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Global Automotive Market Forecasts Show Strong Growth in Exhaust Systems and Vehicle‑to‑Grid Sectors
Fortune Business Insights projects the worldwide automotive exhaust‑system market to reach US$63.14 billion in 2025 and expand to US$113.09 billion by 2034, reflecting a compound annual growth rate (CAGR) of 6.69 %. Europe is expected to lead the segment in 2025 with a 42.47 % share. Key players cited include Continental AG, Forecia, Teneco Co., and others.
Report Ocean forecasts the vehicle‑to‑grid (V2G) market to grow from US$6.27 billion in 2025 to US$658.4 billion by 2035, driven by a 26.5 % CAGR. The surge is linked to rapid electric‑vehicle (EV) adoption, the rollout of bidirectional charging infrastructure, and the integration of renewable energy sources. Major companies involved are Nissan Motor Corporation, Mitsubishi Motors Corporation, NUVVE, Fermata Energy, ENGIE Group, and others. The report notes challenges such as fragmented charging standards and limited availability of V2G‑compatible vehicles.
Entities
Continental AG · Fortune Business Insights · Mitsubishi Motors Corporation · Nissan Motor Corporation · Report Ocean