Press release
Automotive Exhaust Muffler Market to expand at a CAGR of 2.7% by 2027
Functionality of an automotive exhaust muffler is limited to reducing noise from the engine, however, in some cases, it can influence the vehicle’s fuel efficiency. The component’s limited scope of application has undermined the prospects of its global market. Also, sales of automotive exhaust mufflers is taking a hit due to rising cost of the component. The unavoidable backpressure remains one of the most severe drawbacks of exhaust mufflers and continues to be a major engineering challenge for manufacturers. While exhaust muffler sufficiently allow release of gases produced by a vehicle, it compromises on the engine’s firing frequency. Factors as such are expected to deter the global demand for exhaust mufflers in the medium term. According to the latest report published by Fact.MR, the global automotive exhaust muffler is set to reflect a miniscule CAGR of 2.7% over the forecast period (2017-2022).
Get Sample copy of this Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=133
An automotive exhaust muffler (silencer) is an automotive component that reduces the noise emanated by the exhaust of an internal combustion engine. Automotive muffler is fitted within the exhaust system of a vehicle, though the component is not designed to assist any major exhaust function. There are two primary automotive exhaust muffler designs available in the market - absorptive mufflers and reflective or reactive mufflers. Most automotive exhaust mufflers comprise of a shell, baffle plates, non-perforated or perforated pipes, absorption materials and end plates. Exhaust muffler remains an indispensable soundproofing component in modern vehicles.
Europe will Continue to Spearhead the Global Automotive Exhaust Muffler Market
In terms of revenue, Europe currently accounts for the largest share of the global market and is expected to maintain its leading position in 2017 and beyond. The region’s automotive exhaust muffler market is anticipated to witness a steady growth over the next couple of years. Meanwhile, the market in Asia-Pacific excluding Japan (APEJ) is expected exhibit the highest CAGR during the forecast period. This is primarily owing to robust expansion of the automotive sector in China.
Get Discount of this Report @ https://www.factmr.com/connectus/sample?flag=D&rep_id=133
Center Inlet Automotive Exhaust Mufflers will Remain Highly Desirable
Based on product type, demand for center inlet automotive exhaust mufflers will continue to gain traction. Currently, the sales of center inlet automotive exhaust mufflers account for over 23% revenue share of the global market and the figure is expected to remain steady throughout the assessment period.
Competition Tracking
Prominent players mentioned in the Fact.MR’s report include Peugeot S.A. (Faurecia SA), Tenneco Inc., Eberspächer Gruppe GmbH & Co. KG, Futaba Industrial Co., Ltd., Benteler International AG, Friedrich Boysen GmbH & Co. KG, Yutaka Giken Co., Ltd., Sejong Industrial Co., Ltd., Bosal Nederland B.V., and Eminox Limited.
View Report @ https://www.factmr.com/report/133/automotive-exhaust-muffler-market
About us
Fact.MR is focused on offering transformative intelligence that inspires breakthroughs and innovation. We believe that the right decisions at the opportune time are integral to achieve extraordinary success. We are here to help you with your strategic decision making. And, how do we that? By tapping into the vast labyrinth of data to bring you intelligence that inspires.
Contact
Mr. Rohit Bhisey
11140 Rockville Pike
Suite 400
Rockville, MD 20852
Tel: +353-1-6111-593
Website: https://www.factmr.com
E: sales@factmr.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Exhaust Muffler Market to expand at a CAGR of 2.7% by 2027 here
News-ID: 1087157 • Views: …
More Releases from Factmr
5K Display Resolution Market to Hit USD 56.41 Billion by 2033 | Samsung Electron …
The global 5K display resolution market size is valued at US$ 14.31 billion in 2023 and is forecast to reach a value of US$ 56.41 billion by 2033, with a projected CAGR of 14.7% from 2023 to 2033.This robust growth is driven by surging demand in professional sectors like graphics design, video editing, gaming, and medical imaging, where high-resolution displays offer unparalleled clarity and detail at 5120 x 2880 pixels.…
Garnet Market to Hit USD 1.18 Billion by 2033 | GMA Garnet Group, Indian Ocean G …
According to a new study by experienced analysts at Fact.MR, the global garnet market size is estimated to be valued at US$ 688.6 Million in 2023 and is predicted to expand at a CAGR of 5.5% to reach a valuation of US$ 1.18 Billion by the end of 2033.This growth is driven by increasing demand in industrial applications such as water jet cutting, abrasive blasting, and water filtration, fueled by…
USB Charger Market to Reach USD 53.3 Billion by 2033 | Anker, AUKEY, Mophie Lead …
As per the latest study by Fact.MR, the global USB charger market is estimated at US$ 28.1 billion in 2023 and is forecasted to expand at a CAGR of 6.6% to reach a size of US$ 53.3 billion by the end of 2033.This robust growth is fueled by the surging demand for portable electronic devices, rapid technological advancements in charging solutions, and the increasing adoption of Internet of Things (IoT)…
Riding Gear Market to Hit USD 29.4 Billion by 2033 | Royal Enfield, Steelbird, A …
As per a new industry analysis by Fact.MR, the global riding gear market is estimated at US$ 19.3 billion in 2023. Worldwide sales of riding gear are projected to increase at a CAGR of 6.2% and reach US$ 29.4 billion by the end of 2033.This expansion is fueled by increasing safety awareness among riders, stringent regulatory mandates, and the growing popularity of motorcycling as both a recreational and commuting activity.…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
