• Blog
  • Automotive Selective Catalytic Reduction (SCR) System Market Size, Share & Forecast (2018-2023)

    Automotive Selective Catalytic Reduction (SCR) System Market Size, Share & Forecast (2018-2023)

    Automotive Selective Catalytic Reduction (SCR) System Market Size, Share & Forecast (2018-2023)
    Report code - SRTI136 Published On : Jun,2018 No. of Pages: 204
    Automotive Selective Catalytic Reduction (SCR) System Market Size, Share, Trend, Forecast, See more...
    Purchase Report
    notch

     

    Automotive Selective Catalytic Reduction (SCR) System Market Insights

    There has been an incessant increase in emissions of polluting substances including carbon dioxide (CO2) and nitrogen oxide (NOx) particles from vehicles into the environment. In diesel engines, the level of NOx emissions is very high, whereas, in petrol engines, the emission of NOx particles is merely 5% that of emission from diesel engines.  Hence, there is a dire need for a proficient depollution system that can curb the NOx particles emitted from diesel vehicles. At present, there are two depollution systems available for reducing NOx particle emissions from diesel engine vehicles: SCR system (Selective Catalytic System) and Lean NOx-Trap (LNT) system.

    Between the two depollution systems available for diesel engine vehicles, the SCR system is expensive and complex but is also more efficient one than the LNT system as it converts nitrogen oxide into diatomic nitrogen and water vapor by injecting aqueous urea solution into the exhaust system. The SCR System has a maximum efficiency of 90-95% (NOx reduction of 90-95%), whereas the LNT system is a relatively less efficient system and offers the maximum efficiency of 70%. The SCR system is capable of handling a higher volume of exhaust fumes and can reduce NOx emissions up to 90 percent, while simultaneously reducing HC (hydrocarbon) and CO (carbon monoxide) emissions by 50-90 percent, and PM (particulate matter) emissions by 30-50 percent.

    Despite the high cost of the SCR system, it is expeditiously gaining the market traction, driven by its higher efficiency. Another factor giving an impetus to the demand for SCR system over LNT system is that there is a problem of clogging associated with the LNT system that results into the blockage of EGR (exhaust gas recirculation) valve. Due to which, automakers cannot reduce the number of recirculation processes, which leads to an increase in temperature and rise in the rate of NOx particles exceeding the amount of NOx that the LNT system can handle.

    The global automotive SCR system market is projected to grow at an impressive rate over the next five years to reach US$ 3.2 billion in 2023. Incessant increase in the penetration of SCR system in diesel vehicles to address the stringent regulations regarding the NOx emission reductions and fuel efficiency enhancements is the prime growth driver of the market.

    Automotive SCR System Market

    Wish to Get a Free Sample? Click Here

    Development of innovative SCR system is an indispensable focus area of the SCR system suppliers based on the requirements of auto OEMs. The market for SCR system is marked by major global automotive tier players including Faurecia, Plastic Omnium, and Tenneco. Also, it is expected that the excellent growth of SCR system may entice other players to enter the market to tap the growth potential.

    Automotive SCR System Market

     

    Automotive Selective Catalytic Reduction (SCR) System Market Share Analysis

    Automotive Selective Catalytic Reduction (SCR) System Market Share by Vehicle Type

    The global automotive SCR system market is segmented based on the vehicle type as Passenger Car, LCV (Light Commercial Vehicle), and M&HCV (Medium- and Heavy-Duty Commercial Vehicle). Passenger car segment is expected to remain the growth engine of the market during the forecast period of 2018 to 2023. Increasing production of passenger cars coupled with increasing penetration of SCR system in diesel engine-based passenger car models is likely to elevate the demand for SCR system in the segment in the foreseeable future.

    Automotive Selective Catalytic Reduction (SCR) System Market Share by Catalyst Type

    Based on the catalyst type, the automotive SCR system market is segmented as Copper Zeolite, Iron Zeolite, and Others (platinum, palladium, rhodium, etc.). Copper Zeolite is expected to remain the most dominant catalyst type in the global automotive SCR system market during the forecast period, owing to its better ammonia storage capabilities. Both, Iron Zeolite as well as other segments, are also likely to witness healthy growth rates over the next five years.

    Automotive Selective Catalytic Reduction (SCR) System Market Share by Catalyst Structure Type

    Based on the catalyst structure type, the market is segmented as honeycomb catalyst structure and others (plate and corrugated type). Honeycomb structure is expected to remain the most dominant type in the global automotive SCR System market during the forecast period, owing to its better surface coverage and regular flow.

    Regional Insights

    Based on regions, Europe is expected to remain the largest automotive SCR system market during the forecast period. Stricter emission norms of the European Commission have led to a faster adoption of SCR System into European vehicles. Ford Focus & Fusion, BMW 5 Series & 7 Series, Renault Twingo & Talisman, Citroen C4 Picasso, and Audi Q7 are some of the key European models that are relying on SCR system to reduce the level of emissions. Asia-Pacific is likely to depict the highest growth during the forecast period with China and India being the key sources of growth.

    Key Players

    The supply chain of this market comprises raw material suppliers, SCR system suppliers, distributors, automotive OEMs, and dealers. Key automotive SCR system manufacturers are Tenneco Inc., Faurecia SA, Plastic Omnium SA, and Rochling Group. Major automotive OEMs in the industry, which currently relies on the SCR systems, are Ford, BMW, Renault, Citroen, and Audi. Development of integrated SCR systems and formation of strategic alliances with automakers are the key strategies adopted by the major players to gain a competitive edge in the market.

    Research Methodology

    For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

     

    Market Scope & Segmentation

    Research Scope

    Trend & Forecast Period

    2012-2023

    Size in 2023

    US$ 3.2 billion

    Forecast

    1.8% CAGR during 2018-2023

    Regions Covered

    North America, Europe, Asia-Pacific, Rest of the World

    Countries/Subregions Covered

    the USA, Germany, Sweden, Italy, Russia, China, South Korea, India, Brazil and Others

    Figures & Tables

    >150

    Customization

    Up to 10% customization available free of cost

     

    The market is segmented in the following ways:

    Automotive Selective Catalytic Reduction System Market Size, Share & Forecast by Vehicle Type:

    • Passenger Car
    • Light Commercial Vehicles
    • Medium- & Heavy-Duty Vehicles

    Automotive Selective Catalytic Reduction System Market Size, Share & Forecast by Catalyst Type:

    • Copper Zeolite
    • Iron Zeolite
    • Others

    Automotive Selective Catalytic Reduction System Market Size, Share & Forecast by Catalyst Structure Type:

    • Honeycomb
    • Others

    Automotive Selective Catalytic Reduction System Market Size, Share & Forecast by Region:

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, The UK, Russia, Italy and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, South Korea, India and Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Brazil, Argentina, and Others)

     

    Report Features

    This report, from Stratview Research, studies the automotive selective catalytic reduction (SCR) system market over the trend period 2012 to 2017 and forecast period 2018 to 2023 both in terms of value and units. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.


    Frequently Asked Questions (FAQs)

    What is selective catalytic reduction system?

    Automotive Selective Catalytic Reduction System is mainly an active emission control system that inserts a redundant fluid in the diesel engine's exhaust stream. This fluid starts a reaction as a result of which nitrogen oxides get converted into nitrogen, a small amount of carbon dioxide and water. Automotive Selective Catalytic Reduction System is important because it is helpful in reducing emissions from diesel engines in a fuel-efficient and also a cost-effective way. The system is capable of reducing down NOx emission up to 90 percent.

    What will be the size of the Automotive Selective Catalytic Reduction System Market in the foreseeable years?

    Driven by a number of factors like Incessant increase in the penetration of SCR system in diesel vehicles, the automotive selective catalytic reduction system market is projected to reach an estimated value of US$ 3.2 billion in 2023.

    Which country/region is expected to remain the largest Automotive SCR Market?

    In terms of region, Europe is expected to remain the largest automotive SCR system market during the forecast period.

    Who are the key players in the Automotive Selective Catalytic Reduction System Market?

    Tenneco Inc., Faurecia SA, Plastic Omnium SA, and Rochling Group. are among the key players in the automotive selective catalytic reduction system market.

    •