According to Future Market Insights (FMI), the automotive air intake manifold market is poised to reach US$ 52,813.4 Million by 2032 and register growth at 4.9% CAGR over the forecast period (2022-2032).
Market Landscape
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.
Automotive air intake manifold Market Projection
The rising trend among automakers to offer automotive air intake manifold 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.
A push for personal mobility, demand for comfort and safety, preference for premium features and advanced safety is expected to drive the demand in the market. Further, continuing evolution of automotive technology, including driver assistance technologies, and automated driving systems are expected to facilitate the growth in the market.
Further, key players are aiming to deliver even more significant safety benefits and meet the increasing demand for fuel-efficient vehicles. Rising demand for road transportation and growing government intervention in promoting sustainable production of vehicles is likely to propel market growth.
The material technologies in the automotive air intake manifold have significantly changed, with cast iron, aluminum, and composite plastics. The rising wave of new material technologies, such as nylon 6,6 composite material and impact-resistant plastic, are creating significant potential for automotive air intake manifolds to evenly distribute the combustion mixture to each intake port in the cylinder head, which optimizes the efficiency and performance of the engine.
Rising demand for high-speed racing cars, and stringent regulations to use light-weight materials to improve vehicle maintenance, such as aluminum and advanced composites in passenger cars and commercial vehicles, are critical factors attributed to the automotive air intake manifold market.
For more information: https://www.futuremarketinsights.com/reports/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 Mn 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.