Global Commercial Vehicle SCR System Market Insights, Forecast to 2028

Commercial vehicle SCR system, also known as selective catalytic reduction exhaust gas treatment system, is a diesel vehicle exhaust gas treatment device. Under the action of a catalyst, a reducing agent reduces NOx to non-toxic N2.
Market Analysis and Insights: Global Commercial Vehicle SCR System Market
Due to the COVID-19 pandemic, the global Commercial Vehicle SCR System market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Light accounting for % of the Commercial Vehicle SCR System global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Heavy Truck segment is altered to an % CAGR throughout this forecast period.
China Commercial Vehicle SCR System market size is valued at US$ million in 2021, while the US and Europe Commercial Vehicle SCR System are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Commercial Vehicle SCR System landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Commercial Vehicle SCR System include Bosch, Anhui Aikelan Environmental Protection Co., Ltd, Cummins, Kailong High Technology, Tenneco Inc, Zhejiang Yinlun Machinery, Wuxi Weifu Group, Scania and MAN, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Commercial Vehicle SCR System capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Commercial Vehicle SCR System by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Commercial Vehicle SCR System Scope and Segment
Commercial Vehicle SCR System market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Commercial Vehicle SCR System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Light
Medium and Heavy
Segment by Application
Heavy Truck
Medium Truck
Large Bus
Medium Bus
By Company
Bosch
Anhui Aikelan Environmental Protection Co., Ltd
Cummins
Kailong High Technology
Tenneco Inc
Zhejiang Yinlun Machinery
Wuxi Weifu Group
Scania
MAN
Iveco
Groupe Renault
Volvo
DAF
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E