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The global automotive carbon canister market size is expected to grow at a CAGR of 4.10% between 2024 and 2032, driven by the thriving automotive sector across the developing nations.
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An automotive carbon canister is a rectangular shaped component in an automobile’s evaporative emission control system which consists of activated particles of carbon. These particles are capable of adsorbing and desorbing volatile organic compounds (VOC) in order to optimise the fuel economy while reducing the emission of greenhouse gases. Automotive carbon canisters store the emissions secreted when a vehicle is on stand-still.
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Based on sales channel, the automotive carbon canister market can be segmented into OEM and aftermarket. On the basis of vehicle type, the market can be classified into passenger cars and commercial vehicles. By region, the market can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global automotive carbon canister market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
The passenger vehicle segment, based on vehicle type, accounts for a sizeable automotive carbon canister market share, driven by the rising sale of personal vehicles globally. Increasing disposable income, rising living standards, rapid urbanisation, and increasing number of corporate workers are leading to a greater dependence on passenger vehicles for daily commutes. With the large number of passenger vehicles sold and operating on roads, importance of automotive carbon canisters is greater. Accordingly, there is an increasing focus of major passenger vehicle manufacturers aimed towards improving the quality of automotive carbon canister, further propelling the market growth.
Meanwhile, the increasing sale of commercial vehicles, owing to the burgeoning transport sector across the emerging economies, is escalating the demand for automotive carbon canisters to increasing the efficiency and profitability of the commercial transportation businesses.
On the basis of region, Asia Pacific holds a decent share in the automotive carbon canister market growth. The strong foothold of leading innovative automotive players in developed economies such as Japan and South Korea is fuelling the market growth in the region. Favourable policies of various governments aimed towards reducing the impact of automobiles on environment, existence of OEM, and rapid urbanisation are some of the factors positively influencing the sale of automotive carbon canisters.
Meanwhile, Europe is expected to account for a considerable share in the market for automotive carbon canisters in the forecast period because of the on-going improvements in emission control systems of European passenger cars to curb greenhouse gas emissions.
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ROKI Co., Ltd. is a leading automotive component manufacturing company which was established in the year 2012 and is currently headquartered in Shizuoka, Japan. This company is known to cater to the demands of the automotive industry by developing various components including filters, oil coolers, and plastic intake manifolds, among others.
Kayser Automotive Systems is a renowned automotive product manufacturer which provides expertise in fluid management, emission control, thermal management, and technology related to new energy vehicles. Currently headquartered in Kentucky, United States, the company was established in the year 1928 and entered into the automotive field in 1960. It has a presence in 12 locations across the world.
Futaba Industrial Co., Ltd. is an automotive parts manufacturing company which was founded in the year 1935 and is currently headquartered in Aichi, Japan. This company aims at improving the overall performance of a vehicle by increasing the fuel efficiency, enhancing environmental performance, and reducing noise. It focuses on developing quality products that it can offer its customers at a lower cost.
Other market players include Robert Bosch LLC and HELLA GmbH & Co. KGaA, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
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Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Sales Channel |
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Breakup by Vehicle Type |
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Breakup by Region |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is estimated to grow at a CAGR of 4.10% in the forecast period of between 2024 and 2032.
The increasing sale of passenger and commercial vehicles and stringent regulations by various governments aimed towards curbing the emission of greenhouse gases are the major drivers of the automotive carbon canister market.
The key trends in the market include the rising standards of living across the urban areas and innovations and advancements by major automotive manufacturers aimed towards improving the fuel efficiency of modern-day cars.
An automotive carbon canister stores gases emitted by an automobile when a vehicle is not moving.
An automotive carbon canister is connected to the fuel tank of a vehicle.
Indications of a malfunctioning automotive carbon canister include detecting odour of fuel in the cabin, inefficient performance of engine, poor fuel economy, and high emission rate.
OEM and aftermarket are the sales channels included in the market.
The significant vehicle types are passenger cars and commercial vehicles.
The regional markets for automotive carbon canister include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
ROKI Co., Ltd., Kayser Automotive Systems, Futaba Industrial Co., Ltd., Robert Bosch LLC, and HELLA GmbH & Co. KGaA, among others, are the key market players, according to the report.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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