Global Two-Wheeler Catalytic Converter Market will Showcase Negative Impact during 2020-2024 | Increasing Stringency of Emission Norms for Two-wheelers to Boost Market Growth | Technavio

Technavio has been monitoring the two-wheeler catalytic converter market size and it is poised to grow by 0.84 million units during 2020-2024, progressing at a CAGR of about 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is concentrated, and the degree of concentration will accelerate during the forecast period. ACAT Global LLC, Akrapovic d.d., BASF SE, Cataler Corp., CDTi Advanced Materials Inc., Continental AG, Mark Exhaust Systems Ltd., Munjal Auto Industries Ltd., Scorpion Exhausts Ltd., and Varroc Engineering Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The increasing stringency of emission norms for two-wheelers has been instrumental in driving the growth of the market. However, the high penetration of low-cost bikes might hamper the market growth.

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Two-Wheeler Catalytic Converter Market 2020-2024: Segmentation

Two-Wheeler Catalytic Converter Market is segmented as below:

• Application
  • Entry-level
  • Mid-size
  • Full-size
• Geographic Landscape
  • APAC
  • South America
  • North America
  • Europe
  • MEA

Two-Wheeler Catalytic Converter Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The two-wheeler catalytic converter market report covers the following areas:

• Two-Wheeler Catalytic Converter Market Size
• Two-Wheeler Catalytic Converter Market Trends
• Two-Wheeler Catalytic Converter Market Industry Analysis

This study identifies the growth of multinational two-wheeler OEMs in emerging countries as one of the prime reasons driving the Two-Wheeler Catalytic Converter Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Two-Wheeler Catalytic Converter Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist two-wheeler catalytic converter market growth during the next five years
• Estimation of the two-wheeler catalytic converter market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the two-wheeler catalytic converter market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of two-wheeler catalytic converter market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five force summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application
• Entry level - Market size and forecast 2019-2024
• Mid-size - Market size and forecast 2019-2024
• Full-size - Market size and forecast 2019-2024
• Market opportunity by Application

Customer Landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ACAT Global LLC
• Akrapovic d.d.
• BASF SE
• Cataler Corp.
• CDTi Advanced Materials Inc.
• Continental AG
• Mark Exhaust Systems Ltd.
• Munjal Auto Industries Ltd.
• Scorpion Exhausts Ltd.
• Varroc Engineering Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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