Automotive Intake Manifold Market Growth 2023, Rising Trends, Global Industry Share, Demand, CAGR Status, Challenges, Future Opportunities and Forecast 2032: SPER Market Research
An intake manifold is a part that feeds the cylinders with either air or an air/fuel mixture. These components all serve the same fundamental function and have a single input in addition to several outputs, despite the fact that their designs vary greatly depending on the application. The intake manifold joins the carburettor to the intake ports in engines using carburetors. The intake manifold joins the throttle body and intake ports in fuel-injected engines.
According to SPER market research, ‘Automotive Intake Manifold Market Size- By Vehicle Type, By Material, By Manifold Type, By Manufacturing Process, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the Automotive Intake Manifold Market is predicted to reach USD 78.35 billion by 2032 with a CAGR of 5.46%.
The huge increase in global auto manufacturing is the main driver propelling the automotive intake manifold market. The strict regulations imposed by the various environmental regulatory agencies regarding low CO2 emissions and fuel conservation have compelled automotive OEMs to design prototypes that are cutting edge, consume fuel efficiently, and release the least amount of exhaust during combustion. The global market for automotive intake manifolds is being driven by all of these factors.
However, a number of constraints, including a very low rate of product replacement, variable commodity prices, fluctuating currency exchange rates, and import-export barriers, are impeding the market’s expansion.
Moreover, due to the COVID-19 infestation, there has been a drop in product consumption, which can be attributed to the government’s strategy of preserving social segregation, incarceration, and retail occupancy levels. The COVID-19 pandemic, a global public health catastrophe never before seen, had an effect on almost every industry. The consequences are anticipated to have a long-term impact on a number of end-use sectors’ expansion during the course of the projected period. Enhancing the study framework allows for the consideration of COVID-19 issues and potential solutions, as well as changes in consumer demand and behaviour, shopping patterns, supply chain rerouting, dynamics of current market forces, and key government efforts.
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Geographically, North America is anticipated to be followed by Asia-Pacific as the region with the largest air intake manifold market. The largest market for vehicle intake manifolds is China, followed by India and the United States. The market for automotive intake manifolds will experience growth due to rising population, urbanisation, industrialization, adoption of better and more innovative technologies, massive investments from international companies, and government initiatives to provide affordable, environmentally friendly vehicles. Increased vehicle production is likely to open up a wealth of options for new players in developing countries. Additionally, some of the market key players are Aisin Seiki Co. Ltd, Donaldson, Holley Performance Products, Honda Foundry Co. Ltd, Keihin Corporation, MIKUNI Corporation, Others.
Automotive Intake Manifold Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.
By Product: Based on the Vehicle Type, Global Automotive Intake Manifold Market is segmented as; Passenger Cars, HCV, LCV, Sports Car
By Material: Based on the Material type, Global Automotive Intake Manifold Market is segmented as; Aluminium, Magnesium, Plastic/Other Composites, Iron
By Manifold Type: Based on the Type of Manifold, Global Automotive Intake Manifold Market is segmented as; Single Plane, Dual Plane, EFI, HI-RAM, Supercharger Intake
By Manufacturing Process: Based on the Manufacturing, Global Automotive Intake Manifold Market is segmented as; Injection Moulding, Casting
By Distribution Channels: Based on the Distribution Channel, Global Automotive Intake Manifold Market is segmented as; OEM, Aftermarket
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Automotive Intake Manifold Market Outlook
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