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Vehicle Emission Regulations for Passenger Cars and Light-Duty Vehicle Based on European Standards



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By : vicky paramguru    9 or more times read
Submitted 2018-08-28 18:53:50
The report "Vehicle Emission Standards & Impact Analysis by Emission Regulations (Vehicle Type (Light Duty, Heavy Duty), Fuel Type (Gasoline, Diesel), Region (Europe, Asia-Oceania, North America, Row), and Automotive Regulatory Bodies) - Global Analysis and Forecast to 2020", defines automotive emission regulations, with an impact analysis for automotive stakeholders and the global market size of emission reduction technologies, by volume.
Browse 53 market tables and 24 figures spread through 78 pages and in-depth TOC on "Vehicle Emission Standards & Impact Analysis by Emission Regulations (Vehicle Type (Light Duty, Heavy Duty), Fuel Type (Gasoline, Diesel), Region (Europe, Asia-Oceania, North America, Row), and Automotive Regulatory Bodies) - Global Analysis and Forecast to 2020"

https://www.marketsandmarkets.com/Market-Reports/vehicle-emission-standards-impact-analysis-116642910.html

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The automotive exhaust aftertreatment systems market is estimated to be 141,366.05 Thousand units in 2015, and is projected to reach 206,430 Thousand units by 2020, growing at a CAGR of 7.87% from 2015 to 2020. The automotive exhaust aftertreatment systems market has witnessed considerable growth in countries such as the U.S., China, India, and Mexico, owing to the increasing vehicle production and stringent emission norms.
The automotive exhaust aftertreatment systems market has witnessed considerable growth in countries such as the U.S., China, India, and Mexico, owing to progressively stringent safety norms and increasing vehicle production. Stakeholders that would be affected by stringent emission regulations include vehicle manufacturers, component manufacturers, consumers, downstream stakeholders, and government regulatory bodies. The parameters that determine the exhaust emissions from vehicles are vehicular technology, quality of fuel, inspection and maintenance of the vehicle, and traffic management. Upcoming stringent automotive regulations are expected to create a strong link between the automotive industry and its stakeholders.
The market for automotive exhaust aftertreatment systems is mainly driven by emission regulations that mandate the installation of exhaust aftertreatment systems in vehicles. The automotive exhaust aftertreatment systems market has witnessed consistent growth, owing to stringent emission regulations across the globe. Exhaust aftertreatment system manufacturers are developing new and advanced exhaust aftertreatment technologies to comply with the emission regulations set by government regulatory bodies. Additionally, vehicle manufacturers are working on developing new design platforms to reduce the amount of pollutants emitted by vehicles.
Vehicle emission regulations are a set of guidelines/protocols for automotive component/vehicle design, manufacturing equipment, and exhaust aftertreatment system manufacture. The primary objective of these regulations is to minimize vehicle exhaust emissions. The automotive exhaust aftertreatment systems market, by volume, is projected to grow at a CAGR of 7.87% from 2015 to 2020. This growth can be attributed to the impact of current and pending emission regulations across the globe.
Exhaust aftertreatment systems play a key role in regulating exhaust emissions. Aftertreatment systems are mainly incorporated in vehicles with diesel engines. Diesel-propelled vehicles generate more harmful exhaust gases than those using gasoline, as gasoline has less impurities than diesel. The different diesel aftertreatment systems that have been considered in the study are the diesel particulate filter (DPF), which traps particulate matter present in the exhaust gas and collects the resultant soot; diesel oxidation catalyst (DOC), which breaks down carbon monoxide and hydrocarbons into carbon dioxide and water; lean NOx trap (LNT), which reduces the NO and NOx emissions generated during the lean burning of fuel; selective catalytic reduction (SCR), which breaks down harmful exhaust gases with the help of ceramic brick and precious metals such as platinum, palladium, and rhodium, which act as catalysts; variable valve timing (VVT), which alters the valve timing and lift event of valves; dual clutch transmission (DCT), which houses two separate clutches—one for odd and one for even gear sets—and eliminates the need for the torque converter; and variable geometry turbocharger (VGT), which helps reduce emissions and increases efficiency by allowing the effective aspect ratio (A:R) of the turbo to be altered as conditions change.
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Asia-Oceania: Fastest-growing market for automotive aftertreatment exhaust systems
Asia-Oceania has emerged as a global leader in terms of vehicle production, and also manufactures the highest number of automotive aftertreatment exhaust systems. China has been the largest automobile market in the world for the past decade. This can be primarily attributed to major OEMs setting up manufacturing plants in the country, as it offers favourable work conditions and an economical workforce, and represents promising opportunities for the automotive exhaust aftertreatment systems market. India plans to skip the BS V emission norms, and to directly implement BS VI emission norms in 2020. This will result in the increased adoption of aftertreatment exhaust systems in the country. Aftertreatment devices used for the treatment of diesel exhaust gases offer major growth opportunities for exhaust aftertreatment system manufacturing companies. The latest emission norms have lowered the permitted emission limit for a vehicle. This has boosted the growth of diesel exhaust aftertreatment systems, as they help OEMs comply with these norms. Aftertreatment devices are not limited to diesel engines; some of the modern gasoline-powered vehicles incorporate gasoline particulate filters (GPF). The GPF is a technology that was developed to reduce particulate matter content in exhaust gases, as the direct injection in gasoline engines creates additional particulate matter. The sales statistics for Asia-Oceania indicate promising growth potential, due to the increasing sales of passenger cars, pick-up trucks, and SUVs. Additionally, the region has stringent emission and fuel economy standards.
The report outlines the global emission regulations and their impact on automotive stakeholders. It covers the global automotive aftertreatment exhaust systems market, in terms of volume (‘000 units). It explains the qualitative and quantitative aspects of the automotive exhaust aftertreatment systems market on the basis of emission regulations by region and impact analysis for stakeholders. It also provides an overview of technical factors and other important aspects of the automotive exhaust aftertreatment systems market.
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