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The commercial fleet owners for logistics and transportations prefer diesel engine vehicles because they are more durable, require less maintenance, and produce more drive force in comparison to gasoline engines. They equip their heavy and light commercial vehicles with diesel IC engines because it produces large amounts of torque at low RPMs. Our automotive selective catalytic reduction (SCR) market research identifies the increased penetration of diesel engines in commercial vehicles to be one of the major factors that will have a positive impact on the growth of the market. To prevent the emission of large amount of NOx and particulate matter from diesel engines, manufacturers are using aftertreatment technologies such as SCR, EGR, and DPF. These technologies ensure better performance of SCR diesel engines. Technavio’s automotive selective catalytic reduction market analysis predicts that the market will grow at a CAGR of more than 5% by 2022.
Emerging countries have introduced Euro 6 emission standards to control and maintain the levels of harmful emissions such as carbon monoxide, oxides of nitrogen, hydrocarbons, and particulate matter. The implementation of advanced Euro emission standards is identified as one of the key trends that will gain traction in the automotive selective catalytic reduction (SCR) market during the forecasted period. It has been observed that other emerging nations such as Brazil, Thailand, and Russia are also adopting emission standards similar to Euro emission norms. This will positively influence the demand for automotive selective catalytic reduction system.
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Technavio's industry research report on the global automotive selective catalytic reduction market 2018-2022 will help you-
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The automotive selective catalytic reduction (SCR) market appears to be highly concentrated. This industry research report offers information about the competitive environment among the players in the selective catalytic reduction market and offers an analysis of key companies and their products. Additionally, our analysts also offer information about the key areas the players currently focus on and the strategies they follow to sustain the competition.
This research report provides an analysis of various companies in this market including-
In terms of geography, the Americas accounted for the majority market share during 2017. It has been estimated that the selective catalytic reduction market will experience growth in the region for the next four years.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY VEHICLE TYPE
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
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