Automotive Cold-End Exhaust Aftermarket, [By Type (Basic, Performance); By Vehicle Type (Passenger Vehicles, Commercial Vehicles); By Region]: Market size & Forecast, 2018 – 2026
New York, NY -- (SBWIRE) -- 10/11/2018 -- The global Automotive Cold-End Exhaust Aftermarket generated USD 4,550 million in 2017 and is anticipated to grow at a CAGR of 3.5% during the forecast period according to the new study published by Polaris Market Research.
A cold-end exhaust system consists of mufflers, tailpipes and resonating devices. This system is designed specifically to control particulate matter, ensure lower emissions, and reduce the overall noise. The stringent guidelines of the government in controlling emissions has caused the aftermarket to maintain high quality standards at affordable prices. The market is also under constant auditing by government appointed firms for components that control noise levels and particulate matter filters to reduce pollution.
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The demand for Automotive Cold-End Exhaust Aftermarket has increased owing to the global growth in the automotive industry, and growing demand for vehicles from emerging economies. The growing need to increase the life of vehicles, along with increasing awareness among consumers regarding repair and maintenance of vehicles increases the demand for automotive cold-end exhaust Aftermarket. The introduction of stringent government regulations regarding vehicular emissions further increases the demand for automotive cold-end exhaust aftermarket. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Automotive Cold-End Exhaust Aftermarket, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
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The Europe Automotive Cold-End Exhaust Aftermarket generated the highest revenue in the market in 2017 owing to high demand of luxury vehicles, and increasing modernization of vehicles in the region. The established automotive industry, and strict government regulations have resulted in increasing adoption of Automotive Cold-End Exhaust Aftermarket in the region.
Competitive Landscape and Key Vendors
The global Automotive Cold-End Exhaust Aftermarket is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
The leading companies profiled in the Automotive Cold-End Exhaust Aftermarket include Faurecia, Dynomax Ultra Flo, Flowmaster, Inc., Tenneco Inc., Rogue Engineering, MagnaFlow, Bosal Group, Eberspächer Exhaust Aftermarket GmbH & Co. KG, Calsonic Kansei Corporation, and Magneti Marelli S.p.A.
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- Passenger Vehicles
- Commercial Vehicles
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