Automotive exhaust systems helps to exhaust gases out of the engine, clean up emissions that could be environmentally hazardous and reduce the noise generated by the high-velocity exhaust gases. The components of automotive exhaust systems comprise exhaust pipes, flanges, clamps and brackets among others. All these components work together with the connectors catalytic converters and exhaust manifold gaskets among other for the efficient functioning of the automotive exhaust systems.
Exhaust pipes are engineered explicitly to transmit or carry various noxious and toxic gases away from the users of the machine. The exhaust gases are usually very hot, owing to which the exhaust pipes must be heat resistant and durable for not getting spoiled by the heat. These double walled exhaust pipes are manufactured using different metals such as zinc-plated heavy gauzed steel, stainless steel or aluminized steel. Exhaust flanges is a type of projecting rim that helps to tightly attach, fasten or join several exhaust pipes, using nuts and bolts. These exhaust flanges are generally made of iron, stainless steel, aluminum, carbon steel, hardened steel and alloy steel. Exhaust clamps are the components of the exhaust system that used for providing a steady connection between the engine components and various pipe sections.
The clamps come in a diverse range of sizes and can accommodate different sizes of connections and pipes. Steel is most widely used for manufacturing these clamps. The exhaust brackets are a kind of fastener, generally made of steel that provides support to the different components of an automobile’s exhaust system. The global market for automotive exhaust pipes, flanges, clamps and brackets is being strongly driven by the awareness of people regarding the environmental hazards caused by harmful exhaust gases.
The government of various countries globally have introduced strict emission norms to keep the environment free from these toxic gases, owing to which the manufacturers are investing on the product of energy efficient exhaust systems. The global market is also being driven by increasing vehicle production fueled the healthy economic growth of the emerging countries in the regions of Asia Pacific, Latin America and Middle East and Africa.
The global automotive exhaust pipes, flanges, clamps and brackets market can be segmented, by vehicle type into light commercial vehicles (LCV), heavy commercial vehicles (HCV) and passenger vehicles. On the basis of types of exhaust pipes the global market can be classified into H pipes, tail pipes, side pipes, single downpipe, down pipes and others. Based on the types of exhaust clamps and brackets, the global market can be segregated into band clamps, strap clamps, V-band clamps, U-bolt clamps, collar clamps and others. In addition, the market can be geographically divided broadly into five regions, namely: North America, Europe, Asia Pacific, South America and Middle East and Africa. Asia Pacific is expected to emerge as the most lucrative market for automotive exhaust pipes, flanges, clamps and brackets during the forecast period, owing to its leading position in terms of vehicle production and automotive exhaust system manufacturing.
In the recent years, China has been a leader in the automotive market and the original equipment manufacturers are persistently setting up their manufacturing firms in this country due to easy availability of cheap labor and favorable work conditions. Further, economic growth of the emerging economies in the APAC region such as Indonesia, Japan and South Korea are also expected to contribute to the growth of the global market positively.
The major players in the global automotive exhaust pipes, flanges, clamps and brackets market include Mercury Products Corporation, Norma Group America, Ottawa Products Company, Inc., Morgantown Manufacturing Company, AP Exhaust Technologies, FIO Automotive Canada Corporation, Midwest Acoust-A-Fiber, Inc, MINILEIT, Inc., Benteler International AG and Clamps, Inc. among others.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.