Automobile Muffler Market

28 Feb

Sample

Automobile Muffler Market Poised to Grow at a CAGR of 8.7%by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Automobile Muffler Market. The report presents analysis of global as well as regional markets of automobile muffler market over the period of 2016 to 2024. Automobile muffler is a device that is primarily used for reducing the amount of noise-emitted from the machine. The muffler is an important part of your exhaust system. Additionally, the most effective method of noise control in the automotive industry is the usage of mufflers. Mufflers are installed along with exhaust system to reduce the exhausted noise.


Growing environmental concerns and strict exhaust noise laws are the major factors driving the automobile muffler market. Additionally, growing market for electrical scooter and electrical motorcycles are anticipated to boost the growth of the automobile muffler market over the forecast period. On the other hand, increasing demand for fuel-efficient vehicles and increase in advancement in material technology are anticipated to provide several opportunities for the growth of the automotive exhaust systems in the upcoming years. On the other hand, the prominent players are anticipated to reduce the price tensions produced by regional players with the establishment of the strong footprint can led to increased profits. Moreover, with the adoption of new technologies the automobile muffler market offers several benefits such as reduced carbon dioxide emissions and improved fuel consumption.


Among the geographies, North America emerged as the largest region for the automobile muffler market followed by Asia pacific. As Asia pacific is another leading region due to increasing awareness about the noise pollution and fuel consumption. Moreover, high demand for automobiles in India and china is anticipated to drive the automobile muffler market in Asia pacific regions. On the other hand, growing environmental concerns and stringent exhaust noise laws are anticipated to maintain the dominance in the North American markets in the upcoming years. Moreover, Europe is anticipated to witness exponential growth owing to the increasing awareness about the electronic motorcycles. The key players included in the automobile muffler market are Onyxautosilencer, Apexhaust, Faurecia, ASPO Ltd., THUNDER, and Faurecia. Additionally, Faurecia has heavily invested in research and development to retain its market positon.Increasing joint ventures and acquisitions have represented potential growth opportunities for automotive muffler market, Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global automobile muffler market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 


Get 15% discount for early purchase of global automobile muffler market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1414

 

The recent report identified that  dominated the global automobile muffler market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the automobile muffler market worldwide.

 

The report segments the global automobile muffler market on the basis of Product Type, Sales Channel, Vehicle Type and Fuel Type.

 

Global Automobile Muffler Market by Product Type

·         Exhaust Manifold

·         Muffler

·         Catalytic Converter

·         Oxygen Sensor

·         Exhaust Pipes

 

Global Automobile Muffler Market by Sales Channel

·         OEM

·         Aftermarket

 

Global Automobile Muffler Market by Vehicle Type

·         2 Wheeler

·         4 Wheeler

 

Global Automobile Muffler Market by Fuel Type

·         Diesel

·         Gasoline

 

Companies Profiled in the Report

·          Faurecia S.A

·         Tenneco Inc.

·         Eberspächer Group

·         Friedrich Boysen GmbH & Co. KG

·         Benteler International AG

·         Futaba Industrial Co., Ltd.

·         Yutaka Giken Co., Ltd.

·         SANGO Co., Ltd

·         Bosal International N.V

·         Harbin Airui Automotive Exhaust Systems Co. Ltd.

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.