Automotive Exhaust Silencer Market: Market Outlook
Mufflers or silencers are mounted within the exhaust system of the vehicle. An automotive exhaust silencer is a device used to decrease the noise produced by the engine combustion during the process. The shape, shape and construction varies according to the size and type of the engine.
Globally, the automobile industry is growing at a significant rate and different vehicles are always seen on the road. The demand of automotive exhaust silencer thus has a very good potential from installment in units and also in the replacement market. With the increase in vehicle fleet of all categories, the demand of automotive exhaust silencer is growing. Subsequently the demand of the automobile vehicles is increasing day-by-day in the country, there is a significant scope of automotive exhaust silencer the demand of which is expected to increase by 7 to 9% in near future.
Automotive Exhaust Silencer Market: Market Dynamics
The growing number of vehicle coupled stringent noise regulations related to vehicle will drive the demand for automotive exhaust silencer market. Mostly, automotive exhaust silencer failure happens due to the effect of corrosion. It is due to the atmospheric conditions of the world and the acidic condensate deposit on silencer. For that purpose, composite material (glass fiber, carbon fiber, stainless steel) are being used to make automotive exhaust silencers.
Advent of electric vehicles to hamper the demand for automotive exhaust silencer market
Battery electric vehicles do not have an internal combustion engine; consequently, they no longer require a silencer. Rising demand for battery electric vehicles is likely to hamper the automotive exhaust silencer market. However, battery technology is still evolving and hence, the market is inclined more toward hybrid and plug-in hybrid electric vehicles, which require an automotive silencer market.
Automotive Exhaust Silencer Market: Regional Trend/ Market Trend
The burgeoning demand for vehicles in countries like India and China is estimated to drive growth for the automotive exhaust silencer market. Manufacturers are establishing production sites in these regions so as to satiate the local demand. For instance, a prominent manufacturer opened a new facility in India to support the demand of local customers as well as OEMs such as Nissan, Daimler and BMW; which in turn is driving demand for automotive exhaust silencer in India.
The key route to this market is via the after-market, which includes work-shops, automotive service centers and retailers for supply to end users. The retail aftermarket includes general & automotive retailers. The remaining market for automotive exhaust silencer market is held by OEMs for the first install in a vehicle. Thus, tie ups with original manufacturers becomes a significant driver across all countries since they provide a guaranteed route to the market through the sale of new vehicles.
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Automotive Exhaust Silencer Market: Segmentation
On the basis of type, the automotive exhaust silencer market can be segmented into:
- Center Inlet
- Dual Inlet
- Offset Inlet
- Center Outlet
- Dual Outlet
- Offset Outlet
On the basis of vehicle type, the automotive exhaust silencer market can be segmented into:
- Light Commercial Vehicle (LCV)
- Passenger Car
- Heavy Commercial Vehicle (HCV)
- Two Wheelers
On the basis of sales channel, the automotive exhaust silencer market can be segmented into:
On the basis of position of silencer, the automotive exhaust silencer market can be segmented into:
- Front Automotive Exhaust Silencer
- Center Automotive Exhaust Silencer
- End Automotive Exhaust Silencer
- Rear Automotive Exhaust Silencer
On the basis of fuel type, the automotive exhaust silencer market can be segmented into:
Automotive Exhaust Silencer Market: Market Participants
Some of the market manufacturers identified in the automotive exhaust silencer market across the globe are:
- Calsonic Kansei Corporation
- Tenneco Inc.
- SM Auto Engg Pvt Ltd.
- Decimin Control System Pvt Ltd
- Victor Auto Engineers
- Sharda Motors
- Metro Auto Silencer
- Yutaka Giken Co Ltd.
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