The global automobile muffler market will grow steadily from 2018 to 2028 based on exhaust gas regulations and technological advances

Global automobile muffler market

DUBLIN, March 26, 2024 (GLOBE NEWSWIRE) — The “Automotive Muffler Market – Global Industry Size, Share, Trends, Opportunities and Forecasts, 2018 to 2028” report has been added. ResearchAndMarkets.com Recruitment.

The global situation of the automotive muffler market shows promising growth and is expected to reach $9.7 billion in 2022 and expand steadily at a CAGR of 6.07% till 2028. The rapid growth of the market can be attributed to the implementation of strict noise and emission control standards. Globally, vehicles require advanced exhaust silencers.

Automobile mufflers are essential for vehicle performance and emissions reduction.
Car mufflers play an important role in controlling noise pollution and improving car performance. Using innovative chambers, baffles and sound-absorbing materials, these devices reduce the noise output of internal combustion engines and contribute to a more comfortable driving experience. In addition, exhaust flow optimization improves engine efficiency, improves fuel economy, and reduces emissions.

Market segmentation: passenger cars lead the way
The automobile muffler market is divided into passenger cars, light commercial vehicles, and large commercial vehicles by vehicle type, with passenger cars leading the way in contributing to profits due to the increase in the number of automobiles owned worldwide. Light commercial vehicles are projected to witness impressive growth due to the rising demand in the e-commerce delivery market.

Geographic market analysis reveals Asia-Pacific to be the frontrunner
Geographically, the market is spread across regions such as North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Asia-Pacific region, dominated by China and India, is at the forefront of the rapidly evolving automotive sector. The market share in North America and Europe is strengthened by the presence of major automakers and strict regulatory standards.

story continues

Competitive environment: Fragmented market with major industry players
The competitive landscape of the market remains fragmented, with multiple global and regional players. Prominent companies in this field include Tenneco, Faurecia, Futaba Industrial, Eberspächer and Sejong Industrial.

Main factors

• Strict exhaust gas regulations require advanced muffler technology.

• High demands on noise reduction and compliance with acoustic regulations.

• Technological innovation leading muffler design.

• Use of lightweight materials for low fuel consumption.

• Consumer preferences are tilted toward improved performance.

Market challenges:

• Adapting to the evolving automotive ecosystem – Challenges facing the market include electric vehicle (EV) adoption, technological complexity, prevalence of counterfeiting, cost pressures, and evolving emissions standards.

Market trend:

• Lightweight and environmentally friendly solutions gain momentum – Current market trends point to the use of lightweight materials, advanced acoustic technology for a superior driving experience, and increased focus on environmentally friendly muffler solutions.

• Differences between reactive technology and absorption technology revealed by segment overview – This report categorizes the product types into reactive mufflers, known to be widely used in passenger cars, absorption mufflers, preferred in high-performance cars, and combination mufflers, for noise cancellation over a wider frequency range. doing. Vehicle types in the market include motorcycles, passenger cars, and commercial vehicles, each of which brings diverse needs to the muffler environment.

A comprehensive analysis provides insightful insights into the factors driving market growth, trends shaping the future of the market, and challenges to be overcome. This market's strong performance incorporates innovations that ensure compliance with global standards while addressing the evolving preferences of a diverse consumer base, paving the way for future advancements in vehicle exhaust technology. It's open.

key attributes

Some of the companies mentioned in this report include:

• Peugeot SA (Faurecia SA)

• Tenneco Co., Ltd.

• Eberspächer Gruppe GmbH & Co. KG

• Futaba Industry Co., Ltd.

• Benteler International AG

• Friedrich Boysen GmbH & Co. KG

• Yutaka Giken Co., Ltd.

• Sejong Industries Co., Ltd.

• Borsall Nederland BV

• Eminox Limited

For more information about this report, please visit https://www.researchandmarkets.com/r/7pemwl.

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source of international market research reports and market data. We provide the latest data on international and regional markets, key industries, top companies, new products and latest trends.

attachment

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900