Automotive Silencer Market Introduction
The automotive silencer is a device fitted in the vehicle exhaust to reduce the noise generated by the internal combustion engine. The silencer is an acoustic device and is mandatory in vehicles according to traffic regulations enacted in all countries across the globe.
Automotive Silencer Market - Competitive Landscape
In May 2019, CK Holdings Co., Ltd., a subsidiary of Calsonic Kansei Corporation, announced the completion of its acquisition of Mageti Marelli S.p.A. from Fiat Chrysler Automobiles N.V., a leading manufacturer of silencers
Calsonic Kansei Corporation
Founded in 1938, Calsonic Kansei Corporation is a global automotive company that manufactures exhaust systems and components. The company develops and provides products such as cockpit modules, interior products, electronic products, exhaust system, heat exchange products, climate control systems, and compressors. Calsonic Kansei Corporation operates through 79 production plants and 14 R&D bases located in 15 countries around the world.
Established in 1923, Bosal has its headquarters in Lummen, Belgium. It primarily engages in the manufacturer of automotive and industrial components. It is a major producer of silencers and other exhaust components such as heat exchangers, & catalytic converters.
Founded in 1993, Katcon is a major supplier of automotive exhaust systems and components such as silencers, catalytic converters, tubes, and gasoline particulate filter. The company has presence in more than 50 countries worldwide and is major OE supplier.
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Automotive Silencer Market Dynamics
Noise regulations and environmental laws to drive the automotive silencer market
Traffic laws require the vehicle to be equipped with a silencer in a good operating condition to avoid noise pollution. Thus, the silencer witnesses high aftermarket demand. Rise in environmental concerns has prompted automakers to develop silencers with binders and fibers in order to trap emission particles.
Rising sales of vehicles in developing countries driving the automotive silencer market
Expansion of economies of developing countries in Asia Pacific and Latin America is driving the domestic demand for vehicles, which in turn is fueling the automotive silencer market. China and India are emerging as automotive hubs in the East, due to low labor cost thereby driving the manufacturing volume of vehicles.
Advent of electric vehicles to hamper the demand for automotive silencer
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 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.
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Automotive Silencer Market Segmentation
Based on the silencer type, the automotive silencer market can be classified into
- Center Inlet
- Dual Inlet
- Offset Inlet
- Center Outlet
- Dual Outlet
- Offset Outlet
Based on the vehicle type, the automotive silencer market can be divided into
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Two Wheeler
Based on the sales channel, the automotive silencer market can be bifurcated into
The report on automotive silencer market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The automotive silencer market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The automotive silencer market report also maps the qualitative impact of various market factors on market segments and geographies.
Regional analysis for automotive silencer market includes:
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold 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.