Vehicle Emission Standards and Impact Analysis Market

Global Vehicle Emission Standards and Impact Analysis Market Size (2024 to 2029)

The global vehicle emission standards and impact analysis market is growing highly and smoothly at a compound annual growth rate (CAGR) of 8.14 from 2024 to 2029.

Market Overview

The vehicle emission standards are a set of protocols that are implemented for automobile components, the making of tools, and the exhaust gas after-treatment framework. The main objective of this regulation is to minimize exhaust emissions from vehicles. Exhaust gas after-treatment systems play a key role in regulating exhaust emissions. After treatment systems are primarily integrated into vehicles equipped with diesel engines. Diesel-powered vehicles generate more harmful exhaust gases than gasoline-powered vehicles because gasoline contains fewer impurities than diesel.

The distinctive diesel after-treatment frameworks that were considered in the examination are the Diesel Particulate Filter (DPF), which traps the particles present in the fumes gases and gathers the subsequent ash; Diesel Oxidation Catalyst (DOC), which separates carbon monoxide and hydrocarbons into carbon dioxide and water; Lean NOx Trap (LNT), which decreases NO and NOx outflows produced during lean fuel ignition; Selective Catalytic Reduction (SCR), which separates hurtful fumes gases utilizing artistic blocks and valuable metals, for example, platinum, palladium and rhodium, which go about as impetuses; Variable Valve Timing (VVT), which changes valve timing and valve lift occasion; Dual Clutch Transmission (DCT), which houses two separate grasps, one for odd cog wheels and one for even pinion wheels, and kills the requirement for a force converter; and Variable Geometry Turbocharger (VGT), which diminishes discharges and increment productivity by permitting the successful angle proportion (A: R) of the super to change as conditions change.

The after-treatment systems market of automobile exhaust gases has seen tremendous growth in countries such as the United States, China, India, and Mexico, due to strict regulations in terms of emissions and increased vehicle production.

Market Drivers

The market for vehicle emission standards and impact analysis is primarily governed by emissions regulations that require the installation of exhaust gas after-treatment systems in vehicles. The market has grown steadily, due to strict emissions regulations around the world. Manufacturers of exhaust gas after-treatment systems are developing new and advanced exhaust gas treatment technologies to comply with emissions regulations set by government regulators. Additionally, automakers are working on developing new design platforms to reduce the amount of pollutants emitted by vehicles.

Market Restraints

Objective Emissions from ocean vessels not only have a negative effect on the environment but can also harm the health of living organisms. The International Maritime Organization (IMO) has issued several regulations to mitigate the negative externalities of shipping. Some contaminated areas have been designated as "Emission Control Zones" (ECAs). However, the IMO has not put any restrictions on the actual amount of emissions that could occur in ECAs.

Impact of COVID-19 on Vehicle Emission Standards and Impact Analysis Market

Government policies over the coronavirus pandemic have shifted the energy needs around the world. Many international borders have been closed and populations have been confined to their homes, reducing transportation and changing consumption patterns. At their peak, each country's emissions were reduced by –26% on average. Government actions and post-crisis economic incentives are likely to influence the trajectory of global CO2 emissions for decades. Before the 2020 COVID-19 pandemic, carbon dioxide emissions increased by about 1% per year during the previous decade, with no growth in 2019. Renewable energy production was growing rapidly amid falling prices, but much of the renewable energy was used alongside fossil energy and did not replace it, while emissions from surface transport continued to decline and increase.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Vehicle Emission Standards and Impact Analysis Market By Agency

Of these, the government segment accounted for the highest share compared to NGOs and private.

Global Vehicle Emission Standards and Impact Analysis Market By Designation

Of these, the other segment accounted for the dominant portion of the worldwide market compared to others.

REGIONAL ANALYSIS

The North American market is relied upon to develop at the most noteworthy CAGR during the estimated time frame, because of tough discharge principles and appeal for low-emanation vehicles, especially in the United States and Canada. A few OEMs are putting resources into the area, driven by components, for example, exacting discharge guidelines in the territory of California and popularity for super low and super low emanation vehicles. Asia-Pacific is expected to be the largest market for vehicle emission standards and impact analysis during the forecast period. Regulators in India, Japan, and South Korea have increased the rigor of their emissions standards/regulations to match those in Europe and the US India's jumping directly to BS VI emissions standards in 2020 would increase demand for exhaust gas after treatment systems. OEMs, for example, Toyota (Japan), Hyundai Motor Company (South Korea), and Honda Motor Company (Japan) are available in the locale.

KEY MARKET PLAYERS

Automotive Research Association of India (ARAI),European Automotive Research Partners Association (EARPA), The United States Council for Automotive Research (USCAR), China Association of Automobile Manufacturers (CAAM), Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (ACEA). These are the market main players that are dominating the global report.

RECENT HAPPENINGS IN THE GLOBAL VEHICLE EMISSION STANDARDS AND IMPACT ANALYSIS MARKET

• The China Association of Automobile Manufacturers (CAAM) has offered to delay the nationwide implementation of the Chinese emissions standard, according to local media, citing Chen Shihua, the association's deputy general secretary. However, the proposal has not yet been disclosed and it is not known if it will be approved by the authorities.
• CEOs and experts from key industries, including Martin Daum from Daimler Trucks, Florent Menegaux from Michelin, and Gerrit Marx from CNH Industrial, joined EU policymakers, end users, and infrastructure providers for a conference online on how zero-emission commercial vehicles can help decarbonize the trucking sector.
• The National Green Court has asked the Pune-based Indian Automobile Research Association to explain the details of the tests carried out on diesel cars produced by major German automaker Volkswagen.
• Several regions at the provincial level began implementing "China VI" vehicle emission standards ahead of schedule to step up efforts against a major source of air pollution.

DETAILED SEGMENTATION OF THE GLOBAL VEHICLE EMISSION STANDARDS AND IMPACT ANALYSIS MARKET INCLUDED IN THIS REPORT

This research report on the global vehicle emission standards and impact analysis market is segmented and sub-segmented based on Agency, Designation, and Region.

By Agency

• Government
• NGO
• Private

By Designation

• C- level
• D- level
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa