AutomotiveAir Intake Manifold Market is estimated to reach US$ XX Bn by 2026 in termsof revenue at CAGR of XX % in the forecasting Period.
The report includes the analysis of impact of COVID-19lock-down on the revenue of market leaders, followers, and disrupters. Sincelock down was implemented differently in different regions and countries,impact of same is also different by regions and segments. The report hascovered the current short term and long term impact on the market, same willhelp decision makers to prepare the outline for short term and long termstrategies for companies by region.
Automotive Air Intake Manifold Market
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Substantial vehicle production across the globe willprimarily drive the automotive air intake manifold market over the forecasttimeframe. Large scale usage in passenger cars, light, and heavy commercialvehicles will lead to increased revenue generation. The global automobileproduction is expected to cross 135 million units over the next eight years,thus escalating the industry demand.
High acceptance from passenger vehicles will have a positiveimpact on the automotive air intake manifold market growth over the forecasttimespan. Emerging economies such as Indonesia, China, and India have witnesseda tremendous rise in passenger cars production, thus supporting the highrevenue generation. Stringent regulations and norms regarding CO2 emissions andfuel economy will further support the industry growth till 2024. However,significant overhead expenditure for manufacturers coupled with low productreplacement rate may hamper the industry growth over the coming years.
The Automotive Air Intake Manifold market is segmented basedon vehicle, material, manifold, manufacturing process, distribution channel,and geography. By vehicle of the Automotive Air Intake Manifold market issegmented into passenger vehicles (PCV), heavy commercial vehicles (HCV), lightcommercial vehicles (LCV), and a sports car. Under this, PCV is expected to holdthe major market share in the forecast period. The growth rate is driven byrapid urbanization coupled with high demand for sedans and SUVs is anticipatedto support the automotive air intake manifold market dominance.
Geographically, the Automotive Air Intake Manifold markethas been segmented into North America, Europe, Asia Pacific, Middle East &Africa, and Latin America. Asia-Pacific is expected to be the largest marketfor Automotive Air Intake Manifold during the forecast period owing to risingautomobile production across the region, especially in emerging economiesincluding China, India, and Indonesia. Availability of cheap labour and rawmaterials will further fuel the regional growth of automotive air intake manifoldmarket till 2024.
China, India, and Japan are leading in lightweightcommercial vehicle production as it is cost effective and is affordable to alarge part of the population. India remains the world’s sixth largestautomotive manufacturer in volume units. Europe is projected to be the fastestgrowing market for Automotive Air Intake Manifold with growth in the automotiveinfrastructure across the region.
Key player across the Automotive Air Intake Manifoldindustry are Tenneco Inc., MAHLE Gmbh, Aisin Seiki Co. Ltd., and KeihinCorporation. Industry players are focusing on geographical expansion forstrengthening their foothold. For instance, In May 2016, Röchling Groupcommissioned its first plant in Mexico. As the country is ranked seventh in theglobal automobile market, it was necessary to construct a new facility toexpand its reach. Later that year, in August, the company established a jointventure with an automotive component manufacturer, Starlite Co. Ltd. in Japanto strengthen the international profile and increase product penetration in theAsia Pacific.
The Scope of the Automotive Air Intake Manifold Market:Inquire before Buying
Automotive Air Intake Manifold Market, By Vehicle
• Passenger vehicles (PCV)
• Heavy Commercial Vehicles (HCV)
• Light Commercial Vehicles (LCV)
• Sportscar
Automotive Air Intake Manifold Market, By Material
• Aluminum
• Magnesium
• Plastic/other composites
• Iron
Automotive Air Intake Manifold Market, By Manifold
• Single Plane
• Dual Plane
• EFI
• HI-RAM
• Supercharger
Automotive Air Intake Manifold Market, By ManufacturingProcess
• Injection moulding
• Casting
Automotive Air Intake Manifold Market, By DistributionChannel
• OEM
• Aftermarket
Automotive Air Intake Manifold Market, By Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players operating in the Automotive Air Intake ManifoldMarket:
• Röchling Group
• Magneti Marelli S.p.A
• Tenneco Inc.
• MAHLE Gmbh
• Aisin Seiki Co. Ltd.
• Keihin Corporation
• Sogefi S.p.A
• Mann+Hummel
• Toyota Boshoku
• Mikuni Corporation
Maximize Market Research, a global market research firm witha dedicated team of specialists and data has carried out extensive researchabout the current Automotive Air Intake Manifold market outlook. The reportencompasses the Automotive Air Intake Manifold market by different segments andregion, providing the in-depth analysis of the overall industry ecosystem,useful for taking an informed strategic decision by the key stakeholders in theindustry. Importantly, the report delivers forecasts and share of the market,further giving an insight into the market dynamics, and future opportunitiesthat might exist in the Automotive Air Intake Manifold market. The drivingforces, as well as considerable restraints, have been explained in depth. Inaddition to this, competitive landscape describing the strategic growth of thecompetitors have been taken into consideration for enhancing market know-how ofour clients and at the same time explain Automotive Air Intake Manifold marketpositioning of competitors.
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