Global Automotive Intake Manifold Market to Reach USD 58,750.3 Million in 2024: Transparency Market Research

According to a new market report published by Transparency Market Research, “Automotive Intake Manifold Market (By Material Type – Aluminum, Plastic, Composites; By Vehicle Type – Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 – 2024” was valued at US$ 42,791.6 Mn in 2015 and is expected to reach US$ 58,750.3 Mn by 2024, growing at a CAGR of 3.6% during forecast period.

Browse the full report at http://www.transparencymarketresearch.com/automotive-intake-manifolds-market.html

The purpose of an inlet manifold or intake manifold is to distribute the air-fuel mixture evenly to the cylinders and also to the carburetor in a non-fuel injected engine. A chief function of the intake manifold is the even distribution of fuel In order to maximize the functioning of the engine and its efficiency. Automotive intake manifolds distribute air/fuel mix in a non-direct injection panel or air into the cylinders of a direct injection engine. It is a difficult sealing challenge for the automakers in light of new manifold materials, stringent emission requirements, higher engine temperatures and requirement of longer fuel system life. The primary driving factors of the global automotive intake manifold market are increasing global vehicle production and stringent government regulations to manufacture lightweight vehicles. Further, the healthy economic growth of the emerging economies such as China, Taiwan, Japan, India, Singapore and South America is boosting the production and usage of vehicles, which is in turn, expected to further drive the demand for automotive intake manifolds in the coming years. These driving factors are set to bolster the growth of the global market from 2016 – 2024.

Based on material type, the global automotive intake manifold market has been segmented into aluminum, plastic and composites. The aluminum materials acquired the largest share of the global market in 2015. Aluminum is predominantly used when lighter weight of the manifolds is judged more importance for smooth performance. Further, Intake manifolds are constantly under stress from the engine vacuum pressure along with the direct heat from cylinder combustion gases, cylinder heads to which they are mounted and coolant. Thicker construction in the critical areas prevent any erosion from the dirty coolant and an addition of aluminum reinforcements helps to provide an increased load bearing capacity to the intake manifold. However, the usage of plastics and composites has witnessed significant growth in the recent years and composites are anticipated to record the fastest growth rate during the forecast period, owing the multiple benefits offered by them including, excellent strength to weight ratio, recyclability, lightweight, high temperature resistance, low part cycle time and good surface finish.

By type of vehicles, the global market has been broadly classified into passenger cars, light commercial vehicles and heavy commercial vehicles. Passenger cars held the largest share of the global market in 2015 and they are expected to witness steady growth during the forecast period. Increasing demand for lightweight vehicles coupled with the high number of vehicles produced globally are the chief growth drivers of this segment.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/automotive-intake-manifolds-market.htm

By geography, the automotive intake manifold market has been segregated into North America, Europe, Asia Pacific, Middle East and Africa and South America. In 2015, the highest share of the global market was held by Asia Pacific. Increasing production and use of passenger cars in the Asia Pacific region, coupled with the rapid growth of the automotive sector and application of advanced technologies in automotive intake manifolds are set to swiftly drive the market growth. In addition, the growth in the production and the use of hybrid and electric vehicles in the coming years is expected to positively influence the demand for automotive intake manifolds throughout the forecast period. Asia Pacific was closely followed by Europe and these two regions jointly held more than 65% of the global market in 2015. Economic reforms in Europe, private equity investments and mergers and acquisitions of major automotive manufacturing companies are the major factors driving the growth of the automotive intake manifold market in the Europe region.

Some of the major players in the automotive intake manifold market are: Mann+Hummel Group (Germany), MAHLE GmbH (Germany), Aisin Seiki Co., Ltd. (Japan), Magneti Marelli S.p.A. (Italy) and Röchling Group (Germany) among others.

The global automotive intake manifold market has been segmented into:

Automotive Intake Manifold Market, by Material Type

  • Aluminum
  • Plastic
  • Composites

Automotive Intake Manifold Market, by Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles 

Automotive Intake Manifold Market, by Geography: The market is broadly segmented on the basis of geography into:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
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