Automotive Air Intake Manifold Market Outlook To 2027: Growth Drivers & Regional Statistics
The size of automotive air intake manifold market was registered at USD 29 billion in the year 2020 and is anticipated to cross USD 34 billion by 2027. Between the period 2021-2027, the market is expected to register a CAGR of 3.3%.
Global automotive air intake manifold market is touted to experience stellar growth over the coming years driven by the rising consumer preference for vehicle ownership. Rising urbanization, increasing disposable incomes, and various other similar factors are responsible for stimulating the sales of passenger vehicles across various emerging and developed economies.
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The significant expansion in the logistics and e-commerce sectors has positively influenced the demand for light commercial automobiles in recent times. According to OICA, nearly 21.78 million commercial vehicles were produced in 2020.
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.
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.
This can be ascribed to the product’s growing prominence and potential attributes. Automotive air intake manifold is generally used in the engine assembly for the facilitation of fuel and air distribution to enable internal combustion. It involves a single air inlet for passage through several runners or tubes of a combustion cylinder. Apparently, the manifolds find diverse applications in automated control fuel injection principles and traditional prototypes.
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.
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.
Europe automotive air intake manifold market 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.
Additionally, rising government initiatives to curb vehicle emission by promoting lightweight automotive materials and sustainable technologies are slated to encourage European automobile manufacturers to deploy air inlet manifold systems in vehicles.
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Some Point from Table of Contents:
Chapter 5 Automotive Air Intake Manifold Market, By Material
5.1 Automotive air intake manifold market material insights
5.2 Aluminum
5.2.1 Market estimates and forecast, 2017–2027
5.2.2 Market estimates and forecast, by region, 2017–2027
5.3 Magnesium
5.3.1 Market estimates and forecast, 2017–2027
5.3.2 Market estimates and forecast, by region, 2017–2027
5.4 Plastic/other composites
5.4.1 Market estimates and forecast, 2017–2027
5.4.2 Market estimates and forecast, by region, 2017–2027
5.5 Iron
5.5.1 Market estimates and forecast, 2017–2027
5.5.2 Market estimates and forecast, by region, 2017–2027
Chapter 6 Automotive Air Intake Manifold Market, By Manifold
6.1 Automotive air intake manifold market manifold insights
6.2 Single plane
6.2.1 Market estimates and forecast, 2017–2027
6.2.2 Market estimates and forecast, by region, 2017–2027
6.3 Dual plane
6.3.1 Market estimates and forecast, 2017–2027
6.3.2 Market estimates and forecast, by region, 2017–2027
6.4 EFI
6.4.1 Market estimates and forecast, 2017–2027
6.4.2 Market estimates and forecast, by region, 2017–2027
6.5 HI-RAM
6.5.1 Market estimates and forecast, 2017–2027
6.5.2 Market estimates and forecast, by region, 2017–2027
6.6 Supercharger Intake
6.6.1 Market estimates and forecast, 2017–2027
6.6.2 Market estimates and forecast, by region, 2017–2027
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