Automotive Air Intake Manifold Market Report
Automotive Air Intake Manifold Market is Segmented by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium- & Heavy-Duty Commercial Vehicle), by Manifold Type (Standard AIM and Variable AIM), by Material Type (Composites [Lost Core, Shell, and Others], Aluminum, and Others), by Manufacturing Process (Injection-Molded AIM and Casting-based AIM), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Automotive Air Intake Manifold Market is Segmented by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium- & Heavy-Duty Commercial Vehicle), by Manifold Type (Standard AIM and Variable AIM), by Material Type...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
The global automotive air intake manifold market is projected to grow at a healthy rate over the next five years to reach US$ 3,387.2 million in 2023. Organic growth in automobile production owing to increasing disposable income and growing urbanization, and increasing demand for lightweight air intake manifold to reduce the overall vehicle weight for achieving stringent government regulations, such as CAFÉ Standards are some of the major growth drivers of the global automotive air intake manifold market.
The auto industry has efficaciously been undergoing the most dynamic and disruptive technological advancements since the last decade. This is also leaving a great impact on each of the major components including air intake manifolds. There have been various advancements in air intake manifold regarding design, material, process, etc. in order to meet the changing market requirements, addressing stringent regulations regarding fuel efficiency and carbon emissions, and to remain competitive in the market.