Abstract: As a strategic pillar industry of the national economy, the automotive industry is undergoing a transformative period characterized by deep integration of electrification, intelligence, networking, and sharing, driving the automotive parts industry into structural reshaping and technological leapfrogging. While new energy vehicles are developing rapidly, the dominant position of fuel vehicles in China's passenger car ownership has not changed. Policy orientations such as stricter emission regulations and the transformation of power systems towards energy efficiency provide automotive parts enterprises with diversified development space and technological upgrading opportunities.
The automotive exhaust system is not only a necessary condition for compliance with environmental regulations but also a key link in enhancing the overall vehicle performance, ensuring driving comfort and safety. With the advancement of 'National VII' emission standards and technological progress in thermal management, noise reduction, and vibration damping, the exhaust system is evolving from a single emission control component to an intelligent thermal energy management platform. Whether it is an internal combustion engine model or rapidly penetrating hybrid and extended-range electric vehicles, their thermal management and exhaust treatment systems still rely on advanced exhaust technology support. Therefore, the exhaust system market will continue to play an irreplaceable and important role under the future development pattern of multiple powertrain routes for automobiles, injecting strong momentum into the continuous evolution of China's automotive parts industry in the direction of 'green, efficient, and intelligent'.To analyze this trend more systematically, Frost & Sullivan (Frost & Sullivan) will join hands with industry-leading companies to release 'Research on China's Automotive Parts Market', focusing on the market competition pattern, market driving factors, and future development paths in the fields of automotive parts and exhaust systems.
