Automotive Mufflers Market Research Study for Forecast Period 2017 - 2027
Automotive Muffler Market: Dynamics:
Since the optimal design of mufflers results in reduced noise from engines and enhanced fuel saving, these two factors are expected to drive the global automotive mufflers market during the forecast period. Furthermore, stringent government regulations regarding noise pollution in various regions such as North America, Western Europe and the APEJ are expected to drive the global automotive mufflers market. Moreover, the recent development of long strand fibrous materials used in exhaust systems without binders has led to their use in combination mufflers, which will further fuel the growth of the global automotive mufflers market during the forecast period.
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Constraints concerning cost, backpressure and shape & size of automotive mufflers – larger mufflers are quite expensive ---- may hamper growth of the global automotive mufflers market. Furthermore, designing for sufficient insertion loss at engine firing frequency and the first few harmonics, in turn, may hamper the growth of global automotive mufflers market during the forecast period.
Automotive Muffler Market: Segmentation:
The Global automotive mufflers market is segmented on the basis of product type, material type, sales channel and vehicle type. On the basis of product type, the global automotive mufflers market is segmented into absorptive and reactive mufflers. Based on material type, the global automotive mufflers market is segmented into stainless steel, carbon fiber, aluminum and titanium mufflers. On the basis of sales channel, the global automotive mufflers market is segmented into original equipment manufacturer (OEM) and aftermarket. On the basis of vehicle type, the global automotive mufflers market is segmented into two-wheelers, passenger cars, light commercial vehicles and heavy commercial vehicles.
Automotive Muffler Market: Key Participants:
Some of the key participants in the global automotive mufflers market are:
AP Exhaust Products
ONYX AUTO INDIA
Munjal Auto Industries Limited
The Dinex Group
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Automotive Muffler Market: Region-wise Outlook:
Owing to the growing automotive industry in China and India as well as the stringent government regulations, the Asia-Pacific excluding Japan is expected to show significant growth during the forecast period. Other than this, 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.
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