‘Exhaustive’ Report Available from Research and Markets
In response to market changes, a tighter regulatory environment and pressure on costs, exhaust and after-treatment system suppliers face both opportunities and challenges in the next five years. This growth will occur in part due to the overall increase in the world market for passenger cars, which is expected to grow in volume by 34 per cent from 66 million units in 2006 to around 85 million by 2014. This will create increased demand for more exhaust and after-treatment systems. But on top of this organic increase in sales, other factors will create additional growth, taking exhaust and after-treatment system supplier revenues to an even higher level.