Sales Forecasts of Automotive Exhaust Muffler Market Reveal Positive Outlook Through 2022 - 2032 : Fact.MR

The global automotive exhaust muffler market is scheduled to expand at a CAGR of 6.2% from 2022 to 2032, reaching US$ 18,552.29 Mn in value by the end of the aforementioned forecast period. The market is rising on account of the heightening need to reduce emissions- noise or otherwise- from automotive exhaust systems.

From 2017 to 2021, the market experienced an incline at a CAGR of 2.7%. This sluggish trajectory was attributed to a general slowdown in the global automotive industry throughout 2019, combined with the recessionary outlook experienced as a result of the COVID-19 pandemic. As of 2020, the market reached US$ 9,638.98 Mn.

However, as the pandemic issue becomes more manageable, the global automotive industry's overall outlook is projected to improve. While most sales are predicted to recover as a result of increased EV adoption, conventional car sales are not expected to decline. The continued popularity of fossil-fuel-powered automobiles is likely to keep demand for automotive exhaust mufflers stable over the next decade.

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Key Segments Covered in the Automotive Exhaust Muffler Industry Report
By Product Type
Center Inlet
Dual Inlet
Offset Inlet
Center Outlet
Dual Outlet
Offset Outlet

By Sales Channel
OEM
After market

By Size Type
1 1/2 - 2 1/2 in. Inlet
2 1/4 - 2 in. Inlet
2.1 - 3 in. Inlet
3 - 5 in. Inlet

By Vehicle Type
Compact Passenger Cars
Mid-sized Passenger Cars
Premium Passenger Cars
Luxury Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

Key Takeaways from the Market Study

Global automotive exhaust muffler market to be valued at US$ 10,166.2 Mn by 2022-end
By product, center inlet automotive exhaust mufflers to accumulate 23% of the total revenue
U.K to emerge as an opportunistic market for automotive exhaust mufflers, expected to surge at a CAGR of 7.4%
China to be the fastest expanding market, clocking a CAGR of 8% from 2022 to 2032
Inlet automotive exhaust mufflers measuring 1 ½-2 ½ inches to stand at around US$ 2,047 Mn in 2022
Passenger cars to accumulate nearly US$ 3 Bn in value by 2022-end
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Competitive Landscape

The global market for automobile exhaust mufflers is highly fragmented. Players are concentrating their efforts on mergers, acquisitions, and innovation.

Eberspaecher announced the launch of a new facility in Brazil in September 2021, expanding its global presence. The company's goal with this expansion was to produce a full exhaust after-treatment system as well as components for its new products, which included catalytic converters and mufflers for passenger automobiles and trucks.

More Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the polybutene-1 market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.

The study divulges essential insights on the basis of product type (center inlet, dual inlet, offset inlet, center outlet, dual outlet and offset outlet), sales channel (OEM and aftermarket), size type (1 ½- 2 ½ inches inlet, 2 ¼ - 2 inches inlet), 2.1-3 inches inlet, 3-5 inches inlet, 1 ½-2 ½ inches outlet, 2 ¼-2 inches outlet, 2.1-3 inches outlet and 3-5 inches outlet) and vehicle type (compact passenger cars, mid-sized passenger cars, premium passenger cars, luxury passenger cars, light commercial vehicles and heavy commercial vehicles) across six major regions (North America, Latin America, Europe, Japan, APEJ and Middle East & Africa).

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