Press release
Automotive Mufflers Market Size 2022 Global Opportunities, Trends, Share, Regional Overview, Global Growth, And Country Forecast to 2027
The Automotive Mufflers Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Automotive Mufflers market growth.The Global Automotive Mufflers Market Size is Projected to Reach at a CAGR of 3% during 2022-2027.
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Top Leading Companies:
HKS, AP Exhaust Products, ONYX AUTO INDIA, Munjal Auto Industries, Mark Exhaust, Toyota, HY AUTOMOTIVE
Recent Developments:
Toyota Industries has acquired 7 companies, including 3 in the last 5 years. A total of 5 acquisitions came from private equity firms. Toyota Industries’ largest acquisition to date was in 2012, when it acquired Cascade for $760M. Toyota Industries has acquired in 2 different US states, and 4 countries. The Company’s most targeted sectors include machinery (34%) and information technology (17%). Toyota Industries Corp.Manufacture and sales of textile machinery, automobiles, materials handling equipment, etc. as well as logistics business, etc. Toyota Industries was founded in 1926 and is based in Kariya, Japan.
AP Exhaust Products, Inc. designs, manufactures, and supplies exhaust and emissions products for automotive, light truck, heavy-duty, off-road vehicles, and industrial applications. It offers a range of automotive exhaust and emission systems and components, which include OE replacement exhausts, performance exhausts, heavy duty exhausts, mufflers, exhaust and tail pipes, catalysts and catalytic converters, steel straight tubing products, diesel kits, and related installation and cosmetic-accessories. The company also provides exhaust and emission products for commercial vehicles/trucks and school buses, as well as agricultural, industrial, and forestry equipment. It serves commercial customers and auto service professionals worldwide.
Automotive Mufflers Market Segmentation by Type:
Absorptive Mufflers
Reactive Mufflers
Automotive Mufflers Market Segmentation by Application:
Two-Wheelers
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
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North America dominate the automotive mufflers market
North America is expected to dominate the automotive mufflers market due to the stringent environmental regulations laid by the government to reduce greenhouse effect. Owing to the existence of a large automotive industry in Germany and other European countries, Western Europe is expected to grow considerably during the forecast period. Japan is expected to show stagnant growth in the automotive muffler market over the forecast period. Increasing demand for cars and heavy duties vehicles in Middle East & Africa and Latin America will lead to increased demand for automotive mufflers and hence, the market expected to show high growth during the forecast period.
Regional Automotive Mufflers Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Automotive Mufflers Market Report:
Detailed overview of Automotive Mufflers Market
Changing the Automotive Mufflers market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Automotive Mufflers market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Automotive Mufflers Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Automotive Mufflers Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Automotive Mufflers industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
We Offer Customization on Report Based on Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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