics purposes.
Speaking of materials, magnesium segment is estimated to contribute around 20% share in automotive air intake manifold market over the forecast period. The material offers superior castability and strength while being lighter than cast iron and aluminum.
In terms of manifold type, EFI manifold segment is anticipated to exceed USD 8 billion by the year 2026, owing to the self-mapping fuel technology and easy installation. It also offers precision, accuracy, and effective cold starting ability to the vehicles.
As per manufacturing process, automotive air intake manifold market from casting segment is slated to generate a revenue of USD 20 billion by the year 2026, due to its high production rate, better finishing techniques, and dimensional accuracy.
Request sample copy of this Report@ https://www.marketstudyreport.com/request-a-sample/616492/
Considering geographical landscape, APAC will hold around 50% of the global automotive air intake manifold market. Factors such as presence of numerous automotive production facilities, changing consumer preferences, as well as supportive government initiatives will trigger the regional growth.
Some of the vendors that operate in automotive air intake manifold market are Toyota Boshoku Corporation, Tenneco, Inc., Sogefi SpA, ROKI, Rochling Group, Mikuni Corporation, Mecaplast Group, and Mann+Hummel among others.
Frequently Asked Questions (FAQ) :