Automotive Air Intake Manifold Market; Light Commercial Vehicles Segment Is Expected To Record CAGR Of 3.3% By 2027
Automotive air intake manifold market share from light commercial vehicles is anticipated to expand at a CAGR of 3.3% through 2027. The growth is attributed to rising deployment of air inlet manifold systems in commercial vehicles for enhancing gasoline mileage and hence, reducing transportation and logistics costs.
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Growing demand for vehicles owing to rising disposable income levels is likely to augment the adoption of automotive air intake manifold systems in the forthcoming years. As per the International Organization of Motor Vehicle Manufacturers, approximately 90.42 million vehicles of all kinds were sold in 2019 globally.
Rising trend of reducing vehicle weight, along with the growing incorporation of innovative technologies to enhance performance and fuel efficiency would positively impact the deployment of air intel manifold in vehicles.
Automotive air intake manifold systems manufactured by casting procedure are witnessing considerable demand owing to their highly accurate design and greater efficiency. The introduction of vehicular communication systems, along with increasing innovative modifications in the design of internal combustion engines would encourage the adoption of air inlet manifolds in vehicles.
On the other hand, the rising incidence of accidents and corrosion resulting in a high percentage of vehicle parts replacement is likely to drive industry share from aftermarket channels.
Introduction of stringent automotive emission guidelines has been creating a conducive environment for the automotive air intake manifold market. Air intake manifolds or inlet manifolds are systems made out of a series of tubes that are used to evenly distribute combustion mixture or air to all cylinders in the engine. The even distribution of fuel and air plays a crucial role in optimizing the performance and fuel efficiency of engines. Notably, these manifolds are widely incorporated in automated control fuel injection engines and conventional prototypes.
An instance of such standards are the European Emission Standards, which are automobile exhaust emission norms for new vehicles sold in the EU and EEA member states. These emission regulations are comprised of a series of standards ranging from Euro 1 to Euro 7 for different kinds of light-duty vehicles, boosting the deployment of air intake manifold systems in automobile engines. Global automotive air intake manifold market size is slated to surpass US$34 billion by 2027.
Europe automotive air intake manifold industry is anticipated to expand at a notable pace in the upcoming years. The regional industry growth would primarily be on account of consistently rising demand for vehicles. As per the OICA, in 2019, nearly 1.38 million commercial vehicles and cars were produced in the UK alone.
Leading companies operating in global automotive air intake manifold industry include Toyota Boshoku Corporation, Mikuni Corporation, MAHLE GmbH, Sogefi SpA, Rochling Group, Tenneco Inc., Magneti Marelli, and AISIN SEIKI, among others. These air intake manifold manufacturers are focusing on partnerships, mergers, and new product launches to enhance their industry share.
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Some Point from Table of Contents:
Chapter 7 Automotive Air Intake Manifold Market, By Manufacturing Process
7.1 Automotive air intake manifold market manufacturing process insights
7.2 Injection molding
7.2.1 Market estimates and forecast, 2017–2027
7.2.2 Market estimates and forecast, by region, 2017–2027
7.3 Casting
7.3.1 Market estimates and forecast, 2017–2027
7.3.2 Market estimates and forecast, by region, 2017–2027
Chapter 8 Automotive Air Intake Manifold Market, By Distribution Channel
8.1 Automotive air intake manifold market distribution channel insights
8.2 OEM
8.2.1 Market estimates and forecast, 2017–2027
8.2.2 Market estimates and forecast, by region, 2017–2027
8.3 Aftermarket
8.3.1 Market estimates and forecast, 2017–2027
8.3.2 Market estimates and forecast, by region, 2017–2027
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