Two Wheeler Exhaust Market in India Size And Forecasts 2030
Last Updated: Apr 25, 2025 | Study Period:
TWO WHEELER EXHAUST MARKET IN INDIA
KEY FINDINGS
- The two-wheeler exhaust market in India is estimated at $392 Million in 2019, growing at 9% CAGR till 2024
- The >200cc segment is expected to grow by 16.4% by volume and 24.1% by value in 2021-2026. The exhaust system used in this segment is 80-90% more expensive than <110cc segment
- The Indian auto component supplier Industry doesnât rank under top 15 globally, in terms of revenue and R&D spending. As a result,all exhaust system manufacturers are relying on 5 international catalyst companies in India for coating
SUMMARY OF REPORT
- The two-wheeler exhaust market in India has taken a hit due to mandatory 5 years third-party insurance rule, high fuel prices and NBFC(Non-banking Financial companies) liquidity crunch resulted in reduced lending and brought down the industry volume
- Experts proclaim that weak economic health, uncertain regulatory landscape, abnormal monsoon pattern and poor consumer sentiments towards the vehicles caused a decline in two-wheeler sales.
- Since majority of the two- wheelers sold In India are low cost(<$1,000),a competitive B-2-B price offered by supplier holds immense value
- The Major market shift in exhaust system of two-wheelers will be from 2-way to 3-way Catalytic Converter.Additionally, Reduction of NOx in 2-wheeler emission will take place with a REDUCTION CATALYST
- The noise of exhaust system will drop because of structural changes in muffler and overall weight reduction of exhaust will be around 2-3 %.
- The catalytic converter is in some cases manufactured by tier-1 exhaust supplier, by sourcing substrate from one supplier and catalyst/coating from another
- Due to implementation of FI(Fuel Injection) and OBD(On-board diagonostics),the vehicles might get Lambda sensor to monitor the flow of exhaust gases. The emission can be altered through a control system. Thus, reducing the work of catalytic converter, avoiding the use of additional CATCON and even there are chances of not changing the size of CATCON
KEY CONTENTS- TWO WHEELER EXHAUST MARKET IN INDIA
- Two-wheeler exhaust system manufacturing in India
- Breakdown of two-wheeler exhaust system by sub-component
- Impact of BS VI emission norms on two-wheeler exhaust system price and sourcing
- Market Size ,Dynamics and Forecast By Engine capacity(<110cc, 110-200cc,>200cc)
- Market Size ,Dynamics and Forecast, By Sub-component(Exhaust pipe, Muffler, Catalytic converter)
- Competitive Landscape
- Market share of vendors-2021
- OE-supplier alignment in two-wheeler exhaust market in India
- Unmet needs and Market Opportunity for suppliers (Tier-1 and Tier-2)
- Conclusion
| Sl no | Topic | Slide number |
| 1 | Market Segmentation | 4 |
| 2 | Research Methodology | 5 |
| 3 | Scope | 6 |
| 4 | Abbreviations | 7 |
| 5 | Executive Summary | 10-12 |
| 6 | Introduction | 14-15 |
| 7 | Insights from Industry stakeholders | 17 |
| 8 | Two-wheeler exhaust system manufacturing in India | 19-20 |
| 9 | Key criteria for Exhaust system vendor selection by two-wheeler OEMs | 22 |
| 10 | Breakdown of two-wheeler exhaust system by sub-component, gross margin | 24 |
| 11 | Impact of BS VI emission norms on two-wheeler exhaust system price and sourcing | 26-27 |
| 12 | About catalyst, honeycomb structure, steel casing sourcing in India | 29-31 |
| 13 | Catalytic converter mapping(Number per vehicle and type of substrate) by Vehicle model in BS VI(April 2020 onwards) | 33-35 |
| 14 | Market Size ,Dynamics and Forecast By Engine capacity(<110cc, 110-200cc,>200cc) | 37-39 |
| 15 | Market Size ,Dynamics and Forecast By Sub-components | 41 |
| 16 | Competitive Landscape | 43-44 |
| 17 | Market share of vendors | 45 |
| 18 | OEM-supplier relationship in two- wheeler exhaust system market | 46 |
| 19 | Unmet needs and Market Opportunity for suppliers (Tier-1 and Tier-2) | 48 |
| 20 | Conclusion | 49 |
