Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact email@example.com
SOURCE Research and Markets
DUBLIN, Feb. 13, 2018 /PRNewswire/ --
The "Global Automotive Selective Catalytic Reduction (SCR) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global automotive selective catalytic reduction (SCR) market to grow at a CAGR of 5.42% during the period 2018-2022.
Selective catalytic reduction (SCR) is an advanced active emission control technology system that converts nitrogen oxides (NOx) into nitrogen, tiny amounts of carbon dioxide, and water. The system uses diesel exhaust fluid (DEF), which is a liquid reductant agent that is injected into the exhaust stream of a diesel engine.
The report covers the present scenario and the growth prospects of the global automotive selective catalytic reduction (SCR) market for 2018-2022. To calculate the market size, the report considers the penetration and market estimates of the OEM-fitted SCR system. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is Implementation of advanced Euro emission standards in emerging countries. Euro 6 emission standards are a set of regulations for controlling and maintaining the levels of harmful emissions. They mainly deal with the emission levels of the following: CO, carbon monoxide, NOx, oxides of nitrogen and HC, hydrocarbons.
According to the report, one of the major drivers for this market is Increased penetration of diesel engines in commercial vehicles. Most of the heavy and light commercial vehicles are equipped with diesel IC engines. As heavy commercial vehicles are mostly used for transporting heavy cargo, they require high amounts of torque. Diesel engines have the capability of producing large amounts of torque at low RPMs. They produce more drive force compared with gasoline engines and are more durable as they require less maintenance. Therefore, diesel engine vehicles are the first choice of commercial fleet owners for logistics and transportations
Further, the report states that one of the major factors hindering the growth of this market is Alternate exhaust aftertreatment technologies. Stringent emission norms such as Euro 6 and US tier-2 regulations have forced vehicle OEMs to employ advanced aftertreatment systems, such as SCR, LNT, DPF, DOC, and EGR. European OEMs, such as Daimler, Volkswagen, PSA Group, and Renault-Nissan are adopting SCR technology for the larger engines segment. For the small engine segment vehicles, OEMs are looking forward to using both SCR and DPF systems combined.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY VEHICLE TYPE
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/research/jqtmp9/global_automotive?w=5
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
View original content:http://www.prnewswire.com/news-releases/global-automotive-selective-catalytic-reduction-scr-market-2018-2022-challenges-trends--drivers---market-to-grow-at-a-cagr-of-542-300598014.html
©2017 PR Newswire. All Rights Reserved.