According to Future Market Insights (FMI), the automotive air intake manifold market is poised to reach US$ 52,813.4 Mn by 2032 and register growth at 4.9% CAGR over the forecast period (2022-2032).
The market demand is anticipated to be driven by a push for personal mobility, need for comfort and safety, preference for premium features, and advanced safety. Further, it is anticipated that the market would expand due to the continued advancement of automotive technology, including automated driving systems and driver assistance technologies.
Key manufacturers are also working to meet the rising demand for fuel-efficient automobiles and give even more important safety benefits. Growing government involvement in supporting sustainable vehicle production and rising demand for road transport are two factors that are predicted to drive market expansion.
Cast iron, aluminium, and composite polymers have drastically transformed the material technology used in the car air intake manifold. By evenly distributing the combustion mixture to each intake port in the cylinder head, automotive air intake manifolds have a significant potential to maximise the efficiency and performance of the engine. Examples of such new material technologies include nylon 6,6 composite material and impact-resistant plastic.
Get Access to Sample Now:
Growing demand for fast racing cars and strict laws requiring the use of lightweight materials like aluminium and sophisticated composites in passenger and commercial vehicles to reduce vehicle maintenance are major factors influencing the automotive air intake manifold market.
Key Takeaways from Market Study
- By material type, the aluminum is estimated to account for the highest share of more than 49% in terms of value in 2022.
- On the basis of vehicle type, the passenger and sport cars will dominate the market creating an incremental opportunity of nearly US$ 15,199.8 Million from 2022 to 2032.
- By sales channel, OEM is set to account for more than 89% of the global automotive air intake manifold market.
- Based on manifold type, the dual plane segment is expected to register fastest growth over the forecast period.
- The U.S. is expected to spearhead the growth in automotive air intake manifold market during the evaluation period.
- Japan and Korea are expected to vanguard the sales in East Asia automotive air intake manifold marke through 2022 & beyond
“For better performance and volumentric efficiency of the vehicle, demand for automotive air intake manifold market is expected to surge. Further, with growing production of sustainable and fuel-efficient vehicles, manufacturers are predicted to boost the production of automotive air intake manifold and gain competitive edge”, says a Future Market Insights analyst.
The automotive air intake manifold market is identified to be consolidated, comprising market players such as Röchling SE & Co. KG, Marelli Holdings Co., Ltd., MANN+HUMMEL, MAHLE GmbH, and Donaldson Company, Inc. Market players forming supply contracts with local and regional automotive ancillaries are expected to drive market growth. Furthermore, tie-ups between intake manifold manufacturers are fueling automotive air intake manifold market growth. Moreover, the continual dependency of local automotive OEMs on aftermarket sales will surge demand for automotive air intake manifold during the forecast period.
Get Your Report Customize, Visit:
Key Segments Covered in Automotive Air Intake Manifold Market Analysis
- Single Plane
- Dual Plane
- Supercharger Intake
- Passenger and Sport Cars
- Light Commercial Vehicles
- Heavy Commercial vehicles
- Magnesium Alloy
- Cast Iron
- High-Performance Plastics & Composites
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
Speak to our Research Expert:
Automotive air intake manifold Market Projection
The rising trend among automakers to offer automotive air intake manifolds as a mandatory component in their vehicles Passenger cars are one of the significant vehicle segments supporting the expansion. The sector is anticipated to benefit from expanding auto production and rising sales of sports, luxury, and high-end vehicles.
The global automotive air intake manifold market report offers noteworthy insights and analysis for the forecast period of 2022-2032. The report includes macroeconomic factors, regional pricing analysis, market dynamics, value chain analysis, market value, and volume analysis, emerging market trends, important stakeholders, a list of manufacturers and distributors, an industry roadmap for the last five years, channel partners, and strategies deployed by market players to gain a competitive edge.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
For Sales Enquiries: email@example.com
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs