Home > Automotive > Automotive Parts > Exterior Parts > Automotive Air Intake Manifold Market
The automotive air intake manifold market from passenger car accounted for around USD 19.5 billion in 2020. The segment is gaining popularity in developing nations of Asia Pacific due to changing consumer lifestyle and urbanization trends. The rate of car ownership is anticipated to have a positive influence post COVID era, with about 46% of the consumers agreed upon owning a personal car in 2021. Increasing concerns over hygiene and safety in public transport will further accelerate sales of vehicles across the globe.
Plastic and other composites segment is set to capture more than 30% of the automotive air intake manifold market revenue share by 2027 on account of cost effectiveness and lightweight properties. Growing awareness toward reducing carbon footprint from the automotive sector and increasing demand for plastic materials among OEMs are boosting product penetration.
Dual plane air intake manifold market is projected to generate demand of over 60 million units by 2027. The product is usually suitable for engines having rpm about 5,500 – 6,500 and requirement for higher torque and power. These manifolds have two different openings on plenum for supplying air fuel mixture to four cylinders, which comprise long runners to make them suitable for low to mid-range power requirement.
The injection molding process is poised to witness growth rate of about 4% in automotive air intake manifold market through 2027. The rising penetration of plastics & composite materials in product manufacturing will stimulate segment growth. This process has several advantages including low finishing requirement, capability to produce high quality & smaller parts, and eliminating the use of manual labor.
The aftermarket channel is forecast to reach USD 5 billion revenue by 2027 led by the growing demand for vehicle repair and replacement activities. The automotive collision repair market crossed approximately USD 950 billion in 2019, increasing the demand for repair parts in the industry. Rising sales of used vehicles and growing need for routine maintenance of engine components are majorly contributing to the industry statistics.
The Asia Pacific automotive air intake manifold market size is predicted to hold nearly 50% share by 2027. Rising vehicle production in China, Japan, India, South Korea, etc., is mainly contributing to the regional market expansion. Low production cost, availability of labor & materials at reasonable rate, and presence of large scale automakers have been key attraction for major OEMs in the past.
Favorable government policies for FDI and liberal environmental standards have increased the entry of many small & large auto companies over the past few decades in Asia. However, growing awareness toward emission control and leap toward carbon-free movement are expected to spur sustainability in the automotive industry, which will further enhance product development.