Light Commercial Vehicles Exhaust System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Fuel Type, By After Treatment Type, By Component Type, By Region & Competition, 2021-2031F

Description

The Global Light Commercial Vehicles Exhaust System Market is projected to expand from USD 16.11 Billion in 2025 to USD 23.68 Billion by 2031, achieving a CAGR of 6.63%. This industry segment focuses on specialized hardware, including catalytic converters, manifolds, and mufflers, engineered to filter engine combustion byproducts and suppress noise. Growth is largely fueled by tightening environmental legislation that demands sophisticated emission control solutions, alongside the vigorous expansion of logistics and e-commerce sectors reliant on delivery fleets. Consequently, the appetite for internal combustion engine parts remains strong in key territories; for instance, the European Automobile Manufacturers' Association reported in 2024 that diesel remained the preferred powertrain for new EU van buyers, with registrations climbing by 10.5 percent to reach 1,340,003 units.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 16.11 Billion
Market Size 2031	USD 23.68 Billion
CAGR 2026-2031	6.63%
Fastest Growing Segment	Tailpipe
Largest Market	Asia Pacific

However, the sector confronts a significant hurdle driven by the swift electrification of fleet vehicles. The pivot toward battery electric vehicles, which operate without exhaust hardware, poses a threat to the long-term viability of the combustion component market. This transition is further hastened by regulatory initiatives pushing for zero-emission transport and the creation of urban low-emission zones, presenting a fundamental challenge to the sustained growth of the traditional exhaust manufacturing industry.

Market Driver

The enforcement of rigorous global emission mandates serves as a primary engine for both technological advancement and volume expansion within the exhaust sector. Governments worldwide are imposing strict caps on nitrogen oxides and particulate matter, forcing manufacturers to adopt sophisticated after-treatment technologies like gasoline particulate filters and selective catalytic reduction systems. These regulatory requirements effectively boost the revenue potential per vehicle by necessitating premium materials and advanced filtration hardware; notably, the United States Environmental Protection Agency's March 2024 update mandates a stricter particulate matter limit of 0.5 milligrams per mile across all vehicle classes, requiring upgraded filtration systems for light-duty fleets.

Concurrently, the increasing global production and sales volume of light commercial vehicles, driven by the growth of last-mile logistics, directly elevates the demand for exhaust assemblies. As delivery networks expand to accommodate e-commerce needs, the manufacturing rates of vans and light trucks have risen, securing a continuous order flow for traditional exhaust components. This resurgence is highlighted by strong industrial output in key hubs; according to the China Association of Automobile Manufacturers' January 2024 report, commercial vehicle sales in China hit 4.031 million units, a 22.1 percent annual increase. Similarly, the Society of Motor Manufacturers and Traders noted that commercial vehicle production in the United Kingdom skyrocketed by 98.4 percent in February 2024, supported largely by substantial export activity.

Market Challenge

The accelerating electrification of light commercial fleets poses a fundamental structural threat to the global exhaust system market. As municipalities and logistics providers shift toward battery electric vehicles (BEVs) to satisfy decarbonization goals, the requirement for conventional combustion hardware-including mufflers, catalytic converters, and manifolds-is effectively nullified. Because battery-powered platforms operate without exhaust infrastructure, every electric van introduced to a fleet permanently shrinks the addressable market for exhaust component suppliers, marking a definitive displacement of their core product rather than a temporary fluctuation.

This decline in the traditional customer base is becoming increasingly apparent in major markets undergoing active fleet modernization. Data from the Society of Motor Manufacturers and Traders indicates that in 2024, new battery electric van registrations in the United Kingdom increased by 3.3 percent to total 22,155 units. This growth in zero-emission vehicle adoption signals a slow yet irreversible shift, compelling suppliers to navigate a business environment where their primary revenue source is being systematically superseded by technologies that render traditional exhaust systems unnecessary.

Market Trends

The industry is increasingly adopting hybrid-specific exhaust architectures to manage the distinct thermal challenges posed by intermittent internal combustion cycles. Since hybrid powertrains frequently switch the engine on and off, exhaust temperatures fluctuate, potentially reducing catalytic converter efficiency; in response, suppliers are engineering systems with advanced thermal encapsulation and active heat management to ensure optimal function during engine downtime. This technical shift is fueled by the rising adoption of hybrid light commercial vehicles, as evidenced by Ford Motor Company's January 2025 report, which noted that the F-150 hybrid became America's top-selling hybrid truck with 73,845 units sold-a 47 percent increase that highlights the growing need for specialized hybrid exhaust solutions.

In parallel, the integration of sustainable and recyclable materials into exhaust production has become a critical strategy for lowering lifecycle carbon emissions. To meet automotive OEMs' strict Scope 3 decarbonization goals, component manufacturers are shifting from standard steel to fossil-free alloys and stainless steel with high recycled content for mufflers and manifolds. This approach reduces the embodied carbon of the systems while adhering to circular economy standards without compromising durability; for example, Outokumpu's 2024 Annual Report, released in March 2025, revealed that their stainless steel products-essential for corrosion-resistant exhaust systems-reached a record 95 percent recycled material content, allowing manufacturers to significantly reduce the carbon footprint of their emission control products.

Key Market Players

Faurecia
Tenneco Inc.
Eberspacher Group
Benteler International AG
Bosal International N.V.
Friedrich Boysen GmbH & Co. KG
Futaba Industrial Co., Ltd.
Continental AG
Yutaka Giken Co., Ltd.
Johnson Matthey

Report Scope

In this report, the Global Light Commercial Vehicles Exhaust System Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Light Commercial Vehicles Exhaust System Market, By Fuel Type

Gasoline
Diesel

Light Commercial Vehicles Exhaust System Market, By After Treatment Type

Diesel Oxidation Catalyst
Selective Catalytic Reduction
Gasoline Particulate filter

Light Commercial Vehicles Exhaust System Market, By Component Type

Catalytic Converter
Tailpipe
Mufflers

Light Commercial Vehicles Exhaust System Market, By Region

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Light Commercial Vehicles Exhaust System Market.

Available Customizations:

Global Light Commercial Vehicles Exhaust System Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Light Commercial Vehicles Exhaust System Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Fuel Type (Gasoline, Diesel)
- 5.2.2. By After Treatment Type (Diesel Oxidation Catalyst, Selective Catalytic Reduction, Gasoline Particulate filter)
- 5.2.3. By Component Type (Catalytic Converter, Tailpipe, Mufflers)
- 5.2.4. By Region
- 5.2.5. By Company (2025)
5.3. Market Map

6. North America Light Commercial Vehicles Exhaust System Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Fuel Type
- 6.2.2. By After Treatment Type
- 6.2.3. By Component Type
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Light Commercial Vehicles Exhaust System Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Fuel Type
    - 6.3.1.2.2. By After Treatment Type
    - 6.3.1.2.3. By Component Type
- 6.3.2. Canada Light Commercial Vehicles Exhaust System Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Fuel Type
    - 6.3.2.2.2. By After Treatment Type
    - 6.3.2.2.3. By Component Type
- 6.3.3. Mexico Light Commercial Vehicles Exhaust System Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Fuel Type
    - 6.3.3.2.2. By After Treatment Type
    - 6.3.3.2.3. By Component Type

7. Europe Light Commercial Vehicles Exhaust System Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Fuel Type
- 7.2.2. By After Treatment Type
- 7.2.3. By Component Type
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Light Commercial Vehicles Exhaust System Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Fuel Type
    - 7.3.1.2.2. By After Treatment Type
    - 7.3.1.2.3. By Component Type
- 7.3.2. France Light Commercial Vehicles Exhaust System Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Fuel Type
    - 7.3.2.2.2. By After Treatment Type
    - 7.3.2.2.3. By Component Type
- 7.3.3. United Kingdom Light Commercial Vehicles Exhaust System Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Fuel Type
    - 7.3.3.2.2. By After Treatment Type
    - 7.3.3.2.3. By Component Type
- 7.3.4. Italy Light Commercial Vehicles Exhaust System Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Fuel Type
    - 7.3.4.2.2. By After Treatment Type
    - 7.3.4.2.3. By Component Type
- 7.3.5. Spain Light Commercial Vehicles Exhaust System Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Fuel Type
    - 7.3.5.2.2. By After Treatment Type
    - 7.3.5.2.3. By Component Type

8. Asia Pacific Light Commercial Vehicles Exhaust System Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Fuel Type
- 8.2.2. By After Treatment Type
- 8.2.3. By Component Type
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Light Commercial Vehicles Exhaust System Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Fuel Type
    - 8.3.1.2.2. By After Treatment Type
    - 8.3.1.2.3. By Component Type
- 8.3.2. India Light Commercial Vehicles Exhaust System Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Fuel Type
    - 8.3.2.2.2. By After Treatment Type
    - 8.3.2.2.3. By Component Type
- 8.3.3. Japan Light Commercial Vehicles Exhaust System Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Fuel Type
    - 8.3.3.2.2. By After Treatment Type
    - 8.3.3.2.3. By Component Type
- 8.3.4. South Korea Light Commercial Vehicles Exhaust System Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Fuel Type
    - 8.3.4.2.2. By After Treatment Type
    - 8.3.4.2.3. By Component Type
- 8.3.5. Australia Light Commercial Vehicles Exhaust System Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Fuel Type
    - 8.3.5.2.2. By After Treatment Type
    - 8.3.5.2.3. By Component Type

9. Middle East & Africa Light Commercial Vehicles Exhaust System Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Fuel Type
- 9.2.2. By After Treatment Type
- 9.2.3. By Component Type
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Light Commercial Vehicles Exhaust System Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Fuel Type
    - 9.3.1.2.2. By After Treatment Type
    - 9.3.1.2.3. By Component Type
- 9.3.2. UAE Light Commercial Vehicles Exhaust System Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Fuel Type
    - 9.3.2.2.2. By After Treatment Type
    - 9.3.2.2.3. By Component Type
- 9.3.3. South Africa Light Commercial Vehicles Exhaust System Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Fuel Type
    - 9.3.3.2.2. By After Treatment Type
    - 9.3.3.2.3. By Component Type

10. South America Light Commercial Vehicles Exhaust System Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Fuel Type
- 10.2.2. By After Treatment Type
- 10.2.3. By Component Type
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Light Commercial Vehicles Exhaust System Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Fuel Type
    - 10.3.1.2.2. By After Treatment Type
    - 10.3.1.2.3. By Component Type
- 10.3.2. Colombia Light Commercial Vehicles Exhaust System Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Fuel Type
    - 10.3.2.2.2. By After Treatment Type
    - 10.3.2.2.3. By Component Type
- 10.3.3. Argentina Light Commercial Vehicles Exhaust System Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Fuel Type
    - 10.3.3.2.2. By After Treatment Type
    - 10.3.3.2.3. By Component Type

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Light Commercial Vehicles Exhaust System Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Faurecia
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Tenneco Inc.
15.3. Eberspacher Group
15.4. Benteler International AG
15.5. Bosal International N.V.
15.6. Friedrich Boysen GmbH & Co. KG
15.7. Futaba Industrial Co., Ltd.
15.8. Continental AG
15.9. Yutaka Giken Co., Ltd.
15.10. Johnson Matthey