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Global Automotive Exhaust Muffler Market Outlook & Deep Study of Top Consumers, Players and Strategies till 2022
Fact.MR
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The next section is an overview of the global automotive exhaust muffler market. This includes the introduction to the market and a standard definition of the product – automotive exhaust muffler. In this section, year-over-year growth and market value is offered to readers. Year-over-year growth gives readers a broader picture on growth patterns during the forecast period.
The next section of the report offers a thorough description of the latest macroeconomic factors that have a bearing on the global automotive exhaust muffler market. Considering the interconnectedness of the automotive exhaust muffler market to global automotive market and, in general, the global economy, readers will get valuable insights on how international developments impact this market.
In a bid to keep readers up-to-date on the latest developments in the global automotive exhaust muffler market, the report offers readers a roundup of the latest trends impacting the market. As the automotive sector is ever-evolving, staying abreast with latest trends and developments is paramount to formulating key business strategies. Information on supply chain, cost structure, pricing analysis, raw material sourcing, and list of distributors are offered to readers in this section.
Global Automotive Exhaust Muffler Market: Key Projections
1) Europe to dominate the global market for automotive exhaust muffler over the forecast period. The region is projected to command for the largest share of the global market in terms of revenue.
2) Presence of a well-established automotive industry in Europe will continue to propel the market for automotive exhaust muffler in the region.
3) Asia-Pacific excluding Japan (APEJ) is also expected to emerge as an attractive market for automotive exhaust muffler over 2022. The market in APEJ is projected to reflect a relatively faster CAGR as compared to other regions.
4) In APEJ, China will remain a key market for automotive exhaust muffler owing to the robust expansion of the automotive sector in the country.
5) On the basis of the product type, the center inlet segment will retain its top position over 2022. The segment currently accounts for more than 23% share of the global market in terms of revenue.
6) After market is expected to remain largest sales channel for automotive exhaust muffler throughout the assessment period.
7) The aftermarket sales channel segment currently represents for more than 67% revenue share of the market of the global market.
8) Based on size, the 1 1/2 - 2 1/2 in. Inlet automotive exhaust muffler segment is estimated to stand at around US$ 2,047 Mn by the end of 2022, reflecting a CAGR of little under 3%. In terms of revenue, this segment currently commands for more than 19% share of the market.
9) By vehicle, the compact passenger cars segment is projected to hold the predominant share of the global market during the forecast period. Towards the end 2022, the segment is estimated to surpass a valuation of US$ 2,787 Mn, reflecting a steady CAGR.
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.
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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.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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