Automotive Regulations and Legislations Market
From their inception in the early 19th century, automobiles have become an integral part of human life. They play a significant role in our social and economic interactions and stating that the invention of automobiles has had the greatest impact on society will not be an understatement. This impact has touched various aspects of our society ranging from political, economic, social, legal, environmental, and technological. Automobiles have evolved over a period of time and today they come in various segments like passenger cars, light commercial vehicles, heavy commercial vehicles, three wheelers, and two wheelers. All these segments have a plethora of variants which differ technologically or in other aspects like comfort and safety. Hence, it becomes an absolute necessity to bring standardization to a product that is available globally and has such a wide scope of influence.
Over a period of time, automotive regulations have helped bring standardization to the sector in terms of passenger and pedestrian safety, vehicle security, weight, speed, emission limits, and others. These regulations differ for different vehicle segments and countries. Adherence to these norms is mandatory for vehicle and component manufacturers across globe. Needless to say, these regulations have a major impact on vehicle design and manufacturing.
The report covers automotive regulations for vehicles pertaining to safety, emission, fuel efficiency, noise emission, and HVAC norms. It also includes norms related to conformity to environmental safety. The report covers regulations that impact various aspects of automotive value chain like manufacturing, raw material processing, component, and vehicle testing.
These regulations have been classified by vehicle type (passenger car, light, and heavy commercial vehicles), by geography (Asia-Pacific, North America, Europe, and RoW), by type (safety, environmental, fuel efficiency, and fuel emission)
The report will come in handy to professionals in private equity, investment banking, supply chain, M&A, and auto industry insiders involved in new product development and import-export of auto components, CBUs, and CKDs.
Table of Content
1. Introduction
2. Executive Summary
3. Premium Insights
4. Market Overview
5. Automotive Regulations and Legislations, By Region
5.1. Asia-Oceania
5.1.1. Growing concern to meet the demand for ever increasing population with existing oil resources
5.1.2. Increasing presence of automotive giants
5.2. Europe
5.2.1. Majority of automotive giants are in Europe
5.2.2. German manufacturers account for 45 % of all of the vehicles sold, and worldwide, for close to 20 %
5.2.3. Alternative energy has always been a major theme for manufacturers and suppliers in Europe
5.3. North America
5.3.1. Largest market for Light commercial vehicles
5.3.2. Highly advanced market in terms of technology
5.4. RoW
5.4.1. Upcoming economies and high growth potential in this market
6. Automotive Regulations and Legislations, By Vehicle Type
6.1. Passenger cars
6.1.1. Higher demand for Passenger car in developed markets such as Europe and North America
6.1.2. Passenger car sales getting traction in the Asia-Oceania and RoW region as well
6.1.3. Sale of small cars gaining predominance in the BRIC nations
6.2. Light Commercial Vehicle
6.2.1. The United Nations is currently developing a new vehicle test procedure, the Worldwide
Harmonized Light Vehicles Test Procedure (WLTP), which is close to being finalized and will address some of the known issues with current vehicle testing
6.3. Heavy Commercial Vehicle
6.3.1. The global economy was anticipated to grow by 3 to 3.5% in 2013, resulting in medium and heavy truck demand to increase by 5.6 and
3.6%, respectively
6.3.2. Regulations and recessionary forces wreaking havoc on truck sales post 2008
7. Automotive Regulations and Legislations, By Type
7.1. Safety norms
7.1.1. Driver
7.1.2. Passengers
7.1.3. Pedestrian
7.2. Fuel efficiency norms
7.2.1. United States government has recently been proactive acting as a venture capitalist by funding new ventures in automotive battery and
electric vehicles which will increase fuel efficiency
7.2.2. In near future the hardest-hit suppliers may be those with undifferentiated products that do not meet the demand for increased fuel
economy or emission control
7.3. Environmental norms
7.3.1. Emission norms based on vehicle type
7.3.1.1. Passenger cars
7.3.1.1.1. Electrification technologies by enhancing the cost-effectiveness of hybrid and electric vehicles.
7.3.1.1.2. In Europe, 65% of new cars will have to comply with the emission requirements in 2012, 75% in 2013, 80% in
2014, and 100 % in 2015.
7.3.1.2. Light Commercial Vehicle
7.3.1.2.1. Globally, road transport (passenger cars and commercial vehicles) contributes 14 %
Of total man-made carbon dioxide (CO2) emissions
7.3.1.3. Heavy Commercial Vehicle
7.3.1.3.1. This industry is also innovating wit new business model with alternative powertrains and fuel-efficient
technologies
7.3.2. Mobile air-conditioning systems (MACs)
7.3.2.1. Aims at reducing emissions of fluorinated greenhouse gases in the air-conditioning systems fitted to passenger cars and
light commercial vehicles
7.3.2.2. There will be gradual ban on the use of fluorinated greenhouse gases - which have a high global warming potential - in
cars' air-conditioning systems
7.3.3. Noise emissions of motor vehicles
7.3.3.1. In Europe, Noise emission limit values will be lowered in two steps of each 2 dB(A) for passenger cars, buses and light
trucks; for heavy duty vehicles the reduction will be 1 dB(A) in the first step and 2 dB(A) in the second step
7.3.4. Emissions from non-road mobile machinery (NRRM)
7.3.4.1. In June 2013, China's Ministry of Environmental Protection (MEP) issued draft Stage III emission limits for non-road diesel
engines which had Simplified criteria for consistency check
8. Competitive Landscape
9. Company Profiles
9.1. Automotive Research Association of India (ARAI)
9.2. European Commission (EC)
9.3. Specialty Equipment Market Association (SEMA)
9.4. Automotive Industry Standards
9.5. Environmental Protection Agency (EPA)
9.6. California Air Resources Board (CARB)
9.7. Corporate Average Fuel Economy (CAFÉ)
9.8. Standing Committee on Implementation of Emission Legislation (SCOE)
9.9. China National Standard
9.10. Corporate Average Fuel Economy standard
9.11. Test Requirements and Instructions for Automobile Standards
Growth opportunities and latent adjacency in Automotive Regulatio