Automotive Exhaust Systems Market Growth Opportunities & Trends

Automotive Exhaust Systems Market Demand and Trends Analysis 2034

The automotive exhaust systems market size is expected to increase from USD 58.23 billion in 2025 to USD 113.8 billion by 2034, growing at a CAGR of 7.73% throughout the forecast period from 2025 to 2034.

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Introduction

The automotive exhaust systems market is a crucial segment of the automotive industry. This industry deals in manufacturing and distribution of exhaust systems for automotives. There are several components of these exhaust systems comprising of exhaust manifold, muffler, catalytic converter, oxygen sensor, exhaust pipes and some others. These exhaust systems are designed for different vehicles such as passenger cars and commercial vehicles. The growing demand for commercial vehicles in different regions has contributed to the industrial expansion. This market is predicted to rise significantly with the growth of the automotive components industry.

• According to the OICA, around 2104461 vehicles were sold in Brazil in 2022 that increased to 2308689 vehicles in 2023.

Highlights of the Automotive Exhaust Systems Market

• Asia Pacific held the largest share of the automotive exhaust systems market due to the presence of numerous automotive brands along with availability of skilled workforce in this region.
• Latin America is expected to grow with a significant CAGR due to the growing demand for vehicle modification coupled with increasing sales of automotives in Brazil and Argentina.
• The gasoline segment held the dominant share of the market due to the rising consumer preference towards luxury vehicles.
• The passenger cars segment led the industry due to the increasing sales of passenger vehicles in developing economies.

Statistics in Automotive Exhaust Systems

• According to the OICA, around 1,049,842 vehicles were sold in the African region during the 1st and 4th quarter of 2023.
• According to the Our World in Data, around 62.87 million non-electric cars were sold globally in 2023.
• According to the U.S. Department of Energy, around 951,000 light-duty vehicles were sold in Hawaii during 2023.
• According to the Statistics Canada, around 8,058,883 gasoline-powered vehicles were sold in Canada during 2023.

Industry Leader Announcement

In October 2024, Matthew Stevenson, the CEO of Holley Performance Brands announced that, “At Holley our mission is to deliver performance, safety, fun and excitement to automotive enthusiasts around the world, The new Flowmaster Signature Series embodies that mission, allowing our customers to modify their vehicles and take their driving experiences to the next level with enhanced power, a refined aesthetic and a distinctive exhaust tone.”

Competitive Landscape

The automotive exhaust systems market is a rapidly developing industry with the presence of several dominant players. Some of the important companies in this industry consists of BENTELER International Aktiengesellschaft, BOSAL, Continental AG, Eberspächer, FORVIA Faurecia, FUTABA INDUSTRIAL CO., LTD and some others. These companies are constantly engaged in developing high-grade exhaust systems and adopting numerous strategies to maintain their dominant position in this expanding industry.

• According to the annual report of Faurecia, the clean mobility segment contributed 18% to the overall revenue of the company in 2023.

Market Segmentataions

By Component

• Exhaust Manifold
• Muffler
• Catalytic Converter
• Oxygen Sensor
• Exhaust Pipes

By Fuel Type

• Gasoline
• Diesel

By Vehicle Type

• Passenger Car
• Commercial Vehicles

By Regional

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa