Global Silicon Carbide SiC DPF
Market Report
2024
The Global Silicon Carbide (SiC) DPF market size will enhance at a compound annual growth rate (CAGR) of 4.20% from 2023 to 2030
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Silicon Carbide (SiC) DPF market size is USD XX billion in 2023 and will enhance at a compound annual growth rate (CAGR) of 4.20% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Silicon Carbide SiC DPF Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
North America Silicon Carbide SiC DPF Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3% |
Europe Silicon Carbide SiC DPF Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.2% |
Asia Pacific Silicon Carbide SiC DPF Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.8% |
South America Silicon Carbide SiC DPF Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4% |
Middle East and Africa Silicon Carbide SiC DPF Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.1% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Silicon Carbide SiC DPF Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
What is Silicon Carbide (SiC) DPF?
The automotive industry employs advanced technologies like electric propulsion, autonomous driving, and connectivity features. Silicon carbide (SiC) is increasingly utilized in diesel particulate filters (DPF) due to its high thermal conductivity and durability. SiC DPFs enhance exhaust system efficiency, reducing particulate emissions in diesel vehicles. This market trend reflects a commitment to cleaner and more sustainable automotive solutions, aligning with global efforts to combat air pollution and promote environmental responsibility.
For instance, in March 2018, Faurecia inaugurated its 15th plant in Mexico in San Jose Iturbide, Guanajuato, where it invested US$ 86.2 million. The 10,000 square-meter structure, part of its Clean Mobility division, will fabricate exhaust systems for automakers including General Motors and Fiat Chrysler Automobiles (FCA), remarked Pilar Corona
Source-mexico-now.com/french-auto-supplier-faurecia-inaugurates-us-86-million-plant-in-guanajuato/
Key players in the Silicon Carbide (SiC) DPF market employs diverse strategies for market dominance. Some focus on technological innovation, introducing advanced SiC DPF solutions for improved efficiency and durability. Others prioritize strategic partnerships and collaborations to expand their market reach. Additionally, competitive pricing and cost-effective manufacturing methods are leveraged by some players to gain a competitive edge. Overall, a combination of innovation, partnerships, and cost management defines the dynamic strategies employed by key players in the SiC DPF market.
For instance, in October 2022, the German luxury car manufacturer Audi, a renowned German company, partnered with MANN+HUMMEL to pioneer a particulate filter for electric vehicles. This innovative filter was designed to gather particulate matter from the environment during driving and charging.
The demand for diesel engines is surging in developing nations due to industrial growth and transportation needs. Simultaneously, the Silicon Carbide (SiC) DPF market is witnessing a notable uptick. SiC DPFs are gaining popularity for their efficiency in reducing emissions from diesel engines. As developing nations embrace diesel technology for various applications, the SiC DPF market experiences a correlated rise, addressing environmental concerns and regulatory compliance in the evolving automotive landscape.
For instance, in June 2020, Clark launched its C40-55SD and C60-80D900 series diesel forklifts with four to eight-ton load capacities. These forklifts are provided with a Kubota diesel motor of level 5. This diesel engine is fitted with a diesel particulate filter (DPF) and diesel oxidation catalytic converter and is currently open.
The Silicon Carbide (SiC) DPFs face competition from alternative emission reduction technologies, such as cordierite filters and advanced catalytic converters. This challenge arises due to varying cost structures and effectiveness in meeting emission standards. Manufacturers must navigate the market dynamics, considering the cost-effectiveness and regulatory compliance of Silicon Carbide (SiC) DPFs against competing technologies to secure market share and address the evolving landscape of emission control solutions.
The COVID-19 pandemic significantly impacted global industries, including the silicon carbide (SiC) DPF market. Disruptions in supply chains, workforce limitations, and reduced manufacturing capacity hindered production and distribution. Despite challenges, the SiC DPF market demonstrated resilience as industries prioritized emission control. Increased environmental awareness and stringent regulations supported the market's growth, driving demand for SiC DPFs known for superior filtration and durability. The pandemic underscored the importance of sustainable solutions, amplifying SiC DPF market relevance in addressing environmental concerns and meeting regulatory standards.
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The major players rapidly develop new strategies to attain a competitive edge and capture a significant market share. The major Silicon Carbide (SiC) DPF market participants emphasize expanding their creative offerings to serve a large consumer base and gain a competitive advantage.
March 2019: Johnson Matthey launched the ActivDPFTM, an innovative diesel particulate filter (DPF) system for stationary diesel engines. This technology offers engineers and facility operators clean energy whenever needed without a filter monitoring system.
Top Companies Market Share in Silicon Carbide SiC DPF Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, Asia Pacific dominated the Silicon Carbide (SiC) DPF market in 2023 and accounted for around 36% of the global revenue, owing to the rapid industrialization, coupled with a burgeoning automotive sector, has led to heightened concerns about air quality. Stricter emission regulations, especially in countries like China and India, have mandated Silicon Carbide (SiC) DPF technology adoption. The commercial vehicle segment, including trucks and buses, is a major market driver. Additionally, a growing awareness of environmental issues and a shift towards sustainable transportation solutions further propel the demand for Silicon Carbide (SiC) DPF systems.
North America is the fastest-growing category due to the region's stringent emission regulations, compelling the automotive sector to adopt advanced exhaust filtration technologies. SiC DPFs efficiently reduce diesel engine emissions, aligning with environmental standards. Increased environmental awareness and government initiatives promote the adoption of cleaner technologies, fostering the growth of the SiC DPF market in North America.
The current report Scope analyzes Silicon Carbide SiC DPF Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, North America held a considerable market share in 2023, accounting for more than 30% and will expand at a CAGR of 3.0% from 2023 to 2030 owing to the region's stringent emission regulations, compelling automotive manufacturers to adopt advanced technologies for cleaner diesel engines. SiC DPFs play a vital role in reducing particulate matter emissions, aligning with environmental standards and promoting sustainable transportation in the region. According to Cognitive Market Research, growing awareness of environmental concerns and a rising aftermarket for emission control solutions contribute to increased adoption as vehicle owners seek to comply with emissions standards and enhance engine performance. In conclusion, the North American Silicon Carbide (SiC) DPF market exhibits growth driven by emission regulations. Key players, including Corning and Denso, contribute to advancements. The market's future hinges on regulatory dynamics and technological innovations.
According to Cognitive Market Research, the Europe Silicon Carbide (SiC) DPF market accounted for approximately 26% of the global market share and will enhance at a CAGR of 3.2% from 2023 to 2030 owing to the region's stringent emission regulations, emphasizing cleaner diesel engine technologies. With a focus on reducing particulate matter, SiC DPFs play a pivotal role, reflecting the automotive industry's commitment to environmental sustainability and compliance with increasingly strict emission standards in the European region. According to Cognitive Market Research, the aftermarket segment benefits from the need to retrofit existing vehicles with SiC DPFs to comply with evolving emission standards, enhancing air quality and sustainability across the continent. In conclusion, the Silicon Carbide (SiC) DPF market in Europe is driven by stringent emission regulations. Key players like Corning, NGK, and Ibiden contribute to advancements. Ongoing innovation and regulatory compliance shape the market's future.
According to Cognitive Market Research, Asia Pacific held the major market share in 2023 and, accounted for 36% of the global revenue and will expand at a CAGR of 5.8% from 2023 to 2030. This is due to stringent emission regulations, increasing automotive production, and growing environmental awareness. The government's emphasis on cleaner technologies propels demand, fostering the adoption of Silicon Carbide (SiC) DPF to curb diesel engine emissions, contributing to a sustainable automotive future in the region. According to Cognitive Market Research, original equipment (OE) manufacturers are integrating SiC DPFs to comply with these standards, ensuring reduced particulate emissions from diesel engines and contributing to environmental sustainability. In conclusion, the Asia-Pacific Silicon Carbide (SiC) DPF market exhibits growth due to stringent emission norms. Key players like NGK and Ibiden contribute to advancing automotive emissions control, driving environmental sustainability in the region.
According to Cognitive Market Research, Latin America's Silicon Carbide (SiC) DPF market accounted for more than 5% of the global revenue in 2023 and will expand at a CAGR of 4.0% from 2023 to 2030 automotive manufacturers in this region to adopt advanced technologies for diesel engines. As governments prioritize environmental sustainability, the demand for Silicon Carbide (SiC) DPFs grows, ensuring compliance and reducing particulate matter emissions, contributing to cleaner air and improved public health. According to Cognitive Market Research, increasing demand for off-road vehicles, coupled with the need for robust emission control solutions, positions Silicon Carbide (SiC) DPFs as crucial components, ensuring compliance with emissions standards and environmental sustainability. In conclusion, the Latin American Silicon Carbide (SiC) DPF market is influenced by emission regulations, economic factors, and automotive trends. Key players drive technology adoption. Continuous monitoring and adaptation are essential for sustainable growth.
According to Cognitive Market Research, the Middle East and Africa accounted for more than 3% of the global revenue and will expand at a CAGR of 4.1% from 2023 to 2030. This is due to the region's increasing environmental regulations, a growing emphasis on reducing vehicular emissions, and a rising demand for advanced emission control technologies. Silicon Carbide (SiC) DPFs contribute to cleaner air by efficiently trapping and reducing particulate matter from diesel engine exhaust. According to Cognitive Market Research, increasing adoption of stringent emission standards for road vehicles drives market growth. Silicon Carbide (SiC) DPFs reduce particulate emissions, promoting environmental sustainability and regulatory compliance, compelling the automotive sector to embrace this advanced emissions control technology in the region. In conclusion, the Middle East and Africa Silicon Carbide (SiC) DPF market is growing due to emissions regulations. Increasing demand for cleaner diesel engines presents opportunities, with key players driving innovation.
Global Silicon Carbide SiC DPF Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Silicon Carbide SiC DPF Industry growth. Silicon Carbide SiC DPF market has been segmented with the help of its Type, Application , and others. Silicon Carbide SiC DPF market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the original equipment (OE) segment held a prominent share in the market over the projected period due to stringent emission standards, as SiC DPFs enhance efficiency in reducing diesel engine emissions. Original equipment manufacturers (OEMs) prioritize SiC DPFs for their durability and superior particulate matter capture capabilities. Growing environmental awareness and government regulations promoting cleaner emissions fuel the demand for SiC DPFs in the OE market, positioning them as essential components for compliant and environmentally conscious automotive manufacturing.
Retrofit is the fastest-growing category in the Silicon Carbide (SiC) DPF market over the projected period due to the growing demand for emissions control solutions in existing diesel vehicles. As environmental regulations tighten, retrofitting SiC DPFs becomes crucial for achieving compliance. Manufacturers leverage SiC's superior filtration efficiency, durability, and high-temperature resistance to meet emission standards. This retrofit trend is fueled by a collective effort to reduce vehicular pollution and enhance air quality, positioning SiC DPFs as a key technology in the retrofit market for sustainable and cleaner diesel engine operations.
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According to Cognitive Market Research, road vehicles hold a prominent share in the Silicon Carbide (SiC) DPF market as governments push for cleaner air, and automotive manufacturers increasingly adopt SiC DPFs to meet these standards. SiC DPFs, with their high efficiency in particulate matter removal, play a pivotal role in reducing vehicle emissions, contributing to sustainable transportation and environmental conservation. The imperative fuels the market growth to achieve lower emissions and comply with evolving emission control norms in the road transportation sector.
Off-road vehicles is the fastest-growing category in the Silicon Carbide (SiC) DPF market. SiC DPFs reduce particulate matter in off-road diesel engine exhausts, ensuring compliance with environmental regulations. The industry's commitment to sustainability and minimizing environmental impact is the primary driver for this market adoption. As demand for cleaner off-road vehicles rises, manufacturers prioritize advanced emission control technologies like SiC DPFs, promoting eco-friendly practices in the off-road sector.
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Senior Research Analyst at Cognitive Market Research
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Silicon Carbide SiC DPF Market is witnessing significant growth in the near future.
In 2023, the Original Equipment (OE) segment accounted for noticeable share of global Silicon Carbide SiC DPF Market and is projected to experience significant growth in the near future.
The Road Vehicles segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Corning Incorporated , Ltd. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Type | Original Equipment (OE), Retrofit |
Application | Road Vehicles, Off-Road Vehicles |
List of Competitors | Corning Incorporated, NGK Insulators, Ltd., Ibiden Co., Ltd., Denso Corporation, Bosal International NV., Johnson Matthey, Faurecia, Continental AG, Cataler Corporation, HJS Emission Technology |
This chapter will help you gain GLOBAL Market Analysis of Silicon Carbide SiC DPF. Further deep in this chapter, you will be able to review Global Silicon Carbide SiC DPF Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Silicon Carbide SiC DPF market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Original Equipment (OE) have a significant impact on Silicon Carbide SiC DPF market? |
What are the key factors affecting the Original Equipment (OE) and Retrofit of Silicon Carbide SiC DPF Market? |
What is the CAGR/Growth Rate of Road Vehicles during the forecast period? |
By type, which segment accounted for largest share of the global Silicon Carbide SiC DPF Market? |
Which region is expected to dominate the global Silicon Carbide SiC DPF Market within the forecast period? |
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